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Slabbed Versus OGP, Value And Ability To Sell

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crazyglue's Avatar
United States
467 Posts
 Posted 10/10/2016  9:45 pm Show Profile   Bookmark this topic Add crazyglue to your friends list Get a Link to this Message Number of Subscribers


I have both a set of uncirculated and proof modern commemorative half dollars in both OGP and PCGS Slabbed.

I am about to get serious about modern silver dollars. That is a lot of coins (when you do both uncirculated and proof).

So I want to concentrate on either OGP or Slabbed. But can't decide.

I know there have been threads in the past about personal preference.

I am curious about resale and value.

In the future, do you believe it would be easier to unload a complete set of slabbed silver dollars (or one at a time, either way) or OGP silver dollars? Either proof or uncirculated. And which will hold value better?

I personally prefer slabbed because they are easier to store and take up less room. And they are uniform. I am a little weird that way-- but the different size and look of the OGP boxes (especially half dollars) just bug me.

Thanks
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Biedercoins's Avatar
United States
1602 Posts
 Posted 10/11/2016  06:29 am  Show Profile   Bookmark this reply Add Biedercoins to your friends list Get a Link to this Reply
If I was doing this, I'd most likely go for pre-slabbed. If you buy them in OGP but slab them later, keep the OGP in a box somewhere. I'm usually a little reluctant to get rid of OGP because it can add the kicker on a future sale.

The downside is that you have a box of empty boxes on the top shelf of a closet, but they could be a box of twenty dollar notes somewhere down the line.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 10/11/2016  07:43 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I prefer graded coins but have both. If you do decide to go the graded route then most of the time it is cheaper just to buy the coin you want, in the preferred grade and from the preferred TPG. Submitting your own coins gets to be expensive and sometimes disappointing. It all depends on quantity...sending one or a few for grading won't work.

Slabs ARE easier to store and display AND have a decently defined value. Raw coins are always subject to "issues" so their value is variable.

The only coins I personally submit are my "all-in" issues like 20th/25th Annie ASE's, recent medal issue and other infrequent low issue items. Getting those at base prices makes it worthwhile to add grading fees.

I do have multiple blue bins full of OGP....and occasionally send one to those who need them but...they will probably just sit in those bins.

My opinions....


Valued Member
crazyglue's Avatar
United States
467 Posts
 Posted 10/11/2016  12:17 pm  Show Profile   Bookmark this reply Add crazyglue to your friends list Get a Link to this Reply
Thanks for the input.
I definitely won't buy OGP and slab myself. It will either be OGP or pre-slabbed MS and PF 69.

I am going to start one way or the other and complete the set.

I am not trying to make a profit either-- the value questions is more about just not losing too much.

I don't collect coins for a profit...but I do end up unloading my completed sets at some point because I do not derive much joy from having them. I don't look at them much.

I am driven by the need to collect and the fun of completing the collection-- which is why the MS and PF Silver dollar modern sounds so fun-- that is a massive project.

But once it is complete, I will be like, "whatever" they are boring now.
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GR58's Avatar
United States
11951 Posts
 Posted 10/11/2016  1:42 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Tough question.

When I was doing my set of UNC commemorative dollars,
I had trouble finding some of the harder coins in OGP.

So some of my 95/96 Olympic coins are in NGC slabs.

I am now working on picking up all the proofs.

I am putting them all into Dansco albums, so raw coins are better
for me. Unless the price was so good, I will break them out of the
Slab.

It is hard to imagine which ones will be easier to sell in the future.

Maybe new/younger collectors are going to like slabbed graded coins.
I might lean toward doing the slabs .. if possible having the OGP in
storage.
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12274 Posts
 Posted 10/11/2016  4:29 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@crazyglue: From a read of your post...


Quote:
I personally prefer slabbed because they are easier to store and take up less room. And they are uniform. I am a little weird that way-- but the different size and look of the OGP boxes (especially half dollars) just bug me.

It seems like you've already made up your mind to collect the modern dollars in slabs!

But in case you haven't, I'll offer a few thoughts on how I collect the series.

- I collect the modern commemorative dollars in uncirculated rather than proof. I like the look of the UNCs and find they don't develop the milky haziness that I often seen with proofs (including those in slabs). That haze detracts significantly from the coin's overall appearance (in my eyes) and I'd simply rather not have to (potentially) deal with it. I know that not all of the coins develop this haze, but enough do to make me stick to the UNCs.

- If you check the market prices for UNCs vs. Proofs, you will find that the UNCs tend to sell for higher prices for many of the issues - almost always due to lower mintages. I would expect this price differential to continue to hold in the future.

- I collect the coins in OGP but I keep them in coin trays. Why? I like having the original packaging for the coins, but don't enjoy having to work through the packaging to view the coins. By storing the dollars in coin trays, I have a very uniform and compact storage system and can view 20 of the coins at a time. I keep the OGP in a couple of boxes in the closet, out of the way but not out of reach.

- Also, as all of the modern commemorative coins receive special handling, they almost all grade 69 or 70. So, I don't feel I need any of the grading services to tell me what I already know. I understand that there is a market for certified MS-70 coins and have nothing negative to say about those who collect them. After examining several hundred graded examples over the years, I don't feel the extra acquisition cost is worth it for me to pursue graded MS-70 coins. I've examined dozens of 70s that had more marks than many 69s. So, for me, nice examples in OGP work out just fine.


Here's a link to the coin boxes/trays I use: http://www.lighthouse.us/epages/lig...cts/MBCAPS38

Good luck with your decision!


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
10/11/2016 4:30 pm
Valued Member
Buzz Killington's Avatar
United States
81 Posts
 Posted 10/12/2016  12:14 am  Show Profile   Bookmark this reply Add Buzz Killington to your friends list Get a Link to this Reply
Similar to commems, I collect these modern issues only in OGP, and in their original capsules, but I keep them in a 2x2 box, in my bank deposit box, and store the packaging at my house. This takes up a lot less room than storing slabs. For a series like this, I also like a more uniform look, and you will not get that with slabs, unless you slab them yourself, all at one time, which will add a lot of expense to this collection, without adding any value.

I don't believe that graded moderns are going to appreciate over the long term, but ungraded ones probably aren't either.

This is a fun and challenging, but ultimately do-able, series to collect. I think you will have fun with it.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 10/12/2016  08:05 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I store my graded coins in PCGS or NGC plastic boxes of 20. Very compact way to catalog and store slabs.
Valued Member
crazyglue's Avatar
United States
467 Posts
 Posted 10/12/2016  9:03 pm  Show Profile   Bookmark this reply Add crazyglue to your friends list Get a Link to this Reply
Thank you to everyone for your replies.

Commems- I find your display method great and would solve many issues. Great idea. However, you are also very perceptive. I think I do have my mind 90% made up.

I intend to collect both the proof and the ms, although I am also partial to the ms.


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