When You Buy Graded Currency Does Your Decision Hinge On The TPG Its Issued Under ?

Discussion in 'Paper Money' started by mpcusa, Jul 8, 2020.

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Does purchase of a graded note hinge on the TPG that graded it ?

  1. Yes of course

    3 vote(s)
    11.5%
  2. sometime depending on the service

    9 vote(s)
    34.6%
  3. Not at all will consider all TPG,s

    11 vote(s)
    42.3%
  4. Like a specific one and stay with it

    3 vote(s)
    11.5%
  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    This is a really good question as there are few more out there and some that are no
    longer with us in which they have graded a substantial amount, so where does your trust
    start and end ?
     
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  3. SteveInTampa

    SteveInTampa Always Learning

    Buy the note, not the holder.
     
  4. hotwheelsearl

    hotwheelsearl Well-Known Member

    If bidding sight unseen, aka from eBay or an online seller where you can’t physically hold it, then PMG and PCGS are solid choices that usually don’t lie on grades.

    If the note happens to be in a bottom feeder holder, then unless the price is so low that you can get it grade by a reputable company, get the grade you want, and then sell it for more than you bought it for less fees

    Then again I’m just a guy who doesn’t care about resale value of his collection itemsz
     
  5. Penna_Boy

    Penna_Boy Just a nobody from the past

    PMG since the git go but I'll trust PCGS now that it's under CU. There's some notes you can buy raw because it's against the law to sell counterfeit US currency. Now I do not believe the law applies to Obsolete or Confederate currency. So, I buy on the safe side. PMG graded. Just my opinion; nothing more.
     
  6. medoraman

    medoraman Well-Known Member

    I tend to buy colonials in PMG or PCGS, (mostly PMG). I buy the note, so do not care what the grade is from the TPG, but since the types of notes I buy tend to be pricey, and I do not trust my counterfeit detection skills on notes as well as coins, I buy them certified to make sure genuine.
     
    mpcusa likes this.
  7. John Johnson

    John Johnson Well-Known Member

    If I'm working on a graded set, I like them all to be in the same holder. Otherwise, I tend to stick to PCGS and NGC.
     
  8. Mr.Q

    Mr.Q Well-Known Member

    PCGS, NGC, and other top rated TPG's
     
  9. Mountain Man

    Mountain Man Well-Known Member

    I like PMG and PCGS holders, and even Legacy now, but for me, it's the note and not the holder.
     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I use to buy only PCGS, ( and only PCGS )
    here’s one of the reasons why. 3C71CCA5-058F-43A7-907C-391B94949029.jpeg
     
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    As you can see by the above examples "Trust" is a huge part of grading
    after many years as a collector, I have only experienced a handful of
    point differentials and only 1 point either way but a 63 to a 66 ? , this
    note has no business being in a 63 holder ! when I got regraded by PMG
    I new that I was right :)
     
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I choose the consider all TPG's. Why? I buy the bill!
     
    SteveInTampa likes this.
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Since the cost of the bill in the holder, is going to be higher or lower depending
    on the grade buying the note raw might be a consideration for you ?
     
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