A good example of why I don't trust high grade ICG Morgans

K6AZ

On Teletrade Wednesday night, an ICG MS66:

TUMUSS

COOL colors on that 64....ummmm....I mean "66"

Myqqy

K6AZ- perhaps you're getting a clearer image than what I'm getting on my monitor. I'm seeing what might be a light contact mark around the neck area, and a light mark in the high left obverse field. Is there more I'm missing? From the image I see, I would have guessed that it's a nice looking 65......

K6AZ

I could see that going 65, but a 66 it isn't. And on this date, we're talking about three times the price from 65 to 66.

ddbird

I can def. see a 65...long shot 66

numonebuyer

Here is a 66.



Here is a 66 that might be a 67

K6AZ

Here is my PCGS MS66 of the same date:

numonebuyer

Here is a 64



Here is a 65

JrGMan2004

So what's the big deal? I don't trust ICG for Mercs farther than I can reach...

K6AZ

The big deal is a 65 sheets at about $125, while a 66 sheets at $375.

numonebuyer

And 64 at about $50.

K6AZ

Actually, I've had real good luck crossing MS62-64 ICG Morgans to PCGS (cracked out first of course). ICG starts to get loose on 65s and above.

Myqqy

So what was the final bid amount for this particular ICG morgan??

BigAl

you can find dogs in any tpgs holder.....for morgans, ICG is light years ahead of PCI though. I've crossed 100% of ICG morgans to PCGS, (all were CC's MS64 and under) successful on both pl's and dmpl's.

judging by the pic, the fields of that coin look pretty nice, however the luster grazes on cheek/neck would limit that coin to a 65 in my book.

K6AZ

<< <i>So what was the final bid amount for this particular ICG morgan?? >>



It hasn't sold yet. This is in Wednesday's Teletrade auction.

K6AZ

They get sloppy in 65 and above Al. I had an ICG MS65 1902-O that came back as a 63 from PCGS. It was a good thing I paid less than 64 money for it.

numonebuyer

Crossover Thread results with ICG to PCGS

Another Crossover Thread results with ICG to PCGS

BigAl

They get sloppy in 65 and above Al

Eric, I can say the same thing about anacs w/ regard to morgans. In fact, any high grade morgan, regardless of tpgs, up for auction on either teletrade or ebay I look at with skepticism.

K6AZ

Funny you should mention that. I have had almost the identical experience with ANACS Morgans. Almost all have crossed at 62-64, and virtually all in 65 and above have downgraded a point at PCGS. Typically I stay away from 66 and above. As a matter of fact, I only own two, a 79-S I showed earlier in this thread that I bought for the color, and a 99-O that I bought in an old PCI MS65 holder.

BigAl

Eric,
I would also agree with you in that range 62-64....however recently a few anacs 62's have come back pcgs MS61. I have 2 more anacs 62 crackouts which I plan sending to pcgs on friday---regular service. One purchased from teletrade the other from heritage, I'll keep you updated.

Al.

K6AZ

Please do. I also must admit that I have been very picky with the ANACS coins that I have bought, so it may be that some mid range ANACS coins do drop a point.

boyhowdy

Teletrade just sold 3 of my Barber dimes -- 1907-S ICG MS63, 1910 ICG MS66 and a 1911 ICG MS65.
Total received for all 3 coins would almost cover a 1910 PCGS MS66. Biggest problem -- they need Jeremy or Eric FAST.

Steve

Stuart

The stakes go up exponentially with MS-66+ coins, and I feel that the grading gets more subjective and less analytical at those high levels.

I'm proud to admit that I've never purchased a certified Grade-66 coin, but that I've made 2 PCGS-66's from raw coins in my collection, an 1883 PCGS Proof-66 Nickel 3c Piece, and an 1881-S PCGS MS-66 Morgan Dollar (that looked like a lock MS-67 to me)...