How accurate are ICG graded coins....anyone?

drddm · February 11, 2007 9:14AM

I was just curious what experience people have had either crossing ICG graded coins in their slabs or cracking them out first and then sending them in to PCGS. Do they that often go down a point or stay the same grade?

I know each coin is different and must be judged individually but I was just curious as to the overall grading accuracy at ICG?

Are ICG holders similar to OLD Green PCI Holders when PCI would grade coins a little more conservatively?

Thanks for your help and opinions.

JJM · February 11, 2007 9:22AM

this is a ICG coin that I cacked out for my Dansco Set, I am quite please with the coin, and the grade,...I do however think
they are way to liberal with modern Stuff

drddm · February 11, 2007 9:24AM

Does that mean you think ICG grades older coins more conservatively (accurately)?

Anyone else?

clarkbar04 · February 11, 2007 9:26AM

I had an ICG graded walker once, I thought it was accurately graded.

cape · February 11, 2007 9:29AM

i hope cam is here, icg coins usually cross at the same grade to pcgs and sometimes they upgrade!

JJM · February 11, 2007 9:32AM

<< Does that mean you think ICG grades older coins more conservatively (accurately)?

Anyone else? >>

Based on my limited exp with ICG yes, but I see all the moderns way to liberaly given a 70 with ICG

jmski52 · February 11, 2007 9:32AM

,...I do however think
they are way to liberal with modern Stuff

I disagree. I bought some 2001 Proof Gold Eagles. Some were raw, some were ICG and one was a PCGS. The ICG ones were far superior to the others. I sold the others and kept the ICG coins.

Having said that, my experience should not be generalized.

GAT · February 11, 2007 9:36AM

I have had no problems crossing ICG Morgans up to MS65 in grade to PCGS by cracking them out first. Have no experience above MS65. Be warned, one of ICG's graders is a regular poster here but I doubt if he will post to this thread.

Barndog · February 11, 2007 9:41AM

I have been pleased with my purchases of lightly-circulated bust half dimes in ICG holders.

Rodius · February 11, 2007 9:42AM

I have cracked out serveral ICG and submitted to PCGS. About 50/50 on equal/upgrade. Never got a lower grade. I do think they are more accurate than NGC, never got an upgrade from an NGC on crack outs and always got DNC from crossover. I buy will buy an ICG before and NGC.

drddm · February 11, 2007 9:55AM

Thanks everyone.

I appreciate the opinions.

19Lyds · February 11, 2007 10:00AM

My ona and only experience with an ICG coin was a 1935-S Peace dollar that ICG graded at MS64.

PCGS just so happened to agree with their grade!

I think if you are having coins graded today that their grades and prices are very competitive.

JJM · February 11, 2007 10:00AM

the holders are butt ugly IMO though.

sweetwilliet · February 11, 2007 10:01AM

I agree with the above. I have limited experience with them, but the coins have been accurately graded I have seen (I don't collect moderns, just morgans, and there may be a difference.) Watch out, some may not want you to know their secret of buying ICG coins that don't carry the premium PCGS does, then cross them over for a quick sell.

(Of course, buy the coin, not the holder.)

Paleodale · February 11, 2007 10:13AM

I've had good and bad with all of them..

I tend to recieve more coins graded MS69 from NGC that have bag marks,, which to me if it has a noticable bag mark it should grade MS64,, How could any coin with a bag mark grade that high ????

Cameonut · February 11, 2007 10:22AM

My experience with ICG has not been as positive as many of the previous posts.

For 1950-64 cameo proof coins, I find that ICG is one to two points higher than PCGS but is ususally about the same for Cameo/Deep Cameo designation.

dthigpen · February 11, 2007 10:22AM

I'm not a fan of ICG and the company they keep (excluding Cameron, he's ok, it's a shame he didn't get a job elsewhere though).

