SEGS

bengals · June 4, 2003 12:38PM

do you guys have any segs graded coins? i know they did pretty good on the coin world test, but i'm curious what you guys think of them?

jbsteven · June 4, 2003 12:45PM

their grades and yours should be pretty close.

wingedliberty · June 4, 2003 12:46PM

Excellent holder, terrible grading.

Brian.

Russ · June 4, 2003 12:47PM

I have several. One of them is accurately graded, the others overgraded. Fabulous holder, though.

Russ, NCNE

bengals · June 4, 2003 12:48PM

jb, maybe so. but how many do you have or looked at? do you have any idea who are some of the graders working for segs?

bengals · June 4, 2003 12:49PM

russ, could you be more specific?

jbsteven · June 4, 2003 12:51PM

I looked at over 500 segs holders last week at long beach and can say I cracked the couple coins I bought in the segs holder as soon as I bought them.

the advertised that they will not bodybag any coin and NO NET grading which means if it has a problem they will not drop the grade down and not list the problem on the holder. buyer beware of SEGS holders until the clean up their act.

bengals · June 4, 2003 12:52PM

i just checked their web site and i think brian greer is the guy that graded the seated type coins
http://www.segsgrading.com/greer.html

he is the "author to The Complete Guide to Liberty Seated Half-Dimes, The Complete Guide to Liberty Seated Quarters, and The Complete Guide to Liberty Seated Half-Dollars"

if this guy can't grade the liberty seated coins then who does?

bengals · June 4, 2003 12:56PM

jb, what segs coins did you buy? why did you cracked them out? were they undergraded?

wingedliberty · June 4, 2003 12:57PM

Larry Briggs is the owner and finalizer on all SEGS coins. He is a numismatic genious and authority of seated quarters and most other 19th century series. His grading leaves alot to be desired though.

Brian.

Russ · June 4, 2003 12:58PM

<< he is the "author to The Complete Guide to Liberty Seated Half-Dimes >>

Alan Hager also wrote a book or two.

Russ, NCNE

darktone · June 4, 2003 1:03PM

I don't know Larry Briggs personally but I think he is one of the better graders that I have seen. I have asked him for opinions on coins at shows many times and he has been right on the money every time with only looking at the coin for a split second. mike

bengals · June 4, 2003 1:05PM

what denomination do they grade more accurately?

bengals · June 4, 2003 1:06PM

darktone, do you own any segs graded coins?

darktone · June 4, 2003 1:09PM

bengals, I think I got a couple yet but I have owned several in the past. mike

Shamika · June 4, 2003 1:14PM

I agree with darktone. I've purchased two raw coins from Larry via eBay several years ago (didn't know who he was at the time) and to my surprize both coins were graded very well.

SEGS, on the otherhand, is a different story.

And as far as that CoinWorld article, that "study" left a lot to be desired. Don't put too much stock in it.

bengals · June 4, 2003 1:15PM

>>
their grades and yours should be pretty close.
<<
btw jb, maybe i suck at grading coins but you dude should take a lesson (or, two) at pricing coins. you are asking $450 for a 50 dollar coin. no offense, but from now on i'll take your comments with a grain of salt.

another sherbet melange

bengals · June 4, 2003 1:20PM

shamika, is larry still selling coins on e-bay? do you know his e-bay handle? does larry have an account here?

jbsteven · June 4, 2003 9:49PM

bengals

you obviously don't know how to price toned Morgans. I am a dealer and setup at national shows selling toned coins, what are your credentials in toned coins?

Tell you what, if you find those coins for $50 a coin please buy them and I will pay for $100 for each one! deal

Tell me what you think of this toned coin of mine

ms68 monster toned morgan

dorkkarl · June 4, 2003 9:50PM

their grading doesn't matter much to me. but their holder blows away the competition. none of the other plastic co's even comes close technically to the superior quality of the segs holder. try cracking them out!

