<< <i>So I can buy near identical coins cheaper in NGC holders. i'll take that path... >>
You save a few bucks and you get what you pay for...a coin that no one will take a second glance at. Pay 10% more for a spectacular coin for the grade and watch if it brings 25% more...it happens quite frequently with better coins. I might know. >>
Or better yet, crack em out, get em in PCGS plastic and reap the rewards. I did.
A very reputable dealer I know has no problem selling nice mid grade Unc. and PF NGC material at a slight discount to PC counterparts.
Per my earlier post on the subject, there are some coins I would not buy in an NGC holder just because for the grade, they are usually 1/2 point not as nice as their PCGS counterparts, sticker or no sticker.
In dealing with the sticker vs. no sticker, PCGS vs. NGC dialogue / diatribe, one must address the particular coins being discussed. If you're looking at high end registry set material, I'd agree with Roadrunner, Saint Guru, etc. I think too many people on this forum focus on this unique sliver of the market. Granted, there is some trickle down here, but even then, you might be talking about 10% of the market.
But if you are dealing with say, an MS 63 type Barber Quarter, I think it depends on the coin. When there is a big price difference between same grade NGC and PCGS material, there is a good reason for it. The converse is also true.
TPGs offer expert opinions about coins. So does CAC. Experts are people, and while I think they get it right 90% of the time, people make mistakes. It behooves each one of us to be able to grade the coins we consider to purchase.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
<< <i>I'm impressed that you have such resolve that you don't really care about some of the most basic logic of intelligent collecting. >>
This is exactly the point of my original post although not the way Saint Guru has stated. "Basic logic of intelligent collecting" - tells me that if CAC says it is solid for the grade, then any TPG slabbed coins with a CAC sticker on it should be the "same" as any other TPG in the same grade.
The fact that many people have their personal stories and their preferences/biases doesn't change the logic behind CAC'd coins. The fact that people prefer PCGs or it brings more money says nothing about CAC. Obviously a number of people don't value the CAC sticker on an NGC coin but do on a PCGS coin. Where is the intelligent logic in that. The point of the OP has nothing to do with PCGS or NGC; it has to do with the value of CAC or the inconsistency in the value of CAC.
In the land of the blind the one-eyed man is king.
In my selling experience cacked coins in NGC holders, IF THEY ARE NICE, bring the same good prices as cacked coins in PCGS holders IF THEY ARE NICE. In my buying experience, it is comparatively less difficult to find nice coins in PCGS holders. Perhaps because most have been crossed, I don't know. Yet my answer to the OP would be - it depends on the coin.
There are 10 types of people in the world, those who understand binary and those who do not.
<< <i> if CAC says it is solid for the grade, then any TPG slabbed coins with a CAC sticker on it should be the "same" as any other TPG in the same grade. >>
The problem is understanding the criteria applied to arriving at the “correct” grade. If PCGS withholds superb MS and PR grades from coins that have deep original toning, and gives those grades only to lightly toned or untoned coins, as some folks believe, while NGC is (or once was) more likely to award superb MS or PR grades to deeply toned coins, which grading standard is “correct”? Is one service penalizing originality and the other rewarding it and how should that impact price? Is it an eye appeal issue that should impact grade and price? And what standard does CAC apply to the deeply toned coin to determine if the grade on the holder is “correct”? The same issue could be applied to weighing luster, surface marks, strike etc.
If the PCGS standards more closely reflect the standards favored by the market, then the whole issue is moot in that it matters not from a demand and pricing point of view whether CAC agrees at times with NGC standards if the people with the money to spend do not agree.
"people make mistakes. It behooves each one of us to be able to grade the coins we consider to purchase."
And this;
"The problem is understanding the criteria applied to arriving at the “correct” grade. If PCGS withholds superb MS and PR grades from coins that have deep original toning, and gives those grades only to lightly toned or untoned coins, as some folks believe, while NGC is (or once was) more likely to award superb MS or PR grades to deeply toned coins, which grading standard is “correct”? Is one service penalizing originality and the other rewarding it and how should that impact price? Is it an eye appeal issue that should impact grade and price? And what standard does CAC apply to the deeply toned coin to determine if the grade on the holder is “correct”? The same issue could be applied to weighing luster, surface marks, strike etc."
