How often do you see ICG graded coins at shows?

291fifth · September 25, 2006 9:23AM

This question is just what it says. Nothing is implied.

Do you see many ICG graded coins at shows in your area? What is the area?

DennisH · September 25, 2006 9:24AM

Less and less all the time. (SoCal).

a039 · September 25, 2006 9:26AM

About 10% of the slabbed coins are ICG here in Cali...You can do some cherry picking because they normally sell at a discount partly because of slab fever .....

ANACONDA · September 25, 2006 9:30AM

Hardly ever see them anymore.

morgansforever · September 25, 2006 9:34AM

<<This question is just what it says. Nothing is implied>>

I see them far less than PCGS, NGC, ANACS, PCI. I find the ICG graded coins are graded fairly. I own a few ICG slabs, and have no problems with the assigned grades. I also like the look, and feel of the holder. Matter of opinion.Vermont

koynekwest · September 25, 2006 9:38AM

Very rarely. But, they're just as good as the "Big Boys", and MUCH better than "Number Two"-at least on most things. It's all just part of the artificial game of "No One Else Counts" perpetuated by the PNG, the Big Two slabbing companies and others with vested interests. Learn to grade on your own-i.e-grade the COIN-not the PLASTIC. Too many collectors nowadays just can't-or won't-practice this basic skill.

morgansforever · September 25, 2006 9:38AM

ICG

There home page has changed. It's more streamlined.

morgansforever · September 25, 2006 9:41AM

Does ICG offer a pop. report??

jamakin · September 25, 2006 10:15AM

I own more than a few ICG slabs. Buy the coin not the slab is my usual thought when I do end up buying ICG. The nice price discount is a big help too. I own some high grade platinum in ICG plastic , most of it bought near spot prices.

KISHU1 · September 25, 2006 10:39AM

In New Jersey if you see them they are in the discount bin.

jdimmick · September 25, 2006 11:09AM

Never thought about it, but I have seen far fewer than i used to see.

zzzz · September 25, 2006 11:19AM

I like them ... They are easily acquired usually very reasonably and I've had very good sucess crossingthem to PCGS at the grade. One even became a pop 1 at PCGS.

Let me preface it by saying the older graded ICG coins not the MS70's of late

Bochiman · September 25, 2006 11:20AM

I see a few...they usually don't move and are at the same dealer's table show after show, after show, after show
Some morgans some other, but mainly moderns (usually SHQ)

BigE2 · September 25, 2006 11:34AM

Not nearly as much as I used to. Used to be able to get bullion at a couple % over melt. Some very nice IHC's too

foodude · September 25, 2006 12:04PM

I see them at every show I attend, which is about 35 shows a year. This year these shows include: CO, FL, IL, MN, ND, OH, and WI.

JLW · September 25, 2006 12:32PM

ICG=I Can't Grade? Not too common here on the left coast.
Joe

500Bay · September 25, 2006 12:42PM

A population report would be helpful.
It seems like they do a lot of moderns for the TV promoters.
I know they do a fair amount of ancients.

It would be interesting to see exactly how many coins they do grade a month...

TCoins · September 25, 2006 12:53PM

I see them at every show. Quite common. And I agree they are usually graded correctly. I like them better than ANACs or NGC.

GoldenEyeNumismatics · September 25, 2006 1:06PM

I'd say 5%-10%

ICG is being considered a TPG now and are gaining wuite a bit of popularity. Some people prefer them over NGC

GoldenEyeNumismatics · September 25, 2006 1:09PM

<< <i>ICG

There home page has changed. It's more streamlined. >>

As long as we are talking about finely made websites, try this one out. I think they flatter themselves quite a bit

ACG

Burks · September 26, 2006 2:34AM

Rarely do I see an ICG slab in my area. Lots of PCI and newer ANACS slabs though.

I actually prefer ICG over ANACS any more. More of the ICG coins are (to me) comming out closer to the actual grade that PCGS/NGC would have given it. Their slabs are interesting as well, very nice people too.

