Is the slabbing of World coins becoming more acceptable?

ajaan

If the turnaround times at PCGS and NGC are any indication it is. We are all familiar with the very long turnaround times at PCGS, an estimated 50 working days, but now NGC has an estimated turnaround time of 23 days for their 10-day service.

bidask

Yes, I think it is.

gecko109

I certainly think so.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=120286232069&ssPageName=STRK:MESO:IT&ih=002

Doogy

the problem with PCGS turnaround time is lack of world coin graders, meaning they use US coin graders a good portion of the time.

OnlyBuffalos

Their is a growing concern among collectors worldwide about the quality improvement of and number of counterfeit coins. TPGs offer peace of mind in that regard.

HonoluluDude

<< <i>the problem with PCGS turnaround time is lack of world coin graders, meaning they use US coin graders a good portion of the time. >>

So is NGC better for world coins?

trozau

<< <i>Their is a growing concern among collectors worldwide about the quality improvement of and number of counterfeit coins. TPGs offer peace of mind in that regard. >>


The thing though is that even slabbed coins are now being counterfeited. And the slab makes it that much harder to check/inspect the coin by weighing, measuring and metallurgy checks.

coinkat

Yes... perhaps overseas submissions are increasing and that may be a significant factor in turn around times

dizzlecc

I would think, yes. One factor may be the cross over of US coin collector's to the world market and they are accustomed to coins in holders as a safeguard for authentication and originality to some degree.

I also like holders as a safe long term storage solution.

zeebob

I'm slabbing darkside coins as fast as I can submit them to PCGS. Got another 35 picked out. Just have to find the time to get them from the safe-deposit box, make flips, fill out paperwork and write a $800 check.

Bob

worldcoinguy

Without the NGC and PCGS tpgs, I probably would not have had the nerve to venture into the 16th, 17th, 18th century talers. Sure, the tpgs were a crutch to lean on, but it definitely helped me start to learn with a higher degree of confidence that I was not being taken by fakes.

cone10

<< <i>

<< <i>the problem with PCGS turnaround time is lack of world coin graders, meaning they use US coin graders a good portion of the time. >>



So is NGC better for world coins? >>



I also would like to know what grading service is best for Darkside?

weresteve

So is NGC better for world coins?

Currently ... YES!!!

At least based upon what I have seen recently ...

#1 ... NGC
#2 ... ICG (Old ANACS Staff)
#3 ... ANACS (Old ICG Staff)
#4 ... PCGS

PCGS made the bottom of my list for slow turnaround time and a lot of recent inconsistencies on world modern.

gecko109

<< <i>So is NGC better for world coins?

Currently ... YES!!!

At least based upon what I have seen recently ...

#1 ... NGC
#2 ... ICG (Old ANACS Staff)
#3 ... ANACS (Old ICG Staff)
#4 ... PCGS

PCGS made the bottom of my list for slow turnaround time and a lot of recent inconsistencies on world modern. >>




Perhaps you should compare final sale numbers on PCGS vs NGC gold and silver pandas. For example, the last two 1995 gold one ounce pandas in NGC 69 have sold for $1,499 and $1,475. The last two PCGS 69 coins have sold for $1,969 and $1,930. There are many more examples, do some research.

Doogy

<< <i>

<< <i>

<< <i>the problem with PCGS turnaround time is lack of world coin graders, meaning they use US coin graders a good portion of the time. >>



So is NGC better for world coins? >>



I also would like to know what grading service is best for Darkside? >>





looking at market trends, the following has been seen over the past few years:

- PCGS and ICCS bring more money when talking about Canadian coins.

- The super rarities are almost exclusively in NGC plastic, and seem to be more accepted as such. Millennia bears this out especially, as many former PCGS 'top pop' coins were
cracked out and submitted to NGC for auctioning in Millennia

- only 3 PCGS world coins have sold for six figures in the last 5 years, compared to the majority of six figure coins that have been sold in NGC plastic, to include the only 7 figure
world coin ever sold, which resides in NGC plastic.

- The rarest Ancients ever sold at auction, and the ones which realized the highest prices in history, all were graded by NGC.

- PCGS does tend to lend a more strict eye to world copper it seems, than anyone else.

- NGC offers the multi-slab, will slab many medals and larger thalers. PCGS's slab is very good optical quality, and preferred by some, especially with small coins that seem to get lost in NGC's white background (although NGC is slated to introduce a new slab, with state-of-the-art anti-counterfeiting measures this fall).

- PCGS's turnaround time is pitiful, while NGC's is very quick service generally.

FlyingEagle

<< <i>Perhaps you should compare final sale numbers on PCGS vs NGC gold and silver pandas. For example, the last two 1995 gold one ounce pandas in NGC 69 have sold for $1,499 and $1,475. The last two PCGS 69 coins have sold for $1,969 and $1,930. There are many more examples, do some research. >>



Perhaps you should look at prices realized for real coins and not NCLT. There are many more examples, do some research.

SaorAlba

On some coins I have purchased in slabs, like this one:



I crack them out. There is no point in having a coin like this in a slab, that was stating VF-20, but in my opin is a F-12, and the latter is what I paid my price based on.

This one was MS-62 or something:



But is much more appreciable in an airtite holder.

secondrepublic

Among Polish collectors, there is a lot of demand for slabbed material (particularly from NGC). PCGS is not well known over there.

zeebob

SaorAlba,

Nice coins, nice pics!

I'm impressed you have the courage to crack out the coins so that they can be appreciated better as raw coins. I've never been that brave yet.

Bob

SaorAlba

<< <i>SaorAlba,

Nice coins, nice pics!

I'm impressed you have the courage to crack out the coins so that they can be appreciated better as raw coins. I've never been that brave yet.

Bob >>



I am not as daring when the prices go up exponentially though:



An AU-58 accd to NGC. One I will keep in the plastic, because sometime I will sell it when I can find a 64+ example.

Hussulo

That's a lovely reverse

An AU-58 accd to NGC. One I will keep in the plastic, because sometime I will sell it when I can find a 64+ example.

Can I get first refusal if you do find a MS64+??

trozau

<< <i> >>


Very nice design. Can't go wrong with gold.

coinkat

That Italian design is one of my favorites from the 20th Century. I am thankful the design is on some lower denominations.

This coin needs to stay in plastic and I recommend buying them graded by PCGS or NGC for obvious reasons

SaorAlba

The 10 Centesimi from 1911 can occasionally be found for less than €100 in red BU.

coinkat

The 10C gets my vote for the most attractive copper coin of the 20th century

Rickc300

Oops... Never mind!

Rick

weresteve

When it comes to the designs of European minor coinage, I still like the 1904-05 French 25 Centimes ...

7Jaguars

Those Italian early 20th C. bits are quite nice. I like the companion 1911 5L, but even the somewhat gaudy 1914 5L is quite beautiful to my eyes. I too have been wanting one of these 50L bits - nice coin!

jamesfsm

My sense is that PCGS world coins sell for more grade-for-grade than say NGC. NGC rightly or wrongly is viewed as overgrading in some series. However, in many series the two seem nearly identical to me. Swiss for example I find PCGS a tad tougher. Mexican I find them about even.

Given my preference, I would pick PCGS.