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Any info on SEGS Grading Co?

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  • 1northcoin1northcoin Posts: 4,438 ✭✭✭✭✭

    Anyone know how Larry is doing? I stopped by his office in or near Lima, Ohio some years ago but he was not in.

  • logger7logger7 Posts: 8,620 ✭✭✭✭✭

    A common gem Morgan in a segs holder sold for around $120 a few days ago. It looked accurate to me.

  • BStrauss3BStrauss3 Posts: 3,505 ✭✭✭✭✭

    Copper. Early days. It confused people and they stopped.

    https://web.archive.org/web/20000817042259/https://www.segsgrading.com/

    • Gold label for Gold coins
    • Copper label for Copper pieces
    • Lavender label for U.S. Silver Dollars
    • Silver label for all other pieces
    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • seatedlib3991seatedlib3991 Posts: 820 ✭✭✭✭✭

    Thank you Bstrauss. Have wondered about this for years but no one seemed to know. James

  • ChangeInHistoryChangeInHistory Posts: 3,058 ✭✭✭✭✭

    @1northcoin said:
    Anyone know how Larry is doing? I stopped by his office in or near Lima, Ohio some years ago but he was not in.

    Ii worked his table at Central States, he's doing a little better, getting around better. His 'gift of gab' is as strong as ever!

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    Has anyone submitted coins to SEGS lately?

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • ZoinsZoins Posts: 34,353 ✭✭✭✭✭

    @koynekwest said:
    I think they were very accurate in the early days of SEGS. But I quit grading with them maybe 5 years after they started grading, so anything after that I wouldn't know. I do know that I cherried a 1916 proof Buff 5c in an MS65 SEGS slab for $100 back in 2006. I still have that coin-

    Amazing coin! Love the old school TrueView!

  • ZoinsZoins Posts: 34,353 ✭✭✭✭✭
    edited May 14, 2023 2:50PM

    @pointfivezero said:

    Tim

    @BStrauss3 said:
    Tim- that policy is a bit of a fossil. It was imposed with lots of fanfare and had some requirements (a certain # of coins graded, the ability to verify certification, &c.) to be approved.

    After the initial wave, there were a couple of organizations that tried to get approved, but there didn't seem to have been any motion. And nothing has changed since then, despite a bunch of changes in the industry.

    Initially, it seemed like a major reason some TPGs weren't included was due to cert verification and pop reports, but now more TPGs do have them.

  • logger7logger7 Posts: 8,620 ✭✭✭✭✭

    I'm curious if Larry Briggs is still connected to SEGS? Someone said that the business was sold. Someone once complemented him saying that what Briggs has forgotten (in numismatics) was more than he knew.

    A search for Briggs turns up this site: https://www.larrybriggsrarecoins.com/

  • BStrauss3BStrauss3 Posts: 3,505 ✭✭✭✭✭

    The about us on the site doesn't say he is not...

    In 1998 Larry, and others developed SEGS: Coin Grading Service (SEGS). SEGS offers individuals, dealers, and investors affordable and accurate grading, expert attribution, authentication services and encapsulation. The SEGS capsule provides an inert environment that protects and preserves the physical condition of the coin. SEGS headquarters in Chattanooga, Tennessee. Call toll free for your information package at 1-888-768-7261, or visit http://www.segsgrading.com/ for more information.

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • pointfivezeropointfivezero Posts: 1,853 ✭✭✭✭✭

    @BStrauss3 said:
    Tim- that policy is a bit of a fossil. It was imposed with lots of fanfare and had some requirements (a certain # of coins graded, the ability to verify certification, &c.) to be approved.

    After the initial wave, there were a couple of organizations that tried to get approved, but there didn't seem to have been any motion. And nothing has changed since then, despite a bunch of changes in the industry.

    Hey Burton - couldn't agree more. Like most of us old fossils, it is in need of a fresh update.

    Tim

  • pointfivezeropointfivezero Posts: 1,853 ✭✭✭✭✭

    @BStrauss3 said:
    Hey, who are you calling a fossil? I'll have you know I'm closer in age to a frozen ice age Mammoth than a fossil.

