| Author |
 Replies: 14 / Views: 2,403 |
|
|
Valued Member
Canada
495 Posts |
I see the 48 dollar on ebay sold for $2600 but wondering if it would have been a wee bit more if in a ICCS holder vs NGC? In the past I have sent NGC graded coins to ICCS and either got a higher grade or downgraded in some and have been leary of NGC since IMO NGC is not consistent with Canadian coins. |
|
|
|
Pillar of the Community
United States
5825 Posts |
Experience indicates to me that the same coin graded by ICCS and NGC will come back ½ to 1 grade lower from ICCS than from NGC. Different standards. So a coin graded the same by both TPG's would probably be worth more in the ICCS holder. |
|
Valued Member
Canada
127 Posts |
Well, it appears most people, based on the price, looked at the 48 that just sold as a correct grade. What do you guys think the grade is?
|
|
Pillar of the Community
Canada
5324 Posts |
Most of the TPG take really good care in grading key dates like the 48 dollar, my guess is PCGS, NGC probably takes a second opinion before slabbing, almost sure ICCS will do the same, other common coins probably takes a minute or so on to the next coin. |
|
Pillar of the Community
Canada
798 Posts |
I prefer NGC. Plus, I like that they have very user friendly population reports and a well built registry. Beyond that, 25% of the ICCS coins I send to NGC for crossover come back DETAILS PVC/Environmental
|
|
Rest in Peace
United States
17900 Posts |
If you've ever watched the videos of graders at work at the TPGs you will see that they probably go through a dozen coins in a minute, including the computer work.
|
|
Valued Member
Canada
109 Posts |
NGC is at least 1 grade lower than ICCS, IOHO
|
|
Pillar of the Community
 Canada
5395 Posts |
Let's just say they are all , all over the road map these days. Some of the dollars being graded as MS 63 ICCS three letters, PCGS current and NGC current are laughable. It seems based on my recent experience that the tightest of the bunch on Dollars are ANACS. The standards on Canadian Silver Dollars right now is very loose Market grading.  Edited by Pacificoin
02/09/2016 6:17 pm
|
|
Pillar of the Community
Canada
1442 Posts |
"Beyond that, 25% of the ICCS coins I send to NGC for crossover come back DETAILS PVC/Environmental"
BINGO...no serious high end market collector would go with ICCS.
ICCS has become the dumping ground for damaged coins.
Edited by canadian-varieties
02/12/2016 2:16 pm
|
|
Pillar of the Community
 Canada
5589 Posts |
If there are good photos or you have the coin in hand, why would you even WANT to have it TPG'd unless you were going to flip it? If your eyeballs don't tell you what grade it is, why would you believe a piece of plastic? Each TPG has its own strengths and weaknesses or denominations that they are good at or not so good at. ICCS is not so good about putting "comments" or "remarks" on coins that have been manually or chemically manipulated .. they essentially grade on "wear" alone and forget about the surfaces. I've got nearly 10,000 Vickies and not a single one of them has ever been sent to a TPG for grading. Now ICCS graded a few scarce varieties that Bill Cross gave Brian of mine that were includuded in the 2011 Charlton variety section, but that's it and they cost me nothing. |
|
Pillar of the Community
Canada
3234 Posts |
Quote:
Some of the dollars being graded as MS 63 ICCS three letters, PCGS current and NGC current are laughable. ..and that's just the dollars.. It's also a wack of US dollars being wasted when it comes back to Canukland "as a problem coin or cent" from those US TPG's.. Do the US graders give refunds if you don't like what they send back..? |
|
Pillar of the Community
Canada
5395 Posts |
No they probably want to charge you more for wasting their time!  . For a nation that couldn't grade world coins to save their souls the US services are pretty high and mighty. I am currently in Europe on a buying trip. While slabbing is steadily increasing in their market , there is not a lot of good to say about it. Saw a bunch of world coins in PCGS holders ( they have a French office) that would just make a knowledgeable numismatist laugh their bag off. If you are going to successful at this hobby , better learn how to grade for yourself. Edited by Pacificoin
02/12/2016 7:28 pm
|
|
Pillar of the Community
Canada
1442 Posts |
"If you are going to successful at this hobby , better learn how to grade for yourself."
Amen
|
|
Valued Member
 Canada
495 Posts |
Have to agree with comments re the roller coaster ride with TPG lately. I haven't had much success with NGC coins crossover with ICCS and PCGS was a bit of a disappointment with a few coins I sent to them, one of which was a Landon cent it came back as cleaned rather amusing but got it reholdered by ICCS and no problem with grade. Unfortunately, I am not that experienced with grading so have to rely on the Coin Gods for that service. I am critical at times with the pricing guides we have to use and TPG but its all we have for now. |
|
Pillar of the Community
Canada
1442 Posts |
I do believe that the majority of the best coins in AU+ grades have ultimately made their way into PCGS holders... NGC is a little looser on the cleaned/environmentally damaged coins, but ICCS is by far the worst. Many Canadian dealers know to hide damaged coins in ICCS holders and hope to fool new collectors with them... When you buy ICCS, you have to take into account the possibility that the coin is cleaned and take off 30-40% of the price for that. I have no problem buying/collecting/selling cleaned coins and having them properly attributed. That's why I send so many coins to ICG...you get a proper grading (i.e. AU53 details, scratched) as well as a proper description of the coin's problem. It takes some time to sort all of this TPG knowledge out but its vital for any collector who wishes to survive long term. |
| |
Replies: 14 / Views: 2,403 |
|
Posted 02/09/2016 09:29 am
