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Is ICG really as bad as many people say?
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<p>[QUOTE="Insider, post: 5145878, member: 24314"]<i>chascat, posted: "I only own a few ICG slabs and am very comfortable with them. <b>All are graded <span style="color: rgb(179, 0, 0)">about 1 grade low</span>, all were at a <span style="color: rgb(0, 179, 0)">bargain price</span></b>, I only wish I hadn't passed by a few that I would love to own now. I will always keep an eye out for bargains in the future. No problem at all with ICG."</i></p><p><br /></p><p><span style="color: rgb(179, 0, 0)">By whose standards - yours? Perhaps you are a very conservative grader? Gradeflation? How long have you owned them? Example?</span></p><p><br /></p><p><i>Lehigh96, posted: "But it isn't just PCGS, it is NGC as well, <font size="6"><span style="color: rgb(0, 179, 0)"><b>they both bring more money than coins in ANACS or ICG slabs.</b><span style="color: rgb(0, 0, 0)">"</span></span></font></i></p><p><br /></p><p><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie20" alt=":banghead:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> Is there KNOWLEDGEABLE collector who <span style="color: rgb(0, 179, 0)">DID NOT KNOW THAT?</span></p><p><br /></p><p><i>"That doesn't mean that every coin ANACS & ICG coin is overgraded, but the market will treat them that way. Here is an anecdotal example.</i></p><p><i><br /></i></p><p><i>I found this ICG MS67 1938-S Jefferson Nickel on eBay and purchased it for $37.50. The greysheet value for the 1938-S Jefferson is $22 in MS66 and $170 in MS67."</i></p><p><br /></p><p><img src="https://i.imgur.com/mKRGoQN.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="https://i.imgur.com/ff5xZEs.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><i>"IMO, the coin was correctly graded at MS67, but <b><span style="color: rgb(0, 179, 0)">since the market often values ICG coins at a grade lower than NGC or PCGS,</span></b> I saw the opportunity to crack the coin from the ICG plastic, submit it to NGC, and make a tidy profit if NGC concurred."</i></p><p><br /></p><p><img src="https://i.imgur.com/8CYvkIp.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><i>"I sold the coin for $178 within 1 month of listing it on eBay.</i></p><p><i><br /></i></p><p><i>Of course this one example doesn't prove anything about the grading skills of either ICG or NGC, but it provides real life perspective of how the market treats their grades differently."</i></p><p><br /></p><p>Absolutely! Thanks for a perfect example showing what <span style="color: rgb(0, 179, 0)">EVERY KNOWLEDGEABLE COLLECTOR/DEALER KNOWS: <span style="color: rgb(0, 0, 0)">The TPGS, all grade coins basically the same. That's why so many excellent bargains and good profits can be had buying second tier TPGS coins! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></span></span></p><p><br /></p><p><span style="color: rgb(0, 0, 0)">Now, back to your claim that I disagree with. In my experience, there is more "<span style="color: rgb(102, 51, 0)"><b>crap</b></span>" <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /> in PCGS slabs (for various reasons) than</span> found in ANACS or ICG slabs. MUCH MORE.[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 5145878, member: 24314"][I]chascat, posted: "I only own a few ICG slabs and am very comfortable with them. [B]All are graded [COLOR=rgb(179, 0, 0)]about 1 grade low[/COLOR], all were at a [COLOR=rgb(0, 179, 0)]bargain price[/COLOR][/B], I only wish I hadn't passed by a few that I would love to own now. I will always keep an eye out for bargains in the future. No problem at all with ICG."[/I] [COLOR=rgb(179, 0, 0)]By whose standards - yours? Perhaps you are a very conservative grader? Gradeflation? How long have you owned them? Example?[/COLOR] [I]Lehigh96, posted: "But it isn't just PCGS, it is NGC as well, [SIZE=6][COLOR=rgb(0, 179, 0)][B]they both bring more money than coins in ANACS or ICG slabs.[/B][COLOR=rgb(0, 0, 0)]"[/COLOR][/COLOR][/SIZE][/I] :banghead::banghead::banghead::banghead::banghead::rolleyes: Is there KNOWLEDGEABLE collector who [COLOR=rgb(0, 179, 0)]DID NOT KNOW THAT?[/COLOR] [I]"That doesn't mean that every coin ANACS & ICG coin is overgraded, but the market will treat them that way. Here is an anecdotal example. I found this ICG MS67 1938-S Jefferson Nickel on eBay and purchased it for $37.50. The greysheet value for the 1938-S Jefferson is $22 in MS66 and $170 in MS67."[/I] [IMG]https://i.imgur.com/mKRGoQN.jpg[/IMG] [IMG]https://i.imgur.com/ff5xZEs.jpg[/IMG] [I]"IMO, the coin was correctly graded at MS67, but [B][COLOR=rgb(0, 179, 0)]since the market often values ICG coins at a grade lower than NGC or PCGS,[/COLOR][/B] I saw the opportunity to crack the coin from the ICG plastic, submit it to NGC, and make a tidy profit if NGC concurred."[/I] [IMG]https://i.imgur.com/8CYvkIp.jpg[/IMG] [I]"I sold the coin for $178 within 1 month of listing it on eBay. Of course this one example doesn't prove anything about the grading skills of either ICG or NGC, but it provides real life perspective of how the market treats their grades differently."[/I] Absolutely! Thanks for a perfect example showing what [COLOR=rgb(0, 179, 0)]EVERY KNOWLEDGEABLE COLLECTOR/DEALER KNOWS: [COLOR=rgb(0, 0, 0)]The TPGS, all grade coins basically the same. That's why so many excellent bargains and good profits can be had buying second tier TPGS coins! :p[/COLOR][/COLOR] [COLOR=rgb(0, 0, 0)]Now, back to your claim that I disagree with. In my experience, there is more "[COLOR=rgb(102, 51, 0)][B]crap[/B][/COLOR]" :jawdrop: in PCGS slabs (for various reasons) than[/COLOR] found in ANACS or ICG slabs. MUCH MORE.[/QUOTE]
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Is ICG really as bad as many people say?
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