Who uses SEGS?

baccaruda

I've never submitted coins before mainly because I refuse to pay $20+ to have a coin graded. They are advertising a $5.50 per coin special in CoinAge magazine. I've never seen a price that low - not even ACG. I dig their holder too.

How is their service?

wingedliberty

SEGS is garbage.


Brian.

mdwoods

I think SEGS does a good job on old copper. They will grade it and list any problems on the label. I don't think they
approach net grading quite the same as ANACS, but I know at least one copper guy who likes them very well for his
large and half cents. And he is a long time collector of coppers. mdwoods.

keets

they seem to grade Jefferson's accurately from the coins that i've seen. mint state only, though. i can't comment on proofs and have resigned myself to raw or PCGS slabbed proof Jefferson's unless the price and/or coin is just too sweet to pass.

al h.

Woodwind

What about Jefferson Nickels? At all the Long Beach show I notice that the Full Step Jefferson Nickel Society out of Burbank, CA (I think that's the organization name; sorry if I got it wrong) uses SEGS.

baccaruda

interesting...

airplanenut

Want to scan the article so we can see?

baccaruda

sorry don't have a scanner right now - my home computer is toast!

kieferscoins

I know Braddick has used SEGS alot in the past. I don't really have a problem with them for the few circulated (F-XF) coins I have bought in their slabs. I like all the designations and extra info that they will put on the slab if it revelant. Small writing though which is kind of a drawback on the label.

Cameron Kiefer

sinin1

I saw an ad awhile ago for ACG 100 coin submission for $3.50 apiece - I would not want to send them 100 coins.

MacCoin

I use ICG when there are sales. I like the slabs. I don't have a problem with SEGS.

baccaruda

SEGS was started by former PCGS graders, correct?

NumisEd

Why not ask TexasBullionTraders? I remember them saying a few months ago that they had purchased SEGS. What ever happened to that?

BillJones

I have had a lot of trouble selling the SEGS product and a number of my contemporaries have voiced the same opinion. Even if a coin is nice, it’s hard to sell it in a SEGS holder

lathmach

<< <i>SEGS was started by former PCGS graders, correct? >>



No.
It was started by Larry Briggs.

Ray

NumisEd

SEGS has really missed the mark lately. I don't know what's going on. They were once fairly accurate, if you consider their notes (cleaned, damaged, etc.) in addition to the technical grade. I think that SEGS is more capable than ANY grading service at recognizing counterfeits. Larry Briggs is a smart dude. I speculate that financial issues has caused them to be a bit looser on grades so that they will get more submissions. That's a fatal mistake.

nwcs

From what I understand, Larry Briggs is an excellent counterfeit detector and attributor. But his extra curricular activities get in the way of the grading service.

kieferscoins

What is his extra curricular activities? I know alot of coin dealers like to golf.

Cameron Kiefer

Singapore

If you 'really dig the holder' thats great, but don't expect the SEGS grade to have any meaning in the marketplace. Most dealers / collectors would consider a coin in a SEGS holder to be one that either flunked, BB'd or otherwise didn't end up in a more reputable services plastic holder.

I note that JJ Teaparty in Boston seems to offer SEGS coins fairly frequently - at least they used to - which is not intended as a slight at JJ as they must obviously know something that I don't.

nwcs

Well, it's not appropriate for me to mention those activities as I heard them second hand.

crito

I bought a nice SEGS MS63 Morgan yesterday, as a matter of fact:


Same seller had a similar date/mintmark in PCGS MS63:


Pretty obvious to me which one is the overdipped/overgraded piece of junk. Granted the pics are fuzzy, but they were taken under the same lighting conditions... minutes apart, actually. A poor unsuspecting newbie paid 50% more than me for PCGS plastic. That's what he gets for listening to the boolshiat on the CU message boards I gotta go get a copy of the latest CoinAge! Cya (wouldn't wanna be ya )

DCAMFranklin

What ever happened to talk of SEGS being sold to TBT and group?

baccaruda

i'm not implying that i'd base my decision on the holder, but i'd rather keep me coins raw than put them in an NGC or ANACS slab since, well, i like to actually SEE them.

thanks for the input guys.

shylock

Two experiences I had a while back, good & bad, with SEGS IHs: 1) An 1880 MS66RD bodybagged at PCGS & then net graded 60RD at ANACS (re-colored). I sold it in the ANACS holder and it re-appeared on Ebay half a year later in an SEGS 65RD slab. 2) An 1866 MS64RB that I eventually sold and turned up one year later as an NGC 66RB in a Heritage auction, selling for almost 3Xs my buy/sell price. They tend to overgrade the series overall and you really have to be careful with color, but some nice IHs can be found at great prices.

braddick

SEGS doesn't carry the stigma of a "Bad, bad grading company" that ACG and NTC does.

SEGS will grade the fun stuff- like tokens and rainbow toned silver rounds that others snub their noses at (even including PCI! I had a grouping of 15 "coins" returned from PCI around Christmas with the notation they won't be grading Gallery Mint and reproductions and other misc. stuff anymore).

SEGS holders look good and are stable. The inserts offer lots of information.
SEGS is fun. I always get a kick when one of their submissions is returned to me.

SEGS doesn't take themselves too seriously, and neither do I.

sadysta1

I love SEGS too, actually I have most of the coins I bought in Baltimore with SEGS right now. Never had a problem, and thy do not take too long.

All my seated halves get attributed for free

I know that many of you keep saying ANACS, ANACS but I simply cannot stand "net" grading, and I prefer SEGS holder over ANACS holder any day

Coulport

SEGS?
What's that?

Dabigkahuna

I have a few very nice coins in SEGS slabs. If anything, I think they are very strict on their grading but I haven't used them lately because of the Registry. One of the nicer holders also.


Larry
Dabigkahuna