@Watchtower said: @JimTyler
Maybe your thinking of something else.
I am far from greedy. I don't think you got the gist of my post.
I was referring to the post made by jkrk in this thread.
You come on a little strong I think. It's really not necessary.
They are talking about coins valued at $3000 or less and the price differentials. So please scroll up and read it. You may agree or disagree but at the very least you will understand my comment.
I am not a coin dealer so odds are that I won't have the opportunity to leave $120 profit on the table.
If I leave $120 anywhere as far as coins go it will be into the cost of the coin I buy.
It would be nice if pcgs still openly published how much they spend buying "mistakes" back.
Although they are top tier, they are not perfect. Ngc is very good also.
I saw someone above comment about leaving money on the table. Money can definitely be made if you are knowledgeable about the coin itself, not just the plastic.
All this new blood coming into numismatists seem to only be about the plastic. Are they a plastic collector or a coin collector? ( I do realize some rare plastic exists out there) Quite a few true numismatists no longer post here or rarely do because it's like beating a dead horse when they try to help others expand their knowledge. I'm sure a number of long time members have noticed how much it has changed as well.
Doing this professionally has taught me one thing above all other things, both of the major TPGs have graders that have consistency issues. The best graders in the world don't necessarily work for the TPGs any more, and you can argue this has been the case for 20 years. There is still a ton of talent in those grading rooms, but when you have that many coins to grade, and you are not willing to pay your graders big money... Well, you end up hiring folks that you feel you can train up into being great. That works fine as long as you have excellent finalizers and you foster an environment of learning between the finalizers and the graders.
One of the two majors does this better than the other, but I don't want to get into the minute differences between the two. At the end of the day, there are great coins in both holders. There just happens to be a few more in PCGS holders because of their market dominance in the pre-COVID era. That said, the tides have definitely turned in my humble opinion.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
@ProofCollection said:
NGC has looser standards but from time to time they grade tight enough to cross straight to PCGS. But take this NGC PR70 Innovation Dollar I bought last year (and quickly returned). Seriously, how did they miss this?
I say the same thing about PCGS often. Even CAC screws up badly from time to time.
Enjoy these choice surfaces on a CAC-endorsed common date Seated half.
Or have fun counting the staple scratches on the reverse of a choice CAC-stickered PCGS coin (I counted five here and eight total).
The more experience I have with TPG grading, the more I realize I need to have more trust my own grading standards and not that of a TPG.
@DelawareDoons said:
Doing this professionally has taught me one thing above all other things, both of the major TPGs have graders that have consistency issues. The best graders in the world don't necessarily work for the TPGs any more, and you can argue this has been the case for 20 years. There is still a ton of talent in those grading rooms, but when you have that many coins to grade, and you are not willing to pay your graders big money... Well, you end up hiring folks that you feel you can train up into being great. That works fine as long as you have excellent finalizers and you foster an environment of learning between the finalizers and the graders.
One of the two majors does this better than the other, but I don't want to get into the minute differences between the two. At the end of the day, there are great coins in both holders. There just happens to be a few more in PCGS holders because of their market dominance in the pre-COVID era. That said, the tides have definitely turned in my humble opinion.
I honestly don't know how they do it. I get exhausted going through a 50 coin roll. I can't imagine experts would enjoy grading non stop for 8 hours a day 5 days a week. I'm curious what the actual work environment is like but it can't be easy. Hats off to the ones who do it though. I know I couldn't.
@DelawareDoons said:
Doing this professionally has taught me one thing above all other things, both of the major TPGs have graders that have consistency issues. The best graders in the world don't necessarily work for the TPGs any more, and you can argue this has been the case for 20 years. There is still a ton of talent in those grading rooms, but when you have that many coins to grade, and you are not willing to pay your graders big money... Well, you end up hiring folks that you feel you can train up into being great. That works fine as long as you have excellent finalizers and you foster an environment of learning between the finalizers and the graders.
One of the two majors does this better than the other, but I don't want to get into the minute differences between the two. At the end of the day, there are great coins in both holders. There just happens to be a few more in PCGS holders because of their market dominance in the pre-COVID era. That said, the tides have definitely turned in my humble opinion.
