Okay, you can admit it here-- you bought an ACG COIN recently!

lclugza

Here's a thread where you can admit your shameful deed of buying at least one ACG coin in recent weeks! (Oh, the shame! The horror of it all!) And I would like for you to state your reasons for buying an ACG coin.

Russ

You first.

Russ, NCNE

lclugza

Not me. I would never let those three horrid letters "ACG" befoul my own coin collection.

IrishMike

I admit it, I got so pissed off with centles and the crap he was selling I purchase two hyped up MS65 IHC's. I took my trusty hammer and beat the slabs to pieces. Of course the coins were recolored and hopefully they will return to more natural looking colors, as they now reside in one of my albums. I am still picking up little pieces of plastic in my garage.

braddick

A colorful "MS66" 1964 kennedy popped out easily and right into a Dansco album.

airplanenut

I bought an NTC proof wheatie yesterday... if it is nice and shiny with decent mirrors I'll be happy... I just think those coins look better in a slab than a 2x2... I figure not too many of them would be problem coins since there wasn't time for them to be damaged (scans looked like a decent coin)

Jeremy

airplanenut

Oh yeah.. I've been looking for one at a cheap price for a while... I bought the coin, not the slab (well, i just needed the slab to be around it, i didn't care what it said)

Dog97

I heard it through the grapevine that TomB did!

IrishMike

<< <i>I heard it through the grapevine that TomB did! >>



It was an apology coin for BBN

ClarkOfKent

My name is Clark, and two months ago...... I..... I.... Oh, alright! I bought a coin in an ACG slab! There! I said it! Ok? OK???? Are you HAPPY NOW???? My name is Clark, and two months ago I bought a coin in an ACG slab!


Whew! I'm so glad I got that off my chest. Thanks.

Russ

Dog and Mike,

I was wondering how long it would take before somebody jumped on that.

Russ, NCNE

Dog97

Hey, me, TomB & ACG go waaaay back!
I'll admit that as a collector of slab varities I have a few ACG holders.
Here's my favorite again:

ARCO

I have seen many nice coins in ACG slabs. Problem is that the dealers selling them act all innocent and price it just like it were graded correctly. HMMM..you mean 30 years in the business knowing all the nuances of the coin market and you just didn't know that ACG was a huge pile of stinking Cow dung?

When I See a dealer selling ACG slabs like any ol' reputable slab, I evermore give that dealer zero business till the end of time.

Take note dealers...sell ACG Excrement and you will have no part in my $20.00 a month coin allowance budget for your business

Tyler

dorkkarl

acg offers opinions on grades, and if you disagree, fine. i have never seen them claim the coins are graded to ana standards, etc. the problem comes in if a dealer says "THE GRADE" is an end-all, but that same problem exists with EVERY SINGLE certified coin.


buy the coin for what it is, and the plastic doesn't really matter. i've bought many coins that just happened to get stuck in acg plastic. it takes 10 seconds to get em out, which coincidentally is how long it takes to save a coin from pcgs and ngc plastic.

K S

Lotsatrout

I hafta admit that I purchased 5 ACG coins recently. All 5 were MS 1940's quarters that are definitely BU coins. Probably not 65's and 66's like they were graded but for 1/2 - 1/3 of the money ... I figured why not. None of them are in their slabs any longer because they are so disgusting. In fact, I feel dirty even when I crack one open. So there... you got my 2 cents worth. I'm man enough to admit my faults!

Mike

ccrdragon

I bought a 1903 'MS65RD' indian head penny about 2 months ago - my one and only ACG coin. The picture showed a nice loking coin and I got it for about AU price so I figured, what the heck? Besides, I wanted to see what all the hype here and elsewhere was about the ACG coins. When I got the coin, I almost screamed - what the picture didn't show was the 1/8" gouge (not a scratch, it was too deep for a scratch!) on the Indians cheek (and I was left wondering how in the he$$ did that coin get into an MS65 holder?!?!). I also think that the coin was retoned.

This will not happen again since I will not be buying any of these ACG tombstones again!

Android

I TRIED to buy an ACG coin at the last big show in Chicago. There was one dealer whose cases were filled with them. I kind of felt sorry for him in a way, he looked kind of scared and defensive, plus there was nobody else at his table but me. Actually, I felt a little defensive and scared because I felt the other dealers around this guy were looking at me and figuring there was something wrong with me. I looked at 10 Early Washingtons and about 15 Mercs, all graded in varying degrees of high mint state, looking for upgrades for my collection. All the while getting caught in the ACG trap of "maybe this time it will be different and I'll find a great deal". NOT ONE coin was properly graded, particularly the Washingtons, where most were sliders, with an MS64 on the holder.

Andy

dorkkarl

<< <i>picture showed a nice loking ... what the picture didn't show was the 1/8" gouge >>

friend, the real problem is that you bought it sight-unseen, not "acg".



