Friday, May 17, 2013

GWE (Gerald W. Elliott) Grading Service (active)

I'm a daring sort, so I decided to pay a submission fee and get an interesting coin slabbed by Gerald W. Elliott or GWE. This person, Gerald W. Elliott, is a self slabber and sells on various online auction web sites. He doesn't seek or promote submissions to his grading service. I bought another coin he had up for sale and decided I would send in a coin for him to grade.

I got my 1957 Guatemala 5 Centavos coin submission returned to me in the mail. In seeing what I got returned, the adage "let the buyer beware" couldn't be more fitting. Here's what I didn't like: the coin moves in the holder. Adding more material to safely close the gap in order to fit the coin would have made sense. The coin grade was ridiculously undergraded. I would have graded this specimen VF-35, but it came back VG-8! This coin also has a double die error on the obverse where it reads "GUATEMALA". Lastly, the coin holder easily opens when light hand pressure is applied. What did this cost masterpiece of work cost me to get done? $7.95.

Would I recommend GWE slab your coins? There's an easy answer for that one: HELL NO!

 


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