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<p>[QUOTE="GDJMSP, post: 1363685, member: 112"]That depends on what you want and what you intend to do with the coin. Do you want the highest grade you can get, or the most accurate and conservative grade you can get ? People submit coins to both NGC and PCGS for both reasons. With some coins NGC has tougher standards, with some coins PCGS has tougher standards. </p><p><br /></p><p>So say a guy has a coin he wants to sell. He knows that with that series that PCGS is tougher than NGC. And he knows that the higher the grade is the more likely it is for him to get a better price. That's because he also knows that there are more plastic buyers out there than there are coin buyers. So he sends the coin to NGC where he will likely get the highest grade. You can of course reverse this story and have the coin sent to PCGS because on a given series of coins NGC is tougher than PCGS. So PCGS will assign the highest grade in that case.</p><p><br /></p><p>Then you have the other side of the story. You have a discriminating collector with a coin to submit. He wants only coins that are graded as accurately and conservatively as possible for his collection. He has no intention of selling this coin for many years. And he knows that with this coin NGC has the tougher standards, so he sends his coin to NGC. And you can of course reverse things where with a given coin PCGS has the tougher standards and the coin is sent to PCGS.</p><p><br /></p><p>Now, what most people don't realize is just how many other people there are who know the same things that I described above. Knowledgeable dealers know this. Knowledgeable collectors know this. Which is why both groups will completely ignore the grade on the slab and only pay attention to the coin.</p><p><br /></p><p>Unfortunately there are a whole lot more people out there who don't know this. And they pay an undue amount of attention to the grade on the slab and the name of the TPG for any of various reasons.</p><p><br /></p><p>Such is life.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1363685, member: 112"]That depends on what you want and what you intend to do with the coin. Do you want the highest grade you can get, or the most accurate and conservative grade you can get ? People submit coins to both NGC and PCGS for both reasons. With some coins NGC has tougher standards, with some coins PCGS has tougher standards. So say a guy has a coin he wants to sell. He knows that with that series that PCGS is tougher than NGC. And he knows that the higher the grade is the more likely it is for him to get a better price. That's because he also knows that there are more plastic buyers out there than there are coin buyers. So he sends the coin to NGC where he will likely get the highest grade. You can of course reverse this story and have the coin sent to PCGS because on a given series of coins NGC is tougher than PCGS. So PCGS will assign the highest grade in that case. Then you have the other side of the story. You have a discriminating collector with a coin to submit. He wants only coins that are graded as accurately and conservatively as possible for his collection. He has no intention of selling this coin for many years. And he knows that with this coin NGC has the tougher standards, so he sends his coin to NGC. And you can of course reverse things where with a given coin PCGS has the tougher standards and the coin is sent to PCGS. Now, what most people don't realize is just how many other people there are who know the same things that I described above. Knowledgeable dealers know this. Knowledgeable collectors know this. Which is why both groups will completely ignore the grade on the slab and only pay attention to the coin. Unfortunately there are a whole lot more people out there who don't know this. And they pay an undue amount of attention to the grade on the slab and the name of the TPG for any of various reasons. Such is life.[/QUOTE]
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