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Are The Majority Of Your Coins Graded By ANACS, PCGS Or NGC

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Scavenger's Avatar
United States
23 Posts
 Posted 01/20/2006  7:39 pm Show Profile   Bookmark this topic Add Scavenger to your friends list Get a Link to this Message Number of Subscribers
Or not graded by a third party, just raw?
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nohope587's Avatar
United States
5953 Posts
 Posted 01/20/2006  8:05 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
98% Raw
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wrk4lvg's Avatar
United States
756 Posts
 Posted 01/20/2006  8:07 pm  Show Profile   Bookmark this reply Add wrk4lvg to your friends list Get a Link to this Reply
100% raw
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Scavenger's Avatar
United States
23 Posts
 Posted 01/20/2006  8:16 pm  Show Profile   Bookmark this reply Add Scavenger to your friends list Get a Link to this Reply
Mine are about 50/50 with a mix of NGC, PCGS and ANACS
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Mike's Avatar
United States
2884 Posts
 Posted 01/21/2006  12:30 am  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
Half and with NGC and half with ANACS. Mike
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Heather the Hoarder's Avatar
United States
123 Posts
 Posted 01/21/2006  01:14 am  Show Profile   Bookmark this reply Add Heather the Hoarder to your friends list Get a Link to this Reply
100% raw. I never did like slabs (although they do have their place in helping to guarantee the authenticity of oft-faked coins). When I buy a coin that happens to be in a slab, I break it out. The most recent was just a week ago - an 1853 arrows/rays seated half in VF30. I thought to myself when I bought it, "why would somebody go to the bother to slab a common-date circulated coin?" I could see it if the coin were rare, uncirculated, or proof, but in this case I couldn't figure it out. That coin came out of the slab as soon as I got home with it.

I get attached to my coins, and those ugly slabs create too much of a barrier between me and them. The slabs may be better for resale, but I don't intend to sell or trade any of my coins. That would go against my hoarding instinct!

If, for some reason (albeit highly unlikely), I wanted to sell one of my more valuable coins, I might get it slabbed first, just to make it easier.

Slabs have been controversial since their inception. Perhaps because I was a very active collector in the pre-slab days, I never really got used to them. I'm glad they work for some people; they just aren't my thing.

Heather
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djluster's Avatar
United States
1327 Posts
 Posted 01/21/2006  01:24 am  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
I only have two slabs one ngc and one pcgs. all the rest are raw but I do not have very many high value coins. I guess if I had more coin of high value then I might have more. I do prefer Anacs though since they do not have a joining fee or make you summit throght someone you may not know very well. But anacs has not special joining fee.
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lim118's Avatar
Australia
1529 Posts
 Posted 01/21/2006  03:13 am  Show Profile   Bookmark this reply Add lim118 to your friends list Get a Link to this Reply
Of the three TPGs, I only have one coin in my collection graded by one of them , so happens to be a pommie penny bought from a yankee seller....lol

"Entombing" your coins is still not a big thing yet downunder....far too expensive to have it done by our TPGs here.
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wam98's Avatar
United States
15 Posts
 Posted 01/21/2006  05:38 am  Show Profile   Bookmark this reply Add wam98 to your friends list Get a Link to this Reply
Maybe 20% Certified, 80% Raw.
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ageka's Avatar
Belgium
2078 Posts
 Posted 01/21/2006  09:16 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Being Belgian mine are all unslabbed

My friend being American has 100% NGC
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zakgold's Avatar
United States
382 Posts
 Posted 01/21/2006  09:39 am  Show Profile   Bookmark this reply Add zakgold to your friends list Get a Link to this Reply
As of today, I have around 250 +/- slabs. 90% of them are PCGS, and the others are NGC, ICG and ANACS. Many times, I have broken coins out from other slabs and "crossed" them to PCGS holders.

Why? All things being equal, I know that IF I had to sell or liquidate my collection, I KNOW that I will obtain higher prices for my coins slabbed in the top TPG's like PCGS. Even after my purchase price, submission costs, S&H, etc., I have many times made out with these cross-over submissions.

After all, if you were to buy a coin sight-unseen (like ebay) and the seller stated he had a 1909-S VDB in "x" condition, would you trust him? I wouldn't. But all things being equal, if the seller had it slabbed/certified with a TPG like PCGS, buyers would feel more confident in bidding/buying your coin...hence higher prices realized. Take a raw coin to a dealer (not all of them, but many, none the less). You really think the coin is a MS65. The dealer may think it is a MS63, maybe 64 tops. Now you have a problem.

Of course, if that same dealer is selling the coin, he may sell it at a 65 and you think it is a 63.

Look, we are all temporary custodians of our coins. 99% of them will out live us and I want to make sure my collection is protected, perserved, authenticated (especially for keys and high MS grades) and as "liquid" as possible.

When I am buying, I don't mind adding $20 to the cost of a coin if it is slabbed with a top TPG. I figure for $20 over and above the bid price, it is the peace of mind knowing what I am getting/buying. When I submit, I submit coins in my raw collection that are worth at least $100 or more.

I would say that about 60% of my collection is raw (like my beloved Lincolns in Intecept Shield 2x2's before 1945) with the other 40% (250 +/-) are slabbed, protected, authenticated and set up for quick presentation and sale.

With that, I even have a letter in my safe stating, "So you found my coin collection...now here's what you SHOULD do!"
Edited by zakgold
01/21/2006 09:47 am
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Mike's Avatar
United States
2884 Posts
 Posted 01/21/2006  2:33 pm  Show Profile   Bookmark this reply Add Mike to your friends list Get a Link to this Reply
Zakgold, The market most certainly currently bears out what you say. I think PCGS is under some serious scrutiny these days. Most dealers that I know will tell you a slabbed coin grade is as subjective as a raw coin with the exception of authentication. If a dealer feels a coin is overgraded in a slab,no matter who the TPG is, they will only pay what they think it is worth. Hence the old adage, buy the coin , not he slab. Mike
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U.S.M.C's Avatar
20 Posts
 Posted 01/22/2006  10:40 am  Show Profile   Bookmark this reply Add U.S.M.C to your friends list Get a Link to this Reply
I have some NGC some PCGS Most are BU rolls of different dates.
Valued Member
United States
157 Posts
 Posted 01/22/2006  10:49 am  Show Profile   Bookmark this reply Add ziggy29 to your friends list Get a Link to this Reply
My type set is slabbed. Almost everything else is raw.
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ndgoflo's Avatar
United States
626 Posts
 Posted 01/22/2006  2:44 pm  Show Profile   Bookmark this reply Add ndgoflo to your friends list Get a Link to this Reply
My entire collection is raw, except for my 1909-S VDB and 1916-D Merc. Both of those are in ANACS slabs.
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Metalman's Avatar
United States
7123 Posts
 Posted 01/22/2006  3:44 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
100% Raw !!

Although !!!!

I have recently been considering have a few of them entombed !!

Mostly due to the visit by James from Anacs.

but partly so that if anything should happen to me,My wife would not have to guess or ask whats what on the few coins I would have slabbed.

I work in a fairly high risk job, where at times I look down and wonder !!! What would happen if this doesn't work out?



Rick
Edited by Metalman
01/22/2006 3:47 pm
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