quality in the different grading companys?

Discussion in 'Coin Chat' started by orionmike73, Nov 25, 2008.

  1. Derek2200

    Derek2200 Well-Known Member

    Agree - I have found ICG coins to be accurately graded. In crossing a couple to PCGS I cracked them and did not submit in the ICG holder. Got the same grade. I too like ICG coins plus their holders stack nicely.

    Frankly I have been going to quality, scarce world coins - no gray sheet, holder, or sticker game. Plus it gives me something for my table at shows the Big Gun US Coin dealers don’t have.
     
    Last edited: Nov 23, 2019
    GoldFinger1969 likes this.
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    It's important that folks realize that there is a difference in talking about specifics and generalities. A great many coins that were graded and slabbed by ICG and ANACS have been crossed equally, or even upgraded, when submitted to NGC or PCGS. But many have been downgraded when crossed. And similar things are true when coins are crossed between NGC and PCGS. They can cross, be downgraded or upgraded.

    The generality that exist is that each of the TPGs, all 4 of them, are known to tougher on grading, and/or more lenient on grading than the others when it comes to specific coin types and/or series. And with some types or series they may all four even be equal.

    All of that said, in today's world, all four of them overgrade coins far more often than not.
     
  4. John Wright

    John Wright Well-Known Member

    [​IMG]
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  5. John Wright

    John Wright Well-Known Member

    WOW! An 1800-year-old Lincoln cent!
     
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  6. whopper64

    whopper64 Well-Known Member

    Don't sell ANACS short, as they were the first TPG founded by ANA in 1979. I feel confident in purchasing an ANACS graded coin, even though many defer to NGC or PCGS. I tend to look at the coin, not the holder. Just my two cents worth.
     
    Jayyk38 likes this.
  7. Jeffjay

    Jeffjay Well-Known Member

     
  8. Jeffjay

    Jeffjay Well-Known Member

    I'm waiting for someone to start a business critiquing CAC coins.
     
  9. Mike Thorne

    Mike Thorne Well-Known Member

    I'm not saying I agree with it, but a large dealer once told me that ICG stands for "I can't grade." There's a good saying that's been around for awhile: Buy the coin, not the grade on the slab. For what it's worth, most of my coins are in PCGS slabs. I also like to have them with CAC stickers. For what I consider off-breed coins, I've used ANACS (foreign gold) and NGC (hammered British coins). I believe in having virtually all of my coins (other than junk silver) certified as an aid to my heirs.
     
    Stevearino likes this.
  10. Lehigh96

    Lehigh96 Toning Enthusiast

    Got anyone in mind?
     
  11. Conder101

    Conder101 Numismatist

    Has John Albanese left CAC?
     
    ldhair and Lehigh96 like this.
  12. Kentucky

    Kentucky Supporter! Supporter

    Perhaps @Insider should see post #20
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    Witty perhaps but far from true. Ya see, the grade on the slabs doesn't have anything to do with the ability or skill of the graders who work at the TPGs. The reason for the grades assigned goes back to this -

    In other words, the individual grader may personally think the coin is a MS63, or VF35. But the company standards dictate that it is a MS65, or XF45 - and that's the grade that is put on the slab.

    If you check the staff, the names of the people who do the actual grading at ICG and ANACS, some of them are universally recognized as being some of the best, the most knowledgeable graders there are in the business. But their personal opinions on grade don't matter because they have to assign the grades they are told to assign. Assuming they want to keep their jobs.
     
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  14. Insider

    Insider Talent on loan from...

    whopper64, posted: "Don't sell ANACS short, as they were the first TPG founded by ANA in 1979."

    Unfortunately you are very misinformed and are spreading nonsense. However, you and others cannot be blamed. For many years in the past, the ANA claimed ANACS to be the first coin grading service. Eventually, this bold face LIE :smuggrin: was put to rest.

    ANACS was the FIRST authentication service. INSAB was the SECOND Authentication service and the FIRST GRADING service. I worked at both. INSAB is now out of business. Therefore, ANACS can correctly claim (as they do now) to be THE OLDEST grading service.

    I feel confident in purchasing an ANACS graded coin, even though many defer to NGC or PCGS. I tend to look at the coin, not the holder. Just my two cents worth.


    There are examples of over-graded, under-graded, and mostly correctly graded coins in each of the four major TPGS. Learn to grade for yourself and use the label as just an informed opinion for the commercial market.
     
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  15. Derek2200

    Derek2200 Well-Known Member

    I have some anacs and ICG coins / No prob with grading on mine. Certainly the market dictates Pcgs / ngc. I Sometimes wondered if this was due to bias from big gun dealer submitters plus certain super rich collectors financing them.
     
    Last edited: Nov 29, 2019
  16. GDJMSP

    GDJMSP Numismatist Moderator

    No, it's primarily due to advertising and ill conceived perceptions and beliefs, plus a lack of general knowledge.
     
  17. Jeffjay

    Jeffjay Well-Known Member

    Every collector has made mistakes when they are new to the Hobby. I think the best advice I can give someone is to never be in a hurry to obtain coins. Scour the market and when the time comes for that coin you really want you will know it for sure.
     
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