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 Replies: 20 / Views: 2,448 |
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Pillar of the Community
United States
3234 Posts |
If you're inferring that both coins, slabbed and raw, are hypothetically the same, then in most cases I'd opt for the slab. I would do so mainly because it's easier to resell especially to others that may not be so hot in grading. However, there are times I'd rather a raw coin so that I could put it in an album. I simply hate to crack a slab.
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Valued Member
United States
111 Posts |
I'm slightly more confidant buying a slabbed coin on-line as opposed to raw. But I've seen some real stinkers in slabs too.
I won't spend a lot of money on a coin unless I can see it in person.
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Pillar of the Community
United States
2365 Posts |
I personally enjoy raw coins for the history behind the coin as to where it's been but, I suppose the same thing could be said about slabbed coins as well. I will buy a slabbed coin for the coin if it is BU, rare or something that I really, really want and can't find it raw in the grade that I would like to have. I hope that makes sense.
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Valued Member
United States
177 Posts |
I personally don't like slabbed coins. I would rather puchase a raw coin. The only time I have purchased slabbed coins is because I could not find that coin in the raw state. The coins I have purchased in slabs have since been removed.
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Member
United States
3242 Posts |
I have found coins on ebay slabs cheap 1904 is PGCS ms-63 $53.00 w/shipping. I have all so found some nice raw coin as in the 1936 Walker,it was $5.95 w/shipping. If you look hard you can find nice raws & cheap slabs Image Insert: Image Insert: If you have the time you can do it,all you have to do is take your time and check out sell and dont buy in a bidding war!  |
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Pillar of the Community
Australia
3831 Posts |
Why bother with slabs when slabbing companies themselves put ridicious errors on slabs as well as sometimes not even able to identify if coins are genuine or not! You might as well be the expert yourself.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Valued Member
United States
235 Posts |
Coins are history. I see no point in collecting coins encased in plastic that cannot be touched. The hairsplitting grades of uncirculated and proof coins has turned a hobby into an investment venture. If an ebay seller sends in a coin in a ridiculous plastic slab (yes - I received a common 1892 quarter in good condition with a certificate of authenticity), I crack it open, take out the coin, and toss the slab out. |
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Valued Member
United States
256 Posts |
If the coin is a very expensive investment piece that is conterfeited often, then I would buy it slabbed for authentication purposes. The other time I buy or have coins slabbed is when I want a coin verified because of a variety, error, VAM, etc. Any other time I prefer to buy raw over slabbed. That's just me, I like to collect and display coins and not plastic boxes. |
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Pillar of the Community
United States
533 Posts |
I certainly feel more confident buying a slab from one of the better TPGs. I guess that the more value to the coin, the more I worry about my grading abilities. So, I get the opinion of a third party.
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Valued Member
United States
394 Posts |
I would like to post a hypothetical situation and see how our members respond... You purchase a MS-60 1921-D Walking Liberty half dollar in a slab...When you receive the slab, who is going to remove the coin from the slab to get it's feel, and any other vibrations that are brought to the collector from coins? Are you going to use gloves or bare hands to handle the coin? After you remove it, are you going to store it in a plastic capsule or some other method to enclose and protect the coin. If you do use some sort of outer protection, when you bring the coin out to give it some TLC and ogle it, are you going to remove it from the protective device in order to get "fingers on coin" or are you just going to look at it through the protective device? The answers will provide a lot of feedback to the "coin or the slab" controversy. There is no test on this, but the best answer is, to each his own. Point of interest, I like both raw and slab coins. Each serves a purpose. Berry |
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Valued Member
United States
256 Posts |
Berry, I would leave that coin in the slab for the reasons I stated above. Now if I were to have a common, less expensive coin and all I was looking for was good protection then I wouldn't consider slabbing but if I purchased a coin already certified chances are I would leave it in its coffin. There are too many other options that are just as protective, far less expensive and compliment the appearance of a coin SO much better than TPG slabs! |
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Pillar of the Community
United States
2269 Posts |
I prefer a raw coin over a slabbed if it is inexpensive. When it comes to an expensive coin, I prefer it to be slabbed. It prevents me from touching it and decreasing the value.
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New Member
United States
9 Posts |
Being a beginner in this world, I would lean toward a slabbed coin for the older coins if I bought it from person or persons unknown. That being said, our local coin shop (we only have one) has been here for over 50 years and the owner and his son were friends with my father and my brother, so I feel comfortable buying unslabbed from them.
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Pillar of the Community
United States
1247 Posts |
Berry the hypothetical situation you pose is the reason I won't buy slabs anymore. If I crack the coin out I lose proof of authenticity. If I have to leave a coin in the slab or lose proof of authenticity that makes it restricted property in my eyes which is not property at all. If I say "up theirs" and crack it out then what am I paying for? Shakedown fees, for the better coins? I too have a hypothetical situation to pose. Why doesn't the Priesthood sit down together in a room with their best graders and each TPG grade 100 of their own slabs with the numbers covered up. What are they afraid of? If one of them came close to re-grading most of their coins the same there would be a potential of capturing some if not most of the other TPGs market. That sounds like a pretty good incentive to me for the risk. The risk of which is not really there since in their eyes each believes they are the best. If they are the best they have nothing fear, nothing to lose and everything to gain. What keeps them from doing that? What keeps each and every one of them from even issuing a challenge to the others?  The whole thing IMO, is a "Paper Tiger." Edited by longnine009
01/19/2007 6:43 pm
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Moderator
 United States
23731 Posts |
If buying coins as an investment than slabbed is the way to go. I buy to study and to pass on my collection to my grand children so I prefer raw coins.
Ron
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Posted 01/18/2007 9:03 pm
