PCGS vs NGC: Which One is Better to Get your Coins Graded by?
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- Опубликовано: 5 июн 2022
- Today I discuss what exactly is coin grading, what is PCGS and NGC, and what the differences are between the two companies. During the video I'll discuss pricing, slabs, quality, and why you should pick one over the other. Secret lesson you're buying the coin not the grading company and slab.
Info on Grading Standards: www.pcgs.com/grades
PCGS Pricing: www.pcgs.com/servicesandfees
Survey Results: americancoinstash.com/2021/01...
Get $15 off your first purchase on WhatNot by clicking this link: whatnot.com/invite/mcducking2021
#PCGS #NGC #coingrading #coins #numismatics
I love the look of the NGC slabs. And NGC produces many beautiful labels that add to the presentation. I buy the coin AND the slab !!!
They do have some unique labels.
IMO, the graders at NGC, PCGS, and ANACS are all on equal footing as "graders". However, if selling them is what you are into, PCGS has a history of fetching top-dollar at auction.
There's always that. I like the slabs for PCGS. They seem simpler and more welcoming design wise.
NGC is more reputable for older coins, such as the 1800’s
I've been an NGC member for the last 6 years and would send off my coins to them for grading. As of this month, 1/23, I will no longer utilize NGC. The problem with NGC is their holders. As anyone who has submitted enough coins to NGC likely knows, there are always some you receive back from them with the labels not placed properly or protruding due to them not being glued properly (or the labels start to come loose and protrude over time). Or another issue is sometimes the prongs holding the coins are bent or damaged. Maybe I am being too particular, but I figure if I am going to take the time to spend the money and ship valuable coins off to NGC to put into my permanent collection I want a nice coin to be housed in a NICE looking holder. Now, on NGC's part, anytime I would send back coins in damaged holders for a re-holder (damage due to them, not on my part) they always would re-holder free of charge. Every single year for the last 4 years, every time I sent off a batch of coins I had to send in damaged holders for a free re-holder. It was almost a sort of cycle, I had to keep buying new annual memberships so that I could keep sending in my damaged holders to be replaced. Well, the final straw was this month when on my recent submission I sent back three coins (one with a protruding label and two with damaged prongs) and I requested the re-holders and described exactly what the problems were with the coins. When I received back my coins one was done properly and the two which needed replacement due to damaged prongs had damaged prongs once again after they performed the re-holder. I told myself that's it: I could put up with a mistake they will fix for free, but when they make more mistakes trying to fix original mistakes I have to call it quits. Time to make a clean break from NGC and move over to PCGS since they have superior holders. PCGS labels are held TIGHT since the holder is recessed over the labels and you won't see protruding labels as you will with NGC. Also, since the coins are held "in suspension" in the clear plastic holder there are no prongs to have to worry about being bent or damaged. Seriously, NGC has a problem with their quality control department. They focus on turnaround speed to the detriment of the quality of their product. I'll gladly pay a bit extra and wait a bit extra so that I no longer have the stress associated with getting damaged holders. When I open up my coin shipment, it should be an enjoyable experience adding the newly graded coins to my permanent collection. Instead, with NGC over the last few years, it has been less than enjoyable because I always have to monkey around with sending coins back and dealing with taht endless merry-go-round. Oh well, live and learn.....and I have learned that for particular collectors such as myself, PCGS is the way to go.
Thanks for the heads up.
You are Brainwashed by Plastic Holder ! Ha Ha Ha ! Buying Membership Fee too ! What a waste of money and time ! They are all the Ugliest Holder with Ears . Only Accugrade Holder received multi Million US Dollars on my 1995 Penny On Dime Planchet -ACG MINT. Most TRUSTED Holder when it comes to TRUE Coin Error and Varieties!
