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Has anyone heard of Asset Services grading?

2windy2fish2windy2fish Posts: 817 ✭✭✭✭✭

Any knowledge on this? I’ve not encountered one before, the coin itself is really nice and i am going to send to PCGS for grading, but would like to make sure before i do so that i’m not ruining a valuable holder.


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    coinbufcoinbuf Posts: 10,768 ✭✭✭✭✭

    I think there is a good chance that one of us holder collectors would pay more for it in that flip vs in a ubiquitous PCGS holder. It seems that I recall seeing one of those in the past somewhere, I just don't recall the details off hand.

    My Lincoln Registry
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    SmudgeSmudge Posts: 9,254 ✭✭✭✭✭

    Looks like it is sealed in there. Hard to tell for sure.

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    Cougar1978Cougar1978 Posts: 7,637 ✭✭✭✭✭

    No - Have seen many wannabe grading services come and go.

    So Cali Area - Coins & Currency
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    2windy2fish2windy2fish Posts: 817 ✭✭✭✭✭

    @Smudge Yes sealed with a heat strip, and the half is in a Cointain as well

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    2windy2fish2windy2fish Posts: 817 ✭✭✭✭✭
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    SapyxSapyx Posts: 2,007 ✭✭✭✭✭

    Asset Services Inc was not, technically, a grading company. It was a coin dealership, specializing in selling "portfolios" of coins to numismatically ignorant investors.

    Their grade is therefore a "first party grading" - the people doing the grading are also doing the selling. Today, we might call such a group a "basement slabber" if they were pretending to be a third party grader, but this dates from before the invention of slabbing. The accuracy of such grading therefore entirely relies on the accuracy of the dealership in question. At the time, ASI employed the likes of Neil S. Berman (Author of "coin collecting for dummies").

    My assumption: more or less accurately graded, but probably originally sold for considerably more than book value.

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    MeltdownMeltdown Posts: 8,667 ✭✭✭✭✭

    I think it's cool in the old time flip. If it is accurately graded, I'd leave it and try to sell it somewhere near 65 money.

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