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 Replies: 28 / Views: 4,687 |
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Valued Member
Australia
218 Posts |
I don't think dealers get them slabbed, just so they can pass on the cost... they slab them probably because they are easier to sell to the average person.
Admittingly, the whole pcgs thing is marketed extremley well, I guess in an unbiased, honest, educated world, there would be no need for it.
I collect comics too and their equivalent to pcgs is cgc. It will come a time in future when highest grades will be pushed up so high and highly fought and sought after, just as what happened in the comic world. The population reports will show 1 or maybe 2 of a certain coin in like ms67 and that will sell for a crazy amount of dollars...it will then be advertised as highest known, graded, etc...
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Pillar of the Community
Australia
4411 Posts |
Several dealers already market slabbed coins as the finest or equal finest known. Universal Coin co are one that springs to mind. |
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New Member
 Australia
43 Posts |
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Valued Member
Australia
218 Posts |
Yeah it's probably more obvious in cheaper coins. I guess a dealer has a lot more overheads to cover! But fair enough comparison..
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Valued Member
Australia
157 Posts |
IMO that ebay raw 1960 shilling wouldn't get ms65 , anyway if you look around you should be able to pickup a cheaper slabbed 1960ms65 shilling ,to my surprise I saw one sell for $19 on a online auction site not long ago. |
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Pillar of the Community
Australia
1295 Posts |
There's no way in the world that coin would grade MS65.
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Pillar of the Community
Australia
7096 Posts |
Edited by trout1105
07/22/2012 06:50 am
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New Member
Australia
43 Posts |
The scratches in front of Lizzy's chin in the fields are bag marks?
Markn they mark up auction bought coins 80%!? I thought auction is an expensive way to buy?
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Pillar of the Community
United States
3294 Posts |
Some people don't really know what they are doing. I saw the list of coins that my coin dealer sent to NGC for people and someone had sent an F-12 1944D Wheat cent, a VG8 1945S nickel and an XF 1964 quarter. |
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Pillar of the Community
Australia
1295 Posts |
Hi Ryan, Well I don't know what the general auction markup is but a big ebay seller listed up a bunch of stuff the other night they bought out of the last Status and Downies Auctions. That seemed to be the general markup he/she was using. Mark |
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Pillar of the Community
Australia
1295 Posts |
That raw shilling is a great example of a reputable seller not grading a coin properly. If you are not confident you can grade from an image then looking out for that coin in a PCGS MS65 slab is going to get you a lot better coin. If you're patient you can probably get it for not much more than that raw bit of rubbish.
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Pillar of the Community
Australia
1295 Posts |
Quote:Several dealers already market slabbed coins as the finest or equal finest known. Universal Coin co are one that springs to mind. It's not a practise limited to those who sell third party graded coins. Almost all of the major auction houses in Australia use the term "finest known" and "probably finest known" and "one of the finest known" with reckless abandon. Noble's is especially renowned for splashing "finest known" around their auction catalogues like salt on chips. |
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Valued Member
Australia
218 Posts |
Quote:
Noble's is especially renowned for splashing "finest known" around their auction catalogues like salt on chips.  Love it... |
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Replies: 28 / Views: 4,687 |
First Page
Posted 07/22/2012 02:57 am
totaly with Markin
