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Alex in PA.

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Posts posted by Alex in PA.

  1. I recently purchased three CC Trade Dollars all graded by IGC.  The only ICG graded coins I have ever purchased.  They came back from NGC as follows:

    ICG XF 40 back as NGC XF Details Cleaned 

    ICG AU 53 back as NGC AU Details Cleaned

    ICG MS 61 back as NGC XF 45

    A very costly mistake on my part.  Now if this is a representation of how ICG grades coins it comes in as slightly better than pathetic.  A grader can't tell if a coin is 'cleaned'?

    I have made it my policy never to buy an ICG graded coin as I feel their grading can not be trusted.  Sorry for being a spoil sport.

    Alex

  2. Just Bob and Tom Toner:  Many thanks to you both for your assistance and informative views on my problem.  Just one more question gentlemen:  What can I do with the two NGC Trade Dollars that were graded 'Details'?  I noticed they weren't selling very well on Ebay and I can understand why.  I may be new to coin collecting but I don't, and will not have, a cleaned coin in my collection.  I prefer to buy ANACS*, PCGS or NGC as they seem to be the most reliable.  So, do you think maybe an NGC dealer might buy them or do I try Ebay and what might a good price be to unload these?  If I get anything I would be satisfied.  Thanks again for all your help; I truly appreciate the information and guidance.

    Alex

    *From my early days of collecting.

  3. Just Bob:  Thanks for all your help and information;  I must say I'm a little disappointed; I would have settled for any grade but not 'Details'.  So, I will expect the worst on the Trade Dollar that's in grading now.  The 1890 CC Morgan ICG Grade MS 61 came back AU 58 and I'll settle for that.  I don't think I'll be buying any ICG graded coins anymore.   Of all the Morgan Dollars I have, and that's quite a few, I have not a one graded 'Details'.  I used to, a long time ago, only buy ANACS graded coins.  PCGS and NGC hadn't risen to their status today.  Thanks again for your help; I really appreciate it.

    Alex

    PS The ICG AU50 1875 T $1 came back NGC XF;  Hooray!

  4. Just Bob:  On the coins.  I don't have the original ICG slabs.  Not very visable on the 1874 but the 75 you can see them easily with a magnifier.    There are no scratches on the reverse of either coin.  What strikes me is the color of the EF 40.  It came back as shiny as a new minted coin.  Thanks for your help.

    Alex

     

    PS:  Both were purchased from different dealers.

  5. Just Bob:

    Thanks for the information.  I would have posted a pic but I had already sent it to NGC.  I have seen ICG coins grade "Details" - "Cleaned".  I was kind of let down when the NGC grades came in and the more I look at the two I got back cleaned they are just too shiny.  Maybe not for AU but for XF there's not a spot on it.  Oh well, a newbie learns; if the deal is too good to be true, it is.  Thanks for the information. 

  6. Thanks for your help.  There are a couple reputable dealers in the area so I will ask.  I try very hard to buy PCGS or NGC and I have a few ANACS coins I bought years ago.  Given it's reputation I did not think it necessary to challenge NGC.  I suppose though, now you have me thinking, I might ask another.  Thanks again for your help. 

  7. I recently submitted three ICG graded coins I had to NGC.  Coin number one was an 1874 CC Trade Dollar ICG grade EF 40.  Coin number two was an 1875 CC Trade Dollar ICG grade AU 53.  Coin number three was an 1890 CC Morgan ICG grade MS 61.

    Coin number one came back NGC XF Details Cleaned.  Coin number two came back NGC AU Details Cleaned.  Coin number three came back NGC AU 58 and I had expected a lesser grade on all three. Neither ICG slabs stated Details and I don't believe any of the slabs to have been tampered with.  I can find nothing on the web saying ICG would mislead it's customers.

    Is it worth a second opinion or should I just suck it up? I trust NGC so I have no complaints.  I have one more ICC Trade Dollar to submit grade ICG AU 50 which I hope will come back at least NGC XF but fear it will also rate out as 'Cleaned'.  Any help on this would be greatly appreciated.