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ldarrellcSenior Member
Posts: 510 Joined: 05 Oct 2006
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Posted: Mon Apr 28, 2008 10:09 pm |
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does anyone know anything about the segs grading service are they reputable?
_________________ Remember All My coins I show and display are for sale or trade. Just PM me or email me. TY
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coppercoinsSite Admin
Posts: 2809 Joined: 29 Jun 2003 Location: Springfield, Missouri.
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Posted: Sat May 03, 2008 10:21 pm |
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Reputable, maybe - as far as getting the coins back, etc. They aren't crooks.
But would you be any better in the marketplace with a SEGS slabbed coin than the same coin unslabbed? no. They have little to no credibility in the marketplace.
_________________ C. D. Daughtrey
owner, developer
www.coppercoins.com
cd@coppercoins.com
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GarryNExpert Member
Posts: 1296 Joined: 09 Jul 2003 Location: Chicago
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Posted: Fri May 09, 2008 9:12 am |
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I have a couple SEGS coins. SEGS has or had a signature series holder. Similar to what Chuck is doing with PCI, they have a particular coin guru sign off on a holder. Apparently the purpose is not to validate the grade of the coin. I purchased a silver dollar from a website called VAMlink, which was the precursor to Vamquest.com. The coin is in a signature series SEGS holder signed by silver dollar researcher Jeff Oxman, that was graded EF45. The description of the coin said "Would be considered AU to some". No photo. The coin was particularly important to me so I did not hesitate to buy it. It had an odd look to it so I took the coin to two dealers later and both told me that the coin had been "overdipped". What really bugged me about the experience was that Jeff Oxman was associated with VAMlink. So that is my SEGS story. I later bought a more accurately graded EF45 coin in an NGC holder from Michael Fey. I still have both. The silver dollar, by the way is the 1878 VAM 9, the first die combination used to make Morgan Dollars.
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Fri May 09, 2008 2:08 pm |
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I don't value their grades or attributions for Lincolns, I look at the coin and decide ignoring what their holder says. They might be better in some other serries or so I've heard.
They do make a strong solid holder.
If you ever crack one out it's amazing, hit em with a hammer and the holder bounces and hits you on the head but is still sealed.
They're much tougher than other slabs that easily pop open.
_________________ Ed
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Bob PSite Admin
Posts: 3482 Joined: 01 Jul 2003 Location: Niceville, Florida
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Posted: Fri May 09, 2008 5:59 pm |
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coopExpert Member
Posts: 3402 Joined: 17 Sep 2003 Location: Arizona
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Posted: Sat May 10, 2008 2:44 pm |
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Maybe you should try a 10# sledge on a side walk to open them. I bet that should do it. LOL
_________________ Richard S. Cooper
You may be only one person in the world, but you may also be the world to one person.
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DickExpert Member
Posts: 5780 Joined: 21 Sep 2006 Location: Rialto, CA.
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Posted: Mon May 12, 2008 12:12 am |
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ED, I would suggest putting it in a big, strong vise, and taking a chain-saw to it' I'll bet it will open real easy!
Dickl
_________________ " Deja Moo: The feeling that you've heard this bull before".
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KurtSSenior Member
Posts: 875 Joined: 15 Feb 2008
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Posted: Mon May 12, 2008 11:31 am |
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That sounds stronger than the average "basement slabber", where I'll take a vise grips, crush the corners of the holder and carefully pry open the case with a screwdriver.
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murphySenior Member
Posts: 573 Joined: 02 Sep 2004 Location: New Albany, Indiana USA
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Posted: Mon May 12, 2008 4:04 pm |
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Clamp the bottom edge in a vise and use a hack saw to cut off the top edge. Then insert the sharp edge of a claw hammer into the slot and pry it open like a clam.
_________________ ~ Murph ~
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