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POLL: PCGS vs. NGC vs. ANACS vs. ICG
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<p>[QUOTE="GDJMSP, post: 891510, member: 112"]For years there were many people who claimed that PCGS purposely refused to assign the 70 grade in order to create the market's belief that they had tougher standards than the other TPGs. I was one of those people. </p><p><br /></p><p>And for years, we were all told we were crazy. That PCGS would never do such a thing. That we had no proof, that we only said that because we didn't like PCGS.</p><p><br /></p><p>Then PCGS came out and admitted it. Of course they didn't use that reason. Their reason was that they were afraid the coins would turn in the slab and they would get stuck honoring their guarantee.</p><p><br /></p><p>Of course all of those people who told us we were crazy all those years are for the most part unaware of what eventually happened. And by then it was too late anyway. After 20 years of decption the market had already decided that coins in PCGS slabs were worth more. And getting people to change their closely held perceptions and beliefs is all but impossible. </p><p><br /></p><p>There are also several other reasons involved in the mistaken value perception. But coins in PCGS slabs continue to sell for more than coins in other TPG slabs. But to a much smaller degree because more and more people are becoming educated and learning the truth as time goes on.</p><p><br /></p><p>All of that said, as a general rule PCGS is a bit tougher on Lincoln cents than NGC. But the level of their consistency is worse than NGC's. So it's kind of a toss up as to which TPG would be preferable.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 891510, member: 112"]For years there were many people who claimed that PCGS purposely refused to assign the 70 grade in order to create the market's belief that they had tougher standards than the other TPGs. I was one of those people. And for years, we were all told we were crazy. That PCGS would never do such a thing. That we had no proof, that we only said that because we didn't like PCGS. Then PCGS came out and admitted it. Of course they didn't use that reason. Their reason was that they were afraid the coins would turn in the slab and they would get stuck honoring their guarantee. Of course all of those people who told us we were crazy all those years are for the most part unaware of what eventually happened. And by then it was too late anyway. After 20 years of decption the market had already decided that coins in PCGS slabs were worth more. And getting people to change their closely held perceptions and beliefs is all but impossible. There are also several other reasons involved in the mistaken value perception. But coins in PCGS slabs continue to sell for more than coins in other TPG slabs. But to a much smaller degree because more and more people are becoming educated and learning the truth as time goes on. All of that said, as a general rule PCGS is a bit tougher on Lincoln cents than NGC. But the level of their consistency is worse than NGC's. So it's kind of a toss up as to which TPG would be preferable.[/QUOTE]
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