Another self SLABBER??? SNGA???

Discussion in 'Coin Chat' started by Silver Striker, Sep 15, 2006.

  1. Mark Feld

    Mark Feld Rare coin dealer

    I'm a full time dealer of 28 years and a former NGC grader.

    If, based on the images, someone was of the opinion that the Morgan dollar which was graded MS61 by NGC was really deserving of an AU58, instead, I would attribute that to a reasonable difference of opinion. However, the fact that you said it deserved a VF shows you don't know how to grade, at least with regard to Morgan Dollars.

    But you need not believe me or respect NGC or PCGS. Still, why not show some of your SNGA coins to a few objective and knowledgeable parties for their grading opinions? I can all but guarantee you they will tell you your coins are over-graded. I get the impression that you believe ignorance is bliss, however.
     
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  3. Treashunt

    Treashunt The Other Frank

    Bill:
    Two points: 1) I tend to agree that NGC blew it on that Morgan;
    2) A PCGS mis-label is unusual, but not an error in grading.

    That said, I haven't seen enough SMGA coins (or any for that matter) to decide if they are just another SGS or someone trying to be a 'real' TPG'er.
    However, since no one is perfect, even those from PCGS & NGC, I must admit that they are generally fairly accurate. (Sorry, Ben, but they are pretty good.).
    The real test will be time and whether or not the market will start to accept them (SMGA) as a legitimate TPG'er.
    Strange, but you seem very (to put it mildly) strong in your opinions. Are you related to them in any way?

    One more point, I just searched the links and there are a number of offers to slab, but: no coins available?
    Does anyone have a link to coins being offered?
     
  4. hontonai

    hontonai Registered Contrarian

    Under forum rules (which, by the way, prohibit the kind of fighting word remarks you seem to be so good at making) Mark can't self-promote, so I'll do it for him by providing this link to his website.
     
  5. Treashunt

    Treashunt The Other Frank

  6. Mark Feld

    Mark Feld Rare coin dealer

  7. Big Bill

    Big Bill New Member

    Well I do agree with you that they have missed the mark on this coin as there apears to be no luster on the coins at all. But you must admit they do give you quality, close-up pics so you can make up your own mind about grading before bidding, something the other slabbers do not do. Plus Blue Creek seems to be willing to take a bid of 99c for this coin, which is well worth that. I dare you to submit your coins for sale on eBay with a starting bid of 99c. I'm sure Blue Creek would gladly sell their coins and offer the 5 day return privialge you offer if they listed and sold their coins for the prices you sell your coins for.
     
  8. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    The following is lifted directly from Mark's website. I think it makes him more than adequately qualified to as a person who is knowledgable about coin grading.

    On a separate note, your attitude and personal attacks are not acceptable here. They will not be tolerated.
     
  9. Big Bill

    Big Bill New Member

    Look I know I've been pretty strong in my views, but no stronger than those who are attacking SNGA. I apologize for adding some critical comments as I meant no disrespect for any one on this site. However being a guy who has always been for the little guy over-coming predjudice and the under-dog winning over the favorite, my contention remains: every grading company makes mistakes, so cut them some slack and see if they get better. It's funny how all of the attacks come one or two coins as "proof of their incompetence" when Blue Creek has dozens of SNGA graded coins listed. Why not try something different and and pick one of the ones you agree with the grade instead of the other way around.
     
  10. Mark Feld

    Mark Feld Rare coin dealer

    Gentlemen, thanks, though personally, I don't mind that Bill questioned my credentials. After all, I did tell him, that based on his opinion that the Morgan dollar in quesion was a VF, I didn't think he knew how to grade.

    Bill, I will comment one last time on this subject and then leave you alone:pencil:....SNGA appears to grade extremely liberally and I am of the opinion that the large majority of people who buy their coins probably do not know how to grade well and are happy with the coins because they think they are getting good deals. In fact, my guess is that are getting bad ones, instead. As just one example, let's watch and see how the "winning" bidder of that so-called MS66 Barber Quarter (it looks AU to me) does.

