DGS Update

Business at Dominion Grading Service (DGS) has been clipping along at a solid pace this month. We have now graded 2,812 coins -- only 376 submitted by DLRC.

The buzz around "town" has been really good for our graded coins and dealers, as well as collectors, have been buying DGS coins because they are confident that our coins are conservatively graded. It's really that simple. If we grade the coins correctly, people will buy them. And that's our secret formula.

Also, today we officially broke the $100,000 mark for sales of DGS coins! Between DLRC and DLRC Auctions, we have sold 224 DGS-graded coins for a total of $103,338. That's an average sales price of $461! Clearly, we are not grading bulk submissions of modern coins, but you can take a look at our visual population report and see that.

Speaking of innovative ideas, we certified our first Hobo Nickels this week. To my knowledge, no grading service has ever done this, but a very good client asked if we could put these in holders without grades. It's impossible to grade these coins, since they are technically damaged, but Hobo nickels are a work of art and we were happy to accommodate his request.

If you have any questions or comments about our services, please direct them to me for a personal response. Thanks!