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ICG Grading?

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vermontensium's Avatar
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 Posted 05/25/2013  6:46 pm Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this topic Add vermontensium to your friends list Get a Link to this Message Number of Subscribers
Thinking about sending a few IHC's to ICG.
Have never used them before . Holders look fairly secure, and I do like the style as a small side note.
The bigger question. How are there grading skills compared to the other "big 3"? So far what I've studied on ebay, teletrade, heritage, etc.,seems pretty consistent.
Thoughts?
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grancap74's Avatar
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 Posted 05/25/2013  6:57 pm  Show Profile   Bookmark this reply Add grancap74 to your friends list Get a Link to this Reply
I haven't sent any to ICG Vermontensium, but have bought several lately on auctions. I purposely bout an 1958 p Quarter slabbed by ICG as we have a NGC MS66 graded one. I bought it only to compare and it was a great price. The ICG coin came in and comparing to our NGC, it was identical as close as I could examine it. I too have thought about having them grade some of our coins. Slabs are a nice size and seem as secure to me as the other big 2.
PS, I placed it on our patio, since we're in Florida the humidity is high. Have not seen any indications on the case and no moisture inside either, it's been there 11 days now.
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vermontensium's Avatar
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 Posted 05/25/2013  7:00 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Thank you :-)

Yeah, the plastic seems very dense, similar to PCGS plastic.
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grancap74's Avatar
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 Posted 05/25/2013  7:05 pm  Show Profile   Bookmark this reply Add grancap74 to your friends list Get a Link to this Reply
If you send into them, I would REALLY like to know how it goes, process, time involed, etc..
We have some coins and I've never sent in to any TPG. I just don't know what the difference would be in the event of coin value later on, with the difference in TPG companies on the open market?
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vermontensium's Avatar
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 Posted 05/25/2013  7:23 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I've sent to all others, including PCI when they were still around.
It really depends on the FMV of your coins. If they are fairly significant coins, I would without second thought go with PCGS for maximum return, especially if going through one of the major auction houses.
I usually don't send any coins in for certification unless they have at least a $150 FMV... just not cost/value ratio otherwise.
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basebal21's Avatar
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 Posted 05/25/2013  7:40 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
The few older ones I've seen havent been anything that jumped out at me as not even close. I will say their modern grading leaves something to be desired though. I think 70s are the standard for moderns for them instead of the exception
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grancap74's Avatar
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 Posted 05/25/2013  8:03 pm  Show Profile   Bookmark this reply Add grancap74 to your friends list Get a Link to this Reply
Thank you on that $150 amount. I was trying to figure what the price point was for justifying the TPG costs.
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vermontensium's Avatar
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 Posted 05/25/2013  8:05 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Your welcome.
Someone elses might be different..that's just mine.
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basebal21's Avatar
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 Posted 05/25/2013  8:09 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Id add to the price point that anytime youll get back more with the increased sale price then it costs to have it graded its worth it
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vermontensium's Avatar
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 Posted 05/25/2013  8:22 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
^ That too :)
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denco7's Avatar
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 Posted 05/25/2013  9:15 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
I haven't sent any in , but I have bought quite a few. I have examined them closely and compared them to NGC and PCGS and have found little difference in grading. The holders are a nice size for storage and very secure. I have cracked more than a few to put into albums and they don't crack easily.

The only difference is, unfortunately, in resale. I have offered a few in trade or resale to my LCS and they always will only give me raw value. It could just be them, but they keep telling me, "we are only going to crack them out anyway."

That also holds true in many online auctions I follow. I love getting ICG coins for my albums, you get superior coins, to crack out, for little more than raw prices.

Every bit as good ANACS and probably as good as NGC. At least the coins I have.
Edited by denco7
05/25/2013 9:16 pm
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vermontensium's Avatar
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 Posted 05/25/2013  9:24 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Cool!

I just went to their site. $12 economy under $500 value! Nice :)
You can submit directly I assume.
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grancap74's Avatar
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 Posted 05/25/2013  9:29 pm  Show Profile   Bookmark this reply Add grancap74 to your friends list Get a Link to this Reply
Denco, can you tell me how you cracked them out. I'm just afraid of damaging the coin.
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denco7's Avatar
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 Posted 05/25/2013  10:33 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
I always use sheet metal shears, cuts the plastic like butter.
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 Posted 05/28/2013  07:35 am  Show Profile   Bookmark this reply Add dom to your friends list Get a Link to this Reply
Hello everyone,
I also live in florids. When ICG moved to florida from colorado, I took advantage of it. Their show pricing is $9/ coin for economy which is 3 weeks and I usually get them right on time. I understand what people say about re-selling and the holder but I dont have any intention of selling-at least just yet.
I find that that they are very consrvative with classic coins. I have uploaded photos of many of my coins here in the past from ICG especially my Peace dollars. It appeared most people here thought they were a bit strict. Also Randy Campbell is also an authority on Peace dollars, and the other big grader there, Skip Fazzari used to grade for the BIG 2.
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1916 D Merc's Avatar
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 Posted 07/13/2013  01:07 am  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
I agree with ICG's grading being spot on. At the summer FUN show, I submitted a 1913-S type 2 Buffalo. Both I and my local dealer thought it was in the VG to low fine range, got it back the NEXT day at the show. Exactly as we thought, got it back as an F-12.(Only $35 to submit one coin and get it back the next day, now that's awesome!)
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