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Posted 06/20/2024 09:08 am
The slab certifies that they are genuine. Now that you know that, crack them out and enjoy them as coins again.
I've started leaving scarce date cleaned coins in their slabs. When I bought them they were priced close to bullion, but not anymore. For scarce dates having the certification is important.
Case in point right now on ebay. A scarce 1876 gold dollar MS-64+ with CAC is $4295, a slabbed AU cleaned is $660. Same rarity but is the extra $3600 worth it to have a tiny trophy coin? As a coin collector filling holes in a book, no. As an investor maybe, but this investor prefers CDs and munis. For me coins are a pastime not a get-rich scheme.
I've started leaving scarce date cleaned coins in their slabs. When I bought them they were priced close to bullion, but not anymore. For scarce dates having the certification is important.
Case in point right now on ebay. A scarce 1876 gold dollar MS-64+ with CAC is $4295, a slabbed AU cleaned is $660. Same rarity but is the extra $3600 worth it to have a tiny trophy coin? As a coin collector filling holes in a book, no. As an investor maybe, but this investor prefers CDs and munis. For me coins are a pastime not a get-rich scheme.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/20/2024 09:59 am
06/20/2024 09:59 am
