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TPG as it relates to Proof Coins

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Larz13

1,273 views

1936-1942 My Experiences

It has been my experience that other TPGs are not "up-to-snuff" with NGC and PCGS in the grading of proof coins, specifically the early issues from 1936-1942. I have purchased several of these proof coins in what I call "rogue" holders and there are some bargains out there for the astute collector. I have yet to find an ANACS, PCI, CCGS, UNC (I have not purchased any ICG) holdered coins that have crossed into the same grade and/or designation as NGC.

It is my experience that the other TPGs are giving out higher numerical grades and are more freely giving out Cameo or Deep Cameo designations that would significantly alter Registry scores. It is for this reason that I would not be in favor of including these other TPGs in the Registry, as far as older Proof sets are concerned.

Someone in a West Palm Beach, FL coin show told me a few weeks ago that for Morgan Dollars, ANACS is as accurate as NGC and PCGS and this may be true but this is not the case for Proof coins. Typically I would look for a discount if the coin is not in the "Big 2" (NGC and PCGS) and an even bigger discount if not in the "Next 2" (ICG and ANACS).

1940 PF68

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