It is by will alone I set my mind in motion. It is by the juice of Kool-Aid that thoughts acquire speed, the lips acquire stains, stains become a warning. It is by will alone I set my mind in motion.
I would say 70% of collectors have never 'used' either service and most who have not feel they are overpriced and are utterly confused as to how 'to do it'.
70% of collectors however will gladly buy and approve of slabbed coins.
I think for the novice collector,or for that matter the "undecided" collector,PCGS would be the preference.That is where the marketability would come into play.I feel PCGS is the leader in this category.
Now if you were a seasoned collector who had a focus on what you wanted to collect you would have gained knowledge on what to obtain for your collection.For instance,learning how to grade coins yourself through looking at numerous coins, and even submitting coins and getting the results back and comparing your grade against the TPGs.
Through that progression I would tend to believe either company wouldn't matter,you would be confident on buying the coin in either holder.
Through the price discrepancy of either holder,knowing what to look for would be to your advantage...as far as more bang for your buck.
So to answer the question,It obviously depends on the coin in the holder,and more importantly depends on the collector.
I always enjoy holder threads, as they are concerned with strategy as much as anything. The holder impacts only price, so it makes sense to migrate coins to the holder/sticker/Lucite cube/or whatever else is most favored by the majority of collectors when selling. Therefore, it is always interesting to read collector and dealer replies.
Developing theory is what we are meant to do as academic researchers and it sets us apart from practitioners and consultants. Gregor
BTW - It would be interesting to know how having only one TPG might affect collectors. Dealers always suggest it is important to have more than one, but then again, they benefit greatly from churn.
Developing theory is what we are meant to do as academic researchers and it sets us apart from practitioners and consultants. Gregor
<< <i>I, for one, am much more comfortable owning NGC coins that have CAC stickers.
NGC coins w/o beans I tend to shy away from unless I feel sure they will cross.
If I have an NGC coin that will neither cross, nor bean... I sell it off. The quicker the better. >>
Hey BM, Say you are looking for a nice coin grading XF, say an 1810 CBH. You see one in a PCGS 45 holder, solid for the grade for $400. You then see one in an NGC AU50 holder, a nice solid XF coin in your opinion for $400
Would you not buy the NGC coin?
Perhaps you might even like the look of the NGC coin better even though the price is the same. Would you not buy it or would you sell it off if PCGS would not cross it as a 50?
It is all relative regardless of what company the holder is made by.
You are a Frankie guy, say you saw a legitimate 65 FBL 53S in an NGC 66 holder. Would you pass on it because of the holder even if it were selling for a PCGS 65 FBL price? Would you sell it off quickly because it wouldn't cross as a 66 even though you only paid 65 money for it in the NGC holder?
I think it may finally be proven someday that Kool Aid alters the human thinking process.
In my opinion NGC is technically a little stricter than PCGS but PCGS coins have more "wow" in them for the same grade: a little more cartwheel to the Morgan, a bit more cameo contrast, a slightly sharper strike.
However, I do think PCGS may have a wee little problem lately with coin handling, something I haven't seen in NGC coins. One of my recent purchases is a cameo-graded quarter. It may have been cameo when graded but the thumbprints that are now visible have eliminated that. And sometimes I see spots on PCGS coins where I shouldn't. Makes me wonder if the grader had salt from potato chips on his fingers, or maybe a bit of sulfur dioxide from dried fruit.
Salute the automobile: The greatest anti-pollution device in human history! (Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
I always enjoy holder threads, as they are concerned with strategy as much as anything. The holder impacts only price, so it makes sense to migrate coins to the holder/sticker/Lucite cube/or whatever else is most favored by the majority of collectors when selling. Therefore, it is always interesting to read collector and dealer replies.
you echo my thoughts, Don. reading some of the replies it's clear to me that we aren't the only two who spend time pondering this issue. i have been out of circulation(no pun intended) for awhile so i thought it might be prudent to see if much had changed in the past 18 months.
when it comes to variety coins ANACS has no problem to verify and slab the coin.
PCGS and NGC are asleep at the switch. PCGS and NGC are basically saying that they are incapable of determining newer variety coins and have to wait till someone ELSE publishes the details of the variety. They should accept a letter from such people as Wexler or CONECA as to the variety and slab the coin and stop annoying the variety collectors.
