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-   -   Grading info on coins - one person's opinion (http://goldismoney.info/forums/showthread.php?t=36888)

HistoryStudent 05-21-2006 01:58 PM

Grading info on coins - one person's opinion
 
http://www.bellaonline.com/articles/art38730.asp

interesting.

SirSilverOzzyyzzO 05-22-2006 01:21 PM

Re: Grading info on coins - one person's opinion
 
1234567890

The Argent Dragon 05-22-2006 03:08 PM

Re: Grading info on coins - one person's opinion
 
Here's my 0.02 cents based on experience :

#1 is PCGS - very few dealers will ever argue or even mention 'mis-grades' and often PCGS command full value + a small percentage above that.

#2 is NGC - few dealers will dispute coins graded by this service and an NGC coin usually commands full value.

ANY and I do many ANY of the others are 'suspect' with ANACS and ICG being 'fuzzy' at best. All too often I've seen and mistakenly purchased coins that are a whole grade 'lower' than what's shown.

SEGS - is by far the worst and the lowest in consistency.

The old adage goes - "buy the coin not the holder".....

Although the article does prove something - dealers won't try to rob you on a 'slabbed' or graded coin - but a 'raw' coin is a whole different story.

The Argent Dragon 05-22-2006 03:12 PM

Re: Grading info on coins - one person's opinion
 
BTW - to add to it I forgot to mention something.....

"NTC" - this is one of the newest on the market for slabbed / graded coins.

Often an MS-66 or MS-67 coin is usually a whole 2-grades lower than what is labeled. Just look on eBay and see what I'm talking about. You'll find the NTC coins in MS-66 sell the same as a PCGS MS-64 and there's a reason for it.

Sure, if you want bragging rights, by all means buy an NTC MS-67 but just remember that it's probably an MS-65 (or less) so I wouldn't fork over hundreds thinking you're getting the deal of the century.

FWIW - just my honest opinion from an experienced numismatist.

HistoryStudent 05-23-2006 11:07 AM

Re: Grading info on coins - one person's opinion
 
Quote:

Originally Posted by The Argent Dragon
BTW - to add to it I forgot to mention something.....

"NTC" - this is one of the newest on the market for slabbed / graded coins.

Often an MS-66 or MS-67 coin is usually a whole 2-grades lower than what is labeled. Just look on eBay and see what I'm talking about. You'll find the NTC coins in MS-66 sell the same as a PCGS MS-64 and there's a reason for it.

Sure, if you want bragging rights, by all means buy an NTC MS-67 but just remember that it's probably an MS-65 (or less) so I wouldn't fork over hundreds thinking you're getting the deal of the century.

FWIW - just my honest opinion from an experienced numismatist.

Great two posts above. Experience and wisdom shows.


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