ealandg's Journal

  • entries
  • comments
  • views

PCGS Undergrades, which is why their items bring more $



I am not a dealer, just a lowly collector who recently switched from PCGS back to NGC because I am sick of spending too much money and waiting forever to get my coins back.


One of the other primary reasons I had for switching was that I feel very strongly that PCGS undergrades as a marketing technique. If you feel that PCGS coins are "better", the reason is that you are really paying less for the next grade (or in some cases 2 grades) up.


Obviously this isn't true 100% of the time, but my experience with PCGS is that I assign a coin a grade based on all the standard references and it consistently comes back one grade lower.


Perhaps you think that I am simply a poor grader... Well, that is definitely a possibility, but I do find I am right on the money about 95% of the time with other grading companies and my local dealers.


The bottom line is that you feel like you got a "steal" because you know you just bought a F12 in a VG10 holder for a premium over VG prices. You can either embrace their philosophy or reject it, but either way it is the same coin regardless of the plastic that is encasing it.



Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now