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 Replies: 22 / Views: 3,984 |
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Valued Member
United States
117 Posts |
(Sorry, wrote so much) My silver collection seems to want to evolve towards the slabbed versions. I've been pulling my hair out for weeks now, trying to figure this all out. I'm currently collecting 1 ounce silver bullions, trying to get different coins from around the world. I originally wanted non-slabbed coins, since it's cheaper and easier to obtain. But now that I'm getting into the expensive silver, the slabbed versions are almost the same cost. I've been afraid to buy anything slabbed, since it doesn't look right, next to a bunch of air-tites. Plus, I don't want to have half a set in air-tites while the other half in slabbed. And a good example of what I'm talking about is the Deadly and Dangerous coin set, from Australia. APMEX has the coins that comes with COA and a silly box, AND they also have slabbed ms70 ones for just $10 more or so. So what I'm asking everyone is, would you get a slabbed coin, if everything else you owned wasn't slabbed. And the reason I have PCGS vs NGC is that I'm not sure which is better or worse. Are they basicly the same? I've always thought PCGS was better, but there seems to be a lot more NGC out there, at least for the non-U.S. bullions/coins/whatever it is now. I first thought PCGS is US coinage, while NGC is everything else, but I've seen some bullions from other countries in PCGS slabbs, so that threw that idea out the window. I just know that PCGS and NGC slabs are different sizes and I'm sure it'll be ideal to just stick with one brand, but does that really work out for everyone else who buys slabbed coins? If it is possible, would opening a slabbed coin just to get it graded from a different grader, even worth it? So many different questions and stuff, so feel free to answer what you can. And opinions are always appreciated, especially from the OG's who've been in my situation and maybe explain how they evolved from their collecting. Forever stacking, but changing the way it piles. :P |
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Bedrock of the Community
13014 Posts |
Quote:
And the reason I have PCGS vs NGC is that I'm not sure which is better or worse. Are they basicly the same? I've always thought PCGS was better, but there seems to be a lot more NGC out there, at least for the non-U.S. bullions/coins/whatever it is now. PCGS has been expanding what they do, but NGC gives out more perfect 70s which is why you will see more of them. It makes their 70s cheaper, but also means they have less resale value. PCGS carries the highest market premiums Quote:
I just know that PCGS and NGC slabs are different sizes and I'm sure it'll be ideal to just stick with one brand, but does that really work out for everyone else who buys slabbed coins?
Theres boxes or binders you can get that work for both. I only get PCGS slabs personally. But there are supplies like light house graded coin pages you can put in a binder where it wont make any difference if you have more than one type if thats what you wanted to do. Quote:
If it is possible, would opening a slabbed coin just to get it graded from a different grader, even worth it? There are times where it would be worth it, but for modern coins its not. Modern coins that were never meant for circulation basically only carry large premiums if theyre the perfect 70. If you tried to send a NGC 70 to PCGS youd more than likely get a 69. Way to much risk. If you want them to all be 1 company just go ahead and buy it how you want it from the start it will save you money in the long run. |
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Valued Member
United States
148 Posts |
Are you confident in your ability to properly identify and size-up these high premium coins? If you are, then save the money buying the raw coins. If you're not, buy the slabbed for peace of mind.
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Pillar of the Community
United States
716 Posts |
I really can't answer all your questions, so I will tell you how I'm handing my collection and you can take it for what is is worth. I am working on a complete IHC collection. Ideally, I prefer raw coins over graded, mainly because they are usually cheaper and I prefer to look and handle my coins not through a slab. I bought a Dansco album to house my collection and my goal eventually was to see very slot filled. I have purchased most of the common date coins and I am beginning to seriously purchase some of the key and semi keys. However, with the increased quality of the counterfeits on the market I really don't feel confident buying many of these coins raw, esp. the 1877. So I have begun to buy some slabbed IHC from both PGCS & NGC. I thought about cracking them out and putting them in my Dansco, and if I knew that I would never sell my collection that would be the option I would chose. However, none of my children are in the least interested in collection. So some day I will probably sell the collection, and so I will probably keep my coins in slabs and there will always be empty slots in my Dansco. |
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Pillar of the Community
United States
2543 Posts |
 I also collect world silver. I like having perfect coins , but I also like to handle and examine my coins. So I collect sets of both. I have a set of raw Pandas and a set of PCGS 69/70 Pandas. The same with Libertads and ASE's. Basically everything you want to know is part of an extensive on going discussion(battle) amoung collectors here and everywhere. The information you want has been thoroughly covered in the TPG forum. Any thing posted in answer to your thread has been covered there or search NGC vs PCGS and you will get your answers. |
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Bedrock of the Community
13014 Posts |
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Basically everything you want to know is part of an extensive on going discussion(battle) amoung collectors here and everywhere. There also seems to be a large generational gap with this too. Younger collectors either like/prefer slabs or at the very least are fine with them where many of the older collectors seem to be dead set against them. doesn't really change anything but it is interesting to note |
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Valued Member
 United States
117 Posts |
It makes sense to me that NGC gives out ms70's a lot easier then PCGS, since I can hardly find a ms70 from PCGS of the same coin, but I seem to be able to find full sets of ms70s from NGC. I was hoping they were exactly the same, since it would be easier to only get NGC, but after Basebal21's comment, I think if I do go slabbed, I'll stick with PCGS, even thou it'll probably be harder to complete some sets. Good thing I asked, because if I did buy a bunch of NGC ms70's and got them regraded by PCGS and receieved a lower grade, I'd probbaly quit collecting with so much
And berk, I have NO faith in myself when it comes to grading something. They all just look nice and shiney to me, or just very dirty, haha. That's another reason why I'm leaning towards graded/slabbed coins.
