Grading Accuracy (PCGS and NGC)

pmh1nic

Let's stick with PCGS and NGC. What percentage of coins do you believe are accurately graded by PCGS and NGC? 70%, 80%, 90%...

dorkkarl

i agree w/ them 90+% of the time on close-collar strikes, 50+% on open-collar strikes, 5-10% on colonials

K S

MadMonk

<< <i>i agree w/ them 90+% of the time on close-collar strikes, 50+% on open-collar strikes, 5-10% on colonials

K S >>



I DISAGREE! 90.4935692473813% is closer to the mark!

IrishMike

There is no way to offer an accurate opinion until they start dating the slabs. Grading standards are a moving target over time. Many of the PF70 DCAMS that PCGS graded in the 90's wouldn't grade that today. Classic coins of great rarity have moved up 2-4 points over time. So many coins are messed with then resubmitted and turn in the holders and we have no idea what they looked like when submitted. On the day that the coin was submitted I would say that 90% are most likely graded correctly and with the 10% that aren't many of them are liners. Toned coins can be easily overgraded because of scratches etc covered up by the toning.