I've spent more money on books in the past few months than i have coins so when it comes time to buy coins i will be doing exactly that buying a coin not a holder I don't care if its in a pcgs, ngc, anacs, pci slab with a persons opinion printed on a label or a nice 2x2 with a dealers opinion written on it. If it meets my standards for that type in that grade i buy it if not i continue on until i agree with the opinion attached to the coin.
I thought i was logged on to a collectors universe message board but after reading the whole thread it feels like im in a dealer/investor message board. I collect coins not plastic, i like pcgs, ngc, and anacs all the same only for a little piece of mind when buying a key date coin to make sure it isn't from china.
<< <i>In my opinion NGC is technically a little stricter than PCGS but PCGS coins have more "wow" in them for the same grade: a little more cartwheel to the Morgan, a bit more cameo contrast, a slightly sharper strike.
However, I do think PCGS may have a wee little problem lately with coin handling, something I haven't seen in NGC coins. One of my recent purchases is a cameo-graded quarter. It may have been cameo when graded but the thumbprints that are now visible have eliminated that. And sometimes I see spots on PCGS coins where I shouldn't. Makes me wonder if the grader had salt from potato chips on his fingers, or maybe a bit of sulfur dioxide from dried fruit. >>
Are you implying that NGC focuses more on technical grading while PCGS factors in market grading more?
<< <i>the latest issue of coin world includes a class action invitation to one of them. >>
There was a thread concerning this class action lawsuit. Did it get poofed? I can't seem to find it.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Joking aside (for once) it's been my experience that PCGS coins bring more money than NGC coins, even if the two coins are identical. Can we talk about CACing and PQ, and Star coins and exceptions to this rule? Yes, until we're blue in the face. Somewhere out there I am sure that there's a lovely AU55 Draped Bust Dollar in an NGC holder that PCGS would grade as a 63. There are exceptions to every rule but I'm focusing on the majority.
When I get coins graded, everything else being equal, I want them in the holders that will give them the most market acceptance. Period. IMO the most accurately graded coins I have seen in the past couple of years were from Dominion Grading. OTOH, those coins, whether or not they were dead balls accurately graded (My cousin Vinny reference), had the market acceptability of ACG/PCI/NTC/etc.
I will say this, I see more than a handful of Barbers in NGC holders that I think would be graded "Genuine" by PCGS than the other way around.
Bear's "Growl of Approval" award 10/09 & 3/10 | "YOU SUCK" - PonyExpress8|"F the doctors!" - homerunhall | I hate my car
Why speculate? Let's do a submission test with 10 different coins. I'll donate 15 bucks to the cause. If we can get about 20 or 30 people to donate 15 bucks, we could fund the little project.
Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
Comments
It is by will alone I set my mind in motion. It is by the
juice of Kool-Aid that thoughts acquire speed, the lips
acquire stains, stains become a warning. It is by will
alone I set my mind in motion.
"Keep your malarkey filter in good operating order" -Walter Breen
``https://ebay.us/m/KxolR5
70% of collectors however will gladly buy and approve of slabbed coins.
NGC coins w/o beans I tend to shy away from unless I feel sure they will cross.
If I have an NGC coin that will neither cross, nor bean... I sell it off. The quicker the better.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
I think for the novice collector,or for that matter the "undecided" collector,PCGS would be the preference.That is where the marketability would come into play.I feel PCGS is the leader in this category.
Now if you were a seasoned collector who had a focus on what you wanted to collect you would have gained knowledge on what to obtain for your collection.For instance,learning how to grade coins yourself through looking at numerous coins, and even submitting coins and getting the results back and comparing your grade against the TPGs.
Through that progression I would tend to believe either company wouldn't matter,you would be confident on buying the coin in either holder.
Through the price discrepancy of either holder,knowing what to look for would be to your advantage...as far as more bang for your buck.
So to answer the question,It obviously depends on the coin in the holder,and more importantly depends on the collector.
