Certified Icg
Certified Icg
5 Reasons to Buy and Collect Certified and Graded Coins
Hobbies: Coin Collecting
5 Reasons to Collect Certified and Graded Coins
by Robert L Taylor, JD
Why should a coin collector and investor buy and collect professionally graded and certified coins? Commonly called “slabs”, they are housed in a protective plastic holder. There are many companies – over a dozen are less than 2 years old – which will put your coin in a slab after Certifying that it is Authentic, and assigning a Grade to the coin. The first reason for buying and collecting Certified and Graded Coins applies to all of these companies. However, the most important reasons apply only to the Top Four companies: PCGS, NGC, ANACS, and ICG.
Reason No 1. To Protect Your Coin from Damage.
Visible Damage, which includes anything from finger prints/oils to being stepped on. More importantly, Environmental Damage, including such things as exposure to the air, or the wrong kind of air, chemicals in the air, and touching other objects (e.g.: certain plastics, liquids, food) and other coins, which will change the appearance and even structure of the coin. Damage causes loss of Value, which means Your Investment. A slab is an air tight container, and its purpose is Protection.
Reason No 2. To Establish Authenticity.
You want and need to know that your coin is not only the Real thing, but that it has not been altered (changing a mint mark - fraud) or changed, for example by cleaning, polishing, changing the appearance or surface of the coin, in any way that would render your coin unfit to collect. If it is Unfit to Collect, there won’t be many Buyers or Sellers. Many coins graded by lesser companies end up getting Rejected by one of the Top Four for these reasons.
Reason No 3. To Establish Identity.
Is that 1909 Lincoln penny a VDB? Did you overlook the “S” mint mark. Is it a Type 1 or Type 2? These little identifying marks can mean the difference between a $20 coin and one worth $35,000. We all make mistakes and overlook or miss, mint marks, details, and certain other identifying factors which make up “Varities” of each coin. It is the professional’s duty to look for, and establish these things to determine a coin’s true Identity.
Reason No 4. To Establish the Coin’s Grade.
A coin’s Grade is what determines its Value. You want Good Value when you Buy the coin. You want to get what you pay for (or more) and not get cheated. When you get ready to Sell or Upgrade, you want to get the most for your coin. You have to Know what your coin is Worth! The Grade is always an Issue when Buying and Selling a Collectible Coin. Having the coin Professionally Certified and Graded virtually eliminates this Issue, and the Arguments. This is Your Neutral Third Party.
Reason No 5. Trust and Credibility.
The Top Four companies are Consistent, Reliable and Trustworthy. They have Established and Respected Reputations. Their Standards are the Highest and the Best. You are taking a Risk when buying a certified and graded coin from any other company. When you Sell a Certified and Graded Coin, it will speak for you. The reputation of the Grading Company will firmly establish the Grade of the Coin. This translates into the Value or Worth of the Coin.
It is possible to buy and sell a coin that is Certified and Graded by one of the Top Four, sight unseen, and know exactly what you are getting. From a description of the coin (e.g.: 1903 O, MS66, NGC, Morgan #034), you know what you are buying, and what to expect. It always helps to have a little description of its appearance, such as “white hot” or “slight reverse toning”, since there is one limitation to selling a Certified and Graded coin sight unseen: It is still possible to buy an ugly coin. But that is why we have scanners, fax and email.
Therefore, as a Coin Collector and Investor, always collect Certified and Graded coins by one of the Top Four. It is the most reasonable way to verify authenticity and identity of every coin in your collection, as well as to establish a reliable Value. Every source of prices for any coin, be it a yearly book, magazine, a weekly or monthly newsprint; all base their prices on the Grading Standards of the Top Four grading companies, which strictly follow the ANA (American Numismatic Association) guidelines. If the Grade of your coin does not measure up to these Standards, then you are only guessing at the Value.
Robert L Taylor, JD
Copyright ©2006, Robert L Taylor, JD
About the Author
Robert Taylor is a 60 year old retired Lawyer, from Denver, CO, who spent most of his career representing people who could not afford an attorney, and who has had a passion for collecting US coins, since the age of 6. Wanting to share his Passion, he created http://www.ThePerfect-Coin.Com which features US Rare and Modern Coins (from 1960) and http://www.PerfectDollarCoins.Com featuring US Dollar Coins (from 1878), all Certified and Graded by NGC, PCGS, ICG and ANACS.
Lot of Walking Liberty Halves
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 1899 SCARCE ANTIQUE MORGAN SILVER DOLLAR CERTIFIED MS 61 BETTER DATE  US $209.00
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 1931 S CERTIFIED MS64 RB EARLY LINCOLN CENT BEAUTIFUL ORIGINAL LUSTER US $169.00
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 1921 RARE ANTIQUE PEACE SILVER DOLLAR CERTIFIED AU55 BETTER DATE FREE SHIPPING US $109.00
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 1981 S ROOSEVELT DIME PERFECT PROOF 70 DEEP CAMEO TYPE 1 BEAUTY CERTIFIED US $29.99
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 1919 D BUFFALO NICKEL CERTIFIED ICG VF 25 SCARCE EARLY DATE US $110.00
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 2006 P Ben Franklin S$1 Scientist MS70 1st Day Issue US $125.00
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 1921 MORGAN DOLLAR MS63 ICG US $39.00
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 2012 SILVER EAGLE MS70 ICG US $44.00
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 No Reserve MS70 $5 Gold Half Eagle Coin 2005 US $199.00
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 No Reserve MS70 $5 Gold Half Eagle Coin 2007 US $199.00
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 1992 S PROOF SET ICG PR70 DCAM US $40.00
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 2005 SILVER EAGLE CERTIFIED ICG MS 70 US $56.00
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 2012 ICG MS 70 Silver Dollar Eagle First Day of Issue 2058 of 3957 w Box COA US $36.00
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 1981 S Susan B Anthony Proof Type 1 ICG dcam SBA $1 US $15.00
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 2002 S ICG PR70 DCAM STATE QUARTER SET US $39.95
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 2007W SILVER EAGLE CERTIFIED GRADED BY ICG AS A MS69 SATIN FINISH US $60.00
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 ICG 1977S PR70 DCAM QUARTER 25c US $25.00
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 2005 S BUFFALO TYPE JEFF NICKEL PR70 DCAM ICG This is a pretty Coin US $42.00
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 2000 S Sacagawea Dollar Proof 70 DCAM Certified US $1.04
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 2001 S Sacagawea Dollar Proof 70 DCAM Certified US $11.13
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 2002 S Sacagawea Dollar Proof 70 DCAM Certified US $1.04
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 1999 D SUSAN B ANTHONY DOLLAR ICG MS 68 ICG 490 US $124.99
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 2000 S SACAGAWEA DOLLAR PR69 DCAM ICG 865 US $11.50
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 2002 D SACAGAWEA DOLLAR MS67 ICG 127 US $11.99
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 2005 S SACAGAWEA DOLLAR PR70 DCAM ICG 718 US $99.99
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 2007 D THOMAS JEFFERSON DOLLAR ICG MS 67 102 US $9.99
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 2007 P THOMAS JEFFERSON DOLLAR ICG MS 67 101 US $9.99
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 2004 S SILVER KENNEDY HALF DOLLAR PR69 DCAM ICG Q12 US $19.99
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 2005 $5 American Eagle 1 10 OZ PROOF GOLD COIN GRADED PR 70 DCAM NO RES US $193.50
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 FIRST DAY of ISSUE2005 P Ocean View 5cICG MS676497 of 19913 US $2.99
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 1974 S CLAD KENNEDY HALF DOLLAR PR69 DCAM ICG 492 US $11.99
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 1981 S T1 CLAD KENNEDY HALF DOLLAR PR69 DCAM ICG 332 US $18.99
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 2006 W $5 American Eagle 1 10 OZ GOLD COIN GRADED MS 70 NICE NO RES US $167.50
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 2000 S 2006 S ICG PR 70 DCAM KENNEDY HALF DOLLARS 63 US $349.99
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 1875 S $1 ICG AU50 First Reverse About Uncirculated US $104.27
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 2001 SILVER STATE QUARTER SET ICG 70 DCAM 5 COINS US $100.00
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 2001 AMERICAN EAGLE SILVER DOLLAR ONE TROY OUNCE ICG MS69 US $99.00
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 2002 $5 GOLD AMERICAN EAGLE MS70 BU GOLD PERFECT US $179.00
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 WINNER TAKE ALL LOT NGC ICG 1849 LARGE CENT 1868 2 CENT PIECE MORE US $33.00
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 1999 S SILVER Connecticut PR70 DEEP CAMEO CT ICG Proof State Quarter PF70 US $14.50
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