Two coins by NGC both graded the same--big difference

Discussion in 'Coin Chat' started by 1953, Apr 22, 2019.

  1. 1953

    1953 Active Member

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  3. LakeEffect

    LakeEffect Average Circulated

    G-4 for both seems reasonable to me. Other than color, which may be due to lighting, what are you seeing?
  4. Stork

    Stork I deliver Supporter

    I don't collect US coins, and I don't study the US coin grading guides, I do see a tiny bit of less detail on the obverse of the ebay one. A lot of the difference appears to be lighting issues.
  5. 1953

    1953 Active Member

    The balance scales on the grading logo are about the same so the lighting cannot be a huge issue. I see stars on obverse back of the head a little less distinct on ebay one. And the general appearance less on ebay one.
  6. Stork

    Stork I deliver Supporter

    Those are different label generations, but they both should have the visible yellow emblem on the left. It's washed out completely on the etsy one--I don't see the yellow at all.
  7. Stork

    Stork I deliver Supporter

    label 1.jpg label 2.jpg

    label 4.jpg

    Here is a random label I had on my desktop. The first is the under exposed quickie shot before doing some coin photos. The second is one I tweaked exposure on. The third I tweaked exposure even higher and decreased the saturation.

    I overdid the desaturation on the last one, but you can see how the yellow design element faded out.

    Attached Files:

  8. Stork

    Stork I deliver Supporter

    And for fun I cropped a screenshot from ebay, cranked the brightness/decreased saturation a tad using PicMonkey. The etsy coin is much smaller so I didn't bother.

    But the prongs on the ebay coin now have that 'brightyness' factor the etsy coin has on its prongs vs. the ebay one.

    That said, the etsy one still has a bit more detail in the laurels, but I don't think the grades are too different. Plus grading at NGC seems to be less about eye appeal and more about the technicalities, so may coins across the eye appeal and toning spectrum can carry the same grade. At least, that's how it seems to work on the world coin side.

    barber crop.jpg barber 2.jpg
  9. Michael K

    Michael K Well-Known Member

    The Etsy coin appears to be a tad undergraded. Compared to the EBay.
    Paul M., tibor and 1953 like this.
  10. halfcent1793

    halfcent1793 Well-Known Member

    I'd call the eBay coin AG and the Etsy coin accurately graded.
    Mainebill, tibor, buckeye73 and 3 others like this.
  11. buckeye73

    buckeye73 Active Member example of “buy the coin, not the slab”. I would not pay G4 money for the eBay coin.
  12. Bob Evancho

    Bob Evancho Active Member

    I have seen worse disparity in grading from the same TPG's so I always say buy the coin and not the holder. Learn to grade is an important statement. I have and seen better stricter graded SEGS coins and ICG coins and even some PCI coins than the Big three TPG's. And yes I have seen worse from everyone. Again buy the coin, not the holder. I would spend the $96 instead of the $85. The One coin has an L part of an I and part of a T and Y. The other has what looks like and L and part of a Y. Grading is subjective and nobody is perfect.
  13. thomas mozzillo

    thomas mozzillo Well-Known Member

    IMO the coin on ebay is correctly graded at G-04 and the one on ETSY looks like a G-06.
    Bob Evancho likes this.
  14. UncleScroge

    UncleScroge Member

    The Etsy one looks better to me, even though the description is wrong!
  15. kanga

    kanga 60 Year Collector

    I call them essentially equal.
  16. Santinidollar

    Santinidollar Supporter! Supporter

    Six of one, half dozen of another.
  17. Michael K

    Michael K Well-Known Member

    While the EBay coin could be AG-03, I think G-04 is correct.
    And I agree with the G 06 on the (I hate Etsy) coin.
  18. STU

    STU Active Member

    they would grade that to me and surely not better than the grade they got
  19. Mainebill

    Mainebill Wild Bill

    I think the Etsy coin correctly graded and the eBay coin is ag. The lack of rims especially the reverse call it ag for me
  20. halfcent1793

    halfcent1793 Well-Known Member

    A few years ago, I did a study of the grading of large cents and half cents by NGC and PCGS as compared to the grades by EAC standards as given to the same coins in Heritage and Goldberg auction catalogs. There wasn't much difference between the two TPGs. Both were very close at low grades (up to Good) and very high grades (above 63). The grading by both of them was all over the place for coins with EAC grades of VG-EF. In a number of cases there was a 25 point variance. In other words, a coin graded EF by either of the TPGs may be an EF or it may be a nice Fine.

    To me, the project proved that neither of the TPGs is capable of grading early copper accurately or consistently. I speculate that the reason for this is that their graders don't understand coins struck on a screw press. Another likely explanation is the rarity of the early copper coins. They don't see enough of the coins to get good at grading them.

    It wouldn't surprise me if the same was true of their grading of early silver and gold.

    So, buy the coin not the slab, unless you're putting together a registry set, in which case the opposite is true.
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