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What Would You Pay For An 1963 ICG PR-70 RD Lincoln Cent?

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CanadaCoinCollector's Avatar
Canada
137 Posts
 Posted 08/28/2015  2:30 pm Show Profile   Bookmark this topic Add CanadaCoinCollector to your friends list Get a Link to this Message Number of Subscribers
I just Bought a 1963 Lincoln Cent graded pr-70 rb I paid 4 $ Canadian Wich Comes Out to About 2.50 US Would You buy it

What-Would-You-Pay-For-An-1963-ICG-PR-70-RD-Lincoln-Cent?
Edited by CanadaCoinCollector
08/28/2015 2:33 pm
Pillar of the Community
United States
1185 Posts
 Posted 08/28/2015  2:43 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I personally wouldn't buy ICG just because they are the lowest regarded of the major graders. I also regularly find BU 60's cents in rolls (not proof though). Are those hairs in the case or just on it? Anyway for $2.50 you can't go too wrong. You don't have as easy access to cents like we do in the U.S. Maybe you can try to get a complete slabbed LMC proof set, that would be kind of cool!
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/28/2015  2:46 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Everything to IGC is either MS-70 or PR-70. Sorry to inform you ,your Lincoln Cent is not a 70. need close up pics of both sides of coin to try and get a decent proof grade for you.
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CSOTUS's Avatar
1153 Posts
 Posted 08/28/2015  3:03 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
I disagree T-BOP, ICG may not be a reputable as NGC PCGS or even ANACS, but it is a semi-quality holder. From what I have been gathering in my research of slabs is that whatever ICG grades it, knock 1 grade down and thats what the big 2 would grade it.

Of course this is not always accurate, but then again neither is saying they grade everything at 70.
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cwb's Avatar
United States
3463 Posts
 Posted 08/28/2015  3:23 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
You should buy the coin, never the holder. You can put a crappy coin in the best holder available and it is still a crappy coin.
I'm not saying your coin is crappy at all, it may be a very nice coin. I'm just saying the holder shouldn't be the selling point of a coin.
For the price, I would say you did fine.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 08/28/2015  3:24 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Of course this is not always accurate, but then again neither is saying they grade everything at 70.


It's very close to accurate with ICG and Lincolns. They have no clue whatsoever regarding this series, regardless of their skills with others.
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Coinfrog's Avatar
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 Posted 08/28/2015  5:13 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Absolutely correct.
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rayof315's Avatar
United States
241 Posts
 Posted 08/28/2015  9:26 pm  Show Profile   Bookmark this reply Add rayof315 to your friends list Get a Link to this Reply
I learned very early as a collector not to buy ICG coins based on the grade on the holder (e.g., when the pictures posted aren't that good) after buying what a I thought was a very high grade 1959 Lincoln and finding it had a gash in its neck the size of Kentucky. For some reason they're just really off on U.S. coinage - and not infrequently, imo, off much more than just a grade. It seems, though, that they're more highly respected in other areas - like with ancient coins.
Edited by rayof315
08/28/2015 9:32 pm
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DeodatusAlp2002's Avatar
260 Posts
 Posted 08/29/2015  02:01 am  Show Profile   Bookmark this reply Add DeodatusAlp2002 to your friends list Get a Link to this Reply
I would pay $1. Of course, there is one grading company who grades everything MS70. In that case, I buy the holder, not the coin.
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BadThad's Avatar
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19931 Posts
 Posted 08/29/2015  03:26 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
It's very close to accurate with ICG and Lincolns. They have no clue whatsoever regarding this series, regardless of their skills with others.


Disagree, I own, have owned and looked at many ICG Lincolns, I like their grading. Now proofs, I don't know, but they do a good job on business strikes IMO.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 08/29/2015  10:23 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Disagree, I own, have owned and looked at many ICG Lincolns, I like their grading. Now proofs, I don't know, but they do a good job on business strikes IMO.


Post a couple. I've never seen an accurately-graded Lincoln in an ICG slab and I'd like to believe they're capable of it.
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BadThad's Avatar
United States
19931 Posts
 Posted 08/29/2015  12:28 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Love this coin...

What-Would-You-Pay-For-An-1963-ICG-PR-70-RD-Lincoln-Cent?

What-Would-You-Pay-For-An-1963-ICG-PR-70-RD-Lincoln-Cent?

What-Would-You-Pay-For-An-1963-ICG-PR-70-RD-Lincoln-Cent?

What-Would-You-Pay-For-An-1963-ICG-PR-70-RD-Lincoln-Cent?

What-Would-You-Pay-For-An-1963-ICG-PR-70-RD-Lincoln-Cent?
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20753 Posts
 Posted 08/29/2015  12:45 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
For the price that coin is OK. However, if it's really a PR-70, then I've got a few PR-75's. Maybe even a few PR-80's.
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 08/29/2015  2:11 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
ICG isn't a bad company, they just need some more tweaking and better authenticators... If they hired some of us I'm sure ICG would be up there with ANACS.

T-Bop, I think you are thinking about SGS.

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