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Is it really possible that only PCGS and NGC get it right?
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<p>[QUOTE="19Lyds, post: 2299563, member: 15929"]IMO, a "majority" of the coin dealers feel that PCGS and NGC get it right more often than they get it wrong but "both" services have gotten it wrong and "both" services have made "competitive" corrections to previous grades just so that the coin would reside in their slabs. For example, an AU58 coin that gets resubmitted and comes back an MS62. Did they get it "wrong" the first time or "right" the second time?</p><p><br /></p><p>Remember, regardless of WHAT grading standard is used, grading is an "opinion". Nothing more and nothing less. Technical grading doesn't count as much as opinions based upon experience.</p><p><br /></p><p>The reality of the situation is, is that both TPG's have become the "marketing standard" for coin grading yet both companies have their own individual "grading standards" which, as worded, are open to interpretation and often change quite dramatically "with the market".</p><p><br /></p><p>The exact same coin can and often does grade differently upon crack out and resubmission. Some graded as "cleaned" come back graded while a graded coin crack out and resubmitted can come back "cleaned".</p><p><br /></p><p>Once coin collectors simply shop for the best coin that they can afford and to heck with the grading companies and their somewhat blown out of proportion values, the better off they will be.</p><p><br /></p><p>Collectors should NOT be submitting coins for grading "unless" they have the specific intention of selling the coins (and selling them quickly) because it only takes a few quick, uneducated grading submissions until the collector becomes "underwater" in grading fee's.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2299563, member: 15929"]IMO, a "majority" of the coin dealers feel that PCGS and NGC get it right more often than they get it wrong but "both" services have gotten it wrong and "both" services have made "competitive" corrections to previous grades just so that the coin would reside in their slabs. For example, an AU58 coin that gets resubmitted and comes back an MS62. Did they get it "wrong" the first time or "right" the second time? Remember, regardless of WHAT grading standard is used, grading is an "opinion". Nothing more and nothing less. Technical grading doesn't count as much as opinions based upon experience. The reality of the situation is, is that both TPG's have become the "marketing standard" for coin grading yet both companies have their own individual "grading standards" which, as worded, are open to interpretation and often change quite dramatically "with the market". The exact same coin can and often does grade differently upon crack out and resubmission. Some graded as "cleaned" come back graded while a graded coin crack out and resubmitted can come back "cleaned". Once coin collectors simply shop for the best coin that they can afford and to heck with the grading companies and their somewhat blown out of proportion values, the better off they will be. Collectors should NOT be submitting coins for grading "unless" they have the specific intention of selling the coins (and selling them quickly) because it only takes a few quick, uneducated grading submissions until the collector becomes "underwater" in grading fee's.[/QUOTE]
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Is it really possible that only PCGS and NGC get it right?
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