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Sgs Ms-70? Tons Of 'em!?!
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<p>[QUOTE="Midas, post: 149985, member: 2761"]This is for some of our newer folks here...</p><p><br /></p><p>Aboncom (ebay seller) owns, has owned, and/or has a vested interest in Star Grading Service (SGS) which is located literally down the road in central Ohio from where Abon is located. They are <u>not</u> a 3rd parted grading service. All they are is a seller that takes their OWN coins and packages and markets them in their OWN slabs for the purpose of duping new collectors.</p><p><br /></p><p>The vast majority of their packaging is either MS70 or PR70 coins (don't forget the gold tape!) but lately, they have moved into other areas like Morgans. So don't be surprised to see some ridulous Morgans graded as MS68 or 67 for dates that the likes of PCGS or NGC doesn't even have in their POP reports. Many buyers have been suckered into buing their coins thinking, well maybe it is a MS65...well guess what? Many buyers have reported these Morgans to be no better than MS63 with a few cleaned AU's alone the way!</p><p><br /></p><p>Face it, what they do is is like advertising a manufactured home as a mansion, or as I like to call it, <b><span style="color: Red">"putting lipstick on a pig"</span></b>, all to make their listing <i>appear</i> legit so it drives up bid/auction prices...for THEIR pockets.</p><p><br /></p><p>So in a nut shell, when you see Star Grading Service or SGS "graded" coins...</p><p><br /></p><p><font size="6">RUN!</font>[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 149985, member: 2761"]This is for some of our newer folks here... Aboncom (ebay seller) owns, has owned, and/or has a vested interest in Star Grading Service (SGS) which is located literally down the road in central Ohio from where Abon is located. They are [U]not[/U] a 3rd parted grading service. All they are is a seller that takes their OWN coins and packages and markets them in their OWN slabs for the purpose of duping new collectors. The vast majority of their packaging is either MS70 or PR70 coins (don't forget the gold tape!) but lately, they have moved into other areas like Morgans. So don't be surprised to see some ridulous Morgans graded as MS68 or 67 for dates that the likes of PCGS or NGC doesn't even have in their POP reports. Many buyers have been suckered into buing their coins thinking, well maybe it is a MS65...well guess what? Many buyers have reported these Morgans to be no better than MS63 with a few cleaned AU's alone the way! Face it, what they do is is like advertising a manufactured home as a mansion, or as I like to call it, [B][COLOR="Red"]"putting lipstick on a pig"[/COLOR][/B], all to make their listing [I]appear[/I] legit so it drives up bid/auction prices...for THEIR pockets. So in a nut shell, when you see Star Grading Service or SGS "graded" coins... [SIZE="6"]RUN![/SIZE][/QUOTE]
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Sgs Ms-70? Tons Of 'em!?!
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