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Wow!

newsmannewsman Posts: 2,658 ✭✭✭
in World & Ancient Coins Forum
Just got this back from NGC -- it was a pleasant surprise:

imageimage

The seller had said AU55, and I agree. I never expected it to come back this high -- I was just happy to find one with original surfaces.

On a related note, NGC really needs to work on the quality of its imaging. image

Comments

  • coinpicturescoinpictures Posts: 5,345 ✭✭✭
    Is it just me or is NGC the least consistent of the big 3?

    I've noticed a fair number of NGC slabs that I've seen lately that seem a bit overgraded. Unfortunately I seem to be seeing more NGC than anything else, especially on coins that catalog less than several hundred dollars. I think that people shy away from PCGS because of the slabbing costs and having to go through a dealer, unless the coin is valuable enough to justify the additional expense. ANACS, while being more consistent than NGC (IMO) has a bad rap; people think that by going NGC the grading will be "better".

    It's almost a 55-30-15 breakdown (NGC-PCGS-ANACS) on Darkside material...
    Numismotography

    1/2 Cents

    U.S. Revenue Stamps

    image
  • newsmannewsman Posts: 2,658 ✭✭✭
    My impression is that NGC has become slightly less consistent lately, but they still retain a lot of trust among both buyers and sellers. They held my coins in quality control for two weeks before shipping, and I suspect they may have consulted an outside expert on some of them, so I reserve judgment on whether they really got any of them wrong.

    PCGS, besides being more expensive, grades most world coins very tightly, so I could see why sellers prefer NGC. I don't trust NGC for Canadian because I think they consistently overgrade by a couple of points compared to the market. PCGS seems closer to what the Canadian market expects (also British).

    As for ANACS, I think they are pretty strict and underrated on world coins.
  • coinkatcoinkat Posts: 23,429 ✭✭✭✭✭
    neat coin and decent result...

    Experience the World through Numismatics...it's more than you can imagine.

  • ajaanajaan Posts: 17,454 ✭✭✭✭✭
    I think you are seeing more NGC slabs because dealers don't want to wait 3-6 months to get their coins back from PCGS. The fees for PCGS and NGC are not that different, $18 compared to $16.50.

    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • IlikeZARcoinsIlikeZARcoins Posts: 901
    I, too, have noticed a lot more NGC slabs lately and was wondering whether I have joined the wrong grading service. I joined PCGS because they had the highest confidence rating out of the grading services in a recent report. However with a lot more NGC slabs around wouldn't it be easier to buy NGC slabs for your registry set with that grading service ? Also the turnaround times vary hugely.

    Oops - almost forgot....Nice Coin !!!! image
  • josemartinsjosemartins Posts: 88 ✭✭
    Congratulations! Great catch! image
    The obverse of this coin is very tricky, people tend to undergrade it because of its design, and full strikes are scarce with large portuguese silver coins (500/1000 reis and 50 cent./1 Esc.) even in common UNC coins (try to get a full hair Carlos I 500 reis coin even from 1891 or 1896...), i've seen a couple of these coins in a slab and it seems to me that the graders pay more attention to circulation signs (contact marks, bumps, nicks...) than detail.

    Jose
  • CoindexterCoindexter Posts: 1,074
    If you happen to collect modern world coins PCGS is the cheapest TPG.

    NGC - $16.50 (assuming the modern in question is valued under $300)
    ANACS - $16.00 (valued under $500)
    PCGS - $14.00 (world modern tier, valued under $300)
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