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WOuld you set free a TPG if it were other than PCGS or NGC?

ObiwancanoliObiwancanoli Posts: 1,065 ✭✭✭
in U.S. Coin Forum
I recently picked up a $10 Indian in an ICG slab, graded MS63, as I got a pretty decent price. I thought, with the return policy, I'd have a closer, in-hand look at it, and decide to return or keep.

I'm afraid I don't have any pix - only the seller's, not as good as I'd like - but my question leans more toward the perennial:

I think the coin is at least 63, and could be 64. I'm no expert, but while there are a few chinks in the armour, I've seen plenty of 64's that did not look as nice. Perhaps gold is judged differently, I don't really know, but if I apply my Morgan skills to this $10 Indian, I'd say it's got a shot, and a good one...

It is worth the risk to crack it out, and send it on to our benefactors?

image
UBERCOINER

A Truth That's Told With Bad Intent
Beats All The Lies You Can Invent

Comments

  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭
    I'd send it in to PCGS in the holder.
  • deviousdevious Posts: 1,690 ✭
    Careful there buddy! I just did the same thing, but it was a SEGS holder. It came back altered surfaces. Mind you, it also went through the secure plus service. I wonder if it would had been AS if it only went through the regular tier...hmmm
  • MrEurekaMrEureka Posts: 24,404 ✭✭✭✭✭
    Perhaps gold is judged differently, I don't really know...


    That settles that.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ObiwancanoliObiwancanoli Posts: 1,065 ✭✭✭


    << <i>Perhaps gold is judged differently, I don't really know...


    That settles that. >>





    OUCH!
    UBERCOINER

    A Truth That's Told With Bad Intent
    Beats All The Lies You Can Invent
  • FrankcoinsFrankcoins Posts: 4,571 ✭✭✭
    ICG, ANACS, PCI, SEGS...anything listed on the bluesheet is better left in the holder than "set free"
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • WTCGWTCG Posts: 8,940 ✭✭✭
    An important rule to remember is you should never play the crackout/ upgrade game until you know how to grade well. If you want to play that game and you do not know how to grade coins well you're relying on dumb luck and that is always a losing proposition.
    Follow me on Twitter @wtcgroup
    Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,552 ✭✭✭✭✭
    The greater the risk, the greater the ______(danger)
    Land of the free, home of the ______ (raw )

    I see no reason to crack it out. It's safe where it is.

    ``https://ebay.us/m/KxolR5

  • chumleychumley Posts: 2,305 ✭✭✭✭
    I,m working on a dansco franklin album and all the coins were formerly housed in pcgs/ngc holders........free free.set them free
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,552 ✭✭✭✭✭


    << <i>I,m working on a dansco franklin album and all the coins were formerly housed in pcgs/ngc holders........free free.set them free >>


    Hi Chumley. Normally I'd agree, but this fellow's talking a gold coin. It may look good in an album but when it's time to get rid of the coin, those holders are: worth their weight in ____.

    ``https://ebay.us/m/KxolR5

  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭


    << <i>An important rule to remember is you should never play the crackout/ upgrade game until you know how to grade well. If you want to play that game and you do not know how to grade coins well you're relying on dumb luck and that is always a losing proposition. >>



    And when you do know what you're doing, it's still a bit of a gamble...the graders don't always have the same opinion as the submitter. image
  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭


    << <i>I,m working on a dansco franklin album and all the coins were formerly housed in pcgs/ngc holders........free free.set them free >>



    The grading services love you guys. They can make money on the same coins over and over and.......

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ObiwancanoliObiwancanoli Posts: 1,065 ✭✭✭
    I'm tempted to return it. Will make that decision today, and if I do, I'll focus only on NGC and PCGS... or maybe ANACS too...

    You guys spooked me enough to take a good hard look at my grading skills, and at this level, I would only consider professionally graded coins. I WANT to crack them out for the album, but small chance of that, since, of course, they may not find their way back in, or at the same grade.

