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<p>[QUOTE="foundinrolls, post: 111402, member: 4350"]Hi,</p><p>Just a note, some of the slabbers listed in your post are excellent, I think we all know who they are. At least one of the slabbers on your list overgrades almost consistently. I think we know who that is. You won't find many people who will say much negative about them(the overgrader) because the company will often mount a law suit that invariably is lost but still costs the "victim" a fortune in legal fees. It doesn't make them any better at grading!</p><p><br /></p><p>You should memorize some initials and never depart from them when slabbing in concerned.</p><p>Some bogus slabbers like to vary the known initials of good slabbers to confuse the issue. SEGS and SGS for example. SEGS being the one that is copied.</p><p><br /></p><p>If you see someone selling slabs and considering their coins as third party graded and they are not one of the majors, I would steer clear of the coins. </p><p><br /></p><p>If the coin is in a commercially sold slab and is not from one of the respected third party graders, I would suggest a lot of scrutiny before dealing with that seller. The coin was likely graded in a garage, in the dark, with both eyes closed. </p><p><br /></p><p>The whole idea behind third party grading services is the fact that they have very highly paid professional graders who know how to grade a coin. It is possible for them to make a mistake on occasion but the likelihood of a mistake is lessened by virtue of their vast expertise. </p><p><br /></p><p>You may have to wait a little and you may have to pay a little for a coin to be slabbed , if you are getting some coins graded. If that's the case, have slabbed coins that are worth being graded. Don't send PCGS an AU-58 1956 D cent for example. Do send PCGS a 1932 D Washington quarter in AU-58. </p><p><br /></p><p>Once coins are slabbed, you can feel fairly safe, as a buyer, with the respected third party graders. Buyer beware if someone is grading and slabbing his own coins and selling them. You may find a good coin, but there are not that many MS-69 and MS-70 coins out there. If someone hasn't graded thousands and thousands of coins, they are only putting a semi-educated guess as to a grade on their slab.</p><p><br /></p><p>By the way, I accidentally removed from your list some of the slabbers that were on it. Check the quote section of this post. I didn't have time to add them back in, but the ones that are left here would be good ones to use, if you get my drift.</p><p><br /></p><p>Have Fun,</p><p>Bill[/QUOTE]</p><p><br /></p>
[QUOTE="foundinrolls, post: 111402, member: 4350"]Hi, Just a note, some of the slabbers listed in your post are excellent, I think we all know who they are. At least one of the slabbers on your list overgrades almost consistently. I think we know who that is. You won't find many people who will say much negative about them(the overgrader) because the company will often mount a law suit that invariably is lost but still costs the "victim" a fortune in legal fees. It doesn't make them any better at grading! You should memorize some initials and never depart from them when slabbing in concerned. Some bogus slabbers like to vary the known initials of good slabbers to confuse the issue. SEGS and SGS for example. SEGS being the one that is copied. If you see someone selling slabs and considering their coins as third party graded and they are not one of the majors, I would steer clear of the coins. If the coin is in a commercially sold slab and is not from one of the respected third party graders, I would suggest a lot of scrutiny before dealing with that seller. The coin was likely graded in a garage, in the dark, with both eyes closed. The whole idea behind third party grading services is the fact that they have very highly paid professional graders who know how to grade a coin. It is possible for them to make a mistake on occasion but the likelihood of a mistake is lessened by virtue of their vast expertise. You may have to wait a little and you may have to pay a little for a coin to be slabbed , if you are getting some coins graded. If that's the case, have slabbed coins that are worth being graded. Don't send PCGS an AU-58 1956 D cent for example. Do send PCGS a 1932 D Washington quarter in AU-58. Once coins are slabbed, you can feel fairly safe, as a buyer, with the respected third party graders. Buyer beware if someone is grading and slabbing his own coins and selling them. You may find a good coin, but there are not that many MS-69 and MS-70 coins out there. If someone hasn't graded thousands and thousands of coins, they are only putting a semi-educated guess as to a grade on their slab. By the way, I accidentally removed from your list some of the slabbers that were on it. Check the quote section of this post. I didn't have time to add them back in, but the ones that are left here would be good ones to use, if you get my drift. Have Fun, Bill[/QUOTE]
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