PCGS Presents World Coin Grading Course at the 2024 ANA Summer Seminar

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For over 50 years, the American Numismatic Association (ANA) has offered the opportunity for people to come together while sharing and learning about numismatics. Often called “coin camp,” this popular program draws people from around the world to the ANA headquarters on the campus of Colorado College in Colorado Springs, Colorado, for one to two weeks of numismatic classes called Summer Seminar. For 2024, PCGS generously provided five graders the time to go to Summer Seminar and offer their numismatic knowledge in different courses.

World coin grading is incredibly difficult, as you are dealing with hundreds of different countries and national territories spanning centuries with different manufacturing methods. This all leads to many inconsistencies within the numismatic realm, complicating an already complex subject area.

Read more: https://www.pcgs.com/news/pcgs-presents-world-coin-grading-course-at-the-2024-ana-summer-seminar

krueger

About time. Walk any Bourse floor and see which service grades the most world coine.
NGC IS dominantI in that arena. NGC world Registry sets are more competitive. I compete my world sets there.
At my last PCGS Submittal I was asked what I would like to see as the next Quarterly special.
I said world crowns. Because NGC dominates the area. He Brissled at that comment but it was true!

pruebas

@krueger said:

NGC IS dominantI in that arena.

Your information is about 10 years old.

This hasn’t been true for many years.

Top50SetBuilder

@pruebas said:

@krueger said:

NGC IS dominantI in that arena.

Your information is about 10 years old.

This hasn’t been true for many years.

By what metric is it not true?

bidask

Not sure about NGC being dominant in world coin grading however they are looser in their standards

Edited to say on most coins

You

@bidask said:
Not sure about NGC being dominant in world coin grading however they are looser in their standards

Edited to say on most coins

NGC is still very much dominant in the world coin grading sphere and very much the preferred service in most areas. There are particular areas where collectors prefer PCGS (primarily Asian, somewhat Latin American), but PCGS lags behind overall in terms of authentication and grading consistency. When you look at hammered coinage as a whole, for example, NGC dominates in every regard. NGC also has much higher pop reports in most areas, because they are the preferred TPG (not sure what "dominant" means if not that). Looser standards doesn't mean worse. Less consistency means worse.

pruebas

@You said:

@bidask said:
Not sure about NGC being dominant in world coin grading however they are looser in their standards

Edited to say on most coins

NGC is still very much dominant in the world coin grading sphere and very much the preferred service in most areas. There are particular areas where collectors prefer PCGS (primarily Asian, somewhat Latin American), but PCGS lags behind overall in terms of authentication and grading consistency. When you look at hammered coinage as a whole, for example, NGC dominates in every regard. NGC also has much higher pop reports in most areas, because they are the preferred TPG (not sure what "dominant" means if not that). Looser standards doesn't mean worse. Less consistency means worse.

The idea that NGC CURRENTLY grades more world coins per year than PCGS, is false.

Yes, NGC world pops are higher, largely due to coins graded years ago when they WERE the dominant player.

I’d say they are about equal in terms of market share for world coins now.

You

@pruebas said:

@You said:

@bidask said:
Not sure about NGC being dominant in world coin grading however they are looser in their standards

Edited to say on most coins

NGC is still very much dominant in the world coin grading sphere and very much the preferred service in most areas. There are particular areas where collectors prefer PCGS (primarily Asian, somewhat Latin American), but PCGS lags behind overall in terms of authentication and grading consistency. When you look at hammered coinage as a whole, for example, NGC dominates in every regard. NGC also has much higher pop reports in most areas, because they are the preferred TPG (not sure what "dominant" means if not that). Looser standards doesn't mean worse. Less consistency means worse.

The idea that NGC CURRENTLY grades more world coins per year than PCGS, is false.

Lol ok. What makes you say that it's false?

jdmern

We sent one of our staff members out there for the grading course. Heard it was phenomenal.

Exbrit

I would like to see the numbers graded, now and then. Otherwise it is just opinion one way or the other.

Exbrit

@bidask said:
Not sure about NGC being dominant in world coin grading however they are looser in their standards

Edited to say on most coins

As with the post above, what proof do you have? What standards are you comparing them to? An analysis of all or most of the different (major) series, needs to be completed or it is just an opinion. I assume that you are referring to the ANA standards. I am just saying that I would like to see an in depth analysis rather than opinion. Not that your opinion is bad or good.

I believe that both TPGs do a decent job and I applaud PCGS for teaching at the summer seminar.

neildrobertson

@You said:

@bidask said:
Not sure about NGC being dominant in world coin grading however they are looser in their standards

Edited to say on most coins

NGC is still very much dominant in the world coin grading sphere and very much the preferred service in most areas. There are particular areas where collectors prefer PCGS (primarily Asian, somewhat Latin American), but PCGS lags behind overall in terms of authentication and grading consistency. When you look at hammered coinage as a whole, for example, NGC dominates in every regard. NGC also has much higher pop reports in most areas, because they are the preferred TPG (not sure what "dominant" means if not that). Looser standards doesn't mean worse. Less consistency means worse.

This is probably saying too much. NGC grades more US coins than PCGS but that doesn't necessarily mean it's preferred in every meaning pf the word or better. The same can be said for world coins. NGC presently gets more German coins to grade each month and PCGS gets. That is not a result of perceived quality. It's just a result of marketing and the fact that NGC has an office in Munich. The collectors and dealers sending many of the coins can't authenticate or grade sufficiently well to differentiate between the TPGs. In the US, I notice people using NGC for grading more when the sole intent of grading is commercial/resale.

Clio

There are two sets I focus on for the registry. GV Shillings and Shillings by type. On NGC there are no users with complete sets of either of these. There's none over 71%. In contrast to the PCGS set there's 3 users for both sets with 100% completion. I am aware that's just in my small corner but blanket statements in regard to who is dominant in world is just a pointless exercise.

Happy to see the World Grading Course being offered and maybe I can attend one of these days.

tcollects

Strangely to me, about 80% of my collecting friends in Europe think NGC is stricter and better than PCGS. It's a common belief - exactly opposite of my observations. I look at coins and not plastic, but I share the common sentiment here that PCGS is usually tougher. But the pics here lately are poison whether you want to keep or sell, so my backlog is starting to going ATS.

PROMETHIUS88

I got to attend the summer sessions in 2000 and 2001. I took the beginning and advanced grading seminars and they were great. Really gives you an idea of how much you don't know.
Met so many great people from the common, everyday collector to industry leaders.

My 2nd summer, I hung out with Michael Calhoun, who was there working to help put up his step-fathers Harry Bass exhibit and got a sneak preview as the construction was going on. Talk about some coins to drool over! We also hung out with a young Andrew Bowers. We all spent a little time up at Cripple Creek as well. From what I remember, we all did pretty well!

If you ever have the chance to go to the summer seminars, it is well worth it.

PROMETHIUS88

Dupe