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PCGS v NGC grading standards for UK milled?
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<p>[QUOTE="HiroBear, post: 5164226, member: 115454"]No doubt, but here's the challenge...</p><p><br /></p><p>If you collect UK early milled material and you're in Australia you either buy it from the UK, or wait to see if it comes up locally in auction. Most of the material is raw, and I'm not a fan of the ANDA's adjectival grading.</p><p><br /></p><p>In Australia you can submit to PCGS via a number of dealers, whereas NGC doesn't seem to have any. I've looked at direct submission but there seem to be customs clearance fees and other onerous paperwork, along with the cost of insurance. So most of the TPG graded material is done by PCGS.</p><p><br /></p><p>So if you're buying offshore you're buying against a dealer's adjectival grading and skills as a photographer. Where the material is slabbed it seems to be predominately NGC.</p><p><br /></p><p>TPGs aren't perfect to be sure, but they seem to help smoothing out the skewness and reducing risk of counterfeits. Would you buy a raw Northumberland shilling in a higher grade? I wouldn't, because I don't have the skill to pick up modern counterfeits. If I'm going to sell the coin it'll likely do better offshore in which case having it slabbed helps in the sale.</p><p><br /></p><p>I agree, buy the coin not the slab, but if I'm presented with a dealer's near UNC and a slabbed AU 55/58, and grainy photos for both... I'll take the slab.[/QUOTE]</p><p><br /></p>
[QUOTE="HiroBear, post: 5164226, member: 115454"]No doubt, but here's the challenge... If you collect UK early milled material and you're in Australia you either buy it from the UK, or wait to see if it comes up locally in auction. Most of the material is raw, and I'm not a fan of the ANDA's adjectival grading. In Australia you can submit to PCGS via a number of dealers, whereas NGC doesn't seem to have any. I've looked at direct submission but there seem to be customs clearance fees and other onerous paperwork, along with the cost of insurance. So most of the TPG graded material is done by PCGS. So if you're buying offshore you're buying against a dealer's adjectival grading and skills as a photographer. Where the material is slabbed it seems to be predominately NGC. TPGs aren't perfect to be sure, but they seem to help smoothing out the skewness and reducing risk of counterfeits. Would you buy a raw Northumberland shilling in a higher grade? I wouldn't, because I don't have the skill to pick up modern counterfeits. If I'm going to sell the coin it'll likely do better offshore in which case having it slabbed helps in the sale. I agree, buy the coin not the slab, but if I'm presented with a dealer's near UNC and a slabbed AU 55/58, and grainy photos for both... I'll take the slab.[/QUOTE]
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PCGS v NGC grading standards for UK milled?
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