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Buying Slabbed Sds From Bullion Dealers When They Pick The Year

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thisistheshow's Avatar
United States
987 Posts
 Posted 06/02/2018  5:57 pm Show Profile   Bookmark this topic Add thisistheshow to your friends list Get a Link to this Message Number of Subscribers
There are various online bullion vendors who offer slabbed Morgans and Peace dollars in different grades from NGC or PCGS. There are varying price points and grades. They have the choice of year.

Have any of you bought these? What was your experience? Was it worth it?


Is there a specific vendor or grade level that you feel is the most likely to get you a coin you are happy with? I am interested in hearing your stories of this and how it worked out.
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SilverDollar2017's Avatar
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8715 Posts
 Posted 06/02/2018  6:04 pm  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
I wouldn't buy from the "random date" advertisements. You can't pick the eye appeal or date. If you get, say, a Morgan dollar that's graded MS-64 random date, you'll probably receive a 1921 (most common date) with ugly toning. Why not just pick your own coin for about the same price?
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Alpha2814's Avatar
United States
2023 Posts
 Posted 06/02/2018  7:52 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 06/02/2018  9:44 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
You won't save anything buying that potential pig.

Pick your own and order it. Buy one you love and you will always be proud to own it.
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Mark1959's Avatar
7234 Posts
 Posted 06/02/2018  9:50 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
I suppose that's how they get rid of the less quality strike/eye appeal coins. If it was a great eye appeal coin they would advertise it with a premium on the actual value not throw it in the "random date" bin.
Edited by Mark1959
06/02/2018 9:52 pm
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thisistheshow's Avatar
United States
987 Posts
 Posted 06/03/2018  5:21 pm  Show Profile   Bookmark this reply Add thisistheshow to your friends list Get a Link to this Reply
Thanks for the replies. You guys confirmed what I thought. I have read the reviews on the sites and the only extremely happy customer sadly made the seemingly common mistake of thinking the S on the NGC label is a mintmark......he thought he had received a coin worth over $300!!!
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Earle42's Avatar
United States
10038 Posts
 Posted 06/03/2018  6:05 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
Words of wisdom over and over on this site: Buy the COIN, not the holder.

If you cannot see it in hand and inspect the coin, you don't know what you are getting. Yes, there IS most definitely SOME degree of trustworthiness with buying a slabbed coin, especially for fakes. However, do a search for errors made by these companies, review the facts that once a coin is cracked from a slab, it is never guaranteed to be the same grade once again (grading is a subjective process),and people have been, for years, re-submitting coins they cracked out until they get the higher grade they want (for coins that are close).

If your money is important to you, buy the coin, not the slab.



Also remember different companies use different standards!

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 halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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