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Replies: 30 / Views: 6,962 |
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Pillar of the Community
Canada
1554 Posts |
Poll Question
 Hey gang, need your opinion on Third Party Grading service for Cana dian decimal coins. Which one of the three following mentioned "most respected services" do you prefer to have your coins graded by? After placing the vote, let me know why you made the choice. If you are not into T.P.G.'s, try a vote anyway using the knowledge and experience you have of 'em! Curious minds wanna know.
Edited by glenzy1 06/13/2010 08:42 am
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Moderator
 United States
23522 Posts |
You *do* realize what you're asking, in this forum, right? Posters to follow: When you share your opinions, and I know you'll share your opinions, please try to keep the level of discourse below the melting point of steel.
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Pillar of the Community
United States
4846 Posts |
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Pillar of the Community
Canada
1051 Posts |
I use all three. ICCS for prooflike ultra heavy cameo coins, CCCS slabs for coins that I just want to look at and enjoy in the holder (no intention of selling), and PCGS for expensive key date stuff in circulated grades (for maximum market exposure when I do sell in the future). If I had to pick only one as a favorite, that's a tough one. I'd probably pick PCGS just because they are doing so much more than other grading houses from a technology standpoint. For years ICCS was "it" for me, but I can't rely on their grading anymore, and that's a shame.
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Valued Member
423 Posts |
SuperDave: THIS forum? As in the Canadian section?
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Pillar of the Community
Canada
1051 Posts |
I think it's as in..."this" forum, where coinsrfun et al will probably chime in and chew a strip off anything and everything to get the ball rolling...lolol
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Valued Member
Canada
372 Posts |
I own coins certified by all 3 companies.If I have to get some certified,I will use the 2 Canadian companies as I do not have to cross the borders and worry about duty.The best holder on the market is CCCS.We have the knowledge and technology at home.I favor doing business in Canada as I strongly belive PCGS do not realy need mine already grading millions of coins every year.I feel like I am doing business with the small independent rather than the multi-national. This is a matter of personal taste.
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Pillar of the Community
United States
2408 Posts |
Selling ICCS/CCCS on ebay (US) has been a problem for me. A couple knuckleheads at ebay (probably paid by a "recognized" grading company) roam the auctions and report any deviations... Can't mention the grade or that the coin is graded. Can't even put the acronym ICCS in the title. The wrath of ebay will come down striking with no mercy. Bamm! Cancelled. No recourse, no appeal. But that's an entirely different subject. I digress... Unfortunately, unless the rules change, I can't buy ICCS/CCCS.
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Pillar of the Community
Canada
1733 Posts |
I don't have a favourite. I think they are all just ... another opinion. If I happen to buy a graded coin, I throw the holder material in the garbage.
When I need to sell something upscale, I'll get it graded by the buyers choice. If I disagree with the grade I'll cancel the deal and keep the piece or if I don't care I'll reduce the price. But normally, the grading companies aren't as miserable on grades as I am. I find them too lenient of - bad rim nicks and weak strikes even in years where strikes were not good, letting it pass without comment is not what grading is all about.
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Pillar of the Community
Canada
632 Posts |
I voted for CCCS
PCGS is the way to go if you want to place your coins in the murrican market - not the case with my twoonies: most of them present "quality control issues" that will not be recognized by PCGS
Now ... ICCS ... they are supposed to be good with cents - anything with a different denomination is problematic. I saw a HUGE number of misgraded coins, cleaned coins, scratches and all other blunders one can imagine. They certified fakes, forgeries, fabrications and are the single responsible for the most moronic term ever - the numismatic BU (fill this space with your preferred slurs on my behalf) BECAUSE they fear being sued (like NGC and PCGS) by using "first day" denomination (since they do not know the difference between a PL an specimen and a business strike, it came handy). Lack of transparency, consistency and accountability will result on serious $ losses - the market is getting tired of the flood of garbage wrapped in plastic.