    The only thing older than me in my house is this meteorite:

    Tim

  • ChangeInHistoryChangeInHistory Posts: 3,058 ✭✭✭✭✭

    @logger7 said:
    I'm curious if Larry Briggs is still connected to SEGS? Someone said that the business was sold. Someone once complemented him saying that what Briggs has forgotten (in numismatics) was more than he knew.

    A search for Briggs turns up this site: https://www.larrybriggsrarecoins.com/

    No, he sold it a while a ago, few years possibly.

    His website is out of date, he's having trouble with it, can't add or subtract inventory. He is active at the bigger shows in his area.

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    @ChangeInHistory said:

    @logger7 said:
    I'm curious if Larry Briggs is still connected to SEGS? Someone said that the business was sold. Someone once complemented him saying that what Briggs has forgotten (in numismatics) was more than he knew.

    A search for Briggs turns up this site: https://www.larrybriggsrarecoins.com/

    No, he sold it a while a ago, few years possibly.

    His website is out of date, he's having trouble with it, can't add or subtract inventory. He is active at the bigger shows in his area.

    Is SEGS still an active viable company?

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    I'm still trying. No replies from phone calls or e-mails.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • BStrauss3BStrauss3 Posts: 3,505 ✭✭✭✭✭

    Their domain expires end of August. Might see something then. I did a little scan on fleaBay, the most recent coin I found was graded last August.

    I did not - although this was not scientific nor exhaustive - find many higher cert#s or later than 2022-08-29.

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • BStrauss3BStrauss3 Posts: 3,505 ✭✭✭✭✭

    I spent 20c - all y'all owe me - but the NJ Business formation document doesn't say anything except it gives us the formal business name:

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • TrampTramp Posts: 701 ✭✭✭✭✭

    KDC auctions in NJ appears to deal with SEGS directly. Majority of their coins auctioned are SEGS slabs. Give KDC a call, maybe someone there has the answer.

    USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
    My current Registry sets:
    ✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
    ✓ Everyman Mint State Lincoln Cents (1909 – 1958)
    ✓ Morgan Dollar GSA Hoard (1878 – 1891)

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    Great info gents! I'll keep beating the bushes with this info.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • TrampTramp Posts: 701 ✭✭✭✭✭

    @OAKSTAR said:
    Great info gents! I'll keep beating the bushes with this info.

    Key Date Coins (KDC). Ph. (856) 685-9848
    https://www.proxibid.com/Key-Date-Coins/auction-house/3478

    USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
    My current Registry sets:
    ✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
    ✓ Everyman Mint State Lincoln Cents (1909 – 1958)
    ✓ Morgan Dollar GSA Hoard (1878 – 1891)

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    @Tramp said:

    @OAKSTAR said:
    Great info gents! I'll keep beating the bushes with this info.

    Key Date Coins (KDC). Ph. (856) 685-9848
    https://www.proxibid.com/Key-Date-Coins/auction-house/3478

    Yes, I called that number about 30 minutes ago. A real nice girl answered. She was trying to be helpful. She only had the numbers off SEGS's website, which I've been using for the past 2 weeks with no luck. Seems like no one's home at SEGS.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • PTVETTERPTVETTER Posts: 5,977 ✭✭✭✭✭

    I understand that SEGS was sold by Larry!

    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • TrampTramp Posts: 701 ✭✭✭✭✭

    @OAKSTAR said:
    Yes, I called that number about 30 minutes ago. A real nice girl answered. She was trying to be helpful. She only had the numbers off SEGS's website, which I've been using for the past 2 weeks with no luck.

    Ok. It was a shot since they were in the same state just down the road from each other too. Good luck in your search.

    USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
    My current Registry sets:
    ✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
    ✓ Everyman Mint State Lincoln Cents (1909 – 1958)
    ✓ Morgan Dollar GSA Hoard (1878 – 1891)

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    @Tramp said:

    @OAKSTAR said:
    Yes, I called that number about 30 minutes ago. A real nice girl answered. She was trying to be helpful. She only had the numbers off SEGS's website, which I've been using for the past 2 weeks with no luck.

