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Why do we pay more money for PCGS Slabbed over ANACS and NGC?
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<p>[QUOTE="raider34, post: 1317451, member: 16402"]It depends on the series, and overall it's usually a pretty small numerical difference like 1 point (but, that can make a big difference in higher grades). One series that comes to mind is Jefferson nickels, I believe it's usually recognized that PCGS grades a little tougher than NGC (by about a point), but NGC is tougher with the FS designation. Imo, with Morgans, the standards are virtually identical. For modern coins, this is where a big misconception comes into play. There was a time when PCGS was very strict when it came to giving MS/PF 70 grades to modern coins. But, that has changed recently, and they are much more lenient. Just look at the % of 69 v. 70 grades from the 25th ASE sets, I believe both NGC and PCGS had actually given out more 70's than 69's. </p><p> </p><p><br /></p><p>Most likely a combination of the two. One thing PCGS has done is only allow PCGS coins in the PCGS registry. So, if you want to start a PCGS registry, basically, you can only use PCGS coins. NGC on the other hand allows PCGS coins in their registry.</p><p> </p><p><br /></p><p>They don't always bring high premiums, and in many cases the difference in price can be fairly small. There are also people who simply prefer NGC or ANACS solely on personal reasons. There is one niche market I know of with ANACS, and that has to do with VAMs. There are a lot of VAM collectors that prefer ANACS because they feel ANACS is the most accurate when it comes to identifying VAMs. Also, ANACS recognizes more VAMS than PCGS or NGC. </p><p><br /></p><p>So, if someone want's to only buy PCGS, NGC, or ANACS coins, that perfectly fine, and may even make sense, depending on the coins they focus on. But what I don't understand is how some people just have a blind allegiance to one company. (Not directing that at anyone in this thread, just in general). </p><p><br /></p><p>Another thing just to point out, from a financial stand point. Hypothetically, if you only buy PCGS coins because they bring a premium over NGC, sure you may get more money when you sell, but you also had to pay that premium to begin with, so where's the benefit? I'll pay a premium for a coin if I like it, but I sure as **** won't pay a premium because a certain company graded it.[/QUOTE]</p><p><br /></p>
[QUOTE="raider34, post: 1317451, member: 16402"]It depends on the series, and overall it's usually a pretty small numerical difference like 1 point (but, that can make a big difference in higher grades). One series that comes to mind is Jefferson nickels, I believe it's usually recognized that PCGS grades a little tougher than NGC (by about a point), but NGC is tougher with the FS designation. Imo, with Morgans, the standards are virtually identical. For modern coins, this is where a big misconception comes into play. There was a time when PCGS was very strict when it came to giving MS/PF 70 grades to modern coins. But, that has changed recently, and they are much more lenient. Just look at the % of 69 v. 70 grades from the 25th ASE sets, I believe both NGC and PCGS had actually given out more 70's than 69's. Most likely a combination of the two. One thing PCGS has done is only allow PCGS coins in the PCGS registry. So, if you want to start a PCGS registry, basically, you can only use PCGS coins. NGC on the other hand allows PCGS coins in their registry. They don't always bring high premiums, and in many cases the difference in price can be fairly small. There are also people who simply prefer NGC or ANACS solely on personal reasons. There is one niche market I know of with ANACS, and that has to do with VAMs. There are a lot of VAM collectors that prefer ANACS because they feel ANACS is the most accurate when it comes to identifying VAMs. Also, ANACS recognizes more VAMS than PCGS or NGC. So, if someone want's to only buy PCGS, NGC, or ANACS coins, that perfectly fine, and may even make sense, depending on the coins they focus on. But what I don't understand is how some people just have a blind allegiance to one company. (Not directing that at anyone in this thread, just in general). Another thing just to point out, from a financial stand point. Hypothetically, if you only buy PCGS coins because they bring a premium over NGC, sure you may get more money when you sell, but you also had to pay that premium to begin with, so where's the benefit? I'll pay a premium for a coin if I like it, but I sure as **** won't pay a premium because a certain company graded it.[/QUOTE]
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Why do we pay more money for PCGS Slabbed over ANACS and NGC?
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