The only thing I would change is that this applies to choice AU coins in addition to superb MS and PR.
<< <i>NGC does not sell what they grade; PCGS does...
Huh? >>
He may be thinking of David Hall Rare Coins selling PCGS slabbed coins. Hopefully, he can explain what he means but we all know that PCGS doesn't sell coins.
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>NGC does not sell what they grade; PCGS does...
Huh? >>
He may be thinking of David Hall Rare Coins selling PCGS slabbed coins. Hopefully, he can explain what he means but we all know that PCGS doesn't sell coins. >>
C
That's what I was thinking of, or "Collector's Universe". I have not heard of a parallel with NGC and their various related companies.
Both companies are doing an excellent job as I want coins certified not raw, and their work is providing a great deal of assurance to those who buy certified and not raw. >>
What happens when PCGS and NGC buys back their mistakes? Don't they crack them out and then sell them?
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
He may be thinking of David Hall Rare Coins selling PCGS slabbed coins. Hopefully, he can explain what he means but we all know that PCGS doesn't sell coins.C
That's what I was thinking of, or "Collector's Universe". I have not heard of a parallel with NGC and their various related companies.
Both companies are doing an excellent job as I want coins certified not raw, and their work is providing a great deal of assurance to those who buy certified and not raw.
<< <i>I'm impressed that you have such resolve that you don't really care about some of the most basic logic of intelligent collecting. >>
This is exactly the point of my original post although not the way Saint Guru has stated. "Basic logic of intelligent collecting" - tells me that if CAC says it is solid for the grade, then any TPG slabbed coins with a CAC sticker on it should be the "same" as any other TPG in the same grade.
The fact that many people have their personal stories and their preferences/biases doesn't change the logic behind CAC'd coins. The fact that people prefer PCGs or it brings more money says nothing about CAC. Obviously a number of people don't value the CAC sticker on an NGC coin but do on a PCGS coin. Where is the intelligent logic in that. The point of the OP has nothing to do with PCGS or NGC; it has to do with the value of CAC or the inconsistency in the value of CAC. >>
I think that this thread has dimenstrated that when people are involved the inherent preferences/biases that come from a person's experiances and perceptions win out over simple logic.
I disagree 100% with you. Crossover rate isn't perfectly correlated with actual grade. Even David Hall has gone on the record as admitting (and for good reason) the very obvious: graders are going to be much stricter on a coin when looking through plastic which restricts their ability to grade the coin. Plenty of those pieces would likely receive the same grade at PCGS - not all, but many.
<< <i>If a CAC sticker indicates a coin is solid for the grade, why would a CAC'd NGC coin be worth less than a PCGS CAC'd coin of the same grade? I hear a lot about "the right plastic" and NGC overgrading compared to PCGS so how does the CAC sticker enter into the equation? >>
Two words for you: "PCGS Registry"
To many registry buyers, the same coin in PCGS plastic is worth much more than the same coin in a NGC holder + cross over grading fees.
I price the coin and where it falls in the grade range irregardless of TPG or if it is even TPG graded. For CAC coins I may charge more if it has an impact on the coins cost. So NGC vs PCGS CAC is a moot issue with me. I think it is silly for people to get CAC stickers on coins under say $300.
<< <i>I price the coin and where it falls in the grade range irregardless of TPG or if it is even TPG graded. For CAC coins I may charge more if it has an impact on the coins cost. So NGC vs PCGS CAC is a moot issue with me. I think it is silly for people to get CAC stickers on coins under say $300. >>
Cougar,
I have a few of CAC Stickers on coins under $300. But the goal of my registry set is to have all 97 Morgans CAC'd.
In my personal experience PCGS CAC coins bring a premium. A major factor is the PCGS Registry. Also, bias or not, PCGS CAC is in demand more than NGC CAC. Right, wrong, or Kool aid drinking. It is what it is.