CCCS is everything ICCS is not. To start - CCCS when in doubt consult experts and collectors. There are now 2 graders and a third will join when the volume insure profitability. We know WHEN a coin was graded, and they do not invent terms to suit their needs or paranoia. They have a web presence and visit all major shows in Canada. If you don't agree with the grade you can discuss with them. The slab they use is AMAZING (during CNA in Ottawa, Louis threw a slabbed coin at the fountain in the Bank of Canada and left it there for hours - there was not a single sign of infiltration). They assign errors and varieties even if not listed in Charlton. In other words - a great product for the price, and a product for the Canadian market
just my $2/100
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Pillar of the Community
Canada
693 Posts |
CCCS because they are accurate, approachable and accountable. TY hits the nail on the head.
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Valued Member
Canada
166 Posts |
I can't vote in you pole because it is too restrictive.
For Canadian large cents I like NGC because they are so undervalued. It is often possible to buy a "best ever graded" (and beautiful) NGC large cent for under $1,000. Canadians have contempt for NGC, which is why the price.
For PL dollars I like PCGS not considering Cameo (which they don't give) designations and ICCS for Heavy and Ultra Heavy Cameos.
I hear a lot good about CCCS and looking at their population distributions they are probably strict, but their pop reports show that few coins are being sent there and essentially NONE of the high end, valuable material goes there.
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Pillar of the Community
Canada
1051 Posts |
What you say is true Steve. CCCS does just about everything right, but until there are some really high end coins in, and being sold in, CCCS slabs, it will be more of a collectors TPG than a sellers TPG. I've moved quite a few coins from ICCS holders to CCCS slabs, but for someone who is trying to get top dollar at an auction, ICCS and PCGS remain the top choices. To put it another way, at this point it's a financial risk for someone to abandon the well recognized ICCS flip for a CCCS one, and I am sure that is exactly what is stopping some people from moving to CCCS.
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Pillar of the Community
Canada
632 Posts |
In my opinion ICCS is the risk. Maybe (and I repeat MAYBE) in the past one could trust an ICCS "opinion." Not today - the quality of their "opinions" dropped. To make matters worse - there is no way of knowing what is an old certificate (with a more reliable "opinion") and what is a recent one - the IDing system is as moronic as the nubu thing. I don't like, I don't respect and I don't trust ICCS. The few coins in ICCS holders I have are 2$ gems like: 1998W-MS68; 1997-SP68 Winnipeg; 1996-MS66 (it is a proof); 2000W SP67 and so forth. I was the underbidder on the now famous 2$ "upset core" (for those that do not know about this one, a coin offered a few weeks ago in ebay that had its core popped out, flipped and re-inserted. ICCS certified as genuine - so much for an expert opinion ... If you owe it, PM me) I like PCGS. Also, I cannot understand why NGC is not popular in Canada (are they popular in US?).
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Pillar of the Community
Canada
693 Posts |
Well said 1 cent. As you know, my 5 cent collection has been shifted to CCCS. This includes my 51 hr's (4) my 67 upset 65 lb's and yes....all my error coins. etc. Book value with a lot of 0's I believe and trust CCCS.
Edited by coinsrfun 06/13/2010 5:44 pm
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Valued Member
Canada
166 Posts |
Hello TY,
Having collected in the US since before PCGS and NGC started, most people there think that NGC and PCGS are equivalent up to MS/PL 65, PCGS is slightly stricter on older coins above 65 and perhaps a full grade harder on modern "commemorative junk" with NGC much more willing to go 70 then PCGS.
Canadians have contempt for NGC which can get you some real bargains. I have a 1953 PL67 dollar that sold at auction (in the US) for $7,000 a few years ago that I got from a well know dealer for $2,300 recently because the owner had it slabbed in an NGC holder. Since it is a "name" coin, from the old Pittman collection,and still has has the PCGS PL67 tag (both denote it as Pittman) I may try to see if I can get it to cross at 67 with ICCS.
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Replies: 30 / Views: 6,962 |