NGC or PCGS: The Ultimate Poll

Yeah.....like maybe both actually adhere to ANA standards. I know, I am a hopeless dreamer.

@wingedliberty, I am just wondering if you feel sending in coins still in NGC holders may have something to do with PCGS grades of them. If I were a firm wishing to make people feel my grades were superior to another firms, I sure as heck, (if given coins in the other firms holders), make sure I was as tough as nails on those coins to give the impression that the submitter wasted his money on the other firm. Have you ever submitted identical groups, one in NGC holders and the other raw but cracked out of NGC holders, submitted separately, and seen if there was a difference? Maybe PCGS just plays this game, but NGC doesn't?

Just a thought.

Edit: BTW WL, I am not saying you are not right about certain series/properties of certain coins and how different TPGers treat them. You could very well be right. I have heard, though, that it cuts both ways and NGC might be tougher on some coins that maybe you don't collect.

 

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Better? I guess I am the stupid one, I crack out nearly every coin I get in a slab, including NGC, (PCGS doesn't do ancients). I don't consider a coin in a slab "better". It may have another firm's opinion that its genuine, which is ok to have, but that is the only "better" aspect of a slab to me.

The "worst" aspect of slabs is I cannot do further testing on the coin, examine it in different angles on a scope, and generally not touch my little possession. A slab, to me, turns my cool little artifact into little more than a photograph.

 

Yes, by the way, NGC's official price guide (Numismedia) is not controlled by NGC. PCGS creates their own price guide. I wonder which is more trustworthy and unbiased? :rollling:

 

Keep trying, I have been trying to offend Doug for a long time to no avail.

 

All you PCGS zealots, how do you think your precious infallible PCGS did on this one?

http://teletrade.com/coins/lot.asp?auction=3275&lot=1405#n

 

Well it's still interesting ... to me at least!

And I am still absolutely convinced there is (on average) a 1 grade gap between NGC and PCGS on copper coins!


I don't think I will convince anyone I am right ... and I don't think anybody else will convince me I am wrong ... looks like a stalemate!!

So I will just move on and away from this thread (I am sure you are all saying "good riddence" right?) ; )

I said what I wanted to say ...

Have a great weekend everyone!!

 

Have a nice weekend yourself sir, and never good riddance. If we didn't have any disagreements, this would be an awfully boring board.

 

Neither.

It still boils down to what someone is willing to pay for it.

 

I guess that makes me a coin slob. My early coppers cannot be fully appreciated when entombed in plastic.

 

Believe it or not, not everyone is OCD over coins being entombed in a slab. There are still many who enjoy collecting for the joy of it, and not the potential value because of a fancy holder, with a label containing an opinion and nothing more.

 

Don't worry Marshall, some collectors simply need their hands helds by the nice little TPG people a little longer than others........

 

If Doug is not offended by my continued obstinence, I don't think it is possible to offend him.

Oh I just knew that coin was going to make it into this thread. Not trying to defend the grading of that coin but a guy on the PCGS forum did a pretty good job of showing how the angle of the photo can make the appearance of full bands disappear.

Buy the Holder, Not the Coin....WOW!

FWIW, I think that coin is a mechanical error.

I guess I should be mad at Paul (Winged Liberty) for making me agree with you Doug. LOL

BTW, PCGS is more conservative with respect to their grading of premium gem Jefferson Nickels than NGC, but NGC is far more strict with their application of the full step designation. I promise that the kool-aid drinkers would lose a lot of money if they crossed their full step Jeffs into NGC holders.

EAC guys are exempt from the labels in my book.

 

Shoot, I said I was moving on ... and didn't ... I hate it when someone does that. (Please excuse me)

Doug, I really want to understand what you are saying. You said that "NGC is TOUGHER on other coins" (other than Lincolns, or maybe you meant other than copper).

Here is an NGC Graded Proof PF 63 Barber Half

PCGS would not cross this at PR 63 ... they objected to the grade and wanted to cross it as PR62 or lower.

So if NGC is tougher on "other coins" why wouldnt PCGS cross this at a higher grade (PR64 or higher?) ... why would PCGS not only not raise the NGC grade ... but in the end, not even agree with the NGC grade and want to downgrade on crossing.

I know I havent had that many submissions, statistically speaking, but honestly I would fall over in my chair if PCGS ever upgraded any NGC coin that i submitted to them. I really do hope I someday have that pleasurable experience as it sounds like from what you wrote that does happen on occasion. That would be such a windfall! Man oh man, if this Barber half UPGRADED to PCGS PR64, I would have made thousands of dollars.

Any thoughts you have are very welcome, as I am still learning about all this stuff too.

 

I have to admit the more I think about this post the more insulted I am. Exactly why are those of us who know how to grade and authenticate ourselves a "coin slob"? Why are those of us who have no interest in chasing some kind of registry doohicky or give a crud about what others think about our coins somehow inferior?

I simply think this is an extremely demeaning remark completely ignoring a large segment of collectors who probably would not even want most of the coins you pursue so vigorously, as you probably would not want ours. A collector is not "more" of a collector, or a "better" collector simply because they need reassurance of a paid third party. I think I have demonstrated my grading prowess here on CT, and believe it or not have many high grade coins I simply do not wish to pay money to ask someone else's opinion on. I know what they are, know they are not cleaned or AT, and bought them appropriately. This is regarding my US coins, not even talking about ancients or medieval coins.

Sorry if I am taking it the wrong way, but to put most other options in a positive light, but non-TPG lovers in a derisive light is ticking me off a little.

Chris

 

If NGC is so easy, there should be no problem getting it back into their holder, so why not crack and sub to PCGS? You may just be surprised.

It may help to understand that each TPG grades to their OWN standards, so comparing is often apples and oranges.

 

One last coin I wanted to post. I have this NGC MS67 STAR Morgan in at PCGS right now for potential crossing to PCGS MS67. I honestly dont think this has a prayer of getting a PCGS MS67 grade (PCGS is such a STICKLER on MS67 Morgans) but wanted to roll the dice anyway because I really wanted a TrueView photo of this. I will post in this thread what PCGS said about this one. I am thinking, they will put a code 85 on this submission telling me they would have crossed it at a lower grade (I am thinking MS66).

I do have to say that I would feel like I died and went to heaven if Doug's statement that "NGC is tougher on other coins" was true (on this coin at least!).

If PCGS put an MS68 on this, it would be worth a mint:
PCGS MS66 = $475
PCGS MS67 = $1,450
PCGS MS68 = $15,000 (wow)

In any case, I have a feeling this will end up being yet another case (in a seemingly neverending stream of coins, for me at least) where the NGC grade ends up being higher than what PCGS would have put on it -- but I could be wrong (or I should say, I hope I am wrong!)