Star Grading Service?

Discussion in 'Coin Chat' started by TAS2826, Jul 27, 2005.

  1. TAS2826

    TAS2826 Member

    Has anyone dealt with SGS - Star Grading Service (www.stargrading.org)? Are they legit? How long have they been around? They have only an email contact and the web page seems to be pretty light. I notice that a lot of auction coins seem to be graded by them.

    Thanks,

    Troy
     
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  3. rick

    rick Coin Collector

    Star Grading Service is not considered a respected certification service.

    I believe they exist so that the owner can claim he is selling a 'certified MS70' coin on ebay...
     
  4. Midas

    Midas Coin Hoarder

  5. Danr

    Danr Numismatist

    Thanks for the info on SGS- I will avoid them.
     
  6. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    good choice Danr
     
  7. Draco

    Draco New Member

    Greetings all,
    I have not posted before I just like this site so much.I have to say that I bought a couple coins from SGS that were ms70.I found better examples in my pocket change.I have a question. I am going to send them for grading. I bought some coins fron coin vault or the other one thats on and was given a couple free certificates for grading thru ICG.I will send them in. I guess i should send them in the orginal holders they came in. I am sure that will give them something to laugh at.I will let you know the outcome.
    Thank you,
    Bruce
    ps-
    1968S nickel
    1968D nickel
    1981S SGS
    1981P SGS
    1981D SGS
     
  8. SilverDollarMan

    SilverDollarMan Collecting Fool

    Welcome draco, what did u get from coin vault? Something reasonably priced?
     
  9. Speedy

    Speedy Researching Coins Supporter

    Draco....if you still have time crack the coins out of the slabs...you might get better grades then if you just send them in an old SGS holder...the grader mgith just say..."well...this should be marked down to XXXX because its in a SGS holder"....now I'm not saying that is right but it mgiht happen....

    Speedy
     
  10. BigsWick

    BigsWick Rat Powered

    Did you see where they claim 7% of all slabbed coins sold on eBay are graded by SGS? I really can't believe so many people fall for this. Simply doing a bit of research before making a purchase could at least get a potential buyer oriented to the TPGs and make them a bit more informed.
     
  11. rick

    rick Coin Collector

    It's the nature of new collectors - you trust.

    You take an AU55 coin and slap a MS69 sticker on it, and you will fool a LOT of people. Ebay is an excellent platform for pesenting an illusion of professionalism that can fool a lot of people.
     
  12. Draco

    Draco New Member

    I agree,I bought it hook line and sinker.If it wasn't for finding this place. I would still be bragging about SGS. I put down what coins we bought from SGS and it was two nickles and the three 1981 coins were Susan B. Anthony dollar.
    I guess I better not send in the holders with the coins. I will take your advise and remove them.They probably would punish me for buying from them.
    I will let you all know how it turns out. I am sure they will send it back with a note-please do not waste our time sending in garbage.We know were you got this!!!
    I thank everyone who responded to my question. I would like your opinions on two other coins I bought on e-bay.I will get them out and get back with you all soon. I really appreciate your help.
    Thank you,
    Bruce Denton
     
  13. Midas

    Midas Coin Hoarder

    They are easy to break out, just cut the beautiful gold label tape holding this slab together.

    [​IMG]
     
  14. Draco

    Draco New Member

    Midas,
    It opens like a cracker jack prize.I again thank you.

    SilverDollarMan-
    My wife bought that 1960-1990 proof set
     
  15. 1895BU

    1895BU Junior Member

    Negative feedback rating you and your SGS dont no a ms70 from a slug how dare you send me this crap refu
    Buyer mrjontod ( 26Feedback score is 10 to 49) Aug-24-05 06:43 8315674034
    Reply by aboncom: mrjontod you are a FRAUD whose phone blackmail will NOT WORK with ABON! SMILES Aug-24-05 09:16
    Follow-up by mrjontod: WHAT IS THIS CRAP PHONE BLAKMAIL? U R FRAUD NOT ME SGS SUCKS L BENCE OWNS BOTH?? Aug-27-05 22:49


    ok reading feedback left by buyers of abons so called ms70 coins
    to me this is the best one left so far
     
  16. Morgan Dollar13

    Morgan Dollar13 New Member

    SGS is crap

    The so called MS70s are like MS60s pulled out of a change bucket
     
  17. 1895BU

    1895BU Junior Member

    some dont even grade ms 60
     
  18. Speedy

    Speedy Researching Coins Supporter

    I have pulled a few SGS coins that are not MS60 or PF60...they are better but they are a LONG way from MS/PF70....

    Speedy
     
  19. Morgan Dollar13

    Morgan Dollar13 New Member

  20. TAS2826

    TAS2826 Member

    Draco, was just curious how this turned out if you heard anything back.
     
  21. Draco

    Draco New Member

    Greetings TAS2826,
    I am sorry that its taken awhile to get back with you.I have been traveling for work.I did send my coins in ,but not until 8-22-05.I have not had a reply yet.It only cost 15.00. we received this coupon when my wife ordered coins fromTV.I sent in 1968s nickel and 1981p SBA.I am sure I just threw my money away when I bought fron SGS.It is worth the 15.00 just to get a laugh when they do come back I will post the results and pictures.I will also provide the listing from SGS with what they claimed them to be.
    Bruce
     
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