My High School friend Keith Love, started ICG, he left the company for short period, for personal health reasons, but maintained the CEO position, he returned to operations and eventually sold it to James Taylor, who sold it to Mark Jaffe of National Gold Exchange (bankrupt) now Phoenix Gold Corp., a Tampa, Florida company.
The ex-President of ICG & ANACS, James Taylor, went from ANACS to ICG back to ANACS then left the
TPG business. (That's probably the confusion over the move from ANACS to ICG and back to ANACS, the employees also shuffled between the companies, and ANACS moved from Colorado to Austin, TX then back to Colorado, making the confusion even greater, ANACS had several owners as well, one being AMOS Press. (Trying to keep up with all of this even using Google can be pretty difficult) ICG and ANCS were located very close to each other as well in Englewood, Colorado.
ICG was started because, there was a time in the
TPG's infancy, where some dealers were perceived to be getting better grades on their submissions from PCGS and NGC due to who they were and how much they spent on grading coins. (I believed this to be true as well), ICG (
Independent Coin Grading) had their submissions sent directly to a third party CPA that anonymize every submission before the graders at ICG ever saw a coin to grade, hence the independent. The CPA was located next door and would receive the coins being submitted, remove any indicator of ownership and place the coins in holders with barcode labels only for the graders to then examine, graded and encapsulated if a grade and authenticity was good, the coins then went back to the CPA for return shipping to the submitter. This was done to even out the grading field at the time and prove that unless the coin was a known rarity (ie: 1804 dollar, there was no favoritism towards any submitter.
http://www.bizjournals.com/tampabay...tml?page=allA quick story on the Jaffe's whom owned National Gold Exchange, now Phoenix Gold, the
TPG mentioned in the article is ICG.
http://www.thephoenixgoldcorp.com/Looks like ICG has finally put up some info about the re-born company listing Mark Jaffe as the President.
http://wwwicgcoin.com/Disclaimer:
For the record I have nothing to do with any of the companies above, other than I submit coins to ANACS. I am no longer in contact with my friend Keith Love from High School that started ICG, and haven't spoken to him in over 10 years. This is what I know to the best of my knowledge, I never worked for any of the companies above at any time, nor was an agent for any of them, I am just relaying information I learned from friends I have in the coin business over the years.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.
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http://goccf.com/t/140440