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Do you think PCGS is keeping "track" of high grade coins to avoid paying out of pocket for

jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
I have started to wonder if PCGS is not giving coins their deserved grades because they might have to buy them back in the future under spot/grade gaurantee reviews... It would make a whole lot of sense why NGC is giving out about twice as many PF70 coins when compared to PCGS. I bet, I just bet if PCGS did away with their gaurantee and commitment to buy back coins, they would grade coins a lot higher...... image

Think back to the 2006 W ASE's. Why in the world would they wait a year to decide to grade them MS70? Maybe because they were waiting to make sure the majority were not spotting and wouldn't have to deal with buy backs..

Comments

  • STONESTONE Posts: 15,275
    I think their grade guarantee is whats keeping their coins graded more properly than other such grading services without the guarantee.
  • GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    That is quality. Grading something higher than they would want to buy it for themself is not quality. It's why non guaranteed slabbers are worthless opinions.

    If you pay me $30 I'll call your coin a 70 with no guarantee.
    (sight unseen)

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    Ed
  • Since NGC also has a grade guarantee, your theory does not make sense. Also, PCGS had made it a policy not to grade ASE's MS70 for years before the 2006-W was issued. They started this year because the burnished 'W' ASE have much better quality than the non 'W' bullion ASE's.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • pontiacinfpontiacinf Posts: 8,915 ✭✭


    << <i>I think their grade guarantee is whats keeping their coins graded more properly than other such grading services without the guarantee. >>



    image
    image

    Go BIG or GO HOME. ©Bill
  • BAJJERFANBAJJERFAN Posts: 31,395 ✭✭✭✭✭
    I would guess that they probably give those coins a greater scrutiny and maybe more consensus opinion than they would the same widget in lower grade. I would imagine that a 1880-o morgan would have to be solid for the grade to get a 65.
    theknowitalltroll;
  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    You are all right, it didn't make much sense. I wasn't trying to be a conspiracy theorist, I just thought about it for a second.

    Thanks!

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