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#1
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Latest PNG/ ICTA Grading Results.
Did someone post this information already? If so, my apologies for the
duplicated effort. If not, then have a look. I don't think the results will shock. :-) http://www.pngdealers.com/public/surveyresults2004.cfm Ian |
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#2
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What is somewhat puzzling is that not a single company got an "outstanding"
in any category whatsoever. "Ian" wrote in message ... Did someone post this information already? If so, my apologies for the duplicated effort. If not, then have a look. I don't think the results will shock. :-) http://www.pngdealers.com/public/surveyresults2004.cfm Ian |
#3
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NGC got a "superior" rating in all categories.
Not surprisingly, everyone but PCGS and NGC got diss'ed, which should tell anyone thinking of dealing in slabbed coins a lot. "James Higby" heezerbumfrool[at]yahoo[dot]com wrote in message ... What is somewhat puzzling is that not a single company got an "outstanding" in any category whatsoever. "Ian" wrote in message ... Did someone post this information already? If so, my apologies for the duplicated effort. If not, then have a look. I don't think the results will shock. :-) http://www.pngdealers.com/public/surveyresults2004.cfm Ian |
#4
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For the record, "outstanding" ranks higher than "superior" according to the
fine print. "Bob Peterson" wrote in message ... NGC got a "superior" rating in all categories. Not surprisingly, everyone but PCGS and NGC got diss'ed, which should tell anyone thinking of dealing in slabbed coins a lot. "James Higby" heezerbumfrool[at]yahoo[dot]com wrote in message ... What is somewhat puzzling is that not a single company got an "outstanding" in any category whatsoever. "Ian" wrote in message ... Did someone post this information already? If so, my apologies for the duplicated effort. If not, then have a look. I don't think the results will shock. :-) http://www.pngdealers.com/public/surveyresults2004.cfm Ian |
#5
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Subject: Latest PNG/ ICTA Grading Results.
From: "James Higby" heezerbumfrool[at]yahoo[dot]com Date: 9/2/04 7:25 PM Central Daylight Time Message-id: For the record, "outstanding" ranks higher than "superior" according to the fine print. "Bob Peterson" wrote in message ... NGC got a "superior" rating in all categories. Not surprisingly, everyone but PCGS and NGC got diss'ed, which should tell anyone thinking of dealing in slabbed coins a lot. "James Higby" heezerbumfrool[at]yahoo[dot]com wrote in message ... What is somewhat puzzling is that not a single company got an "outstanding" in any category whatsoever. "Ian" wrote in message ... Did someone post this information already? If so, my apologies for the duplicated effort. If not, then have a look. I don't think the results will shock. :-) http://www.pngdealers.com/public/surveyresults2004.cfm Ian Well the dictionary doesn't exactly back that notion up (that "outstanding" is a higher rating than "superior"). Why not rate them as we are the way in which we are most familiar. Basal state, about good, good, etc. thru Extremely Fine! Grin All the best, Pete |
#6
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My statement was not based on a dictionary, it was based on what is stated
on the report itself. One has to look at the bottommost chart of the survey, where 7 to 8 points represent "superior" and 9 to 10 points represent "outstanding." "UsterDay72" wrote in message ... Subject: Latest PNG/ ICTA Grading Results. From: "James Higby" heezerbumfrool[at]yahoo[dot]com Date: 9/2/04 7:25 PM Central Daylight Time Message-id: For the record, "outstanding" ranks higher than "superior" according to the fine print. "Bob Peterson" wrote in message ... NGC got a "superior" rating in all categories. Not surprisingly, everyone but PCGS and NGC got diss'ed, which should tell anyone thinking of dealing in slabbed coins a lot. "James Higby" heezerbumfrool[at]yahoo[dot]com wrote in message ... What is somewhat puzzling is that not a single company got an "outstanding" in any category whatsoever. "Ian" wrote in message ... Did someone post this information already? If so, my apologies for the duplicated effort. If not, then have a look. I don't think the results will shock. :-) http://www.pngdealers.com/public/surveyresults2004.cfm Ian Well the dictionary doesn't exactly back that notion up (that "outstanding" is a higher rating than "superior"). Why not rate them as we are the way in which we are most familiar. Basal state, about good, good, etc. thru Extremely Fine! Grin All the best, Pete |
#7
