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<p>[QUOTE="GDJMSP, post: 311853, member: 112"]Those things are totally meaningless. What would you be saying if you saw ICG or ANACS at the top of that list ? Think it doesn't happen ? Well it does. ICG has been at the top of that list many times, so has ANACS, so has NGC. I've seen PCGS place as low as 4th more than once and 3rd more times than I can count.</p><p><br /></p><p>There are reasons that PCGS coins sell for higher prices, the primary reason is that they had a better marketing campaign. People remember things like brand names. Another reason is that the majority of the people who use grading companies can't grade themselves, so they can't honestly compare coins graded by PCGS to other TPG's. Then you have the word of mouth issue - if you hear something enough times and from enough people you eventually tend to believe it. That doesn't mean it's true. Then of course you have the registry game, if you wish to participate in the PCGS registry your coins have to be slabbed by PCGS, they will accept no others. So there is great deal of competition among registry collectors to buy coins slabbed by PCGS. This raises prices all by itself. Then throw in the fact that NGC would not even slab modern coins, which by the way comprise the vast majority of all slabbed coins, until 2001. This meant that PCGS had a virtual monopoly on the modern coin slabbing market. Then throw in the 70 issue - PCGS hardly slabs any 70's. Or at least used to not slab any. Of course everyone would conveniently ignore the fact that PCGS would even admit that they refused to slab 70's. However they would never mention their quota system. </p><p><br /></p><p>You add all of these things together and you have a self perpetuating myth - that PCGS is the best and has the tightest grading standards. Horse puckey ! Learn how to grade yourself and do an honest comparison. You'll soon find out it's not true.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 311853, member: 112"]Those things are totally meaningless. What would you be saying if you saw ICG or ANACS at the top of that list ? Think it doesn't happen ? Well it does. ICG has been at the top of that list many times, so has ANACS, so has NGC. I've seen PCGS place as low as 4th more than once and 3rd more times than I can count. There are reasons that PCGS coins sell for higher prices, the primary reason is that they had a better marketing campaign. People remember things like brand names. Another reason is that the majority of the people who use grading companies can't grade themselves, so they can't honestly compare coins graded by PCGS to other TPG's. Then you have the word of mouth issue - if you hear something enough times and from enough people you eventually tend to believe it. That doesn't mean it's true. Then of course you have the registry game, if you wish to participate in the PCGS registry your coins have to be slabbed by PCGS, they will accept no others. So there is great deal of competition among registry collectors to buy coins slabbed by PCGS. This raises prices all by itself. Then throw in the fact that NGC would not even slab modern coins, which by the way comprise the vast majority of all slabbed coins, until 2001. This meant that PCGS had a virtual monopoly on the modern coin slabbing market. Then throw in the 70 issue - PCGS hardly slabs any 70's. Or at least used to not slab any. Of course everyone would conveniently ignore the fact that PCGS would even admit that they refused to slab 70's. However they would never mention their quota system. You add all of these things together and you have a self perpetuating myth - that PCGS is the best and has the tightest grading standards. Horse puckey ! Learn how to grade yourself and do an honest comparison. You'll soon find out it's not true.[/QUOTE]
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