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 Replies: 43 / Views: 5,739 |
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Pillar of the Community
1844 Posts |
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Pillar of the Community
Canada
1192 Posts |
Pretty sick spiel at the start of the text about how amazing TPG companies are.. |
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Pillar of the Community
 1844 Posts |
so whats your take on a cross grade ? VG 10 ? maybe F 12
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Pillar of the Community
Canada
686 Posts |
I'd give it a F-15.
Love the write up on TPGs as well, and how TPGs came along to stop people from selling overgraded coins.
Fortunately for the seller, there's many people out there who buy holders, not coins.
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Pillar of the Community
Canada
2495 Posts |
Bottom Line..... Use ICCS for Canadian coins and use PCGS for US coins. The only time I wouldn't use this rule is if you're selling Canadian coins to an American. The US coin collector would most likel;y prefer all his/her coins graded by PCGS, mainly for the Registry Sets. |
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Pillar of the Community
 Canada
9865 Posts |
F15
His rant surprises me,he knows how to grade Canadian coins,I guess he has to justify selling overgraded stuff somehow.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
11/11/2012 12:37 am
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Pillar of the Community
Canada
686 Posts |
I just stumabled across another of his listings. Most of his Canadian coins appear to be overgraded by PCGS, thoughts?
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Valued Member
Canada
156 Posts |
I once saw a 1936 dot quarter graded by ICG as AU-50. It was more like a VF-20 at best.
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Pillar of the Community
Canada
1554 Posts |
 P.C.G.S. is the "finest" Third Party Grading service on the planet for grading U.S. coinage, however, for Canadian coins, they simply seem to overgrade them!! This coin would cross no higher than a F-15 by I.C.C.S.- I.M.H.O. Glenn  Edited by glenzy1
11/11/2012 07:48 am
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Valued Member
Canada
386 Posts |
I have several coins graded by ICCS and I find they are definitely are rated on the conservative side.
While I can follow a coin's grading from G4 to MS60, I don't have a clue how to grade them between MS60 and beyond. This is where the value of a coin goes up exponentially between grade levels. A coin's value can double or triple in value just between MS60 and MS63. For MS60 and above rated Canadian coins, I would not buy anything, but an ICCS rated coin.
Edited by 1945V
11/11/2012 08:30 am
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Moderator
 Canada
10460 Posts |
I concur when it comes to circulated coins. But, for grades MS-64 and better, PCGS is far more strict and consistent. That is where the problem coins (cleaned, treated, etc.) are weeded out. Most of the grading errors ICCS makes is on mint state coins - especially brown 1-cent coins.
"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 OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
Canada
103 Posts |
I agree with SPP. My experience with ICCS, is that there is a steep drop-off in the circulated grades, whereas in the US market there is a more gradual progression from AU down to poor. So, there is a difference between the US market and the Canadian market in terms of the circulated grades. Once you get to the UNC grades, then PCGS really shines. They are more consistent, and better able to spot counterfeits, and altered surfaces than is ICCS. As an aside, I saw a coin for sale yesterday at the Edmonton show that was in a PCGS Genuine holder (ie no grade assigned because it's a problem coin), which was cross-graded by ICCS with a grade assigned, and no comments. In other words, ICCS would have graded the coin with no comments assigned, and PCGS would not.
In response to 1945V, there is a very logical grading of coins above MS 60. That is the area that I collect.
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Valued Member
Canada
220 Posts |
This thread is a good example of how differently Canadian coins are looked at by collectors of Canadian coinage vs collectors of US coinage. Now I'm a Canadian who collects and specializes in US coinage, so my take is that yes this coin is overgraded by PCGS, but I'm left scratching my head that the opinions of Canadian collectors seem to be a grade of F at best... Now as someone who has spent years grading US coins, my opinion would be a grade in the VF range no problem, VF-30 if I had to assign a number... |
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Pillar of the Community
Canada
1177 Posts |
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Pillar of the Community
Canada
2495 Posts |
In my opinion and after 25 years of seeing TPG graded coins, these are the facts...... 1. Don't even try to figure out the US TPG's gradings on circulated Canadian coins. They are 95% of the time greatly overgraded. 2. PCGS is better than ICCS in only two instances...in grading 'RED' for copper and for distinguishing problem coins. 3. For the ultimate prize for the Canadian collector...the ' MS65 grade ' I will still ALWAYS take an ICCS coin over a PCGS graded ms65 coin. True, PCGS has improved their grading (stricter) but I still see way too many PCGS ms65 graded coins that I know full well ICCS would NEVER grade ms65. One such case is currently on ebay and is a classic example of the PCGS ms65 - ICCS ms64 coin that is so prevalent in today's market. I'll post a picture of this coin once the auction is over. Edited by doubleeagle59
11/11/2012 10:50 am
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Pillar of the Community
Canada
504 Posts |
I hate to knock any grading company but how about this 1 dollar coin graded by NGC that I noticed on ebay.A grade of MS65 and dark not even a nice shinny one. |
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Replies: 43 / Views: 5,739 |
Posted 11/10/2012 9:18 pm
