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<p>[QUOTE="RedTiger, post: 634572, member: 19098"]I don't believe I ever wrote that high value coins ($2k and up) are only sent to PCGS, or only should be sent to PCGS or should only be bought in PCGS holders. However, if you interpreted it that way, a good many others may have gotten the same impression, so I appreciate the clarification.</p><p><br /></p><p>There are times when it makes a lot of sense to submit to NGC. A liner coin (a coin in between two grades) might go 65 at PCGS and 66 at NGC. For a lot of series the coin will sell for more at auction in the NGC 66 holder vs. the PCGS 65. For an entire collection a few bumps up in grade can make up for any price differential due to holders. NGC also grades tokens, so-called dollars, and GSA dollars in the government holder. NGC also has ten times the market share of other companies in world coins.</p><p><br /></p><p>As for other companies, there are coins where the grade isn't that big a price factor, but authentication is. That's where the old ANACS used to really shine because they charged less. A lot of key date Lincolns and better date Indians were sent to the old ANACS, including a good many very nice coins. The new ANACS charges almost as much as the big two for many coins, so there isn't as much a reason to submit to them.</p><p><br /></p><p>There was one guy I knew, who loved to shop for freshly graded high value NGC coins. He had such a sharp eye, that he found coins that would mostly cross at the same grade to PCGS. The NGC coins typically sold for less than the same coin would in the other holder, so that was the profit. The other side of that story, is that after that guy swept through a dealer's case, most of the rest of the coins had a much, much lower chance of crossing at the same grade. Multiply that effect by a hundred such guys, playing the same game, and those are the coins that are typically in dealer cases when the average collector shows up to buy.[/QUOTE]</p><p><br /></p>
[QUOTE="RedTiger, post: 634572, member: 19098"]I don't believe I ever wrote that high value coins ($2k and up) are only sent to PCGS, or only should be sent to PCGS or should only be bought in PCGS holders. However, if you interpreted it that way, a good many others may have gotten the same impression, so I appreciate the clarification. There are times when it makes a lot of sense to submit to NGC. A liner coin (a coin in between two grades) might go 65 at PCGS and 66 at NGC. For a lot of series the coin will sell for more at auction in the NGC 66 holder vs. the PCGS 65. For an entire collection a few bumps up in grade can make up for any price differential due to holders. NGC also grades tokens, so-called dollars, and GSA dollars in the government holder. NGC also has ten times the market share of other companies in world coins. As for other companies, there are coins where the grade isn't that big a price factor, but authentication is. That's where the old ANACS used to really shine because they charged less. A lot of key date Lincolns and better date Indians were sent to the old ANACS, including a good many very nice coins. The new ANACS charges almost as much as the big two for many coins, so there isn't as much a reason to submit to them. There was one guy I knew, who loved to shop for freshly graded high value NGC coins. He had such a sharp eye, that he found coins that would mostly cross at the same grade to PCGS. The NGC coins typically sold for less than the same coin would in the other holder, so that was the profit. The other side of that story, is that after that guy swept through a dealer's case, most of the rest of the coins had a much, much lower chance of crossing at the same grade. Multiply that effect by a hundred such guys, playing the same game, and those are the coins that are typically in dealer cases when the average collector shows up to buy.[/QUOTE]
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