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Welcome
To The House Of
CAMACS
An affiliate
of
POCKET
CHANGE
P.O.
Box 2607
Alamogordo,
New Mexico 88311
505-437-5424
Coin Dealer and Numismatist
Comments
about
THIRD
PARTY GRADING COMPANIES
(SLABBING)
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| HALLMARK |
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I invite any and
all of the grading services to contact me
for further comments
camacs@zianet.com
or
505-437-5424
THIRD PARTY GRADING COMPANIES
There are many third party coin grading companies, I will try to give an overview of each of several of the most noted ones here. I have been around coins most of my life and have seen many changes in the grading system. Not that grades themselves have changed, but more grades and adjectives have been added through the years to better describe the condition of a particular coins. No one is perfect and mistakes in grading do happen.
Also do not always depend on the grades given the coins by the grading services. Learn to grade coins yourself, ask questions and find a dealer you can trust and learn from. Nothing can replace experience and knowledge.
It is believed, but not proven, that some companies show favoritism to those who submit large quantities of coins as well as to those who are owners/dealers associated with the company. Although not proven it should be a factor when buying or selling slabbed coins.
This also brings to light the practice of "Cracking Out" a coin for resubmission. If a person finds a nice coin that is high end for the certified grade and the value between the current grade and the next higher grade is large enough, the coin gets broken out of its slab and resubmitted hoping for the higher grade. If the value is great enough, the coin may be cracked out and resubmitted several times until it gets the higher grade.
WARNING
Many of these sell for a fraction of market value for the grade listed..
and are still over priced for what you get.
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| PCGS | Professional Coin Grading Service | |||||
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One of the top four grading companies and the one most accepted for “sight unseen” trading. PCGS is part of Collectors Universe, who's primary owners/CEOs are among the nations largest coin dealers.
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| ICG | Independent Coin Grading Company | |||||
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One of the top four grading
companies. Owners/graders do not buy, sell or trade in coins.
ICG also has the intercept® insert ring, the only company with this product. (order your intercept shield products here) They tend to be tough on gold and easier on modern proofs.
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| NGC | Numismatic Guaranty Corporation of America | |||||
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One of the top four grading
companies, some of the owners are also major dealers.
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| ANACS | ||||||
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One of the top four grading
companies, Once owned by The ANA and one of the first third party services
to authentic and grade coins
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| SEGS | Sovereign Entities Grading Service Inc. | |||||
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| ICCS | International Coin Certification Service | |||||
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A Canadian based grading company.
2010 Yonge Street
Phone 416-488-8620
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No longer in business, but
always a pleasure to find one of their products.
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| NTC | Numistrust | |||||
| This is a new grading service from what I have seen they are not very consistent and tend to overgrade. | ||||||
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