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<p>[QUOTE=&quot;kaosleeroy108, post: 2172529, member: 18877&quot;]LOL.. HAHAHAHAHAHAHAHA</p><p><br /></p><p><br /></p><p><font size="6"><b>Beware of MS 70 coins graded by SGS</b></font></p><p><img src="http://pics.ebaystatic.com/aw/pics/community/myWorld/imgBuddyBig10.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>Published by</p><p><a href="http://www.ebay.com/usr/paulr7?rt=nc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ebay.com/usr/paulr7?rt=nc" rel="nofollow">paulr7</a></p><p>After reading the article about the problem with over-grading Coin grading services such as NNC and SGS, it reminded me of my purchase experience on EBAY. </p><p><br /></p><p>The coins that I bid on and won were a date and mint run of Washington Quarters 1950-D through 1959-D.&nbsp; All graded by SGS as MS 70!!&nbsp; I really knew they couldn&#039;t be, but it was worth the $30 gamble to see.&nbsp; Up until then I had not heard of SGS.&nbsp; Upon receipt of the coins, I gave them a quick visual.&nbsp; With over 40 years as a coin collector/investor/speculater and concentrating on Washington Quarters, I knew at a glance they definely were not MS 70! </p><p><br /></p><p>Out of 10 coins received, they all ranged from MS 62 to MS 64 ( only one was a 64).&nbsp; Of course I sent them back for a full refund, minus shipping both ways. </p><p><br /></p><p>As to NNC,&nbsp; I had never bought a coin from them until a few days ago.&nbsp; Again as an experiment, I bought a 1963 DCAM Proof 69 Quarter.&nbsp; Now don&#039;t get too excited!&nbsp; I only paid $15 for it.&nbsp; I am yet to receive it.&nbsp; It was mailed yesterday per the seller.&nbsp; It did look real good in picture on EBAY. I expect it to probably grade a 66 or 67.&nbsp; In DCAM 67 PCGS list for $100.&nbsp; I will probably send it to NGC.&nbsp; I will let this thread know what the regrade turns out to be if I don&#039;t send it back to the seller first. </p><p><br /></p><p>The coin came back yesterday.&nbsp; I was astounded!&nbsp; NGC graded it Proof 65 Cameo!!!&nbsp; Down 4 grades and a lower Cameo designation! Talking about conservative! What a difference!&nbsp; The coin looked pretty good to me, but....!&nbsp; I don&#039;t want to say which grading service they are working for but Ray Charles and Stevie Wonder must be grading at one of them!&nbsp; Maybe both!&nbsp; LOL&nbsp; Now the question is do I send the same coin to PCGS??? [Chuckle]</p><p><br /></p><p>I guess the crux of this review is be very careful and remember,&quot;If the coin in question is such a high end coin why is it not being sold to the big dealers that you see in the publications for 10&#039;s or 100&#039;s of thousands of dollars???&nbsp; &#039;til next review</p><p><br /></p><p>Regards&nbsp; Paul[/QUOTE]</p><p><br /></p>

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