ICCS Grading - When Coins Get Leprosy - Page 2

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Author	Replies: 24 / Views: 4,180	Page: of 2

biokemist6 Bedrock of the Community United States 12437 Posts	Posted 07/28/2011 5:52 pm IMO, that coin shows the classic signs of high point damage from PVC residue that was probably removed right before submission. Is there any green left on the coin at all? Report this Post to the Staff
canadian-varieties Pillar of the Community Canada 1442 Posts	Posted 07/28/2011 11:02 pm None that I can see.. Report this Post to the Staff
cdcoinman Valued Member Canada 372 Posts	Posted 07/29/2011 10:05 am My humble opinion as well.With their numbering system it is almost impossible to know when the coin was graded.Was the coin stored properly after grading?I would also talk to TCNC and explain .I have returned coins to them before for a full credit.They will rather have happy customers.They can sell that coin again to someone that will appreciate it. Report this Post to the Staff
Zonad Pillar of the Community Canada 1472 Posts	Posted 07/29/2011 11:27 am Any seller who might mention PQ or any other positive opinion should also mention negatives. Report this Post to the Staff
yoda Valued Member Canada 103 Posts	Posted 07/29/2011 2:02 pm If I'm reading the auction link correctly, the description was: "1894 50¢ ICCS VG8", with no further details. As well, the coin appeared quite ugly in the auction photos. So, in my opinion, the Auctioneer is not at fault. But, I agree that this is one fugly coin. As an aside, I've been to many auctions in Canada and the US where the auction catalog has gone on and on about how beautiful a certain coin was, yet to my eye it was intolerably ugly due to a large thumb print over the portrait etc. So, it is always prudent to be cautious with a coin that hasn't been seen in hand. Report this Post to the Staff
canadian-varieties Pillar of the Community Canada 1442 Posts	Posted 07/29/2011 2:26 pm There was no picture when I bid a few weeks before the auction started. Whether they sneaked in an online picture a day or two before, I dont know. I dont necessarily blame the auctioneer, although it should have been in the description. The point also wasn't that you should never buy a coin sight unseen. I get that. Its risky. The point was that ICCS certified this coin without labeling it damaged, and it is severely damaged. This makes ICCS less trustworthy than ICG, ANACS, PCGS, NGC, SEGS, PCI, etc...NONE of these TPGs would have certified this coin. NONE. I guarantee you that CCCS would NOT have certified this coin without mentioning the damage in some form. I think ICCS is good for $20-$100 coins. I think if anyone has ICCS coins in their collection that are worth over $300, you should have your head (or coins) examined. I've cut out over 30 coins OUT of their ICCS holders now, any coin I have over $300...and my business is going to PCGS for the nice higher end grades, and CCCS for the rare varieties. This way, I get quality hard holders that you can still store in binders (I just bought sheet holders for that), and I have a quality grading service that either has unbeatable reputation and international recognition (PCGS), or unbeatable reputation and excellent variety attribution (CCCS). Report this Post to the Staff
dialog_gvf Pillar of the Community Canada 1581 Posts	Posted 07/29/2011 8:00 pm > I think if anyone has ICCS coins in their collection that are worth over $300, you should have your head (or coins) examined. Why would it matter until you wanted to sell them? They are worth what they are worth. Sitting in a collection in an ICCS holder doesn't change a darn thing. And all this is somewhat baffling given the dot-bar. Report this Post to the Staff
1cent Pillar of the Community Canada 1051 Posts	Posted 07/29/2011 9:18 pm Quote: As an aside, I've been to many auctions in Canada and the US where the auction catalog has gone on and on about how beautiful a certain coin was, yet to my eye it was intolerably ugly due to a large thumb print over the portrait etc. This one drives me nuts! "Beautiful fields and full underlying luster", yet the coin has ugly dark toning largely caused by fingerprint oil all over it. Report this Post to the Staff
yoda Valued Member Canada 103 Posts	Posted 08/01/2011 9:16 pm @Danlos9551...most of my coins reside in pcgs holders as well. I've been shocked at how many of my previously ICCS-graded coins have ended up graded significantly lower, or bodybagged by pcgs for things that ICCS should have seen. One problem with the "buy the coin, not the holder" statement that alot of people give is the fact that it can be difficult to detect some problems with coins through 2 layers of plastic, sometimes with an oily film in between the 2 layers. So, I feel your pain. Report this Post to the Staff
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