Has Anything Caused You To Change Your Mind Regarding PCGS? NGC? SEGS? ANACS? PCI? NTC?
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Love them or not- opinions of the various Grading Services change and I'd like to read how yours possibly has. Maybe it was due to a positive or negative experience.
For me- My opinion remains about the same for PCGS and NGC (I've always liked them, with my opinion of NGC bumping up a couple of notches over the last year or so. I'm really taking a liking to their " * " insert designator).
SEGS is coming more into favor with me- especially on circulated earlier material. ICG remains the same- neutral.
PCI remains fourth rate and NTC has ratcheted down on my personal opinion poll. WAY too many "MS69" MintState grades on coins that barely warrant MS64 or so.
I don't trust them.
What say you?
For me- My opinion remains about the same for PCGS and NGC (I've always liked them, with my opinion of NGC bumping up a couple of notches over the last year or so. I'm really taking a liking to their " * " insert designator).
SEGS is coming more into favor with me- especially on circulated earlier material. ICG remains the same- neutral.
PCI remains fourth rate and NTC has ratcheted down on my personal opinion poll. WAY too many "MS69" MintState grades on coins that barely warrant MS64 or so.
I don't trust them.
What say you?
peacockcoins
0
Comments
What does the " * " add point wise to the NGC registry sets.
See what is always written below -Brian- and you will know my answer.
Brian.
I will not ever buy an NGC holdered coin again, unless I could rotate it in my grimey hands and see the detail for myself. If I put together an Unc. set in anything it would be PCGS only
Just my opinion
Tyler
<< <i>braddick
What does the " * " add point wise to the NGC registry sets. >>
NGC awards you with a 25% point increase for the STAR.
peacockcoins
For my IKES, SBAs and SACS, I like PCGS.
NGC is okay for my proof Franklins.
<< <i>
<< <i>braddick
What does the " * " add point wise to the NGC registry sets. >>
NGC awards you with a 25% point increase for the STAR. >>
How would you find a value for a star designated coin.
My 59 Franklin recieved a pr67star and I was told that it really took it up value wise, but I have no idea what to insure it for.
At a show last weekend I was looking for a $5 Indian MS64. In an NGC holder I saw a coin I thought was a stretch for 62, and could have been a 58. I guess they all have problem coins, but this one in an NGC holder really put me off.
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me....
My really nice Unc and Proof coins, however, are a different story entirely. They Need that nice holder to document and preserve the coin. yes the grade is just an opinion, but depending on the service, it is a pretty expert opinion. I have always liked PCGS opinion and holder the best, followed by NGC, then ANACS, all of which are good for certain coins, primarily really nice ones or scarce or rare or a variety. Other coins, which are not so nice, I believe do fit nicely in other TPG holders, and will certainly consider purchasing ICG, PCI, SEGS, and NTC coins, if the coin itself fits in my collection, and is priced fairly for the grade and value that I think the coin really is, and since I'm a little more conservative than the latter 4 companies, it needs to be a pretty good "deal" for me to consider a coin in one of their holders, because I regard their opinion less than the first tier, and more on par with uncertified grades assigned by the sellers.
what's nice about a holder, particularly one of the top tier ones, is that it "locks in" a certain value. A raw high grade coin can get mishandled or otherwise damaged, but a certified coin, even if the number on the holder is off by a point or two in most subsequent observers' opinions, at least carries more weight than the possibly biassed opinion provided by the seller. And of course, in the case of rare coins, its nice to have some authority behind claims of authenticity.
none of these views have changed much since the advent of slabs, other than the profound change slabs themselves wrought (I've been collecting since 1978 and did suffer a bit from the grading revolution of 1986, when lots of my gems became choice, and lots of my choice became sliders)
what's changed and refined is the particulars of the services and their standards, and my mind has tried to keep up with them.
Liberty: Parent of Science & Industry
My opinions of ACG, NTC, and the new PCI are already so low it's hard to imagine them getting any lower.
