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NGC better than PCGS?

So with all this hoopla about PCGS why should i go with them as compared to companies such as NGC?

Comments

  • ShamikaShamika Posts: 18,779 ✭✭✭✭
    The slabs look better.

    image
    Buyer and seller of vintage coin boards!
  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    NGC is good.....

    If you stay with the big two, you will be okay. But you must be careful because you can still overpay for a coin in either holder....

    For resale, in my experience, PCGs sells faster and for more cash........

    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • Because you can decide not to wait 3 months to get your coins back thru economy service while having them turn bad in the flips (happened to me)....and go with a 15 Business day "Guarantee" (as I did this time) ...which really isn't a Guarantee....because they had the Fun show and the Long Beach Show this month. That means your 15 day Business Guarantee....is really a one month flow minimum (I just got off the phone.....and was told my guarantee is 4 full weeks because of the shows). We will see if I get my grades by the date I was quoted...but I won't be holding my breath. I need a new hobby!!
    Marc
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    I much prefer PCGS slab for photography. Get a big shadow at the rim of NGC.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>NGC better than PCGS? >>



    NGC is certainly faster than PCGS.

    Russ, NCNE
  • BillJonesBillJones Posts: 33,942 ✭✭✭✭✭
    If high grade modern coins are your thing, PCGS is the leader. If you collect anything else, it's a toss up.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • DAMDAM Posts: 2,410 ✭✭
    Because NGC hasn't perfected the their Kool Aid.

    PCGS has. image
    Dan
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    Because, if you are a seller, the combination of time at grading plus time in your inventory is still less for PCGS than NGC.
  • PhillyJoePhillyJoe Posts: 2,699 ✭✭✭✭
    Slabs are slabs, but this is important: NGC slabs don't behave in PCGS boxes but both PCGS and NGC fit comfortably in NGC boxes.

    Joe
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    ngc is no better than pcgs. likewise, pcgs is no better than ngc. takes about the same amount time to crack coins out of either.

    K S
  • FairlanemanFairlaneman Posts: 10,422 ✭✭✭✭✭
    If you grade to the PCGS standard you want PCGS. If you grade to the NGC standard you want NGC. Plain and simple.

    Ken
  • LAWMANLAWMAN Posts: 1,274 ✭✭
    PCGS slabs, on average, get better pricing than NGC. Also, if you study them both, their standards vary as to certain coins, ie., FBL Frankies; Jeffs (NGC just went to 6 and 5 step grading), and other stuff. I don't think you go wrong with either.
    DSW
  • DHeathDHeath Posts: 8,472 ✭✭✭
    I guess it really comes down to what you believe. I submit to both, and like both. I've heard the opinion expressed frequently that with moderns NGC is at least ½ point looser than PCGS. Let's say for the sake of rational discussion that you believe that to be true. Last year I submitted two 71 JFK halves to NGC that graded PR69 Dcam. I always PM my grades before I submit, and I counted one as PR69 Dcam, and the other as PR68+ Dcam. They both holdered PR69 Dcam (the only two in that pop at NGC). They were strong coins. I sold the pair for about $2500 (one on Teletrade and one to a good dealer). In PCGS plastic, both would have done BIG money in that grade. Here's the magic, would they have both holdered PR69 Dcam at PCGS? If you believe NGC is ½ point easier, both of those coins might have graded PR68 Dcam at PCGS. That would have capped their value at $300 (roughly). If PCGS is indeed ½ point tighter, I improved my return by $2200. If PCGS had split the pair (one 68 and the other 69), I'd have broken even. In cases where there is a huge premium for a single grade point, if you really believed you'd get a better grade at one service or the other, that service would be your logical choice. Personally, I don't see it as being quite that clear-cut. I don't think the market does either, or the NGC 69's would all sell for PCGS 68 money.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • mdwoodsmdwoods Posts: 5,546 ✭✭✭


    << <i>If you grade to the PCGS standard you want PCGS. If you grade to the NGC standard you want NGC. Plain and simple.

    Ken >>



    Well said Ken.
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • FairlanemanFairlaneman Posts: 10,422 ✭✭✭✭✭
    DHeath made a nice little point if you are slabbing for resale. Not sure it would work with Mercs though.

    The biggest key is what you are sending in for grading and how well you know the differences between PCGS grading and NGC grading.

    Ken
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    &.... neither co. can even come CLOSE if you grade the coins yourself!

    K S
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    hey shanks

    it really boils down to what we each need from a buying, selling or submitting standpoint. each service offers advantages over the other in certain areas and both do much equally as well as the other. i try to keep a positive attitude about things and embrace the choice they offer. i submit coins to both PCGS and NGC and buy coins in each company's holders.

    al h.image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>In cases where there is a huge premium for a single grade point, if you really believed you'd get a better grade at one service or the other, that service would be your logical choice. >>



    Bingo! There are many opportunities where NGC makes more sense. Morgans are a good example. Let's take the 1882-O, (one I have a little experience with). It's about a 10x value jump from MS64 to MS65, then another 8x or so to MS66. Say you have one that is an MS65.5 that would go MS65 at PCGS and MS66 at NGC. Even with the market discounting the NGC holder compared to PCGS, there's still a huge value difference between the PCGS MS65 and the NGC MS66.

