Roadrunner made an excellent point. At a large auction (ie., Heritage, Bowers, etc.) in conjunction with a major show, bidders will pay strong money for a coin which they think is undergraded. They look at the coin, not the holder (and sometimes, they go just plain nuts).
I've lost count of how many times I've seen an attractive type coin in an MS 63 holder go for 4 money, etc., under these circumstances.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
<< <i>...there are many series where PCGS is much looser. >>
Wouldn't it be suggested that ngc doesn't change standards in series llke these, and just change their standards in those series that are perceived as graded less strict? The complications of not having/sticking to a genuine standard are overwhelming.
I would say that NGC shouldn't change ANY of their standards. Right now they have the reputation for being consistent. PCGS is known for being all over the board, but mostly on a super-tight grading spree.
It's easier to trade sight-unseen NGC coins since you know what you are getting. With PCGS an MS65 might be an MS65, MS66, or MS67 depending on what tight grading mode they were in when it was graded.
Only about 50 people really know how to grade coins. So that leaves 100's if not thousands of coin dealers who make a living buying and selling coins who do not know how to grade coins right.
"Only about 50 people really know how to grade coins. So that leaves 100's if not thousands of coin dealers who make a living buying and selling coins who do not know how to grade coins right. "
Placid, yikes that leaves 48 left if you count us two, sheez ....I'm beginning to feel much better
Comments
is undergraded. They look at the coin, not the holder (and sometimes, they go just plain nuts).
I've lost count of how many times I've seen an attractive type coin in an MS 63 holder go for 4 money, etc., under these circumstances.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>...there are many series where PCGS is much looser. >>
Wouldn't it be suggested that ngc doesn't change standards in series llke these, and just change their standards in those series that are perceived as graded less strict?
The complications of not having/sticking to a genuine standard are overwhelming.
I would say that NGC shouldn't change ANY of their standards. Right now they have the reputation for being consistent. PCGS is known for being all over the board, but mostly on a super-tight grading spree.
It's easier to trade sight-unseen NGC coins since you know what you are getting. With PCGS an MS65 might be an MS65, MS66, or MS67 depending on what tight grading mode they were in when it was graded.
So that leaves 100's if not thousands of coin dealers who make a living buying and selling coins who do not know how to grade coins right.
"Only about 50 people really know how to grade coins.
So that leaves 100's if not thousands of coin dealers who make a living buying and selling coins who do not know how to grade coins right. "
Placid, yikes that leaves 48 left if you count us two, sheez ....I'm beginning to feel much better
Marc