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PCGS vs NGC vs ... Danreller's View
danreller
Posts: 101
I think each have their strong points. PCGS seems to be very good at grading moderns. But, they are very accurate overall including the old, many times to a fault. NGC is just plain good overall with almost always consistent grading including Japanese coins that I am most knowledgable with that I have seen.
This is truly the case where you "buy the coin" not the slab. They are so close in grading in many respects that I consider them equal. I don't know first hand about their "customer service". I just yesterday signed up as a Platinum PCGS Collector's Club member and will begin submitting coins soon. I found that the NGC site wasn't as "user-friendly" to sign-up with so I'm trying PCGS first. I have to admit that many comments I've read state that NGC is thriving towards customer satisfaction even more than PCGS. I cannot make a determination at this time. I asked PCGS about their Japanese coins POPs and they responded stating it's not available. NGC does list their Japanese stats although I question their accuracy as I have slabbed coins by them that don't even show on their stats. Time will tell.
With ANACS I've seen excellent, even grading to a fault with some of their attributions such as, "tooled" and "cleaned", but, yet I've seen a number of AU coins given the MS grade. I think they are over-harsh with the MS's yet can't fully differentiate AU from MS. I still consider them an excellent grading service equal to NGC and PCGS. In many regards they try to be over-cautious.
I've only had experience with about a dozen SEGS coins, but, I have agreed with all of them. In addition, I like their slab - excellent! I'm not sure why they are "downed' as much as they are. I must qualify again that my population of coins that this is based upon is limited. I can base my PCGS and NGC ratings after hundreds of coins each - almost all in the EF (5%), AU (15%), and MS (80%) area.
My experience with PCI is borderline. I've seen those that I agree with yet just as many I have said to myself "no-way". Their grading is sometimes 1-3 points over.
ACG- an encapsulting ( they can be regarded as a slabbing co.) company only IMO. I've had experiences of over-grading by 7-8 points. Completely inconsistent. I have some Ikes that have been graded by the "old" Accugrade when they were based out of Greenwich, CT that are right-on IMHO. Yet I have had more than a dozen of recently graded coins that are "all over the spectrum". I no longer support ACG in any way.
Just my thoughts,
I hope I don't get raked over the coals on this one.
Dan
This is truly the case where you "buy the coin" not the slab. They are so close in grading in many respects that I consider them equal. I don't know first hand about their "customer service". I just yesterday signed up as a Platinum PCGS Collector's Club member and will begin submitting coins soon. I found that the NGC site wasn't as "user-friendly" to sign-up with so I'm trying PCGS first. I have to admit that many comments I've read state that NGC is thriving towards customer satisfaction even more than PCGS. I cannot make a determination at this time. I asked PCGS about their Japanese coins POPs and they responded stating it's not available. NGC does list their Japanese stats although I question their accuracy as I have slabbed coins by them that don't even show on their stats. Time will tell.
With ANACS I've seen excellent, even grading to a fault with some of their attributions such as, "tooled" and "cleaned", but, yet I've seen a number of AU coins given the MS grade. I think they are over-harsh with the MS's yet can't fully differentiate AU from MS. I still consider them an excellent grading service equal to NGC and PCGS. In many regards they try to be over-cautious.
I've only had experience with about a dozen SEGS coins, but, I have agreed with all of them. In addition, I like their slab - excellent! I'm not sure why they are "downed' as much as they are. I must qualify again that my population of coins that this is based upon is limited. I can base my PCGS and NGC ratings after hundreds of coins each - almost all in the EF (5%), AU (15%), and MS (80%) area.
My experience with PCI is borderline. I've seen those that I agree with yet just as many I have said to myself "no-way". Their grading is sometimes 1-3 points over.
ACG- an encapsulting ( they can be regarded as a slabbing co.) company only IMO. I've had experiences of over-grading by 7-8 points. Completely inconsistent. I have some Ikes that have been graded by the "old" Accugrade when they were based out of Greenwich, CT that are right-on IMHO. Yet I have had more than a dozen of recently graded coins that are "all over the spectrum". I no longer support ACG in any way.
Just my thoughts,
I hope I don't get raked over the coals on this one.
Dan
Dan
0
Comments
PCGS: Coke
NGC: Pepsi
ANACS:lemonade
ICG: Sams club
PCI: club soda
ICG: zeltser
ACG: radioactive slurpie.
Brian.
WHat drink is SEGS?
For the Morgan collectors - The Morgan and Peace encyclopedia by Van Allen and Mallis
What would your slabbed coins be worth if the grading services went out of business? What would your coins be worth if the Internet was taken offline for good?
the most overgrading. I have also had horrific experience with SEGS and will rate them near ICG and
PCI.
Brian.
Dan
Dan
Dan
Dan
For the Morgan collectors - The Morgan and Peace encyclopedia by Van Allen and Mallis
What would your slabbed coins be worth if the grading services went out of business? What would your coins be worth if the Internet was taken offline for good?
Your post made me take another look. You're right. ANACS would in my estimation rank third. ANACS would be the RC Cola. SEGS is the ? My experience says let's take another look. For a qualification, I have no interest in SEGS or other have any other purpose in supporting them. From what I've seen they deserve a "fourth" look.
Dan
all the services have made mistakes but it's not a problem for this collector who has learned to grade,and too,doesn't play the resubmitting game...
trivia fact:The AVERAGE PCGS slabbed coin has a market value of almost $1000.
evaluate the coin before you buy it using your own standards...standards are really a composite of many things but i think the key standard is your own discerning eye which has learned from experience...i make far fewer mistakes in my coin purchases than i made thirty years ago...
all the services have made mistakes...
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
It's good enough if you can guzzle it down fast enough before the fizz flies out
of the can. LOL
Leo BUURRRPPP!
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
mr 1874 - I seriously doubt your statement "the average PCGS coin has a market value of $1000" - where did that statistic come from?
that was my own calculation made a few years ago.it came from dividing the market value of all coins slabbed by pcgs by the number of coins...
the figure arrived at,by using their numbers which admittedly doesn't take into account resubmissions or a coin being counted more than once,is $900 plus average per coin based on a total claimed market value for all coins slabbed by them...
actually,now that i think about it some more,the resubmissions would also be 'counted again' in the total dollar amount of all pcgs coins so there would be little impact on the accuracy of the calculated $900 plus average...
i was just curious about this average dollar value of pcgs slabbed coins...i'm just full of useless information...
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein