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 Replies: 8 / Views: 2,216 |
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Pillar of the Community
 United States
5674 Posts |
In terms of selling more expensive coins on ebay, are there certain coin types, series, or specific coins that really require TPG authentication to maximize value (because of high numbers of counterfeits)? Trade dollars and pre-1933 gold come to mind. Any others? |
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Pillar of the Community
United States
2843 Posts |
I would add error coins such as 3 legged buffalos and no mint mark rarities. The kind that can be filed down from a regular one to make it seem like the rare one. Obviously something like a copper 1943 would need TPG. |
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Pillar of the Community
 United States
5674 Posts |
Also I suppose rarities like the 1909-s VDB Lincoln. If I'm more concerned about authentication rather than getting a grade of a circulated coin, would using ANACS be sufficient, or would a PCGS authenticated coin still carry a premium in the market?
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Bedrock of the Community
Australia
21788 Posts |
Most of my more expensive buys have come from public auction. I always attend the view day, when I make a single written bid. I much prefer to examine raw coins in hand before purchase, so have never bought via ebay, thus I don't have a single slabbed coin. |
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Bedrock of the Community
Australia
21788 Posts |
Slabbed coins are probably a safer way to go, if buying via ebay. The TPGrading helps to take away most grading disagreements. That allows the buyer to have a bit more confidence in the seller, but there are many other pitfalls in buying and selling on ebay. Slabbed coins may present some incompatible diaplay / stroage problems in your otherwise unslabbed collection. |
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Valued Member
Germany
303 Posts |
Well to be honest here in Germany slabs are rather uncommon so I guess it would not really make a difference if a coin was offered slabbed or not. I got the feeling though that offering raw coins on ebay in the US is a bit problematic if they are not slabbed. Sometimes it seems that slabbed coins can easily get overpriced so I guess for a seller, from a certain value on getting coins graded by a TPG absolutely makes sense. |
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Pillar of the Community
Australia
7096 Posts |
In Australia there was a widespread culture of overgrading and selling cleaned coins as problem free by both dealers and individuals. Thankfully PCGS and NGC have started to help rid us of that problem. The market for slabbed coins is a relatively new concept here but it is catching on Fast because collectors feel more secure buying a slabbed coin than simply relying on a sometimes inflated/bogus grade and description of a coin. So to answer the OP's question. If the coin is a type that is known to be counterfeited or is a rare or scarce specimen/grade , Then YES get it graded before sale  |
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Pillar of the Community
United States
4593 Posts |
If you list it starting at 2500 or more, it must be slabbed by one of the four recognized slabbers per ebay policy. Realistically, as a buyer, if it's one of the keys or common counterfeits (14D Lincoln Cent for example), I'm only going to look at slabbed coins. -----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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Pillar of the Community
United States
5674 Posts |
I certainly don't expect to be listing any $2500 coins on ebay...! Although I understand some people prefer to examine and buy raw coins, it does seem that not slabbing and authenticating a commonly faked coin will limit the pool of willing buyers online. Thanks for the comments. |
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Replies: 8 / Views: 2,216 |
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Posted 05/29/2016 1:24 pm