Morgan Everyman Set Member, Society of Silver Dollar Collectors. Looking for PCGS AU58+ 1901-P, 1896-O, & 1894-O
My own formula for stickered coins in gem 19th century silver type of comparable quality is that stickered PCGS coins bring at least 15% more than stickered NGC. Sometimes it has gone as high at 30% difference. And there was nothing off about the coin except the holder. If more people realized this then maybe NGC might be in more trouble. As an example, Legend is now primarily a CAC dealer when it comes to their on line inventory coins. I count 131 coins listed. 131 of them are PCGS...with most, if not all, stickered. Not a single CAC NGC coin to be found. Not a single NGC coin period. What are the odds? And what does it say? Just a fluke? If those NGC coins are truly worth as much and just as nice why aren't they a significant percentage of those 131 coins? I will remind those as well that of the 85 or so NGC coins in the Dick Osburn collection, vs. the 65 or so PCGS coins, the sticker rate for PCGS was 13X that of NGC. A statistical fluke? As Saint Guru said, it is what it is...until it isn't anymore. And for now, it is.
Saint Guru is right about feeling like your dog got hit by a car.
red! blue! coke! pepsi! democrat! republican! dogs! cats! huggies! pampers! heinz! hunts! apples! oranges! men! women! east coast! west coast! north! south! shaken! stirred! liberal! conservative! star trek! star wars! army! navy! hot! cold! hard! soft! innocent! guilty!
i say we get rid of pcgs and ngc and just have cac. their name is cooler any way. just put the sticker right on the coin and be done with it. then we all change to libertarians who drink water. now who's with me??? come on!
Solid for grade does not mean that all graded coins with or without a CAC sticker are equal in quality or value. I have lots of slabbed and CAC coins from both TPGs but I must admit that PCGS grades are in general more demanding and more valued in the market place. Ability to cross NGC to PCGS may or may not depend on the grade coin would attain if cracked out and submitted to PCGS without the burden of NGC plastic. It must be clear that PCGS has a vested interest in being superior.
<< <i>I'm not sure that the notion of grading conservatively is the same thing as accurate grading. >>
+1
Also, the better grading service isn't necessarily the one that grades more conservatively but the one that CONSISTENTLY grades to whatever standard they have.
<< <i>And the coin remains out of the discussion and PCGS, NGC and CAC are more important. It seems we really do have a problem here. >>
In essence this is true. Unfortunately, if you want to get your money's worth buying or selling in today's coin market the starting point is the assigned grade and the misc attributes and stickers attached to that coin (+, star, secure plus, CAC, etc.). This is like shopping for a used car and ignoring mileage, service history, car fax/auto check reports, and focusing solely on the pretty paint, nice chrome, and new tires. You buy the car because you like it...ignoring the fact that the market assigns most of it's value based on stickers, history, and mileage.....and then a premium for any overall "prettiness." Sure, you can pull a cream puff out of a higher mileage car if you know your stuff. But, don't complain when your engine or transmission fails <10,000 miles later.
Ngc, pcgs, cac who cares! The coin is what's important! If the plastic the coins in, the sticker it has on the slab, or if the assigned grade is what ultimately plays a large role in why you purchase a coin, IMO your not a true coin collector .
I have to question making a generalization saying an NGC coin is worth less than a PCGS coin period, especially someone who has not looked at the coins. I have coins from both services I am very proud of. The fact is, according to the CDN CMI, the two services are neck and neck at 83%. However, if we look at coin facts for the most part the auction results favor PCGS. At last count, NGC had more coins on Ebay. I have had PCGS coins I cracked out get downgraded at NGC. Recently I have buying 20 of a certain type: Walkers, Dollars, Commems with about an even distribution between PCGS and NGC (just a function of how the auction cookie crumbles). Laying the coins out under a 100 watt lamp with a good loupe, and sipping a brew there are high end and average quality coins from both services. Its a tough call to make. Homer, a guy in the coin club, showed me two conis both morgan dollars in the same grade. He said "PCGS is obviously better." One a really lustrous PCGS 1880-S and the other a dull NGC 1902-O not very wellstruck. Some of us explained to Homer that the 1880-S issue is going to have better eye appeal than the 1902-O issue in many instances while technically they are the same grade. I recently saw a NGC MS65 1902-0 in a Teletrade auction. The obverse was awesome looked MS66 but the a small dark spot was on the reverse and then I could understand the reason for it just being MS 65.
