More auction world coins in NGC holders than PCGS

krueger · June 25, 2014 9:10AM

This what I am seeing and feeling everywhere even on the bourse floor.

Is NGC totally dominating the world coin slabbed market?

It is becoming tougher on PCGS registry set holders to buy NGC and loose value
if you want the piece in a PCGS holder. With the above situation as I perceive it
is becoming almost impossible to buy the coins I need in PCGS holders.

I have started some world registry sets with NGC because of this .
I don't have to worry about losing if I want a cross, or guessing what PCGS would do with it, and what might be my loss.

I still have PCGS registry sets as I started there, but they are going nowhere. My NGC registry sets are thriving.

Any comments?

Krueger

Krueger

JCMhouston · June 25, 2014 9:27AM

NGC has been grading world coins much longer than PCGS, so most graded world coins are in their holders.

You only lose value with people who buy plastic instead of coins, buy the coin you want regardless of the plastic it is in.

Pokermandude · June 25, 2014 9:33AM

<< buy the coin you want regardless of the plastic it is in. >>

Indeed. I have nice coins in all types of plastic. And many in no plastic. I try not to drink any kool-aid! I also don't have any desire to do any sort of registry set, but I do see the appeal for those who prefer one type of plastic or the other.

Muygrandeoso · June 25, 2014 9:36AM

>>

You only lose value with people who buy plastic instead of coins, buy the coin you want regardless of the plastic it is in. >>

This...

coinkat · June 25, 2014 9:40AM

One can buy raw coins and submit them to the service of your choice- depending on the registry sets.

canadacolornut · June 25, 2014 10:06AM

" I still have PCGS registry sets as I started there, but they are going nowhere. My NGC registry sets are thriving."

What does "thriving" mean anyway? More people flocking to NGC because they give a point or two better grade on the same coin than PCGS?

I think so- and it undermines the entire TPG process for no other reason than "bucks" from the masses.....

brg5658 · June 25, 2014 12:55PM

<< " I still have PCGS registry sets as I started there, but they are going nowhere. My NGC registry sets are thriving."

What does "thriving" mean anyway? More people flocking to NGC because they give a point or two better grade on the same coin than PCGS?

I think so- and it undermines the entire TPG process for no other reason than "bucks" from the masses..... >>

canadacolornut, what is your deal? That's one massive axe you have to grind. People aren't suddenly "flocking" to NGC -- NGC has been (since the advent of TPGs) the preferred non-USA coin grading company among collectors. This is not a recent exodus or transition. It is what it is.

With regard to the grading difference, it's complete hogwash to think that because you think you see something in your small proof and PL Canadian coinage niche that is consistent that such a trend would suddenly expand and apply to all world (non-USA) coin grading. This has not been my experience, nor the experience of many other board members here who collect more than Canadian coinage. It's simply overstated and oversimplified by you. The argument is getting tiresome...

It's ironic that this whole supposed "point difference" thing is most bothersome to you, who then goes on to complain about the money-making of the TPGs. ALL TPGs are in the business of making money. The only people they are thriving on are people just like you who think that the number on the slab is some how magical or infallible. True collectors just buy the coins they like and smile while doing so. I really don't care about a difference between PL67 and PL68, as in my mind, that's somewhat like caring about whether my ASE is graded MS69 or MS70. The ability for a TPG to consistently grade in the rarefied air of super-gem is just not there.

If you think PCGS is infallible and 100% consistent, I dare you to crack out 10 coins in PCGS holders and resubmit them to PCGS -- then get back to us on how many of them came back exactly the same grade as before. I think you'd be surprised.

/END RANT

JCMhouston · June 25, 2014 1:17PM

Sorry ccn, I've seen overrated and underrated coins in everyones plastic. My experience has not been even close to what you state.

And those blue tinged slabs need to go, besides the new costs from pcgs, that slab design is the main reason I never submitted to them. Aesthetically I just prefer the white slabs.

lordmarcovan · June 25, 2014 5:38PM

<< Aesthetically I just prefer the white slabs. >>

Funny, I'm the opposite. I find the white prongs intrusive, since they obstruct a portion of the coin's rim for photography purposes.

