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ICG beat out PCGS this week
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<p>[QUOTE="Midas, post: 66825, member: 2761"]Agree to a point. The question is where to submit to? If you take your "prices realized" less the slabbing cost of whatever service, if you net <u>more</u> for a PCGS coin over other services, that is good for the submitter and owner of the given coin.</p><p><br /></p><p>All in all, the PCGS graded coins obtain more (even after the submission fees) for their coins than the other services, so if I were to submit a coin for authentication, grading and liquidity, I just can't ignore the maket prices obtained by a PCGS slabbed coin.</p><p><br /></p><p>Now if I were to buy the coin, I look at the coin itself and try to find the best deal. As stated, I have bought some PCI, SEGS graded coins, kept them for awhile, broke them out and submitted them off to PCGS. Even a coin graded MS66 by PCI came back MS64 from PCGS was worh more than what I paid for it after submission costs and all. Sometimes PCI or SEGS coins are right in line with PCGS and if they "cross", I am a happy camper.</p><p><br /></p><p>Now, I break out the coin as most PCI and SEGS coins don't even cross at a designated minumum grade when they are in their holders. My experience is if I submit them raw, I have better success of obtaining the proper grade that when they are in their holder. Call it PCGS being prejudiced against other TPG's, but that has been my experience...and a costly one too!</p><p><br /></p><p>You are right, it is attention away from the coin. I wish that all grading services grade coins like the government grades gasoline. But the fact of the matter is that the market has spoken and I can't fight it. I like ICG slabs for my coins better than PCGS, but when it comes time to sell (as WE are all short term owners of our coins and Earthly possessions), I know that my coins will fare much better than NGC which will fare better than ANACS which will fare better than ICG which will fare better than...(you get the point)...</p><p><br /></p><p>...all things being equal...which is hard to do in coins based on market forces, timing, released hoards, and the holy grail...GRADING![/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 66825, member: 2761"]Agree to a point. The question is where to submit to? If you take your "prices realized" less the slabbing cost of whatever service, if you net [U]more[/U] for a PCGS coin over other services, that is good for the submitter and owner of the given coin. All in all, the PCGS graded coins obtain more (even after the submission fees) for their coins than the other services, so if I were to submit a coin for authentication, grading and liquidity, I just can't ignore the maket prices obtained by a PCGS slabbed coin. Now if I were to buy the coin, I look at the coin itself and try to find the best deal. As stated, I have bought some PCI, SEGS graded coins, kept them for awhile, broke them out and submitted them off to PCGS. Even a coin graded MS66 by PCI came back MS64 from PCGS was worh more than what I paid for it after submission costs and all. Sometimes PCI or SEGS coins are right in line with PCGS and if they "cross", I am a happy camper. Now, I break out the coin as most PCI and SEGS coins don't even cross at a designated minumum grade when they are in their holders. My experience is if I submit them raw, I have better success of obtaining the proper grade that when they are in their holder. Call it PCGS being prejudiced against other TPG's, but that has been my experience...and a costly one too! You are right, it is attention away from the coin. I wish that all grading services grade coins like the government grades gasoline. But the fact of the matter is that the market has spoken and I can't fight it. I like ICG slabs for my coins better than PCGS, but when it comes time to sell (as WE are all short term owners of our coins and Earthly possessions), I know that my coins will fare much better than NGC which will fare better than ANACS which will fare better than ICG which will fare better than...(you get the point)... ...all things being equal...which is hard to do in coins based on market forces, timing, released hoards, and the holy grail...GRADING![/QUOTE]
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