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#1
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eBay's Big 4 TPGs
In general prices realized are highest for PCGS, then NGC, ANACS and ICG.
ICG certified coins seem to command only a very slight premium over raw coins. Why do you suppose the marketplace practically disregards ICG as a grading entity? |
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#2
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eBay's Big 4 TPGs
Petronius wrote:
In general prices realized are highest for PCGS, then NGC, ANACS and ICG. ICG certified coins seem to command only a very slight premium over raw coins. Why do you suppose the marketplace practically disregards ICG as a grading entity? Because they consistently grade coins according to written standards that have been around a long time. You'll very rarely see a VF coin in an ICG XF slab. That bothers the crackout crowd mightily, and it's the crackout crowd that decides who is big and who isn't. James |
#3
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eBay's Big 4 TPGs
On Dec 11, 9:26�am, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
Petronius wrote: In general prices realized are highest for PCGS, then NGC, ANACS and ICG. ICG certified coins seem to command only a very slight premium over raw coins. Why do you suppose the marketplace practically disregards ICG as a grading entity? Because they consistently grade coins according to written standards that have been around a long time. �You'll very rarely see a VF coin in an ICG XF slab. �That bothers the crackout crowd mightily, and it's the crackout crowd that decides who is big and who isn't. James 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 |
#4
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eBay's Big 4 TPGs
Jerry Dennis wrote:
On Dec 11, 9:26?am, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: Petronius wrote: In general prices realized are highest for PCGS, then NGC, ANACS and ICG. ICG certified coins seem to command only a very slight premium over raw coins. Why do you suppose the marketplace practically disregards ICG as a grading entity? Because they consistently grade coins according to written standards that have been around a long time. ?You'll very rarely see a VF coin in an ICG XF slab. ?That bothers the crackout crowd mightily, and it's the crackout crowd that decides who is big and who isn't. James 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. That could very well be the case. I feed on the bottom, collecting only circulated coins. James the Sea Anemone |
#5
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eBay's Big 4 TPGs
On Dec 11, 6:21*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 I could argue that point too Jerry, but I probably would get sued! 8-) Jud the 'Hagar-wary' |
#6
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eBay's Big 4 TPGs
On Dec 12, 1:48�pm, Jud wrote:
On Dec 11, 6:21�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 I could argue that point too Jerry, but I probably would get sued! 8-) Jud the 'Hagar-wary' Okay, let me interject this, too, "respected TPGs." :-) Oh, wait. This is ebay we're discussing. We already know who is and who isn't "respected." Jerry |
#7
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eBay's Big 4 TPGs
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 to www.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 www.frankcoins.com http://myworld.ebay.com/frankcoins Texas Auction License 11259, Board member of Texas Coin Dealers Association, Member TNA, ANA, PCGS, NGC - Full Time Since 1991 |
#8
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eBay's Big 4 TPGs
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 |
#9
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eBay's Big 4 TPGs
Jerry Dennis wrote:
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. ....and how about the others in the AU and below grades? James the Provocateur |
#10
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eBay's Big 4 TPGs
On Dec 18, 2:51*am, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
Jerry Dennis wrote: 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...nsTexasAuction 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. ...and how about the others in the AU and below grades? James the Provocateur- Hide quoted text - - Show quoted text - In circulated grades, the 4 "approved" services and PCI and SEGS are pretty close, and all are very good (and certainly far better than raw) on authentication. Ebay allows you to list a 1916-D dime with a fake mintmark RAW -- but if you offer one and mention that it is in a slab from PCI or Larry Briggs's SEGS, ( almost certainly genuine) Ebay will end the auction, and issue sanctions, up to and including reporting to law enforcement. |
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