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Has Anything Caused You To Change Your Mind Regarding PCGS? NGC? SEGS? ANACS? PCI? NTC?

braddickbraddick Posts: 24,205 ✭✭✭✭✭
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?

peacockcoins

Comments

  • braddick
    What does the " * " add point wise to the NGC registry sets.
  • mbbikermbbiker Posts: 2,873
    ANACS gets my vote above PCGS or NGC old PCI great deals there NTC/SEGS/ICG only if it's a cheap toned coin or circ. coin.
  • For my high end coins(registry sets) I will use PCGS or NGC for something like state quarters I use ICG because of the price differences. Plus the quality out of the mint on the state quarters does not merit a PCGS or NGC premium. I have never used the others.
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    My opinion is still the same and its based on my own experience and those of my friends.
    See what is always written below -Brian- and you will know my answer.

    Brian.
  • ARCOARCO Posts: 4,420 ✭✭✭✭✭
    I have recently come to the conclusion that PCGS is the undoubted king of consistent grading. Sure they have some turds, recently I have bought about 6 circulated Barber coins each holdered in NGC and PCGS slabs. The PCGS slabs rock for the grade given. Almost like they are grading at the standards twenty years back. NGC sucks and can't even grade the easiest coin to grade in circulated condition.

    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
  • When I am buying I like PCGS, NGC and ANACS in that order. I have found some very good deals in all three holders and I have found some problem coins in all three holders. The others I dont usually mess with but I am unafraid to take a long look at the early PCI coins. Lookd at an SEGS ten indian once, graded ms63, would have been and AU58 at ANACS and NGC and a BB at PCGS(hairlines). Dont know about SEGS silver or nickel coins, never looked at any.
    In an insane society, a sane person will appear to be insane.
  • braddickbraddick Posts: 24,205 ✭✭✭✭✭


    << <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

  • RampageRampage Posts: 9,487 ✭✭✭✭✭
    I have taken a strong liking to ANACS for lots of coins (errors, varieties, Morgans, etc.) For my personal collection, I do not mind any of my coins being in an ANACS holder, but for selling certain coins, of course they must be in PCGS holders and no substitute there.

    For my IKES, SBAs and SACS, I like PCGS.

    NGC is okay for my proof Franklins.
  • darktonedarktone Posts: 8,437 ✭✭✭
    I buy almost all coins raw and I have the nice stuff certified for my collection or to sell. I have used PCGS,NGC, ANACS,PCI,ICG and even ACG once. For my purposes NGC has been the best and they give the grade I expect almost every time and I guess that is what I am looking for in a grading service. mike image


  • << <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.
  • ms71ms71 Posts: 1,546 ✭✭✭✭✭
    PCGS has always been the most consistent IMHO, and they remain on top. Word is that NGC has "tightened up", but I can't see how they could do that to any great degree. If they did, many of the older slabs would immediately become "overgraded", and they would be liable under their guarantee. I will look at NGC and ANACS slabs, they are usually OK and I trust them for judging coins as genuine. I do not trust ACG or NTC even for that. SEGS and ICG are non-players for me, I just don't see enough of their material to make a judgement.
    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.
    Successful BST transactions: EagleEye, Christos, Proofmorgan,
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  • I am only interested in the coin so the holder does not make a lot of difference, you can find nice coins and bad ones in most holders. Here is a bad example of PCGS PR 66 I don't see how they could grade this coin 66 with such a large scratch on back and the scuffs on front PR66??
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    After seeing how PCGS grades toned vice high luster white coins, I wonder if they really know how to grade.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    the TPGs are just an opinion and a nice holder, not the be-all and end-all of collecting. I have always thought this, and the value of my type coin collection is mostly in the coins, not the plastic. break 'em out, put em in a sack, jingle them around a bit, hold them "not by the edges", roll em on a table, flip them in the air and call heads or tails, and the're worth pretty much the same as before.

    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

  • FatManFatMan Posts: 8,977
    Even with all the bad mouthing of PCGS around here, my mind has not been changed. PCGS & NGC are top tier. ANACs, SEGS, ICG are mid tier. All others are trash.
  • If I want to tone white coins, I get them slabbed by NGC or ANACS. Those white inserts will tone it up with beautiful reds and blues in less than ten years time.
    redhott
  • flaminioflaminio Posts: 5,664 ✭✭✭
    My opinion of ANACS and NGC have gone up. PCGS, on the other hand, has gone down -- not so much for their grading, but for all the gimmicky things they've been doing. Death slabs are the worst of the lot, but the flag slabs for SQs, signature slabs, and all the other nonsense sours my opinion of them.

    My opinions of ACG, NTC, and the new PCI are already so low it's hard to imagine them getting any lower.
  • BearBear Posts: 18,953 ✭✭✭
    PCGS while still king of the hill, must make some profound changes in the near future.

    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
    There once was a place called
    Camelotimage

  • 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
  • AndroidAndroid Posts: 726
    Bear,

    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 image
    We are finite beings, limited in all our powers, and, hence, our conclusions are not only relative, but they should ever be held subject to correction. Positive assurance is unattainable. The dogmatist is the only one who claims to possess absolute certainty.

    First POTD 9/19/05!!

  • jeffnpcbjeffnpcb Posts: 1,943
    The only problem I have with NGC and the "*" designation, as well with any company adding a new attribute, what does it say for the older holders? Will they accept back my older coins that are graded and decide if they deem the "NEW" attribute? PCGS does hold a better price regardless if the same coin is graded by another! ANACS holds the line for DD's as well as variaties[do they actually in all fact spend more time in review of the coin before grading and in fact makes them the best quality grader].

    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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  • MrKelsoMrKelso Posts: 2,907 ✭✭✭
    In my current state of mind i like them in the following order

    ANACS
    NGC
    PCGS
    MY OWN GRADE



    "The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
  • NGC has gone up. ANACS seems pretty consistent and serves a niche market when someone needs a cleaned coin graded, etc. PCGS is about the same.

    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.

    Honest Abe
  • BearBear Posts: 18,953 ✭✭✭
    Android, I will have to consider your counter argument,

    while I relax and have another jelly donut.
    There once was a place called
    Camelotimage
  • lavalava Posts: 3,286 ✭✭✭
    I only collected pl and dmpl (or dpl) morgans, so in that arena, PCGS is by far the most consistent, although the problem coins I have seen from PCGS are almost always in their older green slabs. ANACS is probably better than NGC for identifying mirrored coins, but NGC is probably better at distinguishing a 63 from a 64 or a 64 froma 65. The other companies are all highly questionable, both in terms of the grade and in terms of the designation for the depth of the mirror. I would take it on a coin by coin basis. ACG deserves special mention, since I have seen them be as wrong as wrong can be. Saw an ACG 1901 ms61pl at Long Beach a few years back. I showed it to the big three graders. The coin was cleaned (not designated on the holder), it was circulated, and it was not fully pl and therefore was not pl.

    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 brake for ear bars.
  • MacCoinMacCoin Posts: 2,544 ✭✭
    My favorites are ICG I like the slab and PCGS I have a couple of registy sets but when it come to buying on line any is better then none. ebay raw coins aren't all the time as wonderful as the sell says.
    image


    I hate it when you see my post before I can edit the spelling.

    Always looking for nice type coins

    my local dealer
  • critocrito Posts: 1,735
    PCGS has the best plastic. One of the two Sacs I recently sent ANACS came back rattling in the holder image I REALLY hate that.

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