NGC vs. PCGS Registry requirements

DCAMFranklin

Some may feel that this might belong in the Registry message board, however, I am very interested in Members' opinions about the requirements for the 2 Registries. PCGS requires that ALL of the coins submitted must be PCGS graded coins. NGC feels that both services have highly regarded and recognized 3rd party grading services with strict grading practices. They therefore will allow coins from either of the 2 grading services be allowed in their Registry.

Personally, I find PCGS' stand to be quite repugnant. Some collectors on a budget are then forced to either sell off a prized coin in an NGC holder or submit the coin to PCGS for a crossover/crackout. I'm hopefull you will provide your insight.

airplanenut

It's a game. PCGS wants you to keep submitting until they give in and give you the grade... voila! They have made a hefty sum so your registry goes up 1/2 a point.

KoinKollector

Insight? I feel PCGS set registry is basically hog wash. Sure, some of the people on the registry do indeed have some of the finest sets known. Not to single anyone out here, but TDN's 20cent proofs are by FAR better than any other 20cent collection on the PCGS registry. His average is a 67, some guy simmons average 66 but w/ cameo. Not to mention TDN has one coin missing, it just happens to be in an NGC slab. One last thing, Mr Simmons has a set of all 66 but they are designated as cameo so they recieve a bonus point, TDN set are mostly 67's but not listed as cameo but they sure look like lock cameo coins not to mention AMAZING color.

oldcameoproofsguy

I have a MS Franklin Half set that has some NGC graded coins. I started this set before the Registry hype began and my goal was to assemble a set that could rank amongst the finest known. Some of my key coins are in NGC holders. I will not cross the coins just because I feel some real need to be in the PCGS Registry for this collection.

I have put the set aside for a while to pursuit other numismatic interests but I will return to it eventually. When finished I will proudly display it in the NCG Registry, and not shed one tear that it isn't in the PCGS Registry.

One other thing is that my Barber Quarters collection is competing against the Eliasberg Collection which is graded entirely of NGC coins. There seems to be a real double standard here. When CAM and DCAM weightings are added my set will outrank Eliasberg's. How will we really be sure whos' set is better?

Thanks DCAMFranklin for posting a thread that I can vent a little.

IrishMike

I am just glad there is more than one choice now. The collectors who want only one slab have their registry. Those who don't, have another option. The more choices we have as collectors, the better it is. By the way I was watching a Teletrade auction the other night, two coins, both graded pf70, one a PCGS slab, the other NGC, the PCGS coin sold for 3.5 times the NGC coin. Just plain silly to me.

Dog97

That's what's great about the PCGS Registry, when it forces collectors to sell off a prized coin in an NGC holder I can buy it for lot less than if it was in a PCGS holder. And if it's the right type of coin then I may put it in my NGC Registry Set.