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Toned coin dealers/collectors, which do you prefer, a PCGS slab or NGC slab with a star?
AnkurJ
Posts: 11,375 ✭✭✭✭
How much does that star on an NGC slab increase the value?
All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
0
Comments
Just buy the coin.
<< <i>I prefer nice coins, and I don't care what the holder says. I've seen coins with stars that are crap, and I have coins that should have gotten stars but didn't. I've seen coins in PCGS holders that are amazing, and I've seen coins in PCGS holders that are ugly as sin. My most impressive Morgan dollar is raw because the Capital Plastics holder it's in is elegant and I didn't want to throw away $30 for a new holder.
Just buy the coin. >>
Good response. It comes down to the specific coin without regard to which slab it's in.
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<< <i>I prefer nice coins, and I don't care what the holder says. I've seen coins with stars that are crap, and I have coins that should have gotten stars but didn't. I've seen coins in PCGS holders that are amazing, and I've seen coins in PCGS holders that are ugly as sin. My most impressive Morgan dollar is raw because the Capital Plastics holder it's in is elegant and I didn't want to throw away $30 for a new holder.
Just buy the coin. >>
Great response Jeremy. This is indeed the basis of the hobby.
Larry L.
As it reminds me of an era when the collector could judge if a coin was PQ on their own.
<< <i><< I prefer nice coins, and I don't care what the holder says. I've seen coins with stars that are crap, and I have coins that should have gotten stars but didn't. I've seen coins in PCGS holders that are amazing, and I've seen coins in PCGS holders that are ugly as sin. My most impressive Morgan dollar is raw because the Capital Plastics holder it's in is elegant and I didn't want to throw away $30 for a new holder.
Just buy the coin. >>
Great response Jeremy. This is indeed the basis of the hobby. >>
It's a fine perspective, but it doesn't answer the OPs question. The OPs question was about which holder people prefer. The rubber stamp answer is buy the coin, not holder. We all know that. What the OP asked was do we prefer PCGS or an NGC star.
I like Broadstruck's answer the best
That star or cac don't mean squat!
<< <i>I like Broadstruck's answer the best
Thanks Doh
<< <i>If the toning is attractive that star can result in a hefty premium. I've sold 3 franklins that have had the star and all 3 went for high premiums but imo they deserved it! >>
This test fails Statistics 101. There is no proof that the star added or subtracted any value to the coins sold. All you know is that the coins received a premium. I've paid huge premiums for coins without stars because the coins deserved it. A star on the label would have resulted in no difference in my valuation of those pieces. Similarly, I've handled coins with stars for which I would not pay the going rate for the date/grade.
The PCGS slab is the only plastic worthy enough to hold my most prized Mighty , Mighty Franklins
<< <i>
<< <i>If the toning is attractive that star can result in a hefty premium. I've sold 3 franklins that have had the star and all 3 went for high premiums but imo they deserved it! >>
This test fails Statistics 101. There is no proof that the star added or subtracted any value to the coins sold. All you know is that the coins received a premium. I've paid huge premiums for coins without stars because the coins deserved it. A star on the label would have resulted in no difference in my valuation of those pieces. Similarly, I've handled coins with stars for which I would not pay the going rate for the date/grade. >>
I must say you got a point i didnt think of it that way. Personally i dont care what the label says, what plastic its in, or what a seller describes it as. To limit yourself to any of those 3 doesnt make you a collector but more of a bandwagon rider or a registry game player
<< <i>..........I take the NGC Star's and use them in the garage to level off the shelves.
The PCGS slab is the only plastic worthy enough to hold my most prized Mighty , Mighty Franklins >>
<< <i>PCGS. The NGC star is totally meaningless to me. >>
<< <i>
<< <i>PCGS. The NGC star is totally meaningless to me. >>
And
The OP asked a simple question. Put down the koolaid. Does anyone have some recent sales/auction experience where a star coin met or exceeded an equivalent graded PCGS coin. Let's not go off on tangents.
https://pcgs.com/setregistry/showcase/2819
In honor of the memory of Cpl. Michael E. Thompson
If it were pot luck and I didn't get to see either coin before buying them, then I'd take the PCGS coin.
roadrunner
I used to think colorful copper had to be in a PCGS holder to get serious interest from copper collectors, until I learned that there are more NGC copper collectors than PCGS out there. Saw a fugly 57D lincoln graded 67*RB go for $1050 on teletrade but that coin in a PCGS of any kind wouldn't have fetched 1/3 of that amount. The star did all the selling IMO.
So the star is a powerful marketing tool even though it's meaningless as a determinant of eye appeal.
I still only trust PCGS' opinion on copper color and authenticity.
trumps both slab or score(designation) on slab
But I just like the clear plastic better, and the ngc slabs are like looking into a cave for small denominations.
But I definitely buy both, as I'm after the currency disks inside.
rainbowroosie April 1, 2003
I sense that this thread is going to devolve into another chorus of “buy the coin not the holder” when most folks ought to be buying the coin and the holder, including paying a price commensurate with fact that an NGC coin might not grade out at PCGS.
CG
<< <i>Guys,
The OP asked a simple question. Put down the koolaid. Does anyone have some recent sales/auction experience where a star coin met or exceeded an equivalent graded PCGS coin. Let's not go off on tangents. >>
Yep! For those who say it's silly, doesnt a CAC sticker do the same?
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
I have sold some monster NGC toners..
My customers would rather have PCGS in alot of cases.
POB 854
Temecula CA 92593
310-710-2869 cell
www.LSRarecoins.com
Larry@LSRarecoins.com
<< <i>Yep! For those who say it's silly, doesnt a CAC sticker do the same? >>
No, the CAC sticker is not the same as a star. CAC stickes coins based on whether they agree with the assigned grade and means that in their opinion the grade is correct and the coin is not low end for the grade on the holder. A gold star means they believe the coin is undergraded. CAC would not sticker an NGC star coin if they believed it was overgraded, AT, puttied or otherwise messed with.
CG
<< <i>
<< <i>Yep! For those who say it's silly, doesnt a CAC sticker do the same? >>
No, the CAC sticker is not the same as a star. CAC stickes coins based on whether they agree with the assigned grade and means that in their opinion the grade is correct and the coin is not low end for the grade on the holder. A gold star means they believe the coin is undergraded. CAC would not sticker an NGC star coin if they believed it was overgraded, AT, puttied or otherwise messed with.
CG >>
So you have two opinions of a coins grade on a slab? Seriously.
I prefer PCGS holders myself, but that doesnt mean I would buy a nice looking coin in an NGC holder.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!