PCGS submissions, Grading Opinions

[ausproofs]

I am a big follower and purchaser of PCGS coins... All I buy is PCGS graded coins. However lately I am contemplating the real reason why I should pay 10 x more for a coin that is one or two grades higher when the lower grade coin looks better than the higher graded coin. I had a 1948 6D in MS65 that looks not that flashy against a MS64 coin I sold to a member here.. There is also some disparities when it comes to PCGS US and HK. I find coins graded in HK seems to be done more lenient...

Edit Some hight graded coins are worth a premium due to preservation and eye appeal.

[trout]

I reality most coins graded AU58 are quite attractive coins and can be had for a fraction of the cost of a MS graded coin.
You can build a set of AU58 coins and still have a great set of every coin in great condition without having to pay a kings ransom for them.

After seeing one of the HK graded wedding set coins with a dirty great scratch on it making a MS69 grade I tend to agree that the HK office has lower grading standards as well.
At the moment you can tell if the coin was graded at HK by the image that is provided when you check the cert# out.
The US coins have the trueview image and the HK coins have the NGC like images :ok:

[markn]

I am a big follower and purchaser of PCGS coins... All I buy is PCGS graded coins. However lately I am contemplating the real reason why I should pay 10 x more for a coin that is one or two grades higher when the lower grade coin looks better than the higher graded coin. I had a 1948 6D in MS65 that looks not that flashy against a MS64 coin I sold to a member here.. There is also some disparities when it comes to PCGS US and HK. I find coins graded in HK seems to be done more lenient...

Edit Some hight graded coins are worth a premium due to preservation and eye appeal.

If you're collecting for the pleasure of having the nicest looking coins then buy the coins you love, not the coins with the higher numbers on them. If you're determined to play the registry game the hardest buy the coins with the numbers.  There's no doubt there are lower graded coins that are prettier than some of their higher graded peers, which you choose depends on your motivations.

[JeffH]

I think 'eye appeal' is the principal factor for me. The number comes after.
And, if buying, the price difference can be substantial.
My motivation is to make up a good looking set without having to mortgage a kidney to AJ.

[trout]

If you're collecting for the pleasure of having the nicest looking coins then buy the coins you love, not the coins with the higher numbers on them. If you're determined to play the registry game the hardest buy the coins with the numbers. There's no doubt there are lower graded coins that are prettier than some of their higher graded peers, which you choose depends on your motivations.

:agreed:
:yeah_what_she_said:

Until you get into the MS65 and upwards the AU58 coins are just as easy on the eye as the lower graded MS coins and sometimes they are even more appealing in my opinion. :good:

[ausproofs]

I am a big follower and purchaser of PCGS coins... All I buy is PCGS graded coins. However lately I am contemplating the real reason why I should pay 10 x more for a coin that is one or two grades higher when the lower grade coin looks better than the higher graded coin. I had a 1948 6D in MS65 that looks not that flashy against a MS64 coin I sold to a member here.. There is also some disparities when it comes to PCGS US and HK. I find coins graded in HK seems to be done more lenient...

Edit Some hight graded coins are worth a premium due to preservation and eye appeal.

If you're collecting for the pleasure of having the nicest looking coins then buy the coins you love, not the coins with the higher numbers on them. If you're determined to play the registry game the hardest buy the coins with the numbers.  There's no doubt there are lower graded coins that are prettier than some of their higher graded peers, which you choose depends on your motivations.

Good point and agreed.  I (try to ) play on the registry set game... therefore  numbers are important to me. However the risk I carry with that is by some random chance, reputation for PCGS goes down and next TPG becomes the next big thing,  wrongful numbered coin will only become a liability.  As long as coin is graded right, I will pay the premium,  if you know what I mean...

[ausjack]

I think 'eye appeal' is the principal factor for me. The number comes after.
And, if buying, the price difference can be substantial.
My motivation is to make up a good looking set without having to mortgage a kidney to AJ.

