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Thoughts On ICG Grading Service. Reliable Or Not?

 
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 Posted 02/19/2018  3:41 pm Show Profile   Bookmark this topic Add jlynes to your friends list Get a Link to this Message
Are ICG graded coins reliable grades?
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 Posted 02/19/2018  3:46 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
To my eye, the IGC graded coins I own are every bit as nice as the PCGS and NGC examples of the same coins I own.
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 Posted 02/19/2018  3:46 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
The grades ICG gives are not consistent. ICG does not nearly have the reputation of PCGS, NGC, and ANACS. When purchasing an ICG graded coin, make sure to follow the rule: buy the coin, not the holder (which should apply to any TPG). ICG commonly overgrades coins, so don't just go by the grade on the slab.
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 Posted 02/19/2018  4:16 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I rank ICG above ANACS. PCGS and NGC are the cream of the crop obviously with good reason, but then I rank ICG and then ANACS.

In terms the TPGs with PCGS/NGC excluded from the conversation ICGs grading is fine and has been more consistent than others
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Edited by basebal21
02/19/2018 5:03 pm
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 Posted 02/19/2018  10:03 pm  Show Profile   Check edweather's eBay Listings Bookmark this reply Add edweather to your friends list Get a Link to this Reply
For run of the mill coins, they are fine. But when you get up into the high grades or top pops, they are not good.
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 Posted 02/22/2018  10:30 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Doesn't matter if they're reliable or not. People still won't pay PCGS or NGC prices for them.
Gary Schmidt
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 Posted 02/25/2018  10:30 pm  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply

Quote:
Are ICG graded coins reliable grades?

They're better than the average collector, IMO, but tend to overgrade compared to the major TPGs.
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 Posted 03/01/2018  7:03 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I have a few coins graded by them. I think they do a fair job in most classic coins in the F-XF range.
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 Posted 03/02/2018  08:03 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
To bring this back to ICG...

Who are they? This came up recently ATS when an old news article popped up on a readers feed and he posted it as new news. I won't repeat that, but it does beg the question... After all, all a TPG is really selling is their reputation.
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 Posted 03/02/2018  08:35 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
The standard comment: Buy the coin, not the slab.
In other words "sight seen".
IMO SEGS and PCI also fit in that group.
Describe it as if there were no picture.
Picture it as if there were no description.
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 Posted 03/04/2018  10:08 pm  Show Profile   Bookmark this reply Add two_tonevf35 to your friends list Get a Link to this Reply
I like their holder; it presents well. But I have found their grading is not as consistent as PCGS.
Much more affordable, fast turnaround, and gives some protection and decent display of a coin/medal/token that you're not so worried about $ aspect.
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 Posted 03/04/2018  10:30 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
They are the only ones who will slab contemporary counterfeits in their bright yellow "Educational" label slab.
-----Burton
45 year / Life ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC
Owned by four cats and a wife of 35 years (joined 1983)
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 Posted 03/04/2018  10:50 pm  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
Not at all. I heard a saying that said: ICG stands for I Can't Grade.
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 Posted 03/04/2018  11:25 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Not at all. I heard a saying that said: ICG stands for I Can't Grade.


You can make those up for all of them. It's one thing is someone says they just want PCGS/NGC only or one or the other, but if someone is fine with ANACS they should be fine with ICG too.
Fire A.J. Preller

Go Navy Beat Army
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 Posted 03/04/2018  11:53 pm  Show Profile   Bookmark this reply Add MikeF to your friends list Get a Link to this Reply
I don't even consider ICG coins. I see the label and move on. Same way I feel about ANACS blue holdered coins.
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 Posted 03/05/2018  12:11 am  Show Profile   Bookmark this reply Add Coconutjoe to your friends list Get a Link to this Reply
I think they are just fine for for coins under $300 (my guideline) and if you are not in a coin business.

Their grade might fluctuate a bit but I own several slabbed coins by ICG & PCI and they seem about right. Especially Morgans & Peace dollars by PCI that I had for many years.

If I had a choice between a raw coin and one of these 2nd tier TPGs slabbed coin, I would definitely take the slabbed one, provided that the prices are similar. (In many cases, they are)
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Edited by Coconutjoe
03/05/2018 12:11 am
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