NGC vs PCGS - Which Coin Grading Service is Better? "There's a stark difference between the two."
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- čas přidán 26. 04. 2024
- Which coin grading service is better? I sent in five coins to NGC and five coins to PCGS for grading. All ten coins seemed to be in similar condition, straight out of a roll sealed since 1983. This little experiment was conducted with the assistance of my friend, Matt Dinger, owner of Lost Dutchman Rare Coins in Indianapolis. In addition to revealing the grades, Matt and I had a good discussion regarding both grading companies. Whether you're considering sending coins in for grading or want know for collecting purposes, this video is very eye opening. I enjoy these visits with the professional numismatists that I happen to know. I hope you enjoy the video.
As always, thanks for watching!
~T
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T the Silver Stacker
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Disclaimer: T the Silver Stacker LLC video's typically consist of conversations surrounding education regarding and the acquisition of, but not limited to the following: silver, gold, platinum, silver coins, generic silver rounds, collectible silver rounds, fractional gold coins, pre-33 gold coins, ancient coins, American Silver Eagles, Perth Mint Coins, Mexican Silver Libertads, Fractional Libertads, Proof Libertads, Mexican silver Onzas, junk aka constitutional silver, silver bars, vintage silver rounds, platinum, vintage silver bars, Morgan Dollars, Peace Dollars, paper currency, coin collecting in general, silver spot price, gold spot price, coin shops, coin dealers, coin shop videos, how to sell silver, how to sell gold, and more. Please understand that although the conversation frequently touches on the state of the economy and how it affects the accumulation of precious metals (stacking), T the Silver Stacker is no way shape or form a financial advisor. Glean what you will from the silver stacking philosophy shared, but ultimately the viewer is responsible for making their own decisions. Some of the links in this description are affiliate links that provide me a very small commission at no additional charge to those who use them.
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The clear holder of PCGS allows the coin to shine brighter than the white background on the NGC, in my opinion, Keep Stackin bro
Agreed!
Great video. That is why I send everything to PCGS and I like there slabs a lot better.
I dont have enough experience submitting coins to personally say who is the stricter grader but from what I've heard, PCGS is certainly stricter on grading US coins and NGC can be better for grading world coins. In my experience:
PCGS: better slabs, free coin boxes with submittion, better at grading US, strict on artificial toning/details coins, less biased, no collabs with companies like vaultbox, much better apps/ registry set, more expensive
NGC: more variety of holders, ancient coin grading, grade more variety of coins, cheaper coins, slightly cheaper submission prices
Exciting news! The inclusion of Rose number [286] beautifully symbolizes our collaborative efforts in this creative garden at CoinEra. Let's continue nurturing this shared space together! 🌹🌷🌼 Thank you for being an integral part of it! 😊💖
What a disparity in grades. Thanks for letting us know. We're talking thousands in price differences.
Absolutely!
T it was such a privilege to meet you today Sunday the April 28th at the coin show. My daughter talked about it on the ride home.
It was very nice to meet you. Email me your address. I’ll send her some swag. TtheSilverStacker@gmail.com
Ngc did you dirty
I personally like NGC but I only have 4 slabbed pieces so I don't know much about the graded stuff so looking forward to learning what you have to teach. Have a great weekend buddy
Wow! I was surprised that PCGS graded higher. Some awesome coins for sure. Nice that you got some 68s. Wow! Thanks for sharing
Thanks for watching! It was an eye opening experiment!
To prove something here you would have to send the NGC graded to PCGS for crossover (or crackout). The bigger thing it proves is that the grading companies are playing a big game of "pretend" precision: they pretend to be able to consistently distinguish a 1/2 point difference on the MS scale (MS65, MS65+, MS66, MS66+, etc) whereas they can and often do differ both between grading companies and within themselves as to a 1-3 point spread (as here). This often means big price differences on coins that have very little subjective difference in grade. Lesson: don't pay huge premiums for a 1 or 2 point advantage on the grading scale! Better yet, go buy AU58, where you can enjoy great looking coins for a fraction of MS64-MS67, and you don't have the constant threat of having your coins downgraded and losing 75% of their value.
