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 Replies: 2,778 / Views: 301,143 |
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Valued Member
Canada
127 Posts |
American third party graders are likely more experienced grading gold coins than ICCS. We don't have a large catalogue of gold coins in Canada compared to the US. BTW - 90% gold/10% copper is really soft. I have old gold coins from the US and Venezuela and they are baggy despite being uncirculated. I too was surprised at how baggy the hoard coins were. I wonder how the 200,000+ melt coins looked by comparison.
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Valued Member
Canada
147 Posts |
I'm not sure if the term liberal is appropriate. Fact is,and as pfrien mentioned, gold is very soft. I'm not sure it's fair to assess softer metals on the same criteria as the harder.
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Pillar of the Community
Canada
1505 Posts |
I would think that the standard should be as objective as possible, regardless of metal. This might mean that all coins are MS60-62 because of bag marks, which is ok in my opinion, value should be based on scarcity of higher grades, not the grade assigned to the coin. The most important thing is that they remain consistent.
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Valued Member
Canada
430 Posts |
Although I do agree with that these gold coins are softer and should be graded differently than a nickel composition coin (per se), there has to be a more consistent standard amongst all grading companies. As we can see from these posts, some fellow members here all have different grading standards, some say AU condition when it's UNC, some may say it's MS63 and others day MS60.
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Pillar of the Community
Canada
867 Posts |
Yeah, I have yet to see some graded ICCS examples, but if you are a SELLER or DEALER, you want PCGS or NGC to grade your coins....if you are a BUYER, you want an ICCS graded coin.
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Pillar of the Community
Canada
1502 Posts |
^^ that's what makes coin collecting exciting. I say don't grade at all and just use your eyes
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Valued Member
Canada
147 Posts |
Not a coin expert but to me these coins look superb.Not sure why there's lots of hating on them as if its some scam by the RCM. I'm yet to see a coin that grades below MS60. |
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Valued Member
Canada
165 Posts |
 absolutely. I will never get my gold $5 1914 HS graded. I am truly happy with what I received. I graded it myself from the beginning with the help of CCF members and figured it was MS 62. Don't need a third party. Thanks! |
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Pillar of the Community
Canada
2428 Posts |
I am on the fence so to speak.
Thoughts are going through my mind!
Should I grade my 1912-1914 Premium Hand Selects or should I leave them in their original wooden box?
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Valued Member
Canada
147 Posts |
@darryldarryl,
I would leave them in their original wooden box. To me,these coins are too beautiful in their original presentation, especially since you got the PHS. The seals and the wooden box gives them a certain prestige which I honestly would buy in a heartbeat rather than a graded coin in a transparent coffin!
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Pillar of the Community
Canada
5326 Posts |
its pretty simple for members who has these coins in hand, take them to a trustworthy dealer or fellow collector or club get a opinion on grade, if they are below ms 64 no need to grade leave as is. You now have the benefit of the pcgs and ngc pop report, the pgcs video where Sandy Cambell tells you the 1914 10.00 has lots of 65 and 66. The two pop reports tells you 4000 coins grading to ms 64 so far if your coin is not ms 65 no need to grade it.
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Pillar of the Community
Canada
1571 Posts |
I've never understood the purpose of grading. Why do I need someone else to tell me the condition of a coin that I can look at myself? I buy coins I like and have enough common sense to realize the price will be greater if the coin is in fantastic condition vs. crap condition. There have been times I've turned away from deals because the seller wanted way more than the coin was worth based on a coin dealers "grading".
Beauty is in the eye of the beholder
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Valued Member
Canada
430 Posts |
I do not see the point having a beautiful coin taken out of a capsule, and stuck in a coffin slab. The presentation issued by the Mint is quite nice, and would be a waste once they are slabbed.
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Pillar of the Community
Canada
5326 Posts |
grading older circulating coins prevents the mess the RCM has created with these coins, collectors do not know exactly what they are getting. You have the RCM semi grading with hand select, premium and so call best of the best with no return policy. If they followed Sandy Cambells advice and had a TPG graded these 30000 units everyone would know what they are buying. Can you imagine if you bought one of the best of the best sets and it only grades ms63. |
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Pillar of the Community
Canada
867 Posts |
I've never understood the purpose of grading. Why do I need someone else to tell me the condition of a coin that I can look at myself?if you are buying by mail or from ebay, I would prefer a graded coin over someone's raw coin estimate.....of course, it's a moot point if you can see them in person...."buy the coin, not the holder'
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Replies: 2,778 / Views: 301,143 |
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Posted 03/12/2013 10:09 am
