what are the merits of an NGC MS-68 coin compared with a PCGS MS-67.

TRADERBOBZ

Simply would like those opinions from the people here on the merits or a ngc ms-68 as compared to a pcgs ms-67?
thank you!

jom

I can only say that generalizing like that really means little. It comes down to the particular coin. Personally, I think MS68s are over-rated in general as they really aren't all that much higher quality that 67s (very little in fact) but often you have to pay huge premiums. To me that is a waste of good "coin" money.

jom

braddick

<< <i>I can only say that generalizing like that really means little. It comes down to the particular coin. Personally, I think MS68s are over-rated in general as they really aren't all that much higher quality that 67s (very little in fact) but often you have to pay huge premiums. To me that is a waste of good "coin" money. jom >>



jom, unless, of course, that MS68 coin is a clad Ike dollar!

TRADERBOBZ

Thank you jom,as that was a honest answer.alot of times i hear,something like"anything in pcgs,even at 1 grade lower is better than the currant grade in ngc?? that troubles me a little.thank you again.

RotatedRainbows

It depends on what kind of 67 it is, is it one of those that was submited to PCGS 10 times and the first nine times it came back 66??

roadrunner

If it's an 1848s quarter in NGC68 then it's worth many multiples of any PCGS67.

roadrunner

shirohniichan

Good questions, Bob. I'm surprised no one has asked it before.

Dog97

Simply put and generally speaking I'd say a N68 & P67 are about the same but that may be too simple because like others have said it depends on the series and the individual coin.

coinguy1

TRADERBOBZ,

There are plenty of coins in NGC 67 holders that are as nice or nicer than PCGS 67's (or even 68's) and there are many in PCGS 67 holders as nice or nicer than NGC 67's or 68's. In my opinion, it is incorrect and highly irresponsible for people to make blanket statements such as "anything in pcgs, even at 1 grade lower is better than the currant grade in ngc."

Fairlaneman

Mark:

I have been waiting for this. As a Dealer just how would you price two coins of the same grade ? One a PCGS Coin and one a NGC Coin and why would you price the coins as you have? Really interested in a answer for this.

BTW I do not want to turn this into a Flame thread but just need some sort of a logical answer. You have or had a great example of this on your Web Site two weeks ago and I was a little astonished about the price difference.

Thanks.

Ken

gmarguli

Excluding moderns and as a general rule, I'd say the MS68 is going to be better than the MS67.

Like jom, I think MS68s are completely overrated. Frequently you can find a really nice MS67 for a 50% premium, while a dog MS68 is a 500% premium.

coinguy1

Ken,

You asked "As a Dealer just how would you price two coins of the same grade ? One a PCGS Coin and one a NGC Coin and why would you price the coins as you have? Really interested in a answer for this."

The answer to your question would depend upon a number of factors, among them, what the actual coins looked like, our assessment of their true quality and appeal, what we had to pay for them, what we felt the current market levels to be, anticipated demand, etc.

You need not fear a "flame war" from me, as long as you are nice, actually, even if you're not nice.

Fairlaneman

Mark:

I will take the answer to be what you had to pay for the coin and actually how nice the coin is.

As collectors we should throw the number on the slab out, as it should be, and buy the coin on its own merits. Correct. It looks like this is how Dealers price coins also.

BTW the Flame thing was not for you. I just did not want this to get into another PCGS vs NGC thing.

Thanks Much.

Ken

coinrookie

The 68 and 67 line is blurry. As stated it also depends on the coin. I think a war nickel in 68 fs in a ngc holder even if you go on the common assumption that ngc is generally one grade higher than it should be is still better than a pcgs in 67 because of how ngc determines fs. An assumption which in alot of cases is not merited.

my3cents

from what I have seen and comparisons I have made - NGC grading appears pretty consistent with PCGS in all grade levels. There's just not that much difference, providing, of course, that you allow a little room for error (which there is always going to be).

I DO like the PCGS holder better - but come on - the coins are what we are talking about here - not the appearance of the holders. So many times, IMO, people appear to be influenced by the slab and don't bother to look at the coins....when you do - there just isn't any difference in quality at equal grades.

But I like PCGS slabs better, too - what can I say?

goose3

I notice A LOT in the buffalo nickels on DLRC.com that they will have multiples of (for example) NGC and PCGS MS65 1913 Ty1 and the PCGS coins will ALWAYS be priced higher for the same date and grade!!!


There is a pair on there now

here's my opinion on this.......I would say that in most cases that this is a case of capitalizing on people wanting the almighty PCGS coins because, face it, there are a lot of "sheep" that will pay for nothing more than plastic.

TRADERBOBZ

Yes,i have taken all the responses to heart,and now im confused.but do understand the value of 1 coin over the other for regestry set purpose. Now lets assume it is not a key date coin,it is un tonned,no colors average strike................do the answers remain the same? from a collectors viewpoint?

p/s goose,thats what has brought this question on mainly but not in whole. Remember last year,we looked for a buff nickel in a certain grade,and the pcgs lesser graded coin,was almost twice the money,as the ngc coin,at a higher grade.

shiro,what do you think?

