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<p>[QUOTE="johnmilton, post: 3399703, member: 101855"]PCGS and NGC are the leading grading services. All the rest fall into lower categories. I could discuss why that is, but that’s not what I want to do here. I want to compare the two services.</p><p><br /></p><p>I have long contended that PCGS is slightly more conservative than NGC overall for U.S. coins. The trouble with that blanket statement is that it does not apply in individual cases. Each coin is different. Each service has issued coins in their slabs that were “dead on” or conservative for the grade assigned, and each has issued some clunkers that were over graded from the get-go.</p><p><br /></p><p>Today it seems that there are more PCGS fans in the U.S. coin market than NGC fans. For foreign coins, NGC is the leading service. There seems to be a growing number of PCGS – CAC fans. They don’t seem to have much respect NCG-CAC approved coins.</p><p><br /></p><p>As an experienced grader I find far more PCGS graded U.S. coins that I like than NGC coins at the shows. Why is that? First, as I said earlier, PCGS is a little more conservative overall, but that tells only a tiny part of the story.</p><p><br /></p><p>The really important part is that many of the properly graded NGC coins have been crossed to PCGS. If you are on the PCGS blog, you read it all time. “I am going to cross this NGC graded coin to PCGS because I prefer PCGS!” The NGC mistakes stay in their holders, which drags down the perception of their product.</p><p><br /></p><p>A well-known dealer said to me, “There really isn’t much difference in the grading room,” and I think that he is right. NGC has graded many good or great coins properly, but much of their product has been crossed over to PCGS.</p><p><br /></p><p>I’d like to hear some of your views.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3399703, member: 101855"]PCGS and NGC are the leading grading services. All the rest fall into lower categories. I could discuss why that is, but that’s not what I want to do here. I want to compare the two services. I have long contended that PCGS is slightly more conservative than NGC overall for U.S. coins. The trouble with that blanket statement is that it does not apply in individual cases. Each coin is different. Each service has issued coins in their slabs that were “dead on” or conservative for the grade assigned, and each has issued some clunkers that were over graded from the get-go. Today it seems that there are more PCGS fans in the U.S. coin market than NGC fans. For foreign coins, NGC is the leading service. There seems to be a growing number of PCGS – CAC fans. They don’t seem to have much respect NCG-CAC approved coins. As an experienced grader I find far more PCGS graded U.S. coins that I like than NGC coins at the shows. Why is that? First, as I said earlier, PCGS is a little more conservative overall, but that tells only a tiny part of the story. The really important part is that many of the properly graded NGC coins have been crossed to PCGS. If you are on the PCGS blog, you read it all time. “I am going to cross this NGC graded coin to PCGS because I prefer PCGS!” The NGC mistakes stay in their holders, which drags down the perception of their product. A well-known dealer said to me, “There really isn’t much difference in the grading room,” and I think that he is right. NGC has graded many good or great coins properly, but much of their product has been crossed over to PCGS. I’d like to hear some of your views.[/QUOTE]
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PCGS vs. NGC – Some personal observations
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