I understand what you are saying...but I think what you are forgetting is they are different coins. The circumstances behind their production makes them different, therefore they need to be graded by a different standard. I agree it would be easier to hold them all to the same standard...but it would be less accurate. Think of it this way. Should they grade 1921 and 1928 Peace Dollars exactly the same way? The 1921 high relief design was drastically different from the design in 1922. In many ways, the date/MM characteristics with Morgan Dollars create the same issue.
I do like the NGC star definition I think pcgs should have something like that especially for great color I love toned coins and the majority are in pcgs slabs. I like cac approval for coins as well I like the fact that 2 seperate services approved it
True yet they don't take into accord the difficulties of manufacture on the early coins there are many that get graded I feel low primarily due to strike weakness especially on the reverse and it's even harder to find one that's problem free I'm referring to the flowing hair and draped bust period
It seems as if there is something you don't understand, that being that eye appeal is one of the criteria that establishes the grade. So if a coin has above average eye appeal, AND the rest of the grading criteria measure up also, then the coin is a slightly higher grade example. Or a plus grade in other words. The difference between NGC and PCGS is that NGC recognizes coins that have superior eye appeal, but the rest of the grading criteria do not measure up to make the coin worthy of the plus. And they do this with the star. The star does not indicate a coin with a slightly higher grade. The plus, for both NGC and PCGS, does indicate a coin with a slightly higher grade.
I apologize for asking the same question I did before, but in all of your personal experiences, which TPG is more strict and/or consistent in grading Washington quarters?
That's really a hard question to answer. Washingtons are considered by many if not most graders to be the single hardest coin there is to grade. And for that reason both NGC and PCGS can waffle in either direction when grading them. As a general rule many believe that NGC is more consistent than PCGS when it comes to grading. But when it comes to Washingtons, even that may not be true.
I would agree. As of recent, my buying has shifted significantly away from PCGS to NCG coins, due to the fact that I am finding much nicer coins in NGC holders for less money. My perception is the same as Doug's in this regard--NGC is more consistent if one had to choose overall. I earlier said that the two are equal (which statistically) they are. However, one has definite preferences, and I like Silver coins graded by NGC more. The star grade is a big difference, as it allows for recognition of superior eye appeal within a given grade by NGC.
I find NGC more consistent and also more in line with market acceptability for early silver than PCGS is. I've seen PCGS give environmental damage on coins that are clearly market acceptable. PCGS is also too liberal in handing out questionable color for toners compared to NGC. NGC's star modifier also makes them the best choice for toners. For world coins it's NGC hands down. For VAMs and countermarked coins ANACS is best.
Stronger in what regard? The guarantee? Strike designation? Grading? Consistency? Striking designations (FT/FB on Roosevelt Dimes, FS on Jefferson Nickels, FB on Mercury Dimes, FBL on Franklin Half Dollars) are stronger at NGC than PCGS. NGC will also award some designations that PCGS refuses to do so (PL on non modern/non-Morgan U.S. coinage), so I think it is better for those series in that regard. With regards to grading, I think PCGS is tougher on Jefferson Nickels, Roosevelt Dimes, Lincoln Cents, Washington Quarter, and pretty much all of the moderns. NGC was more lenient on cameo proof coins at one point but I think the services are about even now. For Capped Bust Half Dollars and pre-1933 gold, the standards are qualitatively different. PCGS is more punitive for wear/rub in the fields than NGC. It is not that one is stronger, just that I believe the way each assesses luster and wear on these is different. Top pop coins usually command larger sums in PCGS holders. This is not always the result of strength of standards, but the PCGS Registry IMHO. With regards to the guarantee, NGC does not guarantee attributions where PCGS does. I absolutely prefer PCGS on attributions and will not buy a NGC attributed coin (where most of the cost is in the variety) without seeing the piece in hand. Similarly, the PCGS copper color guarantee is non-existent, whereas NGC is good 10 years from encapsulation. So I like NGC more, notwithstanding the fact that they are sometimes more lenient on the Lincolns. World coins...NGC hands down.
Great thread I'm learning a lot from it. I see Ike's go for a lot more money in pcgs slabs. Early ngc ikes are for sure over graded but recent slab ngc ikes I believe are as strictly graded as they are in pcgs slabs. Peace dollar I think they are about equal, but I have seen a lot of 62 and 64 coins in pcgs 63 slabs so I would tend to agree that ngc is more consistent on peace dollars than pcgs I'd even venture to say that for Morgan's. One thing that I thought was interesting on the Chinese panda forum they view ngc hands down brutal on pandas and that they command a higher premium than pcgs coins which is reverse of us coins. I'd like to know people's thoughs on walkers? One thing that has me confused right now is the new PCI. I've seen some coins in there slabs that appear to be right on grade. If I were a seller I'd slab them pcgs but as a buyer there are some good deals with ngc slabs.
I'm becoming more and more a fan of ngc my last 2 orders one to each ngc strict but totally consistent. Pcgs all over the map some spot on others too low some in the last too high. When you can put 4 xf 40 seated coins side by side and see 4 totally different grades from vf 35 to au 50 it don't speak much for their consistency
Was just reading through this again and thought I'd see if anyone else might find it interesting. There are some series that haven't been discussed. Is there a "better" (take it as you may) TPG for buffalo nickels? Classic commemoratives? Indian head cents? Anything else?