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Quick Poll: Is ICG A Reputable Grading Company?

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GrapeCollects's Avatar
United States
8938 Posts
 Posted 02/18/2019  7:21 pm Show Profile   Bookmark this topic Add GrapeCollects to your friends list Get a Link to this Message Number of Subscribers
Poll Question
I've been seeing a lot of nicer grade coins selling under their better grading cousins in different grades, ( ie a ICG AU50 selling for less then a NGC VF35.

Poll Choices
 Yes
 No
 My Opinion is Below

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westernsky's Avatar
United States
7618 Posts
 Posted 02/18/2019  7:24 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Buy the coin and not the holder no matter what grading company slabbed it!
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 Posted 02/18/2019  7:29 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I voted No since I have seen many overgraded labels on slabs from ICG.
That being said, it is possible to find a bargain if you buy the coin inside the slab and disregard whatever it says.
Many will pass on a coin in an ICG slab simply because it is in one.
Sometimes I think that the coin in an ICG slab would fetch more if it were raw.
Now this may not be the case for all, most, some or a few.
It is just my experience. I haven't seen any undergraded ICG slabbed coins yet.

LATE EDIT: I just went and looked at some. ICG may have upped their game in recent years. I am seeing some agreeable grades on some I looked at.
I do see they are quick to bump up to PF70 where I don't think the more popular three would give that grade on modern proofs.
Edited by TNG
02/18/2019 7:36 pm
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BH1964's Avatar
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 Posted 02/18/2019  7:34 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Buy the coin not the holder. I've owned several nice, accurately graded coins in ICG holders over the years. ICG is not a basement slabber.
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Earle42's Avatar
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10034 Posts
 Posted 02/18/2019  8:59 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Buy the coin, not the holder. No matter the reputation of the company. Remember the following , according to the marketrs of the company, was graded by three separate, trained graders. The PCGS website even says they match up the coins with graders who know the series better.
Quick-Poll:-Is-ICG-A-Reputable-Grading-Company?

Quick-Poll:-Is-ICG-A-Reputable-Grading-Company?

Quick-Poll:-Is-ICG-A-Reputable-Grading-Company?

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Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
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kanga's Avatar
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 Posted 02/19/2019  08:48 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
ICG is considered somewhat reliable BUT should only be bought sight-seen.
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 Posted 02/20/2019  07:49 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
All TPGS's are made up of people. People are not perfect. In fact it is people that mess things up with grading systems. As noted already, buy the coin, not the slab.
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jbuck's Avatar
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 Posted 02/20/2019  09:26 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I appreciate the TPG's opinion, but it is still an opinion no matter how objective the grader tries to be. Ultimately it is your opinion that matters when you make a purchase.

I love building my PCGS graded Ike set, but there is a reason why I have not finished it yet. Finding affordable Ikes where my opinion of the coin matches the grade on the label is not that easy.
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Andrew99's Avatar
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 Posted 02/20/2019  4:22 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
I Can't Grade service earns its name with every coin submitted.
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basebal21's Avatar
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 Posted 02/20/2019  4:37 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
ICG is a legitimate company. That said PCGS and NGC are kings for a reason. They're just as good and really better than ANACS is, but most things worth submitting are worth submitting to PCGS or at the very least NGC.
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jbuck's Avatar
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 Posted 02/20/2019  4:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
ICG is a legitimate company... They're just as good and really better than ANACS is
And just like ANACS, I am not a fan of their holder.

In my opinion PCGS has the best holder and NGC second. The others I would only buy if I needed the coin for my Dansco.
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GrapeCollects's Avatar
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 Posted 02/20/2019  7:31 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I prefer ANACS over ICG, at least their holder doesn't look like an egg.
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Coinfrog's Avatar
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 Posted 02/20/2019  7:38 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
ICG is lost in the fog of second-tier graders, along with ANACS, for different reasons. Neither has built a solid reputation of consistency. If you have a coin or note of significant value, don't send it to either.
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basebal21's Avatar
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 Posted 02/20/2019  7:43 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
In my opinion PCGS has the best holder and NGC second. The others I would only buy if I needed the coin for my Dansco.


Completely agree about PCGS, I don't think any of them actually come close at this point. It's the clearest and the best protection.

Aside from the white prongs, the NGC holder annoys me that they try and up-charge to be scratch resistant when that should be standard at this point like it is with PCGS.

The others definitely can be very good album coin sources


Quote:
I prefer ANACS over ICG, at least their holder doesn't look like an egg.


ANACS is the only holder I can consistently open up with my hands. They're the worst holder by far for the ebay TPGs imo
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jbuck's Avatar
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 Posted 02/21/2019  10:39 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
the NGC holder annoys me that they try and up-charge to be scratch resistant when that should be standard at this point like it is with PCGS.
Wow, did not know that. Seriously, that should not be optional.


Quote:
ANACS is the only holder I can consistently open up with my hands.
I believe it. I have not tried to open one yet, but I have handled a few. A proof set lens feels more secure.
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basebal21's Avatar
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 Posted 02/21/2019  11:03 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Wow, did not know that. Seriously, that should not be optional.


If you use the express tier or high you get the scratch resistant holder "free". Any lower tiers it's an extra $5 per coin.

It should be their standard holder, but their insistence of trying to charge for it is penny wise and dollar foolish in my opinion.


Quote:
I believe it. I have not tried to open one yet, but I have handled a few. A proof set lens feels more secure.


Some of the proof set ones probably are. If you can get into the seem on the back of the ANACS slabs you can usually just pull the entire back off no problem
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