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Pcgs Registry Rating question

WAYNEASWAYNEAS Posts: 6,355 ✭✭✭✭✭

Why does Pcgs lower a coin's rating because there is a coin with a higher grade by another grading company?

Example:
37845530 2019-P 771207 2019-P 50C First Day of Issue MS67 67.00 41 0 207 2

In the above, the coin shows that this MS67 coin earns a rating of 67 with 41 coins total in this grade with no coin graded higher (by Pcgs) and that there 207 coins in this grade with 2 other coins graded higher by a different grading company.

Under the PCGS Coin Information
it lists:
PCGS # 771207
Date, mintmark 2019-P
Denomination 50C
Variety First Day of Issue
Region The United States of America
Grade MS67
Holder Type Standard
Population 41
Pop Higher 0

Why does this coin not rate a 68 as all other coins do that there are no grading companies with higher grades?
See
40741035 2020-P 823283 2020-P 50C MS67 68.00 45 0 45 0
Thanks
Wayne

Kennedys are my quest...

Comments

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    TomBTomB Posts: 20,734 ✭✭✭✭✭

    Are you certain you are interpreting the data correctly? I will use your example-

    Example:
    37845530 2019-P 771207 2019-P 50C First Day of Issue MS67 67.00 41 0 207 2

    I believe the numbers you are quoting at the end are the combined total of all the varieties of 2019-P JFK halves that PCGS has graded. This would include regular strike, first strike and first day of issue. If so, then the two graded higher are the MS67+ and MS68 that PCGS has graded from the regular strike coins.

    PCGS does not care what other services have given out for grades within the registry.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

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    WAYNEASWAYNEAS Posts: 6,355 ✭✭✭✭✭

    @TomB said:
    Are you certain you are interpreting the data correctly? I will use your example-

    Example:
    37845530 2019-P 771207 2019-P 50C First Day of Issue MS67 67.00 41 0 207 2

    I believe the numbers you are quoting at the end are the combined total of all the varieties of 2019-P JFK halves that PCGS has graded. This would include regular strike, first strike and first day of issue. If so, then the two graded higher are the MS67+ and MS68 that PCGS has graded from the regular strike coins.

    PCGS does not care what other services have given out for grades within the registry.

    Thank you for your insight. I was not aware of how this was calculated but thanks to your words of wisdom, I now understand.

    Kennedys are my quest...

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