On Dec 17, 3:40�pm, Frank Provasek wrote:
On Dec 11, 5:21�pm, Jerry Dennis wrote:



Perhaps, but I must interject. �ICG is (or at least was) notorious for
liberal grading in MS grades. �None of the other TPG have as many
MS-70s as ICG.

Jerry

According towww.greysheet.com, these are the average relative
valuations for sight-unseen dealer bids:

PCGS: 76.98%
NGC: 77.11%
ANACS: 56.79%
ICG: 63.91%
PCI: 49.17%
SEGS: 48.21%
NCI: 40.05%
INS: 29.05%

ICG, at least until about a year ago with J.P. Martin (who developed
the ANA grading seminars and standards) as its chief grader, used the
ANA standards. �As such, MOST modern NCLT (noncirculating legal
tender) trinkets WILL grade 70 unless they have been mishandled. �(70
is NOT "perfect")

Services such as PCGS, with almost unobtainable internal standards for
"70," make that grade artificially scarce (in their plastic) thus
making PCGS coins "worth" more.

Conversely, many 19th century coins with "rub" that PCGS �will grade
MS61 or MS62, would be graded AU58 by ICG.

From the PCGS official grading guide:

What slight friction? �Discoloration on the high points? �Who cares!

--
RARE COIN AUCTIONS NO RESERVES �http://www.frankcoins.comhttp://mywo...rankcoinsTexas Auction License
11259, Board member of Texas Coin Dealers Association,
Member TNA, ANA, PCGS, NGC - �Full Time Since 1991

I found the greysheet bid percentages interesting. I would have
thought ANACS would have rated higher (closer to 70%) since they seem
a lot tougher on MS grades.

That not withstanding, I must point out here that I have no grief,
whatsoever, with ICG grading in the AU and below grades.

Jerry