K S

sadysta1 · June 4, 2003 10:28PM

SEGS is simply fantastic with the seated type, they will add varieties or correcttly attibute the coins for you. I strongly caution with sending any modern stuff in. They seem to overgrade modern coins [20th century coins] (maybe that's why they had some problems in the survey), but for old silver they are great. I will always pick SEGS above ANACS because they do not net grade their coins. Holdered problems coins have a star (*) symbol on the holder.

bengals · June 4, 2003 11:15PM

sadysta, this is exactly the kind of information i was looking for. thanks for the warning on modern coins, but since i don't buy any i should be ok in that department. i plan on buying few seated type coins and maybe few morgans.

Conder101 · June 4, 2003 11:17PM

<< i just checked their web site and i think brian greer is the guy that graded the seated type coins
http://www.segsgrading.com/greer.html

he is the "author to The Complete Guide to Liberty Seated Half-Dimes, The Complete Guide to Liberty Seated Quarters, and The Complete Guide to Liberty Seated Half-Dollars" >>

That may come as a surprise to Al Blythe (author of the half dime book), Larry Briggs (author of the quarter book) and Wiley and Buggart (authors of the half dollar book). If I remember correctly Greer is the dime specialist, (I could be wrong he may be a half dollar specialist)

Barry · June 4, 2003 11:22PM

Greer is the dime specialist. I've bought from him and never been disappointed.

bengals · June 4, 2003 11:27PM

jb, i "obviously" don't know how to price toned morgans? and you do? ha,ha,ha you are a funny guy.

toyonakataro · June 4, 2003 11:31PM

sadysta1
According to my limited experience, they also overgrade 19th centry coins.
I had 5 coins graded by SEGS and tried to cross them to NGC(didn't crack out) and asked a dealer to prescreen them.

18xx(I forgot) seated half doller MS64 bySEGS was rejected by a dealer due to cleaning....sold for AU money.
1860-O seated doller MS61 by SEGS crossed at 60
1847 seated doller MS62 by SEGS DNC for slight wear.
1837 bust half MS62 by SEGS crossed at 61
1829 bust dime MS62 by SEGS DNC for "too much wear"

Results may be biased because I didn't crack out the coin before submitting to NGC, but I stopped buying anything in their holder since then.

Tonekiller · June 4, 2003 11:35PM

<< jb, i "obviously" don't know how to price toned morgans? and you do? ha,ha,ha you are a funny guy. >>

Toned prices are based on color then holder then grade. That the sorry but plan truth. JB's prices are what the market pays.

TBT

jbsteven · June 4, 2003 11:36PM

bengals

what do you speacialize in? do you know how to buy those at proper levels? Yes, i know how to buy and sell toned coins. Stick to what you know as I do.

I remember you coming onto the boards a few weeks ago and telling us that PCGS undergraded most of your coins by 1 full point, am I correct? At the beginning of this thread I said for you to send your coins to Segs for them to grade because in MY opinion they overgrade by at least a point compared to PCGS. It seems like you would get the grades you want if you send to SEGS.

wallstreetman · June 5, 2003 12:00AM

jb, someone will really give you $750 for that 86 Eagle, or is that a pipe dream?

jbsteven · June 5, 2003 12:03AM

WALLSTREET

There were 3 of them at Long Beach for over $1000 each.

bengals · June 5, 2003 12:05AM

pcgs DID undergrade "some" not most of my coins. imo, that is because i used the economy service, and i also think that should never happen. most of the coins i sent in were toned morgans purchased at a reasonable price. i do understand that toned coins bring in a premium, but a $400 premium on a $50 coin is not a premium...it is something else.

wallstreetman · June 5, 2003 12:08AM

Did you actually see someone pay a $1000 for one?

jbsteven · June 5, 2003 12:09AM

Pcgs grades coins and not by the level of service you select.

I stand corrected on the "some" part

jbsteven · June 5, 2003 12:10AM

yes the person who bought it in the first place. I know of a dealer that had 3-4 of these and he does not have them anymore

Tonekiller · June 5, 2003 12:18AM

We sold 6 SAE's in NGC and PCGS holders that graded MS68 "star" to MS69. All had Monster colors and sold from $450 to $800 each. It depends on the color and the look of the coin. Think of artwork.......one of a kind color!

