United States Coin Grading Service - Coin Community Forum

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Author	Replies: 10 / Views: 2,871
RealtorInWi Valued Member United States 94 Posts	Posted 01/15/2006 12:43 am Has anyone ever heard of this place? I've only Googled it, and found nothing but ebay.... Yet this person seems to use it quite a bit: http://feedback.ebay.com/ws/eBayISA...0757&frm=284 For example: http://cgi.ebay.com/1944-S-WALKING-...cmdZViewItem Thanks for any input! Report this Post to the Staff

Susanlynn9 Forum Mom United States 5877 Posts	Posted 01/15/2006 12:51 am It's funny that you should post this tonight. I just saw this seller's coins and commented to Bobby on yet another fly-by-night grading service. I bid on an Indian Head that this guy is selling. Didn't care about the holder. There is nothing on Google that I could find and I can't find anybody else selling these except this one seller. Probably doing it in his basement and selling them. Won't be the first time....or the last. Report this Post to the Staff
RealtorInWi Valued Member United States 94 Posts	Posted 01/15/2006 12:55 am Lol.. I just sent him a question regarding them. Basically stating that I can't find any information about them, bla bla bla, where are they located?.. We'll see if he even responds to it. Surprising that his feedback rate is so high, though.. Only 2 negs in the last 12 months. Report this Post to the Staff
Mike Rest in Peace United States 2884 Posts	Posted 01/15/2006 01:40 am I looked at his feedback and looked up his completed sales. He also sells (sold) Numitrust slabbed coins and a few ANAC'S as well. He has one Neg that says the MS70 was really a MS65. A lot of his completed sales reflect low sale prices indicating to me that people are bidding low knowing the grades are inflated. Another interesting thing is that not all of his coins are graded off the map. There were VF30's to AU58's in his completed sales as well as the high grades. Many of the Dollar coins looked great.It will be interesting to see who he says USCGS is. I think it's clear that its him![:0] Mike Report this Post to the Staff
Susanlynn9 Forum Mom United States 5877 Posts	Posted 01/15/2006 01:45 am I did notice that many of these coins are low grades. The IHC that I'm bidding on is only a G6 (which I'm bidding on as a G4). I hope I win it so that I can see why it was felt that the coin was better than G4. Obviously, this coin would be cracked out the minute I have it anyway. Report this Post to the Staff
djluster Pillar of the Community United States 1327 Posts	Posted 01/15/2006 01:54 am There was a right up on them in the Jan 9th 2006 Coin World. they have been grading coins four four years now here is a link to there website http://www.numistrust.com/hope this help Iwould not buy these coins unless you figure at least two or three grades lower then on the label. stick with the main 4 or don't buy slabs Report this Post to the Staff
Susanlynn9 Forum Mom United States 5877 Posts	Posted 01/15/2006 01:59 am Actually, I just realized that the auction I bid on ended a while ago. Here is the link to the auction: http://cgi.ebay.com/ws/eBayISAPI.dl...m=8369165103 It's amazing that people don't realize that coins being sold in substandard slabs sell for considerably less money. I had every intention of cracking this out and selling it raw in the $35 range (unless there were problems with the coin that I wasn't aware of.) If the seller had sold this coin as raw, I think he could have seen at least $30 for it. Report this Post to the Staff
RealtorInWi Valued Member United States 94 Posts	Posted 01/15/2006 3:33 pm His exact response: "TO TELL YOU THE TRUTH I CAN'T REALLY SAY. I SUBMIT MY COINS THRU A DEALER FRIEND. HE SAYS THEY ONLY ACCEPT SUBMISSIONS FROM DEALERS AND ARE CURRENTLY NOT ACCEPTING NEW CUSTOMERS SO I SUBMIT THRU HIM. THANKS FOR YOUR INTEREST IN MY AUCTIONS. RANDY" Sounds just a little shady to me--lol.. Edited by RealtorInWi 01/15/2006 8:59 pm Report this Post to the Staff
Heather the Hoarder Valued Member United States 123 Posts	Posted 01/15/2006 4:01 pm It's amazing how many fly-by-night slab companies are out there. I have never liked slabs anyway, so I haven't paid much attention, but from reading posts on the subject here I am truly amazed, although I should perhaps not be so surprised. The only time I prefer to buy a slabbed coin is when it is an issue that is commonly faked, and then I will only consider the major grading services. This hobby sure is full of scams, but fortunately many of them are easily uncovered. Heather Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 01/15/2006 4:05 pm Even from the bad pics I would have a hard time giving it a G6 rating I would have said AG which is what the high bidder paid for. Report this Post to the Staff
Susanlynn9 Forum Mom United States 5877 Posts	Posted 01/16/2006 5:26 pm Really? It looked to me as though the rims and lettering were complete, making it a G4. Report this Post to the Staff
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