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<p>[QUOTE="NPCoin, post: 139078, member: 5629"]Actually, that's called being a dealer. It is no different to "slab" a coin into plastic, give it a grade, and sell it off with your own "guarantee" than it is to put it in cardboard, give it a grade, and write it in ink for your walk-in customers to see.</p><p><br /></p><p>Where the difference resides is not that this process is to dupe someone, but when the process is done <b>for the purpose</b> of duping someone. I am sure you would not state that a dealer who places a grade on the cardboard and sells it off as such is doing so to dupe someone. There must be proof of not only capability, but intent and motive.</p><p><br /></p><p>With SGS, we already have proof of capability and most definitely motive. It is the intent that must be proven in order to get them indicted. Grading is subjective. That makes intent hard to prove, although that proof is coming closer and closer to light.</p><p><br /></p><p>But to make a general statement that anybody that does as such is, in essence, trying to rip people off, is not proper logic. But, then again, when it comes to a field such as numismatics, paranoia is probably much healthier than liberal trust. I question even NGC, and especially PCGS slabbed coins, as I find many of the mint state coins in their slabs are over graded. Or perhaps I just have higher expectations when it comes to things like "fully struck", "fully original", and "perfect".</p><p><br /></p><p>In all fairness though, with regards specifically to SGS, SGS has tried to cover up the fact that the coin dealer known as Aboncom has vested interest in the grading company SGS. Yet, when approached and asked about the relationship, they flat out lie to their customers claiming that they are a "master distributor" of SGS. If Aboncom announced and made known that they were in fact directly related to the grading company SGS, then I would see no difference between them and brick and mortar dealers that also overgrade. Scum come in many flavors, and Aboncom/SGS is just one of them.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 139078, member: 5629"]Actually, that's called being a dealer. It is no different to "slab" a coin into plastic, give it a grade, and sell it off with your own "guarantee" than it is to put it in cardboard, give it a grade, and write it in ink for your walk-in customers to see. Where the difference resides is not that this process is to dupe someone, but when the process is done [B]for the purpose[/B] of duping someone. I am sure you would not state that a dealer who places a grade on the cardboard and sells it off as such is doing so to dupe someone. There must be proof of not only capability, but intent and motive. With SGS, we already have proof of capability and most definitely motive. It is the intent that must be proven in order to get them indicted. Grading is subjective. That makes intent hard to prove, although that proof is coming closer and closer to light. But to make a general statement that anybody that does as such is, in essence, trying to rip people off, is not proper logic. But, then again, when it comes to a field such as numismatics, paranoia is probably much healthier than liberal trust. I question even NGC, and especially PCGS slabbed coins, as I find many of the mint state coins in their slabs are over graded. Or perhaps I just have higher expectations when it comes to things like "fully struck", "fully original", and "perfect". In all fairness though, with regards specifically to SGS, SGS has tried to cover up the fact that the coin dealer known as Aboncom has vested interest in the grading company SGS. Yet, when approached and asked about the relationship, they flat out lie to their customers claiming that they are a "master distributor" of SGS. If Aboncom announced and made known that they were in fact directly related to the grading company SGS, then I would see no difference between them and brick and mortar dealers that also overgrade. Scum come in many flavors, and Aboncom/SGS is just one of them.[/QUOTE]
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