Anyone know of ACG Accugrade?

Discussion in 'Coin Chat' started by panamagold, Nov 14, 2009.

  1. panamagold

    panamagold Junior Member

    Saw a coin for sale in their slab, did some searching and found this link:

    http://www.swcgs.com/ASA_v_ANA.html

    Where they a legit group or similiar to the self slabbers?

    PG
     
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  3. rlm's cents

    rlm's cents Numismatist

    They are the originator of the slab. ANACS used their slab when they started slabbing coins. However, most every coin I have seen in their slab of late has been overgraded. They are not a "self slabbing" company, just that they overgrade.
     
  4. redwin117

    redwin117 Junior Member

    Yes it is real! Mr. Alan Hager of Accugrade is the ONE invented of slabbing coin and also professional experts grading of coin & cards. Slabbing coin start in 1984 follow by PCGS 1986 then NGC in 1987. The Lawsuit is real. In year 2000 I met mr. Alan Hager in Baltimore, Maryland, March. He personally graded my coins in Baltimore Coin Show. Here's one of the slab that he graded in youtube
    http://www.youtube.com/watch?v=k9MMcHnmqFU
    http://www.pennyondime.com
     
  5. hontonai

    hontonai Registered Contrarian

    Inaccugrade would be far more descriptive than their current name.
     
  6. panamagold

    panamagold Junior Member

    O.K., if I where to buy an Accugrade coin, how many grades should I spot them?

    PG
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    They are the reason that all of the other scam artist TPG's exist. People saw ACG getting away with gross over-grading for years. They figured, hey, if he can get away with it so can we. And they did.

    Never buy a coin in an ACG slab unless you are very good at grading and authenticating yourself. May as well just burn your money as buy coins slabbed by them - it'll save ya time.
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    Anywhere from 2 to 5 - and sometimes it's worse for they slab problem coins as problem free coins.
     
  9. panamagold

    panamagold Junior Member

    I figured it wouldn't be all bad to buy an ACG since it would give you a better chance of getting an authentic coin. Also figure you could just spot them a couple grades. Did they ever grade more than +2?

    PG
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    Don't count on that either, they have slabbed their share of fakes as well.

    As I said, never buy a coin in an ACG slab unless -

    1 - you are very good at grading yourself

    2 - you have to ablilty to recognize all forms of problem coins

    3 - you can authenticate the coin just by looking at it in a slab

    Now, I only know of a handful of people who can do all those things. So what does that tell you that you should do when you see a coin in an ACG slab ?
     
  11. hontonai

    hontonai Registered Contrarian

    How wrong can one person be?
    More often than not.
     
  12. ldhair

    ldhair Clean Supporter

    There are some interesting names in that link.
    Lots of good people got stuck in that mess.
    It was a crazy time in coin history.

    There was one thing really cool. Many varieties were put in those slabs but not shown on the label and many folks did not even take the time to look at the coin because of the holder it was in.
     
  13. jaceravone

    jaceravone Member

    GD....you forgot one....
    If you can buy the coin for below melt....I guess at that point you need to refer to GD's rule number 3. Fortunately, not many people are faking IKEs these days. Just bought 4 silver IKEs in Accugrade slabs for below melt. Going to be cracking them out, here in a few minutes unless someone can give me a reason why they are worth more in these slabs.
     
  14. green18

    green18 Unknown member Sweet on Commemorative Coins

    From what I've read....keep crackin' Joe.
     
  15. Lather

    Lather Time traver Numismatist

    Why are the listing links from the site "Removed" from Ebay?
     
  16. green18

    green18 Unknown member Sweet on Commemorative Coins

    What listing sites from e-bay?
     
  17. Lather

    Lather Time traver Numismatist

    Not sure,,I clicked on the link above.. then looked at coins for sale.. Morgans and clicked on a couple from the site and it sent me to a closed (removed) auction.. I will try to go back to see....It was odd
     
  18. Jim M

    Jim M Ride it like ya stole it

    Like our very own Peter T Davis.. : ) GO get em Peter. I know 8 of the defendants. LOL. I must travel in bad company...
     
  19. Lather

    Lather Time traver Numismatist

  20. jaceravone

    jaceravone Member

    Cr....crac....crack.....cracke......cracked out baby!
     
  21. clembo

    clembo A closed mind is no mind

    I once saw a slabbed coin. It was a Franklin Half Dollar graded MS63 3/4 Full Bell Lines. It may have been an MS63 but I was laughing so hard that I couldn't see through my tears. 3/4 Full Bell Lines? I call this reaching.

    OH.

    It was an ACG slab.

    At the risk of being sued (by ACG) I'd really follow the comments left by GDJMSP.
     
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