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Replies: 17 / Views: 3,055 |
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Pillar of the Community
United States
4932 Posts |
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Pillar of the Community
United States
4085 Posts |
Not everyone believes is slabbing their coins and there are surely a number of quality coins locked up in old time collections that occasionally come back onto the market.
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Pillar of the Community
United States
3343 Posts |
That's a pretty penny.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
 United States
5828 Posts |
 it is Many coins part of large collections that have been in boxes or cabinets can be left alone for decades, so who knows where this coin came from?
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Bedrock of the Community
United States
12057 Posts |
One of the largest collections of Gem BU & Proof Flying Eagles & Indian Head cents in numismatic history was stored entirely in Dansco albums.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Bedrock of the Community
United States
94367 Posts |
Correct. I think in this case, if it were mine, I would send it in and hope for a bingo. Could always crack it if disappointed. 
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Pillar of the Community
United States
827 Posts |
Does this coin look real to you Indian experts?
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Pillar of the Community
United States
1450 Posts |
I have bought coins from this guy before and I think he is on the level. It is sort of odd that the coin was not graded and slabbed. You can see this guy is a major ebay seller. I was just looking at his Buffalo coins for sale and they are nice plus he is willing to bargain. The trouble with ebay is you only get three offers and then they cut you off just when it gets to nitty gritty. That is a really nice penny.
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Pillar of the Community
United States
1628 Posts |
Quote: Not everyone believes is slabbing their coins In my area its hard to find certified coins. I think most collectors like to be able to handle their coins or as COTW says, they just stash them away somewhere and forget about them. One of the dealers I frequent was giving an estate estimate on a few dozen gold coins the family found in a safe deposit box last time I was there. Everything was raw, including some Ca. fractionals. (first time I've seen any in person) I always kind of laugh to myself when I see people post statements like "everything worth grading has been graded." or something similar. To me that's a VERY limited view of a very diverse hobby.
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Bedrock of the Community
Australia
21786 Posts |
I don't like slabs.
If this coin were mine, it would have been screw encapsulated or simply in a 2x2, in a non PVC album page. I have a collection of over 4,000 coins, quite a few in MS 60 or better. No coin in my collection is slabbed.
Slabbing works best if you want to sell a coin, and you need to make it 'honest', with TPGrading. Perhaps if you have lots of slabs, you can use specially designed slab album pages.
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Rest in Peace
United States
18456 Posts |
Quote: That's a pretty penny. Yeah , they don't get much better than that .  If it was slabbed what do you think it would grade ? I'll say PR-68 .
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Pillar of the Community
United States
2543 Posts |
People don't realize that slabbed coins have only bee around since the late 80's. PCGS (1985), NGC (1987) and ANACS (1989) even though ANACS was been photograding coins, since the early 70's. The fascination with slabbed coins is a relatively new and recent thing. There are hundreds of years of collections that are not in slabs.
The big money coins that you see, are mostly just slabbed for authenticity and definitiveness before sale, not necessarily because the owners prefer them in slabs.
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Valued Member
United States
66 Posts |
The price is a pretty penny also. Lol
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Pillar of the Community
United States
4469 Posts |
I see that the coin sold. I figure that the buyer would need the coin to grade PR65 to break even on the purchase. Looking at buyer comments the seller has been known to juice a couple photos.
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Pillar of the Community
United States
7390 Posts |
I love how he says "give us a call if you see a coin you like and we can put it on ebay for you"... that cracks me up
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Pillar of the Community
 United States
4591 Posts |
Sold for $750.
I've watched coinman_2000's listings for a while (he has a lot of 3cs) and they seem legit.
-----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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Replies: 17 / Views: 3,055 |