Has anyone had coins graded by Universal Grading Service?

Discussion in 'Coin Chat' started by Charlie32, Sep 11, 2005.

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  1. Charlie32

    Charlie32 Coin Collector

    There is a new third party grading service called (UGS)Universal Grading Service UGS See their advertisement in the September 12 issue of Coin World on page 50. Has anyone heard of or used this grading company??? :confused:

    Charlie
     
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  3. Morgan Dollar13

    Morgan Dollar13 New Member

    Sounds like another fraud company to me /=
     
  4. Speedy

    Speedy Researching Coins Supporter

    Hey Charlie
    Never heard of them...you know when I hear of a new grading Co. like this I always hope that they will be good and maybe will grade right...
    I can't say untill I see some coins graded by them but it seems like $3 is way too low...also the shipping is almost $20!...

    Speedy
     
  5. Charlie32

    Charlie32 Coin Collector

    I think UGS must somehow be related to NUgrade grading company because the NUgrade website is now the UGS website and UGS and NUgrade have almost identical slabs. Maybe NUgrade was sold and renamed UGS.

    Charlie
     
  6. LJR Coins

    LJR Coins New Member

    Universal Grading Service

    I have used and will coninue to utilze Universal Grading. I advise anyone to try them and from there make your own judgment. I sent them both NGC and PCGS coins that I removed from their slabs and sent them for a test. One was a Cyprus Gold Sovereign certified by NGC at PR-69 DC which came back from UGS the same. The PCGS was a 1971-S IKE certified PR-69 DC and that one came back from UGS PR-68 DDO #1. PCGS missed the DDO ??

    That was my test and from those examples and I personally have no problems trusting their grading.

    The so called major grading companies had to start somewhere ???
     
    Joeboken likes this.
  7. 09S-V.D.B

    09S-V.D.B Coin Hoarder

    LJR Coins, would you be willing to post some photos of UGS graded coins?

    It sounds and looks like another CoinWorld slab company to me.
     
  8. LJR Coins

    LJR Coins New Member

    I will post pictures later today. I am out of the office for a few hours.

    Thank You
     
  9. SapperNurse

    SapperNurse DOD enhanced

    Back in the day it was NuGrade and there was some legal trouble if I remember right with a former associate so the name was changed. Myspellign is lousy but the gentleman who runs UGS is John Callendro (sp?) which is a familar name to some in these forums. I have a boxful of UGS graded coins and I have had no problems with them or their grades. Actually it was LJR who first introduced me to UGS. There are several threads in here about UGS, some with much more detail about its history.

    and for $3 it is a hell of a lot better than PCGS with comparable grades.
     
  10. GDJMSP

    GDJMSP Numismatist Moderator


    No disrespect intended LJR, but if the '45 quarter slabbed by UGS that you are selling on ebay - HERE - is any example of their grading then I have little faith in the company's grading ability.

    But just to make sure I checked out quite other UGS slabbed coins on ebay - they did not change my opinion.
     
  11. SapperNurse

    SapperNurse DOD enhanced

    GDJMSP: they did not change your opinion. Thank you for that Observation. Care to elaborate? As I said above, I have several UGS slabs, dealers here wont buy sight unseen as they may PCGS, as they are a new factor to the GRading Equation, but they havnt been able to dispute the rades given having the coins in hand. I feel for the folks who believe solely in one grading company or another without consideration for others. That shows a severe narrow mindedness.

    All I can say is research research research, read what you can, find folks who have gone through the process, look into yourself, decide what there is to lose ($3), then go for it. This is a simplified version of what I go through for power lifting, personal training, adn even takign supplements or followign a diet. Lookign at something offhand with a closed mind does not a sound judgement make.
     
  12. bruce 1947

    bruce 1947 Support Or Troops

    Hi LJR,
    Welcome to our forum:hail: I went to the link that Doug provided sorry but I will have to pass on this one.I think I will stay with N.G.C and P.C.G S wish you all the best.
     
  13. AdamL

    AdamL Well-Known Member

    Welcome to the forum LJR!
    The only slabbed coins I have are some NGC ones that I've purchased at shows or from dealers. But eventually when I decide to send some of my other coins in for grading I'll probably try several different grading services, and then make my decision from there.
     
  14. LJR Coins

    LJR Coins New Member

    From LJR
    we use a scanner for all the pictures we show and they tell no lies. Where as a good camera person can work magic and I'm not in that business. If you make a call to them it might change your opinion or it might not..However for the regular collector it's quite difficult to have your own raw coins certified by the so called major companies. UGS makes it easier and affordable and im my opinion an accurate grade. If you send me a raw coin that you know the grade, send it to me and I will have them slab it at no charge and I will pay your postage both ways..

    Regards, Paul
     
  15. LJR Coins

    LJR Coins New Member

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    From LJR
    they have run add's in publications so you are correct their...UGS are new but the experience is there with at least 17 years of professional grading experience..I'll see if I can get a couple of scans over to you..

    Regards, Paul
     
  16. LJR Coins

    LJR Coins New Member

    Sorry about that, I'll get the expert to send additional pictures to your email if you wish.

    Regards, Paul
     
  17. EdsCoin

    EdsCoin Senior Member

    About 6 months ago I bought 10 UGS graded Lincoln RPM's at a coin show.
    These were various RPM's dated from 1956 to 1961. All the RPM's were accurately attributed
    8 were MS 64's. 2 were MS 65
    I would say they were accurately graded when compared to to any of the top TPG's
    At $ 30.00 for all ten I guess I got the Coins for Free :smile
     
  18. gxseries

    gxseries Coin Collector

    Unfortunately, I still think they are overgraded. MS62 for the 1923 dollar coin is just high, where it should be labelled as bag marked.

    Overgrading is nothing but bad for collectors. I don't believe UGS is near the industry standard compared to the major companies. Sure they are expensive but you pay for what you get for. Why bother when you can get air tites and label them yourselves?
     
  19. redhorse

    redhorse Member

    I really dont know if this is of any help but www.allcertifiedcoinc.com and hit slabber co. I have ton of ngc and pcgs but i also have used accurugrade very very smart indiviual helped me out more than once and bye the bye he invented the whole slabbing process redhorse
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    As I said, I have little faith in the grading ability of UGS. If you look at the '45 quarter I linked to and notice all the hits to the obverse on that coin, I think just about anyone would agree that the coin comes nowhere near meeting the criteria necessary for a MS65 grade. It should grade no better than MS62, if that.

    And when I said they did not change my opinion I was referring to all of the other coins slabbed by UGS currently listed on ebay that I observed. Out of 20 or so that I viewed, I could see only 2, maybe 3, that were graded correctly.

    Now, I will grant you, ALL of the grading companies make mistakes. But the question that ones needs to ask oneself is how often do they make these mistakes ? It is my opinion that UGS mis-grades coins approximately 80% - 85% of the time. While on the other hand I would say that PCGS mis-grades coins 15% of the time and that NGC mis-grades coins 10% of the time.
     
  21. LJR Coins

    LJR Coins New Member

    LJR OK...you will never change you mind so what I will do by sometime tomorow is pull that DDO Quarter you have refered too and send it to NGC..I have a couple more of the DDO's so I will put in another slabbed by UGS..No funny stuff here as you can tell by my past record....I will disagree with your 80%..that is a miss truth that % is no more than PCGS or NGC.
     
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