And Rick Tomaska says.....

IrishMike

"On occasion you may see an NGC and PCGS Coin of the same grade listed in the newsletter. Sometimes, these coins may be virtually identical in quality, but the NGC coin will be slightly lower priced. It is important to note that the lower price does not mean the NGC coin is an inferior coin, but may instead mean I was able to acquire it a lower price than the PCGS coin!"


Maybe what Rick is pointing out is that the market is driving up prices and not the quality the quality of the merchandise. Anyway his weekly report was interesting.

Lakesammman

There are some real bargains to be had in non-PCGS holders, if your interested in the coin. I bought a 67R PCGS IHC at FUN and was offered $10K. I found a NGC 67R, nearly identical, was offered $2K! I'm going to start looking more closely at the non-PCGS coins for some real bargains.

pontiacinf

after watching what Rick M had to say regarding NGC grading, I may start slowly and quietly buying all NGC coins for my set thats a killer but not registerd yet...will shock the heck outta all invoved in that particular series...


LOOK OUT MF'S, IM ON MY WAY

DCAMFranklin

Have you noticed how much of the material being offered at Rick's 3 or 4 Ebay selling id's is in the new NGC Airtight holder? These are newly "made" coins. Personally, I don't believe he's out there buying up these coins. I think R&I is making these coins at NGC. It sure appears they have commited more of their submissions toward NGC. Just an observation.

With Rick M's comments about more strict grading practices, I feel the collector/dealer community may well identify the Airtight holder as a "Montgomery era" coin that will command a price closer to that of the PCGS holder, due to the sticter grading practices. Just another observation.

eagle7

Shh, be quiet about cherry picking NGC and ANACS coins and making them at the same grade at PCGS and making some good money at it. It takes lots of book work and leg work to learn to grade your particular series of coins. If you put the effort into learning to grade coins it will pay off.

IrishMike

DCam those airtights have been out there long before RM abandoned ship.

michael

buy the coin not the holder

sincerely michael

and then sometimes/many times but not all of the times
if you want to make a quick killing get the ngc coin you just bought for the coin not the holder into the same grade pcgs holder



sincerely michael

tradedollarnut

NGC has stated repeatedly that Rick will have to adapt to NGC's standards, not vice versa. I don't expect "tighter" grading out of NGC just because Rick in on board.

Merc

I have to agree with Rick. You can get nice NGC coins and often they are less than an equal looking and graded PCGS coin. I just bought a 1921 MS64 Peace dollar in a NGC holder and it looks great. I saw a PCGS graded one in MS64 that had dark/charcoal toning in the same case. The dealer wanted another $50 for it over the NGC coin.

MadMonk

Isn't Rick a MARKET MAKER?

MacCoin

PCGS has always been over rated and now the same thing is happen to NGC.