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Not Your Typical ICCS Vs PCGS Question

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tfred's Avatar
Canada
627 Posts
 Posted 07/04/2013  07:41 am Show Profile   Bookmark this topic Add tfred to your friends list Get a Link to this Message Number of Subscribers
I don't want to beat a dead horse about which is better then the other. I understand some favour one over the other. This question is to those that use both. Which type of Canadian coins do you send to PCGS / ICCS and why?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 07/04/2013  09:53 am  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
I actually haven't sent any to either but am planning to send several hundred to ICCS & CCCS as soon as I can get myself organized. :-) In my experience, I treat PCGS, ICCS and CCCS grading as pretty much equivalent. PCGS high grade coins (MS64-66) are sometimes nicer than ICCS but I've come across a number of lower grade coins (VF20-EF40) that PCGS has seriously over-graded (IE VF35's that I would call F15-VF20). I would be inclined to consider PCGS for the highest grade coins and use ICCS/CCCS for the rest. Cost and convenience are also factors.
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 07/04/2013  12:53 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I use both, for different reasons.

Reason #1 - Selling coins. Most Canadian coins, that are either worth more than $250 in Trends or are MS-65 or better (for modern strikes), go to ICCS. The BEST coins, and I cannot stress that that word enough, go to PCGS. The 'best' in this case would be those coins that are worth in excess of $2500, or represent a potential registry set coin, or has fantastic eye appeal. For example, I sent in a 1955 PL dollar to ICCS, it came back PL66 Heavy Cameo. The coin was stunning, and ICCS flips really do not do silver dollars any favours- so I sent it in to PCGS and it came back PL-67+, 2nd highest graded. The coin, was properly graded in my opinion and looked great in the PCGS holder - I then sold that dollar to a registry set collector. My ebay store has some examples of New Zealand coins I recently sent in, because they are the finest I had ever seen. As a seller (which I know you are), you have to think of a target market to justify the addition costs. That said, if you send in a large enough batch, the costs are quite reasonable, and even a tad cheaper than CCCS hard slabs (except for error coins).

Reason #2 - Collection. I like to think, after a decade of searching BU rolls for small cents, attending coin shows and surfing ebay - that I have a pretty good eye for grading, colour and eye appeal. My small cent collection is currently in ICCS flips, mostly to protect them from the environment. The business strikes of my collection will be going to PCGS eventually. Part of the reason is that I am completely hooked on the concept of the registry sets. I like to find the best coin possible for my collection anyway, so why not bring out a bit of the competitive spirit that I have. I made a similar transition from ICCS to PCGS a few years ago with nickel dollars. I have no regrets with that, because someday - once the RCM's Alloy Recovery Program runs its course, I think those grade rarity coins might be worth something.

http://www.pcgs.com/SetRegistry/all...aspx?s=82059

Lastly, valuable coins in my collection, including errors, are in PCGS holders. The question I ask myself, is "would this coin sell at a Heritage auction, and appeal to international collectors"? If the answer is yes, then it should go in a PCGS holder. Look at the very best of Canadian coins (Belzberg, Pittman, Palmer, Canadiana Collection, Perth Collection, Norweb, Point Grey Collection, Mason/Marr, etc...), and ask yourself why they are all in PCGS holders...


"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

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Pillar of the Community
Canada
632 Posts
 Posted 07/04/2013  10:52 pm  Show Profile   Bookmark this reply Add t_y to your friends list Get a Link to this Reply
PCGS: twoonies for my registry sets and error twoonies (major errors only, minor errors I keep raw)

ICCS: big canadian coins (all my coins, other than twoonies are intended for trade or investment) and remaining better twoonies

I do not use CCCS, NGC, ICG, etc - simply does not worth the investment when compared with ICCS and PCGS. If they do not recognize a variety or error, it does not worth certification.
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 07/04/2013  11:20 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
If they do not recognize a variety or error, it does not worth certification.


Then you have a conundrum, because neither ICCS nor PCGS recognize German Planchet twoonies...

"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

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Edited by SPP-Ottawa
07/04/2013 11:21 pm
Pillar of the Community
Canada
867 Posts
 Posted 07/04/2013  11:22 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
I have done some grade shopping in the past, and I can tell you that both ICCS and PCGS are consistent with their grading for mint state dollars.

For large cents, EXCEPTING the "red" designation, I found that ICCS was a tougher grader. I had a 1915 MS65RB cent come back ICCS MS60B a couple of years ago. Don't ask me why I cracked it.
t
Pillar of the Community
Canada
5324 Posts
 Posted 07/04/2013  11:39 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
I believe pcgs is the only TPG that has a guaranty.
Pillar of the Community
Canada
632 Posts
 Posted 07/04/2013  11:43 pm  Show Profile   Bookmark this reply Add t_y to your friends list Get a Link to this Reply
"Then you have a conundrum, because neither ICCS nor PCGS recognize German Planchet twoonies..."

I thought CCCS what they know, I don't need them to grade or identify twoonie varieties. believe me, I am better than them on anything twoonie related.

Fact is, as time passed, I learned a few things here and there and exercise my right to pick and chose. I only use PCGS and ICCS. If I had enough funds, I would only use PCGS.

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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 07/05/2013  2:28 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply



Apparently, links from CCF directly to the PCGS Registry sets no longer work, they are filtered out at PCGS... so my link above is quite useless, mind you it was only to illustrate a point.

Go to the PCGS Registry page, click on <North America>, then, <Canada> and surf some of the finest Canadian coins you will ever see. You will have to burrow into the Canadian Dollars and Two Dollars --> Canadian Elizabeth II Nickel Dollars, Circulation Strikes (1968-1986) to see the set I was trying to link in the first place.
"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

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Zonad's Avatar
Canada
1472 Posts
 Posted 07/05/2013  3:02 pm  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
copy this and paste it in the address bar of a new browser window

www.pcgs.com/setregistry/showcase.aspx?sc=1621
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 07/05/2013  3:54 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
Hey Zonad, did you notice that collection was missing a double clip?
"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

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Edited by SPP-Ottawa
07/05/2013 3:54 pm
Pillar of the Community
Canada
1723 Posts
 Posted 07/05/2013  8:48 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
I don't really follow or participate with grading companies yet, but how does this registry thing you guys talk of work? I know the footnotes just looking for a bit more step by step instruction on how you add your set and maintain it. I'm liking the sounds of a competitive side to it. Sounds like something I may like too! hehe.
Edited by samsnate
07/05/2013 8:48 pm
Pillar of the Community
Canada
632 Posts
 Posted 07/05/2013  11:18 pm  Show Profile   Bookmark this reply Add t_y to your friends list Get a Link to this Reply
First check PCGS (and NGC as well) to see what sets are accepted and their composition. The menu is quite big. Then, start building your set. The learning curve is a bit step in the beginning.

I bet you will get a lot of help in this and other boards

It is fun
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