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"James Higby" heezerbumfrool[at]yahoo[dot]com wrote in message ... My statement was not based on a dictionary, it was based on what is stated on the report itself. One has to look at the bottommost chart of the survey, where 7 to 8 points represent "superior" and 9 to 10 points represent "outstanding." From reading the results of the survey, it looks exactly the same as the 2002 one except for the addition of NTC.. again NGC got one more "superior" than PCGS did.. so basically, in two years, nothing has changed.. and despite this survey, PCGS slabs still generally command a premium over identical NGC slabs, sometimes a tiny premium, sometimes a wildly unexplainable premium.. So, does the coin collecting community care about this survey, or is it just one more set of opinions they choose to ignore??.. If you take it as a whole, and if you agree that the PNG is a group of professionals who live coins and have a huge base of knowledge, experience, wisdom, and no hidden agenda, then identical NGC and PCGS slabs should sell for the same price.. but in the real world, with very few exceptions, they don't.. Harv |
#8
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On Sat, 04 Sep 2004 16:24:08 +0000, Barry wrote:
On Sat, 04 Sep 2004 14:43:29 GMT, "Harv" wrote: "James Higby" heezerbumfrool[at]yahoo[dot]com wrote in message ... My statement was not based on a dictionary, it was based on what is stated on the report itself. One has to look at the bottommost chart of the survey, where 7 to 8 points represent "superior" and 9 to 10 points represent "outstanding." From reading the results of the survey, it looks exactly the same as the 2002 one except for the addition of NTC.. again NGC got one more "superior" than PCGS did.. so basically, in two years, nothing has changed.. and despite this survey, PCGS slabs still generally command a premium over identical NGC slabs, sometimes a tiny premium, sometimes a wildly unexplainable premium.. So, does the coin collecting community care about this survey, or is it just one more set of opinions they choose to ignore??.. If you take it as a whole, and if you agree that the PNG is a group of professionals who live coins and have a huge base of knowledge, experience, wisdom, and no hidden agenda, then identical NGC and PCGS slabs should sell for the same price.. but in the real world, with very few exceptions, they don't.. Harv As I see it, the only potnetial hidden agenda is NGC paid PNG a pretty penny to be "the official grading service of the PNG." Without that endorsement, and the deal that went with it, do you think NGC would have scored as well as it did? The market, overall, sure doesn't see it that way. Barry -- Note - Remove the X from my e-mail address for direct replies The market would not be concerned with many of the categories in the survey. The market would tend to value those coins the highest that it believed were graded the strictest (not necessarily the most accurate) and those that it believed would be accepted at the stated grade by others. |
#9
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These kind of surveys, while they do provide some insight, prove almost
nothing. The ratings are extremely subjective and there is not even an attempt to weight the results by number of coins submitted, what type of coins were submitted, etc. I wonder how many of those who took the survey were volume submitters primarily of low value coins (modern commems and such) and how many were submitting mostly higher end coins. The survey would have a lot more meaning if we knew just who was filling them in. "Harv" wrote in message ... "James Higby" heezerbumfrool[at]yahoo[dot]com wrote in message ... My statement was not based on a dictionary, it was based on what is stated on the report itself. One has to look at the bottommost chart of the survey, where 7 to 8 points represent "superior" and 9 to 10 points represent "outstanding." From reading the results of the survey, it looks exactly the same as the 2002 one except for the addition of NTC.. again NGC got one more "superior" than PCGS did.. so basically, in two years, nothing has changed.. and despite this survey, PCGS slabs still generally command a premium over identical NGC slabs, sometimes a tiny premium, sometimes a wildly unexplainable premium.. So, does the coin collecting community care about this survey, or is it just one more set of opinions they choose to ignore??.. If you take it as a whole, and if you agree that the PNG is a group of professionals who live coins and have a huge base of knowledge, experience, wisdom, and no hidden agenda, then identical NGC and PCGS slabs should sell for the same price.. but in the real world, with very few exceptions, they don't.. Harv |
#10
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"Jorg Lueke" wrote in message news On Sat, 04 Sep 2004 16:24:08 +0000, Barry wrote: As I see it, the only potnetial hidden agenda is NGC paid PNG a pretty penny to be "the official grading service of the PNG." Without that endorsement, and the deal that went with it, do you think NGC would have scored as well as it did? The market, overall, sure doesn't see it that way. Barry -- Note - Remove the X from my e-mail address for direct replies The market would not be concerned with many of the categories in the survey. The market would tend to value those coins the highest that it believed were graded the strictest (not necessarily the most accurate) and those that it believed would be accepted at the stated grade by others. Yeah, but PCGS slabs used to carry the PNG logo, no??.. So now it's on NGC slabs, and the survey results are the same as they were two years ago.. Harv |
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