Rob
I always enjoy holder threads, as they are concerned with strategy as much as anything. The holder impacts only price, so it makes sense to migrate coins to the holder/sticker/Lucite cube/or whatever else is most favored by the majority of collectors when selling. Therefore, it is always interesting to read collector and dealer replies.
and it sets us apart from practitioners and consultants. Gregor
and it sets us apart from practitioners and consultants. Gregor
<< <i>I, for one, am much more comfortable owning NGC coins that have CAC stickers.
NGC coins w/o beans I tend to shy away from unless I feel sure they will cross.
If I have an NGC coin that will neither cross, nor bean... I sell it off. The quicker the better. >>
Hey BM,
Say you are looking for a nice coin grading XF, say an 1810 CBH.
You see one in a PCGS 45 holder, solid for the grade for $400.
You then see one in an NGC AU50 holder, a nice solid XF coin in your opinion for $400
Would you not buy the NGC coin?
Perhaps you might even like the look of the NGC coin better even though the price is the same.
Would you not buy it or would you sell it off if PCGS would not cross it as a 50?
It is all relative regardless of what company the holder is made by.
You are a Frankie guy, say you saw a legitimate 65 FBL 53S in an NGC 66 holder.
Would you pass on it because of the holder even if it were selling for a PCGS 65 FBL price?
Would you sell it off quickly because it wouldn't cross as a 66 even though you only paid 65 money for it
in the NGC holder?
I think it may finally be proven someday that Kool Aid alters the human thinking process.
But nonetheless, the bias is there...
Koolaide is ranked by the DEA as one of the most potent mind-altering drugs.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
However, I do think PCGS may have a wee little problem lately with coin handling, something I haven't seen in NGC coins. One of my recent purchases is a cameo-graded quarter. It may have been cameo when graded but the thumbprints that are now visible have eliminated that. And sometimes I see spots on PCGS coins where I shouldn't. Makes me wonder if the grader had salt from potato chips on his fingers, or maybe a bit of sulfur dioxide from dried fruit.
(Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
you echo my thoughts, Don. reading some of the replies it's clear to me that we aren't the only two who spend time pondering this issue. i have been out of circulation(no pun intended) for awhile so i thought it might be prudent to see if much had changed in the past 18 months.
BTW, we must meet up at a show someday.
Just came back in the mail today.
``https://ebay.us/m/KxolR5
PCGS and NGC are asleep at the switch.
PCGS and NGC are basically saying that they are incapable of determining newer variety coins
and have to wait till someone ELSE publishes the details of the variety.
They should accept a letter from such people as Wexler or CONECA as to the variety and slab the coin and stop annoying the variety collectors.
I thought i was logged on to a collectors universe message board but after reading the whole thread it feels like im in a dealer/investor message board. I collect coins not plastic, i like pcgs, ngc, and anacs all the same only for a little piece of mind when buying a key date coin to make sure it isn't from china.
<< <i>In my opinion NGC is technically a little stricter than PCGS but PCGS coins have more "wow" in them for the same grade: a little more cartwheel to the Morgan, a bit more cameo contrast, a slightly sharper strike.
However, I do think PCGS may have a wee little problem lately with coin handling, something I haven't seen in NGC coins. One of my recent purchases is a cameo-graded quarter. It may have been cameo when graded but the thumbprints that are now visible have eliminated that. And sometimes I see spots on PCGS coins where I shouldn't. Makes me wonder if the grader had salt from potato chips on his fingers, or maybe a bit of sulfur dioxide from dried fruit. >>
Are you implying that NGC focuses more on technical grading while PCGS factors in market grading more?
<< <i>the latest issue of coin world includes a class action invitation to one of them. >>
There was a thread concerning this class action lawsuit. Did it get poofed? I can't seem to find it.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>PGCS = good
NGC = not good >>
Oooohhh yeah!!!!!
Did someone say Kool-Aid?
When I get coins graded, everything else being equal, I want them in the holders that will give them the most market acceptance. Period. IMO the most accurately graded coins I have seen in the past couple of years were from Dominion Grading. OTOH, those coins, whether or not they were dead balls accurately graded (My cousin Vinny reference), had the market acceptability of ACG/PCI/NTC/etc.
I will say this, I see more than a handful of Barbers in NGC holders that I think would be graded "Genuine" by PCGS than the other way around.
Absolutely. Its been awhile.
and it sets us apart from practitioners and consultants. Gregor