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PCGS vs. NGC - anyone send the exact same coin to both?
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<p>[QUOTE="19Lyds, post: 2035695, member: 15929"]Here, for your consideration, is a copy of PCGS's "Strict" Grading standards.</p><p><br /></p><p>PO-1 Identifiable date and type</p><p>FR-2 Mostly worn, though some detail is visible</p><p>AG-3 Worn rims but most lettering is readable though worn</p><p>G-4 Slightly worn rims, flat detail, peripheral lettering nearly full</p><p>G-6 Rims complete with flat detail, peripheral lettering full</p><p>VG-8 Design worn with slight detail</p><p>VG-10 Design worn with slight detail, slightly clearer</p><p>F-12 Some deeply recessed areas with detail, all lettering sharp</p><p>F-15 Slightly more detail in the recessed areas, all lettering sharp</p><p>VF-20 Some definition of detail, all lettering full and sharp</p><p>VF-25 Slightly more definition in the detail and lettering</p><p>VF-30 Almost complete detail with flat areas</p><p>VF-35 Detail is complete but worn with high points flat</p><p>EF-40 Detail is complete with most high points slightly flat</p><p>EF-45 Detail is complete with some high points flat</p><p>EF-45+ Detail is complete with a few high points flat. Superior eye appeal.</p><p>AU-50 Full detail with friction over most of the surface, slight flatness on high points</p><p>AU-50+ Full detail with friction over most of the surface, very slight flatness on high points. Good eye appeal.</p><p>AU-53 Full detail with friction over 1/2 or more of surface, very slight flatness on high points</p><p>AU-53+ Full detail with friction on only 1/2 of surface, extremely slight flatness on high points. Positive eye appeal.</p><p>AU-55 Full detail with friction on less than 1/2 surface, mainly on high points</p><p>AU-55+ Full detail with slight friction on less than 1/2 of surface, on high points. Eye appeal is good.</p><p>AU-58 Full detail with only slight friction on the high points</p><p>AU-58+ Full detail with the barest trace of friction on the highest points. Superior eye appeal.</p><p>MS/PR-60 No wear. May have many heavy marks/hairlines, strike may not be full</p><p>MS/PR-61 No wear. Multiple heavy marks/hairlines, strike may not be full</p><p>MS/PR-62 No wear. Slightly less marks/hairlines, strike may not be full</p><p>MS/PR-62+ No wear. Still slightly above number of marks/hairlines, strike may not be full. Attractive eye appeal for grade.</p><p>MS/PR-63 Moderate number/size marks/hairlines, strike may not be full</p><p>MS/PR-63+ Average number of marks/hairlines, strike will be close to average. Good eye appeal for grade.</p><p>MS/PR-64 Few marks/hairlines or a couple of severe ones, strike should be average or above</p><p>MS/PR-64+ Very few marks/hairlines or a couple of heavier ones, strike should be average or above. Superior eye appeal.</p><p>MS/PR-65 Minor marks/hairlines though none in focal areas, above average strike</p><p>MS/PR-65+ Very minor marks/hairlines though none in focal areas, above average strike and eye appeal</p><p>MS/PR-66 Few minor marks/hairlines not in focal areas, good strike</p><p>MS/PR-66+ Very few minor marks/hairlines not in focal areas, very good strike with superior eye appeal</p><p>MS/PR-67 Virtually as struck with minor imperfections, very well struck</p><p>MS/PR-67+ Virtually as struck with very minor imperfections, very well struck with attractive eye appeal</p><p>MS/PR-68 Virtually as struck with slight imperfections, slightest weakness of strike allowed</p><p>MS/PR-68+ Virtually as struck with very slight imperfections, the strike must be virtually full. Eye appeal must be very good.</p><p>MS/PR-69 Virtually as struck with minuscule imperfections, near full strike necessary</p><p>MS/PR-70 As struck, with full strike</p><p><br /></p><p><br /></p><p>Please make note of all the "Virtually as Struck" or "As Struck" notations.</p><p><br /></p><p>IMO, there is nothing strict about these standards what so ever as the wording leaves lots and lots of room for "opinion". Which is really all it is.</p><p><br /></p><p>Make no mistake, the coin market as it exists TODAY is solely because of the TPG Business model combined with the Internet.</p><p><br /></p><p>Before TPG's, a collector or dealer had to rely solely upon the "opinion" of the person selling the coin(s). Often times, as it is today, those opinions are inflated simply because nobody wants to lose money on a coin transaction.</p><p><br /></p><p>How often does the forum host a thread where the OP disagrees with the assigned TPG grade claiming that, in their opinion, it is too high? (Usually the OP doesn't own the coin)</p><p><br /></p><p>How often does the forum host a thread where the OP disagrees with the assigned TPG grade claiming that, in their opinion, it is too low? (Usually the OP owns the coin)</p><p><br /></p><p>How often does the forum host a thread where the OP thinks the coin should not have graded due to some flaw? (Usually the OP does not own the coin)</p><p><br /></p><p>How often does the forum host a thread where "others" think the coin should not have graded? (Usually, the OP owns the coin)</p><p><br /></p><p>It's a market, it's a business and it's all based upon how much "hay" which has passed through the digestive system that we are willing swallow.