Quote:
1) Is it worth having these graded?
You have to determine why you want to get them slabbed.
A modern mindset, likely from so many being on
ebay and
TPG (Third Party Grading coin grading systems) marketing department strategies, is that slabbing is the natural thing to do with any better coin.
Nothing could be further from the truth. Slabbing is an option. Some people who have put a lot of money into the systems will argue the point, but this is the reality of it. There is no coin that made with a "Must be slabbed or the world will cease to exist" label on it.
I am sure the TPGs revel in newbies not understanding this. And this is why a lot of junk slabs can be found where people waste 30.00 for a coin they can never recover their 30.00 from.
When to slab:
1. If you want to sell a better coin. A general rule of thumb being the coin is worth more than 150.00 will probably recoup the fees and give the seller a decent price. There are enough people who collect slabbed coins, so the price of slabs from a few of the more respected companies will bring in better profits.
2. You cannot determine if a coin is a fake.
- Here on CCF we have some people who can likely give you an expert opinion on this. When no one here can make a good determination, they will likely recommend it be slabbed. Check here first before spending your hard earned cash.
3. You want to know what grade a
TPG would give it.
a. Posting decent pics here in our grading section will likely give you what you want. Look in the "You vs PCGS" etc threads and you will find our CCF family is pretty skilled knowing the systems' opinions.
b. Never think a coin, once slabbed and broken out, is guaranteed the same grade if it is resubmitted again! The TPGs openly claim their systems are subjective. No Virginia, Santa Clause does not exist.
c. You have to determine which
TPG's experts are "more expert" than the other
TPG's experts. Different companies grade different ways. This fact is well known, and often someone understanding the ins and outs will choose one company over another to get a better grade for a specific coin type.
4. You just like the looks of slabs.
- then go for it! A hobby is to be enjoyed. And if slabbing is something you like, then spend the extra money and enjoy them!
Oh, I had some slabbed when I re-entered the hobby 7 years ago b/c I wanted, if something should happen to me, for the family to think about the ones in the special plastic holders before just dumping them at a bank. Would I do it again? Probably not.
The fee was one, after understanding the whole system a lot better thanks to CCF and doing a lot of research, I now consider to have been an impulse spend on an exciting thing to do (nice way of saying waste). Now I look back and wish I had spent that money on a better coin instead, I could have inexpensive plastic slabs to put the coins in and labeled them myself. For me...not everyone... this is what I see as the best way to go.
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
Posted 10/07/2018 4:07 pm
on all counts. Shame about that gouge on the '16-D.
