ICG coin grading accuracy?

Discussion in 'US Coins Forum' started by Charles1997, May 29, 2014.

  1. Victor

    Victor Coin Collector

    Agreed
     
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  3. Charles1997

    Charles1997 Well-Known Member

    So you would agree that ANACS is approving on their grading skills?


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  4. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Okay, I will buy that--I have gotten some OLDER coins from the "old ICG." Admittedly, there is a difference. They were always pretty awful with moderns, but some really nice older coins came from ICG holders.
     
  5. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    No, I would say they are a little better than they were. There are still TWO TPGs worth using--PCGS and NGC. Any other is a gamble on consistency (a lot of folks believe that TPGs aren't that consistent to begin with). Why go with a second tier company when those two are consistently at the top? The only reason I liked the "old" ANACS was the attribution of varieties--they were good at that. However, unless there is a beautiful coin in a second-tier holder that you wish to buy, why consider anything else? Example--the "Golden Nugget" Ikes were almost all slabbed by ICG, as the casino manager knew people in the company really well. I have 4 of them in ICG holders, and I won't crack them out, or try and cross them, due to the pedigree.
     
  6. Victor

    Victor Coin Collector

    If you meant to say improving, yes. At least with the coins I have submitted. They don't just give away MS70 like many people think.
     
  7. Ethan

    Ethan Collector of Kennedy's

    So looking at those three. I would guess that the ICG coin I have is under graded. Simply it is a cameo. That was worth it all in itself.
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    Why would you think it is under-graded, or that it is a cameo ?
     
  9. Ethan

    Ethan Collector of Kennedy's

    I can see it is a Cameo, as for grade, odds are it is not a 69, but a 68 is possible.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    The reason I asked is because that coin is a modern coin and ICG was usually very generous with grades for modern coins. Your subsequent comment acknowledges this.

    As for the cameo designation, ICG was usually very generous with that as well. So if they didn't give it, odds are the coin does not deserve it.
     
  11. Ethan

    Ethan Collector of Kennedy's

    I can see the reasoning for this but look closely.....two are graded as such.

    [​IMG]


    I am starting to know my Cameo's. It is not DCAM for sure but CAM I would say >80% odds. I have quite a few that have the designation and I use to compare. This one is mid-range of the slabbed Cams. The only thing that would stop it is the reverse however it has more frost than some that have the designation. It is what I recognized when I bought it.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    The coins in the ANACS slabbed were slabbed by the new ANACS while the coin in the ICG slab was slabbed by the old ICG. In my opinion, the new ANACS is much more liberal than even the old ICG was when it comes to the cameo designation.

    My point is it would not really be a good idea to use the newer ANACS slabs to compare to.
     
  13. Ethan

    Ethan Collector of Kennedy's

    I use NGC and PCGS also, this was the only photo I had of it. It is Cameo, of this I am convinced.
     
  14. micbraun

    micbraun coindiccted

    Are you sure both sides would qualify? Do all the smaller design elements also show a strong contrast to the fields? I am pretty sure there's a reason why ICG didn't add a CAM designation.
     
  15. Ethan

    Ethan Collector of Kennedy's

    Well, all I can do is look at what makes cameo and compare. PCGS, NGC, ANACS.....I have used all three and this one is. It is what attracted me too it. I think it is and that is what matters.....it is in my cameo box.
     
  16. Troodon

    Troodon Coin Collector

    I'm going to assume you meant "improving." A lot of dealers I've met at coin shows and shops do seem to think the new ANACS (you can tell they're new by the yellow slabs) are grading tougher than when they were in the blue/clear slab era, and most of them are of the opinion that their grading accuracy and consistency is just about as good as the big two, now. But the market doesn't seem to think so, yet, and ANACS graded coins do sell for less than the same coin would in a PCGS/NGC holder (which is silly IMO; the plastic around the coin shouldn't affect the value of the coin itself, but it does, at least for now. Perception does actually mean something, regardless of whether or not it should). ANACS may gain a better reputation eventually, but they haven't yet.
     
  17. Julie Kelliher

    Julie Kelliher New Member

    i have had good luck with icg . even cracked one ms64 morgan open and got ms 65 from ngc sooo ...not totally with on that one
     
  18. Julie Kelliher

    Julie Kelliher New Member

    agree buy the coin not the slap !!! if anything i have got a few great deals because the coin was in icg holder
     
  19. 1916D10C

    1916D10C Key Date Mercs are Life! 1916-D/1921-D/1921

    To put it simply, ICG does not deserve the bad rap they are given. I mean look at the guys working for the company, I think Fazarri worked at ANACS and NGC before ICG, and he’s one of the hottest names in the industry. I’ve never understood the ICG bashing that is so common today, especially considering the number of things I’ve seen PCGS screw up.

    I have bought multiple ICG coins and will continue to. For classic circulated coins up to AU, and even most MS grades they give, I feel they are right on the money, and their authentication skills are extremely reliable.
     
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  20. kkathyl0

    kkathyl0 Active Member

    They are very accurate
     
  21. Jeffrey Harstead

    Jeffrey Harstead New Member

    would an Silver Eagle graded MS70 by ICG be close to being accurate....?
     
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