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<p>[QUOTE=&quot;clembo, post: 274094, member: 8033&quot;]It&#039;s pretty simple actually.</p><p>SGS is owned by the same person that runs Abon coins. Abon is a huge seller. </p><p>They slab their own material and as stated by others are well known for seriously overgrading coins.</p><p><br /></p><p>The MS70 grade attracts a lot of attention. Were it in a PCGS, NGC or ANACS holder it would hold a lot more weight as these organizations only grade coins. THEY DO NOT SELL THEM. It is not really in their interest to overgrade and drive up the price as they ONLY grade.</p><p><br /></p><p>Any Grading service that sells coins as well should be suspect. PERIOD!</p><p><br /></p><p>Want proof? Go to ebay under Morgan dollars and put MS67 into the search engine. You&#039;ll see a lot of SGS coins and maybe a few by PCGS or NGC. The SGS coins will get a small percentage of what a PCGS or NGC will.</p><p><br /></p><p>You will also note that an auction by Abon quotes several sources with really high prices yet they never come near those prices at auction&#039;s end. Tha&#039;ts because in a PCGS, NGC or ANACS holder these coins would NEVER get graded that high.</p><p><br /></p><p>It&#039;s basically fraud under the guise of &quot;grading coins is subjective&quot;.[/QUOTE]</p><p><br /></p>

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