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ICCS - Coins Damaged From Improper Cleaning.

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 Posted 12/01/2011  02:52 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I have been refraining from commenting, because there are several key issues here lumped into a single thread. Unless you only collect mint state gems, one has to accept that every coin is damaged in one form or another. Erosion of a coin's devices and lustre is damage - where do you draw the line between what is acceptable, and what is not? If you are lucky enough to find an 1859 brass cent, or a 1969 large date 10-cent, would you care if there was a scratch on it? Or if the coin had been lightly cleaned? Would you want that coin in a TPG for any number reasons?

Remember, at the end of it all, you merely have another's opinion. Just because you pay for that opinion, does not always mean it is right. What really counts, when it comes to our coins, is our own net opinion.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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 Posted 12/01/2011  11:08 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
All very true...

if ICCS stuck to "technical grading" or "details grading" ONLY, and was recognized as a partial grading service only...that'd be fine...they do a decent job of that.

But ICCS does put "cleaned", "harshly cleaned", "polished", "scratched"..etc..on their flips. So its not "technical grading only".
And in assessing coin damage, ICCS is the worst TPG in North America. Or put in another way, it has the loosest standards of any TPG, including less respected ones like ICG, ANACS.
This is the point I'm making.

Tell me SPP...what's worse, getting a coin labeled EF40 that's really VF30? Or getting a coin labeled VF30 that's actually a harshly cleaned damaged VF30?
What reduces the value of a coin more? Many collectors consider such damaged coins - valueless. You may not run across this in the MS64-MS65 world...

If ICCS regularly passes coins that are considered damaged by ALL US TPGs (PCGS, NGC, ANACS, ICG)...how can it possibly be called "the standard of Canadian coin grading", "the most respected coin grading service in Canada", etc...

I find a lot of resistance from collectors and I think it's due to fear. The fear that their collections may be filled with damaged coins they're unaware of.

I was shocked just how many ICCS coins came back body-bagged from PCGS...and some coins I really wouldn't have suspected...lesson learned



Edited by canadian-varieties
12/01/2011 11:09 am
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 Posted 12/01/2011  11:15 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
Tell me SPP...what's worse, getting a coin labeled EF40 that's really VF30? Or getting a coin labeled VF30 that's actually a harshly cleaned damaged VF30?


I cannot answer that question, because I don't look at the label when I buy a coin. I trust my eyes and knowledge, and buy what appeals to me.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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littlemoney's Avatar
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 Posted 12/01/2011  12:44 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
never mind the number on the package, let your own eyes be the judge.
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