How Much Corrosion Earns The Corrosion Comments At ICCS

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Author	Replies: 6 / Views: 1,110
CanadaPennies19 Valued Member Canada 201 Posts	Posted 05/30/2022 3:10 pm A few of my friends are putting together a bulk submission for ICCS. One of the coins that a friend wants to submit has 1 spot of corrosion. Due to the value (Likely Extra fine range) it's not actually worth the cost of grading but it got me thinking. I have ICCS graded coins with small corrosion spots but no corrosion delegation. would this earn it? Is there a standard? Report this Post to the Staff

okiecoiner Pillar of the Community Canada 5585 Posts	Posted 05/30/2022 5:02 pm It would never get an XF grade and they may note "environmental damage. Other TPG's may just say "genuine". Wasn't the original coin that started the thread a different date? Was a new coin put in the photo? Edited by okiecoiner 05/31/2022 06:27 am Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 05/30/2022 7:10 pm There is a numerical grading system based on condition, but there is no numerical system for any other aspect, and thus all other problems must necessarily have an adjectival comments system, for which there is no recognized standard. For this reason value can never rest on grading alone, but must take into account all other problems (if any), and are subjective in the minds of the buyer and seller and value has to be agreed on before a sale can be made. Nevertheless, coin catalogs which give a value according to grade are still a very useful guide for coin values Report this Post to the Staff
silverwolf Pillar of the Community Canada 3733 Posts	Posted 05/30/2022 7:34 pm i wouldn't send it in. Report this Post to the Staff
purelywasted Pillar of the Community Canada 1505 Posts	Posted 05/30/2022 7:35 pm Is this a high value coin? Maybe some verdi-care will clean that up, but otherwise I would just leave that one as is. ICCS might put a corrosion/enviro/etc... note or net grade it down. Either way, this will only get worse over time and not sure if any George IV with that level of damage is worth the cost of grading. Corrosion can appear after grading. Report this Post to the Staff
CanadaPennies19 Valued Member Canada 201 Posts	Posted 05/31/2022 5:59 pm It's not my coin - my friends coin. And it is NOT being sent to ICCS. See it got me thinking at what threshold is it not worth sending it in as many of my bank tokens have similar corrosion but no comments Report this Post to the Staff
okiecoiner Pillar of the Community Canada 5585 Posts	Posted 05/31/2022 7:56 pm If you can't actually SELL a coin for $100, then it's not worth the cost to get it graded and shipped. Report this Post to the Staff
	Replies: 6 / Views: 1,110

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