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How Unreliable Is Sgs(Star Grading Service)?

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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 02/22/2011  4:34 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
SGS IS THE BEST! they always give my coins good grades............. :P I can't trust a company that uses stickers to seal their cases :)
Valued Member
Coin Chaser's Avatar
United States
307 Posts
 Posted 02/23/2011  2:54 pm  Show Profile   Bookmark this reply Add Coin Chaser to your friends list Get a Link to this Reply
Bought 3 coins in SGS slabs. They were certainly not graded properly. The seller said grading was subjective and the grade was what the grader determined it should be. The price I paid was about raw value or less. You could easily use these holders on other coins. What a joke. SGS is a joke.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 02/24/2011  04:26 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Note that they are graded to sgs standards. they don't claim they'll meet any other standards.

Check a can of kaughy to see how many 5 oz cups it will make. Nothing about how many real 8 oz cups.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 02/24/2011  11:34 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Last I knew a "pound" can of coffe is down to about 10 oz now.
New Member
Logic's Avatar
United States
25 Posts
 Posted 03/02/2011  1:12 pm  Show Profile   Bookmark this reply Add Logic to your friends list Get a Link to this Reply
Complete and total scam.
Valued Member
SPQR's Avatar
United States
327 Posts
 Posted 03/04/2011  1:18 pm  Show Profile   Bookmark this reply Add SPQR to your friends list Get a Link to this Reply
They should change their name to DIMG..."done in my garage".
New Member
AuNuggets's Avatar
United States
23 Posts
 Posted 03/04/2011  6:52 pm  Show Profile   Bookmark this reply Add AuNuggets to your friends list Get a Link to this Reply
As others have stated, they grade their own coins to be placed on the numismatic market. Major conflict of interest red flag there. This company regularly slabs MS-70 coins by the roll.......... nuff sed ?
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Dkillett's Avatar
United States
140 Posts
 Posted 03/16/2011  03:03 am  Show Profile   Bookmark this reply Add Dkillett to your friends list Get a Link to this Reply
This company is always a sore spot with me, but on the other hand a constant source of humor as well. I once seen a coin graded by them on ebay that was certified "Genuine". From a company that gives out 70's like they are nothing, how bad does a coin have to be to get a Genuine grade at SGS.
Pillar of the Community
United States
3184 Posts
 Posted 03/16/2011  04:24 am  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
never heard of SGS but they probably aren't any good. Stick with pcgs, ngc, and sometimes anacs.
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penny man's Avatar
United States
659 Posts
 Posted 05/28/2011  8:07 pm  Show Profile   Bookmark this reply Add penny man to your friends list Get a Link to this Reply
from their home page:

Quote:
Our experts have over 100 combined years dealing with rare and valuable coins.

They must have about 200 "experts"
Edited by penny man
05/28/2011 8:07 pm
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murrellington's Avatar
United States
3276 Posts
 Posted 05/29/2011  02:49 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
hahahaha, nice one.

and yeah if that was actually ms70, it would be a coin worth thousands.
Rest in Peace
numismo's Avatar
United States
3039 Posts
 Posted 06/05/2011  12:01 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply

Quote:
....but if you keep to those top three, you should be OK.

I don't know about that. I've got a 1917S Buffalo on another forum. It's graded PCGS F 12 but the LIBERTY is not clear of the rim. I thought that was a must for a F designation no matter which grading guide is used.
Edited by numismo
06/05/2011 12:02 am
Valued Member
tlsweet's Avatar
United States
111 Posts
 Posted 07/24/2011  12:58 pm  Show Profile   Bookmark this reply Add tlsweet to your friends list Get a Link to this Reply
SGS is blind. Unknowing at the time of what people here are saying I bought some ATB P&D 2010 & 2011 sets that he said were MS 70 of course. Right every coin he grades seems to be this.

Getting them home I took them out of the slabs to put in an album and found dings on the edges and each and every coin had some sort of blemish and scratch. Being new I do know these aren't MS70. More like MS63 and some MS65.

Now he won't answer my emails on ebay. Hopefully, ebay will be refunding my money soon because he doesn't want to even give me a partial refund.

Just my 2 cents.

Teena
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/24/2011  1:35 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Now he won't answer my emails on ebay. Hopefully, ebay will be refunding my money soon because he doesn't want to even give me a partial refund.


I'm very sorry to hear this, Teena. You're not likely to get a refund, having cracked the coins out - the seller can easily claim you're returning the wrong coins.
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Adam_E's Avatar
United States
4846 Posts
 Posted 07/24/2011  1:37 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
id rather have my dog grade my coins than SGS.
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