I do believe PCGS holds the lead technology wise especially with the Coin Facts tool (Don Willis video on CF swayed me to PCGS) and has a huge sway in recruiting individuals in preferring the TPG. The videos by David Hall in explaining market conditions are another edge to PCGS. However, NGC has surged ahead in the World Coin and Currency arena with their price guides. The PCGS price guide certainly holds the edge over what NGC uses for a price guide on US coins. I think of it as two football teams both blue chip contenders but with different strengths in different areas of the depth chart / roster. Will they merge one day, will one be routed out and eliminated from the planet, or will they both be replaced by something else with a new method and tech altogether? I hope not, competing fosters good prices on service tiers.......Tage a look at Scott Travers book on making money in the coin market where he interviews the principals of both services and draw your own conclusions.
Now we are going to debate the absurdity as to which holder looks better with a green bean. Go eat your beans, but I would rather look at the coin and decide for myself where it falls in the grade range. Well I will go back to my brew and still ponder this issue - opening my morgan dollar goodie box now.
The entire issue boils down to perception... personal perception at that. Much like the tabloid papers at checkout counters, perception sells - although the facts usually tell a different story. Buy the coin, ignore the holder/bean etc..... Cheers, RickO
Comments
<< <i>
<< <i>So I can buy near identical coins cheaper in NGC holders. i'll take that path... >>
You save a few bucks and you get what you pay for...a coin that no one will take a second glance at. Pay 10% more for a spectacular coin for the grade and watch if it brings 25% more...it happens quite frequently with better coins. I might know.
Or better yet, crack em out, get em in PCGS plastic and reap the rewards. I did.
Per my earlier post on the subject, there are some coins I would not buy in an NGC holder just because for the grade, they are usually 1/2 point not as nice as their PCGS counterparts, sticker or no sticker.
In dealing with the sticker vs. no sticker, PCGS vs. NGC dialogue / diatribe, one must address the particular coins being discussed. If you're looking at high end registry set material, I'd agree with Roadrunner, Saint Guru, etc. I think too many people on this forum focus on this unique sliver of the market. Granted, there is some trickle down here, but even then, you might be talking about 10% of the market.
But if you are dealing with say, an MS 63 type Barber Quarter, I think it depends on the coin. When there is a big price difference between same grade NGC and PCGS material, there is a good reason for it. The converse is also true.
TPGs offer expert opinions about coins. So does CAC. Experts are people, and while I think they get it right 90% of the time, people make mistakes. It behooves each one of us to be able to grade the coins we consider to purchase.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>I'm impressed that you have such resolve that you don't really care about some of the most basic logic of intelligent collecting. >>
This is exactly the point of my original post although not the way Saint Guru has stated. "Basic logic of intelligent collecting" - tells me that if CAC says it is solid for the grade, then any TPG slabbed coins with a CAC sticker on it should be the "same" as any other TPG in the same grade.
The fact that many people have their personal stories and their preferences/biases doesn't change the logic behind CAC'd coins. The fact that people prefer PCGs or it brings more money says nothing about CAC. Obviously a number of people don't value the CAC sticker on an NGC coin but do on a PCGS coin. Where is the intelligent logic in that. The point of the OP has nothing to do with PCGS or NGC; it has to do with the value of CAC or the inconsistency in the value of CAC.
There are 10 types of people in the world, those who understand binary and those who do not.
<< <i>I miss SaintGuru.
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i> if CAC says it is solid for the grade, then any TPG slabbed coins with a CAC sticker on it should be the "same" as any other TPG in the same grade. >>
The problem is understanding the criteria applied to arriving at the “correct” grade. If PCGS withholds superb MS and PR grades from coins that have deep original toning, and gives those grades only to lightly toned or untoned coins, as some folks believe, while NGC is (or once was) more likely to award superb MS or PR grades to deeply toned coins, which grading standard is “correct”? Is one service penalizing originality and the other rewarding it and how should that impact price? Is it an eye appeal issue that should impact grade and price? And what standard does CAC apply to the deeply toned coin to determine if the grade on the holder is “correct”? The same issue could be applied to weighing luster, surface marks, strike etc.
If the PCGS standards more closely reflect the standards favored by the market, then the whole issue is moot in that it matters not from a demand and pricing point of view whether CAC agrees at times with NGC standards if the people with the money to spend do not agree.
CG
"people make mistakes. It behooves each one of us to be able to grade the coins we consider to purchase."
