PCGS has finally derailed. They have pissed of too many people-especially dealers. So guess what happened at Baltimore? NGC got 10,000 submissions (that is what I heard) and had to close up early as they could not handle it all.
I go thru the bigger dealers boxes now and its 70% NGC.
Will more dealers submitting to NGC help its market? Will the public spend the big bucks on NGC CAC coins?
I am staying PCGS CAC. But will you change? And don't think PCGS is crossing all CAC coins-HECK NO!!!! I have a pile-and last I knew I was pretty at grading.
FYI: All the crackout genuises are pretty much shut down at PCGS. That is why a few did not attend Baltimore.
Comments
If I had discretionary $$ I would load up on these. And, thankfully, I am not a John. So many Johns
- Ian
The fact PCGS was not grading at Baltimore was NOT the reason NGC got overloaded. EVERY major submitter is pissed off at PCGS. Look at their boxes-they are now 70% NGC. THIS IS FACT. There is a grading problem that needs to be addressed.
Again, don't think an NGC CAC will cross easily....
I see far worse graded higher. By photos anyhow.
Its time for PCGS to start waking up. CAC will do moderns. Everyone will go where they get the best value.
In all my years, I have never seen PCGS so tight as to the number of no grades/no crosses/down grades. It's been ever since CAC announced they were becoming a grading service. One thing I'll say, save for the Bass coins (I think less then 10% CAC'd), PCGS has been lock tight across the board.
I am a huge PCGS CAC fan. So don't think I am spatting on PCGS. I am pointing out a problem. I do not want to buy NGC coins.
Steve
I am confused as to why PCGS is so backed up. What is your opinion as to what is causing their problem? Perhaps it is time for your new updated web site hot topic which I enjoy reading?
Wine Steve, NGC CAC A coins are NOT crossing. I have a pile as does everyone else.
I guess the old saying goes, if you can't beat them join them? I won't for NGC -they are too commercial for me.
Steve
Steve