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Who Likes It Raw?

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Valued Member
coinut's Avatar
United States
362 Posts
 Posted 03/31/2012  8:58 pm Show Profile   Bookmark this topic Add coinut to your friends list Get a Link to this Message Number of Subscribers
Ok, I understand there are a lot of folks that just love slabs. To know with out, well, MUCH of a doubt that what they have is real, the grade is set, value can be ascribed to a pretty good degree that the coin is what it is. I,however, am of the opposite side on this, ah, debate shall we say. There is something about a raw coin, in it's natural state that has charm, has allure to it. To hold something going back in time to the depression to the birth of America and beyond is something that cannot be put into words, or should I say words do it no justice. Just by holding the coin I am part of it's history. This is something that just does not come from holding a piece of plastic.
Now, I truly understand why slabs can be appealing, I can and I am not knocking those that believe in slabs. I just thought I might offer something from the raw side. So, I ask, how many prefer their coin collecting raw?
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stevex6's Avatar
3352 Posts
 Posted 03/31/2012  9:05 pm  Show Profile   Bookmark this reply Add stevex6 to your friends list Get a Link to this Reply
I just finished releasing 4 prisoners from their nasty plastic cells ... they looked-up at me and smiled and I could almost see their value increasing


... it was beautiful
Edited by stevex6
03/31/2012 9:07 pm
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amida17's Avatar
United States
4897 Posts
 Posted 03/31/2012  9:30 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
+1
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Penny Guy's Avatar
United States
531 Posts
 Posted 03/31/2012  9:30 pm  Show Profile   Bookmark this reply Add Penny Guy to your friends list Get a Link to this Reply
I am what could probably be described as an "old school" collector. The vast majority of my collection is raw, and will stay that way. The only coins that are graded are my Two Cent registry sets, proof and circ strike, and a Two Cent grading set I am working on. The US Half, Large and Small Cents and Canadian Large and Small cents are all raw.
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DVCollector's Avatar
United States
10045 Posts
 Posted 03/31/2012  9:32 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Slabs are too restrictive for the kind of coins I collect.
Holding a coin helps me understand its impact in its day.
It's pretty cool to hold a half-ounce of silver that was money 2500 years ago.

Who-Likes-It-Raw?
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svslav's Avatar
United States
2605 Posts
 Posted 03/31/2012  9:57 pm  Show Profile   Bookmark this reply Add svslav to your friends list Get a Link to this Reply
If they're in plastic you can't play with your coins
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Dawg51999's Avatar
United States
80 Posts
 Posted 03/31/2012  10:05 pm  Show Profile   Bookmark this reply Add Dawg51999 to your friends list Get a Link to this Reply
I agree. It is interesting holding an old coin in your hand and imaging it's history and who could have owned it. You simply can't get that when holding a coin in a slab.

Now that said if I was going after pricey and rare coins then I could understand getting slabs. But since I didn't win the lottery last night I won't have that problem anytime soon.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/31/2012  11:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Is there anything more rewarding than the feel of history in your hand? Given the choice, I choose raw 10 times out of 10.
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ACE Mike's Avatar
United States
438 Posts
 Posted 04/01/2012  01:38 am  Show Profile   Bookmark this reply Add ACE Mike to your friends list Get a Link to this Reply
Looking at it from the sales side, I can tell you that I sell over 100 raw coins for every one slab that I sell.
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Litotes's Avatar
Norway
510 Posts
 Posted 04/01/2012  02:10 am  Show Profile   Bookmark this reply Add Litotes to your friends list Get a Link to this Reply
Even if you wanted to, you couldn't buy a collectoin of slabbed coins in Europe. No store or auction firm sells them on a regular basis. We simply do not have any TPGs in our continent. The few collectors who appreciate slabs here have to send their coins to the US. That is insured postage both ways in addition to the cost of the slab itself - and when the coins come back, their value is unchanged. So it is not much of an investment. When the times comes to sell the coins on, more likely than not they will be liberated.

