> SGS - Star Grading -http://www.stargrading.org/
> I'm seeing more coins turn up in their slabs on fleabay
> Any thoughts on their competency as graders and the public's
> acceptance of their slabs>
The subject of much discussion here throughout the years. Here's one
post from 2003 with some pertinent information:
From the May 5, 2008 issue of Coin World:
"The next purchase was for three slabbed, supposedly "perfect" BU
P-D-S dimes. All three obviously had been whizzed and/or dipped. There
was absolutely no variation in color or tone over all three uniformly
white specimens. They also had numerous bag marks - yet they were
slabbed by Star Grading Service (SGS) as MS-70! Any reputable grader
would have returned all three...in a body bag.
"The story would have ended there except that I subsequently learned
that the SGS grading service has close ties with the e-Bay vendor that
sold them to me. The first tip-off was that as far as I could tell,
the e-Bay sales of my dimes vendor, Abon Enterprises, dealt
exclusively with slabbed SGS offerings. My own subsequent research, as
well as reports on various coin websites, indicated that SGS and Abon
are part of the same operation."
Their fraudulently graded slabs weren't worth the cheap plastic they
came in. Is anyone besides Abon selling them?
The have been rippng people off for years. I doubt you'll find a single
SGS(ABON) graded coin that comes within 2 or 3 grades of it's "real" grade.
They call an AU coin an MS65 all the time. Cleraned coins? They don't
care.Call it PL!!
Alot of their coins end up being sold on Ebay at a huge discount by sellers
who subseqeuntly learn what they really bought from ABON.
Didn't this group all ready get in to some shit for smearing a grading
services name all over the internet?
Well, if one SGS coin generates two or more e-Bay listings, that's
nice math for e-Bay! Draw your own conclusions. IMO the problem lies
more with e-Bay's inability to adequately police the sprawling,
brawling marketplace it has created, and an unwillingness to do what
it would take to do so.
IIRC from the blogs about Abon/SGS, complaints were made. A lot of
nothing was done. Most of these blog entries were written before the
e-Bay policy on allowable grading services. We had a thread here
months ago where it was argued that including a photo of the slab of a
"prohibited" grading service, as Abon does with SGS, violates the
spirit if not the letter of the ban, which apparently was intended
only to address the issue of coin grades showing up on searches of
listings. Ditto for the weasel-worded claims like "I'm not a
collector but I would grade this (whizzed, dipped, and dinged) coin as
an MS-70". Which, of course, was the grade showing on the pic of the
SGS slab.
> Didn't this group all ready get in to some shit for smearing a grading
> services name all over the internet?
Oooooh, I better shut up then. I don't want to utter my own personal
and informed opinion or else some bottom feeder company might sue me
into a penny-less state. By the way, Sarge, all RCC members who were
sued by Accugrade were later dropped from the suit with prejudice.
Know hat that means? Didn't think so.
Frankly, I think Volronicus's initial post was somewhat disingenuous.
He may be obnoxious, but he isn't a moron, not even a whisper away
from imbecile. He know full well that if one wants to trust a grading
service, he should purchase coins graded by PCGS or NGC. At very
least, those two companies offer a guarantee as to authenticity and
grade, with PCGS's guarantee far more liberal of the two. If someone
wants a generous grade to make him/her feel good about his/her coins,
by all means uses ANACS or ICG. At least, the coins they grade will be
genuine. Use any other company to grade your coins or to validate a
purchase of a "slabbed" coin, then the buyer's lack of common sense
will set him up for a big disappointment when his coins are sold
someday.
Ira
Ira
Sorry I personally don't want too see this group taken over by months
worth of threads talking about a court case again. But if you do go
right ahead.
Sorry I personally don't want too see this group taken over by months
worth of threads talking about a court case again. But if you do go
right ahead.
>>>
Killfile is your friend.
> Frankly, I think Volronicus's initial post was somewhat disingenuous.
Nope, it wasn't even a whisper away from being disingenuous.
I could really care less what place I take in your mind.
Huh? Even for you this doesn't make any sense, Sarge.
Oh, I think it does. Aside from the common error of saying "I could
care less" instead of "I couldn't care less," it was one of the most
cogent statements he's made here.
For those who haven't yet learned to follow his elliptical phrasings,
his response to his critics boils down to "FOAD".
I think "I could care less" usage is regional (when not being used
sarcastically). It's common around the greater NY area.
Nevertheless, sarge's response was a non sequitur.
See you get it, I'm not going a way. I like talking coins! If you
don't like what I say or how I say it then avoid my error plagued
rants and skip them. Because according to some I have nothing
meaningful to say any way. Don't get me wrong they're are alot of
great people here. So lets get on with talking about coins or just
killfile me if you don't like me!
It mean's to me your opinion means zilch, noda, nothing to me. I don't
know how more basic to get it for you.
Except that you didn't direct that scintillating riposte toward me in
the first place, you cretin.
All this being said about SGS,they are still not alone. The other two that
really stand out for agregious grading fraud are WCG and USCG and to a
lesser extent "Silver Dollard Grading serivices" or some nonsense and the
scammers that get involved as "salesmen" for them. One guy who was selling
the latter(and I bought a single coin) says "don't blame him,blame the
grading company". "I never look at the coins they send me to sell." Then
after they get booted for excessive negatives,they go under a new name,if
they can.
BTW, they can "sue" a newgroup all they want,but you can't get blood from a
stone.
I've heard it there often enough, but many other places, too. It
certainly sounds like New York, though.