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If you wanted a possible problem coin in a graded holder?
moosesr
Posts: 1,966 ✭✭✭
If you wanted a possible problem coin in a graded holder, but to avoid the expense of sending it to a major grading service several times, would you be happy with the coin in a off-brand holder, such as NNC, SEGS or SGS that didn't mention the problem or the same coin in a major grading service holder that mentioned the problem?
I am talking about coins that don't have obvious problems and that would grade by the major services on one day and maybe not the next, but wouldn't be worth the expense of sending in for grading several times.
I am talking about coins that don't have obvious problems and that would grade by the major services on one day and maybe not the next, but wouldn't be worth the expense of sending in for grading several times.
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In honor of the memory of Cpl. Michael E. Thompson
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>A PCGS genuine is held in higher esteem than a SEGS or ANACS holder in my opinion. You can't deny the liquidity of the PCGS holder. >>
The old small white ANACS holders are accurately, even conservatively graded, IMO.
Just go with a genuine pcgs holder and do us, and the hobby, a favor.
<< <i>
<< <i>A PCGS genuine is held in higher esteem than a SEGS or ANACS holder in my opinion. You can't deny the liquidity of the PCGS holder. >>
The old small white ANACS holders are accurately, even conservatively graded, IMO. >>
Yes, the small, white, older ANACS holders are viewed differently than the newer blue and yellow label holders. I have crossed several old holdered ANACS coins to PCGS after buying them at a discount.
<< <i>Details graded coins are the kiss of death >>
I agree and the main reason I was considering off-brand holders....
general opinions are just that, general. to get information content, one must get specific
Liberty: Parent of Science & Industry
Point is, to someone that can tell what's actually going on, it doesn't matter what the holder says.
Empty Nest Collection
<< <i>
<< <i>A PCGS genuine is held in higher esteem than a SEGS or ANACS holder in my opinion. You can't deny the liquidity of the PCGS holder. >>
The old small white ANACS holders are accurately, even conservatively graded, IMO. >>
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>And yet I have heard Larry Briggs (SEGS) praised by a former numismatist at HA as having encyclopedic numismatic knowledge; and NNCs chief honcho won a major grading competition. So there is a difference in criteria for acceptable coins with them, a big difference, over the real market. >>
Just because a dealer is an expert grader doesn't mean he won't overgrade his inventory so he can boost their prices.
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>A PCGS genuine is held in higher esteem than a SEGS or ANACS holder in my opinion. You can't deny the liquidity of the PCGS holder. >>
The old small white ANACS holders are accurately, even conservatively graded, IMO. >>
I agree with this with the posible exception of some ANACS DMPL Morgans that might rate PL in this era.
Pete
Louis Armstrong
<< <i>
<< <i>And yet I have heard Larry Briggs (SEGS) praised by a former numismatist at HA as having encyclopedic numismatic knowledge; and NNCs chief honcho won a major grading competition. So there is a difference in criteria for acceptable coins with them, a big difference, over the real market. >>
Just because a dealer is an expert grader doesn't mean he won't overgrade his inventory so he can boost their prices. >>
Certainly the temptation would be there.
It would take a strong man not to give his own coins the benefit of the doubt when deciding if it is an MS64 or MS65, especially when the one point may mean 100's or even 1000's of dollars.
I don't know Larry Briggs, so I can't speak of his character one way or the other.
I have seen SEGS coins and the grading was all over the place IMO.
I consider NNC coins a joke.
<< <i>Third world slabs (NNC, SGS, etc.), I have long said, are "worse than raw". >>
From CDN:
PCGS: 82.60%
NGC: 82.97%
ANACS: 67.1%
ICG: 67.86%
PCI: 52.62%
SEGS: 48.66%
NCI: 44.62%
INS: 34.21%
<< <i>Isn't this the equalizer?
From CDN:
PCGS: 82.60%
NGC: 82.97%
ANACS: 67.1%
ICG: 67.86%
PCI: 52.62%
SEGS: 48.66%
NCI: 44.62%
INS: 34.21% >>
Meaningless and they should get rid of it. How many INS or NCI graded coins do you see trade hands? Are NGC coins really worth more than PCGS 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>Isn't this the equalizer?
From CDN:
PCGS: 82.60%
NGC: 82.97%
ANACS: 67.1%
ICG: 67.86%
PCI: 52.62%
SEGS: 48.66%
NCI: 44.62%
INS: 34.21% >>
The ANACS numbers include all types of ANACS holders. I bet ANACS % would be much higher if limited to small, white holders only. And honestly the 82.6% number seems pretty low to me too.
<< <i>
<< <i>Isn't this the equalizer?
From CDN:
PCGS: 82.60%
NGC: 82.97%
ANACS: 67.1%
ICG: 67.86%
PCI: 52.62%
SEGS: 48.66%
NCI: 44.62%
INS: 34.21% >>
The ANACS numbers include all types of ANACS holders. I bet ANACS % would be much higher if limited to small, white holders only. And honestly the 82.6% number seems pretty low to me too. >>
I think they should continue to do this but for coins in the $200-300 up to several thousand dollar range. That way there will be a way of comparing apples to apples. And I do agree that these numbers seem off when I compare to what I see at shows most weekends.