MS70 2006 W PCGS vs. NGC...why the huge diff. in price?

piecesofme

I'm comparing apples to apples...NOT Early releases, just your plain old 2006 W ms70 in a PCGS holder vs. the exact same coin/label in a NGC holder. Why is the PCGS one double the price? Talk about breaking the golden rule on buyng certified coins...buying the coin and not the holder

jmski52

There is a difference in price because of a perception about grading standards. It seems to me that there may be something to it.

piecesofme

There is a difference in price because of a perception about grading standards

I agree with that, but not double value on ASE's...maybe a rare Morgan, but not your typical ASE's.

RedTiger

Usually it is because the pops are much higher at NGC vs. PCGS. As the Capt would say, they haven't repealed the laws of supply and demand. Heritage will have pops with a free registration, if a person can't get them elsewhere.

jmski52

Well, it depends. I submitted my cream of the crop ASEs from the early '90s when I first joined PCGS, and one of the 93-P's came back PR-70. I sold it for $4,930.00. The others would have made NGC PF-70 I am quite sure, but the market wouldn't have rewarded me the same way - of this I am also quite sure.

fiveNdime

<< <i>I'm comparing apples to apples...NOT Early releases, just your plain old 2006 W ms70 in a PCGS holder vs. the exact same coin/label in a NGC holder. >>


i was going to pose the early relase question, ill just add it here.

[ebay] saw an NGC w/16 bids @ $965, the PCGS had none.

JeremyDie1

It used to be impossible to find a PCGS MS 70 on ASE's. Prior to 2007 PCGS was adverse to grading any Silver Eagles MS-70 due to the significant possibility that milk-spotting would form on the surface of the coins. Milk-spotting was known to have happened even after a coin had be “slabbed”.

57loaded

me thinks it was late June/early July 2007 when PCGS made the decision to give an MS70 grade to the burnished ASE's in both the 2006 anniversary sets and the individual issued coins. and i also am guessing they were very tight with a 70.

so the population of MS70's is even more skewed, i presume compared to NGC?

i sold one of the first PCGS 2006-W anniversary burnished for $MOONMONEY, only because it was the second or what-ever one graded MS70.

i lucked out only 'cuz i had 3 10 coin sets in for grading when they decided to do the deed. they allow resubmission which is why you will find some "First Strike" MS70's for the burnished ASE. mine was not FS.

back then the early release blue label NGC's were ~ $300

as a side note i still think the Reverse Proofs are some of the prettiest moderns.

fivecents

<< <i>MS70 2006 W PCGS vs. NGC...why the huge diff. in price? >>

Because NGC is MUCH looser with the MS/PR70 grade than PCGS. The market agrees with this statement, just look at the price differences between NGC and PCGS MS/PR70s. Too much beating around the bush in the other posts.

Groiny

Because NGC is MUCH looser with the MS/PR70 grade than PCGS. The market agrees with this statement, just look at the price differences between NGC and PCGS MS/PR70s. Too much beating around the bush in the other posts.


..........you can bet your bottom dollar on the above statement

OPA

<< <i>There is a difference in price because of a perception about grading standards. It seems to me that there may be something to it. >>



I don't believe it's a perception but a fact when it comes to grading MODERN coins. NGC 70's are a "dime a dozen" I've also been informed, that NGC is much looser with their Modern MS70's and that they do not look to close at the rims. This only applies to their grading standards of Moderns and not Classic.