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To Slab Or Not To Slab?

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KoolKat's Avatar
Canada
210 Posts
 Posted 04/28/2012  09:23 am Show Profile   Bookmark this topic Add KoolKat to your friends list Get a Link to this Message Number of Subscribers
I have many old rare coins, accumulated over 40 years or so of collecting. and I still do not own a single slabbed coin! I`m hesitant to slab any of my beauties, cause , once its in there, you can`t hold it, any more,or REALLY study it, without some obstruction. All my coins are in 2 by 2s, which give me the advantage of taking them out when I need to, to hold them .to touch them,you cant do that with slabbed coins. Maybe , cause I`m an old-timer, an old school collector, but, I think the whole point of collecting coins is to enjoy and appreciate them , and I cant do that if I cant truly hold them. Just a thought.
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glenzy1's Avatar
Canada
1554 Posts
 Posted 04/28/2012  09:51 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Hello Nuemistman, I guess it's a matter of preference, some like to slab and other's don't. Personally I like to have them slabbed for two reasons: I'm not tempted to remove them and risk dropping 'em or putting fingerprints/body fluids on 'em & when it comes time to sell I have a third party opinion on the grade.
I'm now almost 51 and initially started collecting when I was 13, then gave it up shortly thereafter to chase girls around. I then resumed coin collecting when I turned 40 and never looked back. Back in the 1970's coin collecting seemed so much more simpler and fun than it is today. There were not as many grades to deal with, slabbed coins were unheard of, coins were relatively inexpensive to collect, The R.C.M. put a limited amount of decent coins annually, business strikes were fun to collect from your pocket change, and since there was no Internet/E-bay around, you actually had to work to build a collection; today you can build a finest known Collection sitting on your lazy boy in your underwear with your laptop in front of you!
OOOOHHHHHHHHH how I miss the good ole daze!
p.s.: nice having you on C.C.F.

Glenn
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Wade's Avatar
Canada
2781 Posts
 Posted 04/28/2012  10:57 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply


personally I dont have any slabbed coins, mostly because I don't have anything worth being slabbed!

even if I did I dont think I would (unless we are talking $1,000+). I like them in 2x2's + binders so I can flip through them, take them out etc.

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coincollect1's Avatar
Canada
1731 Posts
 Posted 04/28/2012  11:00 am  Show Profile   Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
What coin?
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kuh_85's Avatar
Canada
2366 Posts
 Posted 04/28/2012  3:00 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
glenzy: I don't have a lazy boy. I use an old fashioned office chair!
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motoryoda's Avatar
Canada
278 Posts
 Posted 04/28/2012  7:13 pm  Show Profile   Bookmark this reply Add motoryoda to your friends list Get a Link to this Reply
I only have one is a true slab, and about 15 or so in flips. I would like to get more slabbed, but cannot come to terms with shipping them across the country. Too afraid what might happen!
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RoyalSilver's Avatar
Canada
933 Posts
 Posted 04/28/2012  9:22 pm  Show Profile   Bookmark this reply Add RoyalSilver to your friends list Get a Link to this Reply
IMO, unless the coin is worth more than $500 I wont slab, its too expensive an not really "worth" the investment.
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timnic44's Avatar
Canada
535 Posts
 Posted 04/29/2012  01:44 am  Show Profile   Bookmark this reply Add timnic44 to your friends list Get a Link to this Reply
I totally agree with you nuemistman. I have been collecting coins off and on for about 35 years. I own some high grade coins but do not own one slabbed coin.
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commoncents13's Avatar
Canada
248 Posts
 Posted 04/29/2012  03:32 am  Show Profile   Bookmark this reply Add commoncents13 to your friends list Get a Link to this Reply
I agree!--nuemistman-- I like the idea of being able to hold them and admire or study them without an obstruction. ---Yes, there is a risk when handling a coin of value but it makes you respect it carefully and presents the challenge to care for it. That's why a coins value goes up with time and is appreciated when you find a nice one.
---Personally, I even take care, if I find a nice new example of circulated coins and put them away with care so some one can appreciate them in the future.
---I don't even buy much from the mint you can't touch that stuff and it feels like I'm cheating myself of the hunt!

---So having a coin slabbed is something I personally don't do unless supper valuable, worth thousands, really rare, and for sale of witch I only had one slabbed and then sold it to someone with much bigger pockets, and a high end collection with a rake of slab's!
So now I hunt again!
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commoncents13's Avatar
Canada
248 Posts
 Posted 04/29/2012  04:37 am  Show Profile   Bookmark this reply Add commoncents13 to your friends list Get a Link to this Reply
--motoryoda--I hear ya! I can relate to your comment about shipping across the country for slabbing/certification.
---I sweated it for 10 weeks to get mine back. As a precaution I took lots of pictures first and communications with them.
---It might have been an exception time-wise because of rarity, certainly was gut-wrenching, but in the end worth it!
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cdcoinman's Avatar
Canada
372 Posts
 Posted 04/29/2012  09:19 am  Show Profile   Bookmark this reply Add cdcoinman to your friends list Get a Link to this Reply
The easiest way to get your coins to be slabbed if you want them that way is to bring your coins to a coin show.The TPG companies are always present and you do not have to worry about loosing your stuff in the mail or pay $$$$ for insurance.Coins are not insurable by Canada Post
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traevin's Avatar
United States
1454 Posts
 Posted 04/29/2012  9:11 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
It looks like most of us agree, then. I keep mine in Airtites, in general. Unslabbed is better for me, since it gives me a more of an opportunity to examine the coin in detail. Unless you're primarily a seller and you know the coin will gain quite a bit of value by slabbing it, I personally don't see the point. I've never wanted any of my coins slabbed, although I have a Mongolian coin that recently sold for $2000 that has tempted me. I have bought four or five slabbed coins, but only because the price was too good to pass up. My fiancee disliked the slabbed look so much, she redecorated the plastic with some craft materials to give it a warmer, less clinical appearance.
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Canada
1984 Posts
 Posted 04/29/2012  9:33 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
Traevin

You should count your lucky stars your fiancee has any opinions on slabs at all. Any positive vibes on coins are to be strongly encouraged from the farier sex! My wife hates all things coin!
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Petersun's Avatar
Canada
1700 Posts
 Posted 04/29/2012  10:20 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
(English is my second, or probably third language)
What do you mean by slab?
Valued Member
Canada
178 Posts
 Posted 04/29/2012  10:55 pm  Show Profile   Bookmark this reply Add ztt2 to your friends list Get a Link to this Reply
@Petersun; a 'slab' is what the coins get put into when graded by places like NGC or PCGS which lists their grades, date, denomination etc. I'm sure you've seen them.
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Wade's Avatar
Canada
2781 Posts
 Posted 04/30/2012  12:09 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply


To-Slab-Or-Not-To-Slab?
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