American Coin Grading Service

Discussion in 'Coin Chat' started by Detecto92, Dec 21, 2012.

  1. Detecto92

    Detecto92 Well-Known Member

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  3. Cant say ive heard of them but coins look ok to me.
    I use my eyes and grade my coins as its up to me what i like.
    Owning coins you like is much better than paying high dollar just because someone tells you its this grade and to prove it here it is in a nice holder with a highly liked gradeing company to back it up.
    These guys are same as you and i they see a coin just like we all do here.
    No two people see alike and because someone says its this grade dosent make it so.
    The way i see it they make money doing it and seems not many will question them.
    My opinion.
     
  4. Treashunt

    Treashunt The Other Frank

    nope, but the photo is from 1986, so they are long gone
     
  5. Conder101

    Conder101 Numismatist

    I'm shocked! It isn't very often that someone comes up with an OLD company that I haven't seen before!

    I think I can come up with a little information though. My guess is that this company morphed into Independant Grading Service. The certificates of the two companies are nearly identical, the only difference being the portrait of Washington on this certificate and the Loupe logo in the same location on the IGS certificate. Also the disclaimer on the back label of both certificates is identical. Both companies were from Atlanta GA, and the same post office. The only difference being different PO Boxes. This certificate is dated May of 1986, the earliest IGS certificates seen are dated Nov 1986. IGS disappeared in Feb 1987.

    It didn't sell, I should contact the seller and see if they plan on relisting it. I've captured the pictures but I may never have a chance at acquiring one of these.

    There is another company called American Coin Grading Service but it came much later, used slabs, and was located in AZ.
     
  6. Detecto92

    Detecto92 Well-Known Member

    I wonder if this outfit is any relation to ACCGS?

    http://www.accgs.org/

    Kind of a neat concept, grading both sides.
     
  7. 19Lyds

    19Lyds Member of the United States of Confusion

    Grading both sides is not necessarily a new thing since I recall this practice back in the 80's.

    Not that this means anything or that it's even relevent to the post.
     
  8. KoinJester

    KoinJester Well-Known Member

  9. Detecto92

    Detecto92 Well-Known Member

    Wow. If it didn't sell for $71.00 the 1st time, it won't sell for $71.00 the next...

    I don't get eBay sellers who start things high, no sale, then re-list again and again. Start things out cheap and let everyone in. I find that when you list things cheaper, more people bid, and it usually sells higher.

    There are a couple slab sellers that start the slabs out for the NGC or PCGS coin price, crazy.
     
  10. KoinJester

    KoinJester Well-Known Member

    Ive seen where they haven't sold for 5-6 times and they raise the price and it gets snapped up
     
  11. Detecto92

    Detecto92 Well-Known Member

    I guess there just "fishing" for someone to take the "bait".
     
  12. rlm's cents

    rlm's cents Numismatist

    You mean like the icers I sold? Listed them at $9.99 each with no luck. Them $9.99 for 2 with no luck. Than all 6 for 9.99 with no luck again. And again. And again. One last shot and they sold for $100+.

    No, because something does not sell the first time does not mean it will not sell the next.
     
  13. Conder101

    Conder101 Numismatist

    Oh it sold all right. I asked if they were going to relist it and they did with a one day auction. I bought it. I don't care about the coin but I wanted that certificate!
     
  14. Lehigh96

    Lehigh96 Toning Enthusiast

    Congrats Conder101, this ended up in the right hands. When you gonna write a book?
     
  15. mackwork

    mackwork Caretaker of old coins & currency

    Good deal! There are quite a few collectors of these old TPG "slabs" and ACGS graded coins and the paperwork with them are very difficult to find these days. In this case buy the slab, not the coin, applies IMO.
     
  16. fretboard

    fretboard Defender of Old Coinage!

    Good for you Conder! I won't even ask why you want the certificate cause it don't matter, it's yours now. :thumb: Nice looking coin too. :D
     
  17. Conder101

    Conder101 Numismatist

    You mean re-write the book. If I could make myself stay offline I might be able to get it done.
     
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