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1877 Indian Head Segs Graded - Help!

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 Posted 03/11/2024  05:16 am  Show Profile   Bookmark this reply Add MisterT to your friends list
The cert # checks out but I find it curious that segs would assign a numerical grade to a details coin. Looks like it was just recently slabbed in 2022. Personally, I am not a fan.
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 Posted 03/11/2024  05:46 am  Show Profile   Bookmark this reply Add MisterT to your friends list
Here is a link to segs with info on the certification if you just enter the last 8 digits of the code (45212396). The claim that it was graded "Many Years Ago" is bogus at best.
https://www.segsgrading.com/Product...nLookup.aspx
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United States
202 Posts
 Posted 03/11/2024  08:18 am  Show Profile   Bookmark this reply Add apcol258 to your friends list
If it were me I would either keep it in the SEGS holder or crack it out and put it in an album. Not much point in sending in to another TPG to tell you what you already know, which is that it's a genuine XF-AU or so coin with environmental damage.

Edited to add:
Not to mention, NGC or PCGS could return the coin as authenticity unverifiable due to the corrosion.
Edited by apcol258
03/11/2024 08:25 am
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 Posted 03/11/2024  08:29 am  Show Profile   Bookmark this reply Add paralyse to your friends list
Keep it in the holder. SEGS is not a terrible no-name basement slabber. Of course, they're not a top tier TPG by any means, but their holders are good quality and will protect the coin. I have a few SEGS coins that have held up very well.

PCGS or NGC would likely put this at AU Details - Environmental Damage.

Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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 Posted 03/11/2024  08:36 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
I'll say EF details (ED).
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 Posted 03/11/2024  10:07 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
Wrap it in paper towels, stand it on the edge and give a couple good whacks with a hammer. Takes 10 seconds.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Edited by 52Raymo
03/11/2024 3:40 pm
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 Posted 03/11/2024  1:49 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list
I agree with Frog, EF details, ED and cleaned. Chances are you would have been better off spending the same amount of money on a much lower grade that does not have major issues.
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 Posted 03/11/2024  4:19 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Wrap it in paper towels, stand it on the edge and give a couple good whacks with a hammer. Takes 10 seconds.
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 Posted 03/12/2024  3:59 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list
IMHO, SEGS holders were and remain the best in the business. To my experience, the slab's surfaces are more durable and less prone to get scratched in handling than either PCGS, NGC or ANACS. Also, I love the "top read" aspect.

Personally, I'd keep this coin in the SEGS holder. You'll likely get a much lower details grade if you switch it out; probably a VF details. Why pay the fees and wait months on a coin that's worth maybe $600 or so? You know it's genuine, and that's what's most needed here. Furthermore, if you decide to sell it at some point, Larry Briggs is a top buyer (a top shelf guy, too), and he's to be found at many shows.

Good 1877's are selling for $400 up. This coin boasts a FULL, SHARP LIBERTY. Slabbed with ED, as it is, I'd sooner own this certified one than an unslabbed one, graded good.
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 Posted 03/12/2024  4:37 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
I'd trade this for a nice chocolate G-06 any day.
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 Posted 03/12/2024  7:00 pm  Show Profile   Bookmark this reply Add RedRaider to your friends list
With that porosity, NGC and PCGS would likely label it as AU or XF detail. I can't see any way they put an UNC detail on it. Sorry to be harsh, but that is what I see. All the detail is obscured by the environmental damage. Definitely genuine though!
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 Posted 03/12/2024  7:14 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
If SEGS had decent graders on staff they would have been able to give the other TPG's a bit of competition, but their slabs tend to be much better quality than their graders are (numismatic expertise does not always translate into grading skill!)

As an aside, I believe SEGS was either the first or second TPG to come up with the Details designation on holders, instead of using net numerical grading. ANACS might have beat them to it, though I don't remember.
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 Posted 03/13/2024  10:29 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I'd trade this for a nice chocolate G-06 any day.
I am with The Frog on this one, except I bought an even less expensive AG03 for my IHC set.
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 Posted 03/14/2024  1:28 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Regardless of which of the 4 you send it to, what the others said holds true. At best it pulls an AU details heavy corrosion. I honestly would have passed on this coin. I have a G-4 and would take that all day every day over this one. But regardless, its not worth the time effort or money to send it anywhere else IMO.
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 Posted 03/19/2024  7:04 pm  Show Profile   Bookmark this reply Add rum_n_cola to your friends list
Thank you all for your replies. I got a good deal on it. On ebay specimens in conditions with date barely visible and lots of issues sell for $300 or more. I got this coin for $600 as a filler for my collection. Will likely trade it in the future ti the right buyer. Again, thanks for your input.
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