pcgs vs ngc.....PLEASE ANSWER !!!!!!!!!!!!!!!!!!!!!!!1?

i was looking at the pcgs coin price guide and the ngc coin price guide the other day,and saw that pcgs graded coins were worth much more than ngc graded coins.....a 2001 buffalo graded ms70 by ngc is worth merely $500, however a the pcgs graded one is worth about $1,000.......why is this......i thought pcgs and ngc were equal grading companies?if this is the case why are pcgs graded coins worth more than ngc graded coins...???????????????????????.....PLEASE ANSWER !!!!!!!!!!!

My understanding is that PCGS and NGC are equivalent in the ratings they give, so if a coin is rated ms70 by one it will probably also be rated ms70 by the other. However, the prices they report may not be equivalent. Prices could be reported a number of different ways, including

1. the average amount paid by a dealer to by the coin
2. the average amount paid to buy a coin from a dealer
3. the most recent price reported at an auction

Check the specific price guides you have to see if they tell what prices are being shown. Also make sure they are for the same year, since prices change as supply and demand change.

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I do not collect coins and do not have enough first-hand knowledge to give you any more details. I do collect paper currency and have run into the same types of issues.

You might also try reposting your question in the "Hobbies and Crafts" category, where you are more likely to find other coin collectors who may have a better answer.

http://answers.yahoo.com/dir/;_ylt=AtlCIJBmOu8CpoFs5FAz4sbvxQt.;_ylv=3?link=list&sid=396545183

PCGS VF-35 1915-D BUFFALO NICKEL ~ NO RESERVE! $44.99

1923-S Buffalo Nickel PCGS XF 45 Desirable Date for all Collectors! $345.00

1924-S Buffalo Nickel PCGS VF 25 Desirable Date for all Collectors! $420.00

PCGS AU-50 1915-D BUFFALO NICKEL ~ NO RESERVE! $102.50

KEY DATE PCGS XF-45 1916-D BUFFALO NICKEL ~ NO RESERVE! $56.00

2001-D BUFFALO PCGS MS66 SILVER DOLLAR $120.00

1937S Buffalo Nickel PCGS MS65 $50.00

1935 S BUFFALO NICKEL MS 65 PCGS (#0128) Nice Certified Coin $206.49

1913 BUFFALO NICKEL MS 65 TYPE 1 PCGS (#1508) Nice Certified Coin $192.49

1937 D BUFFALO NICKEL F 15 PCGS 3 LEG (#9279) Top End Graded Certified US Coin $822.49

1926 S BUFFALO NICKEL VF 20 PCGS (#9414) Nice Certified Coin $440.99

1936 D BUFFALO NICKEL MS 65 PCGS (#7351) $122.49

1935 S BUFFALO NICKEL MS 65 PCGS (#8166) Nice Certified Coin $230.99

1937 D BUFFALO NICKEL MS 62 PCGS 3 LEGS (#2275) Nice Certified Coin $3,699.49

1913 BUFFALO NICKEL TYPE 1 MS 65 PCGS (#7533) Nice Certified Coin $192.49

1929 BUFFALO NICKEL MS 65 PCGS (#5982) Top End Graded Certified US Coin $335.99

1924 S BUFFALO NICKEL F 15 PCGS (#5587) Certified Coin $174.99

1924 S BUFFALO NICKEL VF 20 PCGS (#5613) Top End Graded Certified Coin $374.49

1938 D BUFFALO NICKEL MS 66 PCGS (#5468) $108.49

2008 Gold Buffalo Set BZ8 PCGS First Strike Eligible based off of ship date $13,250.00

2001 BUFFALO $1 PCGS PR69 - Signed by Jay Johnson, Mint Director $125.00

1930 Buffalo Nickel PCGS MS66 CAC Blazing Luster and PL surfaces! Stunning! Z2 $699.00

1936-D Buffalo Nickel PCGS MS66 $100.00

Buffalo Nickel 1937S MS66 PCGS $62.30

2001-D Buffalo Silver $1 Commemorative PCGS MS69 $125.00

2001-D American Buffalo Silver Dollar PCGS MS-69 U.S. Signed by Mint Director $127.50

1918/7-D 5C PCGS Genuine Buffalo Nickel XF $6,950.00

★1938-D Buffalo Nickel ★PCGS MS65★OGH PQ Golden Toned★ $94.00

1931 S BUFFALO NICKEL PCGS MS 65 BEAUTIFUL TONING!! $495.00

★1938-D Buffalo Nickel ★PCGS MS65★OGH PQ Golden Toned★ $94.00

1914-D Buffalo Nickel PCGS VG08 $56.80

1915-D Buffalo Nickel PCGS F15 $26.78

1938-D BUFFALO NICKEL $0.05 PCGS MS65 $56.50

1938-D Buffalo Nickel PCGS MS66 - Beautiful Coin - $64.99

2008 W $5 1/10 oz Uncirculated Gold Buffalo PCGS MS70 $699.99

1916 P PCGS AU 55 BUFFALO NICKEL $19.99

BUFFALO NICKEL 1913-S Type 2 PCGS G4 Graded Coin "RARE DATE" REDUCED PRICE $319.99

2008 w $5 GOLD BUFFALO 1/10 oz PCGS MS70 FIRST STRIKE $1,199.00

2001-P CERTIFIED BUFFALO SILVER DOLLAR PCGS PR69DCAM $120.00

1938-D Buffalo Nickel *** PCGS *** MS65 *** $65.00

Certified Buffalo Nickel 1929-S MS65 PCGS Golden Eagle Coins specializes in a wide variety of Gold & Silver Bullion Products. Our large inventory caters to both the Bullion Investor as well as the collector. We offer every date and size of American Gold & Silver Eagles and carry large quantities of Canadian Maple Leafs, Krugerrands & Silver Bars. Feel free to use our site for all your indications of the Gold & Silver market. Our quotes co...

Certified Buffalo Nickel 1938-D MS65 PCGS Golden Eagle Coins specializes in a wide variety of Gold & Silver Bullion Products. Our large inventory caters to both the Bullion Investor as well as the collector. We offer every date and size of American Gold & Silver Eagles and carry large quantities of Canadian Maple Leafs, Krugerrands & Silver Bars. Feel free to use our site for all your indications of the Gold & Silver market. Our quotes co...

Certified Buffalo Nickel 1938 D over S MS65 PCGS Golden Eagle Coins specializes in a wide variety of Gold & Silver Bullion Products. Our large inventory caters to both the Bullion Investor as well as the collector. We offer every date and size of American Gold & Silver Eagles and carry large quantities of Canadian Maple Leafs, Krugerrands & Silver Bars. Feel free to use our site for all your indications of the Gold & Silver market. Our quotes co...

Bowers and Merena Presents Rarities Sale / Featuring The Rod Sweet Collection, Part IV The Poof Collection The Leon Kontos PCGS Registry Set of Buffalo Nickels The High River Collection, Part II The Emerald Bay Collection An Important Consignment from the Family of Peter J. Schemenauer, Jr. / July 24, 2005 ...