If they ever stepped up their photography service to match PCGS' TrueView, and switched to a less intrusive clear insert, I'd probably use them more. As it stands right now, they get my ancients, but PCGS gets everything else.

Mind you, I don't have a problem with the white inserts, generally- my objection is mostly to the prongs.

canadacolornut · June 25, 2014 6:28PM

Funny; some of you guys are like NGC. You see one thing and call it something else

1. "My small niche" is a bit larger than some might think. At one time I had the top FSB Roosevelt Dimes set ; highly ranked sets in Franklin halves and Washington
quarters and a substantial collection of U.S. Commemoratives and Morgan dollars. Back in the early 80's I had the first PCGS MS 69 Morgan, sold it for some $17,000 to
Heritage and you know they marked it up 25% or more. Later I foolishly sold most of it off to start up my Canadian collection for reasons I stated in another post; hold
several of the top sets there but gravitated into British Empire coins(it's a pretty big Empire, or was, and have built respectable sets in 10-12 categories. I say "foolishly"
from the stand point of financial gain. I've thoroughly enjoyed the variety and learning more about the coinage and it's place in the history of the country and don't spend a lot
of time looking back

2. Lord knows I've had overrated and underrated coins from ALL the grading houses over the years-including PCGS, ANACS, ICCS and some of the smaller services that went
out of business because they couldn't match the marketing acumen of the larger services.

The figures I stated on crossing are accurate. I have no reason to overstate them since I was a constant submitter to NGC at one time before the crossing experiences
and before I finally figured out their marketing ploy which I despise.

I don't question anyone else's experiences with NGC at all. I just know what I know about my own.

3. I never said people were "flocking" to NGC. My comments were directed to another poster who used the term.

4. I'm not a PCGS zombie-all businesses have marketing strategy or they don't survive. I just have a lot more respect for a grading house that doesn't use bumped up grades
in their strategy to undermine the others.

That's my take and my experience with NGC. You have yours and i respect it. That's why God made chocolate and vanilla I think.

Cheers....

dbcoin · June 25, 2014 11:34PM

There are more world coins in NGC slabs simply because NGC has been grading them for years before PCGS started. Overall, probably well less than 10% of world coins are even slabbed. Maybe even something like 2%. So to make a decision on a market based on 2% is not wise.

ajaan · June 26, 2014 12:06AM

One time this conversation came up and Chris at NEN said they submitted to World coins to NGC because there turnaround time was so much faster than PCGS. Some of the old timers may remember when World coin turnaround time at PCGS was 3 months or more and NGC was one month. The sooner a dealer has the coin in hand the quicker he can get it sold.

JerseyJoe · June 26, 2014 1:09AM

I find my world coins in PCGs sell for less then NGC.
And honestly I have coins of the same grade by both
companies and the NGC coin is nicer. My future
submissions will go to NGC.

brg5658 · June 26, 2014 2:00AM

<< I find my world coins in PCGs sell for less then NGC.
And honestly I have coins of the same grade by both
companies and the NGC coin is nicer. My future
submissions will go to NGC. >>

This has also been my experience on several different world coins. But, I don't make blanket statments of "one is better than the other" like CCN has done repeatedly on these forums. I have had several duplicates of coins even, one in a PCGS MS64 holder, the other in an NGC AU58 holder -- I kept the AU58 NGC coin because it was simply nicer. It is what it is.

Mileage may vary, and results may be different in other areas of the world coin market different from my collecting niche.

coinkat · June 26, 2014 4:11AM

Seems as if we just might be placing to much importance on plastic instead of what is inside it. If you buy into and accept the proposition that two coins that both grade 65 will not be created equal, then it stands to reason that the better eye appeal and captures "quality for the grade" will sell for more. Lets look at the coins and compare them first before comparing plastic.

dbcoin · June 26, 2014 4:21AM

What are the financials of NGC? They are a private company and don't publish such. Do they have adequate reserves to handle unforeseen warranty costs? Do they have adequate policies and procedures in place to ensure blind grading? Do they get audited?

