ICG Graders Left En Masse To Grade For ANACS.

Now that's interesting, but with only 2 posts by you and no cited sources this discussion has the potential to get nasty incredibly quickly. Do you have any proof that this "Mezack" belongs in jail?

And where did you hear all of this?

As stated previously above I doubt a "large group" of employess all conspired to pack up and coincidentally all move across the country.

Are you sure you're not upset that your grandmother spent all of your inheritance buying overpriced coins from HSN?

I'm staying out of this.
Emotions trumping reason.

This! Stuns me how some dismiss education for impulse.

*Caveat - In no way I am saying I haven't made mistakes along the way...but I "gaurandamntee" you you I have learned from each every one.

Not sources on him, every serious collector knows that HSN is the worst possible, most overpriced place to buy coins from. And nobody is giving coins they send in any special treatment grade wise, once a coin is in the graders hands they have NO IDEA who submitted that coin/s... None whatsoever so that doesn't even make sense. What I want is sources that confirm that a masse of graders all packed up together... Moved across the country together and all got jobs at ANACS.. Which I highly doubt. But even if they did there's no leniency in their grading, or catering to HSN... That's what happens with 70's... Plain and simple.

And IGC isn't even considered one of the "top three" with American coins..I'd take any US coin graded by them quite cautiously.... Especially a 70 as there's little chance it would receive that grade from PCGS, NGC or ANACS... If and a big IF I were to buy 70's I'd probably go with PCGS, even though I prefer ANACS as they're seemingly the best with 70's (though I have seen quite a few 69's that "should" be70's and likewise 70's that arnt deserving.

And what you said in the link DBM posted to the rip off report is exactly my point from my first post... You cannot be mad that coins graded as a 70 by one TPG'er arnt seen as a "70" by another company... That unfortunately should be the expected norm. Heck, even if you cracked them out and sent them back to the SAME company there's a very, very, very, very good chance they wouldn't come back as a 70... It's a ridiculous grade, and when buying one/some it's more buying the label as the the grade can change from day to day depending on who looks at it... Even the same person might grade them differently one day opposed to the next.

The people that graded your coins wernt "over-grading" them at all.. It's no fault of theirs, it's the fault of people buying the idea of a 70 grade. That's what happens with "70's"... This is the reason people never crack them for re-slabbing.. again, just making a point as there's no reason to resubmit a 70... Your not going to get a higher grade..... But there's a VERY good chance they'd come back as 69's.

And again I'm not trying to sound like a jerk.. I know there's plenty of people who do collect only 70s and there's no doubt that they carry a premium on the market. But what you're talking about is the whole reason that I do not like the 70 grade, it's too volatile.. To me it seems like people buying the "label and not the coin" which is against everything that everyone teaches about buying coins... "buy the coin and not the holder"... When you have this perfect 70 grade it encourages people to buy the holder and not the coin, as they know that people aren't going to try to have them cross graded or re-slabbed, when in reality you're buying a coin that may be a 69 or 70 on any given day. What is a 70 today might not be a 70 tomorrow even if it's examined by the same person, actually there's a very good chance it won't be. The only reason that this grade has stuck around so long is because no one's going to resubmit a slab or cross grade a 70 because there's no way that you can get better... only worse... If people started sending in every slabbed 70 they own and realized that 90% of them are coming back is 69's, we could kiss that premium for the MS/PF-70 goodbye... Just sayin...

Again I'm not trying to open a can of worms or talk down to anyone who collects 70s, because there is nothing wrong with that in the least, I just have a strong personal opinion about it and I believe I've explained myself quite clearly as to why in my comments above. All I can recommend is if someone does collect 70's to be sure to examine them insanely closely yourself as there's many not deserving if the grade... And surely don't buy off of HSN or the like sight unseen!

I mean, sure, there are some coins deserving of a "perfect" grade or as close as you can get at least, but my issue with it is exactly why your mad.... There is there's too much room for "wiggle" between the 69's and 70's... I've seen flawless coins graded 69 and likewise coins that have obvious, though small blemished slabbed as 70's... And opinions between companies and even between different graders (or even the same grader) in the same company differ from day to day.. With the price jumps between some 69's and 70's this really gets under my skin and I don't think it's right. How many people like yourself have bought slabbed 70's that wernt really 70's? And will end up loosing countless dollars in the process? And it's not that one company is better or company A misgraded them or whatnot, it's that with this grade everyone will have a different opinion, so people are loosing uber $ on one or two peoples opinions, which will most definitely vary from someone else's. I've seen more than my fair share of misslabbed 69's and $0's in all the major slabs.

In December of 2007 Steve Taylor of ICG tried to buy the company but the owners wouldn't sell. So he (Driving Force LLD) purchased ANACS from Anderson Press instead and relocated it to Colorado from Texas in January 2008 (At that time ICG was also located in Colorado. They have since relocated to Tampa FL.). He fired all of the ANACS graders and hired away most of the ICG graders. ICG replaced them by hiring most of the fired ANACS graders. ANACS later announced that they would not guarantee the grades assigned by the former owners of ANACS. These events are all true. Any statements by Mezack or HSN I have no knowledge of.

Thanks for letting everyone know that I wasn't crazy when I said that the graders from ICG went to ANACS. En Masse might have been a little strong but I would guess that most of the best graders at ICG were hired by ANACS.As for Mr. Mezack and his bogus "Guaranteed for Perpetuity guarantee, I can only say that anybody who bought coins from him starting with the 1999-S silver Statehood Quarters and continuing on for several years heard him use this bogus guarantee on any of his perfect graded coins. Perhaps some of the HSN shoppers in the room can also remember this happening over and over.

You may find some HSN WATCHERS on the forum (watching just for laughs), but you aren't likely to find HSN buyers. Maybe a couple that bought when they were first starting out before they knew better.