Myself, I have two slabbed coins, one from a serious firm and another from a not-so-serious firm. Just so I can illustrate to other collectors what we are talking about. I am not in the market for more, though I will not rule out buying one or two if the coins I am looking for somehow finds their way inside. But I will not pay premium for them.
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Russian Federation
5172 Posts
 Posted 04/01/2012  04:47 am  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
I do know that, like I said in another thread, slabbed coins are hard to come by this side of the Arctic.
However, the whole question is still relevant over here - it's just holders (probably your own 2x2s, or something very close to that) instead of slabs.
I personally still prefer my coins raw, so that I can hold them in my fingers and appreciate their beauty or history (or sometimes even both - while pre-WWI coins in anything above VF tend to be rather expensive, there is the weird exception of low-denomination Austro-Hungarian pieces which go for under a dollar even in XF, and yet other coins, like the Mercury dime or a few old Japanese pieces, look beautiful even in a lower grade).
However, if the coin is MS, that whole "hold in my fingers" thing becomes a little bad (as the coin would've been ruined if I did that). So for those coins, I prefer holders - just for protection's sake - and look at them through the plastic... good think I don't own too much MS coins (they're again either too expensive, too hard to find, or both).

Then there's the weirdness factor. One of the items in my coin collection is a coin "holder" someone made out of some sort of glass (well, that's what it looks like) - a rectangular object the size of a small book consisting of two halves (held together by several bolts) with about twenty coin spaces in between. The spaces are filled with various German coins from as early as 1874, including a silver 1/2 mark; I paid about $7 for it, and I estimate that if I opened the case and sold the coins individually I would've probably received at least three times that (and for that matter, the coins themselves aren't anything to look at, most being in the AG-VG range). Yet I keep the thing because I like how weird it looks, and for the simple reason that there's probably nothing quite like it anywhere in the world* (and if there is, I would be surprized).


End result: slabs and holders do a decent jobs of keeping MS coins MS, which IMHO is what they're for. Same is possible, now that I think of it, for coins made out of reactive metals (like the (in)famous 1943 Steelies) if they haven't rusted yet (fun fact: the only coin in my collection I bought raw but then decided to put in a plastic holder to protect was a Presidential dollar I didn't want turning brown too quickly). Everything else is better off raw (which, of course, usually means "in albums").

Sorry for such a long post :-)
Bedrock of the Community
United States
20753 Posts
 Posted 04/01/2012  07:23 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Slabbed or not, makes no difference to me. I have no slabbed coins and when and if I do get one, simply break the coin out.
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turtleoverhead's Avatar
Australia
585 Posts
 Posted 04/01/2012  08:27 am  Show Profile   Bookmark this reply Add turtleoverhead to your friends list Get a Link to this Reply
Coin in slab is like a beautiful woman behind the locked glass door.
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United States
684 Posts
 Posted 04/01/2012  8:05 pm  Show Profile   Bookmark this reply Add Westwood Arms to your friends list Get a Link to this Reply
I slab "discovery" pieces like the Mexico 1916 50 Centavos inverted and corrected 1, and commonly forged coins like the Mexico 1922 2 Centavos and the 1931 5 centavos
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vermontensium's Avatar
United States
16677 Posts
 Posted 04/01/2012  8:16 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
My key date coins are all slabbed. That way, there is no question of their authenticity.
Plus, I just feel more comfortable with them in the most secure holder for the long term.
I can care less what there opinion is on grade, problem/no problems, etc.
The rest of my collection can stay raw ;)
swcoin.ecrater.com
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Conder101's Avatar
United States
17884 Posts
 Posted 04/02/2012  08:50 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I am very anti-slab. So much so that I ONLY buy raw. I don't buy slabbed and crack out. When I look for coins for my collection I won't even look at slabbed coins. If it is slabbed, as far as I am concerned it doesn't exist.
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