Home U.S. Coin Forum

A bodybag day!

MICHAELDIXONMICHAELDIXON Posts: 6,501 ✭✭✭✭✭
First of all, I'd like to start by saying I use 4 different services. I use PCGS for types, NGC for modern, ICG for my Mercury set and SEGS for varities and low dollar coins.
.
I'm one of these people who buy the coin and not the holder. Regardless of the holder, if the coin has exceptional eye appeal and is graded (in my opinion) correctly, I'll purchase it.
.
Today, I received 5 coins back from NGC. Of the 5, 1 was returned as AT. It came out of a PCGS holder. It is definitely not AT, and, I guess NGC is being tough on toned coins at the present.
.
Many of you know I collect BU Mercury dimes. My Mercs are all in ICG holders, because I like the design of the holder. Well, out of 5 cracked and sent in, this is how they fared:
#1. 1940 D originally in an NGC MS67FB holder. ICG graded MS65. They were tough on this one and the second 1940 NGC Merc which they have downgraded! This coin is gorgeous and I can't see a 65!
#2. 1943 originally in an ANACS MS67 holder. ICG bodybagged for altered surfaces.
#3. 1943 originally in a PCGS 67 holder. ICG holdered as MS67.
#4. 1943 raw. Toned. ICG bagged for AT.
#5. 1945 Micro S originally in a PCGS MS66 holder. ICG holdered as MS66.
Of the 3 micro s coins I bought off the boards and Ebay, I felt only this one had an actual shot at 66.
.
I guess I'm just venting!

Thanksgiving National Battlefield Coin Show is November 29-30, 2024 at the Eisenhower Allstar Sportsplex, Gettysburg, PA. Tables are available. WWW.AmericasCoinShows.com

Comments

  • I would have never guessed ICG would be that tough with your coins. I guess seeing all the PR 70 modern coins they grade makes me think they overgrade everywhere...
  • rkfishrkfish Posts: 2,617 ✭✭✭
    MD,

    That's a tuff day at ICG! A NGC67FB now in a 65 holder.....whew! Not a good way to start a Monday!
    Steve

    Check out my PQ selection of Morgan & Peace Dollars, and more at:
    WWW.PQDOLLARS.COM or WWW.GILBERTCOINS.COM
  • My sympathy, MD. Next monday just take your money and go to a casino.
    Brevity is the soul of wit. --William Shakespeare
  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭


    << <i>Of the 5, 1 was returned as AT. It came out of a PCGS holder. It is definitely not AT, and, I guess NGC is being tough on toned coins at the present.
    >>

    THat would, uh, be my Toned ASE imageimageimageimageimageimageimageimageimage

    Mike said he'd take her to Baltimore to give the services another shot image
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    i've had a tough time getting a handle on icg. recall my thread where they graded a proven polished/doctored anacs-8 bust dollar as f-12, yet it sounds like you had an opposite experience.

    K S
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    wowsier


    dats not fun at all image
    image

    Go BIG or GO HOME. ©Bill
  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭
    I won't mess with ICG.

    It's really hard to get decent money for coins in their holders because of all the overgraded stuff in ICG that is out there. If you like the coin and it's dirt cheap, OK. Otherwise I'd stay away.

    Why volunteer to put your coins in holder that has no market traction at all?
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    Bill- I know the answer, so I'll answer for Mike image

    The ICG holder looks better to him with his mercs in it- so he uses their holder. He doesn't care about the #1 registry and won't be selling the coins, so he is doing what is most appealing to him- like if someone used an airtight vs. a coinworld slab because they thought one was more aesthetically pleasing...

    As for my ASE... well... imageimageimageimageimageimageimageimageimageimageimageimageimage
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • All I want to say is, if you like giving $ away, send some my way! Why would anyone trade those PCGS holders for ICG? I would guess you found some overgraded coins in PCGS holders!
    You can fool man but you can't fool God! He knows why you do what you do!
  • flaminioflaminio Posts: 5,664 ✭✭✭


    << <i>I would guess you found some overgraded coins in PCGS holders! >>



    Is that how it is now? It's impossible for one to believe that ICG actually does know how to grade a coin, therefore the PCGS one must have been overgraded to begin with. Sheesh.....
  • merz2merz2 Posts: 2,474
    Michael
    I'm shockedimageimage,that would be a really tough day for you.The king of crackout.
    Don
    Registry 1909-1958 Proof Lincolns

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file