Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is ICG really as bad as many people say?
>
Reply to Thread
Message:
<p>[QUOTE="Insider, post: 5194066, member: 24314"]Morgandude11, post: 5190917, member: 37839"]I can assure you that there are glaring inconsistencies. I owned 19 of the “Golden Nugget Casino Horde” coins, all of which were heavily toned with beautiful toning. I believe the horde was graded exclusively by ICG, initially (all 19 were when I owned them). The grading was way off on a number of them, and I believe most have been regraded by PCGS. I sold them in 2015.</p><p><br /></p><p><span style="color: #b30000">I believe this poster.</span> <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> I just learned THIS MORNING <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" /> when I asked why ICG became "I can't Grade" from the present owner of the company. At one time LONG AGO (I guess I could find out the date but before 2012) <b>ICG was over grading coins <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /> for certain <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie93" alt=":troll:" unselectable="on" unselectable="on" /> people/dealers. </b> This period ruined the companies reputation <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie40" alt=":dead:" unselectable="on" unselectable="on" /> at the time and apparently many uninformed <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie30" alt=":bucktooth:" unselectable="on" unselectable="on" /> people who have never used ICG keep parroting <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" /> how rotten our grading is. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p>KSorbo, posted: "What do you mean by “glaring inconsistencies”? Are there specific examples that you can recall within those Morgan’s? [<span style="color: #660066">Don't bother asking for any recent inconsistencies. There are several uninformed members who post on CT who never back up the nonsense they post. Best to learn who they are and take their posts as "filler-in-an-attempt-to-appear-knowledgeable</span>.] I know that with toners there is potentially more subjectivity [<span style="color: #660066">WAY MORE</span>], with attractive toning often getting a grade bump despite technical grade. Therefore I wouldn’t be surprised to see more variation between grading companies or even within a grading company</p><p><br /></p><p>halfcent1793, posted: "A very well-known and honest professional grader told me this happens with him." </p><p><br /></p><p><span style="color: #660066">I think <b>inattention</b> plus attempting to assess "market value" in spite of actual condition affects grading more than what goes on at home.</span>[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 5194066, member: 24314"]Morgandude11, post: 5190917, member: 37839"]I can assure you that there are glaring inconsistencies. I owned 19 of the “Golden Nugget Casino Horde” coins, all of which were heavily toned with beautiful toning. I believe the horde was graded exclusively by ICG, initially (all 19 were when I owned them). The grading was way off on a number of them, and I believe most have been regraded by PCGS. I sold them in 2015. [COLOR=#b30000]I believe this poster.[/COLOR] ;) I just learned THIS MORNING :facepalm::jawdrop: when I asked why ICG became "I can't Grade" from the present owner of the company. At one time LONG AGO (I guess I could find out the date but before 2012) [B]ICG was over grading coins :greedy::greedy::greedy: for certain :troll: people/dealers. [/B] This period ruined the companies reputation :dead: at the time and apparently many uninformed :bucktooth: people who have never used ICG keep parroting :yack::yack::yack::yack: how rotten our grading is. :smuggrin: KSorbo, posted: "What do you mean by “glaring inconsistencies”? Are there specific examples that you can recall within those Morgan’s? [[COLOR=#660066]Don't bother asking for any recent inconsistencies. There are several uninformed members who post on CT who never back up the nonsense they post. Best to learn who they are and take their posts as "filler-in-an-attempt-to-appear-knowledgeable[/COLOR].] I know that with toners there is potentially more subjectivity [[COLOR=#660066]WAY MORE[/COLOR]], with attractive toning often getting a grade bump despite technical grade. Therefore I wouldn’t be surprised to see more variation between grading companies or even within a grading company halfcent1793, posted: "A very well-known and honest professional grader told me this happens with him." [COLOR=#660066]I think [B]inattention[/B] plus attempting to assess "market value" in spite of actual condition affects grading more than what goes on at home.[/COLOR][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is ICG really as bad as many people say?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...