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Replies: 8 / Views: 1,193 |
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Pillar of the Community
United States
3540 Posts |
Do you subtract the cost of sending a coin to a TPG for entombment when making an offer on a raw coin?
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Moderator
 United States
14463 Posts |
If you plan on getting it graded, you should. Also, on some of my lower cost coins I consider any shipping or buyer premium in the price.
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Bedrock of the Community
 United States
12477 Posts |
 Any added value from getting it slabbed would be the reward.
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
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Bedrock of the Community
Australia
21788 Posts |
Two reasons for paying a premium for TPG coins: 1). A TRGraded coin should attract a premium equal to the cost of the grading fees. 2a). Most collectors like the idea of a trusted independent third party grading opinion. 2b). Most collectors would pay a little more than the cost of the premium, in the knowledge of the fact that the coin now has an implied de facto authentication. Reason 2 becomes important when an ebay buyer is denied an in hand inspection of a coin, before making a decision to buy Combined, a premium a bit higher than the grading fees alone, could be justified. The justification to TPGrade a coin in the first place, perhaps could be based on the potential value of it; a suggested rule of thumb maybe around $100 minimum value. Despite the reasons mentioned above, I am not keen on TPGraded coins, which are far more popular in America only.
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CCF Advertiser
United States
1533 Posts |
No, but I consider shipping as it is a cost. If I can't sell the coin without slabbing it, well then maybe. Mostly if I buy it raw, I'll sell it raw.
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Valued Member
United States
175 Posts |
Personally I've just started submitting coins to TPG's for slabbing. My collection was inherited and is all raw up until now. In my opinion a coin that gets graded raises its value beyond the cost of grading itself and certainly makes the coin more saleable. I'd be happy to eat the grading costs in that circumstance. That being said there has to be a certain initial value to the coin before even submitting it to be worth while. Low value coins should just be sold raw in my opinion.
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Bedrock of the Community
United States
20753 Posts |
I have no slabbed coins. If I buy one I beak out the coin for an Album. I'm just not a fan of slabbed coins. Since I never plan on selling a coin, makes no difference to me if not slabbed. Only thing I see about slabbing is sort of a guarantee the coin is real and not a counterfeit. And I say sort of since not all slabbed coins are real.
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Valued Member
United States
175 Posts |
@just carl I can almost agree with you about not slabbing coins except for one thing ..... inherited coins. If the people who ultimately end up with your collection after you pass have no interest in collecting then they could be exposed to other collectors or dealers taking advantage of them if they try to sell your collection. In my own case I plan on slabbing any coin of significant value. One example would be if I have the whole Lincoln Cents collection I could slab the 1909S VDB, the 14D, and the 21 plain plus any other higher value coins. That sets the bar at a level where my heirs have a fighting chance when selling.
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Moderator
 United States
188770 Posts |
Quote: If the people who ultimately end up with your collection after you pass have no interest in collecting then they could be exposed to other collectors or dealers taking advantage of them if they try to sell your collection If my heirs do not take the time to do a little research (only seeking a quick payout), then they deserve what they (do not) get. If they have no interest why should they profit from my work?  Coins are to enjoy now, not make your heirs rich later. 
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Replies: 8 / Views: 1,193 |
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