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<p>[QUOTE=&quot;rld14, post: 1111078, member: 16133&quot;]To further clarify... I wholeheartedly agree that a large percentage of this is pure unadulterated bull... poop.</p><p><br /></p><p>I have seen truly nice coins even in ACG slabs (85-CC Morgan MS64 that was a, IMO, lock 65... and someone who I trust implicitly and who used to work as a grader agreed).</p><p><br /></p><p>I think that a few separate factors have hurt NGC in the eyes of some collectors.</p><p><br /></p><p>First is the set registry.&nbsp; A PCGS coin can reside in EITHER registry, yet an NGC coin cannot.</p><p><br /></p><p>Second is the PCGS Secure program and the Coin Sniffer plus the doctoring lawsuit.&nbsp; This has brought PCGS a lot of press, and whether or not you like it, one has to agree that a lot of collectors feel that they now have less chance of buying a doctored coin in a PCGS holder.&nbsp; I remember last year when I was at FUN I saw these coin scanners, and thought &quot;Ya know, PCGS or NGC oughta use these&quot;.&nbsp; Then I saw the announcement!</p><p><br /></p><p>Third is the color issue, agree with it or don&#039;t (Lehigh I&#039;d love your thoughts on this) but there&#039;s a lot of chatter and thought that I hear on the bourse floor, at club meetings, that if a coin has exceptional toning and is in a PCGS slab then you KNOW it&#039;s the real deal.&nbsp; Of course I KNOW of ATd coins that PCGS has holdered and I KNOW of NT coins that they refused to holder but again, it&#039;s perception.</p><p><br /></p><p>Fourth is NCS, a lot of people feel that this is a doctoring issue and that NGC does doctor coins because of NCS.&nbsp; The 93-S Morgan that they destroyed comes to mind.</p><p><br /></p><p>Fifth is the fact that they are part owned by Heritage, there was a thread on the CU boards about this not long ago.&nbsp; I don&#039;t know how well this sits with me either.&nbsp; OTOH, CU is publicly traded and Heritage could just as easily buy CU stock.</p><p><br /></p><p>But I still think that a lot of it is indeed perception, but perception is all it takes.&nbsp; Just like my cars... I have a Jaguar and a Lexus, the Lexus is an unreliable nightmare with atrocious service from 2 dealers and Lexus themselves.&nbsp; I would NEVER have another Lexus if you gave it to me.&nbsp; Meanwhile, the Jaguar has been nearly faultless, one of the best cars I have ever owned.</p><p><br /></p><p>But Lexus has a reputation of outstanding reliability and Jaguars have a reputation for falling apart.[/QUOTE]</p><p><br /></p>

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