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NGC / vs / PCGS coins $$$
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<p>[QUOTE="The_Cave_Troll, post: 334134, member: 1674"]I think it has very little to do with Mr. Guth, whom I like, by the way.</p><p><br /></p><p>Mostly it has to do with PCGS winning the marketing game. Their registry is more popular and since it descriminates against NGC coins then rgistry-type coins tend to sell for more because they have a larger group of buyers chasing them than the same coin in an NGC slab. This leads to higher prices for the pop top coins in PCGS holders which leads to the perception that they are better quality-wise/value-wise than NGC holdered coins. Which in turn leads the marketplace to begin to value other PCGS coins more highly, even when they aren't registry grade coins. (This would be the kool-ade).</p><p><br /></p><p>the final step that makes it a self fulfilling prophecy is that dealers then recognize the price trend and every properly graded NGC coin is cracked out and submitted to PCGS to get the plastic premium leaving only the mistakes still in NGC holders and all of NGC's best work reholdered into PCGS slabs. This is the part that is most damaging to NGC, because it perpetuates the myth that they are inferior because their properly graded coins aren't on the market anymore.</p><p><br /></p><p>That is why CAC is so good for NGC, now their best work will remain in NGC holders, since with the stickers they trade at par with PCGS stickered coins and above PCGS unstickered coins.[/QUOTE]</p><p><br /></p>
[QUOTE="The_Cave_Troll, post: 334134, member: 1674"]I think it has very little to do with Mr. Guth, whom I like, by the way. Mostly it has to do with PCGS winning the marketing game. Their registry is more popular and since it descriminates against NGC coins then rgistry-type coins tend to sell for more because they have a larger group of buyers chasing them than the same coin in an NGC slab. This leads to higher prices for the pop top coins in PCGS holders which leads to the perception that they are better quality-wise/value-wise than NGC holdered coins. Which in turn leads the marketplace to begin to value other PCGS coins more highly, even when they aren't registry grade coins. (This would be the kool-ade). the final step that makes it a self fulfilling prophecy is that dealers then recognize the price trend and every properly graded NGC coin is cracked out and submitted to PCGS to get the plastic premium leaving only the mistakes still in NGC holders and all of NGC's best work reholdered into PCGS slabs. This is the part that is most damaging to NGC, because it perpetuates the myth that they are inferior because their properly graded coins aren't on the market anymore. That is why CAC is so good for NGC, now their best work will remain in NGC holders, since with the stickers they trade at par with PCGS stickered coins and above PCGS unstickered coins.[/QUOTE]
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NGC / vs / PCGS coins $$$
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