Should PCGS start net grading damaged/corroded coins?

dan1ecu

If PCGS started to net grade damaged or corroded coins, they'd get an awful lot of business from people trying to cross ANACS net-graded coins. Do you think we'll ever see it? Would it matter to you?

Dan

goose3

Net grading sucks to put it bluntly.

NCS does it right as far as I'm concerned. I don't need someone to essentially place a value on a coin. Leave it to the buyer to determine how much any problem might affect the value.

I will never use anacs again as long as NCS is in business.

Plus NCS's holders are fantastic looking.

newsman

No, nyet, non, nao and nein!

MrEureka

The problem with net grading coins with big problems is that the net grade communicates very little about the coin's qualities. NCS has it right.

Baley

I think PCGS would rather leave the problem coin segment of the market to ANACS, NCS, and the 3rd tier.

I'd vote NO.

michael

NO,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,


but currently pcgs and ngc does net grade lots of damaged coins!!!!


sincerely michael

dorkkarl

get real - they already do!!! the problem is that they don't TELL you when they do. so, they are inconsistent, which flies in the face of what most of the adulating public thinks.

K S

Higashiyama

Actually, I think PCGS has it about right now. For very early coins, they clearly engage in some net grading, and I think it is the right policy. I have a 1796 dime with a strong strike an AU details. It is graded XF45 by PCGS, probably to reflect a few pinscratches on the reverse. As a 20th century coin, it would have been bagged, but I believe it was the correct decision to slab this one, and the net grade is plausible.

Barry

<< <i>I don't need someone to essentially place a value on a coin. Leave it to the buyer to determine how much any problem might affect the value. >>


Karl is absolutely right. It works both in up- and downgrades and is called market grading.