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How Far Off Is ICG Grading?

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Pillar of the Community

United States
1187 Posts
 Posted 12/16/2016  3:19 pm Show Profile   Bookmark this topic Add LibertyEagle20 to your friends list Get a Link to this Message Number of Subscribers
There's a variety coin I'd like to buy. It's a RPM, the pictures are kind of fuzzy and it's in an ICG slab graded MS66.

1) how often is ICG wrong on grades? Should I count on this 66 really being a 64?
2) can I trust that the coin truly has a RPM or is there a good chance ICG is wrong on that too?

I typically avoid ICG but I don't think PCGS or NGC attribute this RPM. A true 66 non variety sells for $15-30 in a top tier slab. They are asking $32 for this ICG 66 RPM. Unfortunately I can't find any past sales aside from another ICG 65 that sold for $28 by the same seller.

Thanks!
Edited by LibertyEagle20
12/16/2016 7:17 pm
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John1's Avatar
United States
56855 Posts
 Posted 12/16/2016  4:53 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Can you post a link to ebay? IMHO ICG 66 is more like a 62 or 63.
John 1
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jdiablo30's Avatar
United States
946 Posts
 Posted 12/16/2016  4:54 pm  Show Profile   Bookmark this reply Add jdiablo30 to your friends list Get a Link to this Reply
I've bought a few coins in ICG slabs,dont remember the earlier ones that I had and cracked out,but the last one was a 1912 Liberty nickel. ICG graded is as MS62, I cracked it out and had it in a album for awhile and then eventually sent it in to PCGS.PCGS graded it MS64,so if you feel confident in the coin then go ahead and purchase it.
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jdiablo30's Avatar
United States
946 Posts
 Posted 12/16/2016  4:56 pm  Show Profile   Bookmark this reply Add jdiablo30 to your friends list Get a Link to this Reply
1910* sorry

How-Far-Off-Is-ICG-Grading?
Pillar of the Community
United States
1187 Posts
 Posted 12/16/2016  5:37 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
It's between these two. One is a MS64 for $20 the other is a MS66 for $32. I think the 64 looks better except it looks like there are hits around Roosevelt's eyes. Which would you guys recommend or should I pass on both? Again, these are labeled RPM but as I said, its very hard to tell. The 66 also says "Muir collection" on it.



How-Far-Off-Is-ICG-Grading?

How-Far-Off-Is-ICG-Grading?

How-Far-Off-Is-ICG-Grading?

How-Far-Off-Is-ICG-Grading?
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moxking's Avatar
United States
17900 Posts
 Posted 12/16/2016  6:43 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Can't see the RPM, obviously, but I do agree that the 64 looks better, even though the photos on both are pretty bad.

PCGS and NGC stabbing can cost nearly as much to grade as either of these two cost.

ICG is a shotgun blast grader. They close their eyes, fire a birdshot shotgun blast at a target, and whichever ring has the most holes is the grade they give.

There is no consistency.
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coin197's Avatar
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1963 Posts
 Posted 12/16/2016  10:09 pm  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
Just so you know, ICG stands for I Can't Grade.
Pillar of the Community
United States
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 Posted 12/16/2016  11:13 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I've heard that too lol! From what I've read, NGC does not attribute the s/s variety on this dime so I thought this would be a good way to ensure it was a RPM. Maybe it's just not a popular variety? I personally like the 64 better than the 66 because it's blast white. I don't like the toning on the 66 and odds are it isn't a 66 anyway. It's also about 50% more in price. Also does anyone know what the Muir collection is? As mentioned that was also mentioned on the slab of the 66.
Edited by LibertyEagle20
12/16/2016 11:14 pm
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edweather's Avatar
United States
7375 Posts
 Posted 12/17/2016  09:09 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Coneca has two RPMs listed and I found a couple 1949 S/S MS66 dimes in the Heritage archives that sold around 15 years ago. One for $31, and one for $41.

https://www.ha.com/c/search-results...&limitTo=all
Pillar of the Community
United States
1187 Posts
 Posted 12/17/2016  10:24 am  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
Thanks edweather. I wonder if it's really that rare or if there are a bunch sitting in PCGS/NGC slabs that weren't attributed? Roosevelts just aren't very popular it seems even though this is the key date coin for the series. Either way, I went with the blast white 64 one for $20. If anyone's interested I can post again when I get it.
Valued Member
United States
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 Posted 12/17/2016  11:42 am  Show Profile   Bookmark this reply Add dom to your friends list Get a Link to this Reply
They are no far off than the other three. It depends on what you are looking for.
Over the past five years at least to me, they have technically been the most consistent.
I have dropped my PCGS and NGC memberships because I have found that
NGC has waffled, PCGS has been a bit more lenient. I use my local coin guy to send them in.
I have taken advantage of this however. I guess I have been fortunate. I would say over the past several years of attending shows
i have been able to cherrypick some nice ICG and ANACS Coins for that matter coins at lower price point, which I knew would grade higher PCGS or NGC.
And low and behold a grade or two higher. I think over the past two years ANACS has become the most conservative. I use them
Fir my morgans and Indian Head cents. Frankly though with moderns like your Rosie's I dont think there is a huge difference, since it is not really an expensive coin, as with many moderns. I prefer my classics. I prefer the grading if icg and anacs, but I am not stupid either,, PCGS and NGC carry s bigger price tag .
Valued Member
United States
97 Posts
 Posted 12/18/2016  12:45 pm  Show Profile   Bookmark this reply Add afewmorecents to your friends list Get a Link to this Reply
All jokes aside about any of the four major grading services accepted by ebay. Whenever I read a forum member joking abut a TPGS grade, I wonder at their experience. Professional numismatists and "those who know" don't usually make ignorant comments like that.

That said, I find ANACS and ICG coins to be the equal of NGC and PCGS as far as the quality of coins in the slab. I have attended a few ANA grading seminars, plus many coin shows and club meetings and there is plenty of "junk" in each service's slabs.

IMO, both coins the OP has posted have blazing luster + eye-appeal. I'd be happy with either as I have learned how to grade so I can buy the coin not the label. The price seems OK too.

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Chute72's Avatar
United States
1314 Posts
 Posted 12/20/2016  04:37 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply

Quote:
Just so you know, ICG stands for I Can't Grade.

Without more examples, the discussion is primarily conjecture.
Let's have some fun.
What grade would you give it?
What grade do you think ICG give it?

How-Far-Off-Is-ICG-Grading?

How-Far-Off-Is-ICG-Grading?

How-Far-Off-Is-ICG-Grading?

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kanga's Avatar
United States
5825 Posts
 Posted 12/20/2016  11:03 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply

Quote:
What grade would you give it?

Certainly -64 and -65 would not be unreasonable.

ICG generally got close to the grades of NGC and PCGS.
They weren't "bad" but it was suggested you buy "sight seen".
Pillar of the Community
United States
1187 Posts
 Posted 12/20/2016  5:53 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
Chute72 - My guess is it should be a 64 but ICG gave it a 66?
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/20/2016  6:17 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree 64 good shot 65.
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