| Author |
 Replies: 14 / Views: 3,965 |
|
|
Valued Member
United States
280 Posts |
I bought an MS-70 1975-D nickel a few months ago at a coin show for $1. I have been doing some research, and cannot find a nickel like mine for sale anywhere. I couldn't even find a listing on ebay for one! I'm not sure if this is because it is super rare or as common as dirt. Can anybody help me out here?  Edited by jlgaudlitz95
12/08/2012 12:55 am
|
|
|
|
Valued Member
Germany
138 Posts |
An MS-70 is pretty high. My first question is who graded the coin? Is it in a slab? Is there a company name?
It may just be graded by a basement slabber. Do you have pictures?
|
|
Pillar of the Community
United States
2651 Posts |
I guess it depends on which grading company graded it. PCGS hasn't graded any 1975 Nickels at MS70 according to their population report. I would suspect you have a MS70 Nickel from a lesser known grading company.
Pics?
|
|
Valued Member
 United States
280 Posts |
No pictures right now, but it was graded by SGS. It has a hologram on the back and everything- seems legit. No evidence of tampering, etc. Looks like full steps, too.
|
|
Bedrock of the Community
13014 Posts |
99.9 percent of coins graded by SGS get the 70 label. Their grades mean nothing. It may be a nice nickel that would grade well but its basically just a raw 75-d nickel in that holder.
PCGS, NGC, ANACS and ICG are the only current grading companies that are reputable that are in existence right now.
|
|
Valued Member
United States
280 Posts |
Does anyone have a population report for SGS 1975-D nickels? That would help us figure it out.
|
|
Valued Member
Germany
138 Posts |
|
|
Valued Member
United States
280 Posts |
Upon close inspection, I do see minor contact marks on the front and back. Nothing large or distracting, but enough to knock it down a few grades at PCGS. It is still a nice coin, and does have full (or close to full) steps and nice toning. I'll try to get some pictures up later.
Edited by jlgaudlitz95
12/08/2012 12:49 am
|
|
Bedrock of the Community
13014 Posts |
Quote:
Does anyone have a population report for SGS 1975-D nickels? Theres no need to check that it doesn't mean anything. Hate to be the bearer of bad news but you only paid a dollar so I wouldnt worry about it thats not a bad price if it is uncirculated |
|
Bedrock of the Community
United States
12437 Posts |
Quote:
Does anyone have a population report for SGS 1975-D nickels? SGS is essentially a self-slabber, i.e. a dealer putting his own inventory in clamshell holders. It is not a real TPG so they do not have pop reports. |
|
Pillar of the Community
United States
2661 Posts |
You have learned a hard but cheap lesson, and that is NOT to buy SGS graded coins. Take a look on ebay and you will see that nearly every single one in an SGS slab is graded MS or PF 70. If you confront them about it they will tell you that they have had over 50 years experience in the business and are better than PCGS or NGC at what they do. |
|
Pillar of the Community
United States
4901 Posts |
...and if you sell it on ebay you have to list it as a raw coin without a grade attached |
|
Pillar of the Community
Israel
2420 Posts |
I have actually seen an SGS MS70 coin on ebay that I believe is not even UNC.. I'll share the link if I could find it. |
|
Pillar of the Community
United States
3755 Posts |
If you do buy a coin in an SGS slab, do NOT pay the value of the grade on it. In no other case is it more true that you buy the coin, not the slab.
|
|
Rest in Peace
United States
3039 Posts |
SGS = Suspect Grading System ?
|
| |
Replies: 14 / Views: 3,965 |
|
Posted 12/07/2012 11:59 pm