PCGS puts all that stuff out there for the world to see. They are a very transparent company. Just sayin.

Steve27 · June 26, 2014 5:01AM

<< What are the financials of NGC? They are a private company and don't publish such. Do they have adequate reserves to handle unforeseen warranty costs? Do they have adequate policies and procedures in place to ensure blind grading? Do they get audited?

PCGS puts all that stuff out there for the world to see. They are a very transparent company. Just sayin. >>

"Numismatic Guaranty Corporation (NGC) has been the official grading service of the American Numismatic Association (ANA) since 1995." If they're good enough for the ANA, then they're good enough for me.

dbcoin · June 26, 2014 5:23AM

<< 

<< What are the financials of NGC? They are a private company and don't publish such. Do they have adequate reserves to handle unforeseen warranty costs? Do they have adequate policies and procedures in place to ensure blind grading? Do they get audited?

PCGS puts all that stuff out there for the world to see. They are a very transparent company. Just sayin. >>

"Numismatic Guaranty Corporation (NGC) has been the official grading service of the American Numismatic Association (ANA) since 1995." If they're good enough for the ANA, then they're good enough for me. >>

Sorry to burst your bubble on that, but NGC PAYS the ANA to be the official grading service. PCGS used to do it then decided the money they were paying was not worth it. Apparently this "endorsement" can fool gullible people. Are you gullible? 15K posts and been around since 2001 and you don't know that? Really? And before PCGS paid, ANACS paid and was the official company.

I looked at some previous threads where this was discussed and you even commented on them. So you are aware that NGC bought the endorsement and that's good enough for you? I want what you smoke.

BTW - I'm not saying NGC doesn't have enough money to pay out warranties and run their business, but there is no proof they do.

dbcoin · June 26, 2014 6:54AM

here's a post by David Hall from a few years back on the matter of paid endorsements:

For the past 5 years or so, PCGS has been the "official grading service" of the Professional Numismatists Guild (PNG.) We had been paying the PNG $40,000 per year, or $120,000 per three years.

This month the PNG accepted bids for a three year exclusive contract to be their "official grading service." They accepted bids from two grading services, PCGS and NGC. We made the business decision to bid a lot higher than the previous contract because of the competitive positions of the two grading services involved. PCGS bid $504,000 for the three year period in the form of $60,000 a year in cash and the remaining amount in free grading slots for PNG members. NGC bid $544,000 for the three year period in the form of $65,000 a year cash the first year and small increases in that cash amount for the second and third year along with free grading slots for PNG members. The bids were supposedly "sealed."

So NGC outbid PCGS for the right to claim they are the "official grading service" of the PNG. NGC is also the "official grading service" of the ANA. That too is a paid endorsement, and NGC outbid PCGS on that endorsement a few years back. We are not upset that we did not get this endorsement as we bid what we thought it was worth to us, all things considered. We did however, feel that buyers of third party certified coins deserve to know that these are paid endorsements...hence this post.

The bottom line is that an endorsement can be bought. Respect and value in the marketplace must be earned.

David Hall

brg5658 · June 26, 2014 8:31AM

<< here's a post by David Hall from a few years back on the matter of paid endorsements:

For the past 5 years or so, PCGS has been the "official grading service" of the Professional Numismatists Guild (PNG.) We had been paying the PNG $40,000 per year, or $120,000 per three years.

This month the PNG accepted bids for a three year exclusive contract to be their "official grading service." They accepted bids from two grading services, PCGS and NGC. We made the business decision to bid a lot higher than the previous contract because of the competitive positions of the two grading services involved. PCGS bid $504,000 for the three year period in the form of $60,000 a year in cash and the remaining amount in free grading slots for PNG members. NGC bid $544,000 for the three year period in the form of $65,000 a year cash the first year and small increases in that cash amount for the second and third year along with free grading slots for PNG members. The bids were supposedly "sealed."

