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Replies: 20 / Views: 3,056 |
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Valued Member
United States
79 Posts |
For the most part I only buy stabbed coins for the (small) degree of assurance that it is genuine. Then they are usually cracked out and put in an album. The exception would be Commemoratives - they stay in the slabs. I suppose there are albums available for Commemoratives but I've never seen one.
I don't question collectors who prefer to keep everything in slabs, I just like albums. There's no wrong way to be a coin collector. JMHO
Edited by herbaby 06/24/2017 11:43 am
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Pillar of the Community
United States
3327 Posts |
I'm with most everyone else. I like seeing the coin without plastic between it and my eye. Not to mention the fact that price plays a role for me. I have lots of nice, MS and proof coins but none are professionally graded.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Pillar of the Community
United States
1450 Posts |
If you were to buy a scarce to rare coin costing you over $1000 would you be willing to buy it raw online without assurance of one of the major coin grading companies saying it is what it is advertised to be? I can't find the coins I want at local dealers and often have to go online to even see them.
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Pillar of the Community
United States
3327 Posts |
 in regards to high dollar coins. If I ever decided to pay that much I'd want to ensure grade and authenticity. My expertise is not sufficient for buying raw coins in that realm. I'm a 10-100 dollar coin buyer. Willing to chance it at that level
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Pillar of the Community
United States
5825 Posts |
Remember, slabbing by a respected TPG does 4 things: -- authenticates it (not a fake, counterfeit, etc.) -- certifies originality (not cleaned, repaired, enhanced, etc.) -- grades it -- protects it
Edited by kanga 06/25/2017 09:15 am
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Pillar of the Community
United States
4870 Posts |
Those are all good reasons Kanga. I have had a few Canadian slabbed coins but I busted them out for my collection. I don't think I would bother slabbing any of my coins unless I felt something was worthy of it. I feel the fee is just too high.
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Bedrock of the Community
United States
17884 Posts |
Quote: If you were to buy a scarce to rare coin costing you over $1000 would you be willing to buy it raw online without assurance of one of the major coin grading companies saying it is what it is advertised to be? Yes, and I have done so.
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Valued Member
United States
338 Posts |
I enjoy handling raw coins (carefully). But, for special coins, I think slabs are more attractive displays than 2 x 2s. And, slabs are more protective over time. Paper envelopes are protective and are wonderful for natural toning. But, they do not display coins. I slab the vast majority of type coins valued over $100. I leave the other coins raw and store them in either 2 x 2s or paper envelopes. I try to look at my coins raw and slabbed as often as possible.
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Pillar of the Community
United States
3343 Posts |
Polished, tooled, holed, gouged, rim dinged, corroded, etc. coins should never be put in holders unless they are truly rare.
These coins are not harmed by being in a pocket.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq 06/26/2017 07:22 am
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Pillar of the Community
 United States
1314 Posts |
I too have slabbed coins, some I submitted, but personally I like the coins I can handle.
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Bedrock of the Community
United States
20753 Posts |
I have no slabbed coins. Over the years I've acquired some but always break the coins out for my Albums. This is regardless of the price. Even if I had a coin worth many thousands of dollars and in a slab, I'd just break it out for my Albums. I really don't see any reason to keep a coin in a slab since that would only be for resale purposes and I never sell a coin.
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Pillar of the Community
979 Posts |
You also have to remember that even if you buy a slabbed coin the slab it self can be counterfeit. It is rare but it happens.
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Pillar of the Community
United States
593 Posts |
I have none either, except a Denali quarter slabbed from the grading co. to sell more slabbing.
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Pillar of the Community
United States
666 Posts |
I bought a bunch of slabbed Lincoln wheat cents when I got back into coin collecting last year, but, partly influenced by y'all, I have decided that I like raw coins better.
Buying slabbed coins started to feel like I was an 'investor', not a coin collector. That's simply my self-perception, I don't make that assumption about others.
Plus, I suspect that all currently slabbed coins will eventually need to be re-graded when computer-grading takes over. By 'need' I mean that over time people will start to doubt the accuracy of human-graded coins and they will want the computer-grade.
~ Mark
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Valued Member
South Africa
331 Posts |
Encapsulated coin love them MS, although a worn Morgan is better worn than MS if I want to touch my coins I reach for my pocket piece
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