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 Replies: 53 / Views: 8,991 |
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New Member
Australia
49 Posts |
This question probably has been asked many times before, however, and in general terms, is a coins value affected once a professionally graded slabbed coin is taken out (without damage of any type) of its sealed holder? and is the previous grading is annulled (that is no longer valid)?
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Pillar of the Community
United States
8715 Posts |
Yes. Many people will pay more if the coin is slabbed. The grade of the coin given by the TPG, once taken out of a slab, is considered null and void. |
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Valued Member
Canada
97 Posts |
The slab itself costs money as well, and good luck selling an empty slab.
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Rest in Peace
United States
17900 Posts |
Show us photos and we can give you more exact recommendations. But in general it's always costing you money if you ever need to sell.
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Bedrock of the Community
United States
94367 Posts |
 Generally speaking, it is best to leave it in the holder.  to the CCF! |
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New Member
 Australia
49 Posts |
I was asking this question because someone is selling a previously NGC slabbed coin on ebay.The seller still has the NGC label with the grading details on it, though he appears to be passing this coin off as if were still sealed in its original holder. |
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Pillar of the Community
United States
2023 Posts |
Being in the holder, there is assurance that it is genuine and (presuming it has been graded) that is has not been cleaned.
Once removed from the holder, even if nothing else happens to it, there is no guarantee that the coin was ever in that holder -- no professional statement regarding its authenticity or attempted preservation. Any potential buyer would then be taking a perceived risk, and that comes at a price.
(Edited following additional comment from the OP)
Edited by Alpha2814
02/09/2018 4:40 pm
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Moderator
 United States
54280 Posts |
In the case of the coin removed from an NGC slab, per ebay rules, that coin is considered "raw" and the seller can make no claim that it is a certain numeric grade. If they are doing that, then they are violating ebay written coin selling policy. |
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Bedrock of the Community
United States
10034 Posts |
But also remember if the same coin is resubmitted, there is no guarantee of the same grade being assigned to it.
The grades adds an artificial market value to the slabbed coin that disappears once the slab is gone.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
United States
8715 Posts |
Quote:I was asking this question because someone is selling a previously NGC slabbed coin on ebay.The seller still has the NGC label with the grading details on it, though he appears to be passing this coin off as if were still sealed in its original holder. Do not base your opinion of the coin on the NGC label. Since the coin could have been modified, damaged, or replaced with another coin after it was cracked out of the slab, do not rely on the NGC slab. Buy the coin, not the holder label. |
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Valued Member
United States
109 Posts |
Funny - Someone just told me today that, if I want to make sure I am getting non-problem coins for my type album, I should buy them slabbed, crack the slabs open & put them in my type album. He said to keep the labels so that my kids know what they are worth after I'm gone.
Sounds reasonable... kind of...
Edited by RubyOpal
02/09/2018 6:09 pm
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Bedrock of the Community
13014 Posts |
Quote:I was asking this question because someone is selling a previously NGC slabbed coin on ebay.The seller still has the NGC label with the grading details on it, though he appears to be passing this coin off as if were still sealed in its original holder. Don't put any weight into random labels from cracked out slabs. You're basically just taking someones word for it that its the same coin and nothing has happened/been done to it since it was removed. |
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Pillar of the Community
United States
8715 Posts |
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Pillar of the Community
United States
1261 Posts |
I just cracked out a coin an hour ago lol! It was an Indian Head penny in a SEGS holder. It was accurately graded and attractive but I decided it looks best in my type album so that's where it resides now. If I decide to resell it I will not say it came from a SEGS holder  |
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Bedrock of the Community
United States
20753 Posts |
The coin too is of some importance. If it is a coin of low value, makes little difference if slabbed or not. By this I mean I see so many coins in slabs not worth the cost of having them slabbed so may as well just take it out.
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Pillar of the Community
United States
2910 Posts |
Quote:
Funny - Someone just told me today that, if I want to make sure I am getting non-problem coins for my type album, I should buy them slabbed, crack the slabs open & put them in my type album. That is HORRIBLE advice. If you're going to be buying coins for an album, then the LAST thing you want to is get slabbed coins. Ugh. I hate it when people give that kind of advice! CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Replies: 53 / Views: 8,991 |
Posted 02/09/2018 3:35 pm
