ICG - I’m A Believer

Discussion in 'Coin Chat' started by Randy Abercrombie, May 9, 2024.

  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Sung to the tune of the Monkees…..

    April 25 I put two coins in the mailbox to ICG. Today, merely a short two weeks later, they are back in my loving embrace.

    I read stories often on CT about waiting months for word on their submission from one of the big two TPG’s. Not at all the case with ICG. The service was exceedingly cheap and turn around time was nonexistent.

    I know, I know…. I can hear it now… Your coin will realize more resale value in one of the top two TPG slabs. Well, I say hooey. Professional grading is just that and a slab exists to protect the coin inside. Period. End of story. If you buy slabs, then by all means. Spend your money however you choose. Being the mizer that I am, I’ll be sending my stuff to ICG.

    MIGuy, eddiespin, Maxfli and 28 others like this.
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  3. Mat

    Mat Ancient Coincoholic

    Now send the coin to PCGS and watch it come back EX45 :D.
    charley and Coins4Eli like this.
  4. Michael K

    Michael K Well-Known Member

    Yes I was going to say ICG may overgrade a tad.
    But I don't like the concept of grading companies at all anyway.
    They ruined the sports card hobby. And as for coins it was better for your own knowledge and education when you had to be able to grade your own coins that you were buying and selling. And the cost was much better.
  5. Vess1

    Vess1 CT SP VIP

    The last ICG slab I had in my hand I cracked open and submitted to NGC where it upgraded. The other one straight crossed. Just throwing in my small sampling for the (not asked for) survey.
    MIGuy, Maxfli, gronnh20 and 7 others like this.
  6. Publius2

    Publius2 Well-Known Member

    Can't speak to ICG but I just received my very first submission ever. I sent it to NGC on April 26, 2024 by USPS Registered. I received it back today, May 9. Four gold coins and one silver. Normal submission, no rush.

    I was more than pleasantly surprised by the turnaround especially given the horror stories of months-long waits.

    BTW, I was pleased with the grades. When I get them photo-ed, I will post on another thread where I mentioned these coins - four gold and one silver.
  7. Jim Dale

    Jim Dale Well-Known Member

    I have a few graded coins, most of which are PCGS and NGC. I was in my mid 60's when I started collecting coins. I was watching the TV when a show came on about coins. I bought 2 gold coins from the dealer. One coin was a 20 dollar gold coin. It came back not graded due to a couple of scratches on the face. The dealer offered to refund my money, including the cost of grading the coin. The other coin was a $10 gold coin. It came back MS62. Again, the dealer offered to refund my cost.
    After that, I started buying from the Mint and I have never been disappointed with the quality.
    Anyway, I think that coin collecting is a great hobby, if you have the funds to collect. I have enjoyed cointalk.com, although, there are times I think I'm in a foreign country.
    Keep up the great work folds.
    JPD3 likes this.
  8. longnine009

    longnine009 Darwin has to eat too. Supporter

    IMO, it's good to have ICG and ANACS chewing at the feet of PCGS and NGC.
    Vess1, Dan Galbato, MIGuy and 7 others like this.
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    I should have known it was a Seated Liberty coin. Very nice Randy.
  10. nwfdub

    nwfdub Member

    I've never understood the fascination with PCGS and NGC. Kind of uppity IMHO, as they will not grade everything. I get that people will pay more for coins with those slabs, but why? ANACS was first on the block, but gets no credit. I prefer ANACS personally as far as overall price, turn around, grading, etc. Of the reasons you send in a submission, they have the highest scores in total.

    ICG is great budget slab. I see people who don't know how to grade always put those slabs back down. They will at least pontificate on an ANACS slab.

    Nice Half in any slab!
  11. ldhair

    ldhair Clean Supporter

    I think ICG does a good job with grading and conservation. If I'm wanting to sell something of high value, I use PCGS.
    Randy Abercrombie likes this.
  12. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    It doesn’t have the snob appeal of PCGS or NGC (and therefore the resale perks), but if you just want competent certification/authentication/encapsulation for a fair price, there’s nothin’ wrong with ICG.
    MIGuy, Maxfli and Randy Abercrombie like this.
  13. micbraun

    micbraun coindiccted

    Nice Liberty half dollar, appears to have an original color. Who cares if it‘s slightly overgraded? I miss the cert pictures though.
  14. ldhair

    ldhair Clean Supporter

    I like NGC, PCGS, ICG and ANACS. My favorite of all times was the early days of PCI. They were as tough as anyone at the time. One of our members here was a grader there at the time.

    Turnaround time is always changing at all the services. You just never know. I sent 5 coins to PCGS back in November for grading and to have the variety shown on the label. Just got the results but I don't have a problem with it. Each service has it's place in the hobby.
    lordmarcovan likes this.
  15. -jeffB

    -jeffB Greshams LEO Supporter

    Six months?!!? That's not a grading company, that's off-site storage.
    Dan Galbato, MIGuy, micbraun and 2 others like this.
  16. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    My saying about TPGs is, “you won’t get grades on your coins until just after you’ve forgotten you own them”.

    Randy cites a two-week turnaround in the OP, with his recent submission to ICG. That right there (not to mention the much cheaper tier price) is reason to consider them. The turnarounds at the Big Two TPGs can indeed be brutal at times.
  17. ldhair

    ldhair Clean Supporter

    I'm thinking they may be sending coins out for variety attribution. Maybe each coin type is going to a different expert. I don't know but that would account for it taking so long.
    -jeffB and Randy Abercrombie like this.
  18. ldhair

    ldhair Clean Supporter

    Hi Randy. Do you have a better image of that 1873 half? Is that coin as rare as I think it is?
    Randy Abercrombie and rte like this.
  19. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    You made me look.
    Awesome coin Randy!
    Randy Abercrombie likes this.
  20. rte

    rte Well-Known Member

    No kidding I had to see what it was...
    Didn't see a CC or the arrows.
    I've always liked that year on coins.
    Close up shots of both sides would be nice.
    Randy Abercrombie likes this.
  21. Player11

    Player11 Bullish

    Way to go.

    I like my ICG coins.
    MIGuy likes this.
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