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Ford/Chevrolet Coke/Pepsi PCGS/NGC

Ford dealerships don't sell Chevys. McDonalds serves Coke, not Pepsi (and Burger King serves Pepsi but not Coke).
Why do PCGS coin dealers sell NGC? I went to a local show in Hollywood and sure enough, mixed in the display case of predominantly PCGS slabbed coins were a few NGC. I was told this is common practice.

Licensed PCGS dealers need to buy and sell and market their brand and leave the competition to the other boys.
Do Dealers now need to be regulated for slab segregation?

Comments

  • lordmarcovanlordmarcovan Posts: 43,897 ✭✭✭✭✭


    << <i>Licensed PCGS dealers need to buy and sell and market their brand and leave the competition to the other boys.
    Do Dealers now need to be regulated for slab segregation? >>

    That would be a big fat NO from me.

    I've always thought it was stupid that restaurants let Coke and Pepsi play those kind of games. Maybe they choose to, I dunno.

    But if I'm in business, I don't want any TPG telling me what I can and can't buy or sell. Even if I am to be their "authorized" dealer. I don't think companies deserve that kind of exclusivity.

    Edit add: of course I am not a PCGS or NGC authorized dealer, nor am I ever likely to be, nor for that matter do I ever intend to own a restaurant franchise that has to decide whether to serve Coke or Pepsi.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • dogwooddogwood Posts: 1,935 ✭✭✭✭
    It's about coins.
    We're all born MS70. I'm about a Fine 15 right now.
  • MercuryMercury Posts: 1,052 ✭✭✭✭
    Wow, that is not a fair question.
    When you go to the local conivence store, how many brands of sodas are there?
    When you go to the used car lot, how many brands of cars are there?
    Many dealers are both NGC and PCGS approved.
    Mercury
    Collecting Peace Dollars and Modern Crap.
  • commoncents05commoncents05 Posts: 10,096 ✭✭✭
    Maybe because they are selling coins not plastic?

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
  • COALPORTERCOALPORTER Posts: 2,900 ✭✭
    What if you had to go to one broker for New York Stocks and another for NASDAQ.....wouldn't that be really stupid? image


  • << <i>Wow, that is not a fair question.
    When you go to the local conivence store, how many brands of sodas are there?
    When you go to the used car lot, how many brands of cars are there?
    Many dealers are both NGC and PCGS approved.
    Mercury >>



    Good point, Mercury.
    Many coin dealers sell uncirculated coins though. Dealers selling spend/circulated in PCGS and NGC holders may continue to do so but the dealers selling uncirculated coins should stick with their brand.

    Levi's don't sell Wranglers.
    Wendy's doesn't sell round burgers.
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭


    << <i>Many coin dealers sell uncirculated coins though. Dealers selling spend/circulated in PCGS and NGC holders may continue to do so but the dealers selling uncirculated coins should stick with their brand. >>



    Sounds like you're sort of comparing uncirculated/circulated coins to new/used cars. PCGS/NGC don't make or own the coins. They only slab the coins. Their product is "grading coins" not selling "graded coins".

    image
    Ed
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>Why do PCGS coin dealers sell NGC? >>

    What makes you think the PCGS dealers aren't also authorized NGC dealers?
  • WTCGWTCG Posts: 8,940 ✭✭✭
    Considerations for the coins comes first. The holder comes later. Most authorized PCGS dealers are also NGC dealers and nothing in the dealer contracts mandates inventory exclusivity.

    By the way, most Burger Kings are Coca-Cola shops.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • stealerstealer Posts: 4,039 ✭✭✭✭


    << <i>

    << <i>
    Good point, Mercury.
    Many coin dealers sell uncirculated coins though. Dealers selling spend/circulated in PCGS and NGC holders may continue to do so but the dealers selling uncirculated coins should stick with their brand.
    >>



    image


    I hope you're joking....right?
  • You all present a winning argument.
    Coke makes soda. Apple makes smart phones and carmel apples are sold at state fairs.
    Frito-Lay blends spices onto delightful morsels featuring corn chip goodness. The eagle is our national emblem. KFC fries chicken.

    All Greyhounds are buses but not all buses are greyhounds. Got it!
    The rules of commerce and life.

    So, to bring it all around:

    PCGS and/or NGC don't mint coins and dealers are free to buy and sell and trade what they wish and where they choose.

  • Buy the coin not the kool-aid flavor image
  • derrybderryb Posts: 37,713 ✭✭✭✭✭
    PCGS does not "license" dealers. Most dealers are members of PCGS and NGC but in no way are they a franchise of the grading companies. NGC and PCGS are not "brands." They are professional consultants that provide a paid opinion on a product produced by someone else. What if Publix only sold Pepsi?

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭


    << <i>PCGS does not "license" dealers. Most dealers are members of PCGS and NGC but in no way are they a franchise of the grading companies. NGC and PCGS are not "brands." They are professional consultants that provide a paid opinion on a product produced by someone else. What if Publix only sold Pepsi? >>




    PCGS and NGC indeed are "brands."

    Coke pays McDonalds to carry ONLY Coke products.

    Pepsi pays KFC, Taco Bell, and Pizza Hut to carry ONLY Pepsi products.

    It's all about the money.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • GRANDAMGRANDAM Posts: 8,777 ✭✭✭✭✭


    << <i>

    << <i>PCGS does not "license" dealers. Most dealers are members of PCGS and NGC but in no way are they a franchise of the grading companies. NGC and PCGS are not "brands." They are professional consultants that provide a paid opinion on a product produced by someone else. What if Publix only sold Pepsi? >>




    PCGS and NGC indeed are "brands."

    Coke pays McDonalds to carry ONLY Coke products.

    Pepsi pays KFC, Taco Bell, and Pizza Hut to carry ONLY Pepsi products.

    It's all about the money. >>



    -----------------------------------------------------------------------------------------------------------------

    I only buy PCGS coins,,,,,,, when will I be getting a check image

    GrandAm image
    GrandAm :)
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    All part of the money game... as far as coin shops... the the TPG's are not 'brands', they are services. There is no exclusivity agreements in this field. Cheers, RickO
  • LongacreLongacre Posts: 16,717 ✭✭✭
    In his past, Longacre used to work for The Man at Pepsi. There is an actual hatred between Pepsi and Coke, and while I worked there, I would not buy Coke products (even to the point of going to a restaurant and ordering a soda, I would ask whether the soda was Coke or Pepsi, and if it was Coke, I would get water).

    I don't think the same brand loyalty exists for PCGS or NGC.
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • poorguypoorguy Posts: 4,317


    << <i>Considerations for the coins comes first. The holder comes later. Most authorized PCGS dealers are also NGC dealers and nothing in the dealer contracts mandates inventory exclusivity.

    By the way, most Burger Kings are Coca-Cola shops. >>



    image

    The coins are the most important factor. The TPG's are a value-added service designed to make coins more liquid and assigned grades more trustworthy, reliable and "standardized". TPG's aren't selling a product, they are selling a service. It would not benefit a PCGS authorized dealer to sell only PCGS coins. Why cut yourself out of half of the market?

    Brandon Kelley - ANA - 972.746.9193 - http://www.bestofyesterdaycollectibles.com
  • poorguypoorguy Posts: 4,317


    << <i>In his past, Longacre used to work for The Man at Pepsi. There is an actual hatred between Pepsi and Coke, and while I worked there, I would not buy Coke products (even to the point of going to a restaurant and ordering a soda, I would ask whether the soda was Coke or Pepsi, and if it was Coke, I would get water).

    I don't think the same brand loyalty exists for PCGS or NGC. >>



    Seriously? That's pretty childish. I'm glad the TPG's haven't stooped to that level. Wasn't there just a report that came out indicating that the "caramel coloring" in darker sodas like Coke, Pepsi, ect. may cause cancer? They mentioned it on the news and the next day at Wal-mart, all of the Sam's Choice Diet Twist/Up was gone. image However, there was a ton of the generic diet cokes and darker sodas full on the rack.

    Sorry, didn't mean to derail the thread. Maybe nobody will notice this post. <shhh>
    Brandon Kelley - ANA - 972.746.9193 - http://www.bestofyesterdaycollectibles.com
  • toyz4geotoyz4geo Posts: 1,484 ✭✭✭✭✭


    << <i>Many coin dealers sell uncirculated coins though. Dealers selling spend/circulated in PCGS and NGC holders may continue to do so but the dealers selling uncirculated coins should stick with their brand. >>



    To me the arguement falls way short. After all, as collectors we (for the most part) collect the coin, not the holder. While some TPG's might be held in higher regard than others, I personally have some nice coins slabbed by ICG, PCGS, ANACS, and NGC, and a couple from Bill's Taco's and Coin Grading. A car dealer is more or less bound by their contract with the manufacturer to sell say Ford or Chevy, but that arguement loses its impact when you find mega-dealerships that sell several brands. They are called "coin dealers" because they sell coins, not just the plastic that holds them.
    My 2 cents
    George
  • Pitting PCGS and NGC against each other like pop sodas is a bit silly. Next thing you know, all the small "Mom and Pop" brick and mortar stores will be getting snuffed out by NumisMax and Coin Depot, or the rare coin department at Walmart.
    Improperly Cleaned, Our passion for numismatics is Genuine! Now featuring correct spelling.
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    When I go to a grocery store I can buy Coke and Pepsi. This would be the same thing.

    PCGS may only sell PCGS, but the retail store should sell everything to satisfy the needs of their customers.

    Edited to add...

    You find used Chevy on Ford lots, and used Fords on Chevy lots.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • fastfreddiefastfreddie Posts: 2,905 ✭✭✭✭✭


    << <i>

    << <i>PCGS does not "license" dealers. Most dealers are members of PCGS and NGC but in no way are they a franchise of the grading companies. NGC and PCGS are not "brands." They are professional consultants that provide a paid opinion on a product produced by someone else. What if Publix only sold Pepsi? >>




    PCGS and NGC indeed are "brands."

    Coke pays McDonalds to carry ONLY Coke products.

    Pepsi pays KFC, Taco Bell, and Pizza Hut to carry ONLY Pepsi products.

