Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
PNG endorsing NGC and not PCGS
>
Reply to Thread
Message:
<p>[QUOTE="National dealer, post: 9478, member: 487"]I can't speak for all dealers, but here is how it works in private. A coin will be submitted to whichever service the best grade can be obtained. After submitting thousands of coins, you have a good idea of what you will get when you send it in. If the coin will go the same in either holder, it comes down to price. PCGS has a much better retail price on most coins. Rarities do not apply. </p><p>Publicly, authorized dealers must adhear to certain conditions. There is plenty of politics in this business. Both the ANA and PNG will apply these rules when and to whom they feel. They are not for one and all. I will ask you this, do you believe that when Mr. Hall submits a coin that the same grading standards apply? </p><p>Most dealers agree that NGC has a better grading system in place. The coins are more consistently graded at todays standards. This has changed and will again. </p><p>The market place dictates to us whom we use. The customers who compete in registry sets are forced into one group or the other. NGC took a big step in allowing both services. </p><p><br /></p><p>So how does the PNG or ANA endorsement effect you? Did any collector shy away from NGC slabbed coins last year, just because PNG was recommending another service? </p><p><br /></p><p>NGC has slabbed 10 million coins. Do they really need an endorsement?</p><p><br /></p><p>If ACG bought the endorsement, would it make them the best company? Would you rush to buy their coins because of that endorsement?</p><p><br /></p><p>One last question. If someone can buy your opinion, what is it really worth?</p><p><br /></p><p>Honesty doesn't need to be bought.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 9478, member: 487"]I can't speak for all dealers, but here is how it works in private. A coin will be submitted to whichever service the best grade can be obtained. After submitting thousands of coins, you have a good idea of what you will get when you send it in. If the coin will go the same in either holder, it comes down to price. PCGS has a much better retail price on most coins. Rarities do not apply. Publicly, authorized dealers must adhear to certain conditions. There is plenty of politics in this business. Both the ANA and PNG will apply these rules when and to whom they feel. They are not for one and all. I will ask you this, do you believe that when Mr. Hall submits a coin that the same grading standards apply? Most dealers agree that NGC has a better grading system in place. The coins are more consistently graded at todays standards. This has changed and will again. The market place dictates to us whom we use. The customers who compete in registry sets are forced into one group or the other. NGC took a big step in allowing both services. So how does the PNG or ANA endorsement effect you? Did any collector shy away from NGC slabbed coins last year, just because PNG was recommending another service? NGC has slabbed 10 million coins. Do they really need an endorsement? If ACG bought the endorsement, would it make them the best company? Would you rush to buy their coins because of that endorsement? One last question. If someone can buy your opinion, what is it really worth? Honesty doesn't need to be bought.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
PNG endorsing NGC and not PCGS
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...