Both company prongs are the same and as for the label I have only seen one label that was not right I come to find out if it’s very hot and humid in the area you are sending it from and also ngc is in Florida those label are perfect when done I was told the heat and humidity does from time to time cause the label to curl but I have seen it in pcgs also and my issue with pcgs holder is it not attractive and extremely hard and brittle the top stacking prongs break all the time if a pcgs coin gets dropped it’s damaging the holder period
you are spot on, for instance go to platinum night at heritage 90 per cent will be pcgs
Great information, much success to your channel and life ahead ✊🏾
You too sir
I agree with you. I prefer PCGS, but NGC is acceptable. My current collection of slabbed coins are about 2/3rds PCGS and 1/3rd NGC. However, my Peace dollars are all PCGS, as there’s fewer coins in the set, and I want them all graded by the same TPG. I subbed (#275). Best of luck getting to 500 subs in short order.
Most my moderns are NGC.
Great info - thank you!
Your welcome
Very helpful video. Thanks for sharing. Subscribed !!!
Thanks for the sub! More content coming after family leaves this week. I have 3 vids in the hopper waiting.
Absolutely PCGS #1, NGC #2, all the rest tie for last...
I am a new subscriber . I enjoyed your video . I am from the northwest too Washington state .
Thanks for subbing!
Doing great man gave you a sub
thank you sir. I aim to inform while having fun.
I subscribed for you good video
Hola" muy buen antecedentes referente a las compañías le agradezco Sr muchas gracias y Bendiciones a ud su familia
Hey great vid. I just subbed.
Thanks for sub. Got another great few vids in the works
Good info, have you submitted to both pcgs & ngc yourself? What about Anac's & ICG? Thanks for the info, subscribed.
I have bought NGC slabs. Never submitted one before though.
I prefer the overall chunkiness of the NGC holders over the minimal casings of PCGS....both top notch graders.To each their own
Agree. Each of their pros/cons. I prefer the PCGS prolly b/c I grew up on those.
PCGS for modern coins, NGC for the oldies
I prefer ungraded coins. But PCGS is the go to for pricing of any coin. Seen a few NGC coins over graded ( in my opinion). The other coin grading companies I do not trust enough. Coin grading is subjective anyway no matter what….especially at the higher end coins.
and hence why I do prefer to buy my coins graded. because if it's subjective I could be haggling with a private buyer over whether say a morgan is a MS62, 63, or 64 and waste my time, energy, and money. With a professionally graded coin there's a little less haggling going on over the grade of the coin and more on the price each of us is willing to agree upon.
A lot of great info and thanks for doing this video. A few points… You are right on everything. But the concept of grading was invented and first done by ANACS. Around 1972… they sold and are now a private company. You also need to include ICG. I know haters out there but each has their niche. If you deal and plan to sell the coins then PCGS is the winner hands down. NGC is best for selling but also great for collections - their case is slightly higher grade. ANACS is best for ancients and errors/varieties since they recognize more errors and varieties. You did not mention that if you pay for an error at PCGS and they don’t recognize it then you lose that money. Same for NGC. Finally, ICG is best for collectors on a budget but need to validate and protect coins. They are also best for moderns since they only cost like $12-$15 per coin. ICG was started for some former NGC graders. Grading is subjective and you will find opinions on who grades best but if you have a business that depends on lower populations of certain grades then they will not be given out even if they were probably warranted. Last comment is that ANCAS and ICG are also membership free and neither sells coins. Neither hosts pricing databases of their coins… they just verify and protect. If that’s what you need then save some money. PCGS wins across the board but it is so expensive now and takes months to get your coins back… NGC is also excellent and has some of the best graders out there but equally expensive. At least for me I can drive my coins to them in Sarasota and save on shipping - same for ICG in Tampa. Many factors to consider and it should be based on what you are grading most of the time… and why you are grading.
All very good info. I also have owned a few ICG coins in the past. Perhaps I should do a vid on coin grading on a budget? 😁
You are very Wrong ! Mr Alan Hager of Accugrade Start it in 1984 then followed by PCGS in 1986 after Owner of PCGS paid Mr Alan Hager of 100,000.00 for his expertise and is PATENT. Then in 1987 was Born to Become The First 3 Coin Grading Company ! Where is ANACs here ?
