Why not let NGC coins in the registry sets

boxeldercoin

Hi, I was wondering why PCGS does not allow NGC coins in the registry sets? NGC allows PCGS coins in their sets.

DoubleEagle59

Well, I can think of two reasons.

1. PCGS generally grades stricter than NGC.

2. Perhaps because of reason 1., PCGS is considered better than NGC.

tradedollarnut

<< <i>Hi, I was wondering why PCGS does not allow NGC coins in the registry sets? NGC allows PCGS coins in their sets. >>



Cuz many NGC coins aren't graded to PCGS standards (of course, a few PCGS coins aren't either but that's another discussion) and our hosts deserve an incentive for crossover submissions.

MilkmanDan

I understand not letting them in Set Registry, but I'd appreciate it if they were allowed in showcases.

mozin

<< <i>Well, I can think of two reasons.

1. PCGS generally grades stricter than NGC.

2. Perhaps because of reason 1., PCGS is considered better than NGC. >>

mkman123

I think both companies are great and it is too bad they don't allow NGC coins in the registry since NGC allows PCGS coins in their registry

Zoins

Starting back in Jan of this year, the NGC registry no longer allows PCGS darkside coins.

Manorcourtman

Would Mercedes Benz allow a KIA in there showroom? I think not.

BryceM

Because PCGS owns it and they can run it however they want to.

A less snooty answer though would be that PCGS graded coins are generally felt to be graded to a higher standard. Not everyone agrees, but as a broad generalization, the market does. If I had a 100% PCGS set and I was Jonesing for the #1 registry spot, I wouldn't want to be eclipsed by some 100% ATS set that may or may not be of comparable quality.

cmerlo1

NGC does not guarantee variety attribution.

braddick

For the same reason IHOP doesn't allow Dennys to sell their, "Tutti Frutti Fresh and Fruiti" pancakes.

Dabigkahuna

NGC removed all PCGS coins not to long ago. It was nice while it lasted.

boxeldercoin

<< <i>NGC removed all PCGS coins not to long ago. It was nice while it lasted. >>

I did not know that. I no long use NGC for grading and I have not been to their site for a quite a while.

Priller

<< <i>NGC removed all PCGS coins not to long ago. It was nice while it lasted. >>



Huh ... They have not. I just check my registry set and everything is just fine ... and it still gives me the ability to add PCGS graded coins.

TwoSides2aCoin

I like pancakes.

DeliaBug

I understand why this is not allowed, but I wouldn't mind seeing a 'certified' set capable category.

Something non competitive, so a PCGS graded set can't get stomped on by a hybrid set of PCGS & ATS graded coins, but a place to show off your sets. The business aspect of this would be for PCGS is to get the best coins in their holders, so technically they could have a stake in this.

Having people be able to build non-competitive certified sets may swing some condition census or top pop ATS coins over to our host in order for those sets to be allowed into the competitive ranks. Right now with nothing allowed, it could very well be someone has a decent set and all it would take would be a few coins that have to cross over in order to make it competitive.

jhdfla

<< <i>Would Mercedes Benz allow a KIA in there showroom? I think not. >>



I know you said that tongue in cheek but there are many NGC slabbed coins far superior to what's in PCGS holders.

It's their registry, they are entitled to do whatever they want.

golden

PCGS generally grades stricter than NGC.

coinbuf

<< <i>NGC removed all PCGS coins not to long ago. It was nice while it lasted. >>



You should check your facts before posting as thats how incorrect information gets around, NGC has not removed all PCGS coins from their registry. If you need proof just click my sig line. As to the op's question there is no good reason but simply that is the way PCGS runs it.

braddick

<< <i>

<< <i>NGC removed all PCGS coins not to long ago. It was nice while it lasted. >>



You should check your facts before posting as thats how incorrect information gets around, NGC has not removed all PCGS coins from their registry. If you need proof just click my sig line. As to the op's question there is no good reason but simply that is the way PCGS runs it. >>


I think the author meant figuratively, not literally.
Come on. I can't be the only one to pick up on that?

astrorat

Why would PCGS risk damaging their registry set brand by including non-PCGS certified coins? There seems to be very little upside and a whole lotta downside.

OnlyGoldIsMoney

<< <i>Well, I can think of two reasons.

