Though I understand they're very tough now, NGC's early small cent grading still has a negative impact on their IH prices. Compounding this is the popularity of the PCGS registry and the fact that so many NGC IH's get tried for crossover. If you take a common Indian cent date & grade like 1908 65RD and go back two years in Heritage's archives, you find 22 PCGS coins have sold for an avg $417 and 18 NGC coins for $279. The PCGS MS65RD 1908's sold for one-third more. This isn't a very scientific study and the gap is likely not that large, but it's a fact of life when it comes to small cents.
The spread in early date, (1964 to 1970), high grade Kennedy Halves is so large as to be ridiculous. In some cases, we're talking not percentages, but rather multiples.
On balance, I believe the market is getting closer to evaluating the coin and not the holder especially for non-modern coins. Hence any price differences are now more often due to the attributes of the coin. I believe there are still however certain series where there is a difference in grading standards between PCGS and NGC. For example, there appears to be different standard for draped and capped bust half dollars in the VF and up grades.
There used to be a time when it was profitable to obtain "selected" bust half NGC coins and cross them to PCGS because of the market price difference between NGC and PCGS draped and bust halfs in the same grade. Unfortunately, that window has pretty much closed.
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Russ, NCNE
K S
<< <i>are you buying coins to enjoy, or for resale? >>
Uh, gee, how about both?
Russ, NCNE
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since 8/1/6
There used to be a time when it was profitable to obtain "selected" bust half NGC coins and cross them to PCGS because of the market price difference between NGC and PCGS draped and bust halfs in the same grade. Unfortunately, that window has pretty much closed.