NGC vs PCGS

TerrapinWill

Two questions

1. Which is better or more reliable...PCGS or NGC?
2. What would be a fair price for a set of Silver Eagles in MS-69 condition, graded by either service?

100proof1957

Stop watching Coin Vault !

CarlWohlforth

Both services are good. Since grading coins is an opinion both can make mistakes and neither is perfectly consistent.

You can get a good idea of fair value for MS 69 Eagles by searching for them on eBay and/or on dealer web sites. Don't forget to include shipping costs when calculating how much you might pay for them.

kryptonitecomics

Both are reliable, but PCGS typically sells for more. I don't purchase bullion coins, so I am unsure of what a fair market value wold be for a set of MS69 eagles...sorry. You could try looking on Ebay ???

fivecents

Welcome to the boards.

When it comes to modern coins like Silver Eagles PCGS is the better choice.IMO

IrishMike

A question you have to ask yourself after you research prices and I strongly recommend you do that and Teletrade is a good place to start, is what amount of risk do I want to assume? You can pay a whole lot more for the same coins in PCGS holders and hope that their value doesn't decrease. It might as these coins are stamped out in the millions and if they do get more popular more will be sent into be graded thus increasing the supply and affecting resale value. Remember that the only way these will maintain value or increase if they number of collectors increases faster than the supply of graded coins. At some point equilibrium will be reached again. This could be a higher level or lower level.

If you purchase these coins in NGC holders, you will have less real dollar risk because you paid less if the value goes south and if prices increase then you will reap less. I have seen many modern sets get sold at losses and some at gains. You just don't read much hear about those sold at losses.

solid

Which is better, Chevy or Ford?

I went to www.tulving.com to see if he offered complete sets of ASE's,
but couldn't find any.

I did find this, however...1 kilo Gold Roosters from Australia!

michael

pcgs vs ngc????

well for me if i look at a coin and if i like it lots!!! and also the price then the coin is for me

then if it is in a pcgs or ngc holder .................

just a plus for me as the holder in general is good protection for a coin and in the current market these holders are a comfort with their acceptance and implied guarantees


michael

michael

as for your second question somewhere between double and two and one half times melt

michael

TUMUSS

<< <i>Stop watching Coin Vault ! >>

Newmismatist

<< <i>Which is better or more reliable...PCGS or NGC? >>



Both are equally accurate (about 75-80%) - High-end NGC coins are often crossed to PCGS holders giving the appearance that NGC grades "looser". But if you consider that say an MS 65 grade would range from 64.9 to 66.1 (a real high end 64 could well get called a 65, and a low end 66, could "just miss"), and many of the NGC coins in the 65.7 to 66.1 range are crossed (or at least many are tried for crossover), it is likely the the remaining population of NGC coins will give the appearance of being lower in over-all quality for the assigned grade and conversely it will appear that PCGS has more high-end coins for the assigned grade. But the initially grading accuracy is pretty much the same when initially graded.

Think of it like 2 bottles of milk from different cows - if you skim the cream from one bottle and put it all in the other bottle, if you just look at the end result, you're gonna think that one cow produces more cream - they actually produce the same amt of cream, its just that it mostly ends up in one of the bottles because of the preception that PCGS coins are worth more money.

nwcs

Both grade quite consistently to their own particular standards which are similar but not exactly the same.

MORGANHUNTER2

What about throwing in 2 more tpg's to the mix- Anacs, ICG. Make it a 4 way vote.

IrishMike

The only thing consistment about ICG is that they are inconsistent.

MORGANHUNTER2

The only thing consistment about ICG is that they are inconsistent.

What are they inconsisitent about?

dthigpen

IMO, ANACS should be rated right along side NGC and PCGS, with ICG being one notch below those three, and all others below them.

kieferscoins

ANACS does a very good job at grading!

Cameron Kiefer

JRocco

Back in the 80's when I was buying every 66 Merc and Frankie I could find, I always discounted NGC by at least 1 grade. A 66 PCGS always looked better than a 67 NGC and the 2 slabs sold for about the same so I assume dealers knew -at that time- that there was a more liberal grade given by NGC ( at least on those 2 series). Looking back now, I should have grabbed every 67 NGC instead and sold them today for the 1 grade premium, because everyone looks at these 2 older slabs the same-AND THEY ARE NOT. I do think that they have found a much closer ground now, but looking at those old rattlers- there was a difference.

MORGANHUNTER2

I ask the question mainly in part, that if these 4 companies formed an alliance, there locales are perfect when you think of it- grading as we see it today takes over a month under a somewhat cheaper submission. They have as you look, a territorial sector that could significantly cut down grading times, and returns to the submitter.

When you think about if for a moment- say I'm living in Kansas, (ICG) the shortest time span that I would or should see depending on what is submitted could logically be turned around in 6-8 days in economy.

Personally feel that this would be a reasonable time frame. If you live in say New Hampshire- send to Ohio(Anacs), Texas- send to NGC, Oregon- send to PCGS, split the state into 4 and let each have a fair market share, NOW if you don't like the grade from one of the consortium- and you want to submit to the other the price should triple but the run time remain.

I know this will stir some hellacious controversy.....

PhillyJoe

If your looking for silver eagles, I think 95-99% will fall into the ms69 category at either service and I would buy based on price. The population at ngc for ms69s is in the thousands for most years so there should always be a decent supply.

Joe

TheNumish

I have 1986-2004 Silver Eagle sets graded MS-69 by NGC I'd sell for $535. Comes in the NGC box and includes shipping. These are all coins I graded and are nice spot free coins. PCGS sets would run at least $700 for a decent set. I don't have any of them right now.