1. PCGS generally grades stricter than NGC.

2. Perhaps because of reason 1., PCGS is considered better than NGC. >>




This.

mkman123

NGC still allows PCGS graded US coins in the registry, just no more darkside

djm

There is really no issue with PCGS not allowing NGC Coins in the registry sets as PCGS will cross the NGC coins to PCGS for free. Certain restrictions apply.

breakdown

PCGS and NGC grade to different standards. As an example, take a look at auction records for an MS65 26-S Buffalo in PCGS ($80,000-110,000) compared to NGC ($40,000-55,000). Some interpret this as PCGS grading more strictly but it really is a matter of understanding how each service grades. Different standards makes it straightforward: the PCGS registry should not include NGC coins.

Lehigh96

<< <i>

<< <i>

<< <i>NGC removed all PCGS coins not to long ago. It was nice while it lasted. >>



You should check your facts before posting as thats how incorrect information gets around, NGC has not removed all PCGS coins from their registry. If you need proof just click my sig line. As to the op's question there is no good reason but simply that is the way PCGS runs it. >>


I think the author meant figuratively, not literally.
Come on. I can't be the only one to pick up on that? >>



I am not sure how you came to that conclusion Pat. Since his avatar his a foreign coin, I assumed that he meant that NGC no longer allows PCGS coins in World Registry Sets, which is true.

braddick

Just a little jocularity to ease the tension.

Of course PCGS doesn't allow a competitor's brand within their Registry.
Come to think of it, I think it's an error in judgement for NGC to do so.

noow

<< <i>I like pancakes. >>

Nickcap

I cannot speak for every coin type, but seeing Kennedy halves the PR70DCAM are 2-4 times the NGC PR70 Ultra Cameo.

Morgans are not double, but they do trade for a larger premium if the population is small. Especially where the Registry is involved.

PCGS Registry increases the value of PCGS Registry quality Coins.


Now the expensive Coins are a completely different thing all together. But the Simpsons of the Hobby can pay to have everything in one holder type.

ambro51

OH you can do that it's ATS on the NGC registry. Didn't cha know that?

LeeBone

<< <i>Why would PCGS risk damaging their registry set brand by including non-PCGS certified coins? There seems to be very little upside and a whole lotta downside. >>



Mmmm Hmmmm

Bochiman

You should just ask DonWillis.
I bet he would know the answer for you

DIMEMAN

NEVER HAPPEN!!!!!!

coinbuf

These threads allways make me laugh as all the kool-aid drinkers come out to play.

Walkerfan

I collect coins not slabs.

giorgio11

<< <i>

<< <i>NGC removed all PCGS coins not to long ago. It was nice while it lasted. >>



Huh ... They have not. I just check my registry set and everything is just fine ... and it still gives me the ability to add PCGS graded coins. >>



I think you may have to add the qualifier "PCGS World coins not to long ago."

Best Regards,

George

Zoins

This is like asking why you can't race a Porsche GT3 RS in the Ferrari Challenge Series. The Ferrari Challenge Series is run by Ferrari for Ferrari owners, just like the PCGS Registry is run by PCGS for PCGS owners. Even if there are faster cars or better coins, they are not invited if they don't fit the intent of the organizers, no other reason.

boxeldercoin

<< <i>These threads allways make me laugh as all the kool-aid drinkers come out to play. >>

That is why I post it. But I think it would be neat to have a combined PCGS and NGC set also.

coinbuf

And so you can, just start one ATS, unless its a world set in which case you are out of luck.

Walkerfan

<< <i>This is like asking why you can't race a Porsche GT3 RS in the Ferrari Challenge Series. The Ferrari Challenge Series is run by Ferrari for Ferrari owners, just like the PCGS Registry is run by PCGS for PCGS owners. Even if there are faster cars or better coins, they are not invited if they don't fit the intent of the organizers, no other reason. >>



This is the BEST answer and whether you agree with it or not; it likely sums up the thought process of our host. Even though I think that it would be great to have a mixed registry over here, I understand their thinking, so I must respect that.

Bochiman

<< <i>

<< <i>These threads allways make me laugh as all the kool-aid drinkers come out to play. >>

That is why I post it. But I think it would be neat to have a combined PCGS and NGC set also. >>



You can. No one is stopping you from doing that.
Heck, if you wanted, you could even start your own website and let others do it too and you could put the resources into it to be what you want. That's kind of what PCGS did....they put the time/effort/resources into it, so they decided what they wanted.
No one is stopping you, or anyone else, from doing the same.

