Today’s Mail Bag question comes from Rich and it has to do with coin grading services. Coin grading services have been around for several decades now and while there are many smaller grading companies out there, the three that have emerged as the leaders are ANACS, NGC, and PCGS. But which one is best?
Clinton,
Thanks for taking time to answer my question. I want to know which one of the coin grading providers is the best. I have coins from NGC and PCGS but I’m not sure if I should focus on one or the other. Or if it matters.
Thanks,
Rich
Rich, the answer is really any of the big three. ANACS is one of the oldest and allows direct submission without any membership. NGC offers a wide range of grading options, including customized holder labels while PCGS is considered by many to be the best. Both NGC and PCGS require memberships for direct submissions but your local coin dealer, so long as they are a member, can submit them for you.
So long as you get your coins graded by one of these three, you should be good. All three of these companies employ coin graders with years of experience and who throughly exam your coin before putting a final grade on it.
As for me, I personally use NGC for all my coins. That’s not an endorsement but rather just the fact that when I started buying then submitting coins to be graded, NGC was the best option for me. I’ve just stuck with them and I’ve been happy with the quality of the slabs and the grades of my coins.
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