I honestly don't know how they do it. I get exhausted going through a 50 coin roll. I can't imagine experts would enjoy grading non stop for 8 hours a day 5 days a week. I'm curious what the actual work environment is like but it can't be easy. Hats off to the ones who do it though. I know I couldn't.
That is why the turnover rate is so high, and it’s difficult to retain talent. From what I can tell the salaries are not very attractive either. Can you imagine being the guy stuck with the moderns? 69, 69, 69, 70, 69, 69….
At this time doing an eBay search NGC has 270k items Pcgs 210k. CAC 7.4 k.
I have equal number PCGS & NGC material which simply is the reality in the market place. For submittal PCGS my TPG of choice. Their phone app (inventory) and CF data really comes in handy.
Different players have different preferences. Many deals I procure have mix of both. For me in that it’s the coin not the holder, all in the deal. As far as trying to make generalizations about TPG’s - It’s like the Astro physics debate - is the universe finite or infinite. Do parallel universes exist. Are we living in a simulation?
For me PCGS & NGC both sell well for me off the bourse and online.
@Cougar1978 said:
At this time doing an eBay search NGC has 270k items Pcgs 210k. CAC 7.4 k.
I have equal number PCGS & NGC material which simply is the reality in the market place. For submittal PCGS my TPG of choice. Their phone app (inventory) and CF data really comes in handy.
Different players have different preferences. Many deals I procure have mix of both. For me in that it’s the coin not the holder, all in the deal. As far as trying to make generalizations about TPG’s - It’s like the Astro physics debate - is the universe finite or infinite. Do parallel universes exist. Are we living in a simulation?
For me PCGS & NGC both sell well for me off the bourse and online.
That's really a meaningless comparison. The numbers for 2022 Silver Eagles will be very different than the numbers for 1893-S Morgan $s. And the sheer number of 2022 silver eagles will dominate your numbers.
@Cougar1978 said:
At this time doing an eBay search NGC has 270k items Pcgs 210k. CAC 7.4 k.
I have equal number PCGS & NGC material which simply is the reality in the market place. For submittal PCGS my TPG of choice. Their phone app (inventory) and CF data really comes in handy.
Different players have different preferences. Many deals I procure have mix of both. For me in that it’s the coin not the holder, all in the deal. As far as trying to make generalizations about TPG’s - It’s like the Astro physics debate - is the universe finite or infinite. Do parallel universes exist. Are we living in a simulation?
For me PCGS & NGC both sell well for me off the bourse and online.
That's really a meaningless comparison. The numbers for 2022 Silver Eagles will be very different than the numbers for 1893-S Morgan $s. And the sheer number of 2022 silver eagles will dominate your numbers.
A good point and may even basically agree but not really relevant in big picture size of the galaxy (number of stars). Definitely red dwarfs (slabbed ASE) would dominate. Not everybody buys big ticket coins let alone can afford them or some specialized collector of expensive US Classic material. Furthermore my post not about some specific date / issue. In addition both TPG sell well for me. Like 2 RB have about same avg yards per carry but different skill sets - one may be a wrecking ball the other one a shifty or hands guy.
@Catbert said:
I guess I’m one of the lemmings that has a very strong preference for PCGS/CAC coins. I intensely dislike the white prongs and prefer the clear plastic when enjoying my collection.
I agree with tis above
Not all of my coins are CAC’d since I don’t think it is critical at a sub $1000 price point. YMMV and that’s ok!
But I don't agree with this statement, today's sub $1000 coins are tomorrow's above $1000 coins. Better to have them all with the bean
And today's top TPG are not necessarily tomorrow's.
@Catbert said:
I guess I’m one of the lemmings that has a very strong preference for PCGS/CAC coins. I intensely dislike the white prongs and prefer the clear plastic when enjoying my collection.
I agree with tis above
Not all of my coins are CAC’d since I don’t think it is critical at a sub $1000 price point. YMMV and that’s ok!
But I don't agree with this statement, today's sub $1000 coins are tomorrow's above $1000 coins. Better to have them all with the bean
And today's top TPG are not necessarily tomorrow's.
Very true especially with the new CAC grading service.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I stick with PCGS and NGC, have never crossed other than as a preference to reholdering or from another service (i.e. not PCGS or NGC). I've left a few coins in early ANACS holders tho. If you also collect World or Ancients as I do, NGC coins rule the roost. It's all about the coins for me.
