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a PCGS vs. NGC observation about the FUN show

DennisHDennisH Posts: 13,991 ✭✭✭✭✭
Along with the HUGE number of dealers who set up at the recent FUN show in Florida, perhaps my lasting impression was something I noticed even before I finished walking the first aisle on the bourse floor:

Coins in NGC holders easily outnumbered coins in PCGS holders... my estimate is by a 2:1 ratio.

For all of us who continue to anguish over the seemingly no-end-in-sight lengthy grading times at PCGS, this probably doesn't come as any surprise, does it?
When in doubt, don't.

Comments

  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>Coins in NGC holders easily outnumbered coins in PCGS holders... my estimate is by a 2:1 ratio. >>


    So...Does that mean NGC is the best coin grading service in the world or are all the PCGS coins just sitting in the grading room in Newport beach?image
  • DennisHDennisH Posts: 13,991 ✭✭✭✭✭
    Paul:

    The pile in Newport Beach grows ever larger!! image
    When in doubt, don't.
  • Some kool-aid drinkers might say the good coins (PCGS slabbed) are sitting in the collections of real collectors and not bought/sold as often.

    Cameron Kiefer
  • BigD5BigD5 Posts: 3,433
    All it means is that pcgs takes too long to grade coins. Period.

    The ratio of ngc to pcgs coins has been the trend at all of my local/regional shows for quite some time.

    You have to have a sharp cash flow in this day and age and having coins out at the graders doesn't help cash flow. For most small to medium sized dealers this is a huge factor in deciding who will certify their coins.



    BigD5
    LSCC#1864

    Ebay Stuff
  • DMWJRDMWJR Posts: 6,006 ✭✭✭✭✭
    Demand for PCGS coins outstrips the supply.
    Doug
  • BochimanBochiman Posts: 25,378 ✭✭✭✭✭
    Nah....PCGS coins would be more for reselling than holding onto image

    When I was searching the bourse floor for my 1955 DDO Lincoln, I saw ~11 in NGC holders, 1 in ANACS, and ~3 in PCGS.
    The NGC were all roughly AU55-MS61BN. The PCGS were all RD or RB and were MS63-MS64 I believe (too much $$$ for me right now....I only wanted to spend $1500-$2000 for a nice one).
    MARK FELD - have you found one for me yet? image

    Lotta bottom class TPG holders though.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    That would tell me that PCGS holdered coins are selling faster image
    theknowitalltroll;
  • imageimage

    Cameron Kiefer
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Thats it Cameron.........No more koolaid for you bub.image
  • imageimage

    Cameron Kiefer
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Good job Cameron...Do you prefer Cherry or orange flavor?
  • Black Cherry.image

    Cameron Kiefer
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    I have made the same observation at local shows, national shows, and in auctions.

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