Discussion in 'Paper Money' started by vdbpenny1995, Jan 31, 2012.
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Consider that when talking to HA that their company may have a contract to use one TPG rather than the other for a better negotiated service rate, which informs their choice of TPG.
Other than that, this topic comes up with some frequency regarding paper grading, just as it does with coin collectors. You can dig back in older CT threads to see the discussion. It can be a discussion of apples and oranges, as both companies have slightly different sets of grading standards, holders and policies. People will have their preferences for various reasons so don't be surprised if the poll tells you nothing and written input ends up merely highlighting an individual's experience with one TPG more than the other. Some people would swear that one holder brings more money in resale than does the other, but that's too general of reasoning. I think it's important to consider what is it about the note in the holder? Is it rare and pricey with very few financially capable buyers, is it a common note with very little market demand, a common note with a lot of demand for the Series, a pricey note but not a rare Series, and what of the notes condition...? Mainly there are not really two notes alike that meets every collector's interests and demands, even though grading populations may report more than one of the same grade.
I'd suggest being wary of responses to this thread question as it can quickly become a divided discussion over personal preferences. It sounds like you have your mind made up, you have solid reasons and you have done the right thing when dealing with the auction company, by specially requesting what you wanted done with your notes, so long as that is what you wanted.
One reason why I might submit notes of my own to PMG rather than PCGS first, is that I am an ANA member. Therefore, I don't have to pay membership fees to PMG to submit notes. They also allow me to use their registry system online. However, I believe that I own more notes in PCGS holders than I have in PMG holders. I don't personally pursue one TPGs graded notes over the other, it's more important that I agree with the grade the note was given, that should properly match descriptions on their grading scale. And if they don't match, and I want the note, I must bid accordingly.
I thought that I had more PCGS graded notes, but I never really counted until your message made me curious. This is my ratio of graded notes:
$28/year membership fee to the ANA and you get a ton of benefits, and ability as an associate member to submit to PMG, NCS and NGC, the later two if you also happen to have any coins to submit. The ANA publication The Numismatist often has articles on paper money as well, archives of the pub are online back to 2009 for members to access.
Not a big preference either.
They are both good by me.
I understand where you are coming from. I felt that when broken down the ANA membership fee of $28/year was an incredibly nominal amount for gaining submission rights to multiple TPGs, and that eliminates placing trust in and waiting for a dealers submission to go in and return, as well as any mix ups that could happen with your notes while in a third parties possession. I did consider reasons beyond why $28 seemed so nominal, to me, because ANA does offer a lot more than just their magazine, when you run down the list of discounts for other businesses like collection insurance, car rental, discount entrance to ANA numismatic conventions, etc. Considering the prices we pay for some of the notes we collect, $28 is peanuts! $2.33/month. Sellers on eBay charge more than that for just shipping a note to you sometimes.
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