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<p>[QUOTE="GDJMSP, post: 842828, member: 112"]yakpoo I wasn't suggesting that you were manipulatiing anything - merely that numbers like those you were showing are usually quite misleading. That's why I showed some numbers that indicated that the name on the plastic has little to do with the price.</p><p><br /></p><p>We've had the discussion on here a hundred times about why there is a price variation between NGC & PCGS in coins of the same grade. And every time we do the very same answers come up.</p><p><br /></p><p>You'll hear it's because PCGS has tougher grading standards, or that NGC has easier grading standards - however you want to word it. But the fact of matter is, on some coins NGC is tougher and on others PCGS is tougher. And on some - they are equal. Then on the special designations, NGC is tougher in every case. So that isn't the reason.</p><p><br /></p><p>Then you'll hear about the marketing and hype aspect. This is true, PCGS long had a better marketing campaign. Their fans, and the company itself, hyped PCGS up to the end of the earth ! So that is part of the reason.</p><p><br /></p><p>Then you'll hear about the registry programs and PCGS not accepting NGC slabbed coins for entry - and this is true. So that is part of the reason.</p><p><br /></p><p>What you will very, very seldom hear is that until 2002 NGC would not even grade any coins dated after 1964. So for almost 20 years, the first 20 years that the TPGs even existed and thus arguably the most important ones, many collectors and dealers would not even deal with NGC because they could not get all of their coins graded by them. This cost NGC huge amounts of business and greatly impacted their reputation in the marketplace. </p><p><br /></p><p>Then you will seldom hear about how for 10-15 years PCGS was the offical grading company of the ANA. That also boosted their reputation immensely. Until NGC outbid them for the contract that is, and it became known that to become the official ANA grading company all you had to do was pay the most money. But of course, by the time this happened PCGS already had the lead and the edge in the market. Because they were the first.</p><p><br /></p><p>Then you will hear that PCGS always graded more coins than NGC. And for years this was true. But it was because NGC would not grade moderns for the first 20 years they existed. So PCGS had a huge lead on them in the number of coins graded. This also boostd PCGS's reputation in the marketplace.</p><p><br /></p><p>But once NGC changed their policy, in less than 3 years they not only caught up to PCGS, but they surpassed them by far in the number of coins graded.</p><p><br /></p><p>So what you see here are the reasons that PCGS coins often sell for more than the same coins graded by NGC. It is a matter of perception. PCGS always got there first and that gave them the edge in people's minds. In the mind of the marketplace. And that was all that really mattered.</p><p><br /></p><p>Of course over the past 10 years that difference in price has dwindled away to almost nothing. NGC gains in price parity every year. But you don't hear much about that because the PCGS fans choose to ignore it and most NGC fans don't even know it. But those that pay attention to the truth instead of the hype know it, and always have known it.</p><p><br /></p><p>So anyway, those are the reasons why coins slabbed by PCGS sell for more than coins slabbed by NGC. The real reasons. It's not because PCGS is the better grading company or tougher - it's because of a lot of hot air and people's misplaced perceptions.</p><p><br /></p><p>Of course that's a hard thing to overcome once it's in place. But being overcome it is <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 842828, member: 112"]yakpoo I wasn't suggesting that you were manipulatiing anything - merely that numbers like those you were showing are usually quite misleading. That's why I showed some numbers that indicated that the name on the plastic has little to do with the price. We've had the discussion on here a hundred times about why there is a price variation between NGC & PCGS in coins of the same grade. And every time we do the very same answers come up. You'll hear it's because PCGS has tougher grading standards, or that NGC has easier grading standards - however you want to word it. But the fact of matter is, on some coins NGC is tougher and on others PCGS is tougher. And on some - they are equal. Then on the special designations, NGC is tougher in every case. So that isn't the reason. Then you'll hear about the marketing and hype aspect. This is true, PCGS long had a better marketing campaign. Their fans, and the company itself, hyped PCGS up to the end of the earth ! So that is part of the reason. Then you'll hear about the registry programs and PCGS not accepting NGC slabbed coins for entry - and this is true. So that is part of the reason. What you will very, very seldom hear is that until 2002 NGC would not even grade any coins dated after 1964. So for almost 20 years, the first 20 years that the TPGs even existed and thus arguably the most important ones, many collectors and dealers would not even deal with NGC because they could not get all of their coins graded by them. This cost NGC huge amounts of business and greatly impacted their reputation in the marketplace. Then you will seldom hear about how for 10-15 years PCGS was the offical grading company of the ANA. That also boosted their reputation immensely. Until NGC outbid them for the contract that is, and it became known that to become the official ANA grading company all you had to do was pay the most money. But of course, by the time this happened PCGS already had the lead and the edge in the market. Because they were the first. Then you will hear that PCGS always graded more coins than NGC. And for years this was true. But it was because NGC would not grade moderns for the first 20 years they existed. So PCGS had a huge lead on them in the number of coins graded. This also boostd PCGS's reputation in the marketplace. But once NGC changed their policy, in less than 3 years they not only caught up to PCGS, but they surpassed them by far in the number of coins graded. So what you see here are the reasons that PCGS coins often sell for more than the same coins graded by NGC. It is a matter of perception. PCGS always got there first and that gave them the edge in people's minds. In the mind of the marketplace. And that was all that really mattered. Of course over the past 10 years that difference in price has dwindled away to almost nothing. NGC gains in price parity every year. But you don't hear much about that because the PCGS fans choose to ignore it and most NGC fans don't even know it. But those that pay attention to the truth instead of the hype know it, and always have known it. So anyway, those are the reasons why coins slabbed by PCGS sell for more than coins slabbed by NGC. The real reasons. It's not because PCGS is the better grading company or tougher - it's because of a lot of hot air and people's misplaced perceptions. Of course that's a hard thing to overcome once it's in place. But being overcome it is ;)[/QUOTE]
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