ENGS Elite Numismatic Grading Service Coin Grading Company Holder

ENGS ELITE NUMISMATIC GRADING SERVICE

I don't know if these two holders are from the same company, but they share the same acronym for a name.

Any TPGS without a website, address, phone number or email are usually "self-slabbers" who grade their own coins, sell them, and don't accept submissions from the general public. These companies are not recommended unless one can tell, first-hand, that the coin is authentic, problem free (not cleaned or damaged), and graded appropriately. If you have any information on this company send an email to help@coinauctionshelp.com

*The domain, in this article, is up for sale and the website is down. Updated 7/24/2011

This is why I am trying to warn everyone. What if you had coins in ENGS holders and didn't agree with their grade? What would you do? Nothing. Unless you want to hunt the man behind this holder.

The owner of ENGS, Terry Jones, sent me an email concerning the comment I made in regard to ENGS, of which he claims to own. I can't verify this, but I posted the email for you to read.

Here it is:

TO WHOMEVER.

ENGS COINS IS MY COMPANY,SAYING THAT YOU WOULD NOT PUT A MS 69 PEACE DOLLAR IN MY HOLDER IF YOU HAD ONE IS SLURING MY COMPANY. I TALKED TO MY ATTORNY HERE IN EVANSVILLE, INDIANA AND HE'S GIVING YOU 1 WEEK TO REMOVE YOUR COMMENTS ABOUT MY GRADING SERVICE.OR YOU WILL BE IN COURT AT YOUR COST.

1 WEEK. TERRY JONES

Here's my reply:

I change my comments on your company as you requested. My comment wasn't meant to slander your service, but that an MS69 would sale for more in a PCGS holder (I know I didn't specify this fact, but that was my line of thought). It wouldn't be wise on my part, as a dealer, to use a mostly unrecognized service. If you have a website, phone number, grading guarantee, or submission address, I would like this information for my site visitors, and I will post it on my ENGS page.

Best Regards,

Daniel Malone

Owner/Operator of coinauctionshelp.com

I didn't receive a response to this email, but on further inspection, I noticed his email address is terry@scrapgoldusa.com. I visited scrapgoldusa.com and didn't see any references to ENGS on this website, but Terry Jones is the owner, and the Evansville, Indiana correlates with his email. I did see a reference to an offer to have your rare coins graded TGS grading service.

I visited this link and discovered that TGS means, Trust Grading Service. Also, here is the contact information on TGS: Address: Suite 1118 Washington Square Mall

Evansville, IN 47715

Telephone: (812) 402-4385

E-mail : service@tgscoins.com

If Terry Jones is the owner of ENGS then he changed grading service names, and started a new one (TGS). I couldn't locate a picture of a TGS slab, but the site promises a "coming soon" video of their grading process.

I hope you, the visitor of this web page, found this website before you purchased a graded coin at ebay or any other online venue. If not, don't despair, because here you will find all the information you need to buy graded coins without getting ripped off. It's better to learn this information now than never.

Ebay is only one of many websites that contain coin auctions or coins for sale in holders with an assigned grade. It's also apparent that uninformed collectors assume that a coin in a holder is authentic and graded appropriately, but such is not always the case.

It doesn't take a degree or training to buy coin holders, create the labels of your choice and encase coins inside. Furthermore, if you know how much coins are worth in different grades than you would be able to grade any coin, a grade of your choice, for the most profit. However, it doesn't stop there as many decide that can pass-off cleaned coins as problem free, or fake coins as authentic. If that's not enough, some have chosen to fake holders from the most respected grading services like PCGS and NGC.

So, I hope each visitor takes heed to the information contained in these web pages and buys graded coins accordingly.

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