This is true. I listed a coin for $6,000 in a SEGS holder on Bonanza instead. Ebay blows with their annoying interventions!
I don't own them nor do I buy them but as a competent numismatist I do know how to recognize them. I do still have contact with the owner of the holed and filled AU 1797 dollar. The next time I see him I'll ask him to bring it in and I will get some good pictures of it.
The coin is clearly deserving of a grade higher than XF45, which is why I bought it. It has a lot of luster and very little, if any wear - might have been dipped at some point, I'm not sure - it is pretty shiny. I'm not an expert, but I do see a lot of CC and other gold coins. I don't know of any reason why we would have to assume that the lower grade is the most valid. I figured it would grade AU, but of course I was very pleased with a 58. I was more concerned that it would get a details grade for cleaning. It's a classic case of buy the coin not the plastic - just a bit more extreme than usual I suppose. Somebody must have been having a bad day at ICG. Doug
I guess there are times it pays to crossover, your example is definitive proof. That sort of thing happens when people have bad days. People are human. They'll grade your coins low if feeling 8itchy.
So unless he posts pics for you to see you're not going to trust the man and believe him huh ? OK, as you wish, but that would be a mistake on your part because he's telling the truth. By the way, here's a pic, do you believe it just because you saw it ? Well, trust me, you shouldn't be believing that pic. But you can trust Matt's word.
It is a fact that SEGS does not have a comparable reputation in the marketplace to either PCGS or NGC which are considered first tier TPG's. Furthermore, I don't think SEGS would even be considered second tier by most collectors or dealers and would have trouble competing with ANACS or ICG. Your support of SEGS in this post has only accomplished one thing. It has caused many of the people reading this thread to question your numismatic knowledge & credentials. So while you may believe that the grading standards employed by SEGS are comparable to that of NGC & PCGS, to blatantly ignore that everybody else in the numismatic world disagrees with you only serves to further trivialize your opinion. Btw, how long have you been a coin dealer? Do you specialize in any particular series or type?
No doubt that coin looks like a MS-60 to me with the scuffs. However this is a 1964-D, is this one of these fantasy issues or the real thing? If the real deal I'm surprised they slabbed it since it is "illegal" to own. Not that much the government does these days is legal or Constitutionally sound.
Other people agree with me that SEGS is best and I don't know this seller from Adam: www.ebay.com/itm/221367614706 I've been selling coins for longer than I can remember on and off but now I sell regularly. I specialize in nothing particular though I do sell mostly silver coinage. Nowadays early U.S. commemoratives, toned coins, tokens, sample slabs, defunct grading service slabs and foreign coins are what I mainly collect. By the way, I checked out your Long Island Tercentenary you have for sale, that's a great coin! I have a PCGS & CAC MS-65 slab of the same coin with the same colorful toning but mine shows red, purple, orange and yellow colors mostly. I paid $299 for mine. It's one of my nicest coins in my collection.
This was meant to be a joke. If you re-read the post that accompanied the picture, GD was trying to point out the fact that pictures can be doctored and not to believe everything you see on the internet.
Thank you for the kind words about my Long Island. I think that Larry is very good at grading Jefferson Nickels, but to say that his grading company is the best is just out of touch with reality. I am sure you have your reasons for preferring SEGS grading service and there is nothing wrong with that. Personally, I think the SEGS slabs are among the best in the world. They are virtually indestructible, stackable, scratch resistant, and provide mintages on the label which is cool. I just think you would be much better served by saying you prefer SEGS rather than saying SEGS is better than NGC & PCGS.
I actually have a few beautifully rainbow toned nickels from SEGS. One MS-60, MS-63 and MS-64. All very conservatively graded specimens, nonetheless they're no problem grades (in other words no details or that pesky * that nobody wants from SEGS). You're right that SEGS has the best slabs and descriptions. I'm paying a fee to do this so am getting my money's worth. Also PCGS and NGC have ugly looking slabs these days with the prongs. They need to go back to the way they used to encapsulate coins when the job was done better. In the old days I would agree with you that PCGS and NGC were better than SEGS, today however I think SEGS is just as good. They should be top tier already.