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 Replies: 18 / Views: 3,036 |
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Pillar of the Community
United States
7123 Posts |
Im with you Ageka ,, I can see the use of a TPG for Authentication of certian coins,,but as a way of collecting ? I have never really been able to grasp the attraction . the plastic adds no value to the coin . Metalman |
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Valued Member
 France
285 Posts |
metalman, I'm agree with you, no necessary to add plastic for increase value of coin
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Pillar of the Community
 United States
2703 Posts |
 blasphemy! The coin adds no value to the plastic! |
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Bedrock of the Community
United States
14454 Posts |
hmm, there is only 11 graded PF70 by NGC ? either this was a very unpopular series or NGC just hasn't graded allot of them because usually NGC has in the thousands of "perfect" coins in the modern coins
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Valued Member
France
285 Posts |
they evaluated only 771 coins of which 11 in proof 70 but it remains 499,229 coins to be evaluated. Then only 11 coins proof 70 that wants nothing to say !
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Pillar of the Community
United States
2254 Posts |
quote:
the plastic adds no value to the coin
Metalman, agreed. But the plastic does add value to the resale. This has been proven time and time again. I am buying coins because I like to buy coins. I don't care if they're slabbed or not. Bottom line, if I ever want to sell, like give myself a retirement present when the time comes, the slabbed coins will be worth the most, like it or not. That is of course as long as the whole TPG market stays as it is. With the amount of slabs that are out there and how much they are relied upon, I doubt they'll go anywhere soon. I don't see buying slabs as not staying true to coin collecting per say. I see slabs as the investment part of the hobby. |
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Valued Member
United States
390 Posts |
I agree with Tights. If you are going to buy coins over the Internet, then you really take more chances with a raw coin, but if you know what you're doing, you can get really great values compared to slabbed coins. The slabbed coins are more expensive, but it takes SOME of the guess work out of grading a coin. While the TPG's aren't perfect, they give people who want to buy more valuable coins a better comfort level of the coin. If you buy a raw coin that you think is MS for thousands of dollars and then you find out it's AU or cleaned, and you lose a bunch of money, then buying a slabbed coin will help offset the risks you take. For those who are experts in grading, then slabbing isn't necessarily needed, unless you want to sell it for a profit. |
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Valued Member
France
285 Posts |
tights
Your avatar is it "piedra de los soles" mexican coin ? I like this coin but it misses in my collection
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Pillar of the Community
United States
2254 Posts |
Actually it is the reverse to the ben Franklin Founding Father commemorative proof. I just wanted something different for an avatar, and I like the coin. Here is a little better picture, although this was from online. At some point I will take a nice picture for questions like this.   |
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Pillar of the Community
United States
7123 Posts |
Tights Fred and I have had this conversation before ,, I still think the coin would grade what the TPG's put on it without the plastic it logically has to if you believe in the TPG's to be accurate,,you know I would have more confidence in the TPG's as a whole if the coin would receive the same grade each time it was submitted ,, but everyone knows that is not the case . Here is the reverse of the commem. sorry I dont collect the proof versions of the Commemoratives  and just for fun the obverse also !!  Metalman |
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Pillar of the Community
United States
717 Posts |
I was advised never to buy a Key date that's not certified due to the fakes out there. Even if you trust the seller, how do you know he wasn't duped?
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Valued Member
United States
218 Posts |
quote:
I was advised never to buy a Key date that's not certified due to the fakes out there. Even if you trust the seller, how do you know he wasn't duped?
You are correct for the most part regarding a lot of the sellers out there. For myself, trusting a seller is not only based on them following through on transactions but also have knowledge of what they are selling. There are only certain sellers I would buy a key date from without seeing. This is only after long time dealings and them proving to me they know what they are talking about and how to spot frauds is part of the knowledge they need in my mind. Regarding the value of slabbed coins vs raw, I have a small registry set on PCGS and they say its worth a lot more then I paid for it. If you search around and are okay with going one or two points from top grade you can set up a very nice slabbed collection without having to pay the premium prices. I have even gotten a few slabs from people that just upgraded and they just want to get rid of the lower grade. I made some pretty good deals that way. |
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Valued Member
France
285 Posts |
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Valued Member
France
285 Posts |
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Pillar of the Community
United States
2254 Posts |
Now that's a cool coin. I especially like the fact that the reverse is a depiction of their very first press. Very cool idea to show something like that.
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Replies: 18 / Views: 3,036 |
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First Page
Posted 06/02/2007 1:26 pm
