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 Replies: 14 / Views: 1,427 |
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Pillar of the Community
United States
1116 Posts |
I recently purchased a series of graded coins that had 35 coins graded by IPG. They are highly graded (MS and PF 70 or 69).
I was wondering how this company's coins are viewed in the collecting community. Is a MS or PF 69 or 70 as valuable as ones that would have been graded by NGC or PcGS. If not, how much would they be downgraded.
All the coins that I purchased were modern coins in various denomination. The package consisted of coins graded by NGC, PCGS, and Anacs in addition to IPG. One of the coins from IPG was a Kennedy 1999 S graded as PR 70 DCAM.
Any comments?
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Pillar of the Community
United States
1314 Posts |
Super Dave will tell you there is no such thing as MS70. For a good reason. Generally PCGS brings the highest money. ANACS is very reputable, cost effective and attributes all VAMs. NGC isn't always consistant, and calls us " VAM Weenies." |
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Pillar of the Community
United States
1158 Posts |
I think it sounds like SGS.
SGS doesn't ever grade anything less than MS60, ever. All their proof coins are PR70. The owner of SGS sells big lots of PR70 coins for the cost of single a PR69 graded from PCGS.
I can't even find IPG with a google search
Edited by tkbslc
07/10/2014 3:04 pm
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Bedrock of the Community
United States
12437 Posts |
IPG is almost certainly a self-slabber, not a real TPG, so the grades are meaningless. |
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Valued Member
United States
337 Posts |
I once sold a coin in a slab to a dealer who immediately cracked the slab because it was not one of the respected grading services. He did not want customers to get the wrong idea. so, if it is not one of the few top graders, I avoid it. In fact, ebay has a short list, and if you claim a coin is certified, it had best be on the short list. Wow, even ebay disrespects lower tier grading services, and that says a lot. |
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Rest in Peace
United States
10625 Posts |
Anything in an IPG plastic case should be considered raw and likely not close to the Sheldon number on the label.
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Moderator
 United States
23522 Posts |
I've never heard of "IPG." Conder probably knows of them; hopefully he sees this.
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Pillar of the Community
United States
1068 Posts |
I know on property room.com, if it isn't ANACS, NGC, or PCGS, they will tell you they are NOT a reliable grading service and to bid accordingly....
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Bedrock of the Community
United States
19961 Posts |
Never heard of them, basement slabber whose coins should be consider raw. The grade on the slab means nothing.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
17884 Posts |
The name doesn't ring a bell and I find nothing in my notes about anyone using the intials IPG. Can you post a picture?
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Pillar of the Community
 United States
1116 Posts |
Being totally goofy, I went back to my slabs to see if I had entered the correct name onto the worksheet and I had put the wrong name down for the slabs. What I listed on my worksheet as IPG should have been entered as ICG. So  am I am embarrassed. Sorry about that. |
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Pillar of the Community
 United States
4593 Posts |
Ah... ICG ( http://www.icgcoin.com/) is one of the 2nd half of the top tier, i.e. acceptable to ebay (NGC, PCGS then ANACS, SEGS and ICG). They are one of five companies covered in the Blue Sheet ( https://www.greysheet.com/cdn/BlueCovered.asp which (lesser known than the Grey Sheet) lists Sight *UN*seen prices for PCGS/NGC, but also ANACS, ICG, PCI, INS, NCI & SEGS. They advertise that their slab is patented. That's true: the patent is a design patent for the stress relief feature of their slab (the little neck in). Definitely YMMV: Some folks uncharitably refer to them as "I Can't Grade", while others really like them. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
1158 Posts |
ICG is legit, although in ms70 they are probably a bit more generous than pcgs.
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Moderator
United States
23522 Posts |
Ah. ICG has a really nice slab, and I've no problem with their skills/grading on Classic issues. They are *far* too generous with Moderns, though, and I would not trust high-grade Moderns in their slabs.
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Pillar of the Community
United States
1116 Posts |
After reading the later postings I am feeling much better that ICG is not only a known and respected (?) grader but in some cases can be quite accurate in their gradings (?).
I feel much better about the purchase and will probably do another foray into buying grading coins.
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Replies: 14 / Views: 1,427 |
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Posted 07/10/2014 3:03 pm
