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Author Topic: NGC vs. PCGS pros and cons  (Read 3848 times)
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badon
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« on: 2011 Jan 09, 10:42:37 pm »



A lot of dealers are getting some of their coins graded by PCGS. I have started recommending PCGS coins, especially for gold, platinum, and palladium. NGC is still by far the most popular, and for very good reasons. But, in some cases, PCGS might be the better choice, even if only slightly better. I've made some lists that break down the pros and cons of NGC and PCGS, as I see them.

NGC pros

* Fast turnaround time
* Conservation and grading with one easy submission through NCS
* Well-sealed holders
* Popular worldwide, for all coins
* Large size holders for big coins
* Will grade unfamiliar coins with outside expert help, if necessary

NGC cons

* I can't think of any!

PCGS pros

* Stricter grading standards for high grade coins
* More emphasis on "eye appeal"
* Clear plastic holders put the focus on the coin
* Buyers pay a little more because they like the holder and the grading standards
 
 PCGS cons
 
 * Poorly sealed holders are not so good for silver and copper coins
 * Much slower turnaround time
 * Uninterested in grading coins they're not familiar with
 * Not so popular worldwide, focuses on American coins
 
 In short, you can never go wrong with NGC. But, in some cases, you might prefer PCGS. My personal pick is NGC. I do not own any PCGS coins at the moment, though I wouldn't hesitate to buy one if it suited me.
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groovemachine
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« Reply #1 on: 2011 Jan 15, 02:45:24 pm »

So, if I was going to sign up with NCS/NGC I see there is a $39/year member fee or a $109 option that includes 5 free submissions.  Do you know if those 5 free submissions can be used towards the modern coin NCS/NGC service or are they only good for submission directly to NGC?  I'm thinking of sending a few things off...
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badon
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« Reply #2 on: 2011 Jan 15, 03:58:37 pm »

The free submissions only go direct to NGC, so I'd just go with the cheaper one if you plan on getting everything conserved at NCS.
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If families are a problem for the system, then we must reject the system, not the families.
Founder of the Coin Compendium (forum, blogs, calendar, images, donate, contribute).
LBC makes you rich, with a free ebay gift certificate awarded every month!
The Coin Compendium and the china-mint.info forum, censure, disclosure.
Do not PM questions. Answers should be publicly available.
Backup is not enough. Protect your data with MultiPar.
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About me: User:Badon - MediaWiki.org
Badon effect: type 1 to 8, type 9.
I type faster on a TypeMatrix.
Use my work. Give credit.
Coin, medal, whatever!
Coin storage advice.
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