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New? Grading Company Gci "Guaranteed Coins, Inc"

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Rest in Peace
Morgan Fred's Avatar
United States
2684 Posts
 Posted 09/15/2006  11:53 am Show Profile   Bookmark this topic Add Morgan Fred to your friends list Get a Link to this Message Number of Subscribers
Looks like a new grading "company" is on the scene. GCI (Guaranteed Coins, Inc) is now popping up on ebay. Example:

http://cgi.ebay.com/1882-CC-MORGAN-...290029901326

Note the well-designed slabs, cleverly disguised as Coin World holders. Even the labels have reference numbers to show the huge numbers of coins already graded. The company has very high security to the degree that it doesn't have a website.

Anybody seen this company before? At the moment, there's five current listings, about six auctions ended. Curiously, they all seem to be from the same seller who moves around a lot from Florida to Missouri.

Valued Member
coolg35748's Avatar
United States
260 Posts
 Posted 09/16/2006  7:58 pm  Show Profile   Bookmark this reply Add coolg35748 to your friends list Get a Link to this Reply
*Sniff* Smells Unreliable To Me. I wouldnt buy any of the coins. If they get an established website I would still be cautious. The seller moving everywhere doesn't sound like a reliable service either.
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 09/16/2006  8:01 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
gotta love them basement grading companies that use the Coin World holders. They dont even spring for custom cases, atleast SGS does use something besides CoinWorld cases for their coins. I bet this companies grading is better than SGS though (cant be any worse) atleast the coin does look like a MS grade coin in there, with SGS you may get a VF coin with a MS-67 grade on it
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pattiewhack's Avatar
Canada
1152 Posts
 Posted 09/21/2006  10:03 pm  Show Profile   Bookmark this reply Add pattiewhack to your friends list Get a Link to this Reply
WOW! it is soo easy to see the Coin World logo! You are right about the grading though, Bryan.
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wrk4lvg's Avatar
United States
756 Posts
 Posted 09/21/2006  10:53 pm  Show Profile   Bookmark this reply Add wrk4lvg to your friends list Get a Link to this Reply
Awesome pictures?!?!?

Feedback is horrible.

One guy paid 16$ to have 2 1/2 dollars shipped, what are people thinking?
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TLS5933's Avatar
United States
1703 Posts
 Posted 09/22/2006  05:16 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
I don't think this guy plans to be around to long.I read in one of his auctions that he's selling off his whole collection. I'm guessing he bought the Coin World holders to put his coins in, thinking he would get more money from them that way. Terrible pictures, high shipping. He's (she's)not getting much for their coins.
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