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Is ICG A Reputable And Recognized Coin Grading Service?

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 Posted 12/22/2020  04:31 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Also,I do not use PCGS price guides because I do not think they are realistic. I use eBay sold values,Heratige Auctions sold prices and http://www.numismedia.com/fmv/fmv.shtml.
John1
( I'm no pro, it's just my humble opinion )
Searched 5+ Million Cents Since 1971
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509 Posts
 Posted 12/22/2020  3:46 pm  Show Profile   Bookmark this reply Add JasonKflo to your friends list Get a Link to this Reply
It really depends on the coin if I can get a nice looking example for the cost of a Grade under PCGS or NGC. I may bite . I have a few really nice Morgan's that are graded correctly . I have a really nice 1886 O VAM 1a graded Au-58 it is probably AU-55 but I paid 53 money I have a 1882 O over S graded AU-58 that is really a details coin or heavily bag marked so should down grade at the minimum . It's VAM 5 on the label but really it's a VAM 3 Eds and I paid 43.00 for it so it's worth more than that even details. ANACS is the most consistent. PCGS and NGC cost to much to grade unless it's a rare coin then it's worth it since they command higher costs . I look for anacs coins when I can for my collection
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 Posted 12/22/2020  8:10 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
ICG has its usefulness. Like most TPGs, they do well with authentication. I've snagged several badly undergraded Buffs in ICG slabs. They do fairly well with AG-VF coins. They really struggle with sliders. They are great if you enjoy dumpster-diving for varieties and undergraded coins in dealer bulk junk boxes. JMHO.
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 Posted 12/24/2020  7:04 pm  Show Profile   Bookmark this reply Add uclabrat to your friends list Get a Link to this Reply
Here's another. I simply can't agree that these Morgans are MS. Maybe I'm just picky, but for me, no breast feathers = no MS. I guess I have a few things to learn about weak strikes with Morgans.



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 Posted 12/24/2020  7:14 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
Maybe I'm just picky, but for me, no breast feathers = no MS. I guess I have a few things to learn about weak strikes with Morgans.


Yeah, that has nothing to do with the grade in a lot of cases. Is it an indicator in some circumstances that it can indicate circulation? Yes. Is it gospel? No.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
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 Posted 12/24/2020  7:54 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Ucla , that 1883 O coin is definitely Mint State , a lock MS63 .
You will need to brush up on wear versus strike .
It is a real learning curve . You need to learn the characteristics
of certain coins , Morgan's being a great example .
You will never find an 1883O that is going to look like an 81S .
As to ICG coins , if you stick to the mantra of Buy the Coin
Not the Holder , you can win big time by searching and learning
how to grade to current standards .
Edited by Pacificoin
12/24/2020 7:57 pm
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 Posted 12/24/2020  8:53 pm  Show Profile   Bookmark this reply Add uclabrat to your friends list Get a Link to this Reply
Thanks to everyone for their input. It's already hard to judge grade from photos (for me at least), and this adds another layer of challenge. I always buy the coin, not the holder, as suggested, so I guess I'm at least doing something right!

Just bought an 1836 half dollar graded G06 by ICG that I'm convinced is actually somewhere around VG10 or F12, so I'll see whether I come out ahead on this one.
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 Posted 12/26/2020  1:32 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
I could live with the assigned grades on both of the ICG slabs.
As Pacific said, the strike varies greatly between mints. It's
hard to find a nicely struck O or P mint, easy to find an S or CC.
Most 21 Morgans have flat strikes.
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