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NGC vs. PCGS the difference and why the premiums shift.
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<p>[QUOTE="GDJMSP, post: 248327, member: 112"]To me consistency is the key element when it comes to grading. What good does it do to have a coin graded by PCGS when the very same coin can be graded 4 or 5 times with grades ranging from MS63 to MS67 - the very same coin ! That alone is the reason for crackouts. No, NGC is not perfect either. But then they at least do not have such wild swings when assigning grades. If you submit the same coin to them 5 times, 4 out of 5 of those times the coin will be graded the same. That speaks volumes.</p><p><br /></p><p>As for price differences, yes PCGS slabbed coins do bring higher prices as a general rule. But to a very large degree it depends on the particular coins that you are comparing. Not all MS65's are equal, but when people compare realized prices they tend to forget that so that they can justify their own opinions. They also tend to forget that PCGS, in my opinion, is reluctant to assign higher grades even when they are deserved so that they can perpetuate the misconceived notion that they have tougher standards. </p><p><br /></p><p>If you do a really honest comparison of a group of coins all graded the same by the two companies you will find that they are pretty much equal in regard to the range of quality you will find in the given group of coins in that grade. You'll find coins graded by both companies at the low end of the scale, the middle and the high end. But the coins graded by NGC will be much closer to each other than those graded by PCGS. Consistency is everything.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 248327, member: 112"]To me consistency is the key element when it comes to grading. What good does it do to have a coin graded by PCGS when the very same coin can be graded 4 or 5 times with grades ranging from MS63 to MS67 - the very same coin ! That alone is the reason for crackouts. No, NGC is not perfect either. But then they at least do not have such wild swings when assigning grades. If you submit the same coin to them 5 times, 4 out of 5 of those times the coin will be graded the same. That speaks volumes. As for price differences, yes PCGS slabbed coins do bring higher prices as a general rule. But to a very large degree it depends on the particular coins that you are comparing. Not all MS65's are equal, but when people compare realized prices they tend to forget that so that they can justify their own opinions. They also tend to forget that PCGS, in my opinion, is reluctant to assign higher grades even when they are deserved so that they can perpetuate the misconceived notion that they have tougher standards. If you do a really honest comparison of a group of coins all graded the same by the two companies you will find that they are pretty much equal in regard to the range of quality you will find in the given group of coins in that grade. You'll find coins graded by both companies at the low end of the scale, the middle and the high end. But the coins graded by NGC will be much closer to each other than those graded by PCGS. Consistency is everything.[/QUOTE]
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NGC vs. PCGS the difference and why the premiums shift.
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