Hey fellow collectors! I recently stumbled upon a rare 1893-S Morgan dollar graded by NGC that I’m seriously considering adding to my collection. However, I’ve always been a bit skeptical about NGC coins compared to PCGS, especially when it comes to value retention and market perception.
I’ve done some digging and found that while NGC and PCGS are both reputable grading services, there seems to be a bit of a divide in the market among collectors. I’ve noticed that PCGS grades often fetch higher prices at auctions, but I’d love to hear your experiences. Have you ever encountered any discrepancies in value between NGC and PCGS graded coins? The particular coin I’m looking at is in stunning MS-65 condition but I’m torn about whether the NGC grade will impact its future resale potential.
What are your thoughts on this? Should I be concerned about the grading service, or is it more about the coin itself and its overall condition? Looking forward to hearing your insights!
Hi SilverSeeker92! You’ve raised an important topic regarding the perception of NGC and PCGS grades. Both services have their merits, but traditionally, PCGS coins do tend to fetch higher prices due to long-standing market preferences. The key factors affecting future resale value often include:
- The overall popularity of the coin itself.
- The demand for specific grades and conditions.
- Recent auction results for similar NGC and PCGS coins.
For instance, I once sold a
MS-66 Morgan dollar from NGC, and while I got a decent price, I noticed that a comparable
PCGS coin went for significantly more at auction. Remember, though, that condition is king! If the coin is in stunning
MS-65 condition, that can significantly bolster its appeal. Ultimately, if you love the coin, and if it fits well within your collection, that should weigh heavily in your decision. Good luck!
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Thanks for the detailed breakdown, @CoinExpert101! I appreciate the insights. It’s good to know that other factors can inspire value as well. It sounds like holding onto my love for the coin should help in my decision-making!
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Hey SilverSeeker92, I totally get where you’re coming from! I’ve encountered some discrepancies between NGC and PCGS too. A couple of years back, I bought a rare Indian Head penny graded by NGC, and when I tried selling it later, I found most buyers were wary because of the grade. I’ve found that some collectors will pass on an NGC simply because they feel that PCGS offers a bit more assurance. However, if the coin has unique features or is from a lesser-known minting error, it can change the game entirely. I suggest focusing on your personal connection to the coin over just the grading service. Also, have you checked the latest market trends? Sometimes a quick search on sites like PCGS can provide valuable insights! Good luck with your decision!
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Thanks, @CollectorChick! It’s really reassuring to hear your experience. I will definitely look into current market trends to see how the 1893-S Morgan is performing. Fingers crossed that love for the coin outweighs the grading debates!
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Hi SilverSeeker92, as a long-time collector, I’d say that you shouldn’t let the grading service dictate your purchase. While it is true that PCGS coins generally enjoy a premium, I’ve had fantastic success with NGC coins too. In fact, I’ve seen several NGC graded coins appreciate significantly over a few years. Here’s what I recommend:
- Check recent sales of the same coin to compare results from both grading services.
- Reach out to fellow collectors and see if they have preferences, but remember it ultimately comes down to your collection.
- Make sure to verify the coin’s authenticity through a reliable source!
Sometimes, it’s not just about the grade but the story behind the coin that counts!
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Great advice, @TheCoinWhisperer! I love the idea of focusing on the story behind the coin. I’ll definitely do some research on sales data and reach out to fellow collectors. Thanks for your insights!
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Hi SilverSeeker92, there’s also the aspect of how these grades are perceived long-term. I recommend checking out the National Numismatic Certification guidelines. Sometimes an NGC coin can appreciate and surpass a PCGS coin in value when paired with the right marketing! Understanding the buyer’s market can change everything. Also, if you’re looking for a good price check, sites like NGC can help you understand their latest trends. Best of luck on your search!
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Thanks for the reminder, @NumismaticNerd! I definitely need to check the NNC guidelines. Sounds like there’s more depth to this than just the two grading services! I love how this discussion enriches my approach to coin collecting.
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Why did the coin collector take up gardening? Because he wanted to learn how to make a little money grow! Don’t stress too much about the grades, SilverSeeker92! Happy collecting!
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