Old Topic- How about some fresh voices?
braddick
Posts: 24,148 ✭✭✭✭✭
NGC allows PCGS coins into their Registry.
Would you like to see PCGS allow NGC coins into theirs?
Would you like to see PCGS allow NGC coins into theirs?
peacockcoins
0
Comments
Regards,
Frank
Tony
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
Rainbow Stars
No, No, No!
Many Franklins, Ikes, etc. in NGC may very possibly be overgraded from 1-2 points. Now if they allow NGC coins in the Registry, sets that have alot of NGC coins will dominate a few series, even though they cost less to put together in NGC format. PCGS should not put themselves in the position of acting like people should just get their coins NGC graded, because they are as good a company as PCGS is. On the other hand, NGC really had no choice but to allow PCGS coins.
JJacks
Frank
We are indeed fortunate, that you have joined us on this Forum. Bear
Camelot
Joe
Bear, it is sometimes scary when people agree with me you know! On the other hand, I don't know about bears. BTW, which part of the Los Angeles forest do you live in? I am in Orange County.
I just also wanted to add - I have absolutely nothing against buying the coin and not the holder, but who is to judge that an MS64 from NGC is not just an MS63 from PCGS for example. I know of several people who will tell you it is such on many coins. If you find a nice coin that happens to be in an NGC or ANACS holder, by all means, go for it, but I don't think they should automatically get acceptance into the PCGS Registry.
JJacks
Anyhow I am on this thread because an old topic deserves an old voice( and old body too).
Camelot
The only thing necessary for evil to triumph is for good men to do nothing.
I don't know how I would vote on this issue. JJACKS has a good point about buying the coin not the holder, but if you find a nice coin and it is in an NGC holder, what have you gained if you can't put it in your registry set. I have had several very nice coins in NGC holders, but they are hard to sell unless you can find a dealer who buys the coin not the holder.
I had a 1945-S NGC66FB that I needed to sell because I bought the same coin in PCGS so I could put it in my Merc set. Well this coin listed $50 in NGC and $200 in PCGS. It was truly a 66 and toned beautifully. Probably an end roll coin. I finally found a dealer who liked the coin for what it was and he gave me the PCGS money for an NGC coin. This is hard to do as most of you are probably aware of. I have seen good coins in all holders and bad coins in all holders. I haven't kept score, but PCGS probably wins. If we allowed a mix and everyone bought true to grade coins it would work out fine, but some would resort to buying overgraded coins at less money to gain an advantage. But you can probably do that now if that is the way you wanted to play and you didn'y mind owning overgraded coins.
JMHO, Jon
Joshua
Yes it’s a good philosophy to preach and strive to practice but I don't really think it will ever be something achievable.
If everyone wants to buy the coin and not the slab then why does a lot of these same people want a STAR (NGC) on the holder and think PCGS should follow suit? (Here I go again Mike)
The only thing necessary for evil to triumph is for good men to do nothing.
We'll use our hands and hearts and if we must we'll use our heads.
Who the hell knows? How can you tell the quality of a coin from a number on a slab? Standards change with every grader and every insert color. Now we're having showdowns cuz people can't even accept a number on just one company's slab, for heaven's sake!
Camelot
It is a mystery, and I am a serious whiner!
My Barbers
Andy
First POTD 9/19/05!!
The bottom line is that the Registry is just numbers on a slab, and by looking at the ratings and rankings you can't judge the actual coin. The best the Registry can do is keep the slabs consistent in terms of quality, and I believe PCGS is superior.
Proof Dime Registry Set
Another thing, all this "Buy the coin not the holder" BS. Give me a break, anyone that buys a slabbed coin buys the holder to some extent. Its impossible not to.
I think you're dead on here. Makes me wonder what the heck we did prior to slabbed coins. What was the issue then? Grading of course! Nothing much has changed.
oldcameoproofsguy,
...but wasn't Eliasberg's collection graded by the NGC? If so, why are his collections still listed in the Registry? There seems to be a double standard set here? Eliasberg's NGC coins are OK but mine are not.
BIG TIME DOUBLE STANDARD!!!!
Recognize the accomplishments of collectors with GREAT sets from the past (pre-third party grading) and get them the heck off the precious PCGS only listings! If it's fair for one, it's fair for all.
I wonder what PCGS's position is on allowing women to play at Augusta?
Now I have tried to cross a MS62 NGC and had PCGS tell me it was a AU58, however, I haven't tried to take a PCGS and go to NGC. I have a few that were rejected by PCGS, I'll submitt to NGC and those that make it into a NGC holder I'll see if PCGS accepts them. When It's all done I'll have a better opinion of the PCGS vs NGC issue....
