NGC vs PCGS weightings

CarlWohlforth

So PCGS has really messed up Morgan Dollar weights. Does NGC have it right?

I noticed PCGS messed up Proof Roosevelt '50-'64 weights. Nobody here cared. I did a detailed examination of the weights here and over there at NGC. As far as I can tell NGC has it wrong also. I was able to send a detailed email to PCGS describing why the weights were wrong.

Since I had absolutely no support, not even one reply from you all to a post about the subject I am not surprised to know nothing has changed.

Since I don't know the NGC system I can only report what I've deduced. So I don't even have enough facts to present an argument to them, beyond what I've posted there.

I hope the PCGS sets remain the most popular. This is because I want to play with other people and I want to know what the rules of the game are. Even if the rules don't make much sense, at least they are known.

Fairlaneman

Carl:

I will respond.

NGC basically goes by the Value of the Coin with No Reguard to Set Completeness and PCGS, I think, goes by the Rareity of the Coin to a Certain Extent and Set Completeness. IMO if there was a Happy Medium between these two Standards most People would be Satisfied. The Problem with PCGS is they give the Coin 1 weight without reguard to Rareity in the Higest Grades. NGC's Problem is that about all they Consider is a Price Published on a Sheet.

Both Services have made it Possible for Collectors to enjoy collecting in a somewhat Competitive Manner and to Meet People through this Service that has been Offered. In My mind that is Sufficient for Me.

Ken


EDIT: I forgot Stuff.

DIMEMAN

I really don't worry about the weights, since it is the same for everyone. Price and rariety probably are pretty close. The only advantage I can see is money. The more money you can spend on coins the better you will do in the registry. I try not to think about it that much and enjoy the coins that I can afford.
After all if you complete any of these series's in any grade you have something to be proud of.

Just my thoughts.

Jon

CarlWohlforth

After the first few NGC sets were posted there was a big reaction. There were several one coin sets that blew away (by the percent slider thingy they have) complete sets. There was a general outcry because the second place set had the same coin as the one coin set, only one point lower.

Now we all agree that sometimes coins are borderline one grade or the next. We also agree that mistakes can be made. So NGC responded by changing their formula to reward completeness to some extent.

I have been told many times that NGC weighs coins by value. This is vague and doesn't help me decide what coin to buy. There is a huge price difference between NGC and PCGS coins of the same grade, at least in the modern DCAM proofs I look at. Which price do they use? I don't know but I do know they weigh PCGS and NGC coins of the same date/grade the same because we tested that. Where do they get their prices? As we all know prices for top coins vary. Aren't these the very coins we are most interested in? Saying the coins are weighed by value is not saying much.

I have posted a simple question there "What to buy next?" but don't have an answer. I guess it isn't a simple question.

Fairlaneman

Carl:

On where they get the Price Tom B and Spooly had that figured out. Maybe ask one of them. I do remember when they were figuring the Mercs they wanted Me to Dump my NGC29S Merc in MS67 out of the set because they could not find a price for it. That Rules out the Blue Sheet at least.