RYK · February 11, 2007 10:25AM

My n=2 experience is as follows:

I purchased two ICG MS-63 Saints a few years ago. One crossed to 63 at PCGS, and the other upgraded to 64.

ziggy29 · February 11, 2007 10:26AM

<< Does that mean you think ICG grades older coins more conservatively (accurately)?

Anyone else? >>

For classics, at least those which are circulated and low MS (say up to 63 or 64), they are as good as anyone in my opinion, and I do mean *anyone*. On moderns, though, they are way looser than the other majors.

GAT · February 11, 2007 10:27AM

I should add. ICG is the only other grader that Teletrade will allow their coins to be sold besides the big three, PCGS, NGC, ANACS.

Coxe · February 11, 2007 10:27AM

The MS Morgans I have gotten have, for the most part, been accurately graded and the few I have tried to cross have crossed to the best of my recollection.

drddm · February 11, 2007 10:30AM

Do most people here feel they have a better shot at getting the PCGS grade they want from a coin in an ICG holder if its cracked out first before sending it in to PCGS?

dthigpen · February 11, 2007 10:30AM

<< Do most people here feel they have a better shot at getting the PCGS grade they want from a coin in an ICG holder if its cracked out first before sending it in to PCGS? >>

If it deserves it, yes.

roadrunner · February 11, 2007 10:30AM

The mid-grade 19th century MS/PF 64 to 65 type coins I have run across (bust, barber, seated) tend to be slightly overgraded. Like anything else, if the coins were easily crossable why the heck would they stay in the ICG holders?

roadrunner

Coxe · February 11, 2007 10:37AM

<< The mid-grade 19th century MS/PF 64 to 65 type coins I have run across (bust, barber, seated) tend to be slightly overgraded. Like anything else, if the coins were easily crossable why the heck would they stay in the ICG holders?

roadrunner >>

Because, unless they have changed hands several times since they were ICG slabbed, none of the owners may have felt compelled to cross them. Because the expense in crossing isn't worth it. Because they are borderline in grade. There are reasons. Why are there still occional 1st gen and OGH holdered coins that haven't been upgraded that have decent shots? Same thing.

Unknown · February 11, 2007 10:46AM

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cape · February 11, 2007 10:53AM

icg has some of the industries best graders and are really strick on grading all classics. in my oppinion they are a much better grading company than ngc.

cape · February 11, 2007 10:55AM

pcgs is the leader and then icg, ngc , anacs, segs and nobody else.

drddm · February 11, 2007 11:00AM

Is SEGS really behind ANACS?

I haven't heard too many good things about them, but that's just me.

I have never bought anything except for PCGS, NGC, very rarely ANACS, and just today got my first ICG coin which I hope to cross at PCGS.

We'll see what happens.

dthigpen · February 11, 2007 11:03AM

<< pcgs is the leader and then icg, ngc , anacs, segs and nobody else. >>

Coxe · February 11, 2007 11:06AM

<< Is SEGS really behind ANACS?

I haven't heard too many good things about them, but that's just me.

I have never bought anything except for PCGS, NGC, very rarely ANACS, and just today got my first ICG coin which I hope to cross at PCGS.

We'll see what happens. >>

Depends on the epoch. I regard earlier ANACS to be top notch. They get an unfairly bad rap today from newbies because what they see is the remnant after (per market demands) the typical and conservatively graded stuff has long since crossed to PCGS and NGC. Many of us with older collections still have great ANACS coins in those original holders, probably to be crossed before disposition though.

vega1 · February 11, 2007 11:11AM

If you use the 'search' function on this forum and you will find literally hours worth of reading on this topic. Good hunting.

BobaFett72 · February 11, 2007 11:13AM

looks like the positives are outweighing the negatives.

GoldenEyeNumismatics · February 11, 2007 11:19AM

they are great with US coin but aweful with ancients

vega1 · February 11, 2007 11:19AM

As I said, use the search function. Personally I would not say that ICG has a positive reputation. Not being dramatic, its just that there have been many threads about ICG's grading of moderns, and how they stack up to the other services overall.

How accurate are ICG graded coins....anyone?

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