COIN WORLD magazine rates the authenticators. NGC, PCGS etc.

I was surprised to find that ICG and ANACS got mixed reviews...
even ratings that made me think that they should be avoided.

Other encapsulators graded were Trugrade, SEGS, Acugrade
and numistmitrust (sp).

In article ,
(frank wight) wrote:

I was surprised to find that ICG and ANACS got mixed reviews...
even ratings that made me think that they should be avoided.

Other encapsulators graded were Trugrade, SEGS, Acugrade
and numistmitrust (sp).

In what issue was this? I must have missed it (or not received it yet).

- Scot Kamins

"Scot Kamins" wrote in message
...
In article ,
(frank wight) wrote:

I was surprised to find that ICG and ANACS got mixed reviews...
even ratings that made me think that they should be avoided.

Other encapsulators graded were Trugrade, SEGS, Acugrade
and numistmitrust (sp).

In what issue was this? I must have missed it (or not received it yet).

- Scot Kamins


9/6/2004


--
Michael R
ANA #173222
Ebay and Yahoo ID ~ mrae7

On 1 Sep 2004 12:07:27 -0700, frank wight wrote:

I was surprised to find that ICG and ANACS got mixed reviews...
even ratings that made me think that they should be avoided.

Other encapsulators graded were Trugrade, SEGS, Acugrade
and numistmitrust (sp).

Did they also publish the $ in sales the dealers do for each company.
I wonder if the ratings and the sales figures correlate.

Barry wrote:

It's not COin World that did the ratings. It's the PNG. They did a
similar survey 2 years ago with similar results.

Results of the latest PNG/ICTA survey of grading services can be found at the
PNG web site (click below):

http://www.pngdealers.com/public/Sur...004_detail.cfm


++++++++++
Phil DeMayo - always here for my fellow Stooge
When bidding online always sit on your helmet
Just say NO to counterfeits

On Wed, 1 Sep 2004 21:09:26 -0500, Stujoe
wrote:

Jorg Lueke spoke thusly...
On 1 Sep 2004 12:07:27 -0700, frank wight
wrote:

I was surprised to find that ICG and ANACS got mixed reviews...
even ratings that made me think that they should be avoided.

Other encapsulators graded were Trugrade, SEGS, Acugrade
and numistmitrust (sp).

Did they also publish the $ in sales the dealers do for each company.
I wonder if the ratings and the sales figures correlate.

It would make sense if it did correlate and for at least 2 different
reasons depending upon your level of cynicism.

1. They rated X as the best because they deal in them the most.

2. They deal in X the most because they rate them as the best.



Indeed. If most PNG dealers only deal in PCGS/NGC coins then their
objectivity cannot be very high though. It's natural the survey would
correlate, but then what does it prove?

On 02 Sep 2004 02:49:06 GMT, Phil DeMayo wrote:

Barry wrote:

It's not COin World that did the ratings. It's the PNG. They did a
similar survey 2 years ago with similar results.

Results of the latest PNG/ICTA survey of grading services can be found
at the
PNG web site (click below):

http://www.pngdealers.com/public/Sur...004_detail.cfm


++++++++++
Phil DeMayo - always here for my fellow Stooge
When bidding online always sit on your helmet
Just say NO to counterfeits

So the numbers at the bottom seem to say there were 13 dealers each
filling out 8 surveys although that doesn't explain 172 total surveys. At
any rate a small sample.

Jorg Lueke wrote:

On Wed, 1 Sep 2004 21:09:26 -0500, Stujoe
wrote:

Jorg Lueke spoke thusly...
On 1 Sep 2004 12:07:27 -0700, frank wight
wrote:

I was surprised to find that ICG and ANACS got mixed reviews...
even ratings that made me think that they should be avoided.

Other encapsulators graded were Trugrade, SEGS, Acugrade
and numistmitrust (sp).

Did they also publish the $ in sales the dealers do for each company.
I wonder if the ratings and the sales figures correlate.

It would make sense if it did correlate and for at least 2 different
reasons depending upon your level of cynicism.

1. They rated X as the best because they deal in them the most.

2. They deal in X the most because they rate them as the best.



Indeed. If most PNG dealers only deal in PCGS/NGC coins then their
objectivity cannot be very high though. It's natural the survey would
correlate, but then what does it prove?

That's a BIG if you have there. I don't know about most but many PNG dealers deal in all kind of coins, slabbed and raw.

JAM

Stujoe wrote:

Jorg Lueke spoke thusly...

Indeed. If most PNG dealers only deal in PCGS/NGC coins then their
objectivity cannot be very high though.

Maybe. Maybe not. I cannot think of a sample for a survey of the grading
services that would be both knowledgeable and have unquestioned
objectivity. Can you?


I nominate...'Prices Realized'. ;-)

The ultimate market test. ;-) Given identical issues and identical
grades, which companies certified coins bring the highest bids at
auction? I think that would be an accurate reflection of consumer
confidence, if not of adherence to objective grading standards.

Alan
'posting realized'

(frank wight) wrote:
I was surprised to find that ICG and ANACS got mixed reviews...
even ratings that made me think that they should be avoided.

He who hesitates is lost, but look before you leap. A stitch in time
saves nine, but haste makes waste. In other words, for every "truth"
there is an equal an opposite "truth." In this case, the dialectic is
between the fact that the market is always right and most people are
usually wrong. In other words, ICG and ANACS are both highly
respected among serious numismatists of an old-fashioned prejudice.
ICG and ANACS do not throw money around so they do not get the sweet
headline grabbing deals to encapsulate the megabuck coins in the news.
That is about all there is to it. Not that PCGS and NGC are in any
way deficient. They lead the pack for a reason. Therefore, when it
comes to slabbing coins, I think of the Big Four.

Michael
ANA R-162953