Slabbing Versus Raw?

And just how would you know that. If fakes make it through a TPGS, they are sitting in a slab somewhere and who would know? Remember TPGS's are made of people and people make mistakes. If you read all the posts just on this forum, every once in a while someone posts about some thing wrong about a slabbed coin. And remember this forum does not include all the collectors and dealers of coins on Earth. So if lots of fakes make it through a TPGS, how would you ever know?

One advantage of the TPGs is I believe that the "guarantee authenticity" of a coin, so if for some reason it does turn-out to be a "fake" that a TPG missed, then you at least have some coverage from the grading company (presuming it is a legitimate one and is still around in the future when you place a claim.

Michael

Ask yourself: If you had the money to buy an 1804 dollar, would you purchase a raw 1804 dollar, or would you purchase a different one that looks similar but graded by a TPG?

1. Once a coin is slabbed, the coin can no longer be authenticated, unless it is broken out of the slab.

2. That forces the collector to completely rely on the guy who graded the coin, unless you go to (1.) above. That is provided that the slab is authentic.
I have to admit: I have zero ability to pick a fake slab.

Too bad if the Chinese, with their ability to produce fake credit cards, find it even easier to produce fake slabs.

This is true, and if you collect something even slightly scarce it's not just the best coins, it's any coins. I won't buy a slab coin, but it's getting to the point where even the common material in the stuff I collect is all slabbed.



Sure I'd have no problems buying a raw one, the problem would be finding one that isn't slabbed.



They've been making fake slabs since 2007, and they're getting better at those too.

No it wouldn't, none of the 1804 dollars would need to be cracked out. What the auction companies are going to do to authenticate if, they're gonna send it to a first tier TPG aka PCGS or NGC 99.999 percent of the time when it's a US coin and that's going to be their same move for most world coins as well if you're referring to Heritage or Stacks.

PCGS and NGC have become dominate for a reason and it isn't because their coins need to constantly be cracked out to be verified

I do prefer raw coins over slabbed, but my purchases of late have gotten to the point where making a 'mistake' would be devastating. Paying $1k+ for a coin causes problems with my defibulator. Although I do love raw coins, I have bought several slabbed coins in the past few years.

I prefer raw because I like to display my collections in ONE way, weather it be in binders or folders. I hate looking at a 'complete' collection but one or two of the coins is missing due to them being slabbed and not being able to fit into a 2x2 like all the others; so all there is to see is an empty 2x2 with a checkmark on it. The missing coins just sit in a shoebox somewhere with fellow plastic coated coins.

No chance at all they're cracking out a million dollar coin for countless reasons. It's already been authenticated by experts, the exact experts they would send it to to authenticate it.

Then there is the fact that cracking it out to weigh it would be a waste of time. The best counterfeits are found out by details, strike issues, surface issues, tooling ect, a million dollar coin that was good enough to fool anyone would pass metal and weight tests with flying colors just like all the best fakes do. rs

Most importantly cracking the coin out without the owners permission would result in a law suit and them praying that they didn't damage it and it regrades the same. Not to mention all of the lost business from people no longer trusting them to sell their coins.

It's extremely rare for coins of that value to get a new holder and when they do it's because of a marketing decision like with the Pogue coins. Even then you supposedly have to sign a waiver of liability for them if you are reholdering it for no reason.