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PCGS/NGC Reference Thread - Who's Stricter by Series
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<p>[QUOTE="CamaroDMD, post: 4515541, member: 5233"]I don't know if that is necessarily true. The problem is grading standards aren't universal. There are a bunch of different standards using the same scale. The ANA has their own, they have a book you can buy and classes you can take. PCGS has their own...which is different from the ANA. NGC too has their own. All the other TPGs do too. So, there isn't just one.</p><p><br /></p><p>Now, is that a result of their direct competition...or is it just simply because grading has always been subjective and as a result different experts have different opinions and those people manage these companies? I don't know the answer to that. To me, it makes sense for PCGS and NGC to have similar grading styles. If one was too strict across the board people would not want to submit to them in the same quantity but if they were too loose people would lose faith in them. So, there is a balance.</p><p><br /></p><p>My opinion is that the relative differences in the grading scales (which is a series by series issue) is due to the subjectivity of the grading process and since these companies are managed and controlled by different people some differences would appear. I also think that it's important for the collector (consumer) to understand that they are different and how.</p><p><br /></p><p>Going back to the FBL example. If I choose to add a Full Bell Lines Franklin to my collection...I want a coin with <b>Full Bell Lines</b>. To me, that means all the lines on the bell...not just the bottom lines. If I am buying online and I am relying on photos...which can be manipulated, it would be beneficial to me to know that PCGS only looks at the bottom lines on the bell while NGC looks at both sets of lines when determining if a Franklin is an FBL. Yes, the coin is the key here...but if the photos aren't ideal, I'm glad that I know that NGC grades these coins more in line with what I want. </p><p><br /></p><p>Is one more right than the other...I don't know. The market seems to accept how both do it. But, because I can't always buy in person...understanding the relative differences between each company when evaluating photos is a useful tool.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 4515541, member: 5233"]I don't know if that is necessarily true. The problem is grading standards aren't universal. There are a bunch of different standards using the same scale. The ANA has their own, they have a book you can buy and classes you can take. PCGS has their own...which is different from the ANA. NGC too has their own. All the other TPGs do too. So, there isn't just one. Now, is that a result of their direct competition...or is it just simply because grading has always been subjective and as a result different experts have different opinions and those people manage these companies? I don't know the answer to that. To me, it makes sense for PCGS and NGC to have similar grading styles. If one was too strict across the board people would not want to submit to them in the same quantity but if they were too loose people would lose faith in them. So, there is a balance. My opinion is that the relative differences in the grading scales (which is a series by series issue) is due to the subjectivity of the grading process and since these companies are managed and controlled by different people some differences would appear. I also think that it's important for the collector (consumer) to understand that they are different and how. Going back to the FBL example. If I choose to add a Full Bell Lines Franklin to my collection...I want a coin with [B]Full Bell Lines[/B]. To me, that means all the lines on the bell...not just the bottom lines. If I am buying online and I am relying on photos...which can be manipulated, it would be beneficial to me to know that PCGS only looks at the bottom lines on the bell while NGC looks at both sets of lines when determining if a Franklin is an FBL. Yes, the coin is the key here...but if the photos aren't ideal, I'm glad that I know that NGC grades these coins more in line with what I want. Is one more right than the other...I don't know. The market seems to accept how both do it. But, because I can't always buy in person...understanding the relative differences between each company when evaluating photos is a useful tool.[/QUOTE]
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PCGS/NGC Reference Thread - Who's Stricter by Series
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