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If PCGS is betther than NGC...?
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<p>[QUOTE="NorthKorea, post: 1688343, member: 29643"]I just wanted to quote this because you said PCS is better already slabbed than NGC... PCS, a self-grader. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> *Yes, I know it's a typo... I just found it funny.*</p><p><br /></p><p>Also, to address some other issues in this thread:</p><p><br /></p><p>1) Numismatic Guaranty Corporation of America (NGC) has shareholders. That's part of what makes it a CORPORATION. It's not publicly traded, so there are different regulations that apply to how they operate, but they're a for-profit corporation. As such, the actions of their marketing department are with the intent of increasing profitability.</p><p><br /></p><p>2) NGC might grade non-North American coins with more stringency. This probably has more to do with niche marketing than anything. PCGS has established itself in the US coins market. There might be cases with "world" coins where PCGS grades looser than NGC, but that's likely only for non-modern issues, as there isn't/aren't enough history/understanding/exemplars in the PCGS library yet. With time, that should change.</p><p><br /></p><p>2a) NGC sort of increased the market for PCGS coins. By allowing individuals to use PCGS coins in the NGC registry, NGC eliminates one of the reasons someone *might* have had for crossing a coin into an NGC holder. There are others, but the open registry likely hurts NGC a lot more than it helps.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1688343, member: 29643"]I just wanted to quote this because you said PCS is better already slabbed than NGC... PCS, a self-grader. ;) *Yes, I know it's a typo... I just found it funny.* Also, to address some other issues in this thread: 1) Numismatic Guaranty Corporation of America (NGC) has shareholders. That's part of what makes it a CORPORATION. It's not publicly traded, so there are different regulations that apply to how they operate, but they're a for-profit corporation. As such, the actions of their marketing department are with the intent of increasing profitability. 2) NGC might grade non-North American coins with more stringency. This probably has more to do with niche marketing than anything. PCGS has established itself in the US coins market. There might be cases with "world" coins where PCGS grades looser than NGC, but that's likely only for non-modern issues, as there isn't/aren't enough history/understanding/exemplars in the PCGS library yet. With time, that should change. 2a) NGC sort of increased the market for PCGS coins. By allowing individuals to use PCGS coins in the NGC registry, NGC eliminates one of the reasons someone *might* have had for crossing a coin into an NGC holder. There are others, but the open registry likely hurts NGC a lot more than it helps.[/QUOTE]
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