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 Replies: 19 / Views: 4,218 |
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Valued Member
United States
61 Posts |
I've been collecting for a little while now, and have acquired some nice/very nice coins. Since slabs really don't protect the coins except from contact marks, is slabbing really all it's cracked up to being?
*** Moved by Staff to a more appropriate forum. ***
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Moderator
 United States
56855 Posts |
Sometimes. When you want to increase your profit or sell sight unseen. John1  |
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Rest in Peace
United States
18456 Posts |
Because I'm not a seller , I don't care about a resale profit. As far as I'm concern I would only slab for a genuine status . I have seen too many TPG grading services making incompetent grade evaluations on slabbed coins .  |
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Pillar of the Community
 United States
4592 Posts |
Yes, no and maybe.
Yes for very rare, frequently counterfeited coins - it makes them salable without huge discounts due to risk.
No for common coins or those of low value
Maybe for special circumstances - provenance, protection, etc.
-----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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Bedrock of the Community
Australia
21788 Posts |
If you are selling a coin for (nominally) over one hundred dollars on ebay, with authentication, then maybe slabbing fees and return shipping fees could be justifiable. Then, ebay fees have to be added. Even then, a huge percentage premium for the poor buyer. When ALL of the fees are added up they may well be more than combined buyers and seller's fees charged by an international numismatic auction house. |
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Bedrock of the Community
Australia
21788 Posts |
Definitely not for bullion coins, even in pristine condition.
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Valued Member
 United States
61 Posts |
Bouillon meaning silver coinage other than BU?
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Moderator
United States
56855 Posts |
If you slab only for a genuine status,I would only use ANACS because they have the lowest fees. If slabbing for profit,use PCGS because of a higher resale value. CaddoFarms, Before you send off any,post photos here. We may be able to save you some time and money. John1 |
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Valued Member
United States
61 Posts |
I really don't think I will send any to be graded. I keep hanging around here, I'll know what I have. I asked this question just to see general consensus. I post pics here and grade according to the book. I post here if I feel I'm biased toward something I own. Slabbing just seems like a waste...for the most part. I bought a slabbed nickel that was nowhere NEAR the stated grade.
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Rest in Peace
United States
17900 Posts |
I send all $200+ coins to NGC. It is so much easier to sell, especially if you consign to Great Collections for coins valued at less than $500, Heritage for more expensive, and Stacks for monsters.
If you don't plan on selling, it makes no difference.
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Valued Member
United States
61 Posts |
Thank you ALL for your responses!
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Bedrock of the Community
Australia
21788 Posts |
If you wish to preserve a pristine bullion coin in it's current condition, (or ANY coin for that matter,) encase it in a hard plastic acrylic capsule.
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Valued Member
United States
338 Posts |
ANACS has a special right now.
5 coins for $75 includes return shipping.
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Pillar of the Community
United States
1261 Posts |
I think having a coin slabbed is worth it. It will make it easier to sell and dispose of down da road. With that said, many of my coins are raw as I've been collecting for a while now. I have a few that a awesome coins and I'm not getting rid of them anytime soon so I see no reason to get them slabbed just for the sake of stabbing 'em.
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Valued Member
United States
64 Posts |
I went to my LCS and they told me not to bother slabbing my well worn 1885 nickel. Thoughts?
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Valued Member
United States
452 Posts |
Quote:
I went to my LCS and they told me not to bother slabbing my well worn 1885 nickel. Thoughts? If you like to collect and store slabbed coins, go for it. It provides a secure and safe holder if nothing else. It's also not a bad thing to have serial numbers recorded for insurance purposes. I wouldn't worry too much about the dealer's opinion. You know what they say about those. I'd personally send the 1885 Lib nickel to ANACS if I were going to add it to my collection long term... unless it was really worn to oblivion. |
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Replies: 19 / Views: 4,218 |
Posted 06/22/2017 06:54 am