And this;
"The problem is understanding the criteria applied to arriving at the “correct” grade. If PCGS withholds superb MS and PR grades from coins that have deep original toning, and gives those grades only to lightly toned or untoned coins, as some folks believe, while NGC is (or once was) more likely to award superb MS or PR grades to deeply toned coins, which grading standard is “correct”? Is one service penalizing originality and the other rewarding it and how should that impact price? Is it an eye appeal issue that should impact grade and price? And what standard does CAC apply to the deeply toned coin to determine if the grade on the holder is “correct”? The same issue could be applied to weighing luster, surface marks, strike etc."
The only thing I would change is that this applies to choice AU coins in addition to superb MS and PR.
Huh?
<< <i>NGC does not sell what they grade; PCGS does...
Huh? >>
He may be thinking of David Hall Rare Coins selling PCGS slabbed coins. Hopefully, he can explain what he means but we all know that PCGS doesn't sell coins.
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>
<< <i>NGC does not sell what they grade; PCGS does...
Huh? >>
He may be thinking of David Hall Rare Coins selling PCGS slabbed coins. Hopefully, he can explain what he means but we all know that PCGS doesn't sell coins. >>
C
That's what I was thinking of, or "Collector's Universe". I have not heard of a parallel with NGC and their various related companies.
Both companies are doing an excellent job as I want coins certified not raw, and their work is providing a great deal of assurance to those who buy certified and not raw. >>
What happens when PCGS and NGC buys back their mistakes? Don't they crack them out and then sell them?
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
Huh?
He may be thinking of David Hall Rare Coins selling PCGS slabbed coins. Hopefully, he can explain what he means but we all know that PCGS doesn't sell coins.C
That's what I was thinking of, or "Collector's Universe". I have not heard of a parallel with NGC and their various related companies.
Both companies are doing an excellent job as I want coins certified not raw, and their work is providing a great deal of assurance to those who buy certified and not raw.
PCGS does not have a coin retailing arm.
<< <i>
<< <i>I'm impressed that you have such resolve that you don't really care about some of the most basic logic of intelligent collecting. >>
This is exactly the point of my original post although not the way Saint Guru has stated. "Basic logic of intelligent collecting" - tells me that if CAC says it is solid for the grade, then any TPG slabbed coins with a CAC sticker on it should be the "same" as any other TPG in the same grade.
The fact that many people have their personal stories and their preferences/biases doesn't change the logic behind CAC'd coins. The fact that people prefer PCGs or it brings more money says nothing about CAC. Obviously a number of people don't value the CAC sticker on an NGC coin but do on a PCGS coin. Where is the intelligent logic in that. The point of the OP has nothing to do with PCGS or NGC; it has to do with the value of CAC or the inconsistency in the value of CAC. >>
I think that this thread has dimenstrated that when people are involved the inherent preferences/biases that come from a person's experiances and perceptions win out over simple logic.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
<< <i>
<< <i>To me and many others NGC+CAC = PCGS+CAC >>
Disagree 100%. Lots of NGC+CAC don't cross. >>
I disagree 100% with you. Crossover rate isn't perfectly correlated with actual grade. Even David Hall has gone on the record as admitting (and for good reason) the very obvious: graders are going to be much stricter on a coin when looking through plastic which restricts their ability to grade the coin. Plenty of those pieces would likely receive the same grade at PCGS - not all, but many.
<< <i>If a CAC sticker indicates a coin is solid for the grade, why would a CAC'd NGC coin be worth less than a PCGS CAC'd coin of the same grade? I hear a lot about "the right plastic" and NGC overgrading compared to PCGS so how does the CAC sticker enter into the equation? >>
Two words for you: "PCGS Registry"
To many registry buyers, the same coin in PCGS plastic is worth much more than the same coin in a NGC holder + cross over grading fees.
<< <i>I price the coin and where it falls in the grade range irregardless of TPG or if it is even TPG graded. For CAC coins I may charge more if it has an impact on the coins cost. So NGC vs PCGS CAC is a moot issue with me. I think it is silly for people to get CAC stickers on coins under say $300. >>
Cougar,
I have a few of CAC Stickers on coins under $300. But the goal of my registry set is to have all 97 Morgans CAC'd.
