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ICCS - Coins Damaged From Improper Cleaning.

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Pillar of the Community

Canada
1442 Posts
 Posted 11/19/2011  7:11 pm Show Profile   Bookmark this topic Add canadian-varieties to your friends list Get a Link to this Message Number of Subscribers
I suspect these coins are damaged from improper dipping or cleaning. I've bought a few of these, labeled ok by ICCS, cut them out of their flips and examined them under the microscope.

You could tell they'd been cleaned but either improperly rinsed, or in parts, the coin metal didn't react well with the dipping solution. These are the white blotches in the fields.

Sadly..this is one of the areas where ICCS completely fails the collecting community...these coins would be body-bagged by PCGS, NGC and ICG, as they should be.

The damage spots in the fields look the same on all these coins...you also get this light brown haze on the edges, where the dipping solution didn't quite get all the toning..

http://www.ebay.com/itm/Canada-1858...em27bdb047ea

http://www.ebay.com/itm/Canada-1881...em27bdb04dd1

http://www.ebay.com/itm/Canada-1913...em27bdb22109
Edited by canadian-varieties
11/19/2011 7:13 pm
Valued Member
goldfinger's Avatar
United States
73 Posts
 Posted 11/19/2011  9:53 pm  Show Profile   Bookmark this reply Add goldfinger to your friends list Get a Link to this Reply
You suspect the certification is wrong? You probably shouldnt bid then. I cant see the problem?
Pillar of the Community
Canada
1984 Posts
 Posted 11/19/2011  10:35 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
I don't focus on silver much.....what would happen if this was redipped?
Pillar of the Community
Canada
1442 Posts
 Posted 11/20/2011  01:32 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
Dipping solutions have their limits. Once dipped, I dont see re-dipping being able to improve/change the previous outcome.

At this stage, you have to go harsher...eg. a sulfuric acid based compound like Tarn-X...
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wireman09's Avatar
Canada
972 Posts
 Posted 11/21/2011  05:57 am  Show Profile   Bookmark this reply Add wireman09 to your friends list Get a Link to this Reply
I recently bought a MS 1954 Silver Dollar that was ICCS graded. The coin was harshly cleaned as in polished. There was no acknowledgement of it being polished on the flip. If it was PCGS graded it would have said cleaned with unc. details. I wouldn't have even looked at the coin then.
I think ICCS may be reluctant to down grade coins of some dealers, for fear they may send their coins to other coin graders. It's business and they don't want to lose there customers.
Pillar of the Community
Canada
1442 Posts
 Posted 11/24/2011  01:15 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
Which makes ICCS extremely dangerous to new collectors, especially.
Valued Member
guppie1160's Avatar
Canada
307 Posts
 Posted 11/28/2011  3:07 pm  Show Profile   Bookmark this reply Add guppie1160 to your friends list Get a Link to this Reply

Quote:
I don't focus on silver much.....what would happen if this was redipped?


If you re dip and rince really well under running water then allow to dry it will remove all dip errors....
Valued Member
54dollarcoin's Avatar
Canada
475 Posts
 Posted 11/29/2011  12:07 am  Show Profile   Bookmark this reply Add 54dollarcoin to your friends list Get a Link to this Reply
way too freaky over ICCS , Danloss . I have been at this well over 40 years and can tell you that PCGS and the US graders have their own problems. ICCS has and continues to be of service to the Canadian collector. Many of us as dealers have supported Brian from the beginning and indeed have made good money off of their service. As to PCGS and NGC a lot of the Canadian stuff they have graded over the years is just plain laughable.! Bottom line is if you do not like ICCS and their grading philosophy or packaging just do not use them! You have that right.
Pillar of the Community
Canada
1442 Posts
 Posted 11/29/2011  10:37 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
I know a lot of you guys have made a lot of money peddling cleaned and retoned, heck even poorly cleaned and damaged coins, certified as ok by ICCS, to unsuspecting new collectors.
I have a nice collection of these myself, from "highly respected" Canadian dealers :)...although I have to admit, I'm quite certain you guys peddle this stuff only online, or during TCNC auctions, so you dont have to look the buyer in the eye as you are conning them (speaking in general terms of course).

And then you wonder why the Canadian coin market is in the bad shape it's in.

"ICCS has and continues to be of service to the Canadian collector".
You should rephrase that as "continues to be of service to the criminally corrupt Canadian dealer"
It sure does nothing for the collector. Inconsistent grading, certifies damaged coins as ok, poor quality holders, poor service, no website, unreachable by phone, the list goes on...

You're right, it will be a cold day in.... before I send a coin to ICCS. I've already sent hundreds to CCCS, PCGS and even ICG.

I just bought a 1892 50 cent PCGS AU50 beauty on ebay for $1400. I would NEVER buy an equivalent ICCS coin for that much - the odds that it would be damaged would simply be too high. The risks of buying an ICCS coin without seeing it in hand are extremely high. And I've paid good $$$ to find out.

When I first entered the Canadian coin market 6 months ago, I bought some $1500-$2000 ICCS coins from some well known Canadian dealers.
1 out of 3 came body bagged by PCGS. Cleaned, PVC, environmental damage, you name it, ICCS didn't call it. Neither did the dealers.
Coins looked great, until I took some chemicals to them and quickly realized what had been done...I must say, a lot of effort had been put into hiding the damage in some cases. Nevertheless, in hand, you could tell. And living in the middle of nowhere, I simply dont have the luxury of seeing every coin "in hand" before I buy it. So you guys have a good laugh selling your damaged ICCS warez to guys like me. Brian's great! Look at the garbage I'm able to sell!

