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PCGS vs NGC: enlighten me please!
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<p>[QUOTE="WingedLiberty, post: 1192721, member: 26030"]I have noticed that the online prices for NGC graded and PCGS graded coins (same date/mint) can be wildly different (PCGS typically much higher).</p><p><br /></p><p>I have always heard that PCGS and NGC are the top 2 (premier) coin grading companies in the world -- and NGC seems very respected by everyone.</p><p><br /></p><p>Why would a similarly graded coin in an NGC slab be worth so much less than the same date/mint/condition coin in a PCGS slab? Is NGC really that much more lax in their grading standards, that their coins will generally grade 1 step lower by PCGS? Or is there simply more demand for coins in PCGS slabs because of their online registry feature? Or perhaps people like the clear slabs more than the white slabs? But a $20,000 difference in price? I don't get it. (Unless these price guides are really flawed)</p><p><br /></p><p>If NGC is so bad why do so many people use their services? And do some avoid NGC graded coins due to this lax grading standard (if they are lax)? </p><p><br /></p><p>For example if you look at the following coin and condition</p><p><b><br /></b></p><p><b>1909 VDB </b><b>Matte Proof Lincoln </b></p><p><b>MS65RB condition</b></p><p><br /></p><p>A PCGS slabbed coin is listed on the PCGS price guide website at $47,500</p><p>A NGC slabbed coin is listed on the NGC price guide website at $28,130</p><p><br /></p><p>That's nearly a $20,000 difference (almost double).[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1192721, member: 26030"]I have noticed that the online prices for NGC graded and PCGS graded coins (same date/mint) can be wildly different (PCGS typically much higher). I have always heard that PCGS and NGC are the top 2 (premier) coin grading companies in the world -- and NGC seems very respected by everyone. Why would a similarly graded coin in an NGC slab be worth so much less than the same date/mint/condition coin in a PCGS slab? Is NGC really that much more lax in their grading standards, that their coins will generally grade 1 step lower by PCGS? Or is there simply more demand for coins in PCGS slabs because of their online registry feature? Or perhaps people like the clear slabs more than the white slabs? But a $20,000 difference in price? I don't get it. (Unless these price guides are really flawed) If NGC is so bad why do so many people use their services? And do some avoid NGC graded coins due to this lax grading standard (if they are lax)? For example if you look at the following coin and condition [B] 1909 VDB [/B][B]Matte Proof Lincoln [/B] [B]MS65RB condition[/B] A PCGS slabbed coin is listed on the PCGS price guide website at $47,500 A NGC slabbed coin is listed on the NGC price guide website at $28,130 That's nearly a $20,000 difference (almost double).[/QUOTE]
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PCGS vs NGC: enlighten me please!
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