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<p>[QUOTE="GDJMSP, post: 1341529, member: 112"]And it wouldn't matter if he was in the best health he's ever been in. That web site is almost 12 years old, look at the copyright - 2000. And the ICG that he is talking about is a completely different company than the ICG that exists today.</p><p><br /></p><p>Back then, ICG WAS a grading company respected by many, at least when it came to older coins. And knowledgeable collectors knew that older coins were graded pretty accurately by ICG. Try to cross them to NGC or PCGS slabs, and most crossed. Many even upgraded. Some downgraded.</p><p><br /></p><p>But when it came to modern coins, '65 and later, ICG tended to over-grade. Pretty much everybody knew this. So they would ignore the moderns in ICG slabs and eagerly cherry-pick the older coins in ICG slabs. </p><p><br /></p><p>ICG was the ying to the yang of PCGS. What I mean by that is this. Just as PCGS got the the reputation of being the "best" grading company because they would <u>not</u> grade modern coins as 70's. ICG got the reputation as being a lesser grading company because they <u>did</u> grade moderns as 70's. </p><p><br /></p><p>It's a crazy and illogical concept, nonetheless it is a true concept. It is what people do, it is the way they think. Do 1 thing well, and it is thought that you do everything well. Do 1 thing badly, and it is thought that you do everything badly. And in a nutshell that is the difference between PCGS and ICG.</p><p><br /></p><p>In the past ICG was a pretty decent grading company - with older coins. You MUST use that qualification. Today, ICG is a completely different company. And it is largely agreed upon that they over-grade just about everything, even older coins.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1341529, member: 112"]And it wouldn't matter if he was in the best health he's ever been in. That web site is almost 12 years old, look at the copyright - 2000. And the ICG that he is talking about is a completely different company than the ICG that exists today. Back then, ICG WAS a grading company respected by many, at least when it came to older coins. And knowledgeable collectors knew that older coins were graded pretty accurately by ICG. Try to cross them to NGC or PCGS slabs, and most crossed. Many even upgraded. Some downgraded. But when it came to modern coins, '65 and later, ICG tended to over-grade. Pretty much everybody knew this. So they would ignore the moderns in ICG slabs and eagerly cherry-pick the older coins in ICG slabs. ICG was the ying to the yang of PCGS. What I mean by that is this. Just as PCGS got the the reputation of being the "best" grading company because they would [U]not[/U] grade modern coins as 70's. ICG got the reputation as being a lesser grading company because they [U]did[/U] grade moderns as 70's. It's a crazy and illogical concept, nonetheless it is a true concept. It is what people do, it is the way they think. Do 1 thing well, and it is thought that you do everything well. Do 1 thing badly, and it is thought that you do everything badly. And in a nutshell that is the difference between PCGS and ICG. In the past ICG was a pretty decent grading company - with older coins. You MUST use that qualification. Today, ICG is a completely different company. And it is largely agreed upon that they over-grade just about everything, even older coins.[/QUOTE]
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