Instead of the * used by NGC for superior appearence only. PCGS must institute a PQ status
for coins that are at the top of their grade but not quite ready for the next higher grade.
Thiswill accomplish a number of positive results that will be beneficial to collectors, dealers and PCGS.
It will establish a new catagorie for top tier coins, it will allow PCGS to award a form of upgrade to
deserving coins while leaving them in the same grade. It will increase the value of many coins which are
tweeners and deserve the recognition. Finally, by markedly increasing the rewards to
dealers and collectorswill increase submissions. This will occur as almost every coin PCGS
has graded will be resubmited for the PQ status. You would then have happy faced at the grading desk
instead of the scowels and angry murmering. A company either innovates or it dies on the vine. It is my
hope that David Hall really takes charge and drives changes that are not only profitable for the
company but exciting and beneficial for the collecting public. A hopeful Bear
Camelot
My experience has been that the old PCI holders are great buy (4 out 0f 6 upgrade recently) PCGS, NGC and ANACS are the most consistent but never forget the other companies as there are some great finds to be had if you are careful and now how to grade
I'm afraid that the "PQ" designation would only cause more disagreement and bitterness toward PCGS. Although I think it's a great idea for getting more submissions (hence more $$) into PCGS, I get the impression it'll be just another cr*p shoot in the same vein as the increased submissions from people trying to play the MS/PR 70 lottery as a result, real or percieved, that PCGS was loosening up on the 70 grades.
IMO,
Andy
First POTD 9/19/05!!
Have any of them made me changed my mind about them, NO, I do trust them all until they give me reason not too!
When that happens, I will resolve to handle the problems with them first, not on this forum board!!
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WORK HARDER!!!!
Millions on WELFARE depend on you!
ANACS
NGC
PCGS
MY OWN GRADE
"The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
PCGS -- well after joining a year and a half ago, I used one of the free grades on an S-vdb I had for about 20 years; you can imagine I know that coin really well. It came back MS64RB. The RB is right. However, the coin is a very strong strike and I have been over it with a 10X and it does not have nick, scratch, or a speck of carbon. So since I needed to send the coin back to PCGS anyway, I put a note in asking if they could share with me the reason it didn't make MS65. Oh, I need to let you know that PCGS labeled the coin a 1909-vdb vs. an S-vdb; just a minor detail for the cream of all graders. So I sent it back to PCGS at my expense since PCGS wouldn't reimburse me for the postage and insurance (it is important to note that PCGS didn't charge to correctly label the coin). Well I got the coin back 1909-S vdb MS64RB, with no answer to my note. Also, never got an expression of sorry or any acknowledgement of regret.
In that same submission, one of the coins I sent in was one of the most beautifully toned Lincolns I have ever seen; a 1919-P. I knew it didn't make sense to slab it since it was an RB, but I did it anyway. The b-bag was marked MS65 and questionable color. I bought the coin in 1977 along with several others at an estate auction. One of those deals where you knew the decedent, he probably got it at the bank, and he stored it in a tin can. A conservative fellow, strictly by the books, not the kind of guy who would mess with a 1919-P. I concluded that if PCGS sees a coin that doesn't fit their color guide, they take the easy road. I hear about the quality, I just don't buy it.
I started sending coins to NGC. They are extremely courteous and helpful; even sent me a coffee cup for Christmas. Last week I sent 36 coins to them and enclosed a proof SBA $ 79-s Type II that I wanted the white haze removed before grading, but forgot to note it. I called them and they actually found the coin and sent it over to NCS and called me to let me know. Regardless of market perception, their grading is as accurate and consistent as any other. I have about the same number of NGC and PCGS coins and IMO the number of overgraded PCGS coins is about the same as NGC coins.
IMO, PCGS does have a superior forum.
while I relax and have another jelly donut.
Camelot
So PCGS is #1, and NGC and ANACS are slightly behind. I have more super nice ANACS coins than NGC, but maybe that is because those just happen to be the better opportunities the days I was buying.
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer