Just getting back to coin biz/world, which TPGS command the highest prices/premiums?

Regarding the "Top Big 3"which 2 years ago, maybe 3, (I am oblivious to coin news now. My NN subscription ran out years ago, along with putting my interest in coins in the gutter and becoming much more focused on magic/sleight of hand/illusions . ) years ago, which TPGS still commands the most premium ? For example, I had a former PCGS MS63 St. Gaudens double eagle, 1908 no motto, one of the most common issues . I remember some huskler at a coin show I always went to monthly offer me over $200 it's value grey sheet (above grey sheet , for its slab company and grade) he just said he really liked the coin. Well, I think I know now why. I'm pretty decent at gold counterfeit detection, but when it comes to grading I completely suck. This guy was a good grader and a dealer, he knew probably it was undergraded. This was before CAC and all. I cracked it out by hitting it with a hammer(I was STUPID. DO NOT DO THIS!! ) miraculously not damaging the coin and sent it off to NGC. It came no problems, graded MS 64. Every coin dealer I've taken it too, (even the dealer I bought it from, heh) including a current NGC grader Brian Silliman, who taught the coin seniniar at the huge coin show expo in downtown Phoenix in 2008, all agreed it was a solid 64 grade and offered me NGC 64 money for it.... So that's why the guy offered that.... Heh. I still got it, I'll post a picture . Anyway, the top grading services used to be: 1) PCGS 2) NGC 3) ANACS 4) ICG.... Still the same? Last I heard when ANACS switched companies and graders they were going downhill fast...

 

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CAC bean aside, you have the order right and nothing's changed. Not much has changed, but at one point last year. EBay wasn't going to recognize ANACS as an established TPG for auction listings. Which would have been a blow to them and would have diminished they're reputation some. After some arm twisting from the ANACS powers that be, they did get their grading service reinstated for use in auction title listings.

 

What's wrong with the green CAC bean now? More controversy? No reputation ? Gone the way of SEGS?

 

In my opinion, there is a very large value gap between the second and third services in that list. Essentially, there are two services that have near-universal acceptance (to one degree or another) for US coins and then there is everything else.

 

Was watching the ANA auction last weekend. That green bean definitely raised the bidding on comparable items.

 

A recent article in Coin World(?) opined that in the mid-future (10-20 years) coins with the bean will command full catalog or more.
And coins without the bean will sell for less than the average even if they merited a bean (the coming cherrrypicking category?).

I'll see if I can find the article but I don't keep my Coin World's for more than a month.

OT: The itch is getting worse.
I've now got money in my numismatic budget and need the Baltimore Whitman show to get here in a hurry.
That'll be my only cure.

 

GJDmsp: << today there is the top 2. ... That said, yes there are still way too many plastic buyers out there. But more and more people have come to realize that it is the coin that matters, not the plastic. They have come to understand that not all 64's, or all 66's, are equal. That quite often with two different coins, graded the same grade by the same TPG, one can often be worth 50% or more than the othe . ... In other words there are more discriminating buyers out there than there used to be. So the plastic doesn't matter as much as it used to. >>

I like this post, which is similar to my view on the matter. My end-of-year article relates to how PCGS and NGC graded coins will be interpreted in the future. Within this end-of-year aticle, I include hyperlinks to previous articles that directly relate to GoldCoinLover's question above and GJD's statement that I just quoted. Please read:

How will Coin Collectors Interpret Certified Coin Grades in the Future?

 

Honestly the last year or so I'm starting to think ngc is much better and more consistent then pcgs didn't used to think that but pcgs getting real sloppy and inconsistent

 

Agree with the top 2 and all others. Old ANACS slabs still garner some decent prices, but still below the top 2.

IMO, the best combo today is a PCGS + CAC bean. Do I always agree with it? Nope. But when you look at the big auction houses, those coins typically sell for more than any other combo (Gold Bean excluded since those are more rare).

Personally, I buy primarily NGC and PCGS. Having a CAC approval is a bonus, but not a prerequisite. In the market today, I recognize the additional value a CAC sticker adds to the coin.