Heritage auctions! Pcgs and Ngc certified coins!

[Leothelion]

I've been doing some research and comparisons with the number of Pcgs and Ngc certified nickels only that have sold through Heritage and Teletrade auctions.

Here's the run down on coins sold, Pcgs verses Ngc through Heritage auctions since January 2000.

 

Heritage;

.............Pcgs......Ngc.....Ngc est.

MS67.......247......533........1006

MS66......1000......536.......1012

MS65........728.......33..........62

MS64........111........8...........15

Total.......2096....1110.......2096

 

For Heritage,

96% of Ngc coins that sold thru Heritage grade MS66 and MS67 while Pcgs has a 59% rating for the same two grades of coins.

The percent of Pcgs coins that grade MS67 is only 12% compared to Ngc's 53%

There is a staggering difference with MS65 certified coins with Pcgs having 22 times the number Ngc shows.

 

And here are the numbers for Pcgs and Ngc that sold through Teletrade in the last 360 days.

 

Teletrade;

............Pcgs......%.........Ngc........%..........Ngc est.

MS67......177.....9.8.........378........39.2..........704

MS66......722....40.2........442........45.9..........823

MS65......643....36.8........118........12.2..........219

MS64......226....12.6........ 22..........2.2............41

MS63........26....,1.4...........3...........,.3............5.6

Total......1794.................963........................1794

 

For Teletade,

NGC numbers indicate that 85% of their nickel slabs that sell through Teletrade grade MS66 and MS67 while the percent for for Pcgs is at 50%

Ngc has almost 4X (704est./177) the number of MS67 coins than Pcgs.

While Pcgs has almost 3X (643/219est.) the number of MS65 coins than Ngc.

While Pcgs has almost 5.5X (226/41est.) the number of MS64 coins than Ngc.

 

 

The last column in both charts shows the estimate number of Ngc certified coins that would have sold if Ngc's total numbers were equal to Pcgs.

 

What do these numbers tell you? Do these numbers show that lower grade Pcgs MS64 and MS65 coins sell better than Ngc? Is it possible that Ngc grades too many MS66 and MS67 coins?

 

 

Leo