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<p>[QUOTE="Ed Zak, post: 10566, member: 824"]Here's what I have on SGS coin grading...</p><p><br /></p><p>Stay away from SGS grading . Here's why...first, there is no phone number listed for this "grading" service. Second, there is no business listed anywhere in the local business directory for that area. Third, their website is nothing more than a single page of pretty much nothing. Fourth and probably my biggest reason never to buy their graded coins again, they seem to work exclusively with an ebay seller, "Aboncom" that sells only SGS graded coins! This seller's address is listed in the SAME area as SGS coins! Makes you wanna go, "Hmmmmmmmmmmmmmm". </p><p><br /></p><p>Also, 99% of their coins have a PR70 grading. Now, how in the world is that possible for this Ohio based company that started out in 2003 to acquire only MS70 or PR70 coins? Still, I was tempted to bid and and I bought two of these graded coins (Lincolns). </p><p><br /></p><p>Bottom line, I was disappointed when I received them. The slab was made of cheap fishing-tackle plastic and the grade was not a PR70. Their "seal" was nothing more than a gold foil tape on the top and bottom of the slab. Their certificate was something that came out of a word.doc. I took this to my local dealer and he laughed at me. Not totally convinced, I sent them to PCGS (for a crossover) and they wouldn't grade them since I put PR68DCAM as the minimum grade. Both didn't make a PR68DCAM grade and they were both "SGS certified" as PR70DCAM! </p><p><br /></p><p>Here's what I think is goiing on...Aboncom (ebay seller) set up their own grading service so that novice's like myself would gladly bid on a 70 grade. Why not? All looks good and this will surely drive up the bids as the ultimate "70 grade" gets wiggled in front of your face. I contacted them (email) and I was quickly "blocked" from doing any future business with Aboncom (the ebay seller). All this happened as I asked, "who is SGS grading and what is their phone number?". </p><p><br /></p><p>Now it makes sense...both Aboncom and SGS reside in the same state and I bet they are very close to one another...if not one in the same! Aboncom and SGS slabs must by ONE in the SAME!! All the pieces fit! </p><p><br /></p><p>Going forward, I only buy (sight unseen) PCGS, NGC and some ICG slabbed coins. A lesson I learned, so don't fall for the SGS PR70 grade when it is NOT! </p><p><br /></p><p>Do a google search or an Ebay search for SGS and 99% come from Aboncom and the other 1% come from suckers that previously bought these "slabs" and now are looking to dump them. </p><p><br /></p><p>So what happens when I loose $40...now it is the principle of the matter. </p><p><br /></p><p><b>Don't let it happen to YOU!</b>[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Zak, post: 10566, member: 824"]Here's what I have on SGS coin grading... Stay away from SGS grading . Here's why...first, there is no phone number listed for this "grading" service. Second, there is no business listed anywhere in the local business directory for that area. Third, their website is nothing more than a single page of pretty much nothing. Fourth and probably my biggest reason never to buy their graded coins again, they seem to work exclusively with an ebay seller, "Aboncom" that sells only SGS graded coins! This seller's address is listed in the SAME area as SGS coins! Makes you wanna go, "Hmmmmmmmmmmmmmm". Also, 99% of their coins have a PR70 grading. Now, how in the world is that possible for this Ohio based company that started out in 2003 to acquire only MS70 or PR70 coins? Still, I was tempted to bid and and I bought two of these graded coins (Lincolns). Bottom line, I was disappointed when I received them. The slab was made of cheap fishing-tackle plastic and the grade was not a PR70. Their "seal" was nothing more than a gold foil tape on the top and bottom of the slab. Their certificate was something that came out of a word.doc. I took this to my local dealer and he laughed at me. Not totally convinced, I sent them to PCGS (for a crossover) and they wouldn't grade them since I put PR68DCAM as the minimum grade. Both didn't make a PR68DCAM grade and they were both "SGS certified" as PR70DCAM! Here's what I think is goiing on...Aboncom (ebay seller) set up their own grading service so that novice's like myself would gladly bid on a 70 grade. Why not? All looks good and this will surely drive up the bids as the ultimate "70 grade" gets wiggled in front of your face. I contacted them (email) and I was quickly "blocked" from doing any future business with Aboncom (the ebay seller). All this happened as I asked, "who is SGS grading and what is their phone number?". Now it makes sense...both Aboncom and SGS reside in the same state and I bet they are very close to one another...if not one in the same! Aboncom and SGS slabs must by ONE in the SAME!! All the pieces fit! Going forward, I only buy (sight unseen) PCGS, NGC and some ICG slabbed coins. A lesson I learned, so don't fall for the SGS PR70 grade when it is NOT! Do a google search or an Ebay search for SGS and 99% come from Aboncom and the other 1% come from suckers that previously bought these "slabs" and now are looking to dump them. So what happens when I loose $40...now it is the principle of the matter. [B]Don't let it happen to YOU![/B][/QUOTE]
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