This Is Why I Don't Like or Trust SEGS....

dragon

Absolutely no offense intended towards this seller, I've bought from them before and have no issues at all with them, but look at Ebay Item # 3024903472

hmmm...maybe it's just a poor pic


dragon

islemangu

Link for above

braddick

Dragon- I consider you one of the foremost experts on Morgan dollars. What is it you're seeing regarding this one that is troublesome to you? Is it the color?
The photos aren't very good, even when enlarged, but the coin sure looks GEM to me.

kieferscoins

TTT. I would like to know the reason also, so I can learn.

Cameron Kiefer

dragon

Cameron and braddick,

I'm nearly 99% positive I've seen that piece in person before. If in fact it's the piece I'm thinking of, it looked completely AT'd to me for the brief glance I gave it, and the toning did not look at all natural.

It is highly unusual to see very dark and deep toning around the periphery of a coin with bright (just dipped looking) centers without even a hint of patina and the dark colors also ending so abruptly. Again, I'm not 100% sure it's the same coin, but I think it really is and I have a pretty good memory for toned coins. In any case, I have done business with this dealer in the past in person, and they were nice people.

dragon

cointagious

looks ok to me, and dragon's explanation not withstanding, that 'look' can be easily explained.

lava

I agree with Dragon, this coin's appearance is like no other I have ever seen. Is it possible that only one morgan dollar looks like this due purely to natural circumstances? If it looks too good to be true, it probably is. If it was such a primo coin, who in their right mind would send it to SEGS as opposed to PCGS or NGC? The slab choice alone cost the owner hundreds of dollars. Of course, it very well may have been submitted to PCGS and they bagged it, or the owner knows enough not to waste the money on submitting an AT coin to PCGS or NGC.

ARCO

Why sell a coin with a microscopic scan. Is it laziness, stupidity, dishonesty? Can't figure that one out?

Tyler

Baley

the coin is what it is, and with the seller starting it at 1 with no reserve, we'll at least get to find out what the market thinks. as of this writing it's at $76 and at that price i'd buy it just for the novelty.

will it get to his estimate of $560. almost certainly not. Bet it goes above $200 though.

everyone knows its NEVER a pcgs or ngc 67. (or it would already be) question is: if SEGS gives it 67, could it be a PQ 65 or maybe even squeek into 66? hows that cheek?

paigowjohnny

I've seen one in an original Redfield holder that looks a lot like that one.

dorkkarl

the toning is not natural. when segs slaps "toned" on their slab, it is not meant to imply natural toning

i hate it.

K S

braddick

Ok, all explanations make sense... but this coin passed through SEGS scrutiny and even more importantly, that Dealer (I too trust him).

What we have, possibly (?) is a poor scan showing more 'white' and 'proof like' fields than may exist. I say that because SEGS is pretty loose with the PL designation and the fact this holder doesn't state it is yet the photo sure looks like the Morgan could be helps explain away the discrepancy.

zenny

<< <i>when segs slaps "toned" on their slab, it is not meant to imply natural toning

i hate it.

K S >>




are you saying it is meant to imply unnatural toning?

z

eagle7

I dont know anything about this coin. And the silly scan is absolutely no help. Since Dragon says he saw it in person I will trust his assesment of the coin. I do know something about SEGS grading though. Maybe it was an oversight but I bought an SEGS 1912 Ten Indian in MS63 once sight unseen which was a coin I graded no better than an AU55 due to extensive hairlining in the fields and some slight wear on the high points. The luster was disrupted in places as well. So I never bought any of their coins again. Nuff said.

islemangu

If the toned word on slab implies perhaps not natural as KS implied, maybe its something we should not hate. The system is working with it. Give the coin docs a marketable home for a different breed of future collectors that perhaps we can not see now ourselves. Go Segs..use the toned word and we all understand getting off the ethical horse.

K6AZ

Looks roll toned to me. I seriously doubt it is an honest 67, but I have seen several Morgans like that in PCGS and NGC slabs. Here is one I sold a while back, not toned as far in to the center as this one, but still dark around the periphery and blast white in the center:

1885-O PCGS MS64

20centman

No maybe to it, NOT, 67. Look at the hit on her forehead, look at her nose. I like the bullseyes toning but it's a 65+. Clean face and nice reverse. Reverses are usually better than the obverses.