Is "SEGS" a Trusted and Accurate Grading Company??? PLEASE HELP

What's the best company to get error coins graded? I.E Boardstrike. Just asking.

 

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NGC. It's cheaper than PCGS and still accurately graded and relatively fast.

 

No, not IMHO. The market also seems to treat their coins largely as raw.

 

Are we talking about moderns or high valued classic error coins? If the latter, I agree with PCGS/NGC. If the former, I recommend ANACS if you must slab them at all (and I would tend to go with Coin World slabs or mylar flips).

 

I was researching old basement slabbers like SEGS and I stumbled onto this thread. 13 years later, do you still feel the same way? The reason I ask is that from my limited experience, ANACs seems to be as stringent a technical grader as PCGS. I've seen some questionable coins in PCGS and NGC, and I see them on a regular basis. ANACs seems to grade strictly on technical perfection and not so much on eye appeal. I'm just curious as to if you still hold the same opinion years later. I honestly think ANACs has gone the other way and become stricter to repair their earlier reputation and might not grade as high as PCGS and NGC. That's just a question, I'm curious as to your observations. I'm fully aware the market still looks down on ANACs as little brother.

Oh, and I think SEGS is pretty much garbage. That wasn't the point of my post, just putting that out there.

 

I knew you would say that, and thanks for the reply. I guess my point would be that any of the 3 aren't better than the other. But there isn't any doubt that for marketing purposes that PCGS brings the higher premiums. CAC is attempting to offer more snob appeal to the process.

 

I've only ever submitted to a TPG once, with ANACS and all Canadian George VI, mostly silver. From that one data point I agree that they're stricter. Overall most of their grades were a point lower than I expected, and a point lower than what I think PCGS or NGC would give them (and I've looked at tons of examples). One got Details - Scratched and I feel like that one was a crapshoot; somebody else might have let it slide. All my half dollars got MS63 and at least two I feel should be 64. Etc. I paid for conservation and they did an amazing job. One very expensive SP coin (my avatar) had gotten Details - Cleaned from PCGS. PCGS missed that it was coated in lacquer. ANACS removed it and gave it SP62. That's a big jump in value. The head guy even called me and explained in detail what they intended to do and what the possible results would be, to get my approval. They don't deserve any bad rap from my experience. I think that's been perpetuated by fans of the big two.

 

Not sure if it will matter in my case, but I wonder where all of this will evolve in the next 20 years? Modern coins bore me due to the volume of them minted or unless they are struck from precious metals, but none of those are meant to be placed in circulation anyway. Old rare coins are just being swapped from one party to another, I don't think many more hoards are going to be discovered. Wonder what the grading standards going forward will be?

 

In the past, as I have posted with images, virtually any day, improper graded coins could be located for all.

Spoken by a continuous collector, working in a BM shop, attending shows since 1949.

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JMHO

 

It would be nice if there were a universal grading standard, as:
https://www.money.org/official-grading-standards/

 

Good Lord.....
Typical TPG and 4PG bashing without cause or street cred.

Who is it you earned your coin condition truth stripes from again, before you started your excellent and successful and trustworthy TPG entity?

Possibly JA or maybe MF, or LS or DD?

 

If you want to make sure that the coin is GENUNINE, SEGS and the other firms that were mentioned will get that right. If you want a coin where the grade is generally accepted by many in the industry, you need to go with "the big three." If you are buying something to crack out for an album, you might match the price with your perceived grade.

I've added the CAC slab to "the big three." As of now, some dealers are asking premium prices for the CAC slab.

 

From you, of course. I've learned if you throw enough opinions on the wall, a few of them will stick. Not many, but a couple .

 

What is the purpose of NGC (NGX) dumping the Sheldon grading scale and using a 1-10 scale? Just another gimmick adding to the confusion?

 

Thank you for agreeing with me.
Please give me a "Like", because "Likes" are very important.

 

No problem Sunshine.

 

Again, Thank you.

Keep those "Likes" coming.

I'm easy...and likeable and loveable and I know stuff, and I am a ray of sunshine.