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Shatsi View Drop Down
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    Posted: 18 Jun 2006 at 9:54pm

I collect raw Franklins and recently I've become interested in collecting MS64 FBL franklins too. What's your advice on a grading company. I know I should look at the coin and not the grade but if I want to have my all of them by the same TPG would you suggest NGC or PCGS?

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nationaldealer View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nationaldealer Quote  Post ReplyReply Direct Link To This Post Posted: 18 Jun 2006 at 10:18pm
It really depends on "where" you ultimately decide to sell. If you are planning on using an online auction house such as Ebay, PCGS definately is the way to go.
If you are selling to anyone who "knows" how to grade, any of the top services are fine.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Shatsi Quote  Post ReplyReply Direct Link To This Post Posted: 18 Jun 2006 at 10:45pm

I have not decided on the selling part yet. The only reason I would sell it is if I run into financial difficulty but then selling thru a dealer would be the best option. What is the dealer preference?

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Post Options Post Options   Thanks (0) Thanks(0)   Quote nationaldealer Quote  Post ReplyReply Direct Link To This Post Posted: 18 Jun 2006 at 10:49pm
Again it depends on the dealer. To me, I could care less what piece of plastic it comes in. I buy coins. I pay the "correct" value whether the coin is raw or certified.
I have seen over and undergraded coins in all holders. PCGS tends to be a little tighter on the FBL designation, but this is not a fact etched into stone.
As Franklins are one of the harder designs to accurately grade, I would suggest that the "tougher" dates be PGCS. Other than that, I wouldn't worry too much about which holder.
 
Remember that it isn't that hard to cross them over at some later point.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Shatsi Quote  Post ReplyReply Direct Link To This Post Posted: 18 Jun 2006 at 10:53pm
Some think that NGC is tough on FBL as they look at all 6 lines whereas PCGS looks at only 3 lines to assign FBL. Is there a truth to this?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nationaldealer Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jun 2006 at 1:21am
Both look at all 6 lines. I personally think that (TODAY) PCGS is a bit tougher to get FBL's, but that can change any day. I currently have some in NGC and PCGS holders that are without a doubt FBL and neither assigned the variety on the holder.
 
The thing to remember is, the grading companies offer opinions. It is NOT set in stone, and they change their opinions as time goes on.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote silverhawk Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jun 2006 at 1:56am

Both are good, check auction and ebay prices realized for your coin types to see sales results....

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Post Options Post Options   Thanks (0) Thanks(0)   Quote BECOKA Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jun 2006 at 8:26am
Another way to look at this is:

1.). If the coin would get the same grade at both companies, PCGS tends to bring a premium for sight unseen.

2.) If it is a series NGC grades a little looser and the trend is 1 grade higher at NGC, NGC might be better as 1 grade higher usually beats the premium of the lower grade at PCGS.

3.) In general PCGS is the way to go but NGC is equally as good depending on how you look at grading.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The_Cave_Troll Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jun 2006 at 8:32am
Originally posted by nationaldealer nationaldealer wrote:

The thing to remember is, the grading companies offer opinions. It is NOT set in stone, and they change their opinions as time goes on.
 
This is the most annoying part about the TPG system we have now.  I just wish that there was a set standard, impossible as that would be, it would be nice!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote silverhawk Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jun 2006 at 9:51am
I've seen some pretty good variation!  (or bad depending on your viewpoint, lol.)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nationaldealer Quote  Post ReplyReply Direct Link To This Post Posted: 19 Jun 2006 at 10:25pm
Originally posted by The_Cave_Troll The_Cave_Troll wrote:

  I just wish that there was a set standard, impossible as that would be, it would be nice!
 
You and me both.
 
The secret today is KNOWING which service grades which way. You have to know which coin will be graded at each of the TPG's.
 
Most people believe the hype that PCGS is better, and therefor they pay more money for the holders.
 
I routinely crossover certain coins because of this. Until the game is played better, we must play within the rules.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote just carl Quote  Post ReplyReply Direct Link To This Post Posted: 20 Jun 2006 at 12:09am
Originally posted by The_Cave_Troll The_Cave_Troll wrote:

Originally posted by nationaldealer nationaldealer wrote:

The thing to remember is, the grading companies offer opinions. It is NOT set in stone, and they change their opinions as time goes on.
 
This is the most annoying part about the TPG system we have now.  I just wish that there was a set standard, impossible as that would be, it would be nice!
 
However, everyone should remember that even asking which TPG is better is like asking which car is better. Which Vodka is better. Which toilet paper is better. Which coin dealer is the most honest. Who to vote for in the next election. Everyone has a different favorite of anything and everything.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote BECOKA Quote  Post ReplyReply Direct Link To This Post Posted: 20 Jun 2006 at 3:00am
While PCGS and NGC make mistakes I think the better question would be who is the most consistent.

If someone like ICG grades 2 points higher on average (they don't but what if) and they did it consitentlyl with out fail, I would trust that ICG knows what they are doing, they just have a different standard than PCGS.

For this the only thing you can go by is reviews from other purchasers.

For consistency I like PCGS and NGC. I used to like ANACS but for some reason they are getting a bad rap since they moved to the new holder.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote The_Cave_Troll Quote  Post ReplyReply Direct Link To This Post Posted: 21 Jun 2006 at 6:28am
Originally posted by BECOKA BECOKA wrote:

While PCGS and NGC make mistakes I think the better question would be who is the most consistent.

For consistency I like PCGS and NGC. I used to like ANACS but for some reason they are getting a bad rap since they moved to the new holder.
 
the anecdotal evidence I've seen/heard is not kind to ANACS since the move, even from former ANACS fans.  I've been told that except for the ultra high grade ultra-moderns ICG is every bit the equal of NGC/PCGS, I just don't have enough experience to be able to form my own opinion.  Ny preference is NCG at the moment, but, that is subject to change.
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