History of top four grading services?

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logger7
logger7 Posts: 9,857 ✭✭✭✭✭
in U.S. Coin Forum

Possibly someone in the know could fill in my gaps of knowledge of the history of PCGS, NGC, Anacs and Icg. Both PCGS and NGC started in the 1980s. Anacs emerged before them. ICG came in around 2000 and then changed ownership some years later and moved from Colorado to Florida. Mr. John Albanese was with NGC I understand around its time of formation. Thanks for the help.

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  • Treashunt
    Treashunt Posts: 6,748 ✭✭✭✭✭
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    For ANACS History:

    https://coinweek.com/education/coin-grading/history-first-third-party-coin-grading-service-anacs/

    good article

    Frank

    BHNC #203

  • Treashunt
    Treashunt Posts: 6,748 ✭✭✭✭✭
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    ICG

    ICG - Independent Coin Grading : "ICG's attractive, tamper-evident holder is sonically sealed and features ICG's SECUREGRAMTM hologram system. They also offer a Intercept Shield. Intercept was developed by Lucent Technologies Bell Labs. It helps prevent your coins from spotting, discoloring or tarnishing for years. It is used by more the four hundred of the Fortune 500 companies. The Intercept Shield gasket and box system is available exclusively from ICG".

    in business since: 1998

    holder size: normal

    website: http://www.icgcoin.com/

    phone number: 877-221-4424 x203 Fax: 303-221-5524

    SOURCE: https://postman180.tripod.com/coins_slabcompanies.html

    Not as detailed as the first post, but perhaps a start.
    Their site does not have a history

    Frank

    BHNC #203

  • MFeld
    MFeld Posts: 17,131 ✭✭✭✭✭
    edited June 16, 2022 10:40AM
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    @logger7 said:
    Possibly someone in the know could fill in my gaps of knowledge of the history of PCGS, NGC, Anacs and Icg. Both PCGS and NGC started in the 1980s. Anacs emerged before them. ICG came in around 2000 and then changed ownership some years later and moved from Colorado to Florida. Mr. John Albanese was with NGC I understand around its time of formation. Thanks for the help.

    John Albanese started NGC.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • lilolme
    lilolme Posts: 2,993 ✭✭✭✭✭
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    From PCGS 35 year anniversary.

    https://www.pcgs.com/news/pcgs-35-years-on

    https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)

    https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)

    RLJ 1958 - 2023

  • CaptHenway
    CaptHenway Posts: 34,164 ✭✭✭✭✭
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    @Treashunt said:
    For ANACS History:

    https://coinweek.com/education/coin-grading/history-first-third-party-coin-grading-service-anacs/

    good article

    Thank you.
    TD

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • SSR
    SSR Posts: 235 ✭✭✭✭
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    great read.> @Treashunt said:

    For ANACS History:

    https://coinweek.com/education/coin-grading/history-first-third-party-coin-grading-service-anacs/

    good article

    great read. thxs for sharing

    www.paradimecoins.com - Specializing in Top Pop Type PCGS CAC coins. Subscribe To Our NEWPs Mailing List

  • gumby1234
    gumby1234 Posts: 5,901 ✭✭✭✭✭
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    Good read. Do you have a link to the rest of the article?

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • lilolme
    lilolme Posts: 2,993 ✭✭✭✭✭
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    @gumby1234 said:
    Good read. Do you have a link to the rest of the article?

    I can not get it to post. But at the previous link if you copy and paste the title into the search box, then it will show up as an option. Select and it is part two.

    https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)

    https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)

    RLJ 1958 - 2023

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Interesting history thread.... Thanks for the links and commentary. Cheers, RickO

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited June 17, 2022 8:03AM
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    This would be a nice analytical project.

    I am a big picture overview see it all on one page kind of guy.

    If you could make a spreadsheet grid with history (detail page) plus a summary graph page showing number graded, number on eBay, etc. that would be fantastic.

    On the graph you could have a paragraph insert with history overview. On either summary or detail (or both) I would show fee structure.

    I would only do this for the 4 TPG accepted by ebay: PCGS, NGC, ANACS, ICG.

    Investor
  • divecchia
    divecchia Posts: 6,715 ✭✭✭✭✭
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    Excellent read.

    Link to part 2 below.

    Donato

    https://coinweek.com/education/coin-grading/history-first-third-party-coin-grading-service-part-two/

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
  • lilolme
    lilolme Posts: 2,993 ✭✭✭✭✭
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    @divecchia

    You got the link to post. Would not post for me earlier. Also when I just now did a quote of your post it did the same thing and said comment would post after approval. That link does not like me. :)

    https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)

    https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)

    RLJ 1958 - 2023

  • logger7
    logger7 Posts: 9,857 ✭✭✭✭✭
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    @Cougar1978 said:
    This would be a nice analytical project.

    I am a big picture overview see it all on one page kind of guy.

    If you could make a spreadsheet grid with history (detail page) plus a summary graph page showing number graded, number on eBay, etc. that would be fantastic.

    On the graph you could have a paragraph insert with history overview. On either summary or detail (or both) I would show fee structure.

    I would only do this for the 4 TPG accepted by ebay: PCGS, NGC, ANACS, ICG.

    My rough estimate of PCGS and NGC on ebay and in the market is 50/50 on classic certified coins, with a higher percentage to NGC on the moderns. On ebay, for the four services over the years, Anacs has sold more than ICG, but not sure on proportion.

    On history, Anacs and ICG have had changes of ownership, the latter has had more changes, with a completely different crew running the Colorado operation many of which went over to Anacs when it moved from Ohio. ICG's move to Florida involved a completely different management from what I know.

  • Raybo
    Raybo Posts: 5,362 ✭✭✭✭✭
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    What about PCI?

  • logger7
    logger7 Posts: 9,857 ✭✭✭✭✭
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    @Raybo said:
    What about PCI?

    They represent a significant percentage. The question I would have is why people were sending coins to them? Anacs was good and inexpensive, efficient for many years. If you needed money grades you sent coins to PCGS or NGC.

    I got this coin from a dealer who had a large PCI collection in their "gold" holder, probably accurate:


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