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Why On Earth Would Anyone Get This Slabbed?

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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 06/21/2015  8:17 pm Show Profile   Bookmark this topic Add CoinHuntingDrew to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/1912-P-Libe...em3aac90194f

I mean, unless it was for a lowball set which I doubt.
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Jaobler's Avatar
United States
6384 Posts
 Posted 06/21/2015  8:27 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Maybe someone needed one more coin to make up the minimum submission limit for the Economy service tier at ANACS.
Or, maybe someone is assembling a grading set of Liberty nickels.
Of course, many people have a drastically unrealistic opinion on the grade and/or value of their "old coins". Grading services are happy to separate these folks from their money!
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atticguy's Avatar
United States
1373 Posts
 Posted 06/21/2015  8:36 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
Unless the owner thought it might have been an 'S' mintage, you are right: it doesn't make sense.
I don't save nickels order than Buffalo's, but if I did I wouldn't pay more than $1 for it. On second thought, even though I buy lots of lower graded coins, this one is even too low for me. The reverse is fair, but the obverse is much too worn for my taste.
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lovecoins's Avatar
United States
331 Posts
 Posted 06/21/2015  8:50 pm  Show Profile   Bookmark this reply Add lovecoins to your friends list Get a Link to this Reply
to be fair the cost for submission is 15 bucks I believe and some people see the date and think "ow I have a 2 billion dollar coin
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johntookit's Avatar
United States
589 Posts
 Posted 06/21/2015  10:14 pm  Show Profile   Bookmark this reply Add johntookit to your friends list Get a Link to this Reply
I can't make fun of this because I went one step further. Last year bought two truly ugly common date detail coins from HA.com for $10 for both coins and I think they are worth about a dollar apiece. Here is where it get better, there was a $28 buyers premium and $9 shipping.

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United States
5206 Posts
 Posted 06/21/2015  10:51 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Most likely because it meant something to the original submitter.

I sent this one in to ANACS so I wouldn't misplace it.

It was one of the 2 SLQ's I had as a kid when I first started collecting before I stopped for 20+ years. I know the other one was pre 1925 but lost it in the album as I stared to add new purchases. I remembered this was one of the 2 because of the "circulated cameo"

I bought the 1927 in the picture cheap and asked myself the same question at the time but figured it had meant something to someone at sometime so I went for it.

Why-On-Earth-Would-Anyone-Get-This-Slabbed?
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 06/21/2015  11:04 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
Yeah, that's kinda how I am with my 1983 DDR I found CRHing. I've been meaning to send it off to PCGS, because it completely deserves it IMHO lol.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 06/22/2015  09:50 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
That 1912 nickel could've once been in the pocket of a Titanic survivor! Some fish story, huh?
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bandsdean's Avatar
United States
2125 Posts
 Posted 06/22/2015  11:07 am  Show Profile   Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
Titanicly fishy indeed.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 06/22/2015  11:09 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply


I agree that it may have been special to the original owner.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/22/2015  4:09 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Well, we'll never know. But I ask myself the same question every time I see something on E-bay that goes for a bukc or two.
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GR58's Avatar
United States
11951 Posts
 Posted 06/22/2015  4:55 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
It is even more special now.

We are all talking about it.
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cipster's Avatar
United States
2362 Posts
 Posted 06/22/2015  7:52 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
Maybe the owner had some freebie attributions from ANACS. I have a couple of them from when ANACS messed up a coin attribution I submitted. That reminds me - I haven't used them so maybe I should send in that 2002 messed up zincoln I got in change today.
Member ANA and EAC

"You got to lose to know how to win".
Dream On by Aerosmith
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Biedercoins's Avatar
United States
1601 Posts
 Posted 06/23/2015  09:35 am  Show Profile   Bookmark this reply Add Biedercoins to your friends list Get a Link to this Reply
What if you had a little kid who collected coins and this was his "bestie". You want to make it extra special for him/her so you .....
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United States
20753 Posts
 Posted 06/23/2015  10:49 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I too can't figure out why people do that. I've seen so many slabbed coins at coin shows selling for a fraction of what it costs to have it slabbed. In some instances it appears the plastic is worth more than the coin.
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BStrauss3's Avatar
United States
4591 Posts
 Posted 06/23/2015  11:10 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I've sent a couple cheapies in to ANACS so they're slabbed like the rest of the collection.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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