I lean toward PCGS when I buy slabs. I have some from both and even ANACS as well. I have some I want to send off some and was going back and forth but I think after seeing this I will be doing PCGS.
I’d definitely go PCGS in the future!
I do think it's best, in my opinion, to stick with one of the Top 2. I would not buy too much in Anacs holders, if any at all. I have none. When I first got back into collecting, I bought NGC or PCGS. I soon realized as time went on the mix and match thing wasn't going to work. You can't even fully use the inventory both companies provide (PCGS is SO much better). You can't even fit an NGC slab in a PCGS 20 slab box! So, I felt I had to decide one or the other. It wasn't even a contest. I liked the clear PCGS holders MUCH better. Why introduce a color when viewing a coin.... with its own color? I never understood that. I Think Gold looks very nice against a white background, but there shouldn't be ANY background. So many reasons. Resale value, the great inventory, and I felt PCGS had the more critical eye. Matter of opinion certainly. That was a bunch of years ago. Now I have over 400 clear plastic holders with coins in them. And I wouldn't have it any other way.
I always thought the opposite of the two grading companies. Great video!
Here is my thoughts given me and my business partner send a lot of coins to PCGS and ngc. Lately we have noticed a trend.
PCGS is way better grading foreign coins, but tougher on us coins.
NGC is more consistent grading us coins, but brutal on foreign coins.
So we have been just sending US coins to ngc and just foreign coins to PCGS and have been getting pretty good results.
Thanks for sharing your experience! Much appreciated!
When it comes to Libertads, NGC is muuuuuuch more strict with their grading, as evidenced once again in this video. NGC overall is the prefered service for mexican coin collectors and Libertad collectors. Also, PCGS will slab just about any artificially toned coin as naturally toned, whereas NGC is also much more strict, sometimes erring on the side of calling natural toning artifical. NGC aslo recognizes a lot more varieties on mexican coinage than PCGS, although unfortunately they don't always get it right. I just got a submission back from NGC which I will be posting soon.
I’ll have to keep an eye out for that one.
I like how PCGS names the coin a Libertad while NGC names it an Onza. To me, that makes it sound more like bullion and less numismatic. That’s just me though. Thanks.
I think PCGS is much more strict on artificial toning designation when it comes to US coins.
@@TtheSilverStacker I agree with you there, putting "Libertad" on the holder is pretty cool.
I wanted to ask and follow up how about for say, mexican pillar 8 reales or columnarios? Is it better to have them at NGC or PCGS? What about portrait or any other colonial era 8 reales?
@@anthonyhui1322 Sorry, not sure about those, but sometimes it can be helpful to check the census on a specific coin or type at both NGC and PCGS and that might give you an idea which grader collectors gravitate towards.
Very cool T! Been waiting on this one. Great idea to submit to both for the comparison.
Cool, thanks! Hope you enjoyed it.
Awesome video! The comparison between the two grading companies was interesting. In the past I always thought PCGS was the more conservative company! I guess with Libertad's it's different😊😊
Small sample size. Worthy of another experiment. The PCGS slabs do look nicer side by side with NGC.
That 68 is a beautiful coin. I bought a 1983 ms68 from Witter coin for $52 from whatnot. I was extremely lucky that day. 🤣🤣
Good purchase on that one!
Heck, I remember that video with the roll of Libertads 🧐 now.
Man, it's been so long, I'd forgotten all about it.
It sure seems NGC is a bit more stricked with their grading than PCGS.
Cheers 🍾🍾 T.
Cheers BA!
From the recent cross over from PCGS to NGC none crossed over in the same grade. PCGS tends to overgrade the coins by 1-2 grades. For US Coins PCGS has better expertise but for World coins I will stick with NGC. I have some PCGS but majority of my coins are in NGC
Thanks for sharing!
I think the PCGS slabs let more light onto the coins due to the clear sides,this I like..
Agreed. There’s just something about em.
That was an exceptional roll of '83 Libertads.
Thanks!
Very interesting to watch this. I have a few graded coins so far (variety of PCGS, NGC and CAC). Recently joined NGC and sent my first 4 coins that I am having graded off to them. Waiting to get them back.
Good luck!
