Observations that have been seen about NGC coin grading.

Fairlaneman

In the last year or so what have you folks noticed if anything ?

Lately a few newer slabs, NGC, have been purchased and it really appears that the standard they, NGC, grades to has been bumped up a notch. Right now I would say NGC's standard for Mercury Dimes is exactly the same as the PCGS standard.

Here is betting a few of the older members here thought this would never come from my mouth.

Take Care.
Ken

Russ

<< <i>it really appears that the standard they, NGC, grades to has been bumped up a notch. >>



I'm seeing the same thing in the early date (1964 to 1970) Kennedy Half Dollars.

Russ, NCNE

GAT

Rumor has it, that it's a result of Rick Montgomery's move from PCGS to NGC.

Russ

<< <i>Rumor has it, that it's a result of Rick Montgomery's move from PCGS to NGC. >>



The tightening I've seen is much more recent than that.

Russ, NCNE

FC57Coins

I've seen a dramatic improvement in the grading of Franklins over there - and to some extent Morgans - although there is still room for argument on the latter

Fairlaneman

<< <i>The tightening I've seen is much more recent than that. >>



Same here. From the last 6 that were purchased, which were all recently graded, maybe a look should have been taken a little earlier.

One other observation is that they are grading according to strike and not according to eye appeal as much. More in line with the published standards from years ago. Is Total Market Grading a thing of the past ? Sure hope so.

Ken

rainbowroosie

No, a change in standards is NEVER GOOD....before you could submit to NGC expecting a certain grade...this has changed...well, what about the millions of coins graded previously???? CREDIBILITY HAS BEEN LOST.....any service loses credibility when they change standards because they can't change the coins previously holdered....bad move NGC.

Fairlaneman

Improvement always seems to be a real Bum Item......

A little change in the standard has atleast drawn one more customer for the coins they slab. Now I can look at both NGC and PCGS slabbed coins with out always wondering just how good the NGC slabbed coin is. Of course this is only for the recently slabbed coins from NGC.

I guess RR was correct. Changing standards is not a good thing when Millions of previous coins are in circulation.

Ken

TWQG

<< <i>because they can't change the coins previously holdered >>

-Therein lies the beauty of this plan. Shifting grading standards keeps the re$ubmission game going.

Dave99B

I believe ACG has also loosened quite a bit (is this possible) ?

Dave

Russ

<< <i>well, what about the millions of coins graded previously???? CREDIBILITY HAS BEEN LOST.....any service loses credibility when they change standards because they can't change the coins previously holdered....bad move NGC. >>



No different than PCGS. I've bounced plenty of their coins that were graded several years ago during their sloppy period. I won't buy an early date PCGS graded proof or SMS Kennedy in the blue label holder with the bar code on the back sight unseen - unless I'm stealing it.

Russ, NCNE

Shamika

Interesting. I noticed not too long ago that Buffalo nickels seem to be a little more conservatively graded, but I thought it was just me.

dorkkarl

<< <i>In the last year or so what have you folks noticed if anything ? >>

i've noticed png logos on the back of the slabs.

K S

FrattLaw

I've noticed the same in regards to my beloved Peace $ as well. It isn't a dramatic change, but they are a bit tighter.

Michael

keets

regarding Jefferson Nickels, they have actually lowered their standard by beginning to holder and designate as 5 Full Steps. in a way it's a good thing. past that i see no change.

al h.

marcmoish

i've noticed png logos on the back of the slabs. was waiting for ya


Ken,

I have not yet seen it but I believe what you are stating - I do believe it will be difficult as RR mentioned so many coins - well lets say one sries I know - Merc's have ben graded off by at least 1 point - we all know what NGC merc's are like - OK granted PCGS has many off-graded examples too but by and large they are dominant in this series (any many other others) and have been more stringent in grade giving.

In the end, as always you gotta buy the coin of course, that said I know I'l have a problem picking up a super NGC merc in those white holders although that is a separate issue


marc

Fairlaneman

<< <i>Interesting. I noticed not too long ago that Buffalo nickels seem to be a little more conservatively graded, but I thought it was just me. >>



From the replys it looks like the change in grading is just not us.

I see Dave is still hooked on the ACG slabs. Maybe this small grade adjustment that NGC has made will sway him to some other slabs.

Karl ....You look at slabs ?

Michael....That little adjustment NGC has made IMO has taken care of what was always some distraction that I could find on a coin slabbed by them previously. Hits in prime focal points, slide marks on MS65 coins and other trivial imperfections that would knock a coin down a half point or so when I viewed them.

Ken

coinguy89

Well, im not too good at grading or anything, getting better and working on it, but it seems that my NGC graded Morgan dollars graded a few years ago are overgraded compared to what there doing now. But that could be just mine.

dorkkarl

i've also noticed a lot of "shipwreck effect" affecting their coins!

K S

bushmaster8

<< <i>No, a change in standards is NEVER GOOD....before you could submit to NGC expecting a certain grade...this has changed...well, what about the millions of coins graded previously???? CREDIBILITY HAS BEEN LOST.....any service loses credibility when they change standards because they can't change the coins previously holdered....bad move NGC. >>



Very similar to the ANACS problem....they are grading very well these days, but still suffer from the stigma of back when they were looser.

Russ

<< <i>they are grading very well these days, but still suffer from the stigma of back when they were looser. >>



This can create some nice opportunities. For example, an NGC graded Kennedy that somebody picked up for $27, cracked out and sent to PCGS, got the same grade and then sold for $318. Hypothetically, of course.

Russ, NCNE

BigMoose

I have noticed that within the last 2 years, NGC has tightened up considerably on Proof Indian Cents. I have been able to cross several of them, including a 1908 in NGC PR66RD which crossed to PCGS PR66RD Cameo, a pop. 1/O coin in cameo. You have to look at each coin individually, but there are some good bargains to be had in NGC Proof Indian Cents if you know how to grade the series and can spot AT'ed coins.