Dog97

In other words Bob, you gotta look at the coin, especially if it is a high price model because it could cost or save you thousands $$.

CLASSICS

at the last show i was at, when looking at coins, i tried not to look at the grade, just the coin, i asked the dealers to show me items, the first thing i did was to cover the top of the holder where the grade was with my thumb, looked at the item, graded what i thought it should be, got a price, and if it was what i thought it should be, and priced right....i bought it. try it somrtime, no cheating

michael

for me you would have to show me a specific coin or coins that are in my area of specialization, expertise and study thereof and then i could tell you!

i think mark feld summed it up with his first post on this thread extremely well really well!!!!!!!!!!

it goes by a sight seen coin by coin case by case basis

i have seen an ngc ms 68 halfdime post 1859 that to me is currently a monster fantastic coin and heads and tails better than the 5 such graded pcgs coins in ms68 a real 68 monster 68!

i am also sure that half of the current graded early commems in holders pcgs/ngc 68 are not 68 coins also i have seen a monster toned boone with fantastic eye appeal and lustre in a pcgs67 holder that is a no brainer 68 coin and even if not, much better than many of the other boones in 68 holders also a orggon in ngc68 that is a really great 68!! heads and tails better than most of the other 68 coins for the most part!



i guess the list goes on and on it to me boils all down to this

you have to specialize in a series or coin you are looking at and if the coin you are looking at is all there weather it is in a pcgs 67 68 ngc 67 68 holder then it doesnot matter as long as the coin is all there

and you buy the coin not the holder!

if coins are graded correctly and you look at the same exact coin in a 67 and 68 holder there is for me a difference that can be seen! IF THE COINS ARE GRADEDE CORRECTLY! and that is a big if nowadays

only buy coins that are all there in the holder or undergraded as such!
buy the coin not the plastic

are there 67 coins that ARE better than some 68 coins at both or either srervices? i am sure there are are there great monster 68 coins at both services? i am sure there are!! the examples could be never ending

just make sure you know what you are looking at and the coin is all there and then that is great!! and make sure it is a monster great coin with exceptional eye appeal and is a good to great value!!

and who cares about anything else?? or any other similar holdered coin!!!!!

sincerely michael

cladking

<< <i>Good questions, Bob. I'm surprised no one has asked it before. >>




Yes. Exactly. Me too!

wallstreetman

RotatedRainbow hit the nail on the head!

coynclecter

Well, I have a couple of boxes of mint state PCGS coins (classics). I would gladly trade any of them for one grade higher NGC coin and I'll buy lunch too.

Coyn

ANACONDA

what are the merits of an NGC MS-68 coin compared with a PCGS MS-67

The merits of an NGC MS-68 over a PCGS MS-67 is that with the 68, the potential buyer can't point to a ridiculously low Blue sheet
value and claim that you're overpricing your coins.

The merits of an NGC MS-68 over a PCGS MS-67 it that the 68 is probably accurately graded and the 67 is undergraded and priced
so high (according to the sheets) that you either can't buy it or will never be able to sell it.

Yo!

TRADERBOBZ

Thank you all for the answers,and help in understanding this question,that has been on my mind for a long time,this has been very helpfull

lazeroo

hi all ,

would I say that my ngc coins are overgraded, !!!! not !!

are my pcgs coins overgraded!! ya!!! there just slightly under the 68 coins tho.
Isn't that were there suppose to be anyway? well heck yea.

here's the bottom line. how many of you have alot of 68/69 coins to compare.?

this is the training area of coin collecting. it's very hard to tell a 68 from an 69 coin. and the difference is very minamal from one grading company to the next.

rob.

STEWARTBLAYNUMIS

It depends on the series:Let's take

Indian cents: There are so few Indian cents graded NGC ms 68 that it would be hard to draw a conclusion.The only NGC ms 68 red that I saw was the Andre Dawson 1896 that most people thought would slab PCGS ms 67 red.

Lincoln Cents - (except steel cents) there are so few NGC ms 68 red coins but the ones that I saw would slab ms 67 red at PCGS.Most of the PCGS ms 68 red coins post 1934 are no different than the nice 67 coins.

steel cents - I believe they are equal as there are as many overgraded NGC 68 coins as well as overgraded PCGS 68 coins

Barber coins- Since there are so few ms 68 Barber coins and most are from the Eliasberg collection. They originated because of a pissing match between PCGS and NGC.I say they are equal and an NGC 68 is equal to a PCGS ms 68

My conclusion is to buy the cream of a lower grade because it is of a better value.Only if the ms 68 is DISCERNABLY BETTER should you buy it.It does not matter if it is NGC or PCGS.In other words

LOOK FOR THE UPGRADE

Stewart

michael

for me pre 1950 there is no such thing as a 69/70 coin

and maybe there are 69 coins in modern era coins also for me no coin should be graded 70

sincerely michael