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1888 Morgan Silver Dollar MS-67 What's It's Value? Pic Posted

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Ozland's Avatar
United States
709 Posts
 Posted 03/04/2010  11:57 am  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply
These lower tier alphabet grading companies all over grade coins. This is how they make their money. The grade is their opinion. You can package horse manure like hamburger meat. You can sell it as hamburger meat but in the end it will still stink like horse manure.

The top four rated third party grading companies are (in no certain order) PCGS, NGC, ANACS and ICG.
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 03/04/2010  2:33 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
The grade is their opinion

Some of the coins I have seen in basement slabs, if this is their honest opinion on the grade then they should not be dealing in coins what so ever. I am no expert but I can definitely tell a highly circulated coin from a MS-67 coin or even a MS-63 coin but most of these basement slabbers just try to prey on the uneducated knowing there is no way these problem coins would ever grade anywhere near what they have on the label and hope these collectors will trust it because its in a plastic holder that looks like something a TPG would use I love threads like this where the potential buyer does some homework before purchasing a coin they think is a great value because so many times we can only tell them the truth when its to late and they have already thrown away their money and there is no way to get their money back
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