Poll: Would PCGS coins command the same market premium if NGC coins were allowed in the PCGS Registr

mercurydimeguy

Thanks for participating

ColonialCoinUnion

Of course they wouldn't.

BAJJERFAN

I would guess that the Registry involves just a tiny fraction of all of the PCGS coins ever graded. I doubt that the Registry is the big driving factor behind the market for certified coins.

Fairlaneman

Top Pops might take a little hit. Overall PCGS graded coins would hold up IMO.

Ken

mercurydimeguy

Another forum member and I were discussing the possibility of a more noticeable divergence in grading of certain series' PCGS and NGC coins.

I can't necessarily say that I would prefer an equally graded PCGS versus NGC coin (generally speaking, of course) as comfortably as I could say a year/two ago.

In fact in certain instances/dimensions it appears as though NGC might actually be tougher.

But because the lack of NGC's ability for inclusion in to a PCGS registry set...well, you get the rest (basically the topic of this poll).

MrEureka

Of course not. All it takes for the premium to fall (just a bit) is one PCGS collector that settles for one NGC coin.

A more interesting issue is the extent to which the premium would fall.

jcping

Buy the coins not the holders.
The two companies have different grading standards. For me, the premium comes from the standard differences.

mercurydimeguy

<< <i>A more interesting issue is the extent to which the premium would fall. >>



That IS interesting

mozin

I think the premium on upper grades, those likely to be placed in Registry sets, would drop noticeably. There would be no need for the PCGS Registry if it allowed NGC coins, would only duplicate what is already in the NGC Registry.

DMWJR

<< <i>Buy the coins not the holders.
The two companies have different grading standards. For me, the premium comes from the standard differences. >>



I agree with this statement.

However, I will say that it would have a substantial effect on some coins like PR70 material, where the difference between a 70 and a 69 is only on the holder. If I could finish my 09-present proof Lincoln set out with NGC PR70's at $100 each, I would gladly do so.

At the other end of the spectrum, there is as much as 2 points difference consistently in the grading standard between PCGS and NGC on 09-68 proof Lincolns. Some 50-58 NGC DCAM's may not even get a Cameo at PCGS. The differences are huge at that end.

mercurydimeguy

<<Some 50-58 NGC DCAM's may not even get a Cameo at PCGS>>

Some PCGS DCAM's might not CAM at PCGS (either) if they were cracked out and resubmitted back to PCGS.

fcloud

If you really buy the coin as I have seen written many times, it should simply cross. With that said. I don't think it matters if they allow them or not.

cointime

I voted no. This is my answer for the most part (if PCGS allowed NGC coins in their program) but there will still be situations where PCGS coins would still get the strong money.

I think that the real collectors will strive to find a coin with the best strike and eye appeal no matter what name is on the slab. That said, there are "IMO" a good few that are caught up in the race to compete to 100% completion or at least for numbers in the registry craze.


I do see your point that if NGC coins were allowed that coins in higher grades in PCGS slabs could not be sold for moon money because of the ability to buy from another grading company. I do still think as stated by others here that in several series that PCGS has a higher standard and it takes a coin with more flash (like originality and eye appeal) to make it into their holders.

Ken

Lakesammman

The PCGS coins are better coins. It has nothing to do with the registry.