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...Have a 2001 ICG..MS70.

EJBEJB Posts: 640
in U.S. Coin Forum
.........1/10 oz....Gold Eagle........I would like to crack it for a type set.........Is this stupid, or should I wait................Everybody says ICG Sucks.....are they as bad as SGS or just a so so company.....Your opinions are appreciated.............Thank You....................image

Comments

  • dthigpendthigpen Posts: 3,932 ✭✭
    When it comes to that type, they're as bad as SGS. Just crack it out.
    Mr. Thigpen

    Self Indulgence | Holey Coins | Flickr Photostream
  • EJBEJB Posts: 640
    .......Sounds like HAMMER TIME Thanks.......image
  • BladeBlade Posts: 1,744 ✭
    Crack
    Tom

    NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.

    Type collector since 1981
    Current focus 1855 date type set
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    ICG doesn't suck for coins graded about 63 and under; in that range they're as good as anyone, including PCGS. But above 65, they seriously overgrade. The 64/65 range is a crapshoot.
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    ICG is also generally pretty good on Morgans (at least, from what I saw).
    For moderns, well, sight seen and even then, when you go to sell, people will discount.

    Crackity crack crack!

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • MyqqyMyqqy Posts: 9,777 ✭
    Get crackin'........
    image
    My style is impetuous, my defense is impregnable !
  • CoastGuardCoastGuard Posts: 159
    Only everybody intensely loyal to one grading company thinks that. People here are fond of saying you might have to sell it at a discount but I haven't found a dealer with an ICG coin to back up the talk of discounts. They won't discount it enough to know the difference. I've tried to get these so called discounts and no dice.

    My experiece with ICG has been great accurate and consistent. You must look beyond the superior marketing and find out who is doing the grading. The people at ICG have wonderful reputations for grading. We don't always know who the actual grader will be at the commercially successful grading companies owned by the dealer community. But, their product is well respected too
    Satisfaction lies in the effort, not in the attainment. Full effort is full victory. -Gandhi
  • CladiatorCladiator Posts: 18,246 ✭✭✭✭✭


    << <i>Only everybody intensely loyal to one grading company thinks that. People here are fond of saying you might have to sell it at a discount but I haven't found a dealer with an ICG coin to back up the talk of discounts. They won't discount it enough to know the difference. I've tried to get these so called discounts and no dice.

    My experiece with ICG has been great accurate and consistent. You must look beyond the superior marketing and find out who is doing the grading. The people at ICG have wonderful reputations for grading. We don't always know who the actual grader will be at the commercially successful grading companies owned by the dealer community. But, their product is well respected too >>

    Show me a modern bullion coin graded MS70 by ICG that is actually an MS70 and I'll be impressed. Why is it that hundreds of MS70's and PR70's come out of ICG but only a handfull from PCGS and NGC?
  • vega1vega1 Posts: 941 ✭
    ICG 70s exist in large numbers (relatively). It could be argued that this is because they overgrade, or because everyone sends their best coins to ICG, or maybe their definition of 'perfect' is loose. Regardless of the reason, the result of this is that an ICG 70 is never (IMO) respected as a 'true' 70...... crack it.
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭
    >>

    Show me a modern bullion coin graded MS70 by ICG that is actually an MS70 and I'll be impressed. Why is it that hundreds of MS70's and PR70's come out of ICG but only a handfull from PCGS and NGC? >>




    Marketing.
  • CladiatorCladiator Posts: 18,246 ✭✭✭✭✭


    << <i>or because everyone sends their best coins to ICG >>

    Highly unlikely.
  • jabbajabba Posts: 3,176 ✭✭✭✭✭
    CRACK IT!

    https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923

    https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923

  • goose3goose3 Posts: 11,471 ✭✭✭


    << <i>Show me a modern bullion coin graded MS70 by ICG that is actually an MS70 and I'll be impressed. Why is it that hundreds of MS70's and PR70's come out of ICG but only a handfull from PCGS and NGC? >>




    show me ANY coin that is truly MS or PF70. The plastic might be but there is no such animal.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>My experiece with ICG has been great accurate and consistent. >>



    For what coin types have you found this to be the case?

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,599 ✭✭✭✭✭
    yup, thiggy and the bunch is correct, plus what cladiator says....
    Crack it out !
    Not because it's in an ICG holder, but because someone had the audacity to call it a 70... sheesh.

    I trust any one of you could put a 5x loupe to any coin and find a flaw. WHY ?

    I'd be willing to bet a PCGS graded 70 resubmitted in it's plastic might go down a notch !... ooops, not betting image how about sixty nine point nine ?

    Now that gold in a type set that is complete ? THERE IS A 70 !!!!!!!!! how you say ? Schweeeeeeet !

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

  • FatManFatMan Posts: 8,977 ✭
    You really shouldn't come here to get opinions on bullion and ICG. Most of your replies have come from members that have never bought or sold holdered bullion. You would be throwing money away to crack that coin. ICG MS70s do bring a premium to raw bullion. Here is a link to the last one sold on ebay. It sold for $90 after receiving 12 bids. Go buy a raw gold eagle at near melt and sell the one you have on ebay. You may not get $90 for it but you will certainly do better than melt, which is all it will be worth once cracked.

    Edited to add: the same holds true for PCGS and NCG MS70s. They will only be worth melt once cracked as well. The premium exists for the plastic, not the coin.
  • 291fifth291fifth Posts: 24,687 ✭✭✭✭✭
    I gave my neice a 1998 ICG MS70 1/10 Oz. Gold as a birthday present last year. (She was born in 1998.) I had bought the coin from my local dealer for about $5 over melt, already slabbed. I looked the coin over very carefully and couldn't find a mark on it. The slab protects the coin very well and I would much rather have it slabbed than raw.

    I would say that you should leave the coin in the slab.
    All glory is fleeting.
  • CoastGuardCoastGuard Posts: 159
    I forgot to add there are those of us who believe the U.S. Mint using modern methods, can produce a MS-70 coin and we have seen them to attest to it. Some others,.and they are not all old-timers, believe it is virtually impossible to make a perfect coin and distrust anything with that grade no matter who the TPG is. Over the years, they learned that MS-70 coins are all puffery and marketing and would never be willing to change their mind despite any evidence to the contrary. You know what, that's OK too!
    Satisfaction lies in the effort, not in the attainment. Full effort is full victory. -Gandhi
  • relayerrelayer Posts: 10,570 ✭

    If you can sell it for more than a raw or PCGS/NGC 69 would cost you, sell it, and buy one of those and crack them out.
    image
    My posts viewed image times
    since 8/1/6

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