Howdy, Stranger!
It looks like you're new here. If you want to get involved, click one of these buttons!
Quick Links
NGC versus PCGS
I have found that their grading is identical about 90% of the time, no matter how many times I resubmit the same coins to both services. Of course, this percentage only applies to the key, semi-key, and low mintage coins (mainly MS65 and less) in which i deal.
Because the market perceives PCGS to be the superior service, anything decent in NGC holders often gets crossed over by PCGS while the dreck stays in NGC slabs, further (unfairly) eroding NGC's image.
A good way to gauge which service more strictly grades a particular issue in a particular grade is to look at their respective population data. For instance, NGC is more liberal with 1940's MS67 Mercury dimes as evidenced by their considerably higher populations.
The same population indicator also applies to modifiers. NGC is actually more conservative with the RD and FB designations for nearly every issue in every series. Compare their populations for proof.
And yes, I know that other factors may effect to which service coins are submitted, such as monthly specials, special photography, politics, and variety notations.
As for CAC, I believe that they are slightly more likely to approve PCGS coins yet simultaneously reject identical NGC coins due to unconscious bias. I have no proof; it is just an educated guess.
Because the market perceives PCGS to be the superior service, anything decent in NGC holders often gets crossed over by PCGS while the dreck stays in NGC slabs, further (unfairly) eroding NGC's image.
A good way to gauge which service more strictly grades a particular issue in a particular grade is to look at their respective population data. For instance, NGC is more liberal with 1940's MS67 Mercury dimes as evidenced by their considerably higher populations.
The same population indicator also applies to modifiers. NGC is actually more conservative with the RD and FB designations for nearly every issue in every series. Compare their populations for proof.
And yes, I know that other factors may effect to which service coins are submitted, such as monthly specials, special photography, politics, and variety notations.
As for CAC, I believe that they are slightly more likely to approve PCGS coins yet simultaneously reject identical NGC coins due to unconscious bias. I have no proof; it is just an educated guess.
Tagged:
Comments
This is one of the key differences between the two companies. Many of the best NGC coins get crossed over, and their mistakes stay in NGC holders which does damage to the brand. This even applies to CAC approved NGC coins. It's almost like non CAC PCGS coin is valued higher than a CAC approved NGC coin.
In foreign coin field, NGC is the leader. NGC has a very high reputation when it comes to grading ancient coins.
Btw , it’s working . I’m now shying away from NGC slabbed coins unless it’s CACed .
Thoughts ?
Best chance to get NGC 67 into a PCGS holder is to crack it out.
Alternatively submit to PCGS as a cross at 66 and assuming it crosses send back to PCGS as a regrade and hopefully you’ll finally get it in a 67 holder.
What happens if a cross is accepted and upon cracking a significant flaw is revealed? The TPG is on the hook. There's no going back.
So it makes sense that the TPG's are conservative with crosses. It would be ideal if, after assigning a crossing grade, the raw coin were returned to graders for another assessment. But that's not the workflow.
Cracking and submitting raw usually yields a better shake. Graders see the entire raw coin without worries. The problem, of course, is the possibility of a body bag. Then all is lost.
Sometimes the better option, albeit a possibly more expensive one, is to cross at any grade to get the coin in the preferred plastic. And then, if it deserves better, have it regraded where the coin is cracked and assessed raw. The grade is guaranteed so there is no risk of a bodybag or downgrade.
Lance.
Steve
Of course that leaves me with inferior coins that hurt my eyes.
I Always hope for a higher grade, but I usually agree with how NGC grades them.
#1.In my opinion, They seem more consistent on hairlines and milk spots.
#2. I love the star designation.
#3. I also like their standards for cameo/ ultra cameo better than PCGS.
All of mine are cac approved with only one currently in a pcgs holder.
Last year I also cracked out two NGC bust dollars that were in a details holder for being improperly cleaned. Sent them to PCGS raw and both coins were straight graded, no details, VF-35 1800 and a VG-10 1802.
Soda vs Pop vs Coke
Krystals vs White Castle
Apple vs Android
…
Your results are what the masses experience .