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True or false: A problem coin is more likely to be holdered at PCGS than NGC
RYK
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It's been my experience, anyway. I have had three coins now that have been holdered at PCGS (two with an unofficial net grade) that were BB's at NGC. I asked a dealer friend, and he said that my observation is consistent with his considerably more vast experience.
I do not have any problem with this, personally, so long that the practice is consistent. NGC has the NCS affiliate, in part existing to slab problem coins, so there is a natural outlet for them. PCGS has no comparable service. Perhaps, this is the reason that they will slab problem coins.
Any thoughts?
I do not have any problem with this, personally, so long that the practice is consistent. NGC has the NCS affiliate, in part existing to slab problem coins, so there is a natural outlet for them. PCGS has no comparable service. Perhaps, this is the reason that they will slab problem coins.
Any thoughts?
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Only minor problems though...and that is generally compared to NGC.
siliconvalleycoins.com
Russ, NCNE
I've seen crap in both holders. From a bent key date Morgan in a PCGS holder, a Graffiti'd two cent piece in a pcgs holder, to a corroded jefferson nickel in an ngc holder that I just sent back to them this week.
The good news is that the Graffiti'd two cent piece was bought back by pcgs. The bent Morgan was cracked out at a shop because a large wholesale buyer thought it was bent, and the store owner didn't believe him. Boy, was he upset. Not sure what happened after that, but it was bent. I can let you know what happens with the corroded pf/Jefferson nickel and NGC.
It can go on and on. Those three coins are off the top of my head in 30 seconds.
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Purely anecdotal, but I have two 18th century large cents that were BB'd by NGC (for corrosion and cleaning) and holdered by ANACS with no net grade.
The service is almost dependent on that being the case.
I am VERY against conservation and would rather own a NET graded ANACS.
I....think..... NCS will destroy NGC.
Nobody else thinks that. Well one very respected forum member agrees, but other than him nobody seems to give a spit.
<< <i> ANACS is by far the stickest when it comes to problem coins. I sent two net graded ANACS coins to NGC and they slabbed them both without any problems. The first coin had "Rim damage" and the other was "lightly cleaned". Both problems were very minor and the coins were circulated precivil war gold. Naturally I cracked them out before I submitted them.
Purely anecdotal, but I have two 18th century large cents that were BB'd by NGC (for corrosion and cleaning) and holdered by ANACS with no net grade. >>
RYK---I can cite other examples. I am a US gold collector and am not experienced with how the grading services grade other series. I've seen gold in net graded ANACS holders that I had to look hard to find the problem on the coin which is noted on the label. My experiences are consistent with others on this board based on the poll going on in another thread which is addressing this issue.
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
That's a very bold prediction. NCS will destroy NGC. I don't think so. If anything, the NCS service adds value to the NGC/Collectors-society package.
If you were to say "Shop at Home will destroy NGC", that would be a much more plausable statement. Though, I don't really think that will be the case either.
That's a very bold prediction. NCS will destroy NGC. I don't think so. If anything, the NCS service adds value to the NGC/Collectors-society package.
In the tiniest of microcosms, yes. In the grand scheme of things, the original statement is accurate.
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edited to add: and NGC probably bumped that coin a point too after NCS ruined it.
The service is almost dependent on that being the case.
I am VERY against conservation and would rather own a NET graded ANACS.
I....think..... NCS will destroy NGC.
Nobody else thinks that. Well one very respected forum member agrees, but other than him nobody seems to give a spit.
In my somewhat limited experience, I have also seen a lot more coins that I felt should be BB'd for improper cleaning in NGC than I have in PCGS
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242