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Tell me again why people like NGC
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<p>[QUOTE="beef1020, post: 1223880, member: 24544"]It is NGC's fault if they do not attribute the coin correctly. The fact that they will not correct their mistake is ironic for a company with the word 'guarantee' in their name. </p><p><br /></p><p> </p><p><br /></p><p>This is exactly my point, what good is a grading company when you can not have any confidence in their grades. I agree that even with coins of the same grade some will be better quality the others, and you should still 'buy the coin'. But this much difference leads to a complete lack of confidence.</p><p><br /></p><p> </p><p><br /></p><p><br /></p><p>PCGS does guarantee their attributions.</p><p><br /></p><p> </p><p><br /></p><p>We can quibble over what is a 15 or a 30, but the difference in the two coins I posted was the issue. Regardless of the absolute score you give one or the other, those two coins do not have anywhere near the same level of wear. </p><p><br /></p><p>There are coins, like the 1851 N40, which have severely worn dies and produce coins in vf30 which may appear to be f15 in other varieties, I understand you have to grade with this in mind. But for the two coins I linked two this does not come into play.</p><p><br /></p><p> </p><p><br /></p><p>This may be true, but it does not change the fact that NGC is not good. They may be better then bad, but it's still not something I will pay a premium for.</p><p><br /></p><p> </p><p><br /></p><p>One we all do, and their is value in it. While I agree pictures are not the best way to determine wear, on the two coins I posted, it is beyond rational to deny the difference in wear. We are not talking about the difference between MS62 and AU55 from a picture here.</p><p><br /></p><p> </p><p><br /></p><p>I will accept this premise, which leads me to believe NGC is not consistent with their grading, and often have coins overgraded.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>I think we are in basic agreement here, as you state do not 'trust the TPG to get a grade/value/attribution right'. This is exactly my sentiment, and if I can't trust NGC to do this then they are not top tier. What is the point of paying someone to grade/attribute a coin if you can not trust them to do it correctly?</p><p><br /></p><p>As a copper collector I am sure you are familiar with CVM, from their website: <a href="http://www.earlycents.com/terms.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.earlycents.com/terms.htm" rel="nofollow">http://www.earlycents.com/terms.htm</a></p><p><br /></p><p>1. All coins are guaranteed genuine. I will replace or issue a refund for any coin found not to be genuine. This is a lifetime guarantee.</p><p>2. All attributions are guaranteed correct. Also a lifetime guarantee. I will issue a refund or if available provide a replacement for any coin found to be mis-attributed.</p><p><br /></p><p>How about Tom Reynolds at <a href="http://www.earlycoppers.com/Terms.htm:" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.earlycoppers.com/Terms.htm:" rel="nofollow">http://www.earlycoppers.com/Terms.htm:</a></p><p><br /></p><p>2. <b>All coins are guaranteed genuine. Attributions are guaranteed. No time limit.</b></p><p><b><br /></b></p><p><b><br /></b></p><p><b></b>These people are top tier, not NGC.[/QUOTE]</p><p><br /></p>
[QUOTE="beef1020, post: 1223880, member: 24544"]It is NGC's fault if they do not attribute the coin correctly. The fact that they will not correct their mistake is ironic for a company with the word 'guarantee' in their name. This is exactly my point, what good is a grading company when you can not have any confidence in their grades. I agree that even with coins of the same grade some will be better quality the others, and you should still 'buy the coin'. But this much difference leads to a complete lack of confidence. PCGS does guarantee their attributions. We can quibble over what is a 15 or a 30, but the difference in the two coins I posted was the issue. Regardless of the absolute score you give one or the other, those two coins do not have anywhere near the same level of wear. There are coins, like the 1851 N40, which have severely worn dies and produce coins in vf30 which may appear to be f15 in other varieties, I understand you have to grade with this in mind. But for the two coins I linked two this does not come into play. This may be true, but it does not change the fact that NGC is not good. They may be better then bad, but it's still not something I will pay a premium for. One we all do, and their is value in it. While I agree pictures are not the best way to determine wear, on the two coins I posted, it is beyond rational to deny the difference in wear. We are not talking about the difference between MS62 and AU55 from a picture here. I will accept this premise, which leads me to believe NGC is not consistent with their grading, and often have coins overgraded. I think we are in basic agreement here, as you state do not 'trust the TPG to get a grade/value/attribution right'. This is exactly my sentiment, and if I can't trust NGC to do this then they are not top tier. What is the point of paying someone to grade/attribute a coin if you can not trust them to do it correctly? As a copper collector I am sure you are familiar with CVM, from their website: [url]http://www.earlycents.com/terms.htm[/url] 1. All coins are guaranteed genuine. I will replace or issue a refund for any coin found not to be genuine. This is a lifetime guarantee. 2. All attributions are guaranteed correct. Also a lifetime guarantee. I will issue a refund or if available provide a replacement for any coin found to be mis-attributed. How about Tom Reynolds at [url]http://www.earlycoppers.com/Terms.htm:[/url] 2. [B]All coins are guaranteed genuine. Attributions are guaranteed. No time limit. [/B]These people are top tier, not NGC.[/QUOTE]
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Tell me again why people like NGC
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