Starting my own coin grading service

commoncents123 · April 15, 2007 12:55PM

I have recently fantasized about starting my own slabbing service...maybe I would specialize in just one type of US coin. Does it take anything special other than the slabbing equipment? Come to think of it where do you get slabbing equipment?

garsmith · April 15, 2007 12:58PM

Why not everyone else seems to be doing that. So are all the coins you review going to be MS or PR 70's

bidask · April 15, 2007 12:59PM

Call PCGS and ask them.

roadrunner · April 15, 2007 1:06PM

Numistrust, PGCS, and WCG are already taken.

Maybe something like SUDS or DUDS could be a catchy title.

roadrunner

commoncents123 · April 15, 2007 1:08PM

I was thinking about WCGS....wheat cent grading service

bidask · April 15, 2007 1:11PM

<< I was thinking about WCGS....wheat cent grading service

>>

Please tell us about your coin experience in wheat pennies to qualify yourself as a coin grading service.

robertpr · April 15, 2007 1:14PM

<< I was thinking about WCGS....wheat cent grading service

>>

WCGS is taken. World Coin Grading Service. Next choice?

jmj3esq · April 15, 2007 1:16PM

I hope you are kidding?

commoncents123 · April 15, 2007 1:17PM

Why would I be kidding? WGS... Wheat grading service

TwoSides2aCoin · April 15, 2007 1:20PM

how about GSBS ?

Glad™ Sandwich Bag Slabbing

nankraut · April 15, 2007 1:27PM

<< how about GSBS ?

Glad™ Sandwich Bag Slabbing >>

Now....that's funny!

Zoins · April 15, 2007 1:35PM

You can check out Capital Plastics Flexible Slabs which are only available in bulk. They say their slabs can be ultra sonic sealed so give them a call and ask.

<< how about GSBS ?

Glad™ Sandwich Bag Slabbing >>

Isn't that sort of how HRH's company started with flips? If so, he might be following in good footsteps

Type2 · April 15, 2007 1:42PM

Ya ,NCG I would like to pre order my MS-70 now.

dan383 · April 15, 2007 1:46PM

Here's one "COIN"

Cents Of Interest..............Not !

Or how about "SLD" ?

Silly Little Dreamer........................

Not to be totally ignorant , but before you go on this adventure , maybe try publishing some
books on diagnostics and grading . Then this thread can have some real meaning .

Dan

SpaceMonkey · April 15, 2007 1:47PM

how about POSGS?

commoncents123 · April 15, 2007 1:55PM

Well, if I start a grading service, I thought I'd specialize in one type and excel in my specialty...And keep my standards very strict to get a good rep going.

basestealer · April 15, 2007 2:01PM

<< how about GSBS ?

Glad™ Sandwich Bag Slabbing >>

Already taken

SpaceMonkey · April 15, 2007 2:02PM

freaking hilarious!

(edited to add)

so would you call that a rattler?

/ed

commoncents123 · April 15, 2007 2:10PM

That is ABSOLUTELY HILARIOUS

haha

PerryHall · April 15, 2007 9:46PM

<< how about POSGS?

>>

Let me guess what the POS stands for.

morgansforever · April 15, 2007 9:51PM

Why not?? Buy products from the Mint, that takes care of the authentication, and slab em yourself.

I have used the Amos snap holders, they look good, and are completely inert.

Amos link

tahoe98 · April 17, 2007 2:26AM

<< how about GSBS ?

Glad™ Sandwich Bag Slabbing >>

ptotection from spots?

BigDaddyz · April 17, 2007 2:46AM

Its no different than NGC slapping a slab around a coin cover, guessing a quick grade, and saying "..but we won't guarantee it"

Zoins · April 17, 2007 2:49AM

<< Its no different than NGC slapping a slab around a coin cover, guessing a quick grade, and saying "..but we won't guarantee it" >>

NGC is giving collectors what they want. Collectors want the coins graded and the entire envelope intact. NGC can't guarantee it because no one knows if that envelope will contribute to the deterioration of the coin and some OGP has been known to do that. It's similar to how PCGS won't give an ASE a MS70 grade even when it is in their slab. NGC can't provide a guarantee because they don't know what they are guaranteeing, insurance 101.

If you don't like it, you can always have the coins removed from the envelope. The choice is yours.

BlindedByEgo · April 17, 2007 2:55AM

All it would take is a bunch of CW holders, a laser printer, and an abject desire to lose all professional credibility.

TCoins · April 17, 2007 3:48AM

Oh my gosh....BlindedByEgo, I laughing so hard the secretary in the next office asked me if I was alright. I've got to stop reading these at work.

BulletBiter · April 17, 2007 4:06AM

Would a good starting point be to add your “stamp of approval” to a currently slabbed coin. Giving you the opportunity to build a reputation. As time and slabs go through your service you would gradually start actually slabbing them as well.

Just a thought

walkerman · April 17, 2007 4:31AM

Industry Changing Grading Service Formed

For too long we have allowed powerful unseen forces to dictate the grade of Our coins. The 70 point Sheldon grading system is imprecise, obsolete and represents the past. We must Think Big. Out with Sheldon. Out with the proposed 100 point grading scale. In with UGrade, a revolutionary new concept for a new century. After all, it’s Your money; it should be Your grade.

With UGrade You will get choice, not chance. Never be disappointed again. No more improperly cleaned. No more environmental damage. No more body bags. At last, the little guy will be heard. At UGrade Your satisfaction is our goal. At UGrade the customer is always right. At UGrade You will receive coins the way You like them.