NGC was Born in 1987 as the first 3 Coin Grading Company ! So where the ANACs here ?
@@pennyondime95 I am pretty sure that the ANA (American Numismatic Association) was the first in 1972 - they graded coins and put them in sleeves and not a traditional slab. They used a photo certificate system. They also graded each side independently. They felt being the official coin collecting association that they should not be involved in grading so they sold the grading company to a private company in 1976. Then in 1983 ownership changed again. The Director of ANACS is also the editor of The Red Book - and has been since then. In 1989 they started following the style of some competitors and put their coins in the Traditional Plastic slabs as the others were doing. So, they started the concept and all the others followed them. Heck they wrote the book - “The Official American Numismatics Association Grading Standards” which is what all current grading is based on.
Lawsuit of DEFAMATION count 1,2 and 3 the Defendants are ANA,PCGS, HRIztAGE,and many more individual Coin Collectors that rides on theirs troll of Detractors to Kill the Competition in Coin Grading ! It was settled in favor of Accugrade and the Hager ! Now you are All the Victims for paying High in Coin Grading Done by the Defendants ! Membership FEE,Attribution Fee , Etc ! What kind of Grade is that with STAR and Plus after NUMERICAL Number and Sticker plus label of First Release First Issue and more BS in their Holder ! Even Freaking Nail and Scrapped is Now on their Holder ! BEAHAHAHA !
So all things considered, how much more will a PCGS coin sell for over an NGC? And, is the wait time worth the extra money?
I recently bought 3 2023 silver American eagles in BU condition I want to buy a graded one next time so from watching your video it should not matter between PCGS vs NGC but probably by the higher grading number
I would like to how do let PCGS that I want to put my coins up for auction n submission form
your video showed up randomly so I watched it. I get the middle membership to both and the only thing i dont care for about NGC is sometimes they will bump a economy submission up to regular on. you without telling you and take credit out of your $150. NGC is faster I usually get my submissions back before the estimate. PCGS is picky and you will get more genuine grades that a lot of times NGC will straight grade. PCGS gives out too many altered color grades if you ask me, I also collect old ANACS white slabbed coins and ive had those go all kinds of ways when i send them in to get regraded by NGC or PCGS so I just keep them in the white slabs now.
Them upgrading you, not telling you, and taking money out of your $150 credits is not ok. NGC is closer to me, but I like the design of PCGS more though.
Have subscribed. Let's see a video on submitting coins to PCGS.
I’m about to submit some after the holidays, I’ll do a vid on submitting to them.
Anacs for me!!!! !!!!!
This video told us nothing other than you preter PCGS because they're from closer to where you grew up .
NGC for life! Most of the times lol
Haha. Yea I like both, just prefer west coast. 😜😜
Great information. Handsome young man there as well
The PCGS Silver membership is now $69. 😞 In regard to the NGC Premium membership, can you apply the $150 credit to the grading fees to make it a wash?
I know you get 4 free gradings ($80 typical value) with PCGS mid-tier membership.
I like NGC Holder looks so much nicer. PCGS is the more sever in High Grading. NGC is 2nd but they both Grade a great way. Don't go by anyone else.
the hard part is NGC is local in Sarasota, but they won't let you drive down there to drop coins off like they used to.
NGC does not recognize PCGS in Mexican coins in their Registry. Although they do in US PCGS coins so you can list your PCGS coins at NGC and collect both ….to get the best value.
I've been a coin "Collector" for over 50 years. I have two blood relatives in the Coin business. And I've friendships and working relationships with nearly a dozen active Dealers.
The biggest fact I've learned about the "Slabbed" coin industry is: it's mostly a scam! And rests on the idea that someone you've never met, who lives in "the Big City" far away, knows more about the "true condition" a coin then you!
First fact: you can send the SAME COIN to three different grading services and get three totally different "Opinions" ! YUP! That's all these services can really offer is "an Opinion"! 😅 sad but true!
And the big Investment Houses are making millions of dollars each year because of it.