Oh....maybe I misunderstood.....you want someone else to change their business model, and use their own resources, to fit what you want.....

19Lyds

Despite all of the assumptions and hyperbole which has been floating through this thread, the real reason PCGS does not allow NGC, or ANACS, or ICG ir ICCG or IGS or PCCGS or SEGS or whatever grading companies slabs in the Registry sets is because the sets are based upon PCGS's coin numbering system. Its not based upon grade or certification number or even date/mm and series but coin number. The coin numbers themselves are then cross referenced with populations, prices, and certification numbers which are used to pre-fill the data within each regisrty set thereby giving the set "value" (as defined by PCGS) at glance.

PCGS's coin database is built upon the coin number.

As such, allowing coins graded by other companies is simply impossible.

I don;t mind and have no problem with the policy. If I'd have wanted a second rate set, then I might have purchased some NGC or ANACS or even ICG coins to build my set. But I didn't want that. I wanted a top notch set which PCGS and only PCGS was responsible for in the grading arena.

I really don't think there is much room for discussion, at least not on the modern coin front, since PCGS slabbed coins bring way more bang for the buck than NGC coins ever will. The exact same is true of ANACS, ICG, SEGS, SGS, and all the other presumably lower tiered grading services. If your tight for money, buy and NGC coin. If you've got the extra money, folks will gravitate towards PCGS coins everytime. Not because the grading is stricter or tighter but because that simply the reality at this point in time.

DIMEMAN

Sorry, but it has nothing to do with the data base. It's all about ngc coins not being graded the same as PCGS.

Why wouldn't they allow PCGS coins over there...you lose a point or 2!

Where as you would gain a point or 2 coming over here from there.

This is a PCGS Registry not a PCGS/ngc Registry.

Someone needs to shoot this thread and let it die!

tradedollarnut

Nah. Cuz if that were the real reason, PCGS could profit by examining an NGC coin and assigning it a "Registry Grade" and issuing a Registry certificate for the coin for Registry use. Which they've stated they will Never Ever do...for multiple reasons.

Greeniejr

<< <i>Despite all of the assumptions and hyperbole which has been floating through this thread, the real reason PCGS does not allow NGC, or ANACS, or ICG ir ICCG or IGS or PCCGS or SEGS or whatever grading companies slabs in the Registry sets is because the sets are based upon PCGS's coin numbering system. Its not based upon grade or certification number or even date/mm and series but coin number. The coin numbers themselves are then cross referenced with populations, prices, and certification numbers which are used to pre-fill the data within each regisrty set thereby giving the set "value" (as defined by PCGS) at glance.

PCGS's coin database is built upon the coin number.

As such, allowing coins graded by other companies is simply impossible.

I don;t mind and have no problem with the policy. If I'd have wanted a second rate set, then I might have purchased some NGC or ANACS or even ICG coins to build my set. But I didn't want that. I wanted a top notch set which PCGS and only PCGS was responsible for in the grading arena.

I really don't think there is much room for discussion, at least not on the modern coin front, since PCGS slabbed coins bring way more bang for the buck than NGC coins ever will. The exact same is true of ANACS, ICG, SEGS, SGS, and all the other presumably lower tiered grading services. If your tight for money, buy and NGC coin. If you've got the extra money, folks will gravitate towards PCGS coins everytime. Not because the grading is stricter or tighter but because that simply the reality at this point in time. >>



NGC actually does use the PCGS numbering system. Try scanning one of their bar codes and you may be surprised

coinkat

Some collectors like the Registry for sharing and sort of organizing their collection- some compete and that is fine.

What seems to be lost in all of this is the coin in the plastic-

I collect coins- not plastic or holders

What seems to make sense is for NGC and PCGS to sponsor a joint Registry that is non competitive that is about coins and only coins for coin collectors- this seems to be a very simple, easy and reasonable way to create a coin registry for collectors and eliminate the issues that seem to dominate this thread.

NGC and PCGS can maintain their own registries for competitive purposes with their own restrictive rules and those that want to do that can stay the course.

Dabigkahuna

<< NGC removed all PCGS coins not to long ago. It was nice while it lasted. >> You should check your facts before posting as thats how incorrect information gets around, NGC has not removed all PCGS coins from their registry. If you need proof just click my sig line. As to the op's question there is no good reason but simply that is the way PCGS runs it.


My bad.

It was only the PCGS World Coins that were removed at NGC.