So NGC outbid PCGS for the right to claim they are the "official grading service" of the PNG. NGC is also the "official grading service" of the ANA. That too is a paid endorsement, and NGC outbid PCGS on that endorsement a few years back. We are not upset that we did not get this endorsement as we bid what we thought it was worth to us, all things considered. We did however, feel that buyers of third party certified coins deserve to know that these are paid endorsements...hence this post.

The bottom line is that an endorsement can be bought. Respect and value in the marketplace must be earned.

David Hall >>

And had the endorsement bids been won by PCGS on both counts they would have spun the press-release in the completely opposite way -- bragging about their PNG and ANA official grader status. The point of what you report here is that PCGS didn't opt to not bid at all out of protest of the way things were done, but that their bid was low and didn't win. I don't see how this has anything relevant to do with the question at hand -- why are more world coins in NGC holders? But, you have created a distraction and straw-man argument to avoid the need to answer that particular question. You aren't by chance a newscaster for the 24-hour news cycle television stations?

dbcoin · June 26, 2014 9:13AM

I already answered the "why more" question by stating NGC has been grading for many more years than PCGS. I made the point that NGC is not a public company and you are putting your money into an unknown quantity. There has been no concrete rebuttal to that because that is an iron clad point. NGC's financials and ability to pay warranties are unknown.

dbcoin · June 26, 2014 9:34AM

I even turn it around for you. Why are there so many more posts on the PCGS forums as opposed to the NGC forums? PCGS even bans a ton of posters. PCGS is just more popular.

mdwoods · June 26, 2014 10:20AM

<< " I still have PCGS registry sets as I started there, but they are going nowhere. My NGC registry sets are thriving."

What does "thriving" mean anyway? More people flocking to NGC because they give a point or two better grade on the same coin than PCGS?

I think so- and it undermines the entire TPG process for no other reason than "bucks" from the masses..... >>

I agree for the most part though I'm not to thrilled with the way either grades Canadian silver dollars.

brg5658 · June 26, 2014 11:16AM

<< I already answered the "why more" question by stating NGC has been grading for many more years than PCGS. I made the point that NGC is not a public company and you are putting your money into an unknown quantity. There has been no concrete rebuttal to that because that is an iron clad point. NGC's financials and ability to pay warranties are unknown. >>

The financial (public vs. private) argument has nothing to do with the number of years that NGC has been grading coins. The issues are completely non-related -- thus I was asking you -- WHAT does NGC's private status have to do with more NGC holders of world coins? And, the answer you offer is "nothing" -- so why do you keep bringing that irrelevant little tid-bit into every conversation on this forum?

Now back to another point you made, some people may actually want to view the complete original thread where DHall talks about the PNG and ANA endorsements of NGC. That thread is here. And, that thread also didn't address any of my original comments -- had PCGS actually won the bid to PNG and ANA for their endorsement, then the "spin" on the announcement most assuredly would have been different. And, of course, all of this is still just a distraction from what true collectors care about -- we want our coins protected, graded, and authenticated for our enjoyment of the hobby. I couldn't give two "spits" about the fact that PCGS is a publicly traded company or that there are more posters on the (antiquated 1990s-esque) PCGS forum. Completely straw-man arguments.

Now carry on...

EVillageProwler · June 26, 2014 1:49PM

OMG - are we seriously having these stupid TPG arguments in a dark side forum?!?

I tend to buy my Anglo-Saxon hammered coins raw, and leave them raw. Does that make me smart, stupid or an enigma? How about "none of the above", because it makes me a COIN COLLECTOR.

COIN COLLECTOR.

C O I N C O L L E C T O R.

There - I spelled it out for you TPG partisans. Have fun collecting holders. I like coins, thank you very much. I'm a coin collector, and darn proud of it.

One of these days, I'm going to post a newp by simply showing a picture of its insert and watch all the plastic collectors go gaga. That'll be a real treat, yeah? Then, I'll post a picture of a raw newp's dealer tag and watch the plastic collectors comment on whether the tag is over-graded.