Beaglebailey, that whole fact that you can't really put all your collection into a perfect holder, really bugs me. I've been hoping for something that I haven't noticed, but I guess not. What a bummer.
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Pillar of the Community
United States
2543 Posts |
The bottom line is , and you will hear it a thousand times, buy the coin, not the holder.!!
The difference between PCGS MS 70 and NGC MS 70 is about $5. Grading is one of the most subjective things you will ever spend lots of money on.
Yes there are definite guidelines that everyone adheres to , but it is still three people sitting in a room with lighting and magnification, giving their opinions.
Yes it is still a business, but do you create more business by giving out more MS 70 coins trying to entice more people to send you coins to get 70's or do you harshly grade coins , trying to create an artificially inflated after market for your 70's.
Or, of course do you just grade 'em as you see 'em ?
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Valued Member
United States
117 Posts |
Thanks Denco, I'll be reading that part of the forums for a while now. I guess this should be moved thread should be moved to that section as well, since it doesn't belong in the bullions area, my bad. AND your a genius. I guess making two sets makes sense. Man, this silver hoarding is starting to get out of hand, haha.
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Bedrock of the Community
13014 Posts |
Quote:
It makes sense to me that NGC gives out ms70's a lot easier then PCGS, since I can hardly find a ms70 from PCGS of the same coin, but I seem to be able to find full sets of ms70s from NGC. I was hoping they were exactly the same, since it would be easier to only get NGC, but after Basebal21's comment, I think if I do go slabbed, I'll stick with PCGS, even thou it'll probably be harder to complete some sets. Depending on how much your getting into world coins or the different series PCGS could be difficult. There are a lot of NGC 70s that are true 70s, its really splitting hairs at that point, they just grade more as 70s. Trying to cross either to the other wouldnt turn out well in the long run. Really though if you have a 70 no need to cross it unless its from a basement slabber. The premiums will vary a bit from set to set, some will be close for PCGS and NGC and others will have a wide gap it all just depends on how many there are of that one. You can check the populations for pcgs at http://www.pcgs.com/pop/ and see if your sets would be doable or not for what you want. The other thing to mention too is be careful with new releases. At first they can sometime go for big money to later find out that a lot of them get the 70 and they lose some value. One of the things I do is check the population report and see the % that are getting graded a 70. If the percent is the norm you know itll probably climb substantially for the number of 70s. But if its like the 2012 ASE set where PCGS graded a very low percentage of the coins a 70 you can be comfortable the prices will hold or climb |
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Pillar of the Community
United States
3184 Posts |
honestly buy the coin not the holder. So if you see a NGC coin that looks better than the PCGS one, buy the better one and vice versa. PCGS and NGC are the top grading companies and have slabbed millions of coins worth hundreds of millions of dollars. ANACs is doing pretty good as well. Buy from those 3 and you shouldn't have a issue
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Valued Member
United States
151 Posts |
I don't go after graded coins, I only have one so far, that I only bought because it was the coin I wanted for a good price. I didn't even notice it was graded when I ordered it online, so I was shocked to see it in a NGC slab (MS69 2009 1/4 Sovereign). I didn't like the slab at first, Fondling my coins/bars is a must for me . . . but . . . the slab has grown on me I have to admit. I would only buy a slabbed coin at a premium if it were a minimum of 50 years old. Otherwise I want my 'pretty' coins in a box with CoA, with as small a premium as possible.
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Valued Member
United States
148 Posts |
I'm wondering about the future of slabbed coins. It's only been recently in the last several years that they've emerged as a huge market. (of course people have probably graded coins for centuries probably but it was never organized or official like it is today).
Will slabbing grow in popularity and become a must for almost every type of valuable coin as a result of counterfeiting or will their popularity wane and be replaced by something else?
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Bedrock of the Community
13014 Posts |
It will more than likely grow in popularity over the years. Most of the people who dont like slabbing are the older collectors who didnt grow up with it or had been collecting for generations when they came out. The next wave of collectors is fine with it and the wave after that will have known slabs since day one. That and its a must for some coins anyway by now with how good fakes have gotten. The companies may change a bit along the way but I dont see it going anywhere
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Valued Member
United States
151 Posts |
I assume that since coins themselves are in some cases being expertly counterfeited, so can/will/is(?) slabs from the various respected grading companies . . .
Edited by auptpdag1995
12/16/2012 6:09 pm
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Bedrock of the Community
13014 Posts |
There are fake slabs, theres more you can do with a slab though to prevent that than with a coin. At some point theyll contain chips or other security features as technology allows, you cant go back and put chips or redesign old coins though
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Replies: 22 / Views: 3,984 |
Posted 12/15/2012 8:12 pm