Rich
<< <i>I haven't tried to take a PCGS and go to NGC. >>
I have. Here are the results.
PCGS 1937S FB MS65 Merc = NGC wouldn't cross noting the coin in their opinion is not FB
PCGS 1934D MS65 FB Merc = NGC wouldn't cross noting the coin in their opinion is not FB
1934 PCGS MS65 Washington = NGC refused to encapsulate due to cleaning (upon closer inspection, they were right)
1935 PCGS MS66 Washington = NGC Wouldn't cross noting they would grade it MS65.
1936 PCGS MS66 Washington = NGC Wouldn't cross noting they would grade it MS65.
1945D PCGS MS65 Washington = NGC crossed to MS66.
1942S PCGS MS65 = NGC crossed to MS65.
Andy
First POTD 9/19/05!!
I have. Here are the results.
PCGS 1937S FB MS65 Merc = NGC wouldn't cross noting the coin in their opinion is not FB
PCGS 1934D MS65 FB Merc = NGC wouldn't cross noting the coin in their opinion is not FB
1934 PCGS MS65 Washington = NGC refused to encapsulate due to cleaning (upon closer inspection, they were right)
1935 PCGS MS66 Washington = NGC Wouldn't cross noting they would grade it MS65.
1936 PCGS MS66 Washington = NGC Wouldn't cross noting they would grade it MS65.
1945D PCGS MS65 Washington = NGC crossed to MS66.
1942S PCGS MS65 = NGC crossed to MS65
Andy, what was your opinion of the coins, were you hoping for upgrades, straight crosses? Mark
We'll use our hands and hearts and if we must we'll use our heads.
<< <i>Absolutely not. Many NGC coins will not get the same grades and designations if they were submitted to PCGS. >>
And vice-versa. See my previous post.
<< <i> A set of all NGC coins and all PCGS coins will not look the same and will not cost the same, but they may have the same rating in the Registry. >>
Yep! My over graded PCGS coins will have the same rating in NGC's registry.
<< <i> That's not fair for the person who bought the more expensive and better PCGS coins. I've seen the coins in my current set go for much cheaper in NGC slabs. >>
If I can buy a correctly graded NGC coin, why the heck would I buy the more expensive correctly graded PCGS coin? Sounds like a great bargain for me! Since when does more expensive automatically mean better in the world of numismatics? "Expensive" quality is a perception and not necessarily a reality.
<< <i> There were coins designated by NGC as CAM or Ultra CAM that will never cross to PCGS's standards. >>
Never say never!
<< <i>The bottom line is that the Registry is just numbers on a slab, and by looking at the ratings and rankings you can't judge the actual coin. >>
Agreed! So what is the point of the registry if it is just a collection of a bunch of numbers on the slab? My numbers are better than your numbers? Isn't it kind of silly, based on what most have us have experienced with third party grading, that the "numbers" accurately reflect the coin? Hey! Whatever happened to the coin anyway?
<< <i> The best the Registry can do is keep the slabs consistent in terms of quality, and I believe PCGS is superior. >>
One thing that's so nice about this country, is that everyone can have their own opinion. I would have to disagree with this one though, as I think that's the Kool-aid talking!
Andy
First POTD 9/19/05!!
I was trying for a straight cross. I certainly wouldn't have minded getting upgrades, but that was not my intent. For better or for worse, I like all of my coins in the same kind of holder, and I like NGC's better. My opinion of the coins was that they were correctly graded by PCGS, and I expected them to cross. The FB thing really threw me though. I would've said that they were FB on initial inspection, but after looking at them, the 34D, under 16x magnification had one small area where they were not split. The 37S's bands are not real "round" and the split is shallow, but nonetheless I would have said they were FB. In any case, NGC certainly looked at the coins VERY closely. I'm thinking that NGC's FB standards are different than PCGS's, kind of like with "full steps" on Jeffersons.
Andy
First POTD 9/19/05!!
I don't really like the idea, but they could give extra points as NGC does with the STAR* in their holders. Like there would be a 1 point addition for PCGS graded slabs. From the coins I have looked at and cracked out to cross, I would say their grades would compair 70/30.
Ken
My Washington Type B/C Set
09/07/2006
The competition isn't that big a deal. I'm acquiring more NGC coins, so that's not an issue either. The prettier coin is going to stay in my collection in the end.
How about a compromise. Have PCGS add the NGC varieties that they don't recognize?
perfectstrike
Go BIG or GO HOME. ©Bill