Dgs, say what?

Well okay lehigh...
I'd like to know about anybody's actual experience with this company, before I gain any sense of confidence, about them... If somebody does indeed, send in their coins, to get graded, have a coin grade in mind, send it in, and then tell us the results, I'd be interested in hearing this

 

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I want you to answer the question, and when you do I suspect you'll see that we don't all say the same thing.

 

I thought I did... OWE.. My head hurts... lol

 

I have already.

 

I looked at the Dominion web site and found some things that I like. Most notabley is the "signature Series" slabs. they have some pretty decent names doing the variety and specialty attribution, amongs them are Mike Ellis, Rick Snow, James Wiles, and Charles Daughtrey. You may want to actually check out what they are about.


http://www.dominiongrading.com/


Richard

 

Where?? I don't see..

 

I would be more likely to take a DGS coin over another TPG sight unseen. From what I understand they are stricter/more old skool with grading, so crossovers should be positive and lower cost because of the newer name. Also, I think DGS coins submitted by DavidLawrence coins have a special notation on the slab so you know.

 

OK, nevermind with the Q&A. I'll just come out and tell you...

The question I asked was how do you define the "best" TPG.

You responded, very typical for a noob (no offense!), that "I want all my coins in PCGS holders -- they're the BEST!".

But how do you define "best"?

Is it the TPG with the most consistent grading?
Is it the TPG with the most conservative grading?
Is it the TPG whose coins sell for the most money at a given grade on average?
Is it the TPG with the most stringent policy with respect to artificial toning?

If you are a collector interested in selling coins, you'd like all of the above. No question.

Now, look at this same question from the buyer's eyes. You'd want exactly the opposite as to minimize your price paid.

However, if you don't know how to grade -- really, really well -- you're stuck with what the TPG gives you. And that's no position to be in if your money is valuable to you... Don't be a fannboy of TPGs -- they are a crutch and a game. Be a fan of coins and get the requisite knowledge to swim with the sharks.

Just some food for thought. Respectfully submitted...Mike

 

When you asked me that question here is exactly what I said
If DGS was advertised more, they would be on of the best...Or if they were older, they might be one of the best...
PCGS and NGC, and ANACS have been around longer, number one, so they are better known, and have had a longer time, to grade coins, since being founded
If DGS had the money to spend, they could be all over the internet, and be at special coin shows, but they are not a big money company yet
The grading process might be about the same, and you might get the same grade at PCGS than at DGS, but which one will net you better resale money, and which one would you like to have in your collection?
I'd want PCGS and NGC coins in my collection, not DGS
I said for retail purposes...
PCGS is tough with toned coins
PCGS is somewhat conservative, and coins from ICG that are AU55's, might come back from PCGS as AU50's...
PCGS: I normally don't see that many coins, that are not graded consistently, they seem consistent to me..
All the questions you asked, can be answered pretty well, by saying PCGS..

Mike, I think I can learn a lot from you..

 

Right here:

 

But what exactly have you seen??? If you could give me of an example..

 

That, in and of itself, is a very valid reason. Word of mouth is the most effective form of advertisement a company may have.

I've seen that with other TPGs also.

Sometimes this happens. It's when it happens repeatedly that it should really be a problem.

Nope, but neither is labeling a proof coin as MS, either. And I've seen that on PCGS, NGC, and ANACS.

I would prefer not to send them to ANY TPG. There are those extremely rare instances that I would do so. That is not to say I would not purchase a coin already graded by a TPG. However, I would buy it based on the coin, not the plastic (holder).

I would send a coin to DGS because their coin holders offer good protection at a low cost. If I were to sell an expensive, or even semi-expensive, variety coin to what I may deem to be a potentially unreliable client, I would want to have the coin itself identifiable at the least cost to me. There is quite the difference between selling a raw variety for $k's to a source who may possibly come back later and claim that a different coin was sold him that is not that $k's variety but only $$ or $$$'s, and switch the coin.

In a DGS holder, and regardless of grade, the coin that is sold is identifiable by the holder and its serial number. If action ever comes before a judge, that slab will be subpoenaed as evidence. The slab will "prove" the variety. However, with a raw coin, the unscrupulous buyer could easily swap in any coin and claim that was what was received.

 

A lot of what I considered to be accurately graded coins. I saw them in-hand so can't provide an example per-se. You can, however, take a look at their photographic census and draw your own conclusions, or just take my word for it (and the other experienced numismatists who have said similar things in this thread).

 

Okay...
See I'm guessing if this company is so good, that it will be atop, and considered a company to send things into, maybe in a few years time..

 

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

 

You do realize that DGS and PCGS use two different standards. Although they are both fruit, one's an apple, the other's an orange.

 

Or, even better, keep an open mind, evaluate the COIN not the holder, and most of all -- buy what YOU like and have fun....Mike

 

NOW THAT IS COOL!!! And free of charge..Thanks for sharing that...
Maybe these guys aren't that bad after all... Although I still prefer my PCGS and NGC :hail:

 

I love morgans, and gold indians...
I'll continue to collect what I like, regardless of the piece of plastic.

 

Some may find the name "Dominion" seems over the top-- like "Dominate." Actually, it refers to the company being based in Virginia, "The Old Dominion." I think the company is paying homage to its roots. When I have looked at the photos of DGS coins in their auctions, they appear to be appropriately graded. In fact, a lot of the ones they label as "cleaned" on the holder look perfectly ok in the photos. (no doubt hairlines hidden under toning, etc.) Clearly, if they want to be accepted as on a par with the "big 3," DGS will have to adhere to strict grading standards and have a fair grade review process and buy-back policy.