NGC vs PCGS in peace dollars.
PutTogether
Posts: 2,141 ✭✭✭
I've got a few peace dollars in older PCGS holders, and a few in newer pcgs holders. Do you think on average NGC would give a point higher? Some of them, like the 34-S have HUGE spreads for a point, granted im sure there's an NGC discount, but im in the process of cleaning the collection out a bit to make room for some other stuff. Whats everyone think?
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Cameron Kiefer
We just sold an 89cc in NGC on Ebay for 4600.00 in au50..
same coin in a PCGS holer is over 6k...
Larry
POB 854
Temecula CA 92593
310-541-7222 office
310-710-2869 cell
www.LSRarecoins.com
Larry@LSRarecoins.com
PCGS Las Vegas June 24-26
Baltimore July 14-17
Chicago August 11-15
roadrunner
Thanks for letting us all know.
<< <i>... Do you think on average NGC would give a point higher? >>
if you put it that way, no.
As for the better dates, at least in the Mint State grades, the graders in both services are well aware of the spreads from grade to another. As a result they have a strong incentives NOT to push a coin into the next higher grade when it means hundreds or thousands of dollars.
If I'm buying a coin say less than $ 500, I'll purchase it in either slab. If it's over $ 500, I try to go PCGS only as very high dollar Peace $ in NGC slabs are a difficult purchase. You have to know what you are buying and if it's truely at the grade on the slab. For purchases over $ 500, you really have to buy a coin in a NGC holder that is undergraded in my opinion for it to cross......
<< <i>I always look at it this way....
If I'm buying a coin say less than $ 500, I'll purchase it in either slab. If it's over $ 500, I try to go PCGS only as very high dollar Peace $ in NGC slabs are a difficult purchase. You have to know what you are buying and if it's truely at the grade on the slab. For purchases over $ 500, you really have to buy a coin in a NGC holder that is undergraded in my opinion for it to cross...... >>
As a dealer, I'll tell you that it does not make any difference whether its a PCGS or an NGC slab, it's the COIN that matters. I've sold 1893-S and 1895-P dollars in NGC slabs for premium level, 5-figure prices. So far as I'm concerned cross-overs between PCGS and NGC are a waste of money. AND as to how the cross-overs went, I've seen PCGS refuse to cross NGC and I've seen NGC refuse to cross PCGS. The most extreme case I heard was where a collector wanted to cross a Pan-Pac $50 gold slug from PCGS to NGC to make his set look uniform. NGC won't cross it.