Author Topic: Has PCGS recently lowered their grading standards?  (Read 1637 times)

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Offline Birdman

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Has PCGS recently lowered their grading standards?
« on: December 05, 2013, 08:32:34 PM »
Look at PCGS #28987757-28987767.  These appear to be freshly graded coins, and the most recent PCGS population (updated Dec. 2) doesn't include them.

http://www.pcgs.com/cert/
http://www.pcgs.com/pop/default.aspx?t=4

One can tell that they are newly graded because in that 11-coin string there are two 1990SD G1/10 PCGS MS70 and eight 1990LD G1/20 PCGS MS70.  The PCGS MS70 population of those coins at the moment are zero and one respectively (8 of 9 of the newly submitted 1990LD G1/20 graded MS70, when there was only 1 MS70 in all prior years).  If you look on either side of those serial number ranges, it seems there is also a rather high prevalence of MS70s silver pandas, too.

I'm following up on a few other things that catch my eye on this observation...

Offline Mirkkanen

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Re: Has PCGS recently lowered their grading standards?
« Reply #1 on: December 05, 2013, 11:20:48 PM »
We should also recall PCGS' recent propensity to grade higher the new 2013 silver panda medals as compared to NGC. I do believe more 70s are coming from PCGS recently than in prior months.

Offline chinarares

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Re: Has PCGS recently lowered their grading standards?
« Reply #2 on: February 18, 2014, 01:48:39 AM »
yes , at least the PCGS grading standard i see here in China is 1- 3 points lower than NGC. and the collectors learned a lot and lost money & faith in PCGS because PCGS graded coins means garbage compared to the same grade of NGC's.on the contrary of previous years,people pay a lot more lowers for PCGS's than for NGC's.
it has been a common pratice of coins dealers in Mainland China to send high quality coins to NGC,and to break the NGC low grade slabs & resend to PCGS for 1-2 grades uplift.
check the PCGS's & NGC's realised price on www.zhaoonline.com,U can tell the huge difference. and as for me, i sold out all my PCGS's except coins mintage Rarer than 50.

pls do not pay much for PCGS's since U are not able to sell good price to the majority collector which are in Mainland China,and this is all caused by the loosen stardand of PCGS!

example1:
http://www.zhaoonline.com/search/?channelModule=trade&keyword=1994+%E5%96%9C%E9%B9%8A
http://www.zhaoonline.com/jinianxilie-yin/2542179.shtml
1994 Magpie 69: NGC RMB9000-11000, PCGS RMB6800-8400.and must take a look at the quality of both.
example2:
1983 pig:
http://www.zhaoonline.com/search/?channelModule=trade&keyword=1983+%E7%8C%AA
1983 pig 69: NGC RMB27000-29000;PCGS RMB13000-15500;
1983 pig 68: NGC RMB12000-14000;PCGS8000-9000;

Offline chinarares

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Re: Has PCGS recently lowered their grading standards?
« Reply #3 on: February 18, 2014, 01:54:11 AM »
when first found the mean practice of PCGS in Mainland China,i wrote 2 articles about PCGS quality to warn collectors. here is the link:
1.http://china-mint.info/forum/index.php?topic=9315.0
2.http://china-mint.info/forum/index.php?topic=9319.0
3.also check thes newly graded 1994 magpie(i think they should be lower than 67 or even be graded as "PROOF"):
http://www.zhaoonline.com/jinianxilie-yin/2542179.shtml
http://www.zhaoonline.com/jinianxilie-yin/2521211.shtml

so, avoid these landmine