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Poll: If you grade like they do across the street are you a good grader?

If you have a very high rate of success at getting your coins to grade out at NGC but you are batting below the Mendoza line with your crack outs, raw submissions and cross overs at PCGS are you a good grader? Your failures at PCGS are not bagged, they just come back a point or two below your assigned grade or come back DNC.

Comments

  • StaircoinsStaircoins Posts: 2,577 ✭✭✭

    Each TPG has its own standard.

    +1 before the poof.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,516 ✭✭✭✭✭
    I think they grade the same way across the street as they do here. One side at a time and then come up with a consensus.
  • mozinmozin Posts: 8,755 ✭✭✭
    No way do I believe NGC graded coins routinely cross to PCGS at same grade. Similar graded coins at NGC do not command the same auction prices as PCGS coins at the same grade.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • BAJJERFANBAJJERFAN Posts: 31,236 ✭✭✭✭✭


    << <i>No way do I believe NGC graded coins routinely cross to PCGS at same grade. Similar graded coins at NGC do not command the same auction prices as PCGS coins at the same grade. >>



    I have had decent luck getting NGC coins into PCGS holders at the same or better grades, moreso after crackout out than actual crossover. Kinda pissed me a bit on a couple of recent ones that came back a grade lower, esp. the ones that had that green thingy on em. HTF can a coin be solid for the grade for 3 different grades?
    theknowitalltroll;
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
    I really do believe it depends on the series.
    ANA-LM, NBS, EAC
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭
    My experience with NGC graded coins is they tend to let a light old cleaning slide more than PCGS. Amost every AU has come back a notch lower. I have crosed a few and upgraded a few!
  • "...If you have a very high rate of success at getting your coins to grade out at NGC but you are batting below the Mendoza line with your crack outs, raw submissions and cross overs at PCGS are you a good grader?..."


    Maybe, if I were to gauge myself to variable ill-defined market standards. What would that mean anyway.
    Just because you are grading like everyone else...

    Eric
  • BillJonesBillJones Posts: 34,685 ✭✭✭✭✭
    It depends upon the specific coin, and I strongly dislike the premise of this poll. It deserves to be poofed really soon. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    A solid for the grade NGC coin when cracked out and submitted raw to PCGS will for the most part grade the same. It's the below average or lower end coins that have a problem getting the same grade.

    I learned to grade across the street in 1987-1990 when standards between the two services were much closer. There's no problem switching between the two standards. Most of the problem seems to come in on
    toned coins with muted luster or coins with minor problems and/or showing signs of possible light cleaning. But if I had to do it all over again I'd concentrate on PCGS as the primary standard and work from there. I did
    it backwards.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • derrybderryb Posts: 37,563 ✭✭✭✭✭
    grading is subjective and not scientific. I believe that the two top TPGs employ the best of the best when it comes to grading and while their opinions sometimes differ I don't view one any better than the other. My choice really boils down to the holder itself.
  • Cougar1978Cougar1978 Posts: 8,725 ✭✭✭✭✭
    I judge how they are perceived by the marketplace based on the CDN CMI. Beyond that I don't believe generalizations can be made.

    I believe many people complaining of NGC coins not crossing to PCGS probably had low end coins to begin with. This is based on experience with seeing how certain clients coins crossed. Some of these people were short on grading skills to begin with and I believe they went for the bargains, hence ending up with low end material. If you made a buying mistake to begin with, of course it probably won't cross at the same grade.

    I need to look at the coin itself (under a glass with 100 watt light) to determine if I believe its properly graded or where it falls in the grade range.
    Coins & Currency
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    If some one can even grade that is a + in my book.Then all you need to do is find the one that will up grade in any holder. Now that is the key and having a good eye will help. image


    Hoard the keys.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    The most impressive comparison I've ever seen in an advanced collection was when the Dick Osburn halves were stickered prior to auction. Out of approx 150 pieces with a 55/45% NGC/PCGS split, the overall group stickered at 19%. The kicker was that PCGS stickered at 13X the rate that NGC did. Incredible.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • mozinmozin Posts: 8,755 ✭✭✭


    << <i>The most impressive comparison I've ever seen in an advanced collection was when the Dick Osburn halves were stickered prior to auction. Out of approx 150 pieces with a 55/45% NGC/PCGS split, the overall group stickered at 19%. The kicker was that PCGS stickered at 13X the rate that NGC did. Incredible. >>





    Exactly what I was saying, and the auctions show much the same.
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • CuKevinCuKevin Posts: 1,736 ✭✭✭✭


    << <i>It depends upon the specific coin, and I strongly dislike the premise of this poll. It deserves to be poofed really soon. image >>



    +1
    Zircon Cases - Protect Your Vintage Slabs www.ZirconCases.com
    Choice Numismatics www.ChoiceCoin.com

    CN eBay

    All of my collection is in a safe deposit box!
  • BruceSBruceS Posts: 1,356 ✭✭✭✭✭


    << <i>It depends upon the specific coin, and I strongly dislike the premise of this poll. It deserves to be poofed really soon. image >>


    image

    eBay ID-bruceshort978
    Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
  • CalGoldCalGold Posts: 2,608 ✭✭


    << <i>It depends upon the specific coin >>



    Sorry Bill but that makes no sense at all. And now look, you've started a stampeed of lemmings.