    It's all about the money. >>



    Pepsi owned KFC, TB and PH at one time so it was probably a managment edict to carry the home soda.
    It is not that life is short, but that you are dead for so very long.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    The OP needs to put down the kool aid. Let dealers sell both and let the market choose.
    Successful Buying and Selling transactions with:

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  • robecrobec Posts: 6,878 ✭✭✭✭✭
    Pepsi doesn't have Coke in their bottles.
    Ford doesn't have Chevy parts under the hood.

    NGC and PCGS both have the same products inside their respective slabs.
  • fcloudfcloud Posts: 12,133 ✭✭✭✭


    << <i>Pepsi doesn't have Coke in their bottles.
    Ford doesn't have Chevy parts under the hood.

    NGC and PCGS both have the same products inside their respective slabs. >>



    But PCGS nor NGC contract the coins to be produced for them.

    I am sure both Ford and Chevy use many of the same suppliers.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>The OP needs to put down the kool aid. Let dealers sell both and let the market choose. >>



    I don't think it is only the koolaide that needs to be put down...... image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • robecrobec Posts: 6,878 ✭✭✭✭✭


    << <i>

    << <i>Pepsi doesn't have Coke in their bottles.
    Ford doesn't have Chevy parts under the hood.

    NGC and PCGS both have the same products inside their respective slabs. >>



    But PCGS nor NGC contract the coins to be produced for them.

    I am sure both Ford and Chevy use many of the same suppliers. >>



    The major difference, unless you are saying that Ford and Chevy are exactly the same inside and out, is that whether it's a Lincoln, Jefferson, Bust Half or any other coin or medal, the product inside each slab is identical.


  • << <i>

    << <i>The OP needs to put down the kool aid. Let dealers sell both and let the market choose. >>



    I don't think it is only the koolaide that needs to be put down...... image >>



    I'd ask you what you mean by that but I'm kinda busy with my Zig Zags...

    image


  • << <i>

    << <i>

    << <i>The OP needs to put down the kool aid. Let dealers sell both and let the market choose. >>



    I don't think it is only the koolaide that needs to be put down...... image >>



    I'd ask you what you mean by that but I'm kinda busy with my Zig Zags...

    image >>



    When you're done twisting up that number image try this on for size...

    Based on your original "twisted" argument imageimage you should only post about Studio 60 on the Sunset Strip image


    image
    Re: Slabbed coins - There are some coins that LIVE within clear plastic and wear their labels with pride... while there are others that HIDE behind scratched plastic and are simply dragged along by a label. Then there are those coins that simply hang out, naked and free image
  • segojasegoja Posts: 6,141 ✭✭✭✭
    Think of a coin dealer as the grocery store or the used car lot.

    They don't care what they sell, as long as they sell a lot of them and make money
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • thisnamztakenthisnamztaken Posts: 4,101 ✭✭✭✭✭


    << <i>
    Many dealers are both NGC and PCGS approved.
    Mercury >>



    Bingo! You gave the correct answer.
    I never thought that growing old would happen so fast.
    - Jim
  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭
    The OP made the Coke/Pepsi comparison, and everyone else has missed the point of why ISN'T the situation like the reason McDonalds only carries Coke.

    A grading service COULD be just like this...

    All they have to do is pay some cash to the big coin dealers in exchange for an exclusive marketing agreement that
    those dealers will ONLY carry that company "P's" certified coins.

    Company "P" would offer a one-time deal to cross all of the dealer's "N" inventory into the "P" slabs for free, and
    a big rebate on future crossovers.

    Of course, these type of arrangements are by nature anti-free market, but there are MANY MANY such agreements
    in the business world...most of them under the radar of the consumer .... everything from the lab your doctor sends you
    to for an X-Ray, to the reason there are such things as "all-Steinway" music departments at colleges,

    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • ^This.
  • MrMooMrMoo Posts: 199
    When I order a Coke it had better be Coke. Or else it doesn't end well....image
  • mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>Of course, these type of arrangements are by nature anti-free market... >>

    If both parties enter into the agreement voluntarily, there is nothing anti-free market about it.
  • If I am a buyer looking for a great coin, I would definitely not want to go through the whole seperation hassle. In the market place, I want to find what I need and get on with my life, and avoid the obsession with branding
  • edix2001edix2001 Posts: 3,388
    No Coke, Pepsi.
    Cheeburger, cheeburger, cheeburger ...


  • << <i>McDonalds serves Coke, not Pepsi (and Burger King serves Pepsi but not Coke). Why do PCGS coin dealers sell NGC? >>

    I'm thinking ICG and ANACS must be RC Colas in this picture.


  • << <i>Ford dealerships don't sell Chevys. McDonalds serves Coke, not Pepsi (and Burger King serves Pepsi but not Coke).
    Why do PCGS coin dealers sell NGC? I went to a local show in Hollywood and sure enough, mixed in the display case of predominantly PCGS slabbed coins were a few NGC. I was told this is common practice.

    Licensed PCGS dealers need to buy and sell and market their brand and leave the competition to the other boys.
    Do Dealers now need to be regulated for slab segregation? >>



    Absolutely not.

    It's called free commerce.

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