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<p>[QUOTE=&quot;rewiltshire, post: 390902, member: 15077&quot;]<b>Abon Coins aka SGS</b></p><p><br /></p><p>I agree, Abon Coins is really giving coin collecting a black eye.&nbsp; I looked at some of these MS70 SGS coins. I might give them a 60/61 rating (if that high). </p><p>&nbsp; You can get some good deals on eBay, but you had better know what you are doing and with whom your dealing. Everyone is an &#039;expert grader&#039; it seems nowadays. I look at the coin, the higher the close-up the better, then I determine what I think it is. A lot of these MS or AU grades look more like EF-40&#039;s to me and that is how I determine my bidding, with the help of current greysheets. I am not calling anyone a liar, but if I am buying a coin, then it is my judgment, not the sellers, that counts. When I sell coins I never grade, again I feel it is the buyers responsibility to grade the coin themselves. Slabs are nice for sure when considering a coin, but it is not the only degree of judgment. I saw some coins from China, Trade Dollars, that were slabed and &#039;graded&#039;, by who I have no idea - never heard of them, and most of us are aware that the majority of Trade Dollars from China just &quot;ain&#039;t&quot; what they are suppose to be. PCGS and ANACS have been around for a long time and are respectable grading services. But coin grading is a very hard area to define, and to be sure anyone can make a mistake or a determination that another will dispute. This SGC seems real good at making mistakes or way over grading. We all want the best coins for our collections that we can afford, and sometimes it may be a MS/PR70 and other times an AG3. I wouldn’t blink an eye at a low grade 1973 Flowing Hair Cent (Wreath or Chain) or a 1916 Standing Liberty quarter, if the price was right, to ‘fill the hole’ in one of my collections. But as the old saying goes; ‘Pay your Money, Take your chances’, just be as informed as you can be. Some times it helps to talk to someone that might know a little more than you do. A forum like this is a great place to get some ideas on what is going on.</p><p>&nbsp; As for these people on the Shopping Channel, well back in the old days we called them ‘Snake Oil Salesmen’. Who in there right mind would pay $199.00 for a coin you can get from the US Mint for say $33.00? My mother called me up one night and asked me if this would be ‘A Good Investment”. I guess you know my answer.</p><p>&nbsp; eBay is a BUSINESS and it is out TO MAKE MONEY. They really don’t seem to care about cheats and liars as long as the get their cut from the sale. Remember Judas liked silver coins.[/QUOTE]</p><p><br /></p>

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