In my personal experience PCGS CAC coins bring a premium. A major factor is the PCGS Registry. Also, bias or not, PCGS CAC is in demand more than NGC CAC. Right, wrong, or Kool aid drinking. It is what it is.
Member, Society of Silver Dollar Collectors.
Looking for PCGS AU58+ 1901-P, 1896-O, & 1894-O
Sometimes it has gone as high at 30% difference. And there was nothing off about the coin except the holder. If more people realized this then maybe NGC might be in
more trouble. As an example, Legend is now primarily a CAC dealer when it comes to their on line inventory coins. I count 131 coins listed. 131 of them are PCGS...with
most, if not all, stickered. Not a single CAC NGC coin to be found. Not a single NGC coin period. What are the odds? And what does it say? Just a fluke? If those NGC
coins are truly worth as much and just as nice why aren't they a significant percentage of those 131 coins? I will remind those as well that of the 85 or so NGC coins in the
Dick Osburn collection, vs. the 65 or so PCGS coins, the sticker rate for PCGS was 13X that of NGC. A statistical fluke? As Saint Guru said, it is what it is...until it isn't anymore.
And for now, it is.
Saint Guru is right about feeling like your dog got hit by a car.
If they are cross worthy they will be crossed. Those that won't generally get dumped.
As John Lennon said, "...and that's reality."
i say we get rid of pcgs and ngc and just have cac. their name is cooler any way. just put the sticker right on the coin and be done with it. then we all change to libertarians who drink water. now who's with me??? come on!
It seems we really do have a problem here.
Experience the World through Numismatics...it's more than you can imagine.
Experience the World through Numismatics...it's more than you can imagine.
I have lots of slabbed and CAC coins from both TPGs but I must admit that PCGS grades are in general more demanding and more valued in the market place. Ability to cross NGC to PCGS may or may not depend on the grade coin would attain if cracked out and submitted to PCGS without the burden of NGC plastic. It must be clear that PCGS has a vested interest in being superior.
<< <i>I'm not sure that the notion of grading conservatively is the same thing as accurate grading. >>
+1
Also, the better grading service isn't necessarily the one that grades more conservatively but the one that CONSISTENTLY grades to whatever standard they have.
jom
<< <i>And the coin remains out of the discussion and PCGS, NGC and CAC are more important.
It seems we really do have a problem here. >>
In essence this is true. Unfortunately, if you want to get your money's worth buying or selling in today's coin market the starting point is the assigned grade
and the misc attributes and stickers attached to that coin (+, star, secure plus, CAC, etc.). This is like shopping for a used car and ignoring mileage, service
history, car fax/auto check reports, and focusing solely on the pretty paint, nice chrome, and new tires. You buy the car because you like it...ignoring the fact that
the market assigns most of it's value based on stickers, history, and mileage.....and then a premium for any overall "prettiness." Sure, you can pull a cream puff
out of a higher mileage car if you know your stuff. But, don't complain when your engine or transmission fails <10,000 miles later.
I wonder what direction this thread would have taken, had it been posted ATS?
It would have only gotten 2 replies and it would still be on the first page of topics.
cricket, cricket, cricket
<< <i>I wonder what direction this thread would have taken, had it been posted ATS?
It would have only gotten 2 replies and it would still be on the first page of topics.
cricket, cricket, cricket >>
.........and the sound of cicadas.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
I do believe PCGS holds the lead technology wise especially with the Coin Facts tool (Don Willis video on CF swayed me to PCGS) and has a huge sway in recruiting individuals in preferring the TPG. The videos by David Hall in explaining market conditions are another edge to PCGS. However, NGC has surged ahead in the World Coin and Currency arena with their price guides. The PCGS price guide certainly holds the edge over what NGC uses for a price guide on US coins. I think of it as two football teams both blue chip contenders but with different strengths in different areas of the depth chart / roster. Will they merge one day, will one be routed out and eliminated from the planet, or will they both be replaced by something else with a new method and tech altogether? I hope not, competing fosters good prices on service tiers.......Tage a look at Scott Travers book on making money in the coin market where he interviews the principals of both services and draw your own conclusions.
Now we are going to debate the absurdity as to which holder looks better with a green bean. Go eat your beans, but I would rather look at the coin and decide for myself where it falls in the grade range. Well I will go back to my brew and still ponder this issue - opening my morgan dollar goodie box now.