Are they pretty consistent with this series? On Ebay the the ones grade by PCGS seem to for more $$$.
Well then the difference must be that the PCGS ones sell for more money. Sorry I just could not resit the opening.
The ONLY difference is that PCGS sells for more money. They're supposed to be perfect, after all, and if that's truly the case then they should sell for the same amounts. But we all know better! Right? 70's level the submission field.
In almost every (if not all) coin series PCGS coins bring the most money. Obviously it depends on the coin, but if you had a coin by NGC and the exact same coin in PCGS the PCGS coin will go for more.
Not from me they won't. I look at the coin and buy it for what it is. And as for 70 moderns I don't buy those either as 69's are just as good to me. I think the whole 70 thing is a bubble waiting to burst.
Iam with duke i buy the coin not the grade and sometimes crack out the cheeper coin and send it for a regrade. You would be surprised at what the new grade coin i send is worth. Never buy a coin because it cost a lot or the grading companys name. You are the best first grader of your coin.Feel free to make mistakes as its a part of being human and it will be left up to you and not someone you have never heard of.Ive made a lot of them but i know why now and try not to repeat them again.
Yeah, that has always been the assumption. Buy why did people ever make that assumption in the first place ? The answer is pretty simple - because PCGS wanted you to make that assumption. And in order to try and make that happen the company had a policy that they would not assign the 70 grade, even to coins that deserved the 70 grade. And sure enough, it happened. People assumed that the reason PCGS did not assign the 70 grade was because the PCGS standards were tougher than NGC's standards - who assigned the 70 grade quite regularly. In other words, it was all a scam to initiate and perpetuate the myth that PCGS was the better grading company. It was an intentional act to get people to believe something that simply wasn't true. It went on for years. However, a few years ago PCGS changed that policy, (and publicly announced that they had changed it), because they were losing so much business to NGC. And so PCGS began assigning the 70 grade to coins that were deserving of the 70 grade. And wonder of wonders, today PCGS often assigns even more 70 grades than NGC does. But of course only a few have even noticed this yet. So the myth continues in the minds of most PCGS fans. Even though the evidence proves that it was all a myth from the very beginning.
Unfortunately, we live in a consumer world where people need that guarantee slapped on the product to make them feel good about their purchase. I on the other hand do my own research and draw my own conclusions when I buy anything. People put way too much trust in 3rd parties, which they should stop doing and put more trust in their own capabilities of making decisions.
If i cracked open 10 NGC ms-70 coins and sent them to PCGs would i end up with less ms-70s if i had sent them back to NGC?
Very likely possible. Are you trying to sell these? If not, just keep them in their slab or crack them out to enjoy them in other ways.
MS70, and MS69 are all hypothetically opinionated grades. You will find MS69's better looking than MS70's. Except MS70's can be 2x-20x the price of a MS69, which has led to a predominantly ignorance in slabbed coins. Why? When people look at population reports, and for example; a MS69 has 1200 graded at MS69, mean while the MS70 has only 200, well up goes the value. But as the old saying goes, buy the coin-- not the slab, you have to look at the details with varying MS69 and MS70 grades, and decipher for yourself which ultimatly looks better. As far as PCGS's VS NGC's standards, i cannot comment, because i have not done alot of research on PCGS. I like NGC's style holder better. I do believe PCGS is stronger in some area's of numismatics, but does not dominate the grading industry as some people portray it to be. In the end, grading is subjective, and you must go off what you can see on the coin, not just buy it for the numerical grade assigned.
Another side note on the subject is that over the last few years there has been a problem with how the 70 graded Silver Eagles started developing milk spots. From following the discussion of this on several message boards many of the persons affected by this had better luck getting the grade guarantee to work at PCGS than NGC from what I have read. This kind of thing crosses borders of different series that are normally made and graded at this level and does affect consumer bias.
This is the problem im facing. My MS69 & MS70 Koala's, which i thought the perth mint had higher quality minting, have developed milk spots which is aggrevating.
Well, i cant safe definitively, but they are whitish, almost blemishes. They have developed just recently it seems like. I'm almost wondering if it has something to do with the type of light i use with by examining my coins, because since using the light, the spots recently developed.