| Author |
 Replies: 12 / Views: 1,332 |
|
|
Valued Member
United States
213 Posts |
Hello Everyone, jbuck's 7070 has inspired me! And while I like the selection in the dansco album, I have decided to go with slabbed coins. I have coins slabbed by NGC and PCGS that could go into it, but since I haven't made a purchase specifically for a type set yet, I feel like I have a choice to make. Ideally I want this entire set to be graded by only one company for the sake of continuity. My question is, which TPG would you choose, and why. Thanks for looking, and any input is appreciated.
|
|
|
|
Pillar of the Community
United States
8137 Posts |
I use both PCGS and NGC. I put much more emphasis on how the coin looks rather than what holder its in. I'm a big supporter of the saying "buy the coin, not the holder". Regardless of what you choose, be sure to update us on your progress! Type sets are really fun!  |
|
Bedrock of the Community
13014 Posts |
PCGS especially for US coins. They're the leader in that market and you can sell them to a wider base if you decide to sell one or some of them at some point. Aside from the better market for them, the new holders have optically superior plastic and are even water resistant. Not sure what the price range you are looking at but I would suggest looking for CAC as well on the expensive coins. |
|
Pillar of the Community
 United States
8938 Posts |
I'm doing a slabbed set as well. I use all of the big 3. It is important to buy the coin, not the slab. I plan on, once completed, sending the entire set to get crossed to PCGS, but during the assembly process I don't really care.
|
|
Pillar of the Community
United States
4589 Posts |
If you want to play the registry game you have to pick. If you use a Lighthouse Album or box you can buy the right coin regardless.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
|
Bedrock of the Community
United States
10034 Posts |
You need to ask yourself what is the enjoyment you are looking for in making the set.
Since you are collecting a slabbed set, are you doing it for the fun of what the label tells you the grade is (like trying to get all one grade for example)? Are you doing it because you like the aesthetics of a slabbed set? Or are you doing it for just the coins?
I you just want a slabbed set and don't care about matching grades/labels - then, for sure, buy the coin and not the label.
If you are buying a set of matched grades and labels - still at least make sure the coin seems to be what the label says it is.
If you are doing it because of how nice a matched set of slabs goes for, then look at the different slabs and see whether or not you like a white background around the coin (NGC) or clear (PCGS). And also...check the coin itself!
Remember that what the label reads is NOT set in stone. Broken out and resubmitted even to the same company any slabbed coin is NOT guaranteed the same grade again (even if the coin has been totally unaltered). The subjectivity of the systems make it so.
Like Baseball says, the resale of PCGS slabs would likely be higher if the current trends continue.
Enjoy the hunt!
|
|
Valued Member
 United States
213 Posts |
Wow, thanks for all of the replies, and great advice! Even though I'm buying this set for my own enjoyment, I decided to go with slabbed pieces for the benefit of my kids. Hopefully, if anyone sells it, it will be them, and the slabs will keep them from getting ripped off. As far as why I want it to consist of only one TPG, slabs from different companies in a set will bug me until the day I die, or replace them. CoinCollector2012, buying the coin and not the holder is great advice. If I can't find one piece that makes sense, I'll move on to the next one on the list, and then circle back around later. I thought that PCGS currently has a better resale potential, so I appreciate the confirmation. However, I didn't know about the superior plastics and water resistance of their new slabs. Thanks basebal21, I believe you just tipped the scales for PCGS. Thanks GrapeCollects, I can see why buying any grading co and then resubmitting the entire set makes sense, but knowing myself, I'm not going to want to spend more money to send my newly formed set away. So if I want them to match, I need to buy them that way. I commend you for your self discipline. Yeah BStrauss3, I'm not really into set registry. While I get the appeal, I'm more of a "keep them hidden until I feel like looking at them with the shades drawn" kind of guy. Earle42, I would like to target a single grade for the entire set, but since I'm setting a limit of around $700. Per coin, I don't want to limit the entire collection to the grade that I can get a classic head large cent for that price. Thanks again for the advice! |
|
Pillar of the Community
United States
8938 Posts |
Not to scare you, but $700 ain't getting you anywhere when you get to early bust coinage. I'm not joking when I say if you want a tollarable example, double the budget.
|
|
Valued Member
United States
213 Posts |
Thanks for the advice GrapeCollects! Looks like I'll be reaching deeper into the pocket for a few pieces. |
|
Pillar of the Community
Canada
5239 Posts |
It is not clear, but have you "counted the cost" of the entire slabbed set in the grade you want? Are you prepared to pay this much?
|
|
Bedrock of the Community
United States
10034 Posts |
I hope as you go on your journey you will keep us updated. I hope if your kids are old enough you can get them involved as well. Just make sure you also educate them well that what the "package" says it contains is not necessarily what is in the package so they can make wise purchase choices as well.  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 |
|
Valued Member
United States
213 Posts |
Thanks for the question oriole, I have. I created a list of prices for the coins I want at both the lowest grade I'd be okay with, and the grades I'd actually like, using the RedBook as the source for pricing, thinking the prices should actually be a little lower. I then went onto ebay and checked the sold prices for some random pieces on my list, and as expected the RedBook was higher. And, while putting together a set with a low end grade of VF-XF for things like 1803, and 1812 large cents, and XF-AU for Seated dollars like the 1859 and '60O, up to MS for later/other pieces will cost a lot more, and take me quite a bit longer than a set ranging from VG-XF, I believe it will be well worth it. I'd like to only buy each variety once, and hopefully this approach leave me with fewer pieces to upgrade later. So, if I want to upgrade those large cents or add a flowing hair, it won't be too painful. The vast majority of the coins can be had for far less, in high grades, than my personal "max" price that I (my budget) have set for each coin. So, thanks for leading me to the rabbit hole oriole, but I just climbed out.  |
|
Valued Member
United States
213 Posts |
Excellent advice Earle42, just like everything else you were kind enough to take the time to post. Despite my best efforts, my eldest is not into coins.  However my youngest is very interested. She's always checking her change and wanting to go to the coin shop. And you may be happy to know she's very familiar with "buy the coin, not the holder" and actually compares slabbed coins at the shop before she proudly presents me with her choice.  Edited by Standfast
09/16/2019 1:35 pm
|
| |
Replies: 12 / Views: 1,332 |
|
Posted 09/15/2019 7:27 pm
