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<p>[QUOTE="Moondog, post: 4465645, member: 74957"]Apologies for digging up this "older" thread, but I am a bit confused (maybe not so much confused , as disillusioned).</p><p>I have been recently re-energized about completing and/or upgrading my Lincoln (wheat reverse) collection. While looking for a 1914-D (upgrade) and the 1922 No D coin; I have found that the slabbed coins I have looked at have been mildly to severely "overgraded". And ESPECIALLY those from PCGS. I use PCGS Photograde A LOT, when looking for coins to purchase. And when comparing PCGS Photograde to several of THEIR slabbed coins; they appear to be severely overgrading "rarer" or more "sought after" coins.</p><p>For example, I have bid on and/or bought a number of coins from "Great Collections" and Heritage Auctions". Great Collections has a feature with archived coins, sold at their auctions. I can open these up and see the original photos, etc.</p><p>And when I compare a "Same Grade" 1922 No D to a 1922-D coin (PCGS Graded); the less rare 1922-D is always a much better coin than the 1922 no D. The same goes for the 1914-D, 1909 VDB Lincolns, etc..</p><p>I have noticed this in the past with other coins, but I really found this out "recently" when I started looking for "higher" grade, "rarer" coins.</p><p>When I compared the same grade PCGS and NGC coins, the NGC (and ANACS) coins also appear to be slightly overgraded, but not as bad as the PCGS coins.</p><p>Several days ago I sent an email to PCGS and asked this question about my observations. I will say I was very polite and inquired very nicely. I explained that I am NO Expert. However, I received a "generic" email reply which "in a nutshell" said "don't call us, we'll call you". </p><p>I guess the bottom line is "What's in it for PCGS?" Are they advantaged in some way, by overgrading?</p><p>I am certainly no expert and there are A LOT of things I don't know about coin quality/grading. That's why I try to use every tool I can to help make a decision, before a purchase.</p><p>BTW:</p><p>I have been a member for a while now but I don't say much. I just try to see what the "experts" here have to say. But I finally had "enough".</p><p>I don't trust any of them. I use them as a guide. Then I try to determine the grade I think it is. I then check PCGS and NGC price guides, as well as GC and HA archives for "actual recent auction" prices paid.</p><p>Thanks for letting me vent!!![/QUOTE]</p><p><br /></p>
[QUOTE="Moondog, post: 4465645, member: 74957"]Apologies for digging up this "older" thread, but I am a bit confused (maybe not so much confused , as disillusioned). I have been recently re-energized about completing and/or upgrading my Lincoln (wheat reverse) collection. While looking for a 1914-D (upgrade) and the 1922 No D coin; I have found that the slabbed coins I have looked at have been mildly to severely "overgraded". And ESPECIALLY those from PCGS. I use PCGS Photograde A LOT, when looking for coins to purchase. And when comparing PCGS Photograde to several of THEIR slabbed coins; they appear to be severely overgrading "rarer" or more "sought after" coins. For example, I have bid on and/or bought a number of coins from "Great Collections" and Heritage Auctions". Great Collections has a feature with archived coins, sold at their auctions. I can open these up and see the original photos, etc. And when I compare a "Same Grade" 1922 No D to a 1922-D coin (PCGS Graded); the less rare 1922-D is always a much better coin than the 1922 no D. The same goes for the 1914-D, 1909 VDB Lincolns, etc.. I have noticed this in the past with other coins, but I really found this out "recently" when I started looking for "higher" grade, "rarer" coins. When I compared the same grade PCGS and NGC coins, the NGC (and ANACS) coins also appear to be slightly overgraded, but not as bad as the PCGS coins. Several days ago I sent an email to PCGS and asked this question about my observations. I will say I was very polite and inquired very nicely. I explained that I am NO Expert. However, I received a "generic" email reply which "in a nutshell" said "don't call us, we'll call you". I guess the bottom line is "What's in it for PCGS?" Are they advantaged in some way, by overgrading? I am certainly no expert and there are A LOT of things I don't know about coin quality/grading. That's why I try to use every tool I can to help make a decision, before a purchase. BTW: I have been a member for a while now but I don't say much. I just try to see what the "experts" here have to say. But I finally had "enough". I don't trust any of them. I use them as a guide. Then I try to determine the grade I think it is. I then check PCGS and NGC price guides, as well as GC and HA archives for "actual recent auction" prices paid. Thanks for letting me vent!!![/QUOTE]
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