Under-Graded Vickys - Coin Community Forum

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Author	Replies: 6 / Views: 1,460
lambecolin Pillar of the Community Canada 618 Posts	Posted 05/01/2013 1:57 pm I admit under-grading does not happen much with 3rd party graders. Have you had much experience with re-certifying low grades ? If so-what do you think caused the low grade in the first case? I am presently looking at a coin I think is way under-graded-I might be sorely disappointed ( ebay) I give it EF45 Edited by lambecolin 05/01/2013 2:52 pm Report this Post to the Staff

bmxboy Valued Member Canada 389 Posts	Posted 05/01/2013 3:56 pm Hard to tell with pictures, sorry all I can say in till coin auction ends Report this Post to the Staff
cameron93 Valued Member Canada 190 Posts	Posted 05/01/2013 4:42 pm Hi Colin, Hope your day's going well... :) Yes, 3rd party graders make mistakes in both over and under-grading... For years ICCS had the reputation of being very conservative and most of the coins in ICCS slips were under-graded... it's been a common practice to buy ICCS coins and submit them to PCGS to get a higher grade and a nice slab... Nowadays it seems that ICCS has started to swing the pendulum the other way and are no longer the standard of conservatism... Also, they used to have a tendency to downgrade a bit if coin is dark toned as in the one you are questioning about... The pics of the coin you have posted are not that great... I've tried to enhance them in order to get a better look but it's just not possible to be definitive... I would say it's better than VF-20, but not an EF... possibly a strong VF-30+... Very frustrating though that ICCS can't be more consistent in assessment of grades... Here's a couple of other 1858 Twenty Cent Pieces... First one is in my opinion over-graded... I would call this VF-20... This next one in my opinion is under-graded... I'd give it a solid EF-40... Take care, and Have a Great Evening! cameron93 Report this Post to the Staff
lambecolin Pillar of the Community Canada 618 Posts	Posted 05/01/2013 9:34 pm Thank you Cameron93--Spot on advice. There's so much vagueness in ebay pictures, I just have to act accordingly. Thank you again, Report this Post to the Staff
54dollarcoin Valued Member Canada 475 Posts	Posted 05/01/2013 10:01 pm second coin is clearly better and I concur with ICCS grade on both pieces. The inconsistency on ICCS grading is just NOT that rampant. I have supported ICCS since the beginning and think for the most part they are quite correct and consistent. I know they have helped me make a lot of money over the last 25 plus years. If anything consistantly conservative about somes it up IMHO. Report this Post to the Staff
cameron93 Valued Member Canada 190 Posts	Posted 05/02/2013 12:36 am " You can lead a horse to water, but you can't make him think... " Report this Post to the Staff
54dollarcoin Valued Member Canada 475 Posts	Posted 05/02/2013 12:46 am NIce shot ! But I stand by what I said and I have sent ICCS thousands of better coins over the years and yes surprise the consistency is there! Some just choose to say otherwise especially when they time after time do not get the grades they think they should. Report this Post to the Staff
	Replies: 6 / Views: 1,460

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