Preferred Grading Company

Discussion in 'Coin Chat' started by cplradar, Apr 8, 2021.

  1. Zorrbabe

    Zorrbabe Coin shortage of good coins not crappy ones lol

    Any graded good. They cost more to grade than the value it's such a shot in the dark what you do sometimes.
     
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  3. dwhiz

    dwhiz Collector Supporter

    @CamaroDMD
    Multiple train images are available FTGS GRADING SERVICE 4449.jpg
     
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  4. CamaroDMD

    CamaroDMD [Insert Clever Title]

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  5. Dave Waterstraat

    Dave Waterstraat Well-Known Member

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  6. dwhiz

    dwhiz Collector Supporter

    @Dave Waterstraat
    Thru the magic of Photo Scape it should work, now in a Gen. 2 slab:eek:
    FTGS GRADING SERVICE  4014.jpg
     
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  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I really want to see that thing move one of these days. I’m sure it’s quite a sight.
     
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  8. Mike Thorne

    Mike Thorne Well-Known Member


    It was a dealer who worked for SilverTowne, and it happened several years ago. I just thought it was amusing. At the time, I was trying to sell an ICG-graded 1894 silver dollar, and none of the dealers I showed it to wanted it. Cleaned was the reason. I finally did sell it but lost money on it. I seem to remember that I had gotten it from Heritage. I have no clue how many dealers I've dealt with face-to face, but it's quite a few, beginning in the late 1970s. You have convinced me to stop using the quip about ICG, and I fully expect that you have more experience with dealers than I do.
     
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  9. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    It is quite impressive. I saw it the first time it went out in 2019 and it's going through my area again in late August this year so I'll be watching it again...:)

    https://www.up.com/heritage/steam/schedule/index.htm
     
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  10. Insider

    Insider Talent on loan from...

    Insane coin grade
    Interesting commercial grade
    It's correct grade
    Insane crazy grade
    Insanely crappy grade
    Instant cool guess
    Insane crappy guess

    Actually, I don't mind the "I can't grade" joke myself because of the economic reasons many dealers parrot it. It is free advertising. We are swamped with work having to hire three new employees + two part-mime workers in the last year DURING the China Virus slowdown in the coin market.

    I just chose to respond to this very old quip because most small to medium local dealers don't have a clue and especially because there have been many cases :facepalm: of fakes and large numbers of grading errors in ALL TPGS slabs. Unfortunately, due to the huge volume of coins passing through the top two services, they are the biggest offenders! :(

    PS I've been watching the videos of the Big Boy.
    I was a train chaser in my younger days. The Freedom Train engines were parked in Alexandria for awhile.
     
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  11. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Nice. I live in Portland, OR where the SP4449 lives. I go down and see it in the museum a few times a year and we ride it each winter as part of a Christmas event they do. It’s awesome.
     
  12. Conder101

    Conder101 Numismatist

    I want to see the part-mime workers. :)
     
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  13. desertgem

    desertgem Senior Errer Collecktor Supporter

    Not if the coin is Mime!
     
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  14. Insider

    Insider Talent on loan from...

    [​IMG]
     
  15. wxcoin

    wxcoin Getting no respect since I was a baby

    It's funny you mention SilverTowne, I believe now Silver City Auctions. I buy coins from their auctions now and then. They typically overgrade the raw coins in their catalog. In fact, many of their higher grade raw coins have probably been cleaned. I know since a good percentage of the ones I sent to NGC or PCGS came back details. I've become very careful in bidding on their raw lots; especially IHC and LWC.
     
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  16. Derek2200

    Derek2200 Well-Known Member

    No Anacs is one of the 4 TPG accepted by EBay. Their grading good as anybody. I don’t discount my Anacs coins bc of some holder game nonsense and neither should you.
     
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  17. dwhiz

    dwhiz Collector Supporter

    @CamaroDMD
    It will be on the move starting Aug 5th, the closest stop to me is New Orleans, La. only 1359 miles from me.
    But there is one at Steam Town in Scranton, PA on display that was just cosmetically restored.
    https://www.up.com/heritage/steam/schedule/index.htm
     
  18. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I’ve seen a couple on static display…even that’s impressive
     
  19. Insider

    Insider Talent on loan from...

    :facepalm::eggface: Boy do I :bucktooth: feel stupid! I must apologize for the error in a previous post. I wrote the following:

    "If this member (@Mike Thorne) is the published numismatist, Mike Thorne, he :confused: appears to be seriously uninformed and living in the past concerning the subject of TPGS's but I will give him credit for at least knowing that ICG actually exists."

    This morning, I read this quote :oops: :facepalm: in a column written by Mr. Thorne, Ph.D. published in Numismatic News:

    "On the other hand, if you have a lot of coins worth more than $100 apiece, then you might consider having them certified by a major certification service. By major services, I'm referring to ANACS,NGC, and PCGS."

    Apparently, in a column purporting to help collectors ,Mr. Thorne :eggface: has either shown his personal bias :( or is truly ignorant :bucktooth: of the fact that ICG is considered to be one of the four major grading services. Hopefully, in future columns, a well known numismatist with his credentials :cigar: will do some research :bookworm: so he can do a much better job dispensing both correct and useful information to his audience.
     
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  20. MIGuy

    MIGuy Well-Known Member

    I've had the same experience with Charter Oak Coins auctions in CT, and I was amused when I bought two SLQs and they looked very similar in quality to me (online auction - photos) for the same price $125 each raw, and the 1929 came back from ICG MS63 FH (yay!), and the 1924 was AU53 Details, Cleaned. [sad trombone]. For me it's all part of the learning process.
     
  21. Cheech9712

    Cheech9712 Every thing is a guess

    Hey I have a few of those. Maybe 3or4. If I find them I’ll pass them on to you. I think mine have holes in them. I also have a few of those bank of Canada kind. We’ll see if I can find. I don’t save them
     
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