Cheney's Journal

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NGC Dealer Ripping Off The Public

$50 to grade each coin, modern. I think it is a shame, we have NGC dealers, who rip off the public. I am a very small dealer in SoCA who does send coins to NGC for the public. I charge very little over my cost to cover my time and supplies. One of my customers visited a local NGC dealer, who he has had trouble with in the past to see what the charge would be. It averaged $50 per coin, including postage and insurance, according to him. This is the same dealer that had asked me to supply

Cheney

Cheney

Worth breaking open Prestige/Premier Sets

PF70s I took the plunge and broke open all my Prestige/Premier Sets and was quite surprised when several PF70's came back. Now I'm contemplating breaking open my 2005 Legacy Collection. Any comments are welcome.

Cheney

Cheney

Prestige and Premier Sets

Breaking open? Has anyone any experience with breaking open Prestige and Premier Proof Sets for individual grading? Any negative or positive comments appreciated???

Cheney

Cheney

NGC vs. PCGS

Hands Down NGC wins I live a few miles away from PCGS, so it is convenient to go to PCGS to drop off coins, their free slab boxes with every order are nice, thier free grading of the coin of the quarter is okay, but other than that NGC wins hands down. NGC allows PCGS coins on their registry. PCGS is an exclusive snob. PCGS grades far too hard, NGC is fair. I've broke out two MS67 pennies from NGC slabs and sent them to PCGS to experiment, they didn't even make MS65. I recently submitte

Cheney

Cheney

NGC vs. PCGS

Heritage Auctions says at least a 20% discount for NGC coins Was going to put some coins up for auction with Heritage today and when they found out they were NGC coins, they didn't seem interested. Said NGC coins were discounted at least 20%, but then I asked about a 1955-D NGC MS67RD penny, which lists for $5,250 on PCGS Price Guide Line and I was told I might get $185 for mine since it was NGC. What's going on with this coin collecting TPG competition. I didn't think there was that much d

Cheney

Cheney

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