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Any Reviews On Segs Grading Service

 
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Bedrock of the Community
United States
15920 Posts
 Posted 01/16/2017  10:30 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
You need to know how to grade to play with PCGS and NGC too. Unless you want to be part of the "whatever they say must be right" crowd.
Gary Schmidt
Valued Member
United States
356 Posts
 Posted 01/16/2017  11:35 pm  Show Profile   Check AES's eBay Listings Bookmark this reply Add AES to your friends list Get a Link to this Reply
SEGS isn't that bad at all. I've purchased several nice coins below market value in SEGS holders that graded as well or better with NGC or ANACS, which I use for my various 'keeper' collections. The plastic surrounding a coin when purchased doesn't matter too much. The only gripe I have with SEGS is that the plastic they use is almost indestructible when you start cracking.
Valued Member
United States
443 Posts
 Posted 11/15/2018  6:49 pm  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
I know I'm late to this topic but here's my input:

I have exactly one coin slabbed by SEGS and I think their grade is spot on. So one day I took the coin to a booth at a convention and got a decent offer on the coin (dealer checked it with a loop and agreed with the grade). The offer was fine but I decided to hold on to the coin at the time ... Fast forward two years and I took the same coin to a highly respected dealer in my town - he saw the slab and said "No, thanks." I said "But you didn't even look at the coin..." He just shook his head and said "No SEGS." I still have the coin.
Pillar of the Community
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United States
3311 Posts
 Posted 11/15/2018  10:04 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Even a blind squirrel occasionally finds a nut.
-----Burton
45 year / Life ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC
Owned by four cats and a wife of 35 years (joined 1983)
Pillar of the Community
United States
8714 Posts
 Posted 11/15/2018  10:12 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
I'd rate the TPGs this way -

First tier - PCGS and NGC
Second tier - ANACS and ICG
Third tier - SEGS and PCI
Most other grading services other than the 6 mentioned are basement slabbing companies. But a few like the original Hallmark grading service, and ANA grading service are legitimate.
Valued Member
United States
443 Posts
 Posted 11/15/2018  11:29 pm  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
I agree with your ranking on all counts.

Of course, counterfeit slabs are getting better every day so what's the next step? Laser-etching coins?
Pillar of the Community
United States
1249 Posts
 Posted 11/17/2018  8:03 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
Good luck trying to crack open a SEGS slab.
Bedrock of the Community
United States
15920 Posts
 Posted 11/19/2018  10:43 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I'd rate the TPGs this way -

First tier - PCGS and NGC
Second tier - ANACS and ICG
Third tier - SEGS and PCI
Most other grading services other than the 6 mentioned are basement slabbing companies.

For grading I would agree. For attribution and varieties I'd rank them

First tier SEGS and ANACS
Second tier ICG and PCI
Third tier PCGS and then NGC. NGC actually does a better job, but they won't guarantee their attributions and PCGS does.
Gary Schmidt
Edited by Conder101
11/19/2018 10:45 pm
Valued Member
United States
67 Posts
 Posted 11/23/2018  12:56 pm  Show Profile   Bookmark this reply Add afewmorecents to your friends list Get a Link to this Reply
I know Mr. Briggs. I don't know any of the SEGS graders. Anyone who says SEGS is a terrible grading service is TOTALLY uninformed. While they are not considered to be on the same level as the top four, they have a following and are a competent TPGS.

As a retired old dealer, I consider myself a pretty good coin grader. The truth is there are nice, correctly graded coins in SEGS holders and there are others. That is also the case with EACH OF THE TOP FOUR SERVICES.

If you know what you are doing, you'll be fine buying ANY slab. Would I give SEGS any business? NO, but only because my coins would be worth more in one of the top four slabs.
Valued Member
United States
67 Posts
 Posted 11/23/2018  1:00 pm  Show Profile   Bookmark this reply Add afewmorecents to your friends list Get a Link to this Reply
How do I quote a post as Conder just did please.
Bedrock of the Community
United States
18163 Posts
 Posted 11/23/2018  1:06 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
SEGS graded coins are probably no worse than some of the grades I see in PCGS and NGC holders.
Pillar of the Community
United States
769 Posts
 Posted 11/28/2018  12:19 pm  Show Profile   Bookmark this reply Add Fayette1800 to your friends list Get a Link to this Reply
I would rank them:
PCGS
NGC
ANACS
SEGS/ICG

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