UGrade, conceived by forward looking industry leaders in a flash of blinding insight; will feature a 1000 point millennium grading scale to allow for even more opportunities to haggle over the grade of a given coin. Because a coin has three side; UGrade will assign the numerical grade You desire to the obverse, reverse and rim of Your coin for even greater grading precision. UGrade will provide grades the way You like them. Because all coins are not mint state, UGrade will adopt a Business Strike and Proof Strike nomenclature to be abbreviated as “BS” and “PS.” Under the new system, the coins grade will appear in the following format: BS: 747/816/912 etc. with the desired suffixes following. Now we will finally have grading precision suitable for the 21st century.

UGrade will service any coin ever made with encasements ranging from the diminutive “El Pequeño” for the Indian 1/16 Rupee; to the massive “El Gordo” specifically engineered for the stone money of the Island of Yap. The “El Gordo” encasement will also feature built-in ring bolts to facilitate movement by chain hoist or portable derrick.

UGrade will have a sliding fee scale based on coin value and grade desired. An extra fee will be applied for such super designations as PQ, PL, Star, CC and Registry Set. If you have a grading problem, UGrade has a solution. If you have the money honey, we have the slab. You’ll have it made with UGrade.

Conceived and Submitted by Spence and Dave’s Traveling Numismatic Museum; most recently based in Atlanta, GA.

Dave Weygant Spencer Peck
Lake Placid, FL Oldwick, NJ

| |

57loaded · April 17, 2007 4:42AM

<< 

<< how about GSBS ?

Glad™ Sandwich Bag Slabbing >>

Already taken

>>

You have too much time on your hands, I loved it though!!!

dthigpen · April 17, 2007 4:47AM

I recommend UGS, or perhaps AUGS.

walkerman · April 17, 2007 5:35AM

<< Well, if I start a grading service, I thought I'd specialize in one type and excel in my specialty...And keep my standards very strict to get a good rep going. >>

The best way to get a good(4) rep is to start out with a superb gem (67) rep. Dave W

The priceless ingredient in any coin transaction is the integrity of the dealer.
David J Weygant Rare Coins website: www.djwcoin.com

kiyote · April 17, 2007 9:24AM

<< 

<< I was thinking about WCGS....wheat cent grading service

>>

Please tell us about your coin experience in wheat pennies to qualify yourself as a coin grading service.

>>

Grading is subjective!

kiyote · April 17, 2007 9:25AM

<< Well, if I start a grading service, I thought I'd specialize in one type and excel in my specialty...And keep my standards very strict to get a good rep going. >>

Why not do something like the Eagle Eye service for Indian Head cents?

drwstr123 · April 17, 2007 9:37AM

Don't forget to sign the slab for authentication!

LindeDad · April 17, 2007 9:45AM

<< All it would take is a bunch of CW holders, a laser printer, and an abject desire to lose all professional credibility. >>

I would recommend a good attorney also.

TwoSides2aCoin · April 17, 2007 9:48AM

<< Don't forget to sign the slab for authentication! >>

You'll Need one of these for your Signature Series

WTCG · April 17, 2007 12:38PM

<< Industry Changing Grading Service Formed

For too long we have allowed powerful unseen forces to dictate the grade of Our coins. The 70 point Sheldon grading system is imprecise, obsolete and represents the past. We must Think Big. Out with Sheldon. Out with the proposed 100 point grading scale. In with UGrade, a revolutionary new concept for a new century. After all, it’s Your money; it should be Your grade.

With UGrade You will get choice, not chance. Never be disappointed again. No more improperly cleaned. No more environmental damage. No more body bags. At last, the little guy will be heard. At UGrade Your satisfaction is our goal. At UGrade the customer is always right. At UGrade You will receive coins the way You like them.

UGrade, conceived by forward looking industry leaders in a flash of blinding insight; will feature a 1000 point millennium grading scale to allow for even more opportunities to haggle over the grade of a given coin. Because a coin has three side; UGrade will assign the numerical grade You desire to the obverse, reverse and rim of Your coin for even greater grading precision. UGrade will provide grades the way You like them. Because all coins are not mint state, UGrade will adopt a Business Strike and Proof Strike nomenclature to be abbreviated as “BS” and “PS.” Under the new system, the coins grade will appear in the following format: BS: 747/816/912 etc. with the desired suffixes following. Now we will finally have grading precision suitable for the 21st century.

UGrade will service any coin ever made with encasements ranging from the diminutive “El Pequeño” for the Indian 1/16 Rupee; to the massive “El Gordo” specifically engineered for the stone money of the Island of Yap. The “El Gordo” encasement will also feature built-in ring bolts to facilitate movement by chain hoist or portable derrick.

UGrade will have a sliding fee scale based on coin value and grade desired. An extra fee will be applied for such super designations as PQ, PL, Star, CC and Registry Set. If you have a grading problem, UGrade has a solution. If you have the money honey, we have the slab. You’ll have it made with UGrade.

Conceived and Submitted by Spence and Dave’s Traveling Numismatic Museum; most recently based in Atlanta, GA.

Dave Weygant Spencer Peck
Lake Placid, FL Oldwick, NJ

| | >>

Now there's a concept we can all embrace.

GrimReaper · April 17, 2007 2:59PM

"$.H.I.T. Slabbing"

Silly Heads & Indian Toners !!! I know what you guys were thinking !!

Starting my own coin grading service

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