TBT

Russ · June 5, 2003 1:19AM

<< I remember you coming onto the boards a few weeks ago and telling us that PCGS undergraded most of your coins by 1 full point >>

JB,

That was his very first post to this forum, yelling and screaming that PCGS sucks and is as bad as ACG. Turns out that on a 39 coin submission, a whopping four coins were one point lower than he wanted.

Russ, NCNE

jbsteven · June 5, 2003 1:21AM

Ahh I stand corrected again. Seems like a big fuss over 4 coins.

bengals · June 5, 2003 11:03AM

jb, you'll never guess how much i paid for this silver eagle. btw, this is a very bad picture taken with a scanner...it looks much better if you tilt it.

bengals · June 5, 2003 11:08AM

>>
That was his very first post to this forum, yelling and screaming that PCGS sucks and is as bad as ACG. Turns out that on a 39 coin submission, a whopping four coins were one point lower than he wanted
<<

i really don't think that this is what i said.... but on any rate, what i meant to say is that undergrading is just as bad as overgrading

jbsteven · June 5, 2003 11:09AM

about $25

I have a few of those that I bought at that price.

bengals · June 5, 2003 11:11AM

no $15.

are the ones you've purchased for $25 up for sale?

lordmarcovan · June 5, 2003 11:12AM

I had an 1859 quarter in a SEGS holder once, with a pedigree from "Larry Briggs Private Seated Collection". It was a decent coin and not too heinously overgraded.

Their grading gets little or no respect in the marketplace, and they have a propensity toward strange notations on the labels (saw one that said "Damaged by FedEx", once), but they do have excellent capsules and their customer service is pretty good.

jbsteven · June 5, 2003 11:18AM

the ones I purchased for around $25 have already sold except for one. it is mine.

what do you collect?

bengals · June 5, 2003 11:26AM

mostly toned morgans but currently i really like the seated type coins, i only buy unc coins and i'm not too crazy about proof coins

Russ · June 5, 2003 11:38AM

<< i really don't think that this is what i said.... >>

Bengals,

Direct from your brain via your keyboard:

<< one thing for sure, i will NEVER submit another coin to pcgs.... imo, they are just as worst as acg...nothing but a bunch of charlatans >>

Posted in your auspicious debut at this forum.

Russ, NCNE

aeast236 · June 5, 2003 11:51AM

Bengals,
I saw the SAE that you scanned, looks like a nice coin. Could you scan some of the morgans that you collect? I would be interested in seeing some of them.
-Aaron

jbsteven · June 5, 2003 12:09PM

do you like this?

morganbarber · June 5, 2003 12:11PM

One of the first questions I posted on this forum was about the SEGS DMPL attribution for Morgans. Although we all know that a scan or picture on the computer is no wasy to evaluate coins, I see scores of SEGS DMPLs which don't even look PL to me.

bengals · June 5, 2003 9:52PM

Aaron, my scanner will not do justice to my coins. i gave my cyber-shot to my sister (since i don't sell coins) and i need to buy another one... soon as i do that i'll post some pics

russ, once again, what i meant to say is undergrading is just as bad as overgrading. and if pcgs does that on purpose they are nothing but a bunch of charlatans. recently, i purchased an 1883-cc morgan graded by pcgs ms65 which is a solid MS63. so i don't know what to think anymore...

jb, that is a beautiful coin ... i'll check it out later

IrishMike · June 5, 2003 10:48PM

Segs does not overgrade every coin. This goes back to what has been said on here many times. Look at the coin, forget what holder it is in. Judge the coin without the plastic. I have two SEGS coins, a DMPL 98-0 Morgan that graded 63 at SEGS. I posted it here and the lowest grade attributed to it was a 64 DMPL and most thought 65. I also own a 1909 IHC brown graded 63. Its a beautiful coin and would grade a 64 at either PCGS or NGC on a bad day.

I had to learn the hard way that you can purchase dogs in any company's holder if you don't see the coin. Unfortunately there is so much dipping going on that the grade established at the time of its encapsulation sometimes bears no resemblence to its true grade.

bengals · June 6, 2003 1:09AM

jb, has this coin ever been cleaned? did the anacs grader agree with you on the MS62 grade? if i buy it and send it to pcgs for grading and it comes back UNC, cleaned, or in a bag would you give me a full refund?

SEGS

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