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 Replies: 11 / Views: 1,443 |
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Valued Member
Australia
87 Posts |
do coin in holders go up in price, or they stay the same
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Pillar of the Community
Canada
4944 Posts |
I am not 100% sure what your question is, but I am assuming it is whether a slab will increase the price of a coin?
If that is the case, then the answer is No. The slab never increases in price, the coin does. One of the best pieces of advice about slabbed coins, is buy the coin not the holder.
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Valued Member
 Australia
87 Posts |
thanks for the info
this is what I'm trying to say
if a buy a slabbed coin that is worth $ 500 dollars
will it go up in price in several years
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Pillar of the Community
Canada
4944 Posts |
That would depend on the coin you bought.
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Moderator
 United States
56855 Posts |
A company that slabs a coin is giving you their opinion on whether the coin is real or fake and their opinion on the grade. The value of the coin depends on supply and demand. So if you buy a slabbed coin for $500.00 it may go up in value unless there is many more slabbed in a higher grade then your coin will go down in value, grade dependent. IMHO, John1  |
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Valued Member
Australia
87 Posts |
thanks for the help
i wont be buying anymore slabbed coins ,if there prices don't go up in the future
what the use you cant make money on them
i appreciate the help, this community is awesome
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Pillar of the Community
United States
3486 Posts |
The "use" of buying coins in holders is the knowledge that the coin is genuine.
The "use" is knowledge that the coin is, for a much as is feasible, afforded a degree of protection from the environment.
To buy any coin simply with the expectation of realizing a profit is a road that many people follow.
And many people have been disappointed.
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Pillar of the Community
United States
1374 Posts |
Another thing to consider is even if your coins go up in value, what was the change in the purchasing power of a dollar during that time? Inflation can eat your lunch. Although coins are much more stable, the collectables market will feel the first hit. Just ask baseball card and beanie baby collectors.
How much will your coins be worth if gas jumped $1.00 a gallon tomorrow?
Let's say I pay $500 for a coin. Two years later, I sell the coin for $600. I can guarantee you that in two years, I could have flipped that $500 more than once. This is opportunity cost.
Edited by Drsandman2
02/19/2012 10:58 am
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Rest in Peace
United States
4849 Posts |
Quote:
thanks for the help
i wont be buying anymore slabbed coins ,if there prices don't go up in the future
what the use you cant make money on them
i appreciate the help, this community is awesome This is a very generic question. Some coins go up and others go down over time, but this has nothing to do with whether they are slabbed or not. People buy more expensive coins in slabs for security purposed, so they have a better idea of the value of the coin and know that it is genuine. Also, resale of expensive coins is MUCH easier to do if the coin is slabbed. In general, if you are a novice and are spending $500 on a single coin....I'd HIGHLY recommend that you buy one slabbed for your own security and ease of resale in the future. |
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Pillar of the Community
United States
1934 Posts |
If you go to the pcgs website and look at their price lists, there are green (up) and red (down) arrows indicating the trend of value for the coin a their various grades.
I think the value of slabbed coins is more in the assurance of authenticity and certified grade, particularly in the higher grades.
Edited by j_h_s
02/19/2012 11:06 am
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Pillar of the Community
United States
597 Posts |
no no no coins graded 99% of the time bring a premium at auction over non graded it pays for the grading get it graded if it is worth over $100 for sure I have never lost buy grading then selling profits went up 29% over night from the ungraded coins I was selling this has held now for 3 years and sometimes you cant sell at some auctions because they only sell graded coins
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Bedrock of the Community
United States
14454 Posts |
since this is in the classics section I will answer for classics only. The value does change on graded examples over raw examples of classic coins when it is a reputable TPG that did the grading (PCGS,NGC,ANACS). Modern coins sometimes it can but others it doesn't make any difference. There is no guarantee that the 500.00 coin you bought today will be worth more than 500.00 in 2-6 years down the road, that all depends on the coin and on if you paid to much at the time and other factors. Not all MS-64 coins are equal, it depends on the eye appeal, the specific design type of the coin and many other factors. But "usually" a graded classic coin should sell easier and for a higher price than a raw coin in the same condition |
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Replies: 11 / Views: 1,443 |
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Posted 02/19/2012 12:06 am
