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For those of you who submit coins to both PCGS and NGC,

Steve27Steve27 Posts: 13,275 ✭✭✭
which types of coins do you submit to which TPG company?
"It's far easier to fight for principles, than to live up to them." Adlai Stevenson

Comments

  • TorinoCobra71TorinoCobra71 Posts: 8,061 ✭✭✭


    << <i>which types of coins do you submit to which TPG company? >>



    I Submit MAINLY Morgans, Peace, and Frankies, and you?

    TorinoCobra71

    image
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    "I Submit MAINLY Morgans, Peace, and Frankies, and you?"

    To which TPG company is the question.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • CladiatorCladiator Posts: 18,254 ✭✭✭✭✭
    The only place I've ever submitted to is PCGS. I'm rapidly coming to the conclusion that I will no longer be sending anything to PCGS but ANACS will be getting all of my business.
  • VeepVeep Posts: 1,456 ✭✭✭✭
    Most of my submissions go to PCGS due to the market's perception of value. If I have fewer than five coins (PCGS minimum) and it appears that it will be a while until I do, I'll go ahead and submit to NGC knowing that I may take hit on my selling price.

    Coins that would ALWAYS go to PCGS are: DMPL Morgans, Moderns
    "Let me tell ya Bud, you can buy junk anytime!"
  • I have never submitted raw coins to PCGS as of yet, I have however sent raw morgans to NGC. I have sent coins into PCGS for attribution and cross so far but thats it
    image
  • I submit all my buffalo's to NGC, and all others to ANAC's. I'd like to use PCGS, but I think the service is a bit expensive for the average collector.
  • I submit Peace VAMs to PCGS. I submit world coins to NGC.
    image Scottish Fold Gold
  • capecape Posts: 1,621
    toned buff, from my experience if you go to sell buff nickels in ngc holders even if properly graded get ready to realize 20% less value. in my oppinion you can cherrypick nice coins in ngc holders and then cross and realize a significant increase in value. pcgs is worth there grading fees as you will realize the most money for your coins when you sell.
    ed rodrigues
  • Hey Cladiator, how did you arrive at that conclusion. I'd really like to know because I was planning on submitting a coin to PGCS. Thanks.
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    I used to send exclusively to PCGS. Since they have had extremely poor customer service and they lost 2 submissions, I will now exclusively use NGC.
  • RussRuss Posts: 48,514 ✭✭✭
    I submit coins that make the grade to PCGS, and coins that don't make the grade to NGC.

    Russ, NCNE
  • CameonutCameonut Posts: 7,384 ✭✭✭✭✭


    << <i>I submit coins that make the grade to PCGS, and coins that don't make the grade to NGC >>



    That is exactly what I was thinking.

    The only thing I send to NGC first are varieties that PCGS doesn't recognize. But most board members don't care about varieties.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • CladiatorCladiator Posts: 18,254 ✭✭✭✭✭


    << <i>Hey Cladiator, how did you arrive at that conclusion. I'd really like to know because I was planning on submitting a coin to PGCS. Thanks. >>

    It's been my experience that PCGS offers very little customer service when it comes to the individual collector submitting coins. Add to that their comparitively high prices. Add to that the exponentially longer turn around times. Add to that the fact that they've made very easily avoidable mistakes on more than one of my submissions. Honestly the one and only reason in the recent past that I've used PCGS was their holder. I like very much their holder. The NGC holder is 100% crap in my opinion. The old ANACS holder was not much better. Now with the new generation of holder from ANACS I'm very impressed with both it's looks and functionality. Factor in shorter turn around times and cheaper submission prices and the decision is easy.

    Hopefully that doesn't get me bammed. I'm just explaining my personal opinion based on my personal experiences. I'm sure there are many folks on the boards that have had wonderfull experiences with PCGS.




