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IME, ranking current grading strictness form hardest to easiest is: CACG -> ANACS / PCGS -> NGC. Of course, there is no truly objective and valid way of comparing the TPGs across all series and dates, which is why I write IME (personal experience and limited series/date comparisons) Steve Palladino. - Ike Group member.
Among my personal favs: 1. "Mr NNC" actually won a recent PCGS grading contest; 2. NNC is owned & operated by a well-known, high-volume eBay seller; 3. A highly graded NNC coin, when taken out of its slab, turned out to be the sides of 2 different coins, cleverly glued together!
NGC Ancients doesn't guarantee authenticity of ancient coins. But, they won't slab an ancient coin which they believe is a fake. They seem to be excellent, at identifying fake ancient coins. However, it seems like, anyone can make a mistake. For medieval and modern coins, I don't know what NGC's reputation is.
Learn to do your own grading. The reason to buy slabbed coins is to know the coin is real (authentication) and to know it hasn't been tampered with (cleaned.) To that end stick with the following TPGs: PCGS. NGC. ICG. ANACS. NCS (coins that have been "conserved", not "cleaned". A whole 'nother debate there.)
I just sent a raw 1916-D mercury dime to NGC to be graded. Never did this before but the costs have made me think never to do it again. The costs are as follows. Had to join NGC (lowest tier)-----$25.00 Handling fee on submissions----- $10.00 Grading (12 to 14 days turnaround)----- $35.00 Return postage fees value of $1 to $2K--$30.00
None crossed over to PCGS as AU58: 1909 $2.5 NGC AU58 = PCGS AU55. 1909 $5 NGC AU58 = PCGS AU50. 1909-D $5 NGC AU58 = PCGS AU55. 1909-$20 NGC AU58 = PCGS AU55. 1909/8 $20 NGC AU58 = PCGS AU55. In looking at the coins now that I sort of know how to grade them, I think the PCGS grades are accurate.
There are many ways to save/coin; you are correct the handling fees are always $10 and that the member fees are an initial cost. I am a member of both companies, these are screenshots from their online submission forms. This is just to give folks an idea of what it could cost. It helps to think about these costs when folks consider grading.
It still comes down to the individual coin however such that a nice NGC MS65 $5 Lib will probably bring within 0-5% of PCGS money on a sight seen basis. As far as the orig qustion of an NGC 61 being a PCGS AU58, it probably just doesn't matter. 61 coins as a rule look like heck and they might as well be AU's because most of them are.
Its an even dumber idea for a single company to offer two completely different grading systems. The 10 point scale used by PSA and others is actually a 100 point scale that uses decimals. Asking your graders to flip back and forth between the 70 and 100 point scales is so incredibly dumb. Last edited: Nov 16, 2022.
The exact same coin would sell for the most money in a PCGS holder, somewhat less in an NGC holder, and the least in an ANACS holder. But in my experience, the coins in these holders looks exactly the same. In fact, there are some NGC guidelines that are stricter than PCGS, and ANACS grades many more variety and problem coins.