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Interesting | National Grading Service Company

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 Posted 03/14/2010  12:19 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Not even with stolen money.
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 Posted 03/14/2010  12:22 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
Just out of curiosity, I emailed that seller to see what his asking price for that Morgan is.

I know book value of an actual MS-65 1884-S Morgan is around $250,000( Red Book price).
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 Posted 03/14/2010  12:29 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list
Yup. Looks like it just may be HIS grading "company."
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 Posted 03/14/2010  12:32 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list

Quote:
*** Edited by Staff to clarify topic title. Titles are important! ***


My badInteresting-|-National-Grading-Service-Company
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 Posted 03/14/2010  2:55 pm  Show Profile   Bookmark this reply Add Eagles700LvL to your friends list
Actually the post looks familiar. I believe that the same/similar post was on Philadelphia craigslist recently.
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 Posted 03/14/2010  3:07 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
Still waiting for a reply to my email regarding asking price for the Morgan.
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 Posted 03/14/2010  3:12 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
Not for nothing, but everything he has listed in his ad, if they were graded by a reputable grading service, are all high end coins with 5 or 6 digit values, according to Red Book.
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 Posted 03/14/2010  4:52 pm  Show Profile   Bookmark this reply Add Eagles700LvL to your friends list
To me that makes it more suspicious, if you have coins with values in the 5 or 6 digits values, why not send it to a reputable grading service?
Edited by Eagles700LvL
03/14/2010 4:54 pm
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 Posted 03/14/2010  5:26 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I am going to tell you, the coin he has pictured is no where near a MS-65 and with this "grading service" you have no guarantee of authenticity or anything. All the coin being key dates or worth quite a bit in higher grades doesn't give me a calming feeling about this seller either. You can buy copies on ebay all day long that look good enough to foll most collectors and even some experts that do not have the word "copy" on the coins so this slab coupled with the fast all coins are worth copying just makes me suspicious
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 Posted 03/14/2010  7:15 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
I now know this is a complete and total scam. His reply to my email regarding asking price for that coin is $2,300.00.

Yeoman's book price for an 1884-S Morgan in MS-65 is $250,000.
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 Posted 03/14/2010  7:39 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
XF45 cleaned and, some clown in his garage with Coin World slabs creating his own TPG. These are everywhere. Trust only PCGS,NGC,ANACS,ICG. All others beware.
swcoin.ecrater.com
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 Posted 03/14/2010  7:42 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
Vermont,

I reported his ad directly to craig's list as being a scam. Hopefully they remove it and block this idiot from trying this again on their site.

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 Posted 03/14/2010  7:45 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
That would be good. That's the problem with Craigslist and ebay is they are so big, these guys find a way to slip through the cracks with these scams.
swcoin.ecrater.com
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 Posted 03/14/2010  11:41 pm  Show Profile   Bookmark this reply Add AMFCook to your friends list
I've had quite the email exchange with this seller over his "NGSC" coins. He's been to a few coin shows, doesn't have much knowledge of coins at all, and thinks he has the expertise to grade coins.

I suggested he take all those "NGSC" coins to an experienced dealer, or send them in to a reputable grading service, and I mentioned ANACS, PCGS, and NGC to him, and see what they actually will grade for. I gave him the link to numismedia.com, and also recommended Yeoman's Red Book to him to get an idea of fair market price for his coins.

I told him I hope he has genuine coins issued by the US mint, and wished him luck, but also cautioned him that he would kick himself in the rearend if he sold a genuine 1884-S Morgan MS-68, numismedia.com valued one for $937,500.00, for a mere $2300.00.

Hopefully he takes my advice.
Edited by AMFCook
03/14/2010 11:44 pm
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 Posted 03/15/2010  04:51 am  Show Profile   Bookmark this reply Add benchede to your friends list
Gee, I want that 1895o in MS68.....dang, what a con!!
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