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 Replies: 24 / Views: 3,177 |
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Pillar of the Community
Canada
1177 Posts |
I'm 100% clear that PCGS is not as reputable for their grading as ICCS is.
i have a 1935 MS-64 dollar graded by PCGS. I purchased it for 70$ a few months ago, I'm wondering if it's worth it to crack it open and send it to ICCS.
even if it does grade at ms-63 by ICCS I still would have purchased it for under trend.
-J
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Valued Member
Canada
389 Posts |
Well PCGS is pretty good with all coins, PCGS has hard cases which I prefer 100 times over a soft flip
I could see if you had a ANACS graded coin then yes crack it and send it , but because its PCGS I would say not worth the effort
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Pillar of the Community
United States
2543 Posts |
Rightly or wrongly . better grading or not, the prevailing winds seem to be blowing in PCGS' direction.
It has been my recent experience that coins in PCGS holders tend to sell a bit faster and for more than any of the other TPGs.
I would leave it in the holder.
It has also been my experience that what was slabbed at MS64 many years later, may not still be an MS64. I would be concerned that it might not get a better grade, but a lower grade.
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Pillar of the Community
United States
3184 Posts |
PCGS and NGC are the two best grading services in the world. ICCS is only known for canadian coins. Up to you
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Pillar of the Community
Canada
2495 Posts |
from denco7....."It has been my recent experience that coins in PCGS holders tend to sell a bit faster and for more than any of the other TPGs."
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Totally right for US collectors of US and Canadian coins.
Dead wrong for Canadian collectors of Canadian coins.
Edited by doubleeagle59
11/30/2012 5:00 pm
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Moderator
 Canada
10464 Posts |
ICCS holders are not designed for holding the larger coins. The first time the flip is dropped, the inner mylar insert cracks or breaks. For silver dollars, why not leave them in the PCGS hard holder? Secondly: Quote:
I'm 100% clear that PCGS is not as reputable for their grading as ICCS is. That is a pretty bold statement. I have certified thousands of coins over the years, with both ICCS and PCGS - I completely disagree with your statement. What proof do you have? "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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
 Canada
1177 Posts |
SPP that is a great factor for me, about they mylar flips! I love the coin, and I'm not looking for re-sale. anyways SPP, I say that because every time I try to sell a PCGS slab, I get "i try to stay away from PCGS because it's harder to sell"
a thread a few months back a lot of people stated that PCGS was not as reputable for their canadian grading, now I don't know if this is true, but the point of this thread is whether or not I should keep it in PCGS or ICCS
not trying to put PCGS down, but I've heard that it is alot harder to sell due to their lack of grading canadian coins correctly.
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Moderator
Canada
10464 Posts |
It is not as simple as that. There are truths to both statements, but there are cross-over points, both with time and grades of coins. If I had to boil it down to a few summary statements, this is what my opinion is:
- older ICCS certified coin, with the embossed certificates, are probably more conservatively and accurately graded than ICCS coins of the past 5 years.
- older PCGS slabs, with yellow, green or even the 'rattlers' are likely less accurately graded than PCGS coins of the past 4 years.
- ICCS is still pretty tough on circulated grades, and certainly with nickel George V 5-cents, are still pretty good.
- PCGS is still the strictest, and most consistent, of mint state grades.
- ICCS grades problem coins, and does not always comment on a problem coin (a whole can of worms with novice collectors)
- PCGS is pretty darn good at detecting and 'body-bagging' problem coins
- ICCS is probably the most consistent with colonial tokens and NFLD coins
- PCGS is better with dealing with mint state 1-cent coins. Lustrous brown coins are not automatically dropped to MS-63 with PCGS - which is annoying as heck with ICCS.
So, if you have an older ICCS coin, chances are it would be better than a older PCGS coin. Vice versa for the past few years.
Lastly, there will always be outliers with both grading companies. You are paying for an opinion and authenticity. Too err is human. I have seen examples of counterfeit coins in both holders and I have seen badly graded coins in both holders. My advice is to learn to grade yourself, and buy the coin - not the slab. A nice coin, will always be a nice coin... eye appeal is what drives prices up in the mint state market.
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
Edited by SPP-Ottawa
11/30/2012 6:35 pm
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Pillar of the Community
Canada
1177 Posts |
i have the old PCGS slab! thanks for the words SPP
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Pillar of the Community
Canada
2495 Posts |
To SPP...7 of your 8 points I'm in total agreement with you.
This one however I'm in disagreement..." PCGS is still the strictest, and most consistent, of mint state grades."
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Moderator
Canada
10464 Posts |
Well I do have a bias. With mint state grades, to me, mean MS-65, MS-66, MS-67 and MS-68 graded coins. I don't have coins in lower mint state grades in PCGS holders...
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
2301 Posts |
Why bother with a coin of limited value?
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Pillar of the Community
Canada
1177 Posts |
i would bother because the coin has monster toning and the PCGS slab was scratcheed from previous owner and I think the coin would hold a lot more "aw" if it was displayed better
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Moderator
Canada
10464 Posts |
Why not just put it in a airtight capsule then? Or in a CCCS hard holder? ICCS soft flips are not great for frequent viewing of coins, the flips and inner mylar slip mar easily.
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1192 Posts |
Personally, I don't mind ICCS holders too much for anything that's smaller than a silver (or nickel) dollar. PCGS holders are definitely superior, but it's a much higher cost per coin if you're located in Canada.
Why not send it to ICCS still in the PCGS holder for a cross grade? PCGS+ICCS cert and CCCS(hard slab)+ICCS cert coins are showing up more often in the marketplace these days. More expensive to get it graded twice, but it can be well worth it to get the best of both worlds.
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Pillar of the Community
United States
7840 Posts |
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Replies: 24 / Views: 3,177 |
Posted 11/30/2012 4:27 pm
