I Can’t Believe It

Discussion in 'Coin Chat' started by Collecting Nut, Feb 7, 2022.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    They even graded this nickel. A common date in a low grade. I think they got the grade correct. Lol
    F82E39A4-4E3F-4FCB-8510-919739089E3B.jpeg A64714F3-190D-4776-A84C-AEA1E4CA3B5F.jpeg C8F772F0-A474-4840-8643-DC333B1CCDF0.jpeg
     
    NSP, dwhiz, wxcoin and 2 others like this.
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  3. Mountain Man

    Mountain Man Well-Known Member

    I am perplexed as to why someone would have paid a garage slabber to even grade that.
     
    NSP, wxcoin, GH#75 and 1 other person like this.
  4. Heavymetal

    Heavymetal Supporter! Supporter

    Might be under graded
    VG, maybe Fine
    But hey, I’m no expert like IGS
     
    Cheech9712, NSP, Omegaraptor and 2 others like this.
  5. 1865King

    1865King Well-Known Member

    It looks VG to me. I wouldn't be surprised if it was under graded on purpose. Put a bunch of cheap coins in an under graded slabs is one way to try to make your company look good. Give them out or samples or have a dealer sell them at a major show for a really low price. The nickel isn't worth much but, if they sell them based on the grade on the slab collectors think they got a bargain and may start to think IGS coins are the ones to buy. I don't think it worked out to well. Is IGS still in business?
     
  6. UncleScroge

    UncleScroge Well-Known Member

    Maybe, maybe not ...
    IGSUC.jpg
     
  7. wxcoin

    wxcoin Getting no respect since I was a baby

    I never heard of IGS Grading. Maybe it stands for I Grade S$#!
     
    micbraun likes this.
  8. Mr.Q

    Mr.Q Well-Known Member

    IGS is at the head of the coin grading companies to stay away from. Good advice in my opinion.
     
    UncleScroge likes this.
  9. Mike Thorne

    Mike Thorne Well-Known Member

    The coin has a bit more horn than you usually expect on a G4, but I think they got the grade right. Just my opinion, of course.
     
    Collecting Nut likes this.
  10. longnine009

    longnine009 Darwin has to eat too. Supporter

    What is that at 9:00 going up towards the eyes?
     
  11. Heavymetal

    Heavymetal Supporter! Supporter

    That mark appears to to be on the plastic
     
    longnine009 and Collecting Nut like this.
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    On the slab
     
    longnine009 likes this.
  13. Marsden

    Marsden Well-Known Member

    "Thank you for you patience."

    Doesn’t really inspire confidence.
     
    -jeffB likes this.
  14. -jeffB

    -jeffB Greshams LEO Supporter

    Hey, they're pouring all their resources into improving their processes, not WASTING them on frivolous nice-to-haves like, um, people to double-check work they present to the public. :rolleyes:
     
    MIGuy and Marsden like this.
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    There are people that will lab anything...LOL
     
  16. -jeffB

    -jeffB Greshams LEO Supporter

    I feel seen. ;)

    [​IMG]
     
  17. Conder101

    Conder101 Numismatist

    They may not. Many basement slabbers are merely people slabbing their own coins.
     
    MIGuy likes this.
  18. 1865King

    1865King Well-Known Member

    IGS coins are treated as raw. PCI is a little better. But again, they are treated as raw. Being treated as raw isn't bad if grade of the coin matches the holder. I've seen coins in PCGS & NGC slabs improperly graded or improperly labeled. Bottom line you need to understand grading if not then stick to PCGS, NGC or ANACS. Then there is less of a chance of getting burned.
     
  19. Treashunt

    Treashunt The Other Frank

  20. Paddy54

    Paddy54 Well-Known Member

    There are collectors of low ball coins...I had a IHC that was in an old Anacs soap bar I couldn't believe it.
    The fee even back in that time period was higher than the value of the beat IHC.
     
  21. Hommer

    Hommer Curator of Semi Precious Coinage

    What was the members name a few years ago that was starting his own grading company because you guys couldn't grade coins?
     
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