    You are certainly entitled to disagree with everything I have said - I only wish you would at least check it out. You might not like my message, but I am trying to help. Please keep in mind that I have nothing to gain by telling you these things, as I am not trying to sell you anything or make any money off of you. You, on the other hand, might have a lot to lose by ignoring the message and not having your coins checked out by an expert and unbiased party. Either way, best of luck and enjoy your collecting.
     
  11. Treashunt

    Treashunt The Other Frank

    Bill:
    I agree, I will look for one that I agree with the grade.
    In the interim, check out this MS-64 Washington Quarter, 1942 S: http://cgi.ebay.com/SCARCE-1942-S-W...ryZ39462QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

    Is tht even an unc?

    Back to looking for one that I agree with.
     
  12. rotobeast

    rotobeast Old Newbie

    Actually, the 99 cent thing tends to attract more traffic than starting at 30-40% of market value.
    It is something I'm quite sure that many here do when selling coins on ebay.


    Not even close.
    :(
     
  13. Just Carl

    Just Carl Numismatist

    Not reading all the answers to this thread but I'd just throw in my 2 CENTS. I see nothing wrong with a multitude of people making thier own companies, organizations, etc. A new coin slabbing company is just a new company. At one time I'm sure PCGS was also new. If there ends up being hundreds of coin grading/slabbing companies, so be it. With the coin collecting boom being what it is, why not jump on the band wagon while it is here.
    Some time ago there was this new thing called VHS tapes for movies. Stores poped up everywhere selling and renting them. Then the supermarkets joined in. Then everyone jumped onto the band wagon of VHS tapes. Most gone now.
    Now lets see that slab with the "Made in China" sticker.;)
     
  14. Mark Feld

    Mark Feld Rare coin dealer

    One huge difference would be...... if (and I don't know this to be the case) any of the companies/sellers are slabbing their own coins and acting as if they are independent operations when they are not, and not disclosing those facts.
     
  15. Arizona Jack

    Arizona Jack The Lincoln-ator

    It does take nerves of steel to start auctions at 99 cents, but it pays off 99% of the time.
     
  16. Silver Striker

    Silver Striker Senior Member

    I SMELL AN SNGA SHILL

    [​IMG]

    New member comes aboard searching OLD (09-15-2006, 01:17 AM to 09-18-2006, 12:15 PM Last post) SNGA posts and responding favorably.

    Motive????

    I REPEAT AGAIN..... [​IMG]SNGA


     
  17. Treashunt

    Treashunt The Other Frank

    still looking.
     
  18. clembo

    clembo A closed mind is no mind

    I smell a thread being closed.

    Hope I'm wrong though.
     
  19. Treashunt

    Treashunt The Other Frank

    clembo:
    Why should this thread be closed?
    I see a lot of disagreement over the grading service being discussed, but there haven't been any slams.
    Sure, some negative comments, but that is done with PCGS & NGC also.
     
  20. clembo

    clembo A closed mind is no mind


    Like I said I hope I'm wrong but the mud slinging has gotten pretty heavy and personal.
    Just an observation.

    Maybe I'll start a thread on when to stop a thread. Could get interesting so I'll have to do it. :)

    clembo
     
  21. Phoenix21

    Phoenix21 Well-Known Member

    Bill, I'm surprised no one has said this yet, but what about your putting down NGC? SNGA makes a mistake with this coin, you say they just missed there mark with it. But, when NGC missed there mark persay with that Morgan, you call NGC an over rated thieving grading service? Makes no sense to me IMHO. NGC has to have seen hundreds of thousands of coins, naturally they will slip up occasionaly. But SNGA from what I have seen has slipped up quite a few times from what I've seen and read, but you just put it off as missing there mark. I'm missing something. I mean no disrespect man, but this just makes no sense.

    Phoenix :cool:
     
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