Opinion Question, ICG Slabbing. Worth It?

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,320
odentheviking Valued Member United States 425 Posts	Posted 09/09/2012 11:54 pm I see that ICG is offering up to 20 US coins graded/slabbed for $10 each. I know that some here do not think much of ICG's grading, but is the $10 worth the slabbing, protection, proof of authentic, if you really don't care about the grade. I am talking about a couple SAE Proofs and the like, maybe a damaged late 1800's Gold half eagle, things I have no real reason to sell and will hold on too for some time. Thanks for your opinions. Report this Post to the Staff

basebal21 Bedrock of the Community 13014 Posts	Posted 09/10/2012 12:00 am Im a little torn on a yes or no. It is a good way to authenticate and protect the coins, but if you did have to sell the premium for it is so low its not really worth it. I know you have no plans to sell but I'm a believer of always leaving the option open just in case, so if I were to slab it I would do it with the company I would want to sell it with. Im not that familiar with the prices of the coins you listed, for the late 1800s gold Id probably say no but I dont think SAEs bring big prices anyway so for them it wouldnt really matter. No reason to pay more for the grading if in the end it wouldnt make you any money or would cost you money. Just my opinion though, in the end all that really matters is what you want to do and how you want your coins. Report this Post to the Staff
macmercury Pillar of the Community United States 5825 Posts	Posted 09/10/2012 01:08 am Buy the coin not the slab the old saying goes, unfortunately; this age of Numismedia has gotten over the track, as more speculators prefer one company over another, and some collects the slabs itself. Do what you like, there's no difference if you are collecting coins, but if you're going to sell in the future, you will want to stick to the game. Report this Post to the Staff
carmykle Pillar of the Community United States 2448 Posts	Posted 09/10/2012 06:15 am I believe that ICG is now recognized by ebay as a reputable grader. However, I don't believe it has the reputation of PCGS or NGC. Report this Post to the Staff
Senex Valued Member 291 Posts	Posted 09/10/2012 07:44 am You get what you pay for. ICG's reputation is in tatters and coins in their holders sell for almost the same as raw. It your money and your coins, so do what you want but I wouldn't use ICG personally. Report this Post to the Staff
odentheviking Valued Member United States 425 Posts	Posted 09/10/2012 09:01 am Many thanks Gentlemen for your opinions. It seems that what some see as negative.......... I am seeing as a plus, and that is why I asked for your sense of it all. I know it all could change, but right now I am looking more at buying/collecting and not selling/stacking. I have a few SAE's and other bullion and these are not what I would send off to ICG for slabbing. I did pick up a few SAE Proofs and thought that these could be fun to start collecting. But the loose ones I see are running about the same price as those that are ICG slabbed and graded. I will say that slabbing the Gold half eagle is not smart so thank you for that. I will wait a day or so to hear what more have to say, but I really do appreciate CCF and all the coin folks here. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 09/10/2012 10:57 am Not familiar with them at all but at all the coin shows, it appears that everyone in Earth is a PCGS o NGC person. Yes there are possibly a hundred other graders but a coin in a PCGS or NGC slab is a much better seller. I myself do not have any slabbed coins and when I buy one, out comes the coins anyway. Report this Post to the Staff
	Replies: 6 / Views: 1,320

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Main Coin Forum

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.41 seconds to rattle this change.