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<p>[QUOTE="Speedy, post: 114541, member: 705"]Midas</p><p>Tell me one thing....what do you define as a grading co....if you were going to start one today...what would have need to have to have to be called a grading Co.?</p><p><br /></p><p>A grading Co. is a company that accepts submissions from collectors.</p><p>A grading Co. grades coins by some set of rules or standers (Since there is no ONE set of rules we can't say that just becuase they don't use the ANA grading guide they aren't good.)</p><p>A grading Co. asignes a grade to a coin for the consdison the coin is in by their standers.</p><p><br /></p><p>Now that is what most people go by...and SGS does all of that.</p><p>A grading Co. doesn't have to put them in slabs or seal the slabs with high pitched sound....they can pick coins out of rolls if they want.</p><p><br /></p><p>The Gray sheet doesn't list alot of Co......there is a whole lot of "grading Co" that the gray sheet never list...and for good reasons.</p><p>But they also list Co. like SEGS and NCI and INS....they are just as bad---do you call THEM grading Co.??</p><p><br /></p><p>You ask why they don't show up at shows....becauses they wouldn't be welcome #1....</p><p>I really don't like SGS...and I'm not standing up for them....but I'm bring up this point because no one ever thinks of this.</p><p>Heritage and Teletrade more than likely would either reslab the coins....or sell the coins raw like they do sometimes.</p><p><br /></p><p>People need to be worned about SGS and other grading Co. that overgrade coins---but I think we need to post the truth here...they do grade coins....but they just don't grade them accoring to standers that the hobby recognizes at this time (and we hope NEVER!)</p><p><br /></p><p><br /></p><p>Yep---the shipping was high...and I would have reported it to Ebay as posting gouging <sp?></p><p>But what done is done...be glad you learned a cheap leason!!!</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 114541, member: 705"]Midas Tell me one thing....what do you define as a grading co....if you were going to start one today...what would have need to have to have to be called a grading Co.? A grading Co. is a company that accepts submissions from collectors. A grading Co. grades coins by some set of rules or standers (Since there is no ONE set of rules we can't say that just becuase they don't use the ANA grading guide they aren't good.) A grading Co. asignes a grade to a coin for the consdison the coin is in by their standers. Now that is what most people go by...and SGS does all of that. A grading Co. doesn't have to put them in slabs or seal the slabs with high pitched sound....they can pick coins out of rolls if they want. The Gray sheet doesn't list alot of Co......there is a whole lot of "grading Co" that the gray sheet never list...and for good reasons. But they also list Co. like SEGS and NCI and INS....they are just as bad---do you call THEM grading Co.?? You ask why they don't show up at shows....becauses they wouldn't be welcome #1.... I really don't like SGS...and I'm not standing up for them....but I'm bring up this point because no one ever thinks of this. Heritage and Teletrade more than likely would either reslab the coins....or sell the coins raw like they do sometimes. People need to be worned about SGS and other grading Co. that overgrade coins---but I think we need to post the truth here...they do grade coins....but they just don't grade them accoring to standers that the hobby recognizes at this time (and we hope NEVER!) Yep---the shipping was high...and I would have reported it to Ebay as posting gouging <sp?> But what done is done...be glad you learned a cheap leason!!! Speedy[/QUOTE]
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