A lot of people do not trust NGC over PCGS do they? I was browsing auctions realized and I was amaz

TheLiberator

...more pcgs coins go for over their NGC counterparts. (Not ALWAYS of course.) Oftentimes, there was almost a third difference in price for the "same" coin. Interesting huh? Have you guys noticed this?

Russ

That's changing.

Russ, NCNE

dorkkarl

also, if pcgs is undergrading coins, that is NOT a good thing. people on the floor have an opportunity to look at the coins in-hand, & if a coin's blatantly undergraded, of course it'll garner higher bids.

dunno how you think the word "trust" is part of the issue here....

K S

TheLiberator

I used trust because I think that is also a factor. I still think that there are many people (collectors mostly...not dealers or crackout guys) who just don't trust them as much. However, I understand your point!

ColonialCoinUnion

I've noticed it, for years. In general (i-n g-e-n-e-r-a-l), an NGC graded coin in my specialty is not as good as a PCGS coin of the same grade, or even two grades lower, and sometimes the disparity is greater than that.

Its such that if a coin is in an NGC holder, I'm assuming its an overgraded POS even if it isn't. Do you know what I mean?

LeeG

Buy the coin, not the holder. I've picked up some real nice NGC coins at great values due to certain "Perceptions". Lee

relayer

That's before the PCGS price increase

Deadhorse

<< <i>Its such that if a coin is in an NGC holder, I'm assuming its an overgraded POS even if it isn't. Do you know what I mean? >>



No, I don't.

Many bargains can be had on NGC coins. I used to crossover some of them but not anymore and I don't mean because the coin wouldn't cross.

It's just not worth it to me as much as it used to be.

ScarsdaleCoin

Ditto ....buy the coin, not the holder!

I could show you a 3 cent silver that could not sell for $7-$8k for years that was in a PCGS PR64 holder and now the same coin is up for $11k in a PCGS PR65 holder........I wouldnt buy it the past few years as a 4 because I thought it was a dog now I should buy it for more because it was worked over......at least in the 4 holder it was original.......

etexmike

I think that NGC is catching up with PCGS and they had better watch their backs.

For the time being there are still bargins to be had in the NGC holders. I don't think it will stay that way for long.

-----------

etexmike

Elcontador

For this discussion to be meaningful, you have to specify which series and grade(s) of coins, and also when they were graded. I am glad that some people have this misconception about NGC. Over the last few years, I have been able to buy some really nice NGC coins for less money than I could pick up so-so coins in the same grade which were in PCGS slabs.

In general, look to spreads in the Bluesheet to compare PCGS & NGC coins. Where the spread is the greatest, chances are that the average PCGS coin in a particular grade has more eye appeal than its NGC counterpart.
For a long time, high grade PCGS minor coinage IMO looked better grade for grade than its NGC counterpart.

It used to be that way re FH SLQs in FH 6, but I don't think this is the case for recently graded coins.

BAJJERFAN

<<"I could show you a 3 cent silver that could not sell for $7-$8k for years that was in a PCGS PR64 holder and now the same coin is up for $11k in a PCGS PR65 holder........I wouldnt buy it the past few years as a 4 because I thought it was a dog now I should buy it for more because it was worked over......at least in the 4 holder it was original.......">>

The reason that dogs end up in PCGS slabs is that when someone pays for a grading opinion they expect to get a grade and to get the coin in a slab. Unless PCGS can find a valid reason to BB the coin they pretty much have to slab it. So in short PCGS slabs dogs cuz people submit dogs.

coinkat

I could show you a 3 cent silver that could not sell for $7-$8k for years that was in a PCGS PR64 holder and now the same coin is up for $11k in a PCGS PR65 holder........I wouldnt buy it the past few years as a 4 because I thought it was a dog now I should buy it for more because it was worked over......at least in the 4 holder it was original....... Scarsdale Coin

Interesting... and pathetic. Another original coin compromised for $$$. Typical and when will it end?

Aethelred

<< <i>That's changing.

Russ, NCNE >>



Why do you feel this is the case Russ?

Russ

<< <i><< That's changing.

Russ, NCNE >>

Why do you feel this is the case Russ? >>



Because NGC is doing their best to "out-tight" PCGS right now and prices (at least in the coins I watch) are beginning to reflect that. There's still a sizable gap, but that gap has been steadily narrowing.

Russ, NCNE

roadrunner

If NGC had the primo registry site this situation would be reversed as long as the grading standards stayed comparable. Since PCGS has the registry people pay more, even far more, to complete the set. No one is paying tons over market value for NGC coins to complete any set, unless their goal is to crack out or cross the coin.

But as a rule, in most series, in most UNC/PF grades, PCGS is tighter.
At least that has been the history over the past 5-10 years.

roadrunner

Aethelred

<< <i>

<< <i><< That's changing.

Russ, NCNE >>

Why do you feel this is the case Russ? >>



Because NGC is doing their best to "out-tight" PCGS right now and prices (at least in the coins I watch) are beginning to reflect that. There's still a sizable gap, but that gap has been steadily narrowing.

Russ, NCNE >>



I tend to agree, however I believe there is more of a gap with modern coins and that is where most of the tightening is taking place. Do you believe NGC might catch PCGS?

DHeath

Being honest, and maybe a little simple, I don't know how anyone can determine what a coin's worth based on the holder, so it seems a mute point to me. If I believe PCGS under/overgrades a coin, I'll count the coin at what I believe it is, and the same for NGC. Frankly, they sometimes change their own mind on resubmission.

100proof1957

I think the whole bias thing is a load of crap !

I still think My NGC coins will hold theyre own against PCGS stuff any day.

Course we are fixing to find out very soon,i have 5 high grade Proofs in for x over at PCGS.

And yes,they are posted on the super secret page !

roadrunner

There are lots of internet bidders out there who can't see the coin's technical qualities, yet they bid on them. And those numbers are growing. Hence, the labels and the grading service play the major role along with photo-eye appeal. The rest is not very important to what an I-net bidder will do.

The fact that PCGS has the only registry that counts plays the biggest role. You cannot escape it.

roadrunner