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<p>[QUOTE=&quot;Troodon, post: 26079430, member: 4626&quot;]They are indeed not.&nbsp; Their reputation for obviously over-grading, and the fact that they weren&#039;t even a third party grading company by definition (they sold the coins they assigned grades to), quickly led to them not being taken seriously by consumers.&nbsp; Any coin in an SGS slab should be treated as a raw coin, ignoring whatever grade they assigned to it and making your own judgment.&nbsp; SGS is definitely one of the most extreme examples of &quot;buy the coin, not the holder.&quot;</p><p><br /></p><p>eBay will not allow SGS graded coins to be sold as certified (you can still sell them, but you can&#039;t claim them to be certified or mention anywhere in the listing what grade they assigned to it.&nbsp; You&#039;re not even allowed to show the grade on the slab in pictures of the coin).&nbsp; SGS tried to claim there was nothing misleading about what they were doing, arguing that grading was subjective.&nbsp; But that doesn&#039;t change the fact that their grades were not up to the standard virtually everyone else was using, and that they were selling their own graded coins, which meant they couldn&#039;t honestly call themselves third-party graders as they had a direct financial interest in the grades they assigned.&nbsp; (Apparently you could send coins to them to be graded, but that doesn&#039;t change the fact that most SGS graded coins were being sold by the company that owned SGS.)[/QUOTE]</p><p><br /></p>

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