DGS Grades over 625 Coins in the First 3 Weeks of Operation

Early Goals Have Been Exceeded, Signature Series Graders Added

John Feigenbaum {Virginia Beach, VA.} Dominion Grading Service (DGS) announced today that their initial operations goals have been exceeded in the first month. According to John Feigenbaum, President, “as of May 20, we have graded 638 coins and met our goals in many other areas as well, including our software which provides email updates to submitters as orders reach various stages of the submission process. The web site offers similar features, including the ability to view any coin slabbed and valued over $100 (a feature we call AuthentiView™).”

Signature Series Graders Added

Signature Series GradersIn our first month of operations, DGS solidified Signature Series grader agreements with: Rick Snow (Indian Cents); Jim McGuigan (early U.S. coinage); Bill Bugert (Seated Half Dollars); and John Feigenbaum will perform this service for Barber coinage and Washington quarters, upon request.

DGS was very excited to receive its first Signature Series submission which included several rare large cent varieties, and a sharp example of the very rare 1802 half dime (DGS XF40 Slightly Bent, Light Graffiti), which has a pedigree back to the Buddy Ebsen collection and is valued over $100,000. Jim McGuigan — a renowned specialist in U.S. Bust coinage — graded and authenticated this important coin. His opinion was verified by three other graders at DGS.

DGS Coins Graded By DLRC

In an effort to maintain full disclosure, DGS has openly acknowledged that it shares the same ownership as David Lawrence Rare Coins. Feigenbaum clarifies, “We are confident that we can (and will) maintain the highest level of integrity when grading DLRC material. In an additional effort to show transparency, we are adding the letter ‘D’ to the serial number of all coins submitted by DLRC. In this manner collectors can judge for themselves whether we been careless in grading our own material.”
DGS Coins in the Marketplace

The management of DGS estimates that DGS-graded coins will soon begin appearing in the marketplace. David Lawrence Rare Coins and DLRC Auctions will be major supporters of DGS-graded material. Whether owners of DGS-certified coins wish to sell outright or auction their material, they will have an immediate venue. Laura Sperber has stated that ML Coin Auctions (www.mlcoinauctions.com) will accept coins valued at $250 or more in their live auction sales.

Owners of DGS coins are encouraged to contact their preferred dealer for more information. According to Feigenbaum, “the DGS-graded coins will stand on their own in the marketplace. We feel very confident that collectors and dealers alike will find that we have graded with a careful eye and an eye towards value. We are not interested in quantity over quality.”

Submitters are encouraged to visit the company web site at www.dominiongrading.com for answers to most questions, as well as online submission forms. You may call Dominion customer service toll-free at (800) 277-2646, or via email at service@dominiongrading.com.

Dominion Grading Service
PO Box 2388
Virginia Beach, VA 23450-2388
Toll Free: 1-800-277-2646
Fax: 888-719-9739
www.dominiongrading.com
email: info@dominiongrading.com

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About the Author

Dominion Grading Service is a new numismatic grading and authentication company (April 2008) DGS grading will be based on strict standards (i.e. Photograde, for circulated coins). On mint state coinage, DGS will grade conservatively with a focus on eye appeal, freshness of surfaces (including originality) and marketability. Only DGS offers AuthentiVIEW™ -- our trademarked Internet service that allows anyone to verify the actual holder and its contents of every coin (over $100 in insured value) that we've certified since day 1!

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