Amazing what the difference the submission level makes......read the story here.

Colorfulcoins

I submitted 55 rosy dimes to NGC. I thought I'd save a little money and submit the 1955-1964 dimes using NGC's Modern tier at $12/coin (saving $4/coin over their Regular tier). Here's the sad story of the results:

Modern: 20 coins submitted
- 17 graded (3 bodybag = 15%)
- average grade MS65.1
- 0% Full Torch designation
- 0% Star designation
- 4 inserts with incorrect date (mislabeled)

Regular: 35 coins submitted
- 35 graded (100%)
- average grade MS66.3
- 47% Full Torch designation
- 15% Star designation
- all inserts correctly printed

Amazing the difference, isn't it? So much for saving $4/coin.

I have to believe that the Modern graders are grading to a different standard than the Regular graders.......what else could explain such an apparent difference? And what do these results say about NGC's quality control (or lack therein)? Just amazing.....

MikeInFL

<< <i>I have to believe that the Modern graders are grading to a different standard than the Regular graders.......what else could explain such an apparent difference? >>



Perhaps the coins you sent to Regular grading were actually nicer than the ones you sent to Modern? Crack them all out, resend them to the opposite grading tier as last time, and then you'll have stronger evidence...Mike

Russ

I've always said that NGC is just as inconsistent as PCGS.

Russ, NCNE

MikeInFL

Russ, There's something deeper going on here, at least that's what I read into Colorfulcoins' post. Inconsistency would have been "averaged out" given the size of the submissions....Mike

braddick

I honestly didn't know NGC had a different set of graders for Modern vs Regular.

Also, carrying your logic to the next step, had you submitted under the express teir they would have all mostly returned MS67*'s!

Tarmac

Inconsistency would have been "averaged out" given the size of the submissions....

You would think. But suppose there are different graders for modern & Regular?

As I have said many times before grading done by humans is not a science. To try and find empirical evidence from results is an exercise in futility.

Crackout dealers recognize this and keep the graders in business with their repeated submissions.

thezookrew

Colorfulcoins - did you in any way sort the coins before you sent them or were they truly a random mix? Also, to you, do they look like they might have been graded correctly or do you think there is inconsistancy (other than the numbers)? Statistically there can be some chance that the results would be like that, but not a very good one.

LanLord

I have a difficult time extrapolating anything from such a small population. It seems that perhaps one group had poor controls through the system.

You would have to make quite a few submissions and them come back with the results to have anything substantial from a statistical point of view.

wayneherndon

Perhaps the earlier dimes were not as nice as the later dates?

kiyote

<< <i>I've always said that NGC is just as inconsistent as PCGS.

Russ, NCNE >>



Consistently so, though...

Fairlaneman

Some of those lower grade toned coins from your submission looked pretty good to me.

Too bad they are in NGC slabs.....

Ken

bidask

<< <i>I've always said that NGC is just as inconsistent as PCGS.

Russ, NCNE >>

Gee, I thought you like NGC Russ! I knew they were not only strict but inconsistent too!

Colorfulcoins

Grade-wise, the pre 1955 coins were no different than the post 1955 coins - certainly not 1.2 points different. Forget about the grade - no FTs? 20% of the slabs mis-labeled. Come on, its apple grading vs. orange grading.

The Modern gys typically grade clad coins - perhaps they don't know silver coins. I don't know bt the evidence from these 4 submissions (2 submissions at each tier) speaks volmes - perhaps not statistically de to the sample size but hey, I only need to see the results from 1 atom bomb to know its an atom bomb - that's a big enough sample size!

Wan to buy some MS66 coin in MS65 holders - see my ebay actions. Want some FT coins in holders not designated FT - see my ebay auctions. Want some coins with insert errors - see my ebay auctions.

onlyroosies

I,m going to go see your ebay auctions, I saw those coins and I would say that the clad graders didn't
know how to grade the silvers. I will never submit silver coins under the modern tier.

Myqqy

These are the kinds of threads that kill my motivation to send some of my nicer raw coins for slabbing.....

rwyarmch

Bodybagged for not having that copper stripe along the edge?

bushmaster8

Thats disgusting! But, good to know, I will steer away from NGC Modern service.

Bear

Is it possible that the company had to have the economy level for

competative reasons but is attempting to force folks to use the more

expensive level?

DMWJR

I think your point is a good one as far as a different set of graders grading the coins. That sounds more logical than a conclusion that they grade better if you pay them more money, which has often been said around here.

bushmaster8

<< <i>Is it possible that the company had to have the economy level for

competative reasons but is attempting to force folks to use the more

expensive level? >>



It is possible... but more likely, It is George Bush's Fault.

Boom

C'mon people. $$$$ talks. ... bottom line. End of story.

lava

Those results do suggest something odd. My guess is they stick novice graders on the modern crap, and so the modern crap was consistently misgraded, and your regular submissions were consistently properly graded. In other words, they were different eyes belonging to different graders.

ttxp

<< <i>4 inserts with incorrect date (mislabeled) >>


I want them.