StrikeOutXXX · September 26, 2006 2:45AM

A fellow in my coin club had a few ICG slabs he was shopping cheap to the rest of the club. He wasn't shy in telling us why he had them. He said he buys a lot off of eBay/local coins shows in Erie as they usually sell cheaper than PCGS. He sends them in for crossing to PCGS, and 90% of the time they cross. I gave him a raised eyebrow like - why untill he explained.

He can buy a $100 coin for $60 because the stigma is ICG overgrades their coins. Then he sends them for crossing to PCGS and his figures were "about 90%" cross. He can then sell his $60 purchase for $100 and make about $25 a coin after fees.

What he was shopping to us were the ones that didn't cross. Makes sense to me

Prethen · September 26, 2006 3:15AM

Tons of 'em here in the Denver area. I see plenty at the various shows I go to. There's more than a few dealers that swear by them. Yes, they have they're mistakes, like the other services, but they're rock solid in the classic grading arena.

coppercoins · September 26, 2006 5:07AM

I see them pretty regularly at the bigger shows. Some dealers have plenty of them, others have just a few. Many have none.

Area is central U.S. from Texas to Illinois, Louisiana to Iowa generally.

Woodwind · September 26, 2006 5:12AM

At the February Long Beach show, I noticed that relatively few ICG coins were on display compared to NGC/PCGS, but after going through some of the boxes of slabbed coins not on display they were quite common.

PonyExpress8 · September 26, 2006 5:23AM

I see some here in the area. More than PCI or SEGS. My sense is they are gaining on ANACS as well.

I just successfully crossed an ICG Deleware 65 to NGC. There grades are pretty consistent and I have had good luck with them to date.

I think they may be the most consistent grading service with maybe PCGS being close to the same at this point.

NGC is sadly more inconsistent recently in my view. They are definitely trying to grade tougher now to keep from sliping away from PCGS but not consistent. Having taken the grading class and used the ANA grading set, I have to say anything you send to them now is going to be one grade lower than the set and in about 30% of the cases 2 points, period.

Would it be too much to ask for consistency from any of the TPG's.

I think ICG may be the winner on that issue.

If I see an ICG coin that I am interested in I am more than willing to give it a good long look.

ABC123 · September 26, 2006 5:24AM

Not Much !

Steve27 · September 26, 2006 5:34AM

It depends on the dealer. One dealer who shows up irregularly at the local coin show, has a box of modern commemoratives in PR70 for $70 each. Needless to say, he doesn't sell any.

CoastGuard · October 16, 2006 12:48PM

In the mid-south and midwest I see them at every show and look to buy them. Of course they are not as common as the BIG TWO. About 8-10% is right. Some people will say dealers discount them but when I ask for a discount I don't get one any better than a SEGS or ANACS graded coin. I am looking at everything before 1960 and the grading is very accurate. So, if I could get a dealer to heavily discount I'd buy more. The dealer doesn't heavily discount it either because he knows the grade is accurate. He can just as easily crack it and send it to PCGS and hope for upgrade like I can if the goal is to crossover.

I really admire their independent concept and policy of not allowing ownership by coin dealers in order to keep the conflicts of interest at zero. I get the idea ICG is more popular with the solid collectors, not investors or quick buck artists.

robertpr · October 16, 2006 1:12PM

Interestingly, they also fit perfectly in the NGC boxes alongside NGC and PCGS coins.

mozin · October 16, 2006 2:27PM

I think a lot of ICG coins are submitted to PCGS for crossover. In my field of collecting, what I see in ICG holders looks as good as PCGS. Certainly, ICG is tougher on Busties than NGC or ANACS.

19Lyds · October 16, 2006 2:40PM

Well I run across them every now and agian and I have even purchased a few! I hear that ICG is getting its act together (especially since Cammy joined the forces) and ICG crossover rates are very high!

