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Why Are Modern Coins Slabbed?

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Valued Member
OldWest's Avatar
United States
126 Posts
 Posted 04/08/2016  3:06 pm  Show Profile   Bookmark this reply Add OldWest to your friends list Get a Link to this Reply

Quote:
PCGS prices realized includes NGC coins.. Just look under the "cert" column :)


Neat! Is there a way to track a coin I own over time? To see how my very own (fill in the blank, for example 1884 Morgan) moved around - prices, etc?
Pillar of the Community
cladking's Avatar
United States
2271 Posts
 Posted 04/08/2016  7:12 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
Catalog prices on modern circulation issues actually tend to be absurdly low. Even the RedBook lists a Gem 1982-P quarter for $15 but you'll never even find a chBU on ebay for less than about $50. Give upon finding a true Gem at all since the nicest pieces aren't well struck and go into MS-67 holders that sell for $600.

It's odd how all the prices listed for old coins are way over what they really bring but prices on moderns can be a tiny fraction of true market value.

Time don't fly, it bounds and leaps.
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