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<p>[QUOTE="gboulton, post: 1263746, member: 27043"]Ahhh yes. Star Grading Services. *heh* A company that, <a href="http://www.stargrading.org/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.stargrading.org/" rel="nofollow">according to their own website</a>, "specializ[es] in grades 60 to 70, both Proof and MS"</p><p><br /></p><p>Indeed, there's an <a href="http://coins.about.com/od/coinbuyingadvice/qt/ebay_coin_fraud.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.about.com/od/coinbuyingadvice/qt/ebay_coin_fraud.htm" rel="nofollow">article here</a> documenting an SGS coin graded PR70 CAMEO that had fingerprints and notable scratches on it. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>So...yes...the person grading that coin was probably incorrect. I suppose it's POSSIBLE it actually IS an MS70 coin (Your pictures aren't anywhere near clear enough to be sure) and SGS got lucky...but the chances are extremely high that it's simply a circulated 2006 quarter, of no value beyond $0.25.</p><p><br /></p><p>What, sadly, you've just run into is the fact that a great many grading companies exist that claim high standards, but have none. They exist strictly to award desirable grades...for a fee of course...and unscrupulous sellers/dealers will use these inflated grades to sell what is, in reality, an inexpensive, cheap, or trashed coin for a much higher price.</p><p><br /></p><p>The article I linked above gives a breakdown of some of the various "TPGs" (Third Party Graders). You'll note most in the hobby will concur with that breakdown...at the top there's PCGS and NGC, and then somewhere near or around the top (depends on who you ask) are ANACS and ICG, and then there's "everybody else".</p><p><br /></p><p>This isn't to say that some of the "everybody elses" might not be TRYING to do honest grading with high standards...they simply don't have the reputation that the higher tier TPGs do...reputations earned over many years of demanding critics agreeing with their analysis of coins...and, in some cases, even backed by guarantees of a coin's value and/or grade.</p><p><br /></p><p>Your best bet here, at this point, is to buckle down, and do the research. You've been given a lot of resources in this thread...use them. Take several weeks, catalog what you have, and use the links/books/etc here to determine which coins have potential, which ones don't, etc. Take good, sharp, crisp pictures of any you have questions about (there are several threads here at CT about good picture taking, even without expensive equipment) and start threads here asking about them. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="gboulton, post: 1263746, member: 27043"]Ahhh yes. Star Grading Services. *heh* A company that, [URL="http://www.stargrading.org/"]according to their own website[/URL], "specializ[es] in grades 60 to 70, both Proof and MS" Indeed, there's an [URL="http://coins.about.com/od/coinbuyingadvice/qt/ebay_coin_fraud.htm"]article here[/URL] documenting an SGS coin graded PR70 CAMEO that had fingerprints and notable scratches on it. :) So...yes...the person grading that coin was probably incorrect. I suppose it's POSSIBLE it actually IS an MS70 coin (Your pictures aren't anywhere near clear enough to be sure) and SGS got lucky...but the chances are extremely high that it's simply a circulated 2006 quarter, of no value beyond $0.25. What, sadly, you've just run into is the fact that a great many grading companies exist that claim high standards, but have none. They exist strictly to award desirable grades...for a fee of course...and unscrupulous sellers/dealers will use these inflated grades to sell what is, in reality, an inexpensive, cheap, or trashed coin for a much higher price. The article I linked above gives a breakdown of some of the various "TPGs" (Third Party Graders). You'll note most in the hobby will concur with that breakdown...at the top there's PCGS and NGC, and then somewhere near or around the top (depends on who you ask) are ANACS and ICG, and then there's "everybody else". This isn't to say that some of the "everybody elses" might not be TRYING to do honest grading with high standards...they simply don't have the reputation that the higher tier TPGs do...reputations earned over many years of demanding critics agreeing with their analysis of coins...and, in some cases, even backed by guarantees of a coin's value and/or grade. Your best bet here, at this point, is to buckle down, and do the research. You've been given a lot of resources in this thread...use them. Take several weeks, catalog what you have, and use the links/books/etc here to determine which coins have potential, which ones don't, etc. Take good, sharp, crisp pictures of any you have questions about (there are several threads here at CT about good picture taking, even without expensive equipment) and start threads here asking about them. :)[/QUOTE]
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