Anyone submit to SEGS lately?
jamesfsm
Posts: 652 ✭✭
I have some "odds and ends" and stuff PCGS doesn't slab that I want to get slabbed. Has anybody had recent SEGS experience? Can you detail your recent dealings with SEGS?
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Comments
(Seriously, though, I submitted to SEGS in 1999 and 2000, and was pretty pleased with the results, and their customer service. But their reputation has taken a beating and you might consider ANACS for the stuff you mentioned. SEGS does have nice holders, though. For submissions, I would choose 'em over PCI, but that ain't saying a whole lot.)
Jamesfsm what specifically are the coins? And what is your reason for slabbing them? (to keep or to sell) If you want to sell them, make sure that they are more marketable in SEGS "product" than raw, for example if authenticity is an issue, or if it is a variety that you want attributed. For quarter sized coins and smaller, ANACS is almost always the better choice, but for halves and dollars I kind of like a larger holder.
FWIW, I understand that almost all of the TPGs have pretty good customer service and turnaround, but some are slower, less responsive, and more expensive than others. some are also perceived as "the best" and other the "also rans"
Liberty: Parent of Science & Industry
Personally, I have given up on SEGS. I won't bid on SEGS coins on eBay anymore.
a package of 3 is like $5 or $6.
then you can write what ever you want on the tags
or do you want to pay for some one else's opinion?
Liberty: Parent of Science & Industry
Anacs would be a good choice for the items you mentioned, and I believe NGC will grade "so-called" dollars. I could be mistaken though.
I figured Segs would be out of business by now.
LSCC#1864
Ebay Stuff
To sum it up.
1. The best holder in the industry as far as I am concerned.
2. Exceedingly poor market acceptability due to gross overgrading and grading of extreme problem coins.
3. Poor customer services would be an understatement. Zero customer service would be accurate.
4. Why do you think they are offering such low submission rates?, Very few people are submitting.
<< <i>I have, and still do, slab with SEGS. I find them easily the equal of ANACS, with better attribution, a much better product, and superior customer service. As far as "marketability, " it seems there is a huge bias against anyone except the "big two." If a coin is graded correctly, it should stand on it's own regardless of whose holder it's in. >>
Perhaps the coins should speak for themselves but in the reality of the marketplace they don't. Right now PCGS and NGC are the only holders that are accepted by nearly everyone. ANACS is accepted by some. All others are very difficult sells even if the coins are correctly graded.
segs deff for full step nickels and Ill buy any segs nickels anyone wants ta sell me.
Go BIG or GO HOME. ©Bill
Mark
I've sent them Potty dollars, rainbow toned silver rounds, Gallery Mint reproduction errors and the such and have had success.
Each and every time it takes SEGS close to 30 days, from start to finish, to get and grade and then mail your coins.
I've spoken with Larry Briggs on the phone when I called the number printed on the back of the slab insert. He was friendly and offered wonderful advice.
My only "bummer" was when I sent them some of those Shrunken Coins (a Kennedy; Morgan; Peace dollar, and an American Silver Eagle). SEGS would not holder them but did write me a wonderful, detailed letter as to why they would not.
My disapointment with them comes in the form of some of the stuff I saw at Long Beach. Purple SBA's. BLUE Kennedies. You get the idea.
peacockcoins
If I would buy a coin that was "body bagged" by either of the "two" top graders in the business I would place it in a 2X2 and sell it with the appropriate problems noted, and "eat" my losses.
But on the other hand if it is a RARE coin, and you want to keep it for your collection for its aesthetics, or rarity, then that would be okay, just as long as it was properly graded by one of the "second" rate services, and identified with its problems
A good rule of thumb is to "read the books, before you buy the coins" and hopefully you will retain the knowledge.... But this is just my humble opinion!
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
as far as their grading, i'll put it this way, if your not 1 of larry's "special" dealers, ie. they don't owe you any favors, i'd say go for it, the grades will be pretty unbiased.
K S
Check out some of my 1794 Large Cents on www.coingallery.org
Check out some of my 1794 Large Cents on www.coingallery.org
PCGS I can respect. NGC, however, sucks-I've seen more overgraded coins in their slabs than I can count.
They've built a reputation on being the second major service in the game, and from heavy dealer support
from those dealers that know they will get a "break" on a coin if they submit enough.
I still think SEGS does a commedable job of grading-no better or worse than the other 2nd or 3rd tier services-but, admittedly, they DO suffer from a bad reputation. Why this is I'm not sure-I know Larry can be rather irascible at times.
Of course, everybody else is "Second or Third tier." Maybe sight unseen-but even in spite of the expertise of the slabbing companies, anyone spending big bucks for coins had better be able to grade for themselves. At any rate, the "Big Two" are firmly ensconced in their positions. I can think of only two services that could have dislodged NGC-Hallmark, if only they would have lasted long enough, and possibly ICG if not for the bogus spate of PR70 crap they graded when they started up. (Not to mention the "Burnished" Sac dollar scam.)
(I bought the coins, not the plastic)
I don't do the slabbing thing, but if I did, I'd go with SEGS.
The reason? They'd get the varieties right. No nonsense about it.
Larry wrote the book on the Seated Quarters, (my speciality), and Bob and Cindy Grellman do the grading and attribution of the early copper.
Ray
Seems like the general consensus here is that the only two slabbing companies that are worth considering are PCGS and NGC, with an occasional "bravo" for ANACS. My opinion-for what it's worth-ANACS, ICG, and SEGS are all better than NGC-which is a vastly over-rated outfit that, because of massive dealer support (not to mention "Coin Vault) and longevity somehow manages to maintain their #2 rating with the general Numimatic community. Wake up, people!
Buy some CoinWorld holders and save the slabbing fee.
Edit: Just noticed the teeth match my icon!
Superior holders, top edge label reading, 4-quarter step count grading, and accurate variety attributions. They place the PUP (pick up point) on the holder also. Another neat feature I like about SEGS is if I submit a DDR I like to have that side of the coin towards the front of the holder, I simply ask, and that's the way it is placed in the holder. I can't speak for other denominations, as the Jeff series is all I collect, but I have any ANACS Jeffs I obtain crossed to SEGS with good results.
Regards, JT
J. Taylor
CONECA Member
FSNC Member