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<p>[QUOTE="cpm9ball, post: 1227181, member: 24633"]Is the fact that PCGS only allows PCGS coins in their Registry a part of the aura surrounding the higher values? Possibly, but we can't really be sure, can we? Is the kool-aid really that potent? I don't know because I've never had the urge to drink it. It's also interesting to note that the PCGS Price Guide is sometimes high, but how often is it actually used under the terms of their buy-back guarantee? I guess we won't know this either because we aren't privvy to the decisions that are the (private) domain of PCGS, and PCGS, alone. All we really know is that some PCGS coins DO sell for more than their NGC counterparts. That's fine with me. If I have the choice of two identically and accurately graded coins, but the NGC coin costs less, it's a no-brainer for me. Buy the NGC coin and use the savings for another purchase.</p><p><br /></p><p>Like Doug said, the debate over which company is better has been going on forever. Both companies have their strong points and weaknesses, and just for the sake of the discussion, here is just one more example.......</p><p><br /></p><p>Several years ago, I purchased an 1898-O Morgan slabbed by (old) ANACS, MS63DMPL. A couple years later, I decided to crack it out and submit it to NGC. I was sure that it was undergraded. To me, the mirrors were not an issue. I could almost read the 8" mark of a ruler. Keep in mind, that this was at a time when bodybags were still used. Well, it came back from NGC in a bag, "MS Details - Altered Surfaces". I took it with me to FUN 2008, and asked David Lange for his opinion. He couldn't be 100% positive, but he did say that Altered Surfaces is sort of a catch-all for minor problems. He did add that the coin had an unusual haze on the fields, and he thought conservation might be the best remedy. Anyway, I also brought along my certificate for 8 Free gradings from PCGS, so I removed the coin from the bag and included it in my submission to PCGS. PCGS graded it MS64PL.</p><p><br /></p><p>Well, I was partially satisfied knowing that it got a bump from 63 to 64, but PL instead of DMPL? Was ANACS right that it should be DMPL? Was PCGS using a ruler that was only 5" long? Or, should the coin have been bagged like it was at NGC? Maybe I will submit it to NCS and then see what NGC has to say. If any of you may be thinking that it's not a good idea to "chase good money after bad", forget it! It doesn't matter to me. I JUST WANT TO KNOW!</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 1227181, member: 24633"]Is the fact that PCGS only allows PCGS coins in their Registry a part of the aura surrounding the higher values? Possibly, but we can't really be sure, can we? Is the kool-aid really that potent? I don't know because I've never had the urge to drink it. It's also interesting to note that the PCGS Price Guide is sometimes high, but how often is it actually used under the terms of their buy-back guarantee? I guess we won't know this either because we aren't privvy to the decisions that are the (private) domain of PCGS, and PCGS, alone. All we really know is that some PCGS coins DO sell for more than their NGC counterparts. That's fine with me. If I have the choice of two identically and accurately graded coins, but the NGC coin costs less, it's a no-brainer for me. Buy the NGC coin and use the savings for another purchase. Like Doug said, the debate over which company is better has been going on forever. Both companies have their strong points and weaknesses, and just for the sake of the discussion, here is just one more example....... Several years ago, I purchased an 1898-O Morgan slabbed by (old) ANACS, MS63DMPL. A couple years later, I decided to crack it out and submit it to NGC. I was sure that it was undergraded. To me, the mirrors were not an issue. I could almost read the 8" mark of a ruler. Keep in mind, that this was at a time when bodybags were still used. Well, it came back from NGC in a bag, "MS Details - Altered Surfaces". I took it with me to FUN 2008, and asked David Lange for his opinion. He couldn't be 100% positive, but he did say that Altered Surfaces is sort of a catch-all for minor problems. He did add that the coin had an unusual haze on the fields, and he thought conservation might be the best remedy. Anyway, I also brought along my certificate for 8 Free gradings from PCGS, so I removed the coin from the bag and included it in my submission to PCGS. PCGS graded it MS64PL. Well, I was partially satisfied knowing that it got a bump from 63 to 64, but PL instead of DMPL? Was ANACS right that it should be DMPL? Was PCGS using a ruler that was only 5" long? Or, should the coin have been bagged like it was at NGC? Maybe I will submit it to NCS and then see what NGC has to say. If any of you may be thinking that it's not a good idea to "chase good money after bad", forget it! It doesn't matter to me. I JUST WANT TO KNOW! Chris[/QUOTE]
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