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PCGS vs. NGC for grading ultra modern coins (1965 and beyond)
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<p>[QUOTE="fusiafinch, post: 1283131, member: 18382"]I like both NGC and PCGS. I think they do a comparable job.</p><p><br /></p><p>For coins 1968 and later, I prefer PCGS. But for earlier coins, it depends on the series and what they're grading.</p><p><br /></p><p>PCGS gets higher prices, but this is not always warranted. A big difference is Full Bell Lines for Franklin halves. NGC has a higher standard than PCGS in that specialty. I bought a 1952 Franklin graded MS64FBL by PCGS on Teletrade and when I got the coin and could inspect it more closely, I was surprised to see that only the lower bell lines were full. The upper bell lines were not full. I researched that, and it seems like NGC requires both upper and lower lines to be complete whereas PCGS only requires the lower lines.</p><p><br /></p><p>So you can't just say PCGS has higher standards across the board... you need to look specifically at each series.</p><p><br /></p><p>But that does offer an opportunity for collectors. If PCGS is getting higher prices for the same coins, it could pay to buy an NGC coin and send it to PCGS for slabbing at the same grade and make some money on arbitrage.</p><p><br /></p><p>But I'll collect both PCGS and NGC (except for Franklin FBL, which I only go with NGC now). I buy the coin, not the holder.[/QUOTE]</p><p><br /></p>
[QUOTE="fusiafinch, post: 1283131, member: 18382"]I like both NGC and PCGS. I think they do a comparable job. For coins 1968 and later, I prefer PCGS. But for earlier coins, it depends on the series and what they're grading. PCGS gets higher prices, but this is not always warranted. A big difference is Full Bell Lines for Franklin halves. NGC has a higher standard than PCGS in that specialty. I bought a 1952 Franklin graded MS64FBL by PCGS on Teletrade and when I got the coin and could inspect it more closely, I was surprised to see that only the lower bell lines were full. The upper bell lines were not full. I researched that, and it seems like NGC requires both upper and lower lines to be complete whereas PCGS only requires the lower lines. So you can't just say PCGS has higher standards across the board... you need to look specifically at each series. But that does offer an opportunity for collectors. If PCGS is getting higher prices for the same coins, it could pay to buy an NGC coin and send it to PCGS for slabbing at the same grade and make some money on arbitrage. But I'll collect both PCGS and NGC (except for Franklin FBL, which I only go with NGC now). I buy the coin, not the holder.[/QUOTE]
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PCGS vs. NGC for grading ultra modern coins (1965 and beyond)
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