Coin Mart Grading Service - Coin Community Forum

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Author	Replies: 6 / Views: 4,359
TheForce Pillar of the Community United States 4867 Posts	Posted 12/06/2016 3:27 pm What are your thoughts on the grading service "Coin Mart"? Sellers who have coins slabbed by them are fairly reasonably priced. I have considered buying but to take them out of the slab. Looking at this: http://www.ebay.com/itm/1960-Coin-M...AOSwSzdXB93H Report this Post to the Staff

ace_ftw Pillar of the Community Canada 1747 Posts	Posted 12/06/2016 4:14 pm I am not an expert in grading, but I have met the gentleman who owns this business, and seems to be honest, and easy to deal with. from the pictured 50 cent piece if it is not an MS-62, I would say it would be higher grade, versus a lower one. Report this Post to the Staff
TheForce Pillar of the Community United States 4867 Posts	Posted 12/06/2016 4:43 pm Thanks ace, that is very reassuring to know! Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4591 Posts	Posted 12/06/2016 6:57 pm Coin Mart isn't a TPG (Third party grader), they are a FPG (first party), i.e. they are grading for their own sales. That's how it used to be. You looked at the coin and gave a grade, the dealer looked at the coin and gave a grade and a price. If you agreed you had a deal. If you didn't, you passed. This type of holder - heat sealed flip - was actually one of the first North American holdering services (David Hall). -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 12/06/2016 8:53 pm It's no different from buying from any seller that grades their own wares. Nothing inherently wrong with that. Report this Post to the Staff
AgHoarder Pillar of the Community Canada 818 Posts	Posted 12/06/2016 9:06 pm I stopped looking at their listings a while ago because I felt they were over-priced. They do offer a "make-an-offer" option on most of their listings and will come down a bit. Their grading is fairly accurate IMO. Here is a recent thread referring to them cross-grading ICCS coins: http://goccf.com/t/255241&whichpage=1 Report this Post to the Staff
kanga Pillar of the Community United States 5825 Posts	Posted 12/07/2016 08:20 am This is where the expression "buy the coin, not the slab" becomes particularly important. I don't know whether Coin Mart has any significant history. Report this Post to the Staff
	Replies: 6 / Views: 4,359

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