Message:

<p>[QUOTE=&quot;clembo, post: 201208, member: 8033&quot;]<b>SGS - Talk about QUALITY!</b></p><p><br /></p><p>This story amuses me so much that I have to share mine. Here&#039;s a quote from my blog. This actually happened a few weeks ago and I&#039;ve learned more since then.</p><p><br /></p><p>&quot;I&#039;ve been selling a lot on Overstock.com as of late. Noticed a seller by the name of abon (whom I believe is also on ebay) selling a ton of coins graded by SGS. What caught my eye was the volume of MS67 graded Morgan Dollars. This is a lofty grade even on common dates. I just looked up a 1921-S MS66 SGS slab being sold by abon that &quot;has an estimated market value of $7850 to $8375 oi MS66 (Sources include Redbook, Greysheet, Coin Values etc.)&quot;</p><p>This coin was listed by abon out of Mansfield, Ohio while SGS is based in Bellville, Ohio. One heck of a coincidence but let&#039;s just call it that.</p><p>Now the starting bid on this coin was 99 cents. So let&#039;s assume the coin is worth only $5000 and not the stated $7850 to $8375. Unless you are the biggest moron this planet has ever seen wouldn&#039;t you be selling that coin for a LOT more. To hell with the 99 cent starting bid. I want five grand if it&#039;s legit.</p><p><br /></p><p>Oh, if it&#039;s legit now doesn&#039;t that make you wonder? This is just one example but when I originally saw all of these SGS coins I went to the source.</p><p><br /></p><p>Type Star Grading Service into a Google search and see what pops up. The third one down mentions the word fraud. I decided to go directly to their web site first and ask some quesions.</p><p><br /></p><p>To make a long story short I inquired about currency grading (a new feature) and why they slab so many MS67 Morgans. I asked them if there was a chunk of the Binion hoard that no one else knew about.</p><p>To my surprise I got a reponse it was the following:</p><p><br /></p><p>&quot;Hi,</p><p>I am Muslim and I say unto you I hope your CAMEL runs out of water!&quot;</p><p><br /></p><p>Okay, but you still haven&#039;t answered my questions. No offense to anyone that may read this but does the Koran have a section on coin grading? Especially on coins from a country that didn&#039;t exist when it was written?</p><p><br /></p><p>Hmmmm, smoke that Camel and think about it.&quot;</p><p><br /></p><p><br /></p><p>I don&#039;t think SGS likes me too much especially since my reply included that I hope your camel mates with a swine. Politically incorrect but WAY fun.</p><p><br /></p><p>No name listed on my reply and seriously doubt this person was Muslim and SINCERELY don&#039;t care. Perhaps it was Larry Bence the owner of ABON and SGS (conflict of interests here?). Anybody know his religious backround or care?</p><p><br /></p><p>Still wondering about the lost part of the Binion hoard though.....</p><p><br /></p><p>clembo[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in