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why NGC coins do not cross to PCGS (a theory)
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<p>[QUOTE="WingedLiberty, post: 1227167, member: 26030"]GDJMSP, if I accept your belief that PCGS and NGC are roughly the same (NGC tougher on some, PCGS tougher on others) ... why is there a premium on PCGS coins? That is, why does the same grade PCGS cost more than a similarly graded NGC coin. With this fact, isn't there an implication that the PCGS coin is better than the NGC coin? Or do you think the higher price is just ((insanity)) on the the part of the PCGS lovers, that ends up bidding the coin up.</p><p><br /></p><p>Also I wonder how much the PCGS registry set participants drive the prices? PCGS registry only accepts PCGS graded coins, so it seems like that might drive demand for PCGS graded coins. I wonder if that could be causing some of the price discrepancy? (I think that NGC registry accepts both PCGS and NGC graded coins)</p><p><br /></p><p>Finally, I would love to hear from some dealers on this subject. Do any of you submit to NGC as a first course of action on a raw coin? Or do you always submit to PCGS first. Then if PCGS rejects the coin, only then do you submit to NGC?</p><p><br /></p><p>Are there people that LOVE NGC and submit coins to NGC as a first course of action?[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1227167, member: 26030"]GDJMSP, if I accept your belief that PCGS and NGC are roughly the same (NGC tougher on some, PCGS tougher on others) ... why is there a premium on PCGS coins? That is, why does the same grade PCGS cost more than a similarly graded NGC coin. With this fact, isn't there an implication that the PCGS coin is better than the NGC coin? Or do you think the higher price is just ((insanity)) on the the part of the PCGS lovers, that ends up bidding the coin up. Also I wonder how much the PCGS registry set participants drive the prices? PCGS registry only accepts PCGS graded coins, so it seems like that might drive demand for PCGS graded coins. I wonder if that could be causing some of the price discrepancy? (I think that NGC registry accepts both PCGS and NGC graded coins) Finally, I would love to hear from some dealers on this subject. Do any of you submit to NGC as a first course of action on a raw coin? Or do you always submit to PCGS first. Then if PCGS rejects the coin, only then do you submit to NGC? Are there people that LOVE NGC and submit coins to NGC as a first course of action?[/QUOTE]
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why NGC coins do not cross to PCGS (a theory)
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