    Note: The above applies to a resale situation. I agree with Ken that, for your own collection, one should choose the service that grades most closely to one's own standards. In my case, that is PCGS.

    Russ, NCNE
  • and I agree with Keets.
    and who's to say that in the foreseeable future, NGC or ANACS might start getting better prices than PCGS in the resale world.
  • FairlanemanFairlaneman Posts: 10,422 ✭✭✭✭✭
    opinions Karl all opinions... even yours....image
  • FairlanemanFairlaneman Posts: 10,422 ✭✭✭✭✭


    << <i>and I agree with Keets.
    and who's to say that in the foreseeable future, NGC or ANACS might start getting better prices than PCGS in the resale world. >>



    and for how many more years will this be heard. Sure outstanding examples in NGC and ANACS holders bring decent prices but overall......

    Couple of imageimage so you know I'm not ragging on your opinion.

    Ken
  • Go to Heritage and compare prices of the same grade and date coins PCGS v/s NGC!! image
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    << and I agree with Keets.
    and who's to say that in the foreseeable future, NGC or ANACS might start getting better prices than PCGS in the resale world. >>



    and for how many more years will this be heard. Sure outstanding examples in NGC and ANACS holders bring decent prices but overall......

    Couple of imageimage so you know I'm not ragging on your opinion.

    Ken


    oh, i get it Ken. you were really ragging on my opinion!!image

    al h.image
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    i just think that ngc is as inconsistent as pcgs, & neither will slab my holed roosevelt dimes, so why bother w/ either?

    K S
  • islemanguislemangu Posts: 1,378 ✭✭✭
    Slabs are slabs, but this is important: NGC slabs don't behave in PCGS boxes but both PCGS and NGC fit comfortably in NGC boxes.

    ditto with Registry Setsimage
    YCCTidewater.com
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    ditto with Registry Sets

    Well...uh....unless you wish to win a 'best set' award - in which case your box better be more than half full with the right [white] holder!
  • SeattleSlammerSeattleSlammer Posts: 10,001 ✭✭✭✭✭
    PCGS has the toughest DMPL standards....I've only come across two or three coins in PCGS DMPL holders that I thought should only be PL.....as opposed to NGC, where I often come across DPL coins that look just PL to me, and would most likely grade as such at PCGS.

    But I think NGC does a better job of assigning grades based on overall eye appeal of the coin (including color, SPL surfaces, etc....). While both services are paid to be technical in grading, PCGS is more so.







  • Dog97Dog97 Posts: 7,874 ✭✭✭
    I don't submitt coins to be graded to either company so the turn around times mean nothing to me.
    NGC & PCGS are simply companies that put coins in holders with a grade opinion (i.e. value) that I find handy when buying & selling coins.
    I only buy my poptop Moderns in PCGS holders but the only reason I feel that way is because when I first started collecting poptop Moderns only PCGS was slabbing them. NGC had an attitude that they were junk & worthless and refused to slab them so NGC failed to provide me, the customer, with a needed service so PCGS got my niche of the market. That still haunts them to this day, that's why they are 2nd runner up in the Modern market.
    As far as my Morgans & my 1897 material I don't see any difference between NGC & PCGS when it comes to Barbers & regular white Morgans.
    On my toned & DMPL Morgans there is a slight & ever changing difference between companies on bumps for color or qualities of mirrors but I know the differences so that's no problem to me so I'm not going to say 1 company is better than the other.
    Kinda like having 2 girlfriends and trying to decide which one to marry; The big fat sweet one that cooks & cleans your house, has a job, car & takes care of your kids
    or
    the 36-24-36 centerfold bitch model nympho that doesn't know to cook, clean, feed the dog, take the trash out, has a sucky personality but all your friends go drool drool youre a lucky man.
    Both have their advantages & disadvantages. image

    PhillyJoe cracks me up when he says "Slabs are slabs, but this is important: NGC slabs don't behave in PCGS boxes but both PCGS and NGC fit comfortably in NGC boxes."
    So I keep my whole 1897 set together in NGC boxes because it has PCGS big & small, NGC, & ANACS holders and I can line them all up in the box by denomination, grade, & mintmark.
    I have 1 PCI holdered Morgan and I'd like to keep it in the PCGS boxes with all my other Morgans but hell no, the damn lid won't close then so I have to have a complete whole new NGC box to keep it in. Sometimes I stick it in a NGC box with my other NGC stuff but then I can never remember which box it's in & I have to pull every damn box out of the safe & look inside until I find it. GRRRRRR......

    Change that we can believe in is that change which is 90% silver.
  • LALASD4LALASD4 Posts: 3,602 ✭✭✭
    Dog97, very funny, I think you should marry both, each one have their own functions and they do not overlap.
    image
    Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
    San Diego, CA


    image
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Dog... why buy the cow, when the milk is free.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Dog97, very funny, I think you should marry both, each one have their own functions and they do not overlap. >>



    I'm pretty sure a lot of that goes on in the state where he lives. Mostly just first cousins, though image

    Russ, NCNE
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    Hey Russ you been over to see uncledaddy lately?
    Change that we can believe in is that change which is 90% silver.

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