PCGS or NGC?

Discussion in 'Coin Chat' started by Aslpride, Apr 26, 2012.

  1. Leadfoot

    Leadfoot there is no spoon

    That's a tough choice, but in general, Lehigh has given you solid advice.
     
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  3. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna



    With only having quickly scanned through your list, you should be darned sure these coins will grade out at a level that will not leave you underground before submitting anywhere.
     
  4. Lehigh96

    Lehigh96 Toning Enthusiast

    IMO, the standards for Peace & Morgan Dollars is so similar that it won't make a difference between the two grading companies so NGC would work well. I don't know why you want to grade a 1964-D Washington Quarter unless it is MS67. I don't know enough about IKE's but Leadfoot does. I would send the Jefferson to NGC, they are tougher on the full step designation and easier on the numerical grade.

    So I guess we are leaning towards NGC unless someone has info about IKEs that would make a difference.
     
  5. Collect89

    Collect89 Coin Collector

    I agree. I too have quickly scanned the list. It looks like about 20 coins to ANACS and 10 coins to NGC. Just shooting from the hip, the total cost including insurance & freight might be $300 for 20 coins to ANACS and $300 for 10 coins to NGC. Of course, we don't know the grades of the coins or how they will "grade-out" by the respective TPGs. The question will be whether having the coins in slabs will make it easy or possible to make more money when selling the lot.
     
  6. BUncirculated

    BUncirculated Well-Known Member

    I don't use any of the TPG services. My coins in my collection are just that, a collection. I don't concern myself about potential future value, and I don't see the justification to pay the expense for someone's opinion on grade, which is subjective to begin with and can vary from one service to another.
     
  7. Mudstomper

    Mudstomper New Member

    I tried to join PCGS Collectors Club and paid them $220. They said they would mail me a welcome package. After a month I called to ask where it was. After finally getting through they checked my address. It was missing my unit number and was mis-spelled. I corrected the info for them and they said they would mail it right out to me. After another month and another lengthy wait on hold they confirmed that the address had not been corrected. I asked for a full refund.

    The customer service manager e-mailed me back but never apologized for the terrible service. She didn't even try to correct things. They said the money will be credited back to my credit card this week (we'll see). After all was said and done I noticed that they still didn't have my correct address. My first (and last) experience with PCGS.
     
  8. jaceravone

    jaceravone Member

    I know I am kinda late to this thread, but I wanted to share something with the OP and other collectors that many might want to take into consideration when submitting coins to either service. Before I start, I should make mention that I belong to both PCGS and NGC, both for entirely different reasons, but mainly because I collects sets of coins from each different company.

    After years of collecting and submitting coins to TPG services, there is one key point that I would like to make, and this is simply to determine whether or not it would be cheaper to purchase the coin of desire already slabbed or to take a chance and submit one yourself. Let me give an example using the most recent coins to come out from the mint - the 75th Silver Eagle Anniversary set. In the near future, I will be searching for a slabbed set for my collection. Total cost for a PR69 set as of now on ebay is running about $200-220. If I were to take my set and send it off to NGC for example, I am already in the hole for $150 for the set. Now take into account shipping costs to NGC (est. $10 for priority mail plus insurance), grading costs ($28 for both coins), handling cost per order ($8 - NGC and PCGS both have this), and shipping costs back (both NGC and PCGS start at minimum $16.95). Total cost to grade two coins = $63! Now take that and add it to the $150 and you have $213. So is it worth the headache to go through everything above when you are not even guarteed a PR70 or PR69 or pay the same amount or even $10 or $20 more to get the coin/s off ebay.

    Keep in mind, if you are sending in varieties to be graded you need to add an additional $12 for NGC and $25 for PCGS!!!! Then as the value of your coins increase and/or number of coins sent in, so does the shipping costs. That $16.95 was for 1-4 coins. It goes up from there.

    Lastly, make sure you can determine to the best you can what the coin will grade for. Nothing is more depressing than sending in a coin and having spent more money to have a coin graded than what the coin is worth. You will never get your money back. Trust me on this one. I just sent in a bunch of modern coins from the mint to NGC hoping for a covetted PR70. I got it, but I also got a PR68 coin that I just sold at a loss because why pay $XX.xx dollars when you can get the same coins graded PR69 for the same price.

    Anyway, more than my two cents worth, but something to consider.

    PS - As for ANA members who want to submit to NGC. All you have to do is call NGC and set up your account. It is free and only takes a minute. You don't get complete access to the NGC site, but it is worth it if all you want to do is submit coins. This is how I got started with NGC. I later upgraded to NGC's basic service so I could get access to their stuff. Good luck.
     
  9. theSharpGun

    theSharpGun The King

    I only have one slab and its an NGC. I personally prefer NGC over PCGS because from what I hear their grading is stricter and their holders look cooler but that's just my opinion
     
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