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MS-70 57 Lincoln

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Tim Stroud's Avatar
United States
2661 Posts
 Posted 06/22/2011  06:48 am Show Profile   Bookmark this topic Add Tim Stroud to your friends list Get a Link to this Message Number of Subscribers
MS-70-57-Lincoln

I am a gluten for punishment so I am going to another public auction tomorrow night. This is just one of a few coins that are going to be offered up for sale. What do you guys think the chances of this coin being way over graded are? Numismedia does not even list a price for anything graded above MS67.
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Adam_E's Avatar
United States
4846 Posts
 Posted 06/22/2011  07:47 am  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
110%.


SGS overgrades their coins by like 8 points
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BrokaToe's Avatar
United States
175 Posts
 Posted 06/22/2011  08:10 am  Show Profile   Check BrokaToe's eBay Listings Bookmark this reply Add BrokaToe to your friends list Get a Link to this Reply
Yah, if you look through ebay, nearly every coin that you would find graded by SGS is a MS70, what are the odds of that.
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michaeln1306's Avatar
United States
262 Posts
 Posted 06/22/2011  08:28 am  Show Profile   Bookmark this reply Add michaeln1306 to your friends list Get a Link to this Reply
Definitely look at the resell factor if you do decide to resell. I wouldn't pay anything over an MS67 price for it.

I stay completely away from SGS.
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BadThad's Avatar
United States
19930 Posts
 Posted 06/22/2011  09:10 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
100% chance it's over-graded. It may not even be mint state. I've seen exactly ONE coin from basement slabber SGS that was lower than MS-70 and it was a 69. This is NOT a legitimate TPG or even close to legit.
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jamesk's Avatar
United States
81 Posts
 Posted 06/22/2011  09:15 am  Show Profile   Bookmark this reply Add jamesk to your friends list Get a Link to this Reply
I had some of those SGS graded coins. Way over graded, I just crack them and place then in 2x2 s Like they said, everything from them is a 70 grade. Stay away from them. Just my opinion
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upstate's Avatar
United States
3278 Posts
 Posted 06/22/2011  09:23 am  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
SGS = Joke
How do they look at themselves in the mirror in the morning?
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timsumrall's Avatar
United States
1256 Posts
 Posted 06/22/2011  12:58 pm  Show Profile   Bookmark this reply Add timsumrall to your friends list Get a Link to this Reply
Their banks has no mirros?
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/22/2011  1:00 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Any coin from SGS that says MS, I wont pay over AU money for it. There is such a fine line between MS64 and AU58.
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coinseeker's Avatar
United States
119 Posts
 Posted 06/22/2011  3:00 pm  Show Profile   Bookmark this reply Add coinseeker to your friends list Get a Link to this Reply
Did you know that SGS is an acronym?
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coinseeker's Avatar
United States
119 Posts
 Posted 06/22/2011  3:05 pm  Show Profile   Bookmark this reply Add coinseeker to your friends list Get a Link to this Reply
Somebody's Getting Stung
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Hambone's Avatar
United States
609 Posts
 Posted 06/22/2011  3:11 pm  Show Profile   Bookmark this reply Add Hambone to your friends list Get a Link to this Reply
I dont think their elevator goes to the top floor. >.>
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United States
3184 Posts
 Posted 06/22/2011  4:04 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
stick with NGC, PCGS, and ANACs
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 06/22/2011  6:44 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I also have no issues with ICG. I have no clue about SGS, so I cant say. But I will say this. I have NEVER seen an MS70 ANYTHING from 1957.

As I said, I know nothing of SGS, but if this is an example of their grading, I am inclined to agree with the previous comments.
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nickelsearcher's Avatar
United States
15381 Posts
 Posted 06/22/2011  7:31 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
My opinion ... run away fast and do not look back!

SGS is the definition of a basement slabber ... probably a few guys in an unheated garage throwing together pieces of plastic with their own lousy inventory.

Buyer Beware!

David
Take a look at my other hobby ... http://www.jk-dk.art
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Deltron's Avatar
United States
508 Posts
 Posted 06/22/2011  7:46 pm  Show Profile   Bookmark this reply Add Deltron to your friends list Get a Link to this Reply
Since we're talking about graders outside the big three, what do you guys think about NAC ? I have an MS70 ASE that I got for $20 awhile back, really wondering just how accurate their grades are?
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