ICG GRADING SERVICE GOOD OR BAD ?
TROUT70
Posts: 219
IS ICG GRADING SERVICE A RESPECTED SERVICE OR IS IT A LOW GRADE SERVICE ?
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Comments
ICG I am afraid is pretty poor on some of their grading.
Russ, NCNE
KAMEHAMEHA00
(BTW,when you type in all caps,it means shouting.)
Cameron Kiefer
I can only speak for Indian Head and Flying Eagle Cents. My experience is that they are tough; on par with PCGS, NGC and ANACS. For other series I have no personal experience.
I am also putting together a set of MS70 State Quarters (both clad and silver). Some of the coins are "just as good" as those in PCGS and NGC slabs in MHO.
Never-the-less, they blew it with over-grading moderns and they are still behind the 8-ball with market acceptance as a result.
San Diego, CA
<< <i>Isn't their holder suppose to protect the coins better? That would make ICG better if you do not plan to sell your coins, right? >>
Only if you pay extra for the intercept shield slab.
San Diego, CA
Don't listen to modern collectors with little experience.
Looks like about #5 per slab.
<< <i>Don't listen to modern collectors with little experience. >>
Yeah, it would be much smarter to listen to eBay sellers who hawk PCI, NTC and Trugrade garbage. Right, DCAMFranklin?
Russ, NCNE
<< <i>VERY GOOD WHEN IT COMES TO SAMPLE SLABS. THEY MAKE ALOT. >>
Good one Cameron...
My Coin Website
My Professional Website
Here's a warning parable for coin collectors...
LINK
K S
<< <i>ICG started out with the best of intentions and careful integrity. High hopes for them. Then for some reason, they put out a bunch of overgraded moderns, and sullied their reputation, perhaps beyond repair. Appparently they are better in some series, but lots of people don't trust them, and ICG coins have to be sold more "sight-seen" than some other services. As others have pointed out here, though, there are certainly cherry-picking possibilities for good prices in ICG slabs. >>
I too was disappointed with the way things turned out with ICG. The more credible grading services there are, the better it is for collectors and small dealers. Compeition keeps the big boys honest.
ICG not only made some grades mistakes, I've also seen them blow some easy attributions for die varieties as well. Once I say a piece that they said was a very rare Overton variety. The coin was really ugly, but even so had it been the variety it would have worth over $1,100. The trouble was ICG blew the Overton number and the coin was worth more like $15.