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Any Coin Grading Companies In Asia?

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Pheroow's Avatar
United Arab Emirates
283 Posts
 Posted 07/03/2013  11:03 am Show Profile   Bookmark this topic Add Pheroow to your friends list Get a Link to this Message Number of Subscribers
Hello guys,
I am from and live in the UAE, which is in the middle east (South-Western Asia)
I want to have many of my coins graded but I do not want to send them to the US, it will take a long time and I have no patience :|
So, does anyone know of a grading company in Asia, other than the PCGS in hong kong?
I want one closer to me, even if it is in Europe or Africa.
I am sure there probably isn't any.
I want some Ancients, Medievals, and Moderns to be graded.
Thanks in advance!
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basebal21's Avatar
13014 Posts
 Posted 07/03/2013  1:30 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I know PCGS also has their European office in France
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Bacchus2's Avatar
United Kingdom
2890 Posts
 Posted 07/03/2013  1:47 pm  Show Profile   Bookmark this reply Add Bacchus2 to your friends list Get a Link to this Reply
I'm not at all convinced that TPG for ancients or medieval is worth it. Perhaps for super high end modern coins (£1,000+) there might be a case - though that's largely based around keeping the thing in a case rather than paying (a lot) for someones else's opinion.

Ancient and medieval coins have "soul" - I'd never entomb that.
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Pheroow's Avatar
United Arab Emirates
283 Posts
 Posted 07/03/2013  6:33 pm  Show Profile   Bookmark this reply Add Pheroow to your friends list Get a Link to this Reply
Well, that, I agree with.
But coin customers in my country doubt my ancient products.
They think my coins will never pass a TPG process.
And they only trade with coins that are encapsulated. ( my local town's community doesn't :D )
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basebal21's Avatar
13014 Posts
 Posted 07/03/2013  6:59 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I strongly prefer PCGS over NGC but for you NGC might actually be better. They look like they have an office in Germany and Switzerland. I'm not sure about PCGS Europe but in the US at least they dont do ancient coins. They may over seas though
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Sap's Avatar
Australia
16859 Posts
 Posted 07/03/2013  9:03 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Slabbing is still very much a North American phenomenon. Despite vigorous colonization efforts, there's still very little uptake or interest in the process among collectors in either Europe or Asia, generally. The only "native" slabbing company on the Eurasian continent is CGS in Britain, and they only do British coins. As for Africa, coin collecting itself is still very much in its infancy, so I doubt we'll see an African-based slabbing company any time this millennium.

So your best bet is sending them to one of the American slabbing colonies. The coins the companies will or won't slab are exactly the same in the colonies as they are back in America, so PCGS in France or Hong Kong won't slab your ancients or mediaevals.

NGC will slab ancient Greek and Roman, but the only mediaevals they do are Byzantine and post-1300 Europe. See here and here for more details on what they will and won't accept.

As for where, there are other options besides joining NGC and sending them direct; there are four accredited NGC dealers in Asia - see this list. All in eastern Asia, I'm afraid, so I'm not sure you'd gain much - and you'd be doubling the number of times your coins need to fly in an airplane.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Conder101's Avatar
United States
17884 Posts
 Posted 07/04/2013  3:22 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The only "native" slabbing company on the Eurasian continent is CGS in Britain, and they only do British coins.

There is also a service in Poland. From what I understand they are fairly well accepted in Poland but that's about it.
New Member
South Africa
12 Posts
 Posted 07/15/2013  10:10 pm  Show Profile   Bookmark this reply Add Sosi to your friends list Get a Link to this Reply
There is a grading company in South Africa SANGS ( South Africa Numismatic Grading Service ) who is gaining a foothold in the south african graded coins market but I think for now they only grade the south african mint products like Kruger Rands & Mandela coins .
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Conder101's Avatar
United States
17884 Posts
 Posted 07/16/2013  11:07 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Sosi,

Have you seen any inexpensive coin in SANGS slabs? I could use one for my reference set. If not I could use good from and back images of their slabs/holder.

