Grading Companies

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  • WxMan
    Member
    • Apr 2014
    • 654

    #1

    Grading Companies

    I have been spending a lot of time lately searching local online auctions for coins. I came across some coins graded by companies I have never heard. The first is SGS. After doing a Google search it looks like they are an international company that does various certifications, authentications and verifications on a lot of things. The second is CGCS. After a Google search I came up with nothing. Any information anyone might be able to provide would be AWSOME.
    MyPCGSSets
  • enamel7
    Paid Member

    • Apr 2009
    • 4043

    #2
    Stay away from both of those!

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    • Magers
      Member
      • Feb 2012
      • 889

      #3
      SGS is affectionately known as Steve's Grading Service. It a guy who slabs cleaned and over graded coins in his garage. I would stick to the big 3: PCGS, NGC, and ANACS. You can ocasionally find very nice coins in ICG, PCI and SEGS holders as well. Outside of the companies listed, I'd say absolutely buy the coin and not the holder. I mean, I say that anyway.

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      • WxMan
        Member
        • Apr 2014
        • 654

        #4
        Thanks for the feedback. I thought a 1941D that looked like a circulated RB was a little off when the label read MS70. Plus there was no type of certification numbers on them. I will steer clear of them.
        MyPCGSSets

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        • onecent1909
          Wrong Design Die Expert
          • Feb 2012
          • 2597

          #5
          Here is a nice page on 3rd party graders.
          LINK
          nice list of a lot of graders with pics
          Member: Florida State representative for the ANA, Florida state representative for CONECA, F.U.N. and the Ocala Coin Club

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          • WxMan
            Member
            • Apr 2014
            • 654

            #6
            I had no idea there were so many out there. Thanks for the link. Lots of informative links.
            MyPCGSSets

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