Ever hear of this TPG?

Discussion in 'US Coins Forum' started by LA_Geezer, Jun 9, 2020.

  1. ddddd

    ddddd Member

    The one time I saw him at a show it was also an odd experience. He didn't seem to really care (it took forever to get his attention). When I finally showed him a SEGS graded coin I owned, he wasn't interested in buying it. He mumbled something about having another one like it and when I asked if he could show it (to compare) he just strolled away (saying it's somewhere but not really wanting to make an effort to find it).

    And I also recall seeing the problem slabs (but I didn't comment about them).
     
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  3. LA_Geezer

    LA_Geezer Well-Known Member

    Thanks, looking forward to that.
     
  4. LA_Geezer

    LA_Geezer Well-Known Member

    I think that one might have been even less than that, and had a make an offer option to it. It has a nice uncleaned look to it IMO. I'm so tired of buying coins—especially Morgans and Peace Dollars—that I have to return because they don't look like the photos the seller provides. I kind of like the grungy look of this one...it hints at being authentic in a way.
     
  5. Mike Thorne

    Mike Thorne Well-Known Member

    I agree completely. I sent PCGS 6 PCI green label coins: one went from 58 to 55, another from 58 to 62, and the rest received the same grades.
     
  6. Conder101

    Conder101 Numismatist

    Of the major services SEGS comes in at probably number 5. Their grading isn't trusted as well as the top 4, but they are probably just as good at authenticity as the top 4, and they are bettter at variety attribution than any of the top 5 with the possible exception of ANACS with VAM's. (Never trust a variety attribution from the top 4 without verifying it. They're error rate is much too high. But I don't think I've seen an incorrect attribution in a SEGS holder.)

    As mentioned the SEGS slab is the toughest slab to crack open. They use a softer plastic than other companies (And I will head this off right now soft plastic does NOT equal PVC. Too many people may the automatic assumption that soft plastic equals PVC.) The other companies use a hard brittle acrylic plastic. Drop them they can crack, chip, even sometimes break apart. The softer SEGS plastic absorbs impacts without breaking or cracking which makes it very difficult to crack a coin out. On the downside the soft plastic is more suseptible to scratches.

    And then the final advantage of SEGS is they are least expense of the top grading services.
     
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  7. TheFinn

    TheFinn Well-Known Member

    Best holder of all TPGs, and almost bulletproof.
     
  8. johnmilton

    johnmilton Well-Known Member

    This is good advice. I have seen PCGS blow it on naked eye Red Book varieties when the price difference was significant.
     
  9. CamaroDMD

    CamaroDMD [Insert Clever Title]

    Wow. Good to know.
     
  10. ArthurK11

    ArthurK11 Active Member

    I had one coin in an SEGS a couple years ago. From my research it seems like they're the top service after the well known ones. So about 5th would be accurate. When I took the coin to try and sell to coin shops the people there knew what it was and didn't treat it any differently than a slab from one of the Big 3 (or Big 4). However, when I took it to try and sell at pawn shops, the owners didn't recognize the slab and made fun of it. From my experience I think people knowledgeable in the business won't have much of a problem with the slab, if at all. People who aren't as knowledgeable might have a problem with it since it's not something they're use to.
     
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