    CG


  • << <i>My experience with NGC graded coins is they tend to let a light old cleaning slide more than PCGS. Amost every AU has come back a notch lower. I have crosed a few and upgraded a few! >>



    That is very much the opposite of what I have experienced.

    I've always found NGC to be more eager to "problem" a coin, with the exception of questionable color.
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    One important point, most conservative is not synonymous with correctly graded.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • shishshish Posts: 1,175 ✭✭✭✭✭
    "I've always found NGC to be more eager to "problem" a coin, with the exception of questionable color." image
    Liberty Seated and Trade Dollar Specialist
  • shishshish Posts: 1,175 ✭✭✭✭✭
    "The most impressive comparison I've ever seen in an advanced collection was when the Dick Osburn halves were stickered prior to auction. Out of approx 150 pieces with a 55/45% NGC/PCGS split, the overall group stickered at 19%. The kicker was that PCGS stickered at 13X the rate that NGC did. Incredible."

    This real data summarizes my experience. image
    Liberty Seated and Trade Dollar Specialist
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    There's good and bad in all brand holders...

    So if your coins aren't upgrading or at least crossing at the same grade level it's not a TPG issue but the buyers ability to spot the difference.

    Knowledge is king in this hobby and hence I'm not voting on your poll as I feel this thread is in poor taste.

    image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • TrimeTrime Posts: 1,863 ✭✭✭
    This is a tiring discussion held over and over again on this forum.
    In general PCGS slabbed coins sell at a premium over NGC slabbed coins.
    To answer the question originally asked. An accomplished grader will know the series and the TPG general biases. He/she can grade on both sides of the street as well as the freeway,
    Trime
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Grading is subjective.... if you want consistency, either invent standards or develop computer grading.... we have neither in coin grading at this time. Cheers, RickO
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,516 ✭✭✭✭✭


    << <i>One important point, most conservative is not synonymous with correctly graded. >>



    Well said... and that's nearly as good as "well done". I , like Broadstruck , could not vote in the poll as I couldn't find a proper place to place a vote. Every coin stands on it's own merit and we all agree "to a point". It's typically not the "GRADE POINT" that upsets the apple cart, but the price paid , which usually makes the biggest difference.
  • JcarneyJcarney Posts: 3,154
    If one can grade as well as an NGC grader, then I would say that person is a professional, world-class grader. Saying anything else would be silly.
    “When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin


    My icon IS my coin. It is a gem 1949 FBL Franklin.
  • << One important point, most conservative is not synonymous with correctly graded. >>


    "...want to see your coins in the highest grade possible..."


    Eric
  • jmj3esqjmj3esq Posts: 5,421
    PCGS is the standard. It has gained the most respect over their years of offering the service. NGC is next in line. I have personally had NGC coins that I have sent to PCGS for grading and have had pretty good results on upgrades. They are fine for grading but I just hate the big fat slabs. They aren't as bad as most think. NGC graders are just fine.
  • BloodManBloodMan Posts: 1,836 ✭✭✭✭✭


    << <i>The most impressive comparison I've ever seen in an advanced collection was when the Dick Osburn halves were stickered prior to auction. Out of approx 150 pieces with a 55/45% NGC/PCGS split, the overall group stickered at 19%. The kicker was that PCGS stickered at 13X the rate that NGC did. Incredible. >>



    Doing the math, 2 NGC coins were stickered (2.5%) and 27 PCGS coins (40%).

  • coinkatcoinkat Posts: 23,773 ✭✭✭✭✭
    Being a student of Tom Lehrer's New Math, it's more important to know what you are doing than to get the right answer

    Experience the World through Numismatics...it's more than you can imagine.

  • NGC graders are great at grading to NGC's standards. The problem is NGC isn't currently aligned with the overall market's standard unless you count a few baulk modern sellers, misfit toys, slab shopping dealers and home shopping channels. I see a couple of old timers who remember how NGC used to be and still hold them at that level, but not many and even they don't buy them at full market prices.

    Now darkside and ancient coins are another matter, NGC is probably 1#.
  • johnny9434johnny9434 Posts: 29,070 ✭✭✭✭✭
    i believe both side have their pros and cons. whats the point of this thread anyway?
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    no, not good
    excellent
    LCoopie = Les
  • PerryHallPerryHall Posts: 46,730 ✭✭✭✭✭


    << <i>whats the point of this thread anyway? >>



    I'm guessing it's to give the Kool-Aid drinkers an opportunity to disparage NGC.

    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

  • BillJonesBillJones Posts: 34,685 ✭✭✭✭✭


    << <i>

    << <i>It depends upon the specific coin >>



    Sorry Bill but that makes no sense at all. And now look, you've started a stampeed of lemmings.

    CG >>



    That does not make any sense at all?

    Please.

    If you have looked at any quantity of coins at all through the years you have seen certified pieces from both of the major services that were over graded, under graded on the money. Generalizations like "All NGC coins are over graded;" "Coins with this color of label are under graded;" and "all coins housed in old holders are crack-out candidates," are a reflection if ignorance. Each coin has be evaluated on its own merits, and there are no hard and fast rules that will relieve the collector of the responsibility to learn how to grade for themselves if they going to successful in the hobby.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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