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PCGS vs. NGC for grading ultra modern coins (1965 and beyond)
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<p>[QUOTE="medoraman, post: 1269882, member: 26302"]Especially with Chinese coins and antiquities today, you have inexperienced buyers who simply trust the experts. If someone knows little, they will believe the slab and pay more for a 66 than a 65. </p><p><br /></p><p>The biggest ancient Chinese coin dealer in the US just threw in the towel. He stated because of insane prices he can no longer get authentic material from China, jacked up his old stock, and said it was the end of the road. Lots of money in China chasing assets to buy, and since they do not have well developed stock markets yet, that money is chasing Chinese coins and antiquities, gold, and anything other asset they can find.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1269882, member: 26302"]Especially with Chinese coins and antiquities today, you have inexperienced buyers who simply trust the experts. If someone knows little, they will believe the slab and pay more for a 66 than a 65. The biggest ancient Chinese coin dealer in the US just threw in the towel. He stated because of insane prices he can no longer get authentic material from China, jacked up his old stock, and said it was the end of the road. Lots of money in China chasing assets to buy, and since they do not have well developed stock markets yet, that money is chasing Chinese coins and antiquities, gold, and anything other asset they can find.[/QUOTE]
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PCGS vs. NGC for grading ultra modern coins (1965 and beyond)
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