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2007 ICG PR-70 4 Coin Set. Will You Buy It Or Pass.

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alvaro77's Avatar
United States
124 Posts
 Posted 07/09/2017  02:01 am Show Profile   Bookmark this topic Add alvaro77 to your friends list Get a Link to this Message Number of Subscribers
Theres a set for $23.50 for 2007 Presidential dollar set ICG PR70. Is this a good deal or not. This were like $200 back in 2007 on hsn lol. Is this set just consider a raw set worth $5.00 because is ICG and not NGC or PCGS?
Will you buy it or pass?


2007-ICG-PR-70-4-Coin-Set.-Will-You-Buy-It-Or-Pass.
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scstrawn's Avatar
United States
536 Posts
 Posted 07/09/2017  07:41 am  Show Profile   Bookmark this reply Add scstrawn to your friends list Get a Link to this Reply
PF70 from ICG means very little. The coins look ok from the pic, but I think most would consider them "raw" and value at about $5 each. Not a bad price overall, but don't read too much into the posted grade.
Valued Member
United States
97 Posts
 Posted 07/09/2017  12:25 pm  Show Profile   Bookmark this reply Add afewmorecents to your friends list Get a Link to this Reply
@scstrawn

I disagree with your post 100%. It smacks as an old wives tale passed down in chat rooms. How many ICG PR-70 coins have you looked at in hand? If the number is under fifty, IMHO, the OP should disregard this opinion entirely.

First, let's leave the value of a PCGS slab and an ANACS, ICG, or NGC slab out of it as in this case it has nothing to do with anything. PCGS wins!

Now, any knowledgeable and experienced numismatist who purchases slabs should know that there are over graded, under graded, and correctly graded coins in EVERY TPGS holder. Additionally, the standards for PR/MS-70 are different at each service! That is unfortunate as a 70 should be PERFECT - without flaws - mint made or not!

Those slabs are the type that appear to be made for a TV promotion. I've seen some form of this "generic" label from several companies.

I've probably examined thousands of MS/PR-70 slabs from all the TPGS'S and I can honestly say there is real crap graded "perfect" in a large percentage of holders from ALL OF THEM; even down to a grade of 66-67 when stains and spots (eye appeal) are counted.

I have no idea what the OP's coins are worth. There is a very good chance I could find a reason not to 70 practically any coin I look at. However, I have seen thousands of truly perfect 70's in slabs. I own some. Pay your money and take your chance. $23 seems really cheap to me.

The price seems low (remember I don't know value!) either because one or more of the coins is not perfect OR this is a typical bargain for coins in SEGS, ICG, or ANACS holders due to the bad rap and wives tales uninformed collectors post about the second tier services!

Buy the coin, not the label.
Valued Member
United States
97 Posts
 Posted 07/09/2017  12:28 pm  Show Profile   Bookmark this reply Add afewmorecents to your friends list Get a Link to this Reply
@scstrawn

Never mind. I see I only disagree with some of the post. $5 or so each seems like a fair price and hope for the best!
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Earle42's Avatar
United States
10034 Posts
 Posted 07/09/2017  2:09 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Someone else's opinion on a piece of paper, then stuck in a plastic case, mean very little to me considering exactly the facts stated above by afewmorecents. Its about the coin, not the plastic/paper/name.

...unless you are looking for resale value b/c people will pay more for the correct pieces of plastic endorsed by a TPG, or else they simply enjoy the plastic look (Hey, its a hobby!).

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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basebal21's Avatar
13014 Posts
 Posted 07/09/2017  10:14 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Is this set just consider a raw set worth $5.00 because is ICG and not NGC or PCGS?


Pretty much raw. The market shows the majority of ICG modern 70s sell at a heavy discount and most even at a discount to ANACS 70s which are already at a discount to the PCGS and NGC ones.
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mtuma3's Avatar
United States
744 Posts
 Posted 07/18/2017  11:52 pm  Show Profile   Bookmark this reply Add mtuma3 to your friends list Get a Link to this Reply
The slabs I have are all PCGS or NGC... I don't trust anything else.
Mark
ANA Member

My7070
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