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1943penny 's Blog

19 May 2020

PCGS or NGC

Collecting Tips | 1943penny

Today while I was looking through some pennies I found a 1960 D/D Small date over large date (i included an image). And I wanted to get it certified but was not sure which company to use. The top three that I decided between were PCGS, NGC, and ANACS. I did a bit of research on them and realized it would be helpful to make a blog so that people don't have to spend their time looking for information about these grading companies.

So I am going to compare and contrast these three certification companies.
PCGS

Pros;

Really Nice Holders

Good Reputation

Higher Premium
Cons;

Expensive membership price

higher Grading fees

must have a membership to submit coins

NGC

Pros;

Nice Holders

Good Reputation

Higher Premium

Membership cost is low


Cons;

higher grading fees

must have a membership to submit coins


ANACS

Pros;

No membership needed to submit

Low cost for certification

Cons;

Website hard to navigate

Holders are ugly and curved on top (look cheap)

Negative Premium

Trade for lower prices


So ANACS is rated #3 while PCGS (#2) and NGC (#1) were the top two with Pros outweighing the Cons.
Here are the basic prices for each company;

ANACS = $14 + $24 Shipping + $10 Handing

PCGS = $16 + $22 Shipping + $10 Handling

NGC = $17 + $24 Shipping + $10 Handling
So I did end up choosing NGC since it had low prices but also had good holders and was reputable.

I hope you enjoyed this blog! Thanks for reading,

1943penny

Comments

Longstrider

Level 6

NGC is a nice perc for all us ANA members. We get a free membership. I like their holder as one can see the coin edge. I also like ANACS holder. Personal taste. I do a lot of VAM's with them. I think you made the right choice.. God luck. Let us know who it turns out.

1943penny

Level 4

We get free memberships???? how?

Golfer

Level 4

I would choose NGC as the best, as I really like the current slabs they use. I do like ANACS for some less valuable coins. ANACS attends many coin shows here locally, and it's easy to submit the coins. I like to submit less expensive coins to ANACS just to have them graded and to support them at the shows. I do like buying NGC graded coins, just because I prefer the current holders. Nice find on the cent.

"SUN"

Level 5

That was a nice find.

JudeA

Level 4

Good find! They are all fabulous grading services, and all have different pros and cons. Personally, I would go with ANACS for any lower valued coin just because it isn't likely to sell for much more in a PCGS or NGC holder, and you will probably spend more buying membership with PCGS or NGC's higher prices than you will make on the coin. Also, ANACS attributed a MUCH larger amount of varieties than any other service, NGC and PCGS only attribute the well known ones. For the type of holder, I actually like ANACS best, because it allows you to view the edges of the coin, unlike NGC's holders. While PCGS and NGC probably have better quality holders, and are more respected, you would be saving money on an ANACS holder, and it probably won't make a difference on a low value coin. However, your coin isn't your typical low value coin, and it is probably recognized and attributed by NGC and PCGS. If you plan or sending more coins in to be graded, PCGS is probably the best choice for you. If you just want this one coin graded, then I would reccomend NGC.

coinsbygary

Level 5

Now I know that PCGS has good resale value and typically higher bids at auction. But for my money, I try to buy only certified and NGC when I can. If I can buy a coin that is accurately graded with higher eye appeal at a solid but not over-inflated price I am more likely to find that coin in an NGC holder. When I submit coins and medals for grading I use NGC because I use their registry and I like it a LOT better than PCGS's.

Numinerd9

Level 5

WOW, great find, 1943penny! I'm glad you decided on NGC. I'm not bragging, but I once found 5 of these before in an original roll (search the Small Date rolls, not the Large dates to find these; free cherrypicking advice.) I was feeling some kind of way about the "big" grading companies and decided to go with ANACS. They were all graded accurately; 63-65's, but I soon realized I did not do myself any favors by going with ANACS to save some money. In the long run,who knows how much money I lost out on by not going with NGC. There's nothing wrong with the "lower tier" grading companies in my opinion - some of the people who work for them are amazing and are friends of mine, but you really have to consider the WHY when getting coins graded. My intent with those was to make some money off a lucky find, so I could buy other things I really wanted for my collection, but I shot myself in the foot due to some stupid pride - experience is such amazing teacher. I hope your experience goes better than mine with this sweet Lincoln cent die variety. Best of luck with this coin; thanks for sharing! -Sam Gelberd, ANA Numismatic Educator.

Mike B

Level 6

Me its easy. The Smithsonian Institute checked and tested all three slabs why because the were putting our oldest and rarist coins in NGC slabs . Thats right NGC tested the best . PCGS was second and ANCS was third. If there good enough or the Smithsonian thats good enough for me. You forgot the Five dollars for unscrathable slabs. Since they started those i dont have a sxratch on any of my NGC slabs. Thanks for the great cent i have two rolls of 1960's rolls and there all a mess lots of luck with the cent.

Mokester

Level 5

Steel Cent, you have just proven that everybody has there own criteria for judging the top three. For me, the NGC holder is the best because it is very sturdy and because, in my experience, it is the hardest to crack open. I actually like the ANACS holder because that curved top allows you to identify the coin while looking down on a row of slabs in a slab box. However, in my experience, it is the easiest to crack open (at least the current iteration). Now PCGS is in the middle, not the best holder, no better than NGC for grading, they're location in California truly helps their reputation by making them the go-to service for all those trillions of dealers and collectors in our most populous state. So my ranking is 1. NGC, 2. PCGS 3. ANACS (but still pretty close to the top 2). They all deserve to be in the top 3.

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