Steve27 · June 26, 2014 7:59PM

<< 

<< 

<< What are the financials of NGC? They are a private company and don't publish such. Do they have adequate reserves to handle unforeseen warranty costs? Do they have adequate policies and procedures in place to ensure blind grading? Do they get audited?

PCGS puts all that stuff out there for the world to see. They are a very transparent company. Just sayin. >>

"Numismatic Guaranty Corporation (NGC) has been the official grading service of the American Numismatic Association (ANA) since 1995." If they're good enough for the ANA, then they're good enough for me. >>

Sorry to burst your bubble on that, but NGC PAYS the ANA to be the official grading service. PCGS used to do it then decided the money they were paying was not worth it. Apparently this "endorsement" can fool gullible people. Are you gullible? 15K posts and been around since 2001 and you don't know that? Really? And before PCGS paid, ANACS paid and was the official company.

I looked at some previous threads where this was discussed and you even commented on them. So you are aware that NGC bought the endorsement and that's good enough for you? I want what you smoke.

BTW - I'm not saying NGC doesn't have enough money to pay out warranties and run their business, but there is no proof they do. >>

I would be happy to share what I'm smoking as long as you agree to give up the Kool-Aid.

dbcoin · June 26, 2014 8:28PM

Now back to another point you made, some people may actually want to view the complete original thread where DHall talks about the PNG and ANA endorsements of NGC. That thread is here. And, that thread also didn't address any of my original comments -- had PCGS actually won the bid to PNG and ANA for their endorsement, then the "spin" on the announcement most assuredly would have been different. And, of course, all of this is still just a distraction from what true collectors care about -- we want our coins protected, graded, and authenticated for our enjoyment of the hobby. I couldn't give two "spits" about the fact that PCGS is a publicly traded company or that there are more posters on the (antiquated 1990s-esque) PCGS forum. Completely straw-man arguments.

Now carry on...

You know that original thread was from 2004 right? So the 3 year contract has come and gone like 3 times now. PCGS hasn't even bid. There were other threads on that. So the "spin" is ANA and PNG are the losers as are collectors. Their endorsement means nothing

7Jaguars · June 26, 2014 9:41PM

Slabmania is quite something. I agree with what has been posted in that slabs serve some functions for some and some or none for others. Both of the majors here have shown some weakness and make mistakes also.

Frankly, most of us likely could care less which has ANA or PNG tags on them. Unfortunately, there is the perpetration of other "#&%*+#" with phenomena such as "First Strike" or "Early Relase", and the like.

brg5658 · June 26, 2014 11:42PM

<< OMG - are we seriously having these stupid TPG arguments in a dark side forum?!?

I tend to buy my Anglo-Saxon hammered coins raw, and leave them raw. Does that make me smart, stupid or an enigma? How about "none of the above", because it makes me a COIN COLLECTOR.

COIN COLLECTOR.

C O I N C O L L E C T O R.

There - I spelled it out for you TPG partisans. Have fun collecting holders. I like coins, thank you very much. I'm a coin collector, and darn proud of it.

One of these days, I'm going to post a newp by simply showing a picture of its insert and watch all the plastic collectors go gaga. That'll be a real treat, yeah? Then, I'll post a picture of a raw newp's dealer tag and watch the plastic collectors comment on whether the tag is over-graded.

>>

I agree with you, but the occasional trolls that end up here from the USA side require at least some push back. And the one certifiably crazy "nut" needs to get his facts straight.

/end rant

dbcoin · June 27, 2014 12:06AM

here's some facts for you from the "nut". BTW, the "nut" will retire comfortably with dividends from CU amongst others

NGC had 90%-95% market share just a few years ago. ICG and ANACS the remaining.

Now NGC market share is maybe 50%-55%, with ICG/ANACS at maybe 5% and PCGS the rest. How did NGC react to losing market share? Cutting prices? Sounds like Samsung vs Apple.

brg5658 · June 27, 2014 12:17AM

<< here's some facts for you from the "nut". BTW, the "nut" will retire comfortably with dividends from CU amongst others

NGC had 90%-95% market share just a few years ago. ICG and ANACS the remaining.

