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 Replies: 23 / Views: 3,957 |
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Moderator
 United States
16679 Posts |
Best long term protection, authenticity.
^ That's why their grade doesn't matter...opinion. You and I have ours too.
swcoin.ecrater.com
Edited by vermontensium
04/20/2012 9:24 pm
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Rest in Peace
United States
10625 Posts |
Quote:
I'd love to see an ISO for grading. That's the funniest thing I've seen period.  |
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Bedrock of the Community
13014 Posts |
bigg brought up a good point that it doesn't always fetch a premium to be graded. just from browsing ebay a bit it seems that for the lower grades raw will fetch a premium as people hold out hope they strike that high grade coin from the raw as opposed to knowing its already a low grade. now if you hit that high grade and get it slabbed thats a different story |
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Bedrock of the Community
United States
10045 Posts |
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I'd love to see an ISO for grading. :-) I got that too |
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Bedrock of the Community
United States
10982 Posts |
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Looks like the big money goes to unslobbed coins, at several different levels. Who graded the raw ones? Where they XF pieces described as VF? Were shill bidders driving the price up? Imagine paying 20% to 30% more than the retail price of a certified coin. That's what shill bidders do and will again, and again, and again, and again. Viewed through an ebay microscope, any market can look screwy. |
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Pillar of the Community
United States
3540 Posts |
Believe there is a point about market price of the coin and how much a difference in CHA CHING there is up or down to the next grade.
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Pillar of the Community
United States
2734 Posts |
Edited by DNA
04/21/2012 10:34 am
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Valued Member
Australia
243 Posts |
Same as DNA, authentication for commonly counterfeited coins (I'll only buy slabbed trade dollars/seated liberty dollars for my 7070). Getting guidance with grading is another point, but ultimately I'll use my own judgement regarding grade.
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Rest in Peace
 United States
9104 Posts |
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Who graded the raw ones? Where they XF pieces described as VF? Sellers, and sellers tend to overgrade. |
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Pillar of the Community
United States
2734 Posts |
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sellers tend to overgrade. Especially with Morgans, raw coins are better deals in my local area than slabbed coins (assuming you, the buyer, know the basics of Morgan grading). More room to haggle.  |
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Bedrock of the Community
United States
10982 Posts |
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Especially with Morgans, raw coins are better deals in my local area than slabbed coins (assuming you, the buyer, know the basics of Morgan grading).
More room to haggle.
And that would be the point of this thread. Find raw coins cheaper, slab them, and sell at a profit. I've done it dozens of times as have thousands of others people. An ebay shill or bidiot "paying" twice what a coin is worth does not a point prove. |
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Valued Member
United States
140 Posts |
I grade for two reasons: -As a buyer/seller, I usually know the grade when I'm buying and when I do buy it I tell the seller that it's going to need to be sent in to be graded and that will cost roughly $30 which I deduct from my offer. That way I don't lose profit and I get a higher resell value. -As a collector, I think they look really nice inside of a plastic holder that titles the coin and gives it a grade. Also, the slab protects the coin exceptionally well. Quote:An ebay shill or bidiot "paying" twice what a coin is worth does not a point prove This is exactly why I hate ebay and coin collecting mixing. There are far too many idiots out there. It could honestly be a great thing for collectors and sellers, but the majority of the population doesn't know what they are doing and it ruins it for all of us. |
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Pillar of the Community
Australia
1360 Posts |
If I'm going to be purchasing a more valuable coin, then I tend to purchase slabbed ones. I often distrust my own skills when it comes to grading, so I feel more peace of mind if the grading has been done for me by a reputable TPG. |
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Pillar of the Community
United States
1554 Posts |
I have more than one customer who wont buy my Slabbed coins unless I crack them. Raw coins sell at a rate of at least 10 to 1 in my experience. I know of very few dealers that will pay a premium over Raw coins graded to ANA standards. I've never sent a coin to be graded and proud of it! |
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Bedrock of the Community
13014 Posts |
Quote:If I'm going to be purchasing a more valuable coin, then I tend to purchase slabbed ones. I often distrust my own skills when it comes to grading, so I feel more peace of mind if the grading has been done for me by a reputable TPG.  Ive mentioned before I like the look in the slabs, and sometimes do enjoy the fun of trying to get the perfect raw coin slabbed, but the more valuable coins I will only buy slabbed for the extra assurance. That said I will still want to find one that meets my expectations and not just buy what the slab says, but its nice to have the assurance and an easier ability to sell if the need were to arise |
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Posted 04/20/2012 9:54 pm