Nuther question, Did you every drink too much wine and then try to type? It can be quite challenging..............

Barry · October 16, 2006 9:00PM

I'd say 5% of slabs at the shows I attend, which brings up an interesting question...

If you look at their ad in Coin World, they picture 6 or 8 graders. They must be grading a lot of coins to justify the staff. Where do those coins go?

RYK · October 16, 2006 9:05PM

I certainly see the slabs at all of the shows, but they seem to lack a specific US coin niche. The high-end dealers and coins gravitate to PCGS and NGC slabs, and the scammers and problem coins to SEGS and PCI (or ACG or whatever). ANACS has the varieties niche and the niche for nicer cleaned and damaged coins, as well as a loyal local following because of their histroy of a strong presence at shows. ICG does not seem to dominate in any one area.

INXS · October 16, 2006 9:42PM

<< <i>Does ICG offer a pop. report?? >>

Just before James Taylor left he said they were working on something. I havent seen or heard anything more about it. I think it was just a couteous blow off.

BAJJERFAN · October 16, 2006 9:50PM

<< <i>He can buy a $100 coin for $60 because the stigma is ICG overgrades their coins. Then he sends them for crossing to PCGS and his figures were "about 90%" cross. He can then sell his $60 purchase for $100 and make about $25 a coin after fees. >>

I thought crossover service was $30 a shot or does he crack them out and submit under economy service?

LEAP269 · November 6, 2006 4:05PM

ICG slabs are certainly in the iowa shows. i only own a few of them.

WoodenJefferson · November 6, 2006 4:22PM

I never did like the the "funky" shape of their holders. I guess they are designed like that for "instant recognition" but that hasn't seemed to have helped much.

I've come across dealers who swear by them, or at them once I wonder off for greener pastures.

I've had some Franklins in them, traded up for a loss, but was happy with what I got for them in the end.

BigAl · November 6, 2006 4:32PM

ICG is on the mark when it comes to Morgans.

Unfortunatly you don't see too many Morgies in ICG holders anymore....with the exception of common date non-desig widgets.

Current Morgan listings on Ebay w/ the following TPGS in the auction title:
PCGS - 833
NGC - 1014
ANACS - 305
ICG - 44

Dog97 · November 6, 2006 4:34PM

I see more pcgs, ngc, anacs, & pci than I do icg. segs & icg tie for 5th most common from what I noticed.

Barndog · November 6, 2006 10:11PM

some dealers have a large proportion of ICG slabs, some dealers have none. I don't concern myself with the plastic, just what is inside. I believe two coins in my collection are former ICG coins (cracked out like the PCGS, ANACS, SEGS, and NGC ones)

mojorizn · November 6, 2006 10:38PM

I've apparently been away from the forum for too long. Do I see them? Yes. More than I should IMO. In my areas of interest I have to say they couldn't hit water if they were throwing rocks out of a boat. Buffalo nickels? Forget it. CN Indians? Forget it. Standing Liberty Quarters? Well, now I'm just repeating myself.

Mojo

Zoins · November 7, 2006 12:07AM

Seems like every TPG needs a pop report and registry in order to get people to "collect their plastic." Without a pop report and registry I think people will just continue crossing high grade coins. I hope they are working on those two.

As for ICG graded coins being sold at a slow rate, more power to the person that goes through them to find deals. I personally find more satisfaction in finding overlooked treasures than just getting what's currently hot. Buy the coin and seek overlooked treasures.

BillJones · November 7, 2006 2:14AM

You don't see a lot of ICG holders here at Florida shows. Mostly it the "big two" plus that green insert holder company that does not rate a spot for its company name in my memory banks.

pf70collector · November 7, 2006 2:22AM

I bought one ICG PF 70 $1 Silver Capitol Commemorative a few years back for $30. I was going to send it to NGC or PCGS just to see if it would cross but never did. One day I might.

How often do you see ICG graded coins at shows?

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