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PCGS vs. NGC

I hold all PCGS coins, but wanted to start/add to my collection. I have my eye on a few NGC coins
but are they graded with the same standards?????

Take for instance: A PR70DCAM WASHINGTON PROOF PCGS / AND A PR70UCAM NGC

are the standards the same?? or should I stick with PCGS? I'm investing alot of money

and dont want to get bad grade from NGC

Rick
A active collector of Modern Proof graded coins. Highligted by my Modern registry sets. (The Lewis' Collections).

Comments

  • FairlanemanFairlaneman Posts: 10,424 ✭✭✭✭✭
    Opps, here We go again. image
  • RussRuss Posts: 48,514 ✭✭✭
    Rick,

    You may have detected from the above response that this topic has occasionally come up.image The short answer is that, in moderns, NGC does not grade as strictly as PCGS. Of course, it also doesn't cost a left gonad to buy NGC graded moderns in super grades.

    Russ, NCNE
  • prooflikeprooflike Posts: 3,879 ✭✭
    Doesn't NGC supposedly grade to ANA standards and PCGS grade to their own proprietary grading definitions?

    image
  • nwcsnwcs Posts: 13,386 ✭✭✭
    Both of them use the ANA guidelines as a baseline, same as ANACS. The guidelines for mint state are too vague to be effective so each company has derived a standard from the standard. Now the standards sometimes match up, because they are based on ANA's basic guidelines, but they don't always. I personally do not believe that a PCGS grade number and NGC grade number have to match up precisely for each coin. However, I think that they should be no more than 1 point different. But when it comes to selling and such, people will judge the holder and number differently.
  • I'm investing alot of money

    The "investing" part of that statement concerns me, particularly in the same paragraph as PR70, and particularly given the unsustainable-in-the-long-run-by-any-stretch-of-the-imagination prices that some PCGS PR70 coins have brought lately. However, I have been wrong (repeatedly) about PCGS PR70 prices in the past, and, I'm not your dad. image

    Personally I'd much rather put together a nice set of PR69s to enjoy (at a tiny fraction of the cost) and do my investing elsewhere.

    But if I felt compelled to buy PR70s, I'd go with NGC due to the huge price difference. See the other thread in this forum about that $39K Lincoln and see if you think the PCGS label was worth it.
  • [qPersonally I'd much rather put together a nice set of PR69s to enjoy (at a tiny fraction of the cost) and do my investing elsewhere.

    But if I felt compelled to buy PR70s, I'd go with NGC due to the huge price difference. See the other thread in this forum about that $39K Lincoln and see if you think the PCGS label was worth it. >>



    You gotta like this supercoin guy......... a smart fella with the ability to reason too! image Not to mention I don't care what anyone says - based on my own experience NGC is much more accurate in grading 70s than PCGS ever has been (at least with Kennedy proofs)! image Feel free to blast away image
    ahhhh....... SODO MELVIN?????
  • michaelmichael Posts: 9,524 ✭✭
    copins are not an investment............ also buy the coin not the holder

    if you look at a coin and you like it and feel the coin is a good value for you buy it!!!

    ngc/pcgs really doesnot matter......... if the coin is all there and for you looks like an excellent deal/value for your pocketbook with money that you can afford to lose and the coin really meets with your approval

    then it is for you............ as per the above

    sincerely michael
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