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 Replies: 20 / Views: 2,439 |
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Valued Member
Canada
61 Posts |
Poll Question
You've heard the term - Buy the coin not the slab, But in terms of how you value would you pay more for a coin that is slabbed or one that is not? On ebay many just look at the slab and pay high prices for the coin. Results
| Raw Coin |
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53% |
23 Votes |
| Slabbed Coin |
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47% |
20 Votes |
Poll Status:
Locked
Total Votes: 43 Counted
Last Vote:
02/20/2007 4:40 pm Edited by bboudrot
01/18/2007 3:34 pm
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Moderator
 United States
23522 Posts |
I would pay more for the slabbed coin. It would be more about trust of authenticity and originality, than any belief that slabbed coins are "better." It's unlikely I'd go anywhere near book value for a raw coin, but I'd consider it with a slabbed coin, especially if I'm going to spend a couple hundred bucks on it.
Nothing beats knowledge for lowering coin prices.
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Pillar of the Community
Canada
1267 Posts |
I would pay more for the slabbed coin as well. Not only has the authenticity and originality been confirmed, but when it comes time to sell that's pretty much how the market will see it. Now, with coins already slabbed, there can be a vast difference in quality for a grade. That's where you need to buy the coin, not the insert.  Edited by hadleydog
01/18/2007 5:48 pm
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Pillar of the Community
United States
595 Posts |
I don't like slabbed coins. I have never bought one, but if I did, I would break it out of there anyway.
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Pillar of the Community
United States
1247 Posts |
Raw. "Buy the coin and not the slab" is a contradiction. It's like saying pay to have your oil changed and change it yourself anyway. Why does such a slogan exist if people have so much faith in the TPG "Priesthood?" |
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Pillar of the Community
United States
954 Posts |
Sometimes the only reason to buy the coin, is the slab.  |
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Pillar of the Community
United States
3234 Posts |
If you're inferring that both coins, slabbed and raw, are hypothetically the same, then in most cases I'd opt for the slab. I would do so mainly because it's easier to resell especially to others that may not be so hot in grading. However, there are times I'd rather a raw coin so that I could put it in an album. I simply hate to crack a slab.
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Valued Member
United States
111 Posts |
I'm slightly more confidant buying a slabbed coin on-line as opposed to raw. But I've seen some real stinkers in slabs too.
I won't spend a lot of money on a coin unless I can see it in person.
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Pillar of the Community
United States
2365 Posts |
I personally enjoy raw coins for the history behind the coin as to where it's been but, I suppose the same thing could be said about slabbed coins as well. I will buy a slabbed coin for the coin if it is BU, rare or something that I really, really want and can't find it raw in the grade that I would like to have. I hope that makes sense.
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Valued Member
United States
177 Posts |
I personally don't like slabbed coins. I would rather puchase a raw coin. The only time I have purchased slabbed coins is because I could not find that coin in the raw state. The coins I have purchased in slabs have since been removed.
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Member
United States
3242 Posts |
I have found coins on ebay slabs cheap 1904 is PGCS ms-63 $53.00 w/shipping. I have all so found some nice raw coin as in the 1936 Walker,it was $5.95 w/shipping. If you look hard you can find nice raws & cheap slabs Image Insert: Image Insert: If you have the time you can do it,all you have to do is take your time and check out sell and dont buy in a bidding war!  |
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Pillar of the Community
Australia
3831 Posts |
Why bother with slabs when slabbing companies themselves put ridicious errors on slabs as well as sometimes not even able to identify if coins are genuine or not! You might as well be the expert yourself.
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Valued Member
United States
235 Posts |
Coins are history. I see no point in collecting coins encased in plastic that cannot be touched. The hairsplitting grades of uncirculated and proof coins has turned a hobby into an investment venture. If an ebay seller sends in a coin in a ridiculous plastic slab (yes - I received a common 1892 quarter in good condition with a certificate of authenticity), I crack it open, take out the coin, and toss the slab out. |
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Valued Member
United States
256 Posts |
If the coin is a very expensive investment piece that is conterfeited often, then I would buy it slabbed for authentication purposes. The other time I buy or have coins slabbed is when I want a coin verified because of a variety, error, VAM, etc. Any other time I prefer to buy raw over slabbed. That's just me, I like to collect and display coins and not plastic boxes. |
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Pillar of the Community
United States
533 Posts |
I certainly feel more confident buying a slab from one of the better TPGs. I guess that the more value to the coin, the more I worry about my grading abilities. So, I get the opinion of a third party.
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Valued Member
United States
394 Posts |
I would like to post a hypothetical situation and see how our members respond... You purchase a MS-60 1921-D Walking Liberty half dollar in a slab...When you receive the slab, who is going to remove the coin from the slab to get it's feel, and any other vibrations that are brought to the collector from coins? Are you going to use gloves or bare hands to handle the coin? After you remove it, are you going to store it in a plastic capsule or some other method to enclose and protect the coin. If you do use some sort of outer protection, when you bring the coin out to give it some TLC and ogle it, are you going to remove it from the protective device in order to get "fingers on coin" or are you just going to look at it through the protective device? The answers will provide a lot of feedback to the "coin or the slab" controversy. There is no test on this, but the best answer is, to each his own. Point of interest, I like both raw and slab coins. Each serves a purpose. Berry |
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Replies: 20 / Views: 2,439 |
Posted 01/18/2007 5:47 pm
