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ICG beat out PCGS this week
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<p>[QUOTE="GDJMSP, post: 413992, member: 112"]It's not rediculous at all, that is the going rate for them in an ICG slab - and at that they are overpriced.</p><p><br /></p><p>There is one primary reason that coins (especially moderns) with ultra-grades in ICG slabs bring low prices - because the market knows that ICG is way too generous when handing out these grades.</p><p><br /></p><p>So before you get too comfortable with modern ultra-high grade coins in ICG slabs, compare a few of them to the coins in NGC or PCGS slabs. The lightbulb will turn on when you do.</p><p><br /></p><p>That being said, if you look at classic coins in ICG slabs, odds are the coin will be accurately graded. Strange perhaps, but often true. And they sell as a general rule for less than coins of the same grade in NGC or PCGS slabs. It is also not unusal to be able to take a classic coin from an ICG slab, send it to NGC or PCGS and have the coin actually upgrade.</p><p><br /></p><p>However, since ICG has changed hands, and graders, - again - you would be wise, as usual, to pay more attention to the coin than you do the slab.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 413992, member: 112"]It's not rediculous at all, that is the going rate for them in an ICG slab - and at that they are overpriced. There is one primary reason that coins (especially moderns) with ultra-grades in ICG slabs bring low prices - because the market knows that ICG is way too generous when handing out these grades. So before you get too comfortable with modern ultra-high grade coins in ICG slabs, compare a few of them to the coins in NGC or PCGS slabs. The lightbulb will turn on when you do. That being said, if you look at classic coins in ICG slabs, odds are the coin will be accurately graded. Strange perhaps, but often true. And they sell as a general rule for less than coins of the same grade in NGC or PCGS slabs. It is also not unusal to be able to take a classic coin from an ICG slab, send it to NGC or PCGS and have the coin actually upgrade. However, since ICG has changed hands, and graders, - again - you would be wise, as usual, to pay more attention to the coin than you do the slab.[/QUOTE]
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