To compare the companies... use their cross over service, send the NGC coins to PCGS and the PCGS coins to NGC to see if they can back the same grades!
Oh, and if you still have the other coins from that roll, could always send those in for the pedigree label!
Plus with PCGS, I love the nice box they ship the slabs in... NGC makes people buy the plastic slab box separately!
It's advertising for PCGS and don't kid yourself, you paid for the box.
@@arte9855 oh, I know the price of the box is factored in, but I still like it better than the cheap cardboard NGC and ANACS use!
NO WAY! DO NOT SEND THOSE 67 & 68 GRADED COINS TO NGC. JUST CRACK THE NGC COINS OUT AND SUBMIT THEM TO PCGS.
@@donaldinnewmexico I agree... but the true only way to compare is have them grade the same coins!
Great video, I was torn between the two companies as for my first submission so I think I'll go with PCGS. I do like their true view images. Thanks.
Surprised to see you in person T
: )
Awesome video and I don’t know anything about grading coins
Thanks
Stark different in results !! I think to get a better feel of which is more precise, cover the grades and have 3 or 4 reputable coin people give each their grade. Course Matt couldn't be a grader since he knows the grades.
So... Is the NGC undergraded or the PCGS overgraded? I don't think modern era bullion coins should be slabbed.
I agree with you 👍
To each their own.
@@TtheSilverStacker I agree. It’s all personal preference.
Wow...Great experiment! Crazy the difference in grading. I like both holders, but I pick NGC's
Thanks for watching!
I’ve been waiting for this. I like NGC holders best, but of course it’s the coin that counts.
True!
not allimages are posted gold shield or not , last time i looked it does cost tohave photo posted on cert verification like 5.00 last time i looked ,i got goldshields no photo posted
The T-SILVER HOARD 😮 Coming to your favored label soon 😊
What did we learn today?
PCGS grading is a little lax? Compared to NGC 😮
PCGS has colorized holders and Higher resolution pictures on the lookup site😮
I like both slabs equally...buy the coin not the label, unless it says shipwreck or Hoard 😊 then all bets are off.
You should start sending your own submissions to PCGS and make unboxing videos! I would be happy to pay and let you grade some coins for me.
Idk, PCGS just got the better looking coins in my opinion. NGC is great on world coins.
Great video. Very exciting.
NGC is what I have the majority of. And after watching this video, I think I’ll stick with them. It kind of made me think that PCGS is rating high for the business. But that’s just my feeling.
I hope to see you tonite. 👍
Sounds good! Hope to see you tonight!
super fun!
Thanks!!
NGC also has photos of coins.
Yes. PCGS tends to be nicer.
Hi T, all my graded coins are pcgs. I really like this video. Grading is always suggestive but I will always go with pcgs. Stay strong brother 💪
Hmmmmm . . . . 'suggestive' grading?
@@jeffreyarbogast4735 what I meant was that all graders see things just a little bit different and sometimes they are a bit off. Just my opinion. I didn't want to ruffle any feathers.
Thanks George. Glad you enjoyed the video!
they are 1 and 2 in grading it flips from time to time both trusted equally ,at end of day they are human ,it is an tinterputation ,they use the exact same standards
Thanks
I mean NGC took a month longer and 2-3 grade drop yikes!
I wonder when CAC grading will be available to the public?
Ooh, good question!
So if NGC is a tougher grader, then wouldn’t I want those for numismatics? If I’m buying
To be honest, that PCGS holder just looks so much nicer.
Hi T. Crack the NGC coins out and send them to PCGS. If they are the same as the coins sent to PCGS, they could be graded higher and be worth substantially more money. Congratulations on those high grades.
What was the average cost per coin for the grading?
Does anyone know how much time is spent grading each coin?
I cannot imagine a person grading coins all day long and not getting "grading fatigue". Let's face it after a while the job would be as boring as hell!
Agreed!
I used to hear that PCGS was stricter than NGC. Now I think PCGS is more lax on their grading. And that’s not good.
Always buy PCGS gold shields for my collections
I’m heading in that direction now.
@@TtheSilverStacker good choice
seems to me, NGC grade is more prestigious grade achievement these days.. which is a flip from in the past where pcgs was
Interesting
The grading looked fair to me. The pcgs all looked good, and the ngc coins didn't look quite as nice to me.