Since I do not collect US coins and the number graded in my primary interest is very low, I don't have the luxury of selecting the holder. I buy what's available. There is also no clear preference for what I collect from what I can see, unless it's measured by the number of coins in a firm's holder.
I have bought more PCGS coins lately, but that's strictly a function of availability. On balance, I'd say the coins in PCGS holders are nicer for the grade, but I've seen inconsistency in both, including coins I own. It's not hard to post examples where I consider one over or under graded.
The OP's opening statement and all of the discussion in this thread has been done here many times before. And IMO, off on key points with attempts to make it sound one TPG is somehow better than the other. Both of these TPG's are excellent and excel at what they do.
Not a single word here about NGC's dominance for World Coins, Tokens, Ancients, for example.
With respect to presentation, both have positives. I think the black inserts for the NGCX holdered coins are gorgeous for example. PCGS holders can be cleaned of scratches easier.
As have said before, I have cracked and crossed, hundreds of coins between the two TPG's of mention here and in the end, the grades all come out about the same, a few up, a few down, but most the same between. So from experience, this concept of one TPG being looser in grades over the other, in a broad, and long-term view of the grading from both, is not consistent with my experience or some of the comments here.
What really matters? The coin, not the holder.
Let's take 1834 classic gold for example. Find me better coins for their grades, that is what matters.....
@ricko said:
I am not a slab collector.... I am a coin collector. It is always the coin, not the slab, not the label, not the number. I have slabs from four TPG's, though most are from PCGS or NGC. That was not by design, but because I liked the coins. Since I am not a dealer, I do not concern myself with the resale values. Cheers, RickO
The group think and obsession with plastic and stickers in this hobby have pushed me largely out of the hobby. I will not spend large sums in a market that is capricious and subject to market manipulation as much as this one.
It always comes down to the coins themselves. PCGS marketing has been successful in (for most coins) making their holdered coins more liquid and more often getting more money. The result is that the most conservatively graded coins from the other services, of reasonable value, have crossed into PCGS holders over the past couple decades. So, for older certifications, those other services now appear worse than they indeed were, amplifying the effect. But they are all still grading coins and not all are that bad nor necessarily inconsistent. Believe it or not, some out there prefer NGC and/or ANACS slabbed coins. At an East Coast show, a couple buyers looked at my PCGS grade 70 silver eagles and wouldn't buy them because they only wanted NGC ones. Go figure. And then you have CAC. Is the same date and grade for a coin in a PCGS CAC better than an NGC CAC? If it is, then the whole CAC business model is questionable. The coin is what you are buying and the holder is mostly an assurance that it is a genuine coin. If you do not grade it for yourself, you do a disservice for yourself and are not really prepared to spend money on coins to be frank. My suggestion is to, when practical, put your thumb over the tag and evaluate the coin on its merits before seeing what the grading service's expert assessment was. It also gets muddied by market grading and just plain old eye appeal and personal preferences.
I also would say that not every series is grading service sensitive in the marketplace. Early American coins especially. I do early dollars and have worked with copper too. Nobody should approach that stuff with such restrictions unless they want to miss out on a lot of opportunities on specimens that rarely come onto the market and never finish their sets.
@telephoto1 said:
(I wanted to get in before some self-appointed forum cop rats out this thread for bashing.)
What it boils down to is the coin, not the holder it's in. I've seen spot-on grades, overgrades and undergrades from all of the major TPGs. Also, there's no one right way to collect. I shake my head at the "you aren't collecting the right way" mentality some seem to have. Whether you want all your coins in a certain holder, or don't care if they're in multiple different holders, or no holders at all... at the end of the day collecting is supposed to be about having fun. That's what hobbies are all about.
Yes but how would you respond to those who say.. "Buy the holder not the coin"?
I'd say they are in need of education or else it's just a matter of time before they get drilled on something, if they haven't already.
Hear you.
Controversial, ...my post, .. .. is. (yoda)
In my world of DE's.....
I'm one of those people who will buy the holder not the coin. Few, if any of my coins will upgrade. CAc already told me that (indirectly thru my success rate). THey have slapped me enough times. I understand that going in. I put a lot of faith in TPGS. I don't mind buying "low end" 55 graded (DE's) at a small premium to a solid 53. Risk a few hundred dollars downside if I fail. Upside is greater if I luck out. Probabilities? Do any dealers believe that often your profit on a coin results from the price you paid?