Now NGC market share is maybe 50%-55%, with ICG/ANACS at maybe 5% and PCGS the rest. How did NGC react to losing market share? Cutting prices? Sounds like Samsung vs Apple. >>

Complete hogwash. There is no way NGC had 90-95% market share "just a few years ago". I find it highly interesting how you just make up numbers to support your agenda. Again, I'll ask, are you a FoxNews reporter?

And, the "nut" reference wasn't a reference to you. Maybe look at the screen names here and you'll figure out what I'm talking about.

And, for the record, I don't really care about your retirement dividends. You seem to think that this is some sort of competition. It's not -- I collect coins, I'm not here to get in a pissing match with forum members about how rich I am or how savvy an investor I am or any other such thing. You seem to justify your existence with constant assumed competitive statements. I really couldn't care less about them.

dbcoin · June 27, 2014 12:45AM

Really? those numbers weren't correct? Please correct them. When I scanned ebay years ago when PCGS first announced their French office, it appeared that NGC coins for sale were in the 90%-95% range.

fixed typo

brg5658 · June 27, 2014 1:53AM

<< Really? those numbers weren't correct? Please correct them. When I scanned ebay years ago when PCGS first announced their French office, it appeared that NGC coins for sale were in the 90%-95% range.

fixed typo >>

PCGS opened their Paris Office a mere 4 years ago. That had nothing to do with their policy for grading of world coins, but rather broadened the access to PCGS for submitters in Europe. PCGS graded world coins for many, many years before that.

Your implication from your earlier post was that PCGS had 0% of the world market (as you said NGC had 90-95% and ICG/ANACS had the other part) "just a few years ago". That's completely false, and doesn't take any fancy analysis to realize is false. I have world graded coins in PCGS slabs from Generation 4 or earlier that were graded in the early to mid-1990s. That's not exactly "just a few years ago".

Your replies sound good up front, but the "fact checking" simply doesn't fall in place. I'm not the one blabbering off made-up numbers (so the onus of correcting your numbers isn't on me), but I can certainly justify with hard cold facts (based on physical evidence) that what you claim about PCGS having 0% market share until roughly 2005 (or however you define "just a few years ago") is completely false.

dbcoin · June 27, 2014 2:04AM

so they had what then, 5% market share? It wasn't known about, advertised, promoted, or endorsed.

you know this is the PCGS forums? NGC has their own forums...that no one uses.

canadacolornut · June 27, 2014 2:53AM

I don't know what "nut" you keep flailing in your insipid posts brg but it's past time to lay off.

I made an error in a post, corrected it and apologized for it.

I'm now trying hard to put this thread and your insults behind me and not let them goad me back in.

olmanjon · June 27, 2014 5:43AM

Wow guys! I think it is time to lighten up. I thought this was the world and ancient forum I was on. Sounds more like the US forum where every post gets negative rants. Whatever happened to the great guys and gals who use to post here? It's time to move on. How about a lighter post. My cancer has gone into remission. Whoo hoo!
Olmanjon

EVillageProwler · June 27, 2014 5:48AM

<< Wow guys! I think it is time to lighten up. I thought this was the world and ancient forum I was on. Sounds more like the US forum where every post gets negative rants. Whatever happened to the great guys and gals who use to post here? It's time to move on. How about a lighter post. My cancer has gone into remission. Whoo hoo!
Olmanjon >>

+1 (especially with the remission part)

Zohar · June 27, 2014 5:49AM

I declare this thread officially concluded without major casualties just an animated discussion. I believe we have collectively strengthened the TPG rivalry and earning potential as its clear we are all for slabbing yet have a variance in views regarding each TPG.

BTW, if dealers and collectors were relatively consistent and regarding relative grading and pricing, TPGs would not have such a thriving business.

