Grading Service Dilema

There's another trusted TPG, NGC. Generally the order (of reputation) goes 1: PCGS, 2: NGC, 3: ANACS.

If it's in any other holder I pretty much consider the coin raw, although I'm not saying that's necessarily fair. I just follow the market.

Magusxxx,

ICG is lower than ANACS on 20th Century coinage but surpasses them on 19th Century. Their 19th Century grades are conservative so I believe you'd be safe with their grade on the '86 Morgan.

Next question ... have you viewed the coin? If so, how does it look to you?

I have recently started submitting coins to ICG and have been pleased with the grades, including the two Roosevelt dimes I submitted. As you all know, I tend to grade conservatively and I don't market grade. I intend to continue to submit to them and I love their slabs.

ANACS and ICG have been competing for the 3rd spot in the TPG ratings for a while. Quite frankly, these days I'm not very happy with what I see coming out of NGC. Just take a look at my 2007 Washington Dollar Error thread which shows a coin graded by NGC as MS64 when it didn't really even make 63 in my opinion due to the multitude of bag marks.

I would feel comfortable with any older coin graded by ICG. A modern coin graded by them currently should be okay, too.

In considering the coin you want to purchase, I always believe in grading the coin for yourself when possible, but I think you'll be fine with the ICG grade. I know of some ICG coins that have upgraded when crossed over to PCGS or NGC. The brown color you see at the top of the coin is toning and, depending upon how it looks, can be considered desirable. There are a lot of collectors who like toned coins.

Hope this helps.

There was a hilarious thread on another forum a while back, about a guy who attempted to submit something to ICG that they wouldn't attribute and grade. He submitted medals, tokens, just about anything metal that he could find. He sent in stuff which he had no clue about the identity of. In all cases, ICG identified, attributed and slabbed them. He finally got his way by submitting wooden nickels - ICG drew the line there.

quote:

---

I thought in the ICG / CONECA relationship, that ICG graded the coins, and CONECA attributed the coins. I also thought that you had to submit the coins through CONECA to get this.

Does anyone know if ICG puts the CONECA attributions on the slab, or does the graded coin come with a CONECA certificate to accompany the slab.

---

If you submit your varieties and minting errors directly to ICG, they will not come back with CONECA Numbers or Certificates.

You can submit your varieties and minting errors directly to CONECA and receive the official CONECA Number for your variety or the official CONECA Description for your error coin. CONECA will then overnight the coins to ICG to be graded and encapsulated. The CONECA Number or Description will be included on the ICG grading label.

http://www.icgcoin.com/Default.aspx?tabid=1037

When I submitted my Washington Smooth Edge Dollar Coins, I submitted directly to ICG, since I didn't want to have any additional delay.

Here's the image from their website. They're selling it for $100 which is half of book value. That's why I'm a little worried that something may be wrong with it. It looks like a reputable site. But I'm keeping hush about where it is so you whipper-snappers don't jump my claim.

If your not sure it will grade at PCGS in 65 bid up to the PCGS 63 current sales prices. Use ebay or Heritage sales, not the coin guide prices on the PCGS website.