    Ok. It was a shot since they were in the same state just down the road from each other too. Good luck in your search.

    I just might go over there and knock on their stinkin' door! 😂 🤣

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭
    edited May 24, 2023 4:59PM

    Hey, let me ask you guys a personal question. Should I not be talking or asking about other TPG'ers on a PCGS forum?

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • TrampTramp Posts: 701 ✭✭✭✭✭
    edited May 24, 2023 5:57PM

    @OAKSTAR said:
    Hey, let me ask you guys a personal question. Should I not be talking or asking about other TPG'ers on a PCGS forum?

    Forum rule #4 only says "Posts promoting or bashing other grading companies or services are not allowed.". I don't see this string as promoting or talking bad about them.

    USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
    My current Registry sets:
    ✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
    ✓ Everyman Mint State Lincoln Cents (1909 – 1958)
    ✓ Morgan Dollar GSA Hoard (1878 – 1891)

  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    @Tramp said:

    @OAKSTAR said:
    Hey, let me ask you guys a personal question. Should I not be talking or asking about other TPG'ers on a PCGS forum?

    Forum rule #4 only says "Posts promoting or bashing other grading companies or services are not allowed.". I don't see this string as promoting or talking bad about them.

    Thanks. There always seems to be a fine line between some of this stuff.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • TomBTomB Posts: 21,457 ✭✭✭✭✭

    @OAKSTAR said:
    Hey, let me ask you guys a personal question. Should I not be talking or asking about other TPG'ers on a PCGS forum?

    I think it also depends upon whom you are writing about. The forum rule isn't written to include that, but discussing NGC vs. discussing SEGS likely generates a different in-house response from moderation.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • silviosisilviosi Posts: 458 ✭✭✭
    edited May 24, 2023 9:31PM

    @OAKSTAR said:
    Hey, let me ask you guys a personal question. Should I not be talking or asking about other TPG's on a PCGS forum?

    I think we can discuss this topic. One big reason it is to day those SEGS slabs will be in the hands of the PCGS. "OAKSTAR" been on PCGS forum do not mean I will not discuss defunct TPG and how will be receive by PCGS. I think you do not understand very well rule #4.

    ** "Posts promoting or bashing other grading companies or services are not allowed."** Sorry OAK but if I have a slab say MS-68 for example, I want to know the opinions of PGGS's members and maybe some from inside if is somehow accurate. We discuss about defuncts TPG;s not active ones. You has to understand bashings an promote meanings.

    For SEGS I do not have to much information's but what I see on my certifications I have from the first years and was almost precise. The lasts years ones it is a joke. So if you has those do not submit, except you want to has a nice bad surprise.

    NEVER ARGUE WITH AN IDIOT.FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.THEN, THEY WILL BEAT YOU WITH EXPERIENCE. MARK TWAIN

  • BStrauss3BStrauss3 Posts: 3,505 ✭✭✭✭✭

    One thing SEGS has going for it is that those slabs that ARE in the database, some of them tell you when they were graded. If you think that XYZ Corp of 1995 is not the same standards as XYZ Corp of 2005, it's more precise than trying to sequence labels.

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    UPDATE!!

    They finally contacted me.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • opportunityopportunity Posts: 1,030 ✭✭✭✭

    I like SEGS and I like the long time owner, Larry Briggs. That said, they never innovated enough to catch on, and I think their ship has sailed. You can trust the variety attributions, and the grades aren't always unreasonable, but their acceptance in the national marketplace is more or less third world status, even if it's not quite so deserved.

    Early American Copper, Bust and Seated.

  • BStrauss3BStrauss3 Posts: 3,505 ✭✭✭✭✭

    As far as we can tell, Larry no longer owns SEGS.

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • OAKSTAROAKSTAR Posts: 7,712 ✭✭✭✭✭

    Has anyone submitted to SEGS recently or has had any current dealings with them?

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

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