Interestingly, ancient coins have not been pursuing the slab path while I find dealers grades being highly subjective with significant price variance. Time will tell if TPGs will catch on. Being a novice grader for ancients, I seek the 3rd party validation.

Have a nice weekend all.

dbcoin · June 27, 2014 5:58AM

PCGS made mention of Ancient coins recently on their facebook page. Look for them to start grading those soon. They just announced grading of tokens and medals too

Zohar · June 27, 2014 6:18AM

dbcoin - if that is the case, PCGS is catching up to NGC as the latter was the first to grade medals and ancients. I would expect a "public" company with financial resources to be in the forefront...

<< I made the point that NGC is not a public company and you are putting your money into an unknown quantity. There has been no concrete rebuttal to that because that is an iron clad point. NGC's financials and ability to pay warranties are unknown. >>

Lehman Brothers and AIG were public companies. Not sure public companies provide any better safeguards than private. As someone who runs a small business, I believe the commitment to the company and its resources by its shareholders and employees is far greater than the larger, heavier, political, companies. Reporting to Wall Street forces you to do things that are not always for the benefit of the customer, but rather to increase shareholder value.

Good luck with the stock investment, regardless.

Stork · June 27, 2014 7:34AM

First, and most importantly, WooHoo is right Olmanjin! Great news!

As for slabs, well some dude in Baltimore who shall remain nameless mostly because I don't recall his name, pulled out a couple of yen coins for my perusal while noting they were Gem BU. More like CS--cleaned and scratched with whatever luster there had been dipped off. He was asking V f/XF pricing, but if I'd been doing my internet shopping with raw coins, I'dve been sorely disappointed. And considering my buying tastes, the internet is the way I shop by necessity.

I definitely appreciate the way TPG have made me more able to collect what I want to collect in a more reliable fashion.

Cathy

marcmoish · June 28, 2014 1:18PM

hey KRUEGER ...you OK ?

You've been kinda quiet since you opened this one

Zohar · June 28, 2014 1:51PM

olmanjon - missed that prior response. That made this thread and my day turn very positive. Very good!

olmanjon · June 28, 2014 3:44PM

Thanks Zohar. Even though my type of cancer is not curable it can be controlled and appears to be in remission at the current time. Thanks for your thoughts.
Olmanjon

Stork · June 28, 2014 9:02PM

Oops, dang tablet typing got in the way. I meant 'Olmanjon' in my post. Glad to hear your news

.

krueger · July 1, 2014 11:20AM

Have been buying a few upgraded NGC coins for my Registry sets. Raw coins in high grade don't exist anymore.
So that's not an option today. Virtually all the coins I find for upgrades are in NGC holders so I cannot find/ buy the coins in the holder I prefer.

So my options for upgrading my PCGS Registry sets are:

Cross at grade (maybe one third cross at grade)
or crack and risk downgrades , details grades. ( all at potential financial loss)

I have decided to try an experiment and cross at grade some of my hand (great care) selected nicer NGC coins.
expecting a third or so to cross. Hating the more expense with more money lost.

I seriously wonder if the potential increased value for the PCGS holdered coins will make up the losses.
Do most of todays buyers really care about the actual or perceived grading differences anymore especially on world coins.

That's why my NGC registry sets are moving well (plug and Play, fun), but my PCGS sets are stalled,
giving me less pleasure and more angst.

Krueger

bronco2078 · July 1, 2014 11:51AM

I don't know much about registry sets but it seems like someone should start a new kind where any and all coins are eligible.

Probably would be a money losing proposition though I suppose thats why there isn't one

dbcoin · July 1, 2014 11:58PM

PCGS is running a crossover special this quarter. Only pay grading fees on coins that actually cross. Max of 5 coins. This seems like a perfect time for you to do this.

brg5658 · July 2, 2014 3:27AM

<< PCGS is running a crossover special this quarter. Only pay grading fees on coins that actually cross. Max of 5 coins. This seems like a perfect time for you to do this. >>

Oh...and the shipping and insurance both ways...which is not negligible...

More auction world coins in NGC holders than PCGS

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