I'll try and get you a fair price but the kidney market is down at the moment as no one wants to trade me their nice coins for my spare kidney
I do both, I have no budget so I only buy the cheapest but the nicest coins I can and I have some really nice one's I've got from PP and Eric and they range from au58 to ms66 and I know I'll never be able to afford the earlier date so not even thinking about playing the registry game but I think I have some lovely coins.. but then they say beauty is in the eye of the beholder

[trout]

I am slowly putting together a set of Graded Canadian Silver dollars with coins that I have either sent away to be graded or have bought them already slabbed.
They are not the top of the wazza coins but they are all nice coins and I am happy with them and that is the important thing as far as I am concerned.
If you are putting a set of graded coins together I find it best to set yourself some achievable goals that are not only affordable but will result in an attractive and evenly matched set when completed.

For instance a set of Australian decimal coins with an average grade of MS66 is quite "Doable" without breaking the bank like a set of MS69-70 coins would and all of the coins are readily available Raw at very reasonable prices.
You could have them slabbed or just leave them raw , That is entirely up to you But I find that having a realistic goal in the first place is important so that you don't end up being discouraged halfway through completing a given set :ok:

[nealeffendi]

If you are putting a set of graded coins together I find it best to set yourself some achievable goals that are not only affordable but will result in an attractive and evenly matched set when completed.

I take the opposite tack. I know I will never be able to have a complete evenly matched set because some coins are just too expensive and too hard to get in any decent grade (like 1915 silver in MS66). So I go for really high grades (MS66-67) when those are achievable (like QE2 silver) but will settle for EF coins for the hard years.
Even for decimal collectors I'm sure that my strategy applies. Get a few WOW coins in MS69-70 but for wavy 2s, mules, incuse flags I'll bet most would settle for well below MS66 to complete a set.

[ausjack]

Yep I'm with you Neal as the budget (or lack of) dictates a lot and lesser grades are ok.

[frenc11]

I am a big follower and purchaser of PCGS coins... All I buy is PCGS graded coins. However lately I am contemplating the real reason why I should pay 10 x more for a coin that is one or two grades higher when the lower grade coin looks better than the higher graded coin. I had a 1948 6D in MS65 that looks not that flashy against a MS64 coin I sold to a member here.. There is also some disparities when it comes to PCGS US and HK. I find coins graded in HK seems to be done more lenient...

Edit Some hight graded coins are worth a premium due to preservation and eye appeal.

i think we need to look at the US MARKET on slabbed coins and see how many times more they pay for a coin a few grades higher , our coins might be cheap compared to theirs , as for how some coins look some of the toning on  RB perth mint pennies make the coins look better than higher graded RD  Penny coins and there are some  beautiful  chocolate BN coins that are better looking the either RB or RD Coins , but it seems the RD pennies command a premium

[nealeffendi]

RD is nice but I'm happy to pick up a BN coin for a good price. Last month scored a 1964M penny in MS65BN for $12.50 (with free post). On Numisbid a MS64RD sold for $60 and a MS65RD for $180. So I have a nice coin with choice surfaces for a fraction of the cost of a similar (but red) penny.

[robbiegal]

1964M penny in MS65BN for $12.50 (with free post).

that is terrible
why bother to send the coin off in the first place??

after seller fees
store fees
paypal fees
and slabbing fees

the seller paid to sell that coin

over the years I have learnt to just keep a coin if i end up paying to sell it

[trout]

i think we need to look at the US MARKET on slabbed coins and see how many times more they pay for a coin a few grades higher , our coins might be cheap compared to theirs , as for how some coins look some of the toning on RB perth mint pennies make the coins look better than higher graded RD Penny coins and there are some beautiful chocolate BN coins that are better looking the either RB or RD Coins , but it seems the RD pennies command a premium

   

The US coin Market is that big and the collector base is so large it makes the Australian market look like a roadside stall at a country Fair and that's why our coins are relatively cheap in comparison.
As for Red copper coins, There is something just so appealing about a copper coin in it's pristine untarnished form that collectors appreciate
I do agree that a technically superior grade in RB or BR for a lesser price is the better deal though :good:

[trout]

I have two World Modern submissions that have yet to be graded.
One is with PCGS for grading and they received the submission on 22/8/16, The other I sent to NGC last week and it has yet to arrive at the Sarasota office.
Any guesses as to which submission will be graded first :angel: