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A lesson in how not to compare grading services

July 9, 2017 in ANACS, Auctions, Blogs, Coin Errors, Coin Grading, Coins, Collecting, Education, Grading, Investing, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

Every so often I will read something and even though I agree with the premise and possibly the hypothesis, I disagree with the method. This is what happened when I read “How do late ANACS slabs stack up with modern PCGS?” This article by Michael Bugeja at Coin Update is not the first of its […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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How do late ANACS slabs stack up with modern PCGS?

July 1, 2017 in ANACS, Coin Grading, Coins, Collecting, Education, Grading, News, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service)

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

Viewers of Coingrader Capsule know we test modern holdering companies, especially against the widely held half-truth / half-myth that early graders were more conservative than those of today. You can view several posts about that in Coin Update.

Here’s one of the first that I did in 2011, titled “Old Green Holders” [ain’t what they used to be]. Here’s another about “Inconsistencies of Old Green Holders.”

In the end, the earlier graders may have been stricter more often than not, but also more inconsistent than top-notch graders for PCGS and NGC. So I decided to crack out and test these quarter…Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Follow-up: The Volatile State of Online Estate Auctions

February 14, 2017 in Auctions, Coins, Coins for sale, Collecting, Education, Investing, News, Numismatica, Numismatics, Opinion, Rare Coins, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

Earlier this year I wrote an investigative analysis titled “The Volatile State of Online Estate Auctions,” noting how tardy technological upgrades in addition to fees from auction portals and credit card companies—often combined with building rent and/or upkeep of onsite facilities—continued to push buyer premiums ever higher.

Shipping has always been an issue with auction houses. Some use third-party shippers. Some do not ship at all.. And a few charge high shipping fees..

These costs were passed to bidders, I noted. At first, auctioneers with onsite clientele did not charge local buyers any fees. Then many had to do so… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Cracking Out Top-Tier Holders

March 12, 2016 in Certified Acceptance Corporation (CAC), Coins, Collecting, Education, Grading, News, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

ngccrackout1

Some believe that when a top-tier grading company such as PCGS, NGC, ANACS or ICG slabs a coin, it is the last word on the grade. However, after a numismatist gains sufficient expertise, he or she can spot an under-graded coin, or what is perceived to be one.

In this article we are discussing crack-outs, not crossovers, or resubmissions. NGC only considers crossovers from PCGS, a policy I have criticized repeatedly here, especially when the coins are slabbed by ANACS and ICG. If you want to learn about choosing candidates for crossover and resubmission, click here.

The crack-out… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Crack-Out or Reconsideration? See these results!

February 2, 2016 in Auctions, Coins, Collecting, Education, Grading, History, Investing, News, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), USA Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

crackout

Recently in an estate auction I won more than 50 lots of coins in older green PCGS holders, which traditionally have the allure of being conservatively graded and deserving of upgrades.

For several years now I have been submitting my own coins to the top holdering companies, paying an annual fee for that privilege to PCGS and NGC. (ANACS and ICG do not charge fees; but I seldom submit to them because I have set registries in the other two top companies.)

Only rarely do older numismatic estates come up for auction, and when they do by the major houses such as… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Book Review: Making the Grade, 3rd Edition

January 30, 2014 in Books, Coin Grading, Coins, Education, Numismatica, Numismatics, USA Coins

Learn How to Grade Coins with Photos and Descriptions

By James Bucki January 28th, 2014 (http://coins.about.com/)

Coin World’s first-rate coin grading guide, Making the Grade is now published in its third edition. The book provides a visual guide into the world of grading United States coins. Written by Beth Deisher, this was her last project before she left her post as editor of Coin World in April 2012. The third edition is a vast improvement over the previous edition in that it covers 30 more series of coins and has a larger physical dimension that makes it easier to use.

Full article at the source>

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