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Why You Shouldn't Use Basement TPG`s

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Wideglide's Avatar
United States
646 Posts
 Posted 04/28/2020  9:36 pm Show Profile   Bookmark this topic Add Wideglide to your friends list Get a Link to this Message Number of Subscribers
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Tanman2001's Avatar
United States
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 Posted 04/28/2020  9:56 pm  Show Profile   Check Tanman2001's eBay Listings Bookmark this reply Add Tanman2001 to your friends list Get a Link to this Reply
Actually not a basement slabber. ICG is a legit company that's been around for 2 decades. From what I've read online, ANACS and ICG basically swapped graders at some point. General consensus is that ICG ranks behind ANACS but ahead of anyone else not named PCGS and NGC. Not a basement slabber, but not the best TPG.

And honestly the sellers photos are terrible. Could be anywhere between a typical 25 and weakly-struck 58.
Edited by Tanman2001
04/28/2020 9:57 pm
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GrapeCollects's Avatar
United States
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 Posted 04/28/2020  10:09 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
Actually not a basement slabber. ICG is a legit company that's been around for 2 decades.


This


Quote:
General consensus is that ICG ranks behind ANACS but ahead of anyone else not named PCGS and NGC. Not a basement slabber, but not the best TPG.


Accurate

Here's something else to keep in mind. 3CS suck. Not as a series, but as a production nightmare. Their small and thin size made it almost impossible to strike up properly and they had tons of clashes. Weak strikes are a part of life in the early parts of the 3CS series, which the 1851-O falls under. The higher relief and better designs came after almost a decade of work.
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fortcollins's Avatar
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3649 Posts
 Posted 04/29/2020  12:21 am  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
I agree with @Tanman2001 and @GrapeCollects. ICG is respectable. They do a solid job authenticating coins, and are usually somewhere in the ballpark on technical grading. The old adage "buy the coin, and not the slab" adjusts for the times they wander.

The true basement slabbers generally only "grade" their own coins for resale. Not surprisingly, their own coins miraculously lose circulation, alterations, and contact marks in the process, and gain dozens of points on the grading scale as a result. (About like used cars losing miles on certain used car lots . . .)
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John1's Avatar
United States
56855 Posts
 Posted 04/29/2020  05:07 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
with fortcollins, GrapeCollects, Tanman2001
My preference is PCGS-NGC-ANACS in that order
John1
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hfjacinto's Avatar
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7276 Posts
 Posted 04/29/2020  08:25 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply

Quote:
My preference is PCGS-NGC-ANACS in that order


Even the big names make mistakes, this coin is details and it graded straight.

Why-You-Shouldn't-Use-Basement--TPG`s
Why-You-Shouldn't-Use-Basement--TPG`s
Edited by hfjacinto
04/29/2020 08:26 am
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John1's Avatar
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56855 Posts
 Posted 04/29/2020  08:38 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Yes,everyone makes mistakes...it is only human. But,go with the ones that make the least amount of mistakes
This leads back to,buy the coin not the slab.
John1
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kanga's Avatar
United States
5825 Posts
 Posted 04/29/2020  09:43 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply

Quote:
AU-58? Yeah and I'm "About-23"

https://www.ebay.com/itm/RARE-1851-...151244029783


Like others have said, ICG is a legit TPG.
Their grading on the coin is reasonable.
The problem is that the seller WAY overpriced it.
It's a DETAILS coin and at most should be priced in the $150-200 range.
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Conder101's Avatar
United States
17884 Posts
 Posted 04/29/2020  1:19 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I think they may have been overoptimistic at AU58, but I could see it as an AU, and they are right calling it details, so overall they haven't done too badly.
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