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How Important Are Graded Coins?

 
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Pillar of the Community
United States
587 Posts
 Posted 12/15/2019  7:52 pm Show Profile   Bookmark this topic Add Ballyhoo to your friends list Get a Link to this Message
Poll Question
I'm curious as to what those of you collect. I get a sense based on the posts, but these seem to only be small samples of what you collect. Myself? I like nice circulated coins as intended. Most of mine were bought in the raw, with as much research on them beforehand (lots and lots of books). Although I have bought, and would buy them graded, in the key/semi-key coins or where high numbers of known counterfeits exist. These wind up getting cracked out, keeping the information of course, and put into
Air-Tite ring holders. They present better and take up less space.

Thanks in advance.


Poll Choices
  100% graded exclusively
  Only pre-modern
  Both, reguardless of date
 None

Pillar of the Community
United States
6291 Posts
 Posted 12/15/2019  7:55 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I rather like the presentation style of slabs. I'm building a type set and will buy raw with the intention of slabbing. Plus when a upgrade comes my way slabs help with marketability
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Bedrock of the Community
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United States
14496 Posts
 Posted 12/15/2019  7:57 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Hmm what is the difference between choice A and choice C?
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Bedrock of the Community
United States
12941 Posts
 Posted 12/15/2019  8:21 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Not 100 percent, but 100 percent for the good ones and coins of value
Fire A.J. Preller

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Pillar of the Community
United States
942 Posts
 Posted 12/15/2019  8:23 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I purchased 3 graded coins all were unslabbed within a few minutes. I'm not per say against slabbed, just for what I collect I have no interest now. I may pick up a few coins for a long term investment but for my albums I only get raws.
Bedrock of the Community
Australia
16317 Posts
 Posted 12/16/2019  02:51 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I collect ancients hammered ad milled coins, which make up perhaps 25% of my whole collection by number.
With these sorts of coins grading and slabbing is pretty much irrelevant.

On the other hand, the grading of all coins (ancient hammered milled and machine struck modern), is a major critical factor in determining their value.

IMHO slabbing fees are not justified on any coin that potentially has a value of less than $100.
Bedrock of the Community
United States
18951 Posts
 Posted 12/16/2019  08:53 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Odd choices of topics. Actually many people today prefer a graded coin for a rather expensive one due to all the counterfeiting. However, many of those same people simply break out the coins for Albums. Your original question was how important are graded coins. I believe you mean exactly that, that the graded system helps identify fakes as well as saying what a coin should be noted as far as a grade.
just carl
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United States
81003 Posts
 Posted 12/16/2019  09:50 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Both.

Up until three years ago I was strictly a Dansco album guy.

But in 2016 I started building a PCGS slabbed Ike set.
Pillar of the Community
United States
4122 Posts
 Posted 12/16/2019  09:53 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
I collect both graded and raw.
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Pillar of the Community
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United States
2852 Posts
 Posted 12/16/2019  12:35 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
I am more or less with @sel_191.

Most of what I actively collect is pre-1700 world coins, and mostly under about $200 per coin. I don't care about re-sale value. So, buying graded coins is almost always a poor value. I think I have 4 coins in slabs.




Valued Member
Canada
169 Posts
 Posted 12/16/2019  1:55 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
When it comes to the TPG graded coins in my collection , the only thing I really value in is the authenticity/ or buy back guarantee should the coin turn out to be fake.

If I feel comfortable with the price and/or the grade I will buy the coin. A holder doesn't make or break a deal for me, now when it comes to coins I'm buying to resale that would need to be graded to get the best price it would probably play into weather or not a deal is made.

Also I feel the poll is lacking a fiew options.
Pillar of the Community
Russian Federation
2920 Posts
 Posted 12/16/2019  5:45 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
In principle, I don't have any problem with buying a slabbed coin if one comes up, but with my budget it's not exactly a common situation. I think I have... one or two slabbed coins at the moment?

I agree that slabs are probably more convenient for rarer and/or more expensive coins due to counterfeiting, but, again, with my budget this is almost never a significant consideration, and even when it is, the coin in question is almost always pre-modern and a slab would not help.
In other words, basically what @sel_69l and @tdziemia said.

(For what it's worth, I intend to try my best to fill my 7070 without opening any slabs. This might be... trickier once I get to the larger silver.)
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