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PCGS vs. NGC - anyone send the exact same coin to both?
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<p>[QUOTE="brg5658, post: 2035607, member: 29751"]Based on some of the words you use in your posts, I presume you know how to use statistics and know that a study would need to be designed in a very particular way for one to assess what you are asking. Such a study has been proposed by myself and by others over the years. Of course, no such study would ever cover all of your bases, as there are too many moving target variables.</p><p><br /></p><p>For example, say you "show" that PCGS is more strict that NGC <i><u><b>today</b></u></i>. That doesn't prove anything about the millions of coins that were graded <u><i><b>before</b></i></u> today. The "tightness" of NGC and PCGS ebbs and flows. And, what further complicates the issue is that there is NOT a definitive third opinion outside of NGC and PCGS that is a <b>gold standard</b>. Assessing the "strictness" of a grade without regard to a fixed reality has no meaning. </p><p><br /></p><p>All people can tell you are their personal anecdotes about a coin here and there. Every anecdote can be countered with an opposite experience anecdote. In the end, all that matters is that each collector knows what he/she is doing, and spends his/her money on coins that meet a certain personal standard. The numbers on labels inside of slabs are guides, but are not magical. </p><p><br /></p><p>The use of TPG grades reminds me of the old analogy of the drunken man and the lamp post. Do not use the lamp post (TPG grades) as a <b><i>crutch/support on which to lean</i></b>, but use it as a form of<b><i> illumination </i></b>(opinion) as it was intended.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 2035607, member: 29751"]Based on some of the words you use in your posts, I presume you know how to use statistics and know that a study would need to be designed in a very particular way for one to assess what you are asking. Such a study has been proposed by myself and by others over the years. Of course, no such study would ever cover all of your bases, as there are too many moving target variables. For example, say you "show" that PCGS is more strict that NGC [I][U][B]today[/B][/U][/I]. That doesn't prove anything about the millions of coins that were graded [U][I][B]before[/B][/I][/U] today. The "tightness" of NGC and PCGS ebbs and flows. And, what further complicates the issue is that there is NOT a definitive third opinion outside of NGC and PCGS that is a [B]gold standard[/B]. Assessing the "strictness" of a grade without regard to a fixed reality has no meaning. All people can tell you are their personal anecdotes about a coin here and there. Every anecdote can be countered with an opposite experience anecdote. In the end, all that matters is that each collector knows what he/she is doing, and spends his/her money on coins that meet a certain personal standard. The numbers on labels inside of slabs are guides, but are not magical. The use of TPG grades reminds me of the old analogy of the drunken man and the lamp post. Do not use the lamp post (TPG grades) as a [B][I]crutch/support on which to lean[/I][/B], but use it as a form of[B][I] illumination [/I][/B](opinion) as it was intended.[/QUOTE]
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PCGS vs. NGC - anyone send the exact same coin to both?
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