Coin grading has always been subjective. Sometimes the personal grader had a bad day, sometimes he just got a new girl friend and was living in the skies. I think over here in Europe we are perhaps a little bit more lucky that grading isn´t yet a big thing. My personal opinion is that grading is fine for investment purposes, but a big no if you are a knowledgeable collector. Just my two cents. Saludos desde Alemania, U.
I think it’s really helpful for those you pass your coins down to. Odds are, they aren’t going to be an expert. Thanks for watching from so far away.
I personally like em raw
I like ICG, NGC, PCGS, ANACS. I HAVE YET TO GO CAC.
Yes I am well aware that ICG is the underdog. After all, i am an Independent Party member. I am quite used of it. Plus, I don't mind paying cheap prices for authentication. As grading is subjective.... Till AI grading takes over ... then??? Who knows?
in order to know for sure, you need to crack out the same five coins to be graded by each grading company ' not different coins
They all look the same to me. But what do I know that's why I don't collect slabs.
I wonder if it would be worth my time to have my 5oz. Libertad graded?
If the condition is good. Maybe worth it.
I personally don't care for slabbed coins Set them FREE MR. T. ....Stupid question but if you had a choice to buy a tube of 1982 Onza or a tube of Silver Eagles what would you purchase, and why?
Libertad. Much lower mintage.
@@TtheSilverStacker I picked up two tubes of the 1982 Onza they say Blanchard on them.. going back today to get another tube. I did purchase a tube of ASE thinking of selling that back to the coins shop guy and getting two tubes of the Onza. What do you think?
To really see if this theory is accurate you should crack the 5 NGC coins out send to pcgs see what it comes back also maybe send 2 pcgs coins into NGC to cross over see if they will cross over then you will know else wise this could very well be just the better coins went to pcgs vs NGC
Ive seen NGC grade extremely conservative and other times over grade.
You should try and crack 1 out of each and try to cross grade to see what happens
That would be very revealing.
@TtheSilverStacker or maybe don't crack out the PCGS ones lol. Just crack a NGC one to send to PCGS maybe
Fear the Flannel 🎉
Ha ha!
PCGS is rated higher as a grading company than NGC. I could tell you T the Silver Stacker without you making this video. However, many people get their coins graded by NGC because they charge less for grading than PCGS. NGC also has a better website which gives you catalogue of grading prices for American coins and some foreign coins. I am not sure if PCGS website has the same type of information.
You look different than how I thought you would look. That's only happened with every person ever. People on the radio never look how I imagine they look. Take me for example, if you imagined me being drop dead gorgeous, you would be 100% correct.
lol!!!!
It's just luck of the draw kind of. Grading companies have lots of employees and each coin grader may grade coins a little different. I have seen lots of people send off the same coin multiple times waiting for the grade they want.
Population higher ….. 4 - nice
NGC grades Mexican coins stricter than PCGS. However, I have seen coins not worthy of 70s getting 70s simply b/c its submitted by dealers with dealer exclusive labels. Also PCGS has been grading Libertad 70s in those Ultrabreak labels. Overall bad optics when they play those games. These games are not new. Research your history. There was a big third grading company in the 80s that was playing games with the likes of some well known auction houses.
NGC doesn't allow crossover from ANACS, which I find petty, childish, and juvenile.
Id change my profile picture if I were you.
: )
@@TtheSilverStacker I'm from Indiana, we dont have a baseball team. The area I am from in Indiana has mostly Cardinals fans.
Omg! The audio 🔊🤕
PCGS slab looks better
Agreed
Too small of a sample size to try & explain the differences in grades. Could be just a coincidence that “better” coins were sent to PCGS. I do like the NGC holders more. But that’s subjective lol
Yes. Need more data with more submissions.
Personally I think paying your hard earned $ for plastic & grading is no different than buying fiat or paper. Just buy the metal!!!!!!!!
So condition doesn’t matter to you? You’re a true stacker.
Anacs
Bad sound quality
Really? What part? Maybe too close to mic?
. 🍯🐝🌻
: )