Poll: Do you think SGS is owned and operated by aboncom?

Discussion in 'US Coins Forum' started by Isaiah, Dec 14, 2008.

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Do you believe SGS is operated by the eBay seller Aboncom?

This poll will close on May 1, 2036 at 12:01 PM.
  1. yes

    29 vote(s)
    96.7%
  2. no

    1 vote(s)
    3.3%
  1. Isaiah

    Isaiah New Member

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  3. Conder101

    Conder101 Numismatist

    I'm sorry but I don't see where anyone had overpaid a DIME on any of those sales let alone hundreds of dollars. Now if someone was foolish enough to actually buy them then sure. Ihave goone though Aboncom's last 600 closed actions and I didn't see any sales where a collector lost hundreds of dollars. For the most part those that were buy it nows went unsold and those auctions where the coins did sell thy went for around, or a little more, what the coins were worth ignorieing the assigned grade. Collectively I'm sure the buyers lost hundreds of dollars, but not individually.
     
  4. Captainkirk

    Captainkirk 73 Buick Riviera owner

  5. wledswift

    wledswift New Member

    :hammer: I have purchased SGS slabs and most likely will buy more in the future. The difference is I know what I'm buying is not MS70, and the first thing I do is crack the so called slab. I can't afford the ultra high grade coins and this is a way for some of us little guys to own a nice 63-66 graded coin. Do we feel bad for the uneducated or misinformed or do you just chalk it up to a learnng experience for the buyer. A few of the first things that I learned here at CT were "Read the Book before you buy", Buy the coin not the slab", "Buyer Beware". If a few more people would stick to these three things threads like this wouldn't be nessesary.
     
  6. Conder101

    Conder101 Numismatist

    That's OK, I'm sure the ones before 2000 don't have P mintmarks either. But the ones before 2000 were made in Philadelphia, and the ones 2000 and later WERE made at West Point, so I don't have much of a problem with it. It would have been better though if he had put the mintmarks within ().
     
  7. vipergts2

    vipergts2 Jester in hobby of kings

    And I'm guessing NGC doesn't go out and buy raw coins to slab.

    I would also think that a few years ago it would have been easier to find examples of people way overpaying for a sgs coin. The word is out and when the uninformed bids on an sgs coin they don't have as many people bidding against them to raise the price.
     
  8. CamaroDMD

    CamaroDMD [Insert Clever Title]

    There is a lot of truth here. What I wonder is, why don't they all of a sudden change their name to something other than SGS? It may not fool anyone, but it would probably increase their customers at least for a little while.
     
  9. vipergts2

    vipergts2 Jester in hobby of kings

    Carefull not to give them any ideas. :secret:
     
  10. mrbrklyn

    mrbrklyn New Member

    I thought they were owned and operated by CAC.

    Ruben
     
  11. Mr. Coin Lover

    Mr. Coin Lover Supporter**

    I agree. I've been fortunate enough to buy a few coins from them at a great price and got a coin I am very happy with. Was it a MS-70, of course not. Is it a coin I got at a great price, you betcha. I posted once almost exactly what you did. Its okay if youremember the buying the coin and not the slab.
     
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