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PCGS or NGC Coin Certification - When Is It Appropriate
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<p>[QUOTE="Trueshooter, post: 1748271, member: 50344"]And in point of fact grading is where I've actually found a great deal of discrepancy, especially when approaching dealers at coin shops for their expertise. They most often grade very conservatively when one seeks their opinion on a coin's condition. I recently brought in two coins which I was told one was most probably cleaned and the other at best an AU-58. They later came back certified MS-62 and MS-64 from NGC. And this is often my experience. When someone seeks their opinion it is most often because they are considering selling their coin. Therefore it is in the coin dealer's best interest to low grade your coin, thereby putting them in a better position in case of a potential purchase. In my opinion that is akin to larceny, and yet I've found it to be regularly practiced in today's numismatic circles. Needless to say, I'm becoming much better at relying on my own ability.</p><p>But in the case of determining which coins deserve certification, aside from my Krause catalogs, utilizing auction archives, and networking on forums such as these which I have found very helpful, it seems there is no other method which actually simplifies the process.</p><p>Although one bit of news I might share. I have found a bit of success using Google's image search. By uploading an image of the coin onto Google, it tries to match the actual image of the coin to other "like" images on the Internet. It's not perfect, but I can see where the technology is going. It's interesting to say the least.[/QUOTE]</p><p><br /></p>
[QUOTE="Trueshooter, post: 1748271, member: 50344"]And in point of fact grading is where I've actually found a great deal of discrepancy, especially when approaching dealers at coin shops for their expertise. They most often grade very conservatively when one seeks their opinion on a coin's condition. I recently brought in two coins which I was told one was most probably cleaned and the other at best an AU-58. They later came back certified MS-62 and MS-64 from NGC. And this is often my experience. When someone seeks their opinion it is most often because they are considering selling their coin. Therefore it is in the coin dealer's best interest to low grade your coin, thereby putting them in a better position in case of a potential purchase. In my opinion that is akin to larceny, and yet I've found it to be regularly practiced in today's numismatic circles. Needless to say, I'm becoming much better at relying on my own ability. But in the case of determining which coins deserve certification, aside from my Krause catalogs, utilizing auction archives, and networking on forums such as these which I have found very helpful, it seems there is no other method which actually simplifies the process. Although one bit of news I might share. I have found a bit of success using Google's image search. By uploading an image of the coin onto Google, it tries to match the actual image of the coin to other "like" images on the Internet. It's not perfect, but I can see where the technology is going. It's interesting to say the least.[/QUOTE]
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PCGS or NGC Coin Certification - When Is It Appropriate
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