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 Replies: 14 / Views: 1,721 |
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Valued Member
United States
292 Posts |
Would you trust a company named "Basement Slabbers". The acronym has a nice ring to it.
Joking aside, I think it would be interesting if someone took up grading true basement slabbed coins as a hobby. They could create a slab that encases the coin and the original basement slab similar to how NGC slabs the GSA holders.
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Pillar of the Community
United States
1796 Posts |
Quote:
Would you trust a company named "Basement Slabbers". The acronym has a nice ring to it. I've always wanted to start a TPG whose initials came out to "IMHO". :-) Quote:
Joking aside, I think it would be interesting if someone took up grading true basement slabbed coins as a hobby. They could create a slab that encases the coin and the original basement slab similar to how NGC slabs the GSA holders. Think of the iterative possibilities! Slabs for slabbed slabbed coins could be the next big thing who knows? :-) |
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Valued Member
United States
123 Posts |
Isn't that what CAC is for?!?!? All kidding aside it is kind of crazy that there's a market for someone to certify the certifier. But guilty as charged I do have a few CAC coins. The ones I like the best are a couple of F12 PCGS Barber halves which CAC certified. Makes me feel real warm and fuzzy to know they really are F12! |
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Valued Member
United States
132 Posts |
Maybe its time for CACC to come into play... Certify the certified certifier?
-Dan
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Valued Member
United States
223 Posts |
Don't think anyone would want to touch any Basement Slabbers. Most of them are problem coins or are severely over graded. But you can always but them cheap, crack them out and put them in empty slabs yourself.
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Bedrock of the Community
United States
10284 Posts |
I don't know how one could appreciate a coin through all that plastic. Resubmit to a competitor and it comes back in third capsule on top of those two! A new slogan ...? "Buy the basement slabbers slab, not the coin in the basement slab."  or "Buy the coin, not the holder, in the holder, in the holder. |
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Bedrock of the Community
Australia
21786 Posts |
An F-12 coin in three layers of plastic?  |
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Valued Member
 United States
292 Posts |
Baha. I'd be sold on the novelty factor of a coin with the primary slab stating "MS70" and then the secondary slab stating something "Actually a MS62, nice try!" It'd be entertaining. I definitely wouldn't want any key date or overly valuable coins inside the double-slab.
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Valued Member
United States
333 Posts |
In all honesty, a slabbing service dedicated to one series, say Lincoln cents, could be of valuable service. Having coins in slabs is something a collector who is unsure of his grading abilities may like to have encapsulated but it is economically unsound to have most of the years slabbed. A cheaper service built on slabbing for a modest fee of $5 -$7 could be a viable alternative provided that the graders are accurate.
Of course, that doesn't mean that they will receive recognition as being anything more than a basement slabber.
Perhaps you could also encapsulate using decimals. This coin is MS 65.5.
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Pillar of the Community
United States
1796 Posts |
Meh decimals is probably what PCGS will do next after their adoption of the + designation.
The Sheldon Scale is already stretched too thin. :-)
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Bedrock of the Community
United States
20753 Posts |
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Meh decimals is probably what PCGS will do next after their adoption of the + designation.
The Sheldon Scale is already stretched too thin. :-) Should be a 100 scale anyway. And using decimals too so a more accurate grade could be specified. An example would be something like MS-94.8832AP for Approximately.  I have no slabs of any kind. If purcahsed in a slab, I take it out and put the coin in an Album. |
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Valued Member
United States
284 Posts |
Maybe you can make festivly decorated slab slabs and get in on the ground floor of a new trend like all the new different "special" labels that are out there. Or make the rims of the slab slabs out of .999 fine copper or tin.  |
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Pillar of the Community
United States
3294 Posts |
Wouldn't each coin have 2 grades? One for the coin, and one for the internal slab? So a coin could be VG10 and the slab AU55 for a net MS65
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Pillar of the Community
Russian Federation
5172 Posts |
I agree that the Sheldon scale is stretched too thin - but on the other side! I mean, I personally have a 1923-S dollar that is an obvious AG-2.5*, but since there's no such thing as a 2.5 it has to be "graded" as Fair. More on-topic: if I ever start my own " TPG company", it would use grades like "F-VF", "XF++", "AU-" and "G-ish", and very, very rarely grade a coin MS (while most of actual MSs get a standard "shiny as new" grade of AU++, right there with AU-58s). Also maybe a "VF details" (or F or VG or G, depending on the coin in question) grade for coins so darkly toned (as is common for copper) it's hard to see anything. Oh, and as for the slabs: not only there's no slabbed coins in my own collection, I don't think I've ever seen any actual slabbed coins for sale - they seem to be hard to come by this side of the Arctic. I do, however, have a few holdered coins (i.e. in 2x2 holders), which are for me the equivalent of slabbed ones in that they can't be properly put in an album (and some of them even have their "grade" mentioned on the holder - which more often than nor is "UNC" aka AU++). *) Probably closer to 2.7 actually. By the way, that's the only US silver dollar I own so far - never really had an opportunity to buy any other one for anywhere near melt and just couldn't bring myself to buy any common one for anything above $40. |
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Bedrock of the Community
United States
17884 Posts |
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I don't know how one could appreciate a coin through all that plastic. But don't you realize that appreciation of the coins is of secondary importance (if it matters at all)? What really matters is what is printed on the labels. It doesn't matter what the coin is like, what does the label say? Quote:
Meh decimals is probably what PCGS will do next after their adoption of the + designation. Probably, in house they already use all 101 single decimal point grades between 60 and 70 inclusively. So it is probably coming eventually. |
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Replies: 14 / Views: 1,721 |
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Posted 03/26/2012 4:22 pm
