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Have NGC Standards been improving? PCGS vs. NGC standards
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<p>[QUOTE="GDJMSP, post: 1343194, member: 112"]rascal - </p><p><br /></p><p>Sorry, but you are mistaken about most of what you said. To begin with 3 graders and a finalizer look at every coin graded by NGC. And they all 4 have to agree on that grade. At PCGS there 2 graders and a finalizer who grade every coin, and they too have to agree on the grade. </p><p><br /></p><p>So there is no individual at either company that is having any kind of an impact at all the grades being assigned.</p><p><br /></p><p>Secondly they are not hiring cheap labor. Graders at NGC and PCGS start at 6 figures and go up from there. Some of them make $250k a year, or more. Not exactly what you call cheap labor.</p><p><br /></p><p>The slab label you mentioned has nothing to do with the graders. The slab labels are made and placed in the slab much lower level employees. Yes they made a mistake, but when you're talking about over 5,000 slab labels being inserted each and every work day, yeah sure you're gonna have a few mistakes.</p><p><br /></p><p>And last but not least, none of the graders know who submits any of the coins. The idea of favoritism is not even possible.</p><p><br /></p><p><br /></p><p>And there is no top 4, there is only a top 2. The very concept of the top 4 disappeared several years ago.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1343194, member: 112"]rascal - Sorry, but you are mistaken about most of what you said. To begin with 3 graders and a finalizer look at every coin graded by NGC. And they all 4 have to agree on that grade. At PCGS there 2 graders and a finalizer who grade every coin, and they too have to agree on the grade. So there is no individual at either company that is having any kind of an impact at all the grades being assigned. Secondly they are not hiring cheap labor. Graders at NGC and PCGS start at 6 figures and go up from there. Some of them make $250k a year, or more. Not exactly what you call cheap labor. The slab label you mentioned has nothing to do with the graders. The slab labels are made and placed in the slab much lower level employees. Yes they made a mistake, but when you're talking about over 5,000 slab labels being inserted each and every work day, yeah sure you're gonna have a few mistakes. And last but not least, none of the graders know who submits any of the coins. The idea of favoritism is not even possible. And there is no top 4, there is only a top 2. The very concept of the top 4 disappeared several years ago.[/QUOTE]
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Have NGC Standards been improving? PCGS vs. NGC standards
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