So, if your a genuine Collector, fine. It's your money 💰. Spend it anyway you like. BUT don't put too much stock in the "Opinions" of far away strangers that you've never even met.
I have sent them to all three grading services, i have even played the crack out game and the coins have come back with the same grades so to me their isnt a difference unless you are trying to sell. Where your PCGS will bring a slight premium.
That Walker has me feeling jealous
thanks. some of the walking half dollars in that ms60-64 range can be obtained fairly reasonable below $75-100 range. Yes expensive if that's a week's worth of groceries for you, but certainly not in the $1,000+ range like a lot of old coins can be at that grade level.
not graded, how do know how much it's worth? especially for insurance purposes.
Most coins will run in the Almost Good to Fine range. I use a low ball number of about 4-10 for most coin valuation unless really nice. Then I use PCGS's price guide. The Red Book is another great resource. www.pcgs.com/prices
I don't get how they sell so cheap after these been graded!? Like the gold dollar George Washington said $7. How can it sell for that if it costs $45+ to get it graded?!
i like the look and feel of the ngc slab better, the pcgs slab feels more fragile.
So here’s what I don’t understand about the beginning of your video. I don’t pick the case picked the coin unfortunately it’s been graded by either one company or another. I don’t trust either company anymore than I trust the other one because I don’t trust either one of them, we can all grade our own coins, but they make these capsules different sizes so that they don’t fit in the same boxes on their part because that makes me not want to buy their boxes on myself have ordered an offbrand box that will hold either but I do think the PCGS slabs look much better than the NGC slabs
what is the weight of a ngc coin slab?
I answered on your other comment, it depends on size of coin
1.7 oz.
Why did they ever so away with the Black slab backgrounds/ borders??
Fugliness
Do you mean numismatic grading company? Because that's what I thought it was
Pcgs holders are harder to crack open! Ngc is generally better for grading attributes and world coins
What does E. Pluribus unum mean?
I think it means "in god we trust".
I prefer RAW coins, but I do own some slabs
I like the slabs over raw b/c they store easier and are preserved a bit better. Most of my collection though is raw coins because they're $1-10 in value coins and just not worth grading. lol.
@@coincadecollecting2978 We each do it differently. In some ways I like PCGS, and others I like the look of NGC. I'm thinking about sending off a few of my Morgan's, once I get the last 2 for the album set, for grading. But then I think about how many more coins I could get.
@@Stackinginvestments1 Yea those pesky shipping fees and insurance fees add up real quick. I wish you could avoid both of those all together and just pay a grading fee.
I sent 4 coins to PCGS in March 30th 2022 and today is the 4th of August and have not receive them graded yet. They have in the website that it takes 50 days to returned them, but it is a bull. PCGS is all Greed.
read the timeline in detail. It's 50 business days. So with 20 business days in a month, expect about 2.5 months from when they log it as received on their website. That said if you sent them on 3/30 you should have them. I'd give them a call to have them expedite them. Their policy is if it's over 50 business days, it's delayed and can be expedited after that. They overnighted my coins that didn't get graded for 55 business days.
@@coincadecollecting2978
I read 50 days but today is over 80. I called them and nothing. Thanks for you inside
They probably haven't hired enough pencilnecks for all their business.Then rushed through and grading mistakes are made.I believe each coin should be graded by 3 pro graders to determine the most accurate final grade.Especially with the fluctuation I see in FS,FB, graded coins.Inconsistancy is definitely noticeable in studying the grade variable s.
هل يوجد لديكم فرع في الشرق الأوسط للشركه
I terminated my membership with NGC. Their shipping department sent my coins to other collectors by mistake. I know this because another collector called me and told me he had a box of my coins. The other box I never heard anything about.
NGC is blaming the post office, and filing an insurance claim. They have lied about all of this to me. I still have nothing about the lost coins and its been 4 months.
