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 Replies: 60 / Views: 5,798 |
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Valued Member
United States
117 Posts |
My most valuable coin is worth less than a double sawbuck, so no slabs for me...
Joe
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Valued Member
United States
82 Posts |
I don't own any slabs. My collection is quite modest.
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Pillar of the Community
 Canada
1554 Posts |
WOW, this poll turned out interesting and beyond my expectations. I was under the impression that slabbed coins would rule. Seing soo many counterfeits and questionable coins out in the marketplace, I figured the safest bet would be to buy a slabbed coin. This would be the ultimate protection for the buyer, especially when it comes to pricey high end coins. Guess I was wrong, HMMMMMMMMM  Glenn  |
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Moderator
 United States
188527 Posts |
In my opinion, the best protection against fraud, hands down and above anything else, is education. Slabs may offer an extra layer of security, but that can become a crutch. I do not like slabs for the same reason I no longer use a radar detector: it can lead to a false sense of security. (The best way to avoid a ticket is to obey the law; that is, being educated and knowing what to do.) Now when it comes to resale, the ruling on slabs might be completely different! I am not in it for resale, so that rule does not apply to me.  |
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Bedrock of the Community
United States
10284 Posts |
I just bought a graded 1921 S Buffalo in VG PCGS but I wanted to be sure it was not a restored date or cleaned since they don't come cheap in any grade.
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Pillar of the Community
United States
3077 Posts |
i only have one slab and its just a PCGS sample I dont see me buying any slabbed coins any time soon
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Pillar of the Community
United States
581 Posts |
I have and will get both.
Having raw coins are subjective. 1 raw coin 10 people grading...potential for 10 different opinions.
1 slabbed coin...graded now will retain the grade as long as the slab is in place, as well as retaining a value.
coins and comic books both command a premium for what they are.
And yes...I agree, buy the coin not the slab
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Pillar of the Community
Canada
1248 Posts |
Hello Glenn I am sure you are aware that your fav TPG does not offer any back up....and will just shrug their shoulder if it ever should happen(grading a fake) .. ( actually it did happen)they do not even recognize the fact and let you hang high and dry... perhaps there is another reason WHY they have NO verification of their graded coins? could it be they do not care? |
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Valued Member
United States
120 Posts |
I have purchased only one slab coin and that was because it was cheaper than the raw coin needed for my Kennedy half dollar. All of my coins go into Dansco Albums and the cull is then sold to buy more coins :) |
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Pillar of the Community
Canada
610 Posts |
My whole collection is "RAW"(coins and paper)U.S. Canadian & World.Slabbed would be nice,but I can't really afford them.MY WIFE WOULD KILL ME!  |
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Valued Member
United States
53 Posts |
Mine are 99.9% raw. I do prefer slabbed if buying big ticket items. In my opinion, slabbed legitimizes the coin but not the grade. That said, if one is careful it can also give some grade assurance. r |
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Valued Member
United States
128 Posts |
It is nice to present a slabbed coin for sale or trade. There is no argument as to the condition. When raw the dealers look at it and while you know it is Unc, they hem and haw and well it is AU or less. They then offer based on them looking down their noses at good raw coins. I like to make finds and like my raw coins as I have put an effort into finding them. It is that while they can belittle your coin by being "experts" and "dealers" they will not take on NGC or PCGS.
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Pillar of the Community
United States
6385 Posts |
90% of my coins by count are raw. However, 90% of the total value of my collection is in slabs. Even though I have a fair amount of collecting experience by now, I still prefer a PCGS, NGC, or ANACS-slabbed coin (in that order of preference) when it comes to big dollar purchases. I'm not willing to give up that extra layer of assurance that a quality TPG opinion provides. The potential ease of resale when it's time to sell is an extra incentive to get the expensive pieces slabbed. |
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Valued Member
United States
79 Posts |
If you are buying for investment, the prudent thing to do is buy from one of the top two grading companies, if you are a collector, you may want to buy only raw coins, but never rely on yours or any other grade for selling purposes, likely you will be disappointed. Currently I prefer PCGS, but their choices are somewhat limited as they do not do things like "like dollars".
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Pillar of the Community
United States
1304 Posts |
I collect only NGC and PCGS slabbed coins because they are certified and graded.
Besides the slabs make a great way to store them.
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Replies: 60 / Views: 5,798 |
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Posted 06/03/2009 10:25 pm
