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Replies: 25 / Views: 3,778 |
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Bedrock of the Community
United States
20753 Posts |
I seldom buy slabbed coins but when I do I break them open. I put all coins in Whitman Classic Albums. I collect coins, not plastic. And as to what it was like prior to TPGS's. When I was a kid there was no such thing. Of course there was also few Folders, no albums, flips were always around, no TV either and no computers, no camera phones, no FAX machines, No computer printers and gas for a car was about $0.32/gal. Most coin collectors were known as idiots or jerks. Mostly all coins you collected came out of change. Not to many hobby stores delt with coins, mostly postage stamps. There was no one selling coins on a HSN on TV since we didn't have such TV's. No calculators, no watches that you didn't have to wind and no one was a drug addic since no one knew what that was anyway. No coin shows, no gun shows, no knife shows and probably only dog or car shows. AND you could walk down any street any time of the day or night and never even think of being robbed. Imagine looking through your change and saying to yourself something like OH, now what is this stupid thing the Mint did to our Mercury dimes now with this old guy on the Dime. As kids we didn't know who he was.
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Pillar of the Community
United States
531 Posts |
I have two collections that are slabbed, with a total of 21 coins. The rest of my collections are in Capital Plastics BVD holders, some of those coins have been set free but most were purchased before TPG's came into the market.
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Valued Member
Greece
425 Posts |
I buy slabbed coins and put them in my albums.Want it or not slab is the king at present.There is too much fraud in the coin market! 
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Pillar of the Community
 United States
509 Posts |
That's a very nice looking display epop. Much better than boxing or stacking. What kind of album is that? Haven't seen one before.
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Valued Member
Greece
425 Posts |
that's a self made album.I bought a big empty album from a book store and the pages from Leuchtturm.But I can see Krause site selling these lately.
Edited by epop 12/12/2010 3:04 pm
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Bedrock of the Community
United States
14454 Posts |
if you were to look at the back of my 7070 album you would see I have cracked out quite a few of their plastic tombs. to me id didn't matter how valuable the coin or what generation the slab, if it was bought for the album, its going in there so the plastic has to go. I have cracked out PCGS rattlers along with NGC fatty's for the album
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Bedrock of the Community
United States
20753 Posts |
Quote: I buy slabbed coins and put them in my albums.Want it or not slab is the king at present.There is too much fraud in the coin market!
True, however, now that China and who knows who else is manufacturing faked slabs, just how do you know yours are real? Also, since there are more and more TPGS's popping up every day, so how do you know who those new ones really are? So how does anyone know if the coins inside a slab is real or not since even the slabs are now being made in China. NO, the olden days, a few years ago, of a slab being the way to know yours is real are now fading away.
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Pillar of the Community
United States
1534 Posts |
Quote:
True, however, now that China and who knows who else is manufacturing faked slabs, just how do you know yours are real? Also, since there are more and more TPGS's popping up every day, so how do you know who those new ones really are? So how does anyone know if the coins inside a slab is real or not since even the slabs are now being made in China. NO, the olden days, a few years ago, of a slab being the way to know yours is real are now fading away.
 That's why it's good to do research and be careful what you buy instead of just completely putting all your faith into slabs. Learning to authenticate coins and slabs is now important, although the percentage of fake slabs is still pretty insignificant when compared to the genuine ones out there.
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Valued Member
Greece
425 Posts |
''True, however, now that China and who knows who else is manufacturing faked slabs, just how do you know yours are real? Also, since there are more and more TPGS's popping up every day, so how do you know who those new ones really are? So how does anyone know if the coins inside a slab is real or not since even the slabs are now being made in China. NO, the olden days, a few years ago, of a slab being the way to know yours is real are now fading away.'' You know there is a verification function in major TPG's where you look up your coin by a picture.Fake slab's is much more difficult to make because of the serial number.
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Valued Member
Greece
425 Posts |
Here in Greece the most opposite to slabs are the dinosaurs collectors. Because they want to sell their collections and most of their coins are with major problems.In ''good old days'' they pay less attention about the grade of the coin and collect by the date and only that.So most of their collections are just a crap.If they send them in, they will get details and only details.And we know that a detail coin will catch half of the price.Also they can't upgrade condition of the coin and sell an XF for UNC. Slab for new collectors is a great help.They don't fooled by clever dealers when buying a coin.If you are an experienced collector and know what you are looking for you can buy raw coins because they are cheaper.
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Moderator
 United States
188444 Posts |
I buy coins and put them in my Dansco albums. I have never bought a slabbed coin, but if I did, I would not hesitate to crack it out because my goal is to complete the album. I still need to purchase the many key dates. They almost necessitate being bought in a slab; not only for authentication, but for selection (that is, I am having a problem finding them raw). The ones I find do not give me a warm and fuzzy feeling. It may be paranoia; however, I am hoping to become more confident in authentication myself. I do not want to rely on the TPG to authenticate a key date.
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Pillar of the Community
United States
1081 Posts |
I have a few slabbed coins I will keep in the slab, but for my IHC collection, I will crack them all out. I buy a lot of raw coins, but for key dates, I plan on only buying from a reputable TPG for authenticity and selection.
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Valued Member
United States
225 Posts |
Before slabs.
Some dealers would sell coins as gem, and when you wanted to sell your coins to dealers they all became AU. Slabs make it harder to say an MS coin is AU and vise versa.
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Valued Member
Greece
425 Posts |
that's the point arsave.You hit the target
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Moderator
 United States
188444 Posts |
I will never argue against the fact that slabbed coins are easier to sell. However, selling coins is not a part of my game plan, so neither is keeping the slab! 
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Replies: 25 / Views: 3,778 |
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