Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Morgans can still have bagmarks, and be MS 68 or 69
>
Reply to Thread
Message:
<p>[QUOTE="Morgandude11, post: 7693754, member: 37839"]I don’t disagree with you about grading standards. NGC is as tough, and often tougher on certain coin series. Franklins are much tougher graded by NGC. So are Jefferson Nickels. Even Morgans—when I had my set of 97 Morgan regular strikes, 54 were PCGS, and 53 were NGC. I value them equally. In fact, NGC offers something for toned coins that PCGS does not—the very valued star designation.</p><p><br /></p><p>The main difference I see between the two is perception. Many high end collectors insist on a PCGS certification, or they won’t buy the coin. I ran into that when I sold high end toned Morgans. In fact, I had to reholder a few high grade monster toned Morgans at my expense before a few sellers would buy them. Top celebrated toned Morgans, such as “The Moose” have been reholdered prior-to sale. The same goes for top registry coins in highest grades—some buyers insist on the PCGS/ CAC combination, or they won’t even bid. Do I agree with this practice? No. I see the two companies, and grading to be equal. However, there are irrational market perceptions, and they are hard to fight.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 7693754, member: 37839"]I don’t disagree with you about grading standards. NGC is as tough, and often tougher on certain coin series. Franklins are much tougher graded by NGC. So are Jefferson Nickels. Even Morgans—when I had my set of 97 Morgan regular strikes, 54 were PCGS, and 53 were NGC. I value them equally. In fact, NGC offers something for toned coins that PCGS does not—the very valued star designation. The main difference I see between the two is perception. Many high end collectors insist on a PCGS certification, or they won’t buy the coin. I ran into that when I sold high end toned Morgans. In fact, I had to reholder a few high grade monster toned Morgans at my expense before a few sellers would buy them. Top celebrated toned Morgans, such as “The Moose” have been reholdered prior-to sale. The same goes for top registry coins in highest grades—some buyers insist on the PCGS/ CAC combination, or they won’t even bid. Do I agree with this practice? No. I see the two companies, and grading to be equal. However, there are irrational market perceptions, and they are hard to fight.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Morgans can still have bagmarks, and be MS 68 or 69
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...