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Uh oh! I bought an ICG slabbed Kennedy!

RussRuss Posts: 48,514 ✭✭✭
1970 Kennedy, PR68DCAM. How will I ever live this down?image

Russ, NCNE

Comments

  • nwcsnwcs Posts: 13,386 ✭✭✭
    Looks nice, though.
  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭
    Kind of like confession, you do a little penence and you are absolved.

    Your penence is to place it in a box with my address on it. Sufficient postage and send a way.

    All will be well.
  • Looks like a nice coin and a good price. If you feel that guilty you can always reslab, right? But words are cheaper to eat than are slabbing fees. LOL. Kris
    "I haven't understood anything since "Party" became a verb."

    "I think I have finally lived long enough to realize that the big man in the sky aint talking" Ogden Nash

    "When all you got is a hammer, everything looks like a nail"
  • Russ Russ Russ:

    Didn't your mother and I tell you a million times that you'll go blind doing stuff like that! image

    Good coin! image

    Frank
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Russ-
    I see you left Positive Feedback for this transaction. You are happy with your ICG DCAM Kennedy. Do you plan to crackout the coin and send it to PCGS?
  • RussRuss Posts: 48,514 ✭✭✭
    I left positive feedback because I got what I expected. A $21 coin, and he shipped quickly. It's already been freed from it's ICG tomb. Nice thing about their slabs, they're even easier to crack than ACG's.

    Russ, NCNE

  • Where would you grade it?
  • PhillyJoePhillyJoe Posts: 2,700 ✭✭✭✭
    Do you think the pr68 is correct? How 'bout the deep cameo? Both ? Neither? Looks like a nice coin.

    Joe
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
  • RussRuss Posts: 48,514 ✭✭✭
    It's a 67DCAM. It has a nasty planchet flaw in the left field on the obverse that is hidden by the angle of the photo in the auction.

    Russ, NCNE
  • robertprrobertpr Posts: 6,862 ✭✭✭
    Are you trying to tell everybody you bought the coin, and not the slab? image
  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭


    << <i>Are you trying to tell everybody you bought the coin, and not the slab? image >>


    BLASPHEMY!!!
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Wouldn't an obvious "nasty planchet flaw" in the coin's mirrors have been detected and attributed to the grade by any grading service? Answer- of course! Still, a very attractive Kennedy in a somewhat difficult date.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Wouldn't an obvious "nasty planchet flaw" in the coin's mirrors have been detected and attributed to the grade by any grading service? >>



    It would have been by a real grading service.

    Russ, NCNE
  • jamesfsmjamesfsm Posts: 652 ✭✭
    Why is ICG not a "real" grading service? You grade the coin 67DCAM, they graded it 68DCAM. One point apart is no big difference, especially on a modern coin.

    I don't really want to get into the "Is ICG good?" debate again. However, I did want to comment on the obvious "herd mentality" here where a few people dislike ICG based on ACTUAL EXPERIENCE and the herd then jumps all over ICG when most or many have no experience with them at all. I don't collect moderns so my experience is only classics and for me ICG saved me a bunch of money. They refused to cross an NGC Seated 25C in high grade for corrosion (very, very small corrosion hidden in the toning) and IGC's opinion got me a buyback at NGC. So, yes, I like ICG but at least it's based on an experience. I guess I'm saying that it's fine to like or dislike any grading service but at least do it based upon an EXPERIENCE. I'm not referring to Russ who apparently has viewed alot of IGC graded coins but am referring to the "they suck" posters who seem to never offer a reason for that opinion.
  • RussRuss Posts: 48,514 ✭✭✭
    jamesfsm,

    I actually tend to agree with your sentiment. I'd also like to note that my experience with ICG coins is limited to one series and, in that series, they do suck. I've also always made a point of noting the narrowness of my experince with them when discussing their grading.

    Who knows, perhaps they're wonderful in every series but proof Kennedy's.

    Russ, NCNE


  • Better watch it Russ!!!! Next thing you know you'll be buying AT coins! image Oh...... hold it.......... nevermind........ image
    ahhhh....... SODO MELVIN?????
  • jamesfsmjamesfsm Posts: 652 ✭✭
    Russ:

    My sense of ICG is that they basically caved in on modern grading to get the "mass market" for those issues. The folks that run ICG are however solid coin people and former PCGS and ANACS graders and authenticators. They do know how to grade. In my experience, they are tougher than NGC on Bust 50C's and Seated material and very willing to bag a suspect coin (and they will discuss it with you if you ask). I don't submit much to them now simply because their grading fees are not lower than everybody else as they once were and I get about the same grades fromPCGS as I do ICG. ICG still needs to find their niche. When they began (in 99??) ICG was very tough and coin show folks would be heard saying that ICG coins meant good eye appeal. They need to reinvigorate that sentiment.

    JAMES
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I'll tell you why they have the reputation they now have, its real simple, they brought it on themselves. They lost all credibility with a large part of the collecting community with their ridiculous passing out of 70's on DCAM proof coinage. I own some nice coins in ICG slabs, but now I wouldn't trust them. Whether you like it or not or pretend not to understand, they shot themselves in the foot. Good intentions, gone bad.
  • Alright. $10 plus shipping. Brown paper envenlope with no return address. O.K.
  • jamesfsmjamesfsm Posts: 652 ✭✭
    IrishMike- OK but NGC did the same thing (or so some say) on moderns and folks say that's fine.
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    jamesfsm-
    You are so right about NGC. Remember, this is the same 3rd party grading service that prior to 1999, proudly boasted that there was no such thing as a PERFECT coin! Then they began placing plenty of coins in their PR-70 & MS-70 holders. Then, they became joined at the hip with Shop At Home and the Coin Vault and their Population for 70 holders are going through the roof! Recently, I was visiting with a very large submission dealer about some of their coins. He was saying how they had made plenty of Eagles & modern commems in PR-70 UCAM and MS-70. He felt that not one of their MS-70 Eagles was deserving of the grade they received from NGC.

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