| Author |
 Replies: 21 / Views: 5,528 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United Arab Emirates
557 Posts |
I have ICG graded coins dated 1960 and up I believe they do a pretty solid job of grading. I know to buy the coin not the holder, but ICGs holders stack the best IMO.
|
|
New Member
United States
26 Posts |
It's all market perception. The reason you were able to get the 70 grade cheap is that the market believes that there is a good chance that PCGS or NGC would not assign the 70 grade to it. But you can also use this to your advantage by cracking it out and sending to PCGS and see what they give it. You could win on that but you need to overcome the grading fees. If I remember correctly, neither PCGS or NGC will cross a 70 coin directly.
|
|
New Member
South Africa
12 Posts |
I am still learning this hobby and I want to find out do ICG a well establish TPG or a new company which been in the market for only few years. |
|
Moderator
 United States
23522 Posts |
Quote:I am still learning this hobby and I want to find out do ICG a well establish TPG or a new company which been in the market for only few years. ICG are quite well-established and have earned their reputation. Their downside is as has been mentioned before - perception in the marketplace - but they're considered as a "real" TPG. |
|
New Member
South Africa
12 Posts |
Thanks SuperDave this will make me feel more comfortable buying their slabs as its cheaper than the top 2 but knowing its still a respectable TPG . |
|
New Member
South Africa
12 Posts |
I have been offered a 1997 $1 Silver Eagle - Philadelphia ICG Graded MS-69 for US$60.00 . Is that a fair price ? your expert advice will help .
|
|
Bedrock of the Community
13014 Posts |
If you were in America 60 is a bit high. They generally sell in the 40-45 range here with the pcgs and ngc ones selling for 60. You being in South Africa changes it a bit since I'm not sure how common they are there. Either way 60 isn't a terrible price and may actually be a very fair price for your location.
|
|
New Member
South Africa
12 Posts |
Thanks basebal21, I really appreciate your advice . In South Africa NGC is very popular with about 70% share of graded coins market . A similar coin & grade by NGC will be selling for around US$85.00 .
|
|
Bedrock of the Community
13014 Posts |
If the NGC ones are going for 85 60 seems like a fair price, thats the same difference they have here. Out of curiosity do a lot of US coins end up there? |
|
New Member
South Africa
12 Posts |
Thanks again basebal21, Silver Eagle is so popular because according to our south African opinion Kruger Rand is the king of gold while Silver Eagle is king of silver but we still trade in Leafs & Pandas as well in much smaller scale .
|
|
Valued Member
United States
324 Posts |
I have used ICG when JP Martin was in charge of it and all was fine, the grading 100% accurate. I like to trust the people at the company instead of the company alone, so now I like ANACS best. As someone who likes older coins I find spending money to grade an 1997 ASE and getting a MS-69 as odd. When they mint them they should all be about MS-69 with modern coin manufacturing. Why pay for normal manufacturing standards? |
|
Bedrock of the Community
13014 Posts |
69s used to be the top population for the most part in the 90s. It wasnt until 2004 that 69s became expected with 70s becoming prevalent. There are a few 70s in the 1990s but for PCGS theres only 37 total from 1986 through 2000. Some of the 69s were easier to get than others, but enough of them grade lower that its not the expected norm for all of them.
For the 1997 coin in question a PCGS one would make sense to grade if you added it onto a submission since it would run you 60-90 dollars to buy. You could buy it for 30 then grade it for 16 as an add on to another order leaving room to make or save money depending on your intentions if you used PCGS. NGC ones sell in the 40s which wouldnt make sense though.
|
|
Pillar of the Community
United States
9793 Posts |
Quote:
I have used ICG when JP Martin was in charge of it and all was fine, the grading 100% accurate. I like to trust the people at the company instead of the company alone, so now I like ANACS best. My friend and ex-owner/creator of ICG hired JP Martin, as he is one of the very best numismatic experts around. Now JP Martin works for ANACS.  JP really knows his stuff, one of the foremost counterfeit dectors in the world. All the more reason to use them, and John Roberts attributing VAMs also one of the best in his field. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Valued Member
United States
160 Posts |
Is ICG also good on saying if a coin has been cleaned? Are they as tough on an old cleaning as the other TPG's? I know a dealer with a well struck 21 Peace dollar. I like the coin, but he wants PCGS MS64 money for a ICG MS64 coin. I have been looking hard for a well struck 1921 Peace dollar so I am torn. Thanks |
|
Pillar of the Community
United States
9793 Posts |
Just buy the coin not the holder, and you'll do fine, I think all the TPGs get the cleaning wrong as often as they seem to get it right. IMO.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
|
Page 2 of 2
|
Replies: 21 / Views: 5,528 |
Page 2 of 2
|
First Page
Posted 07/01/2013 11:41 am
