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 Replies: 16 / Views: 3,944 |
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Pillar of the Community
United States
1370 Posts |
I picked up a coin that was slabbed in an ICI slab.....appears to be an older type slab but I was unable to find any info on the company....I bought the coin not the slab some am comfortable with what I paid for it.....just am curious if I should bust it out of the slab.
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Moderator
 United States
16679 Posts |
Post a pic.
swcoin.ecrater.com
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Pillar of the Community
 United States
1370 Posts |
Here are some pics....not great pics   |
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Bedrock of the Community
United States
12437 Posts |
I have one of those slabs too, an 1885P also in MS64 but I know next to nothing about the holder. Interestingly enough, I agree with the assigned grade for my coin and that 1889P looks like it could be a 64 as well.
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Moderator
United States
16679 Posts |
More than likely, a "self-slabber". I agree with the grade too based on the pics.
That blue ring on the obverse side is funny.
swcoin.ecrater.com
Edited by vermontensium
07/11/2011 10:33 pm
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Pillar of the Community
United States
1370 Posts |
yeah the guy I bought it from has a few more of them and is selling them for around 1 to 2 grades under what they have been assigned.....I past on an 1891 that was grade at MS 64.....which he would have taken 300 for.....just wasn't my comfort zone .....I paid 45 for this one....he has a few more of them I may pick up next week
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Moderator
United States
16679 Posts |
$45 is not bad at all also considering the PM prices.
swcoin.ecrater.com
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Bedrock of the Community
United States
12437 Posts |
The insert is cardboard which has endowed my 1885 with some sweet blue toning  The case itself has a similar appearance to a Brown Ike holder. |
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Bedrock of the Community
United States
17884 Posts |
I saw my first ICI slab in Jan of 2001 but I suspect they are from several years earlier, possibly as early as the late 1980's. (There were several services using large size holders during that period.) I really know nothing about the company other than it was based in Minneapolis. There are two different holder varieties, this is the second variety. The first variety is similar but the label is printed using a dot matrix printer.
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Pillar of the Community
United States
931 Posts |
But it comes with the well known ICI Guarantee! That is a slab that is worth more than the coin. Easily five figures I think.
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New Member
United States
43 Posts |
Im not familiar with ICI and I dont believe the coin was graded to far off from what I can see in the pics's. I dont think it gains any value whatsoever being slabbed and labeled ny ICI so if you want to remove it, then go for it! Bust it out! If you agree that its equal to or better than what ICE graded it then send it off to one of the better respected companies grading coins and get it reslabbed.
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Pillar of the Community
United States
4415 Posts |
This oldtimer hasn't before encountered one of these slabs. The assigned grade looks reasonable. While the coin is a common date, the slab is uncommon, I'd say. As time passes, such slabs could become collector items, in and of themselves. I humbly suggest that you keep this ICI coin intact. Toning may eventually occur which could be a plus, too. As time passes, you may learn the history of ICI ... perhaps, an interesting story lies beyond the coin?
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Pillar of the Community
United States
1370 Posts |
After some thought I am inclined to keep it in the slab....not a high dollar coin.....it's starting to tone around the edges....give it a few more years in there could turn out to be a really nice coin.
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Moderator
United States
23522 Posts |
I'd keep it in the slab - it's a curiosity that way, rather than just another Mint State Morgan of a relatively common year. The older ICI was, the more likely they were to be an actual honest attempt to compete in the then-new TPG market. That gives this slab an almost-historical interest. |
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Pillar of the Community
United States
3076 Posts |
The pictures are not good enough to really evaluate/venture/guess at what the true grade is....it's too far away even though it appears to have wonderful luster...you really can't see the detail/flaws that would definatley allow a grading assumption...at this point its truly a guess at what it may be...close ups are needed.....granted the coin does look good in these farther away shots...but some women look good at 30  yards and are goddesses at 40 yards.  .....yet at 10 yards you may look the other way  !! |
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Bedrock of the Community
United States
20753 Posts |
As long as you don't need a coin for an Album, just keep it in the original slab. With a name on it like that, even that slab might become a collector item the way this hobby is growing.
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Replies: 16 / Views: 3,944 |
Posted 07/11/2011 9:10 pm
