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Certified Vs Not Certified

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Jaymon74's Avatar
United States
844 Posts
 Posted 01/03/2014  1:03 pm Show Profile   Bookmark this topic Add Jaymon74 to your friends list Get a Link to this Message Number of Subscribers
So last night I'm on ebay looking to find a nice 1945 micro s Mercury dime. (MS-60 or better) I've been wanting another for my collection and none of the local shops have one. My question is: what kind of extra value does having a coin certified and slabbed add to a coin over book value? It seems a little outrageous to me on the price differences! Not only that, but the "buy it now" prices are all over the place! Some lower grades are higher than higher grades. I'm really not into slabbed coins anyway... just curious. Needless to say, I didn't bid on one.

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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 01/03/2014  1:21 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Have you looked on Collector's Corner?

I did a quick search there and found an uncertified example for $45. It did have mottled toning which the pictures made it look heavy/dark.

Another example on there was graded MS-64 by PCGS. It was priced at $49. The pictures wouldn't come up for me though. The listing was current as of 12-30-2013.


-MV
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woodcr's Avatar
United States
403 Posts
 Posted 01/03/2014  1:23 pm  Show Profile   Bookmark this reply Add woodcr to your friends list Get a Link to this Reply
I temporarily started to get slabbed coins but being older than dirt I am just partial to
holding coin in hand, you just have to know how to grade, you may not however want to put ms
coins in an album, choice is yours but I just like being able to hold actual coin in hand.
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Jaymon74's Avatar
United States
844 Posts
 Posted 01/03/2014  1:38 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
I'm not "older than dirt" But I feel the same way woodcr. I have some analogies for the way I feel about slabbed coins, but this is a family forum.

I will check Collectors Corner, those prices sound more reasonable. I do like my coins not toned and not mottled, so I may be checking with them on a regular basis til I find one that suits me.

Still looking for the answer as to what kind of added value to expect for certified vs not Certified.
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shadowtrooper78's Avatar
United States
1370 Posts
 Posted 01/03/2014  1:47 pm  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list Get a Link to this Reply
I think its a matter of opinion. To me a slab isn't value adding just value re-assuring perhaps. I mainly collect Morgan dollars and if I'm needing a specific date where there is a huge difference in "value" between one grade and the next ...and I'm wanting that next level grade I'll pick up the slab. But if I'm looking at a raw Morgan MS 63 common date vs a slabbed one that has less eye appeal with the same grade and the pricing is the same I'll pick up the raw one. Slabs do help for re-sale....not as much bickering on grade.
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United States
3184 Posts
 Posted 01/03/2014  1:58 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
for a micro S, a non slabbed one is fine.

For a key date like the 16d, 42/1 I would want slabbed
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Jaymon74's Avatar
United States
844 Posts
 Posted 01/03/2014  2:02 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
That makes sense shadowtrooper78. It would be worth it for a high dollar coin both purchasing and selling. For example: A 1932D quarter dollar, or a 1909S VDB. I would want those certified. For my collection that's probably the only coins I would search out a certified. Lesser coins such as what I'm currently looking for doesn't make sense for what they're asking.
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chesterb's Avatar
United States
1261 Posts
 Posted 01/03/2014  3:02 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
If I can't see the coin in person then I want to purchase a slabbed coin. For an on-line purchase with images, I want slabbed as well unless it is from a respected dealer that a I can talk to like JJ Teaparty. I have seen too much imaging "trickery" to trust the online images. Plus, with the proliferation of TPG, I am always skeptical as to why the coin isn't slabbed to begin with. Once it's in my collection then I just keep them stlbbed so I know they're protected and will be easier to dispose of if I ever decide to liquidate it for some reason.

So, with that said, back to the original question. It's hard to answer how much more a coin is worth slabbed vs. unslabbed. For me, I'm not buying most coins on ebay unless they're slabbed. At my trusted LCS, I will be able to see the raw coin in person and I do not care as much if it's slabbed or not.

{Edited because of my iPhones stupid spell checker changing every word from slabbed to stabbed.}
Edited by chesterb
01/03/2014 6:42 pm
Bedrock of the Community
United States
20753 Posts
 Posted 01/03/2014  5:27 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
More ane more collectors are becoming slab happy. Everything and anything has to be slabbed. At coin shows I see more and more coins worth so much less than what may have been spent on slabbing. Coins worth a few dollars now in a slab, that is just becoming nuts. And a 1945 Micro S is really common and not a coin that would be counterfeited. You just have to find a coin show. Those are there all the time and for not a real lot of money in even the highest grades. So many times I've purchased coins in a slab that never should have been slabbed. And I always tell the seller I would never pay extra for a slab.
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vermontensium's Avatar
United States
16677 Posts
 Posted 01/03/2014  6:28 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I personally don't slab anything that has a FMV of less than $150. Even then, it depends what it is.

I have a 1918/7-D Buffalo nickel that I found cheap! That one was a no brainer when it comes time to sell. It's in PCGS plastic.
swcoin.ecrater.com
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Jaymon74's Avatar
United States
844 Posts
 Posted 01/03/2014  10:22 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
Great replies guys. So for those of you that are able to

go to coin shows, (I've never been to one) what kind of

mark up do you see on reputable TPG certified coins? From

what I've seen on ebay, they're with their prices!
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