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 Replies: 9 / Views: 1,449 |
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Valued Member
United States
127 Posts |
Recently I purchased a group of Roman silver Denari, all of which are high grade. As I expect to sell some of them, should I slab them? My collector instinct says no, but I am unsure of the resale opportunities. Any thoughts?
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Rest in Peace
United States
17900 Posts |
Please share the specifics of the coins you are considering. In general, I don't consider coins of less than $200 retail value to be candidates for TPG's. But that is just my level. We know some collectors think a $4 coin is worth sending to a TPG because we see them all the time. Providing photos of the coins you are thinking about would help us a great deal in offering more exact opinions. |
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Pillar of the Community
United Kingdom
2624 Posts |
I always say "let them stay free" but I guess that's because I would never buy a slabbed coin.
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Moderator
 United States
23731 Posts |
Generally collectors of ancient coins don't like to slab their coins. For me I avoid buying any ancient slabbed coin because of the additional cost for the slab only to break it out once I receive it.
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Pillar of the Community
United States
6130 Posts |
A TPG slab (from a reputable TPG) can help authenticate a rare, often-counterfeited coin. That can be somewhat of a value-add if you plan to sell on ebay. Otherwise. I would say it's a waste of $20, since the buyer is most likely going to break it out anyway. |
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Pillar of the Community
United Kingdom
2624 Posts |
That is exactly right... the exception to my rule about slabs is when a coin that is particularly frequently faked is up for sale on ebay. I have only one slabbed coin in my collection and it is a British mule coin (dateless 20p) there is a huge scam of people posting photos of the reverse of two different coins and sending you a normal twenty pence so the presence of the slab protected me from such an occurrence. In the UK we haven't really bought into the TPG thing like the Americans have, and with ancients it isn't really popular in either place. So I think it would take exceptional circumstances like the aforementioned to warrant it on coins you are selling online. |
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Pillar of the Community
Australia
1006 Posts |
Well I am going to be the odd one out here because I often will only consider ancient coins graded by NGC or in certain circumstances a raw coin with the end game of getting it graded.
Although to determine whether a coin should be graded without photos would be a guessing game at best (the price is right anyone? :P.) So your best option would be to post photos and we can give opinions on which should and shouldn't be graded.
Also if selling with Heritage Auctions it would be immensely in your favor to get them graded less so with Stacks and Bowers but advantageous none the less
Edited by oh my florin
03/12/2016 05:26 am
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Valued Member
 United States
127 Posts |
Thank you for your insights. The coins in this group are in the $60-100 retail range, grading extra fine (US grading). I wasn't sure if TPG was desirable. Since my cost was minimal, the TPG expenses would not affect the sale price. |
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Pillar of the Community
Australia
1006 Posts |
If in the 60-100 range they probably would not be worth grading
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Pillar of the Community
Canada
1269 Posts |
I have only bought one coin in a slab and I cracked it out of its plastic prison. It is important to remember that NGC does NOT guarantee the authenticity of the ancient coins it slabs. It says so right on their own page. I consider slabs a waste of time and money. In addition it means that you cannot actually handle the coin. Many ancients collectors like to handle their coins. As for authenticity, important components include the diameter and weight of the coin. It is not possible to get these measurements while the coin is in a slab.
Rant over.
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Replies: 9 / Views: 1,449 |
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Posted 03/11/2016 1:23 pm
