Why NGC over PCGS?

Discussion in 'Modern Chinese Coins & Medallions' started by PeacePeople, Apr 17, 2012.

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  1. PeacePeople

    PeacePeople Member

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    Just curious because it seems that US coins in PCGS slabs tend or seem to get better returns than NGC? At least that is the consensus on US coin and bullion sites.
     
    PeacePeople, Apr 17, 2012
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  2. fishball

    fishball New Member Silver Stacker

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    Because Pandas aren't US coins :p
     
    fishball, Apr 17, 2012
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  3. PeacePeople

    PeacePeople Member

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    No kidding? You wouldn't be telling me a fish story, would you?

    Seriously, are the returns better outside the US for non-US coins graded by NGC, or is it just a preference?
     
    PeacePeople, Apr 17, 2012
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  4. fishball

    fishball New Member Silver Stacker

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    Advantages of NGC include and are not restricted to:

    1) NCS
    2) Acknowledging much more varieties than PCGS
    3) Expertise in Modern Chinese Coins is much higher than PCGS

    There are too many factors to determine buying which company slabs will yield a higher return. It is not as simple as comparing two stocks.

    PCGS dominates in the imperial and old Chinese coinage. NGC dominates in Modern Chinese Coins.

    Regardless of which you go with the returns should be fruitful.
     
    fishball, Apr 17, 2012
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  5. PeacePeople

    PeacePeople Member

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    Got it. Thanks for the info. I'm a NGC member and get the stuff I want graded through them, just curious as to why the Panda forum seems to prefer them as the TPG of choice. In the end it's personal preference with market in mind, I hope. Was just curious if there was more to it than I was seeing.

    Thanks again for the information.
     
    PeacePeople, Apr 17, 2012
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  6. SA@YPS

    SA@YPS New Member

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    Too late for me to switch now. Gotta stick with pcgs. Just will take longer....
     
    SA@YPS, Apr 17, 2012
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  7. PeacePeople

    PeacePeople Member

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    Uh-oh...the takeover begins...
     
    PeacePeople, Apr 17, 2012
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  8. low

    low New Member

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    Just my thoughts. Please don't get offended if you disagree.

    Majority of MCC coins people submitted is in the range of MS/PF 68 - 70. Realistically in these high grades, not many people can tell the difference. Whether it is PCGS or NGC it really doesn't make a lot of difference. Sure PCGS crossover to NGC or NGC crossover to PCGS is going to be a problem, I think that is more a business strategy than the grading.

    The competition is on other factors apart from grading, as what fishball pointed out.

    Whereas for other non bullion coins (OK I know panda is considered numismatic coins), usually MS66/67 is considered top grade, and MS62-65 is probably the grade range most collector are happy with. In this range, many collectors will agree that PCGS graded coin is, most of the time, looks better than equivalent NGC graded coin.

    For me, I absolutely love NGC holder. PCGS holder just plain sucks. But when I buy old China coins, I prefer PCGS.
     
    low, Apr 17, 2012
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  9. alor

    alor Well-Known Member Silver Stacker

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    hope a new kind of material is discovered, so that the coin slab can be much better and durable, and nice to the eyes too.

    (not the coins off course) :D
     
    alor, Apr 17, 2012
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  10. SA@YPS

    SA@YPS New Member

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    the glass they use on the iphone would be sweet.
     
    SA@YPS, Apr 17, 2012
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  11. mschif

    mschif Member

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    Does anybody have an opinion on ANACS graded coins?
     
    mschif, Apr 17, 2012
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  12. low

    low New Member

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    I understand that coins in old blue holder are quite good.
     
    low, Apr 17, 2012
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  13. fishball

    fishball New Member Silver Stacker

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    Here's a graphical representation to demonstrate by how much NGC is dominating the Panda market:

    [​IMG]
     
    fishball, Apr 17, 2012
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  14. yennus

    yennus Well-Known Member Silver Stacker

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    Wow! Where did you pull that chart from! :)
    Nice!
     
    yennus, Apr 17, 2012
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  15. fishball

    fishball New Member Silver Stacker

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    Made it with a bunch of data I'm collecting since I thought it would be of interest to some people :)
     
    fishball, Apr 17, 2012
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  16. yennus

    yennus Well-Known Member Silver Stacker

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    Fishball! A man of many resources! Top work Panda bro!
     
    yennus, Apr 17, 2012
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  17. Justfishin

    Justfishin New Member

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    Good stuff fishball, gotta tell ya, I only buy and use NGC--I simply like them better
     
    Justfishin, Apr 17, 2012
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  18. digoxin

    digoxin Member Silver Stacker

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    Fishball that chart speaks a thousand words. I also hear what low is saying about PCGS being a harder marker and thus the hit rate for 69/70s are scarcer. However if the market share is so low they might may have pushed themselves out of relevance. It might worthwhile to cross grade some PCGS MS69s and see if a few of them crossover as NGC MS70s to test this theory. Maybe a one or two 2000 mirror or 1995 STMD might make the 70 grade.
     
    digoxin, Apr 17, 2012
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  19. fishball

    fishball New Member Silver Stacker

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    People have tried crossing both ways but neither is guaranteed to give a better grade.

    A PCGS 69 does not mean a NGC 69 or 70. Likewise for NGC to PCGS.
     
    fishball, Apr 17, 2012
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  20. comeaux

    comeaux Member Silver Stacker

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    As always most excellent information fishball !!! :)

    I think it's obvious that NGC dominates the market regarding Modern Chinese Coins.

    Just look at the recent Stacks Bowers Auction Session #4 which was all Modern Chinese Coins (nearly 700 lots) had only about 10 PCGS holdered coins. Look at all of the past auctions and those upcoming and you will see that NGC is the prevalent grading company for MCC.

    In the end it basically comes down to what a person prefers, if you like PCGS then enjoy them, they are a premier grading service but I don't buy PCGS holdered coins or grade my coins with PCGS because my entire collection is NGC and I feel they are more experienced with MCC but that's just me.
     
    comeaux, Apr 17, 2012
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