Good for you. Enjoy your karma. ICCS will get theirs.

I'd like to hear about the "PCGS and US graders have their own problems". Maybe they overgrade by 5, even 10 points.
But they sure as heck wont sell you a damaged coin labeled as "A OK".
Edited by canadian-varieties
11/29/2011 10:49 am
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glenzy1's Avatar
Canada
1554 Posts
 Posted 11/29/2011  11:08 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Danlos, if you are sooo anti- I.C.C.S., then why did you recently purchase an I.C.C.S. coin on E-bay for nearly $300.00? ebay auction :(# 320791001977)

Glenn
Pillar of the Community
Canada
1442 Posts
 Posted 11/29/2011  11:18 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
I bought it to free it from its ICCS shackles :)...its on its way to Louis at CCCS for a nice HARD SLAB ;)

You see Glenn...there is some good that has come out of all this...

You should see my collection of "cut out" ICCS flips ;)

I suspect many have done the same. Funny thing about the ICCS population report. I bet you 90% of the high end coins in that report "no longer reside" in ICCS flips


Edited by canadian-varieties
11/29/2011 11:24 am
Pillar of the Community
Canada
1442 Posts
 Posted 11/29/2011  11:38 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
I should also put a disclaimer...that my terrible experience with ICCS is limited to Victorian and Edward era coins...

perhaps Brian of ICCS thinks: "Man, this coin survived 150 years...who cares if it's been scrubbed with a brillo pad?"...

The survival rate of these coins is very low to begin with, so perhaps harsh cleaning, tooling, scratches, PVC damage, environmental damage

are deemed OK...heck, you should be happy this coin escaped the melt! "Here, let me grade it for you, we'll just ignore the rest."

If those are the ICCS standards, then I understand ...


Edited by canadian-varieties
11/29/2011 11:39 am
Valued Member
fredor's Avatar
Canada
142 Posts
 Posted 11/29/2011  10:14 pm  Show Profile   Bookmark this reply Add fredor to your friends list Get a Link to this Reply
I'm sorry Danlos, but 5 or 10 points is an immense understatement.
People should look at these coins and feel embarrassment for PCGS. This is shameful to the point of wondering if all these coins are made in china and placed in fake holders.
http://www.ebay.com/itm/C-USA-1896-..._2187wt_1163
http://www.ebay.com/itm/C-USA-1885-..._2191wt_1163
http://www.ebay.com/itm/Rare-1873-N...t_500wt_1156
http://www.ebay.com/itm/1874-NEWFOU...t_535wt_1396
http://www.ebay.com/itm/Newfoundlan...t_500wt_1180
http://www.ebay.com/itm/Newfoundlan..._1177wt_1396
http://www.ebay.com/itm/Newfoundlan..._1645wt_1396

I agree that ICCS is terrible, unless you have extremely good pictures on ebay it's like gambling. Sometimes you get an immense payoff but often you will get burned. PCGS is just not an option for me. I would never buy any coin without seeing clear concise pictures graded or ungraded. That's how little faith I have in grading companies. In fact I stay away from grading companies unless I need to sell in which I regrettably must put up with ICCS to get the best dollar for my coins. I can't wait until that changes though.

Grading companies I find are run by people who live in the past.
There are so many simple ways to fix things it just boggles my mind that grading companies don't get with the 21st century. An example:

Every coin that comes in MUST under all circumstances be photographed and put online with the corresponding item codes.
Every single holder should have a QR code on it. You scan the QR code with your smart phone and it launches the grading companies website with the corresponding pictures to match the coin. If it doesn't match, congrats you are looking at a fake coin. This is not an idea that takes a lot of work. This is simple.

All in all people shouldn't be too hard on danlos, if you look at his selling history he has A LOT of CCCS coins up for sale. Which is great to support them. I hate PCGS but it doesn't stop me from buying a coin from them. Although it does suck when stupid people are bidding based on the grade PCGS assigns when it is clearly not close to that grade. I would definitely bid on your newfie coins danlos if you did auction style bidding!
Pillar of the Community
Learn More...
Canada
9868 Posts
 Posted 11/29/2011  11:09 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
That's an eye opener,every one those coins is overgraded,and by 5-15 points,I thought they were supposed to be getting better at this.
Pillar of the Community
Canada
1442 Posts
 Posted 11/29/2011  11:29 pm  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
I agree fedor...Newfoundland coins give ICCS and PCGS a tremendous amount of trouble.

What's worse? A VF30 harshly cleaned ICCS coin that's been re-toned, or a PCGS EF40 that's really a VF30?

Collecting NFLDs...you have to be careful with ICCS or PCGS...to be honest..I dont think there is a good TPG for NFLDs

I started collecting them...then stopped immediately, when I realized, I could not rely on buying them online safely...
Edited by canadian-varieties
11/29/2011 11:34 pm
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Colhand1's Avatar
United States
629 Posts
 Posted 11/30/2011  11:50 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
When you do cut them out of the holder, do you let ICCS (or other TPG's) know so they can take it out of their population reports? It would only seem fair to the hobby to do this.
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