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For The Newcomers - Sgs Tgp

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Jlafever's Avatar
United States
120 Posts
 Posted 01/28/2013  11:08 pm Show Profile   Bookmark this topic Add Jlafever to your friends list Get a Link to this Message Number of Subscribers
I've almost never made a slab purchase unless it's from PCGS, NGC, or ANACS. I saw this in a shop (for $2) and thought I'd pick it up so as to post it here for the benefit of those new to coin collecting and/or new to third party grading services. I've read about SGS many times but never have seen grading work first hand until I saw this coin.



For-The-Newcomers---Sgs-Tgp

I want to draw attention to the fingerprint on the 'PR70' specimen. It is much more evident to the naked eye than in the photo. Caveat emptor.
Edited by Jlafever
01/28/2013 11:10 pm
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denco7's Avatar
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 Posted 01/28/2013  11:13 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Nice looking holder though, is that real gold ?
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fioti's Avatar
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4212 Posts
 Posted 01/29/2013  09:02 am  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
And dont forget the Snydely Whiplash scroll.


For-The-Newcomers---Sgs-Tgp
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CoinsKelly's Avatar
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 Posted 01/29/2013  12:35 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
Excellent example! Thanks for sharing.
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SsuperDdave's Avatar
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 Posted 01/29/2013  2:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
SGS, the gift that keeps on giving.
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denco7's Avatar
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 Posted 01/29/2013  2:37 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
And dont forget the Snydely Whiplash scroll.


Or a " tramp stamp " depending on your point of view.
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Broken-Coin's Avatar
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 Posted 01/29/2013  2:43 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
me thinks both SGS & NTC grade on a 100 point system instead of the 70 point system.
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SsuperDdave's Avatar
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 Posted 01/29/2013  3:17 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
me thinks both SGS & NTC grade on a 100 point system instead of the 70 point system.


I would argue they grade on a 15-point system - I've seen roadkill in AU55 slabs.
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Conder101's Avatar
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 Posted 01/29/2013  4:37 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
OK so it has a fingerprint. Was the print visible when it was slabbed? Remember the PCGS PR-70 1964 LMC and the PCGS 2003 MS-70 LMC both turned in their slabs as well. So just because it is ugly and obvious NOW doesn't mean it was when it was slabbed.
Please do not take this as a defense of SGS. If you want to attack them for 70's that have wear or scratches that is great, but for things that could have happened AFTER the slabbing really isn't fair.
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basebal21's Avatar
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 Posted 01/29/2013  5:51 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Condor thats a fair point, but I think the criticism is valid in this case knowing their reputation. PCGS NGC OR ANACS if it happened I would give them the benefit of the doubt knowing their reputation. In the case of SGS had it happened before or after the same grade would appear on the label imo
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vermontensium's Avatar
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 Posted 01/29/2013  6:15 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
SGS (aka: the guy in his basement), puts MS70 on almost everything.

swcoin.ecrater.com
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DNA's Avatar
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2734 Posts
 Posted 01/29/2013  11:30 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Now, wait a minute, everyone.
That's an original 1961 fingerprint from a Mint employee, so the PR-70 grade is totally deserved...

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Jlafever's Avatar
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 Posted 01/30/2013  12:10 am  Show Profile   Bookmark this reply Add Jlafever to your friends list Get a Link to this Reply
Hmmmmm....Conder101, I see the wisdom in your thinking. I do try to give someone the benefit of the doubt. Perhaps I am too hasty in my judgement and it is easy to kick someone when their down. Then again, If it walks like a duck....

fioti - the Snydely Whiplash analogy is hilarious. Even though it's before my time.................NOT!
Edited by Jlafever
01/30/2013 12:11 am
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Jlafever's Avatar
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 Posted 01/30/2013  01:12 am  Show Profile   Bookmark this reply Add Jlafever to your friends list Get a Link to this Reply
I was impressed with the "112070961.00094". Seems legit.......
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Conder101's Avatar
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 Posted 01/30/2013  1:03 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
and it is easy to kick someone when their down.

Especially when everyone else is kicking them.
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denco7's Avatar
United States
2543 Posts
 Posted 01/30/2013  1:20 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
Was the print visible when it was slabbed?


So are you saying it was there when they graded it and missed it by mistake like PCGS or NGC might do ? Or it wasn't prominent enough at the time to be able to see it under 5X magnification. But it was prominent enough to look this nasty several years later.?

I don't understand.
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