Anyone ever heard of this "grading" service?

Discussion in 'Coin Chat' started by 1953, Jun 22, 2018.

  1. 1953

    1953 Active Member

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  3. baseball21

    baseball21 Well-Known Member

    Treat them as raw and ignore any grades they gave it. Basement slabbers
     
  4. dwhiz

    dwhiz Collector Supporter

  5. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    Run away...
     
    carpman98 likes this.
  6. kanga

    kanga 65 Year Collector

    SGS has been around scamming people for quite a while.
    The first one is new to me.
     
  7. mbogoman

    mbogoman Active Member

    What he said. Both are minor tier self slabbers.
     
  8. RickO

    RickO Active Member

    The old adage is 'Buy the coin, not the holder.'... In these cases, totally ignore the holder and treat the coin as raw...
     
    JCro57 likes this.
  9. Conder101

    Conder101 Numismatist

    Yes to both.

    First one is a fairly recent basement slabber using generic shells.

    SGS (Star Grading Service) first showed up around 2002 and they were in operation until just a few years ago when they were all arrested for fencing stolen property. (Their primary business was as a pawn shop) SGS used three different varieties over the years and were notorious for calling most anything MS-70. It is difficult to find any SGS slabbed coin graded lower than MS-68. And even the 68's aren't common.
     
    SilverMike likes this.
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