    Thanks for the candid input -
    UBERCOINER

    A Truth That's Told With Bad Intent
    Beats All The Lies You Can Invent
  • BillJonesBillJones Posts: 34,758 ✭✭✭✭✭


    << <i>I don't really know, but if I apply my Morgan skills to this $10 Indian, I'd say it's got a shot, and a good one... >>



    The grading on gold is A LOT tighter than it is on Morgan Dollars.

    Here is an example. This 1908 with motto eagle is in an NGC MS-66 holder. Looking at it live there are a couple of very tiny tick marks in the field. That’s it. If this were a Morgan dollar it would be an MS-66, not questions asked. Since it is a $10 Indian the debate is very choice MS-65 or MS-66. In hand this coin looks better than it does in my photo, as usual.

    image
    image

    I hope this puts it into perspective.

    And this 1913 eagle is graded MS-63 ...

    image
    image
    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 ... ?
  • stevebensteveben Posts: 4,634 ✭✭✭✭✭


    << <i>Perhaps gold is judged differently, I don't really know...


    That settles that. >>



    +1
  • coinandcurrency242coinandcurrency242 Posts: 1,971 ✭✭✭✭
    I would leave ANACS coins, but I do not consider the others a "true grading company" outside of PCGS, NGC, and ANACS!

    Positive BST as a seller: Namvet69, Lordmarcovan, Bigjpst, Soldi, mustanggt, CoinHoader, moursund, SufinxHi, al410, JWP

  • BillJonesBillJones Posts: 34,758 ✭✭✭✭✭


    << <i>I would leave ANACS coins, but I do not consider the others a "true grading company" outside of PCGS, NGC, and ANACS! >>



    I know one of the chief graders at ICG. I would not be that harsh on the company. It's better than any of the "made for eBay" graders, and their work is on a par with the other "second tier" companies, including the new ANACS.

    And on some occasions I have seen ICG coins that were very accurately graded.
    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 ... ?
  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭


    << <i>I would leave ANACS coins, but I do not consider the others a "true grading company" outside of PCGS, NGC, and ANACS! >>



    Wow!!! What an ignorant statement.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Careful there buddy! I just did the same thing, but it was a SEGS holder. >>

    Did you need dynamite to get the coin out? Those SEGS slabs are as indestructible as Keith Richards.
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>I know one of the chief graders at ICG. I would not be that harsh on the company. It's better than any of the "made for eBay" graders, and their work is on a par with the other "second tier" companies, including the new ANACS. >>

    Historically I think ICG has been as good as anyone on circulated coins and perhaps low MS coins. It's the highest grade coins -- largely but not excuisively moderns -- where ICG tended to overgrade badly. But my experience has been that a circulated ICG coin is as likely to be properly graded as anything (except that the crackout game has left most of their "bad work" intact while eliminating evidence of their good work).
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    ICG gets some bad press here. However, in years past, I have acquired several ICG coins that were accurately graded. There are bargains to be had, so look carefully and buy the coin. Cheers, RickO
  • scottgardenerscottgardener Posts: 1,205 ✭
    I would cross it to PCGS, but don't expect an upgrade. Gold tends to be a lot more strict than Morgans. I used to use Morgans as a reference point for grading gold, but I consistently kept overestimating. Morgans seem to be given a lot more leeway for having scratches and dings.
    Improperly Cleaned, Our passion for numismatics is Genuine! Now featuring correct spelling.
  • fiveNdimefiveNdime Posts: 1,088 ✭✭


    << <i>I,m working on a dansco franklin album and all the coins were formerly housed in pcgs/ngc holders........free free.set them free >>


    image
    doing the same with WLH, many good deals on other TPG slabs image


    dont be tempted by the dark side...
    you must do what you feel is right.

    i would leave the gold as is.

    BST transactions: guitarwes; glmmcowan; coiny; nibanny; messydesk
  • mozinmozin Posts: 8,755 ✭✭✭
    If you can return the coin, return it. Next time buy PCGS.

    If you want to keep the coin, send it to PCGS for crossover.
    I collect Capped Bust series by variety in PCGS AU/MS grades.

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