Do I need an education? I always try to learn something. Probably not enough? With that said, in a rising tape nearly all mistakes eventually work out. In a falling market, that's when I discover whether anything I believe is correct?
DRilled? possibly but not sure why?. If you buy over graded coins at relatively low prices you seem to mitigate your downside. After all 53's/55/ 58's ... in the end their support is melt.
I have to say that I like the NFC validation on the newer PCGS slabs, but I like that NGC will complain if your coin is registered in someone else's collection. So, there are things that they could both do to make improvements.
I thought at one point someone was coming up with some new super software that was going to combine the information from various sources and give us an incredible view of the value of the coins.
I have a dirty secret: Not only do I have many NGC holders (in addition to many PCGS holders), I have a number of ANACS holders (old and not-so-old), and one ICG holder.
@willy said:
Well that changed I bought a expensive barber quarter with a CAC sticker and will try to switch it over to PCGS at the CSNS show this week. I cannot wait to see the results.
Good luck with the result!
I have some coins in at PCGS too. Fingers crossed!
I stopped buying nice NGC coins to try and get a cross.
My last went from an NGC 64 to a PCGS 58. Reconsidered it in again came back a 58. Cracked it out came back a 62.
A delta of 6 pts to the 2 points. I have seen worse in 65 holders. To expensive to play the opinion game here.
Differences use to be 1/2 to 1 point between the services. I was OK with that. No sure what happened. Others I tried crossing had same results large differences beyond the old norm.
I am done! I now have Registry sets with both in them and use the NGC Registry that allows both services coins.
I buy nice coins however I can find them. I buy raw coins more often than anything else.
When I submit the raw coins myself, I lean heavily to PCGS. I've had good success crossing coins from NGC to PCGS, and even gotten a few upgrades. Although I've been somewhat selective in what I try to cross.
Nonetheless, there are good coins out there in all sorts of holders that you can get into PCGS plastic later, if that's what you prefer. You can change the holder, but you can't change the coin. And if you can't get the coins into the PCGS plastic or with the CAC sticker you want, then I wouldn't value those things so heavily. It might mean the qualities they target are invisible to you.
Comments
@jmlanzaf that's a valid point.
Wouldn’t be the first time I got something wrong.
It would be nice if pcgs still openly published how much they spend buying "mistakes" back.
Although they are top tier, they are not perfect. Ngc is very good also.
I saw someone above comment about leaving money on the table. Money can definitely be made if you are knowledgeable about the coin itself, not just the plastic.
All this new blood coming into numismatists seem to only be about the plastic. Are they a plastic collector or a coin collector? ( I do realize some rare plastic exists out there) Quite a few true numismatists no longer post here or rarely do because it's like beating a dead horse when they try to help others expand their knowledge. I'm sure a number of long time members have noticed how much it has changed as well.
Doing this professionally has taught me one thing above all other things, both of the major TPGs have graders that have consistency issues. The best graders in the world don't necessarily work for the TPGs any more, and you can argue this has been the case for 20 years. There is still a ton of talent in those grading rooms, but when you have that many coins to grade, and you are not willing to pay your graders big money... Well, you end up hiring folks that you feel you can train up into being great. That works fine as long as you have excellent finalizers and you foster an environment of learning between the finalizers and the graders.
One of the two majors does this better than the other, but I don't want to get into the minute differences between the two. At the end of the day, there are great coins in both holders. There just happens to be a few more in PCGS holders because of their market dominance in the pre-COVID era. That said, the tides have definitely turned in my humble opinion.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Has this conversation morphed into....Who is more powerful Superman or Mighty Mouse?
Are we looking for perfection or probabilities?
I say the same thing about PCGS often. Even CAC screws up badly from time to time.
Enjoy these choice surfaces on a CAC-endorsed common date Seated half.
Or have fun counting the staple scratches on the reverse of a choice CAC-stickered PCGS coin (I counted five here and eight total).
![](https://us.v-cdn.net/6027503/uploads/editor/iy/u4vw1704rp1n.png)
The more experience I have with TPG grading, the more I realize I need to have more trust my own grading standards and not that of a TPG.
