Which service for key dates?

Veep

For high-grade coins, I've always used one of the two leading services. Now, I have a half dozen borderline uncircluated key date quarters to be slabbed. I could save a little upfront with ANACS. However, in this state of condition, would an ANACS certification be worth as much in the market as that of PCGS or NGC?

In deference to all of the good points made in Russ' "Value of Plastic" thread, I'm really interested in what your experience has been. I have a decision to make and value your input.

Thanks,
Veep

jbsteven

go pcgs/ngc only

lincolnSence

I wouldn't put dog doo in an NGC holder I detest them so much!!!!!!

LucyBop

hey in a ACG holder sounds like you'll get ms67's!

291fifth

The coins will be easiest to resell in PCGS holders. Either NGC or ANACS will probably do just as good a job of grading them but the market wants PCGS. NGC and ANACS really need to start addressing the issue of market acceptability. Just why aren't their coins as market acceptable? In some cases, such as modern commems, ANACS is probably the most conservative of the grading services yet its coins do not bring premiums and may even sell at a discount.

Veep

I think that I fully understand the positioning of the services within the market (rightly or wrongly). I'll leave that debate to others. I guess that my real question is: For key date coins that are AU58/MS62 does the market still reward the PCGS slab with a higher price than NGC or ANACS? I know that is true for most of my coins in the MS65-67 range.

Thanks again.

291fifth

Yes, the PCGS coins will be the easiest to sell.

jdimmick

Hands down, PCGS coins wil bring more money!

Baley

depends on the coins. what are the dates?

blanket statements that PCGS coins are easiest to sell and bring more money are generally true, if you hold every other variable constant, that is, the number on the slab is the same

but if it's a decision between a PCGS AU58 and an MS 61 or 62 in another holder, it might not be so easy.

coinkat

This is a real tough call without knowing what the coins are... to offer the best possible opinion/thoughts as to which service to use, that information would be helpful. You may not even want to use the same service for all the coins.

If the coins are "quality for the grade" coins, I would consider PCGS first. If in your mind you feel that the coins are a certain grade and do not have that chance at MS61 and 58 is it, Iwould use PCGS.

Veep

The coins are 1932-D quarters.

291fifth

One of my local dealers recently commented that if he was offered three coins, a PCGS, an NGC and an ANACS, all of which were the same grade, he would buy the PCGS coin even if it were inferior to the other two. PCGS coins are much easier to sell and all he is concerned with is fast turnover.

originalisbest

I would love to submit some of my best Indian cents to PCGS - would just LOVE to. There's just one problem; I do NOT trust them to not put a big, fat, greasy fingerprint on one of them. It does not matter that they would make it right; I know they would. But I just won't allow a coin I intend to keep, for a long time yet, to potentially be treated thusly.

I suppose that if I were wanting to sell NOW, that would be different; I suppose I'd submit and let the chips fall where they may. But until that day - until I see and hear, on this board, absolutely concrete signs that PCGS is putting an ABSOLUTE stop to their fingerprinting problem - and not merely excusing it - none of my raw coins will go to them. And hardly a noticeable loss to them, to be sure.

I continue to happily buy nice coins - sometimes they are PCGS, sometimes NGC, sometimes ANACS, sometimes raw. There's no set pattern; I'm looking for the nice coin, not the holder. The holder can always be changed, if you want to lay out the bucks, and accept perhaps a potential grade risk... not to mention the risk of fingerprints.

DHeath

The grading for all three services is very similar in the AU58-MS63 range. That said, PCGS is expected to sell at full retail, and NGC-ANACS are sold at a percentage thereof. I believe grading variance is negligible in that grade range, so put them in the most expensive plastic. JMO

Veep

Thanks for all of the opinions. It was my feeling that the top three services graded similarly in that range, but I wasn't sure if there would still be a marketprice difference. It seems to me like there shouldn't be, but I'm just one guy and the market is the market. I'll be looking them over again this weekend and most likely be sending them off to PCGS. I'll report back the grades.

callawayc7

Honestly, when I look for a key coin it has to be in either a PCGS or a NGC slab. Yeah, I know "buy the coin not the plastic". But I rather buy the coin AND the plastic. I wouldn't buy an undergraded or low eye appeal PCGS/NGC coin either.