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Ray, USMC

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Journal Entries posted by Ray, USMC

  2. Ray, USMC
    This writing is not intended to anger anyone but rather to spark conversation regarding NGCs decision to allow PCGS graded coins to be added to NGC Registry competitive sets. In my opinion sometimes corporate decisions are made by bowing to the demands made by the loudest voices and not by what is right. I believe that it is far more difficult to obtain a higher grade in any coin with NGC than PCGS. This being said PCGS graded coins will be allowed to compete in NGC registry sets and given the same weight when even an untrained eye can see the difference in like graded coins. I feel this is an unfair advantage with the PCGS coins. PCGS has their own registry for a reason as did NGC. I am not maligning PCGS coins but I will state that in my opinion PCGS grade standards are for less stringent than NGC grade levels. This creates an uneven playing field. I have no problem with sets allowing collectors to showcase their PCGS coins on NGC registries. My issue is with allowing them to compete with NGC only (sets that only contain NGC coins) sets. I own a lot of NGC graded coins and not one graded coin from any other grading company because of their stringent requirement for each grade level. I have never collected coins based on monetary gain but rather first based on history and second on artistic beauty. My collections will never hold any graded coin other than NGC and I don't feel I should have to compete with a less stringently graded coin in a set. Again, I cannot stress this enough, my opinion is that there is a place for PCGS coins to compete but it is not in an NGC registry competitive set. I am betting that I am not the only one that has this opinion and would like to hear other opinions on this as I am always open to everyone's views and opinions. Maybe I will be convinced to change my opinion.