<< <i>There was one dealer whose cases were filled with them. >>

was it "bruce" by any chance? if so, he's actually a real good guy who will back off on his acg prices if you talk to him long enough. he often disagrees with acg grades anyway, so you can still get the coins for reasonable prices.

again, though, SEE the coin before you buy it.

K S

Android

I don't know what the guys name was, but he was very friendly, and did say he would do "substantial" deals on some of the coins.

Andy

DRG

I DID IT! I"M SORRY!!!

Well we will see. I bought a ACG Millenium Sac MS68. But I only paid about $30. I have already sent it to PCGS cross at any grade. I figure it will go MS65, MS66 if I am lucky. But at that price it was probably O.K.

Russ

<< <i>friend, the real problem is that you bought it sight-unseen, not "acg". >>



Here's a startling revelation for you, Karl: Not everyone has access to coins in person.

Russ, NCNE

dorkkarl

andy, sounds exactly like bruce. i remember when he started out, was a very inexperienced dealer. he has wised up a heck of a lot in the last few years. i would recommend him as a good guy, and definitely work him down on pricing. i would NOT insult him by saying "acg overgraded that coin by 2 points", but instead, offer him the price at the next grade down and just see what he says.

BTW, i told the story some time back about a SLQ i picked up from him in acg plastic, cracked it out and took it to the anacs table, they opnioned the same grade, and i flipped it to the dealer next to him for some 500 bucks profit.



<< <i>Here's a startling revelation for you, Karl: Not everyone has access to coins in person. >>

russ, i believe you have just stumbled upon the truth. now get your a$$ up out of that arm chair and get out and meet your fellow collectors!!!

K S

BBN

I have never bought, and after much research, nor will I ever buy one. Yeah Yeah Yeah you had to get the jokes out blah, blah, blah. You got your roll off.

I saw on ebay by seller "Proof69" an alleged PR67 Franklin by ACG. This was the deciding factor in looking for raw instead: The friggin' coin looked liked it was in a mudwrestlin' contest and was never cleaned. And the seller had the nerve to call it toned!!!


So to the people that were criticizing me the other day calling me unethical and now admit to buying one recently and cracking it open to "Buy the coin not the slab" :Bite me hypocrites!!! This issue is now officially dead w/ me since some of you people now admit to being closet ACG freaks.

ClarkOfKent

I am NOT a closet ACG freak! I'm just a closet freak.... dunno why, but there's something about a nice closet that really gets me going... Uh... hmmmm.... ok, that may have been just a little more than you wanted to know.

BBN

Please; Don't come out of the closet.

psxchelly

Does thinking about it really hard count?

michelle

BBN

you have very unethical thoughts chelly

4thStooge

I've been buying and cracking out ACG slabs since the late 1980s. Hundreds of 'em, maybe even a thousand. Made alot of money, too! Never have sold one, though, and that I'm proud of!

gemseeker

4th stooge - Don't feel too bad. Looks like you've got company on many of the ones sold on ebay. As many people noted before, many of the real gems have been stored away or taken up by other buyers already. The remainder leaves very few ones to ferret out. Unless you find someone who is selling a recently found hoard of coins, what's left out there is subject to very close scrutiny.

Sealyp

Hey BBN, I am thinking that these people must not have read the other post huh. I will still own up to the one that I got in trade. Ugly slab, but the coin was pretty good.

gsaguy

Actually, at the last LB show I bought TWO of them!!! Both were toned buffalo nickels, good for the grade, and I paid $220 for the pair.

I walked about 50 feet from the dealer's table and another dealer stopped me in the aisle and asked if I'd bought anything 'neat'. I showed him the two ACG slabs and he said, "how much?". I said, $350 and he said okay.......................ruthless bast*ard!!!!!

GSAGUY

dorkkarl

bingo

wayneherndon

I have to admit I was tempted. I recently saw two different auctions for 1995-S Silver Kennedys in ACG 69 or 70 holders that sold for under $50. Greysheet bid on these is $1500 per roll ($75 per coin)!

WH

MacCoin

not recently but if I see one I need and like the coin I would. if it where on the net I would bid accordingly because it is ACG. I ain't going to let a coin go because the other board member don't like the grading company.

andy007

All of you guys still blaming TomB for the unethical part of that BBN thread, you guys should be ashamed and your unethical for doing so

Glad to hear after your extensive research that you won't buy ACG junk.

Geoman

With all the talk of ACG coins being over-graded, has anyone actually bought some ACG coins, broken them out, and had another grading company grade them? If I had the money, and for fun, I would take say 10 coins, send them to PCGS, record the grade, break them out, and send them to ACG. Then I would record the grade from ACG, break them out, and send them to NGC. It would be interesting to compare.

-Geoman

Catch22

By and large, ACG grading standards are bordering on fraudulent. Having said that, I buy coins and not plastic. If I like the coin and it's offered with a return privilege, I don't care who's plastic it's in. I have one, well worn, circulated coin in ACG plastic. Hey, even a broken watch....