silverwood Posted January 10, 2006 Report Share Posted January 10, 2006 Hi, I'm an old poster who hasn't been here in quite some time. I had to reregister so maybe that makes me a newbie. Anyway I was hoping to to see if anyone knows something about the the grading service Star Grading Services or SGS? I've never came across them before and was wondering if they are reputable? TIA Link to comment Share on other sites More sharing options...
09S-V.D.B Posted January 11, 2006 Report Share Posted January 11, 2006 SGS? They (aboncom) are technically not a third-party grading service as they sell coins slabbed (well, stickered) by themselves. SGS is infamous for marking up coin grades, sometimes by 10+ points. I would not go near them with a 20 foot pole, if you are going to buy a coin slabbed by them, do not buy it because the label says MS-70, buy it because YOU think it looks nice. Link to comment Share on other sites More sharing options...
Burks Posted January 11, 2006 Report Share Posted January 11, 2006 Never seen or heard of that company before. I'll be sure to stay away. Link to comment Share on other sites More sharing options...
silverwood Posted January 11, 2006 Author Report Share Posted January 11, 2006 Yes thanks for the reply. I thought that when they have a MS70 grade on a coin and by just viewing the picture which is very basic they aren't worth a darn. Do you mean to tell me that someone actually pays for this service? In all actuality I do like this particular coin and without holding it in my hand and only viewing a photo it could pass for ms65. I would only bid ms63 value though. Hey it has been a long time since I posted here and the whole forum looks a bit different but its good to be back. Link to comment Share on other sites More sharing options...
09S-V.D.B Posted January 11, 2006 Report Share Posted January 11, 2006 Welcome back then. I doubt that anyone would actually pay to have a coin graded by them. The only seller is Aboncom, which is SGS. It seems like they pull coins from rolls, slap a gold MS-70 label on, and market them at crazy grades and prices. Link to comment Share on other sites More sharing options...
gxseries Posted January 11, 2006 Report Share Posted January 11, 2006 Here is one excellent advice - buy what's in the plastic tomb and not what it says! What a label states does not necessarily reflect what the coin is supposed to be. A good way to pick out the grades would be if you can get a copy of a photograde book (sorry, I am not too sure of this myself but there should be members who know this better) which specificially tells you how grades are catagorized in the top three tier grading companies, PCGS, NGS and ICG and lately ANACS. Link to comment Share on other sites More sharing options...
Burks Posted January 11, 2006 Report Share Posted January 11, 2006 top three tier grading companies, PCGS, NGS and ICG and lately ANACS. You mean NGC right? Those are the only 4 companies I'd really trust if I were to buy the slab and not the coin. ANACS and NGC are my top choices. Link to comment Share on other sites More sharing options...
gxseries Posted January 11, 2006 Report Share Posted January 11, 2006 OMG, pardon my typo there - yes it's NGC. Must be my left hand that's being awfully sleepy today. Link to comment Share on other sites More sharing options...
stu62 Posted January 11, 2006 Report Share Posted January 11, 2006 SGS is an e-bay seller who slabs the coins himself.In theory anyone could do the same. I suppose when you buy a slabbed coin you are buying the rep of the slabber. Link to comment Share on other sites More sharing options...
Sir Sisu Posted January 11, 2006 Report Share Posted January 11, 2006 There is also a "company" called ACG that appears to be exclusively sold by a single seller on eBay. Mind you, some of the stuff offered is very nice, but it does look like homemade slabbing IMO. Link to comment Share on other sites More sharing options...
mcsgonzo Posted August 29, 2006 Report Share Posted August 29, 2006 I agree with the top 4 coin graders - PCGS, NGC, ANACS and ICG. I've seen a lot of SGS and INB - especially on EBAY - these should be avoided. Buy yourself "The Official American Numismatic Association Grading Standards for US Coins" book ($17) and the most current "Coin Value" magazine ($5) - I use these book religiously. Only buy a coin the can be clearly viewed and compared to what is displayed in the Numismatic book - then grading the coin fairly - look up the price in the Coin Value magazine - I always look for a good sale and stay away from the top price. Link to comment Share on other sites More sharing options...
dprice Posted August 29, 2006 Report Share Posted August 29, 2006 What about PCI in coin world. I have seen 2 of there slabs and they look good. Does anyone know something about them? Link to comment Share on other sites More sharing options...
gpnyc Posted August 29, 2006 Report Share Posted August 29, 2006 My opinion: The only "market acceptable" grading services for US coins are NGC and PCGS (also ANACS except for coins in their new style holders). ICG and PCI are heavily discounted though the occasional nice coin can be found in their slabs. Your insurance policy is to learn to grade coins yourself and never buy sight unseen without a clear return policy. Link to comment Share on other sites More sharing options...
dprice Posted August 29, 2006 Report Share Posted August 29, 2006 I have 25 Morgan Dollars I was wanting to get Graded. I have 14 1899-o Sevral of them look like micro O's. My friend bought 1 from me and sent it to PCI and they graded it at MS-64. But he didn't ask the to look for any atrabutions.Some of mine look alot better than his and some a little worse. The mintmark is slanted to the right on About 6 of them. 4 of them you can see without magnification. 2 of them are just not as bold. Link to comment Share on other sites More sharing options...
Conder101 Posted September 13, 2006 Report Share Posted September 13, 2006 Micro O's won't get slabbed if they are recognized as that because they have been determined to be counterfeits. Link to comment Share on other sites More sharing options...
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