Maybe a new grading Co.

Has anybody heard of FSG??
LINK
It looks like the seller is only selling FSG coins....
To me it looks over graded...what do y'all think?

Speedy

 

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I'd say some examples even look like they were chemically polished... Never heard of the grading company either.

 

Looking closely at the photo it appears that the top and bottom labels are attached to the outside of the holder and poorly designed. Pretty tacky and just not what you would expect from a professional grading service.

 

If that coin would have been in a PCGS NGC ANACS ICG slab I would have been bidding on it...(I think)
I think E-bay sellers seem to start grading Co. all the time now...I don't know why.
Speedy

 

Wait a minute! I thought SGS was America's grading company. That is what their ebay auctions state!

 

Better get some SGS slabs as they will need to change their title!
Speedy

 

the strange thing is that his shipping, returns, and feedback policies all seem to be good. (his feedback % is low, though)

usuallythose are an indication of a scammer, but this guy at least has a good return policy.

oh well, another one on my DO NOT BID list.

 

FSG
Fooled Some Guys Grading Company
(Wanta buy a bridge)

 

No on the bridge but I do have some nice swamp land I am eager to get rid of!!!

 

already in FLorida

Currently in Florida.
Store my coins in a Gator.
If you want swampland
Come on down!

 

rggoodie
I think you found out his name....;--)

The_Cave_Troll
That is weird but I guess maybe some of the coins are alright...

Speedy

 

Couldn't resist. I had to buy a $500 MS67 FSG slabbed coin for only $12.95 from this seller. I'll post the results when I receive the coin. If this turns out good, I'm going to buy a bunch more!

 

In a similar vein, I recently bought an MS-67 Morgan ("Worth $7500!") graded by another fly-by-night certification "service", CRC (Certified Rare Coins), just to see what would happen (aka speculation). It came back from PCGS as AU-58, so the new grading service didn't do too badly: missed it only by nine grades. I was indeed surprised when an inquiry to the seller went unanswered.

 

CDB1950
Let us know what happens and if you can show photos...

Fred
Hope you still came out ahead....9 grades isn't bad at all...they must have lost their glasses

Speedy

 

Naw. I'm peddling it now just to get rid of it and reinvest whatever I can get out of it into something else, hopefully with a little less depreciation. I wrote it off as a lesson learned, the lessone being that CRC is just another ripoff in the same league (or maybe worse) than SGS.

FWIW, I sent a message off to internationalcoins who is selling a LOT of CRC coins asking him (ever so politely) where I might find Certified Rare Coins, implying that I might want to send some coins for grading (well, maybe I also implied that I thought CRC sucked). I did this on top of one of his auctions for a Morgan graded by CRC as MS-66. For some little reason which nags at the back of my neck, I don't really think I'm gonna get an answer back from him.

 

Well, I'm a little worried now. The seller guarantees the coin pictured is the coin he is selling, but he has another identical coin for sale and is using the same pictures. Oh, my...

 

OK. It's official. This guy is a rip-off. He is offering another coin identical to the one I just bought and is using the same photos for both auctions. He says: "The coin in the picture is the coin you will get or its yours for free!" What happens if I buy both coins?

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=11981&item=3960303824&rd=1

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=3960505471&ssPageName=STRK:MEWN:IT

 

First of all, you got to be kidding, aren't you? If your not, then I guess you may be in luck, as it appears that he has a bunch to sell you and they all look alike from the pictures. Can you immagine that?

 

He will copy the S/N and give you what is in the photo....let us know what happens to him..

Speedy

 

Got the coin today, speedy delivery. Coin is FSG slabbed/graded MS67, I think it is a decent MS65, pretty much as the picture showed. Paid $12.95, which is a reasonable price for an MS65. I actually recieved the coin in the photo, too. Can't really complain because I got value for what I spent and wasn't really expecting an MS67 coin. I left good feedback but mentioned the coin was over graded. I don't think I'll be buying any more from this seller, though, and I wouldn't recommend to a novice collector who might think they are getting what is advertised instead of what they are paying for.

I haven't been able to post photos lately, when I get that fixed, I'll post a photo.

P.S. FSG means First Strike Grading