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A question about over/under grading.

keetskeets Posts: 25,351 ✭✭✭✭✭
If the 4th party grading numbers could be examined, who do you think would be perceived to be the more strict grading company, PCGS or NGC??

Al H.

Comments

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>If the 4th party grading numbers could be examined, who do you think would be perceived to be the more strict grading company, PCGS or NGC?? >>

    I don't think we can determine this since NGC's strict work is more likely to be crossed over or cracked out to PCGS. Perception is, to some degree, self-fulfilling.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    wouldn't you be able to tell which/how many coins hadn't passed??
  • MrEurekaMrEureka Posts: 24,419 ✭✭✭✭✭
    I don't think we can determine this since NGC's strict work is more likely to be crossed over or cracked out to PCGS. Perception is, to some degree, self-fulfilling.

    This is true.

    Also, it would be a mistake to assume that the difference between the PCGS and NGC grading standards has remained constant over the years. Therefore, if you're trying to figure out if one service is tighter than the other, and by how much, you'll have to compare coins that were graded by the two companies on the same day, more or less.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
    To add to the confusion, I think it also varies by series. NGC is typically (not always) looser on commems. I think they are also somewhat less strict on cleaned items, since they offer a cleaning service.
    ANA-LM, NBS, EAC
  • TorinoCobra71TorinoCobra71 Posts: 8,061 ✭✭✭


    << <i>If the 4th party grading numbers could be examined, who do you think would be perceived to be the more strict grading company, PCGS or NGC??

    Al H. >>



    Who/What do you consider 4th Party Grading?

    image

    image
  • lasvegasteddylasvegasteddy Posts: 10,432 ✭✭✭
    let me finish slammin 2 or 3 first then..."i'll be back"
    image
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • keetskeets Posts: 25,351 ✭✭✭✭✭
    image
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    The "fourth party grading services" grade coins based on their standards, not those of PCGS or NGC (which are also different from each other). The best you can hope for is to assess how PCGS or NGC are over/under the "fourth party" since there is no universal grading standard.

    Edited to fix spelling...
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • TPRCTPRC Posts: 3,814 ✭✭✭✭✭


    << <i>If the 4th party grading numbers could be examined, who do you think would be perceived to be the more strict grading company, PCGS or NGC??

    Al H. >>



    Comments above notwithstanding, the simple answer to this question is PCGS!

    Tom

  • MsMorrisineMsMorrisine Posts: 35,914 ✭✭✭✭✭
    there is also the question of which submitters can best judge a beanable coin.
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • coinkatcoinkat Posts: 23,848 ✭✭✭✭✭
    It depends

    Because this is on the US coin forum, that helps in terms of providing a shorter answer that will likely pass the straight face test.

    Depends on the series
    Depends when the coin was graded
    Depends on the coin and how it is perceived based on its characteristics

    Please keep in mind that I am being brief and to the point

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

  • MsMorrisineMsMorrisine Posts: 35,914 ✭✭✭✭✭
    <this space intentionally left blank>
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    excuse me!!..............................this is my thread and you can't change the question. start your own thread.image
  • YEH! Food fight!image
  • morgansforevermorgansforever Posts: 8,484 ✭✭✭✭✭
    <<let me finish slammin 2 or 3 first then..."i'll be back">>
    That is some funny shat!

    Based on my limited experience PCGS is tighter, and coins in their holders realize more.
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>excuse me!!..............................this is my thread and you can't change the question. start your own thread.image >>





    ...image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • MsMorrisineMsMorrisine Posts: 35,914 ✭✭✭✭✭
    nah.


    no pot stirring here
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭

    ...neat smiley, though, yes? image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • airplanenutairplanenut Posts: 22,390 ✭✭✭✭✭


    << <i>The "fourth party grading services" grade coins based on their standards, not those of PCGS or NGC (which are also different from each other). The best you can hope for is to assess how PCGS or NGC are over/under the "fourth party" since there is no universal grading standard. >>

    Not just that. Don't forget that there are more biases added to the process. People may have a bias towards PCGS or NGC coins, then they select the coins to send along to the "4th party." If someone buys discounted coins that are, on the whole, low end for the grade, they will have poor results for stickers regardless of whether the coins are PCGS or NGC. If someone is very selective, they will have good results.

    The real test would be to take a random group of coins, send it to PCGS, and then send them all for stickering. Then crack the coins and do the same test with NGC. It will also expose any potential sticker bias for coins that receive the same grade at both PCGS and NGC.
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>The "fourth party grading services" grade coins based on their standards, not those of PCGS or NGC (which are also different from each other >>



    Nice to see some accurate information from astrorat. I've seen all too often folks saying that the "fourth party grading services" grade to each individuals (PCGS or NGC) standards.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    It all depends on whether your buying or selling......image

    image
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    If you want to see who has consistently graded tighter over the past 24-25 yrs just look at the pop reports. Both services have seen a similar number of coins, resubmissions included.
    For starters look at the % of MS65 capped bust halves. It's not even close. Last I looked the ratio was like 4 to 1. Patterns can be found by doing relatively simple research in about
    1 hour of time. There's no need to dig into 3rd and 4th party inputs to answer the orig question....just look at the pops to see who has held the line in each grade as a % of the
    total coins submitted.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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