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 Replies: 11 / Views: 1,167 |
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New Member
United States
7 Posts |
Hi everyone, found your forum and felt compelled to join after doing a little research here about SGS after seeing some coins graded by them. I am getting into collecting with my son as a common interest as well as an investment opportunity. Collecting has mostly consisted of purchasing proof sets for all my children when they were born, and now interested in silver mostly. But also in collecting for the thrill and coolness for my 7-year-old. That being said, when you see something like this on CL   Sorry, these are the best pics they had. Do you just skip them Because they are SGS graded, or do you sometimes look for value deals? These, for instance, are SGS graded MS-65. Identifies the right as "toned" Seller asking $125/BO each, or both for $200. An NGC graded 1921 is selling for $124.99 on Provident metals ( https://www.providentmetals.com/192...-ms65.html). Much different looking coin. I have read through several posts on here about SGS, and am pretty certain of the answer I may get, but had to ask anyway. TIA, John PS, how do you fell about purchasing coins through sites like Provident? Are uncirculated coins from there worth grading? *** Moved by Staff moved to a more appropriate forum. *** |
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Moderator
 United States
14463 Posts |
I moved your post to the appropriate section for the proper attention.   |
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Pillar of the Community
United States
8715 Posts |
I tend to avoid a listing if it has so blurry pictures. I also tend to avoid SGS graded coins. The only reputable grading services are PCGS, NGC, and ANACS. I cannot tell the condition of the coins from the horrible quality photos, but from what I can see they are nowhere close to MS-65. I would avoid this listing. If you are new to coin collecting, try to purchase slabbed coins from only PCGS, NGC, or ANACS. |
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Rest in Peace
United States
7075 Posts |
You could always ask to see them in person before agreeing to buy them but I wouldn't bother. Blurry pictures are enough to make up my mind. |
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Pillar of the Community
United States
4211 Posts |
I started taking my son to coin shows when he was 7 or 8. He just turned 30 last week. It was something both of us enjoyed and he still has some interest in coinage...just different types than I. I am a fairly seasoned collector and don't even look on CL for coins. There are so many fakes, scams, cons and grossly graded coins it isn't worth my time trying to sort it all out. See if there is an active coin club in your area. Also, a brick and mortar coin shop. Educate yourself before spending your hard earned dollars. Pick up a " Red Book". If you have more questions feel free to post them here!  Also, as far as getting coins "graded" there are many examples that the grading fee would exceed the value of the coin. |
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Rest in Peace
10197 Posts |
to the forum!  with the sentiments about CL and SGS, you can't run away fast enough! Too dangerous I have dealt w/ Provident for bullion and a few other items but wouldn't buy a slabbed coin, their markup is over the standard market value elsewhere. Good suggestion above, find out values, I purchase off of on line auction sites, and have got NGC, PCGS and ANACS slabs for way under listing prices. |
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Pillar of the Community
United States
5029 Posts |
to ccf. Some great advice already given. |
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New Member
 United States
7 Posts |
Thanks for all the good tips. Any good places to recommend in MD?
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Moderator
United States
188843 Posts |
to the Community! |
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Bedrock of the Community
United States
94367 Posts |
to the CCF! |
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Pillar of the Community
United States
1326 Posts |
If your're in the market for common-dated Morgans, have you ever considered looking for nice raw examples? BTW I'm not sure what "CL" is, except that I'm sure I never did business with them.
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Pillar of the Community
United States
8715 Posts |
Quote:
BTW I'm not sure what "CL" is, except that I'm sure I never did business with them. "CL" stands for craigslist. |
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Replies: 11 / Views: 1,167 |
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Posted 01/15/2018 6:37 pm
