DGS grading?

Discussion in 'Coin Chat' started by codydude815, Jun 28, 2009.

  1. codydude815

    codydude815 Wannabe coin dealer

    From what i can tell, they're the new PCI. They have some well known people working there (Rick Snow for example). Anyone have any info on them?
     
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  3. Hobo

    Hobo Squirrel Hater

    Mike Ellis works there. He is a highly-qualified grader and authenticator.

    I wasn't aware that Rick Snow works there. He has his own business and I would be surprised if the worked for anybody. Are you sure he doesn't just do some consulting for them? Or maybe he adds his 'Eagle Eye' sticker to their slabs (similar to the CAC stickers).
     
  4. codydude815

    codydude815 Wannabe coin dealer

    He apparently grades all Flying eagle, IHC, and proof IHC for them.
     
  5. schatzy

    schatzy ~Roosie Fanatic~

  6. kanga

    kanga 65 Year Collector

    They are really just getting their feet under themselves.
    No significant track record yet.
    Reliability/Accuracy still TBD.

    It's going to be a tough row trying to crack the TPG market.
     
  7. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    Mike Ellis, John Feigenbaum. Rick Snow, Jim Mcguinan, James Wiles, Charles Daughtrey, and Bill Bugart are all part of the "Signature Series" which is a carryover concept from the old PCI.

    http://www.dominiongrading.com/signatureseries.cfm


    Richard
     
  8. mark_h

    mark_h Somewhere over the rainbow

    I have not seen enough to really comment. It seems like on DLRC most of them are problem coins. Tough to tell about their grading so I am reserving my judgement.
     
  9. schatzy

    schatzy ~Roosie Fanatic~

    The problem that I see with DGS is the simple fact that they also sell there coins of DLRC. I have pretty much finished shopping at DLRC for this simple fact. They might have a good grading company someday but I would never send coins to a grading company that also sells there own coins. IMO it just doesn't make good business ethics.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    I assume that means you'd never a coin to PCGS then.
     
  11. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I have seen a fair amount of coins graded by DGS but I have yet to own one. From what I have seen, they are grading accurately. I have yet to see one example that was either overgraded or undergraded significantly. I think if they keep that up they could one day be a top tier TPG. Their only problem is they are so new that they don't gave the reputation that PCGS or NGC. I think as of right now, they are an excellent company and I certainly wouldn't dismiss a coin in a DGS slab.
     
  12. jello

    jello Not Expert★NormL®

    I have used them 1 time. they damaged my 1958 Wheat Proof. but DL corp replaced it with a Ngc Pr-68 Cameo
    so what I am saying is there ok.but not Pcgs or Ngc
     
  13. schatzy

    schatzy ~Roosie Fanatic~

    I have never been a member of PCGS and I will never be!! :eek:
     
  14. Speedy

    Speedy Researching Coins Supporter

    What happened?

    Speedy
     
  15. Mr. Coin Lover

    Mr. Coin Lover Supporter**

    I've been thinking off and on for awhile now of sending my Lincoln silver proof and uncirculated coins into them to be certified. I've never sent any coins to anyone to be certified before. Thought it might be a little unusual to do. Does anyone know if they still are using the same size slab PCI used to use?
     
  16. CamaroDMD

    CamaroDMD [Insert Clever Title]

    That is unfortunate. But, I'm sure that similar things have happened at both PCGS and NGC in the past. With the volume of coins they see, I'm sure accidents happen at all of them. I think it's a good sign they replaced the coin...hopefully with one of similar condition and eye appeal. Mistakes happen, but it's how we deal with them when they occur that show our true colors. To me, that shows the company is a reputable one.
     
  17. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    I think only time will tell for DGS...
    We've all seen examples of their grading, and most look pretty accurate, it is not like they are self slabbed garbage, that has MS62's in a MS67 holder.
    I think DGS will get more credibility, and more people will send into them with time.
     
  18. codydude815

    codydude815 Wannabe coin dealer

    It's the same slab.

    I'm thinking about sending a few coins into them to try them out. They're fairly cheap compared to NGC/PCGS.
     
  19. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Yep, same slab. I think they charge about $10 a coin or so (and it goes up with coin value)...so they are much cheaper than PCGS or NGC for now.
     
  20. Mr. Coin Lover

    Mr. Coin Lover Supporter**

     
  21. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Well, I think their older slabs by PCGS and NGC are sought by some people because the grading standards back then seemed to be tighter. A lot of people buy the old slabs and resubmit the coin in the hopes of getting a higher grade. Older slabs from ANACS, IGC, and even PCI are also popular because back then those companies were considered much better TPGs than they are today. ANACS and IGC were at one point consider just below PCGS and NGC but both of their reputations have slipped in the past few years. PCI was decent early on but began to overgrade pretty consistently towards their end. I think DGS is doing a fine job now and if they were to slip their standards (like other companies have) their early slabs will be held in higher regard because of the accuracy of the grading.
     
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