Sorry to hear that. I know the pandemic has been hard on all customer service businesses. I have had success withPCGS. Just takes forever
Accugrade do not Certified/ Authenticated Freaking Nail or Waffled Coin ! No Attribution Fee ! No Membership Fee ! Free Appraisal in Walk Through Coin Show ! Under 50$ the 3 Coins that will Certified by the Master Coin Grading and Inventor of Slab for coins and Sport Cards ! CAC is Not needed on their Accugrade Holder ! 😅
NGC looks more secure to me since the frame would damaged upon coin removal. The other is more visible but the plastic case alone doesn’t seem as secure. Just my uninformed opinion. 🤣
Many a coin collectors have opened PCGS slabs and not hurt the coin. Both are about the same in the storage safety factor.
@@coincadecollecting2978 Thanks. Good to know. I’m learning here
One hears PCGS have made a lot of Mistakes With Labels on Australian Coins, More than one would expect. IV Heard folks mention it twice in 3 weeks alone. I havE Both myself and NGC Have always been sound. So have PCGS So it's disappointing to ever hear
Interesting. I don’t deal in Australian coins so I hadn’t heard that news.
I don't like the extra plastic on the 4 corners. I know it's so u can stack them. But I simply just don't like it. I'm an NGC guy.
The NGC slabs have that finger kind of holder on the coins. It’s kinda cool
@@coincadecollecting2978 what is the weight of ngc slab
@@Madhumita-tu6hh appox 14 grams or .5 oz. It depends due to the size of the more or less plastic required to hold the various sizes of the coins.
@@coincadecollecting2978 thank you sir
Thats 26% and Growing! "Non-Graders"
NGC is my go to…especially for silver eagles…there is no comparison. I like NGC’s holders better and I like that the Smithsonian uses NGC for the largest U.S. coin collection in the world.
Big BS the Ugliest Holder is NGC follow by PGGS, ICGthird
Buy the Coin not the Holder ! Watch it in you tube 😂
I can never understand why a KNOWLEDGEABLE collector would spend this ridiculous amount of money on certification a coin when they have already bought it and THEIR OPINION of what grade the coin is in is equal, if not better than a third party opinion? The only reason I see is that people have been brainwashed into believing a certain plastic grade on a coin is worth more than 2 people agreeing on a grade....after all, it does come down to the buyer and seller! How many people do you know try to UPGRADE a coin from one holder to another for that instant profit on the Grey sheet?...I rest my case!
Yes you buy the coin not the slab. That said a third party Authenticator allows for easier transactions, especially online or mail order. I would never buy a $3K coin ungraded. The third party allows me to sell said coin to a larger market who can trust the grade and value it has. Further not everyone is experienced in grading coins so there’s a larger risk of loosing lots more money on raw coins VW graded coins.
The Truth both Worst Coin Grading Company if they are Trusted Coin Grading Company then Show me the Most Valuable Coin in the World on their Holder ! NONE ! It is in Accugrade Holder only the 1995 Penny On Dime Planchet -ACG MINT.
All a grading company is there for is your money, if you can't figure out what your coins are worth then you need a new hobby as for fake coins whoever sells them should be put in prison
I basically agree with you, User-MW, but even with the "so called, professionals", grading can be inconsistent, especially, imo, when cleaned coins are involved. Also, if you have your collection insured, I have very little faith an insurance company would take your opinion on the value of a coin..
I choose not to do business with PCGS as long as they continue their "First Strike" scam.
Both Worst Coin Grading Company ! Their Holder with Ears will Break your Heart ! Ugliest Holder of all Times ...Buy the Coin not the Holder !..r
NGC doesnt know how to grade properly & pcgs will keep your rare coin.
30 years in this bs coin collecting hobby and have yet to hear a positive word about either company from people who sent in rare coins.
I have rare coins, ungraded, for sale.
One being a 1967 Quarter 4.9g from the mint.
I will never see the coin again if I send it in to be graded.
Boat company, boat company, both of themes are GOOD COMPANY doing what’s Must to DO !!!of Cours I Like My coins 🪙 Always be MS 70 if it is New and clean came out from Mint !!!!