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2035695, member: 15929"]Here, for your consideration, is a copy of PCGS's "Strict" Grading standards. PO-1 Identifiable date and type FR-2 Mostly worn, though some detail is visible AG-3 Worn rims but most lettering is readable though worn G-4 Slightly worn rims, flat detail, peripheral lettering nearly full G-6 Rims complete with flat detail, peripheral lettering full VG-8 Design worn with slight detail VG-10 Design worn with slight detail, slightly clearer F-12 Some deeply recessed areas with detail, all lettering sharp F-15 Slightly more detail in the recessed areas, all lettering sharp VF-20 Some definition of detail, all lettering full and sharp VF-25 Slightly more definition in the detail and lettering VF-30 Almost complete detail with flat areas VF-35 Detail is complete but worn with high points flat EF-40 Detail is complete with most high points slightly flat EF-45 Detail is complete with some high points flat EF-45+ Detail is complete with a few high points flat. Superior eye appeal. AU-50 Full detail with friction over most of the surface, slight flatness on high points AU-50+ Full detail with friction over most of the surface, very slight flatness on high points. Good eye appeal. AU-53 Full detail with friction over 1/2 or more of surface, very slight flatness on high points AU-53+ Full detail with friction on only 1/2 of surface, extremely slight flatness on high points. Positive eye appeal. AU-55 Full detail with friction on less than 1/2 surface, mainly on high points AU-55+ Full detail with slight friction on less than 1/2 of surface, on high points. Eye appeal is good. AU-58 Full detail with only slight friction on the high points AU-58+ Full detail with the barest trace of friction on the highest points. Superior eye appeal. MS/PR-60 No wear. May have many heavy marks/hairlines, strike may not be full MS/PR-61 No wear. Multiple heavy marks/hairlines, strike may not be full MS/PR-62 No wear. Slightly less marks/hairlines, strike may not be full MS/PR-62+ No wear. Still slightly above number of marks/hairlines, strike may not be full. Attractive eye appeal for grade. MS/PR-63 Moderate number/size marks/hairlines, strike may not be full MS/PR-63+ Average number of marks/hairlines, strike will be close to average. Good eye appeal for grade. MS/PR-64 Few marks/hairlines or a couple of severe ones, strike should be average or above MS/PR-64+ Very few marks/hairlines or a couple of heavier ones, strike should be average or above. Superior eye appeal. MS/PR-65 Minor marks/hairlines though none in focal areas, above average strike MS/PR-65+ Very minor marks/hairlines though none in focal areas, above average strike and eye appeal MS/PR-66 Few minor marks/hairlines not in focal areas, good strike MS/PR-66+ Very few minor marks/hairlines not in focal areas, very good strike with superior eye appeal MS/PR-67 Virtually as struck with minor imperfections, very well struck MS/PR-67+ Virtually as struck with very minor imperfections, very well struck with attractive eye appeal MS/PR-68 Virtually as struck with slight imperfections, slightest weakness of strike allowed MS/PR-68+ Virtually as struck with very slight imperfections, the strike must be virtually full. Eye appeal must be very good. MS/PR-69 Virtually as struck with minuscule imperfections, near full strike necessary MS/PR-70 As struck, with full strike Please make note of all the "Virtually as Struck" or "As Struck" notations. IMO, there is nothing strict about these standards what so ever as the wording leaves lots and lots of room for "opinion". Which is really all it is. Make no mistake, the coin market as it exists TODAY is solely because of the TPG Business model combined with the Internet. Before TPG's, a collector or dealer had to rely solely upon the "opinion" of the person selling the coin(s). Often times, as it is today, those opinions are inflated simply because nobody wants to lose money on a coin transaction. How often does the forum host a thread where the OP disagrees with the assigned TPG grade claiming that, in their opinion, it is too high? (Usually the OP doesn't own the coin) How often does the forum host a thread where the OP disagrees with the assigned TPG grade claiming that, in their opinion, it is too low? (Usually the OP owns the coin) How often does the forum host a thread where the OP thinks the coin should not have graded due to some flaw? (Usually the OP does not own the coin) How often does the forum host a thread where "others" think the coin should not have graded? (Usually, the OP owns the coin) It's a market, it's a business and it's all based upon how much "hay" which has passed through the digestive system that we are willing swallow.[/QUOTE]
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PCGS vs. NGC - anyone send the exact same coin to both?
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