I honestly don't know how they do it. I get exhausted going through a 50 coin roll. I can't imagine experts would enjoy grading non stop for 8 hours a day 5 days a week. I'm curious what the actual work environment is like but it can't be easy. Hats off to the ones who do it though. I know I couldn't.
http://ProofCollection.Net
That is why the turnover rate is so high, and it’s difficult to retain talent. From what I can tell the salaries are not very attractive either. Can you imagine being the guy stuck with the moderns? 69, 69, 69, 70, 69, 69….
Founder- Peak Rarities
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A reminder.
Let's be careful to not cast any individuals, companies, or other entities in a negative light.
Posts must not contain libelous (accusatory, attacking) remarks concerning any individual, company, or other entity.
https://forums.collectors.com/discussion/1009079/pcgs-forum-rules-and-guidelines-updated-4-19-2021
Thanks
At this time doing an eBay search NGC has 270k items Pcgs 210k. CAC 7.4 k.
I have equal number PCGS & NGC material which simply is the reality in the market place. For submittal PCGS my TPG of choice. Their phone app (inventory) and CF data really comes in handy.
Different players have different preferences. Many deals I procure have mix of both. For me in that it’s the coin not the holder, all in the deal. As far as trying to make generalizations about TPG’s - It’s like the Astro physics debate - is the universe finite or infinite. Do parallel universes exist. Are we living in a simulation?
For me PCGS & NGC both sell well for me off the bourse and online.
Superman
That's really a meaningless comparison. The numbers for 2022 Silver Eagles will be very different than the numbers for 1893-S Morgan $s. And the sheer number of 2022 silver eagles will dominate your numbers.
A good point and may even basically agree but not really relevant in big picture size of the galaxy (number of stars). Definitely red dwarfs (slabbed ASE) would dominate. Not everybody buys big ticket coins let alone can afford them or some specialized collector of expensive US Classic material. Furthermore my post not about some specific date / issue. In addition both TPG sell well for me. Like 2 RB have about same avg yards per carry but different skill sets - one may be a wrecking ball the other one a shifty or hands guy.
NGC is just fine. I think you're focusing far too much on plastic and stickers.
Dave
And today's top TPG are not necessarily tomorrow's.
Very true especially with the new CAC grading service.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I stick with PCGS and NGC, have never crossed other than as a preference to reholdering or from another service (i.e. not PCGS or NGC). I've left a few coins in early ANACS holders tho. If you also collect World or Ancients as I do, NGC coins rule the roost. It's all about the coins for me.
I have benefited from those that feel this way.
Since I do not collect US coins and the number graded in my primary interest is very low, I don't have the luxury of selecting the holder. I buy what's available. There is also no clear preference for what I collect from what I can see, unless it's measured by the number of coins in a firm's holder.
I have bought more PCGS coins lately, but that's strictly a function of availability. On balance, I'd say the coins in PCGS holders are nicer for the grade, but I've seen inconsistency in both, including coins I own. It's not hard to post examples where I consider one over or under graded.
You mean... because Mighty Mouse isn't real?
The OP's opening statement and all of the discussion in this thread has been done here many times before. And IMO, off on key points with attempts to make it sound one TPG is somehow better than the other. Both of these TPG's are excellent and excel at what they do.
Not a single word here about NGC's dominance for World Coins, Tokens, Ancients, for example.
With respect to presentation, both have positives. I think the black inserts for the NGCX holdered coins are gorgeous for example. PCGS holders can be cleaned of scratches easier.
As have said before, I have cracked and crossed, hundreds of coins between the two TPG's of mention here and in the end, the grades all come out about the same, a few up, a few down, but most the same between. So from experience, this concept of one TPG being looser in grades over the other, in a broad, and long-term view of the grading from both, is not consistent with my experience or some of the comments here.
What really matters? The coin, not the holder.
Let's take 1834 classic gold for example. Find me better coins for their grades, that is what matters.....
The Partrick collection is not lesser quality for residing in NGC holders.
I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.
Absolutely nailed it ricko
The group think and obsession with plastic and stickers in this hobby have pushed me largely out of the hobby. I will not spend large sums in a market that is capricious and subject to market manipulation as much as this one.