By the way the oldest slabbing service I have record of was from South Africa SAGSE, South Africa Gold and Silver Exchange, the only thing the slabbed were proof Krands and proof fractional Krands using a 105 point grading scale. They dated from around 1975.
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South Africa
12 Posts
 Posted 07/16/2013  4:11 pm  Show Profile   Bookmark this reply Add Sosi to your friends list Get a Link to this Reply
Hi Conder
I saw few R5.00 Mandela 90th Birth Day SANGS Graded Coins going for ZAR120.00 which is US$12.00 . I submit few to Sangs for grading and I will get them by the end of july then I will download an image on CC that you can use as a reference . I never saw a SAGSE graded coins and I don't think they still exist .
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austrokiwi's Avatar
2087 Posts
 Posted 07/17/2013  12:39 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
A European perspective.

  • Graders in TPG companies are instructed to take 30 seconds to grade a coin. The average European collector would walk out of a shop, never to return, if a dealer took such a cursory and shallow approach.

  • TPG works for US coins simply because there is such a small ( I am speaking relatively) group of coin types to be graded. I can see TPGs having numerous complaints and a huge loss of credibility if they tried to grade the huge variety of coin types found in Europe. I doubt few US graders could accurately grade a lion thaler ( a coin often that came out of the dies looking like XF at best

  • The other problem is TPGS do not adapt to the market...they want to inflict the US grading system on countries that already have their own grading systems

  • Can any of you imagine a French Coin collector tolerating a Slab bearing Script written in English?

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basebal21's Avatar
13014 Posts
 Posted 07/17/2013  04:35 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The other problem is TPGS do not adapt to the market


I think were going to be seeing that changing with the world wide office locations opening. Their test runs in other markets went well enough for them to decide to go through with opening up the offices which I'm sure will cater more to the region than in the past where their graders just went on trips to shows.
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United Kingdom
1351 Posts
 Posted 07/17/2013  06:41 am  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
The Chinese slab ccins...what ever holder you want
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austrokiwi's Avatar
2087 Posts
 Posted 07/18/2013  01:38 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply

Quote:
I think were going to be seeing that changing with the world wide office locations opening.



The signs I have seen are not good. I attended the ANA summer seminar. A German dealer from Berlin also attended and took two grading classes. At the beginning of the first class he was congratulated on being ahead of the pack. The impression he gained was that the expectation is that Europe will adopt the American system. He attended the classes not to take US grading to Europe but rather he has many Americans visiting his shop and they are not happy buying when told the European grade....so he wanted to learn so he could sell coins to American tourists. He commented to me that TPG grading will only start to work when there are clear equivalence tables created. However I suspect TPGs would be nervous about this......because as the German dealer said US collectors are not going to be impressed when they see a MS64 grade is officially only an XF grade in Europe.
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basebal21's Avatar
13014 Posts
 Posted 07/18/2013  01:59 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The signs I have seen are not good.


Its entirely possible their tests in the markets did well enough with the same system they think it will gain traction over time. That could be their plan to see how that works out, as long as theyre profitable there even with just a niche market they dont really have to redo everything. In fairness to them they could still be feeling everything out deciding how they want to proceed forward at this point or see if they can try and bring some uniformity to all of the grading across the globe.

I wouldnt be surprised though if at some point you started seeing the offices in different continents acting almost like their own companies under the same name making more local adjustments as they grow.
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austrokiwi's Avatar
2087 Posts
 Posted 07/19/2013  4:15 pm  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
May be but I have seen how the TPG's perform in coin shows in Vienna. As posted in another thread.... Their stands were the least visited and looked like a failure...yet a week later I would see media releases saying how successful their stands had been. It gave me the perception they were still selling to the US with little fear that there dissimulation would be found out.
Edited by austrokiwi
07/19/2013 4:16 pm
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