New British Coin Grading Service?

[Airhead]

While browsing Fleabay I came across a coin that had apparently been graded.

I have heard of LCGS, NGC and PCGS, but not the one given in the listing and was wondering if it was legitimate or if someone was being a bit creative.

Not casting aspersions, but being rather ignorant of the finer points of coin collecting I was wondering.

I have searched the interweb but have not turned anything up.  

 

https://preview.tinyurl.com/yxqb7uq4

[JunkBond]

https://weightoncoin.co.uk/index.php?main_page=index&cPath=228

[Seasider]

For those who don't want to click the link CGS is the old name for LCGS.

And you should know that 70 is not a top grade for that company - they go up to 100

[Wampum]

LCGS is part of London Coins or a companion to them. The coin shown is an early version of their capsule,with the EF at 70,They now class around an 78/80 as their bench mark  to UNC which roughly equates to an MS 64,however as with any cross over this is an approx, as I have seen a 78 make 64 and also an 82 make a  64 through NGC/PCGS.

They mainly deal only with British coins,and have a website that is pretty good for research, however I stopped using when they started to charge for the service.

I would say that these are truer grades than American graders,as they also list British varieties,of which NGC and PCGS are useless at.

You won't get the same extra monies that the NGC/PCGS command, however on the earlier capsules you will get a truer grade.