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Replies: 9 / Views: 1,111 |
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Pillar of the Community
United States
1208 Posts |
I notice on ebay that there is a grading company slabbing everything "MS-70"! WTH?!? Every coin they get can't be " perfect".  Anyone heard of "SGS"? They have yellow slabs... I think I'll just steer clear. Edited by ratio411 07/08/2008 7:18 pm
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Valued Member
United States
429 Posts |
Look at the grading company and you will notice it is some guy slabbing them in his basement and making them look close to some of the big companies. I fell for this in one of by first bids and was lucky that I ended up paying what the actual price was and not more. What is really upsetting is how they grade them and then use the PCSG prices to sell them. I know that I have found some high grade coins but nothing at an MS-70, let alone every coin I get ahold of.
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Moderator
 United States
23522 Posts |
SGS? Yep. They're all MS70's.  Search the Forum for some enjoyable reading about those folks.
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Rest in Peace
United States
5375 Posts |
Steer clear of 'INB' sold my 'numismaticbureau' too, it's the same exact racket.
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Pillar of the Community
United States
5318 Posts |
"there is a grading company slabbing everything "MS-70"! WTH?!?" It's because they have an insider at the mint, who grabs the very first, perfect strikes just off the press?   Guess not!
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Pillar of the Community
United States
2443 Posts |
I knew this was going to be about SGS. Do you know what SGS means? Satan's Grading Service 
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Moderator
 United States
6563 Posts |
I thought it was Santa's Grading Surprise
You seem to always get a lovely present from this company every time
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Pillar of the Community
United States
2443 Posts |
Actually, I think it was suppose to be Stan's Grading Service but unfortunately for Stan his vision is horrible in the basement and as he was printing the MS70 labels from his computer he added an extra a.
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Valued Member
United States
311 Posts |
Shoot, I have a coin in one of their slabs that isn't even identified correctly (label says it's an S-mint; it isn't). Completely untrustworthy.
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Pillar of the Community
 United States
1208 Posts |
I have reached the point where I only bid on PCGS anymore. Even ANACs and NGC are looking less and less accurate to me anymore. (opinion) I will pay a premium to make sure it is PCGS, especially when the auction has really hi-def pictures.
I don't sell coins... but those of you that do: Take several pics, and very close up/clear. Those are the auctions I will pay good money for.
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Replies: 9 / Views: 1,111 |
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