    Edited to add: It's important to realize though that with most types of coins you will have a higher re-sale value (when dealing with the general collecting public) when they are in PCGS slabs as opposed to being in NGC or ANACS slabs. If anyone decides not to use PCGS they should realize this and weigh how important re-sale to the general collecting public is to them.
  • tsacchtsacch Posts: 2,929 ✭✭✭
    no more submitting for me, just buying and selling once in a while
    Family, kids, coins, sports (playing not watching), jet skiing, wakeboarding, Big Air....no one ever got hurt in the air....its the sudden stop that hurts. I hate Hurricane Sandy. I hate FEMA and i hate the blasted insurance companies.
  • coinkatcoinkat Posts: 23,850 ✭✭✭✭✭
    I submit to both

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

  • CoxeCoxe Posts: 11,139
    If I cherry an NGC or PCGS slabbed VAM, I send it to the respective TPG for attribution. For raw or crossovers it really depends on the actual coin. More valuable ones tend to go to PCGS. Less valuable ones that I want back before the heirs settle my estate, go to NGC. Ones I can wait on, will go wherever. Both TPGs are good and I see no head and shoulders superiority of one over the other. I do think one is better, but not miles ahead better.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • jdimmickjdimmick Posts: 9,783 ✭✭✭✭✭
    If the coin merits submission, usually I go with PCGS. The price realized for a PCGS coin, even if NGC were to grade the same will not sell for nearly as much especially in an on-line type venue. The types of coins I usually try to submit to PCGS would be early type!!, Morgans, Walkers, Barber halves and registry type graded stuff, and most key-dates. For the coins that I dont want to waste 30.00 bucks and the amount of time it takes to go to PCGS, I go ANACS cheaper and faster and they usually wont sell for much more than if submitted to NGC. I still use NGC for specialty stuff like Bust Halves with Overton numbers, other varities, and the occasional GSA.

    Some coins Ill send to ANACS becuase the price realized doesnt make that much difference such as an 1909-s Indian I just submitted to ANACS. Its a fine, and I didnt have 4 other coins to make a 5 coin min at PCGS, and not worth 50 bucks for a single submission.

  • p8ntp8nt Posts: 2,947 ✭✭✭
    I don't have a golden rule for submitting to either service. I do however mainly stick with nicely toned coins going to NGC and the more expensive coins going to PCGS.
  • ConnecticoinConnecticoin Posts: 13,111 ✭✭✭✭✭
    I send my NT coins to PCGS, and my AT coins to NGC. imageimage


  • << <i>toned buff, from my experience if you go to sell buff nickels in ngc holders even if properly graded get ready to realize 20% less value. in my oppinion you can cherrypick nice coins in ngc holders and then cross and realize a significant increase in value. pcgs is worth there grading fees as you will realize the most money for your coins when you sell. >>



    Shhhh!!! Don't give away the buffalo club's secrets!
  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭
    I send everything to PCGS.
    When in doubt, don't.


  • << <i>toned buff, from my experience if you go to sell buff nickels in ngc holders even if properly graded get ready to realize 20% less value. in my oppinion you can cherrypick nice coins in ngc holders and then cross and realize a significant increase in value. pcgs is worth there grading fees as you will realize the most money for your coins when you sell. >>


    Ah, but I don't sell my coins! However, as I said, I'd like to use PCGS (I do prefer their holder) but I just find it a bit expensive for my taste, and considering I only holder them because I like the look and comfort of having them encapsulated.
    That being said, I do prefer to buy PCGS coins when possible, but again, I seem to find more buffs in NGC. NGC grades buffs very well, in my opinion, not too loose, nor too tight. For the upper end coins (buffs), I have not seen any difference in prices realized between NGC and PCGS, but that is just my observations, not a fact I suppose.
    At the end of the day, the coin is the value, right? If I were to sell, and it was average stuff (say MS65 1938D's) then I suppose perhaps I'd do better in PCGS. However, for a 1913 S T2 with color, or any date proof... I think most folks are buying the coin, not the holder.

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