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<p>[QUOTE="Beefer518, post: 2945299, member: 87737"]Gee thanks for those kind words [USER=76863]@baseball21[/USER] <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I'm not saying all buyers of PCGS, and certainly not those that take collecting seriously, like those that participate here and on other forums (folks that aren't 'truly' into collecting don't bother educating themselves). It's folks who are new to the hobby, folks who think they know everything, or folks as stated before that have too much money and want to buy into rare coins. Ebay lemmings would also fit the category.</p><p><br /></p><p>I just think PCGS has been hyped enough by dealers and the like, and their heavy presence on ebay make newcomers think they are (as mentioned earlier) the 'Gold Standard', and blindly buy the slab.</p><p><br /></p><p>There are plenty of properly graded, and undergraded coins in PCGS slabs, but IMO, they have a higher % of overgradeds. Take the 69 vs 70 conversation earlier. Is NGC undergrading 70's? Or is PCGS overgrading 69's? It has to be one or the other. Based on my personal experiences (albeit not in 69/70 coins, as it's not what I collect), I lean towards PCGS overgrading the 69's as 70's.</p><p><br /></p><p>One other thing about NGC's standards/requirements vs PCGS that made me shy away from PCGS was the different requirements for Franklin FBL's. NGC requires both sets of lines to be complete. PCGS requires only the upper set to be complete. Which would you rather own, or better yet, which would you consider to have full bell lines? A coin where only one out of the 2 sets is complete, or the coin where both sets of lines are complete?</p><p><br /></p><p>Just as a let's see, should this Mercury be FB? What kind of grade does this warrant? MS 62, 63, 64, 65?</p><p><br /></p><p>[ATTACH=full]718038[/ATTACH] [ATTACH=full]718039[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Beefer518, post: 2945299, member: 87737"]Gee thanks for those kind words [USER=76863]@baseball21[/USER] ;) I'm not saying all buyers of PCGS, and certainly not those that take collecting seriously, like those that participate here and on other forums (folks that aren't 'truly' into collecting don't bother educating themselves). It's folks who are new to the hobby, folks who think they know everything, or folks as stated before that have too much money and want to buy into rare coins. Ebay lemmings would also fit the category. I just think PCGS has been hyped enough by dealers and the like, and their heavy presence on ebay make newcomers think they are (as mentioned earlier) the 'Gold Standard', and blindly buy the slab. There are plenty of properly graded, and undergraded coins in PCGS slabs, but IMO, they have a higher % of overgradeds. Take the 69 vs 70 conversation earlier. Is NGC undergrading 70's? Or is PCGS overgrading 69's? It has to be one or the other. Based on my personal experiences (albeit not in 69/70 coins, as it's not what I collect), I lean towards PCGS overgrading the 69's as 70's. One other thing about NGC's standards/requirements vs PCGS that made me shy away from PCGS was the different requirements for Franklin FBL's. NGC requires both sets of lines to be complete. PCGS requires only the upper set to be complete. Which would you rather own, or better yet, which would you consider to have full bell lines? A coin where only one out of the 2 sets is complete, or the coin where both sets of lines are complete? Just as a let's see, should this Mercury be FB? What kind of grade does this warrant? MS 62, 63, 64, 65? [ATTACH=full]718038[/ATTACH] [ATTACH=full]718039[/ATTACH][/QUOTE]
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