Grading Companies - Impressions - Page 2

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canadian-varieties Pillar of the Community Canada 1442 Posts	Posted 12/28/2011 4:38 pm I dont know what's causing ICCS to drop their standards. The son took over? I'm sure the cause is "financial" in nature. Lots of experienced posters here have seen ICCS take a dive, but are happy to defend them at every turn. In fact, they viciously attack new collectors instead. Funny anecdote... a few months back I bought a Vicky 50c ICCS EF45 from a major Canadian auction house for $4500. What I got in the mail was a PCGS EF45. So I call up and say: "listen...this is not ICCS EF45. PCGS EF45 is like an ICCS VF30. I paid for ICCS EF45." The response? "Oh no, that USED to be true, not anymore. We can send the coin to Brian and have it probably graded ICCS EF45..." I took my refund... Caveat emptor indeed...between ICCS shoddy grading, and several unscrupulous major Canadian dealers...Canadian coin collecting is a VERY dangerous hobby for the new collector. Edited by canadian-varieties 12/28/2011 4:51 pm Report this Post to the Staff
SPP-Ottawa Moderator Canada 10458 Posts	Posted 12/28/2011 8:39 pm Quote: Canadian coin collecting is a VERY dangerous hobby for the new collector. Most new collectors don't have the kind expendable income to walk in the same footprints that you have, buying 4 figure coins sight unseen. The lessons you have learned (and I am glad you are sharing them), are valuable to others. I would think opposite is true for new collectors, it is a buyers market now, if you take the time to learn how to grade, and acquire knowledge from books, coin clubs and online forums, there has never been a better time to buy BU rolls, circulated rolls, and raw coins for almost melt value... "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 Oppenheimer Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US My eBay store Report this Post to the Staff
canadian-varieties Pillar of the Community Canada 1442 Posts	Posted 12/29/2011 12:31 am "there has never been a better time to buy BU rolls, circulated rolls, and raw coins for almost melt value..." definitely agree with that...I see the biggest opportunities now in silver coins in particular...especially now that silver is almost 50% off its peak...the ebay masses were chasing the silver bubble at $50+ / oz...the post-bubble rush downward is creating and will create incredible opportunities in rare silver coins... Report this Post to the Staff
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