What Coins When Slab Fetch A Better Premium. - Page 2

To participate in the forum you must log in or register.

Author	Replies: 25 / Views: 3,670	Page: of 2

Eklections Valued Member United States 171 Posts	Posted 08/22/2013 9:28 pm I was offered the following coin not long ago. At first glance, it was slabbed (ie genuine), but the coin looked suspicious to me so I checked the PCGS number and found it to match a 1893-S coin in the PCGS registry. I continued to follow the thread to find that the 1893-S in the PCGS registry had been sold through Heritage Auctions. When I went to compare the coin sold through Heritage to this one, they were far from the same coin. This was clearly a fake placed in a fake PCGS holder. When you purchase a TPG graded coin - be sure to evaluate not just the package but also the coin you are buying. Just because it's in a TPG holder doesn't guarantee that it is legitimate. Report this Post to the Staff
Eklections Valued Member United States 171 Posts	Posted 08/22/2013 9:39 pm Here's the actual coin graded by PCGS and sold on Heritage Auction site which sold for $16,100.00. Report this Post to the Staff
Colles Valued Member United States 216 Posts	Posted 08/22/2013 11:20 pm Look at the detail just in the identification of the coin. The first thing I saw was that the real coin says "S$1" in the upper right hand corner and the fake one doesn't. What a bunch of poppycock... Report this Post to the Staff
kanga Pillar of the Community United States 5825 Posts	Posted 08/24/2013 9:40 pm IMO you get a coin slabbed for three reasons. In order of importance to me: 1. Is it authentic (most important) 2. Has it been "adjusted" in any fashion (cleaned or modified) 3. What is its grade (least important) Report this Post to the Staff
vanbroj Valued Member United States 450 Posts	Posted 08/24/2013 10:24 pm 1916 D dimes and 1909 S vdb cents come to mind. So many fakes of both in the market place. Report this Post to the Staff
atchisonbj Valued Member United States 293 Posts	Posted 08/25/2013 10:12 am Vanbroj is correct on 16-D dimes and 09-S-VDB cents. To that I will add 1877 Indian cents and any semi-key or key date Buffalo nickel in XF-40 or above. Report this Post to the Staff
atchisonbj Valued Member United States 293 Posts	Posted 08/25/2013 10:15 am Here's another thing to remember on slabs. In the Franklin half dollar series generally PCGS coins trade at about a 10% premium over NGC coins and that even applies to FBL. This is a good example though of buy the coin and not the plastic because only NGC actually attributes FBL Franklin's correct because they use BOTH sets of bell lines where as PCGS only uses the bottom set. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 08/25/2013 10:58 am At a coin show a dealer I know showed me a slabbed coin in a PCGS holder. I looked at it and realized it was a Roosevelt dime in a Cent slab. He had opened it somehow, changed the coin for fun. Resealed it so it was difficult to tell it had been done. He showed me the edges where he had redone the sealing. Now imagine how many other people could do that too. So even fakes from places like China are not the only things to watch for today. Yet nothing sells faster and better and at a premium than a PCGS slab. Report this Post to the Staff
jwguts Valued Member United States 256 Posts	Posted 08/26/2013 12:05 pm I have, occassionally, getten a freebie coupon to get a coin slabbed. That is the only time I can see submitting a low value coin for grading. Even then, there's an opportunity lost to get a more valuable coin graded. Report this Post to the Staff
FadeToBlack Pillar of the Community 1751 Posts	Posted 08/26/2013 3:48 pm Quote: At a coin show a dealer I know showed me a slabbed coin in a PCGS holder. I looked at it and realized it was a Roosevelt dime in a Cent slab. He had opened it somehow, changed the coin for fun. Resealed it so it was difficult to tell it had been done. He showed me the edges where he had redone the sealing. Now imagine how many other people could do that too. So even fakes from places like China are not the only things to watch for today. Yet nothing sells faster and better and at a premium than a PCGS slab. This is tremendously difficult to do and is usually obvious upon close inspection. Edited by FadeToBlack 08/26/2013 3:49 pm Report this Post to the Staff
	Replies: 25 / Views: 3,670	Page: of 2

First Page Last 15 Replies

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.