Mighty Mouse 🐭😁( just playing, I couldn’t resist)
🎶 shout shout, let it all out 🎶
My advice to op - wait until the CACG slabs come out then you got what you want in one place.
It always comes down to the coins themselves. PCGS marketing has been successful in (for most coins) making their holdered coins more liquid and more often getting more money. The result is that the most conservatively graded coins from the other services, of reasonable value, have crossed into PCGS holders over the past couple decades. So, for older certifications, those other services now appear worse than they indeed were, amplifying the effect. But they are all still grading coins and not all are that bad nor necessarily inconsistent. Believe it or not, some out there prefer NGC and/or ANACS slabbed coins. At an East Coast show, a couple buyers looked at my PCGS grade 70 silver eagles and wouldn't buy them because they only wanted NGC ones. Go figure. And then you have CAC. Is the same date and grade for a coin in a PCGS CAC better than an NGC CAC? If it is, then the whole CAC business model is questionable. The coin is what you are buying and the holder is mostly an assurance that it is a genuine coin. If you do not grade it for yourself, you do a disservice for yourself and are not really prepared to spend money on coins to be frank. My suggestion is to, when practical, put your thumb over the tag and evaluate the coin on its merits before seeing what the grading service's expert assessment was. It also gets muddied by market grading and just plain old eye appeal and personal preferences.
I also would say that not every series is grading service sensitive in the marketplace. Early American coins especially. I do early dollars and have worked with copper too. Nobody should approach that stuff with such restrictions unless they want to miss out on a lot of opportunities on specimens that rarely come onto the market and never finish their sets.
Hear you.
Controversial, ...my post, .. .. is. (yoda)
In my world of DE's.....
I'm one of those people who will buy the holder not the coin. Few, if any of my coins will upgrade. CAc already told me that (indirectly thru my success rate). THey have slapped me enough times. I understand that going in. I put a lot of faith in TPGS. I don't mind buying "low end" 55 graded (DE's) at a small premium to a solid 53. Risk a few hundred dollars downside if I fail. Upside is greater if I luck out. Probabilities? Do any dealers believe that often your profit on a coin results from the price you paid?
Do I need an education? I always try to learn something. Probably not enough? With that said, in a rising tape nearly all mistakes eventually work out. In a falling market, that's when I discover whether anything I believe is correct?
DRilled? possibly but not sure why?. If you buy over graded coins at relatively low prices you seem to mitigate your downside. After all 53's/55/ 58's ... in the end their support is melt.
I have to say that I like the NFC validation on the newer PCGS slabs, but I like that NGC will complain if your coin is registered in someone else's collection. So, there are things that they could both do to make improvements.
I thought at one point someone was coming up with some new super software that was going to combine the information from various sources and give us an incredible view of the value of the coins.
I have a dirty secret: Not only do I have many NGC holders (in addition to many PCGS holders), I have a number of ANACS holders (old and not-so-old), and one ICG holder.
I know; I should be ashamed.
Good luck with the result!
I have some coins in at PCGS too. Fingers crossed!
I stopped buying nice NGC coins to try and get a cross.
My last went from an NGC 64 to a PCGS 58. Reconsidered it in again came back a 58. Cracked it out came back a 62.
A delta of 6 pts to the 2 points. I have seen worse in 65 holders. To expensive to play the opinion game here.
Differences use to be 1/2 to 1 point between the services. I was OK with that. No sure what happened. Others I tried crossing had same results large differences beyond the old norm.
I am done! I now have Registry sets with both in them and use the NGC Registry that allows both services coins.
Two of my best coins are in Anacs.
What?
I sold this coin at the CSNS
because I only need one and this coin is nicer.
I buy nice coins however I can find them. I buy raw coins more often than anything else.
When I submit the raw coins myself, I lean heavily to PCGS. I've had good success crossing coins from NGC to PCGS, and even gotten a few upgrades. Although I've been somewhat selective in what I try to cross.
Nonetheless, there are good coins out there in all sorts of holders that you can get into PCGS plastic later, if that's what you prefer. You can change the holder, but you can't change the coin. And if you can't get the coins into the PCGS plastic or with the CAC sticker you want, then I wouldn't value those things so heavily. It might mean the qualities they target are invisible to you.
IG: DeCourcyCoinsEbay: neilrobertson
"Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me