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why NGC coins do not cross to PCGS (a theory)
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<p>[QUOTE="WingedLiberty, post: 1227805, member: 26030"]I agree with the statement that prices vary in the extreme. I have paid up to 10x the retail price guide price for great color/toning on a coin with a low base price (for example $70 on a $7 price guide coin).</p><p><br /></p><p>However my statement that PCGS coins sell for more (on average) than NGC coins of the same grade was based purely on the online PCGS and NGC price guides. </p><p>I think the NGC price guide is based on auction results -- but I admit i have no idea how PCGS comes up with their price guide prices (however I am thinking </p><p>it's probably also based on auction results). Someone correct me if I am wrong.</p><p><br /></p><p>For example:</p><p><br /></p><p>On a 1909 VDB Matte Proof Lincoln in PR65BN</p><p><br /></p><p> - PCGS lists the coin at $35,000</p><p> - NGC lists the coin at $13,000</p><p><br /></p><p>That's a huge difference.</p><p><br /></p><p>The only possible conclusion one can draw from this price discrepancy is the NGC PR65BN, which lists for only $13,000, must be roughly equivalent to a PCGS PR<span style="color: #b22222"><b>63+</b></span>BN (Which would also be in that same price range)</p><p><br /></p><p><br /></p><p>One thing I have noticed (and totally agree with you) is sometimes coins sell for way under and/or way over these prices based the characteristics of individual coins.</p><p><br /></p><p>Bottom line is .. I think NGC gets a bad rap and is not as bad or as lax as some people seem to think. However it does vary based on the various denominations and series.[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1227805, member: 26030"]I agree with the statement that prices vary in the extreme. I have paid up to 10x the retail price guide price for great color/toning on a coin with a low base price (for example $70 on a $7 price guide coin). However my statement that PCGS coins sell for more (on average) than NGC coins of the same grade was based purely on the online PCGS and NGC price guides. I think the NGC price guide is based on auction results -- but I admit i have no idea how PCGS comes up with their price guide prices (however I am thinking it's probably also based on auction results). Someone correct me if I am wrong. For example: On a 1909 VDB Matte Proof Lincoln in PR65BN - PCGS lists the coin at $35,000 - NGC lists the coin at $13,000 That's a huge difference. The only possible conclusion one can draw from this price discrepancy is the NGC PR65BN, which lists for only $13,000, must be roughly equivalent to a PCGS PR[COLOR=#b22222][B]63+[/B][/COLOR]BN (Which would also be in that same price range) One thing I have noticed (and totally agree with you) is sometimes coins sell for way under and/or way over these prices based the characteristics of individual coins. Bottom line is .. I think NGC gets a bad rap and is not as bad or as lax as some people seem to think. However it does vary based on the various denominations and series.[/QUOTE]
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why NGC coins do not cross to PCGS (a theory)
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