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why NGC coins do not cross to PCGS (a theory)
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<p>[QUOTE="charlottedude, post: 4050651, member: 26010"]I've had it go both ways... submitting NGC-graded gold that crossed at the same grade, while others (I would say the @ equal numbers) have not. Two examples which come to mind - I purchased the 1799 HE in an NGC XF40 holder, tried to cross at grade, and succeeded. I agree with the grade, due to its level of wear, and have left it at that:</p><p>[ATTACH=full]1061779[/ATTACH] </p><p><br /></p><p>Now take this 1808 HE. I purchased it in an NGC AU-55 holder and tried unsuccessfully to cross it to PCGS - DNC. I retried to cross at any grade, and PCGS graded it AU-53. I agree more with the PCGS AU-53 grade as it has a little too much wear for a full AU-55 grade. CAC seems to agree also.</p><p>[ATTACH=full]1061780[/ATTACH] </p><p><br /></p><p>I will add that from personal experiences, and the many, many coins I've examined at shows and auctions, that NGC consistently grades classic gold more loosely than PCGS. Not that PCGS isn't guilty of it also, but I've walked large bourse floors, observing tables upon tables of NGC-slabbed gold that is either over-graded or over "processed" (i.e., shouldn't have been straight-graded to begin with) or both, with the number of said gold in PCGS-graded coins being much smaller. I'm not a kool-aid drinker of either company, but my 30 years of experience in the early & branch mint gold areas have taught me that I'm more likely to agree with PCGS's grade, than NGC's.[/QUOTE]</p><p><br /></p>
[QUOTE="charlottedude, post: 4050651, member: 26010"]I've had it go both ways... submitting NGC-graded gold that crossed at the same grade, while others (I would say the @ equal numbers) have not. Two examples which come to mind - I purchased the 1799 HE in an NGC XF40 holder, tried to cross at grade, and succeeded. I agree with the grade, due to its level of wear, and have left it at that: [ATTACH=full]1061779[/ATTACH] Now take this 1808 HE. I purchased it in an NGC AU-55 holder and tried unsuccessfully to cross it to PCGS - DNC. I retried to cross at any grade, and PCGS graded it AU-53. I agree more with the PCGS AU-53 grade as it has a little too much wear for a full AU-55 grade. CAC seems to agree also. [ATTACH=full]1061780[/ATTACH] I will add that from personal experiences, and the many, many coins I've examined at shows and auctions, that NGC consistently grades classic gold more loosely than PCGS. Not that PCGS isn't guilty of it also, but I've walked large bourse floors, observing tables upon tables of NGC-slabbed gold that is either over-graded or over "processed" (i.e., shouldn't have been straight-graded to begin with) or both, with the number of said gold in PCGS-graded coins being much smaller. I'm not a kool-aid drinker of either company, but my 30 years of experience in the early & branch mint gold areas have taught me that I'm more likely to agree with PCGS's grade, than NGC's.[/QUOTE]
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why NGC coins do not cross to PCGS (a theory)
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