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Slabbed Coins <(:^:)> Raw Coins?

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Rest in Peace
muckeye's Avatar
Australia
661 Posts
 Posted 03/31/2009  07:34 am  Show Profile   Bookmark this reply Add muckeye to your friends list Get a Link to this Reply
I have yet to see an Oz coin in a 'slab', thank God.
As I don't collect others I don't have a problem.:)
"God save the raw coins"
muckeye.
Valued Member
United States
193 Posts
 Posted 03/31/2009  07:57 am  Show Profile   Bookmark this reply Add jewellge to your friends list Get a Link to this Reply

I've started to upgrade completed sets, starting with keys and others that are not up to the quality of the others in the set and will be doing so using slabbed coins.

For example, my BU Jefferson is complete but I don't like the 1938-D, or the 1941 series or the 1942. I went to a coin show and the dealer wanted $22.50 for each of the 1941 series, ebay they just sold for $40 and I can get all in MS65/66 5 FS slabbed for $50, just makes sense.

Same with the Roosevelt's in BU, I upgraded the 1996W from an MS63 to MS68 slabbed for $5 more than the raw and will be doing the same for the 1949, 1949-S & 1950-S.

I view the keys as the investment grade and slabbed makes it easier to dispose of.

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Hollywood's Avatar
United States
1228 Posts
 Posted 03/31/2009  1:04 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
I picked slabed because it protects the coin forever and it makes them more liquid you can sell them easyer on the internet because the buyer knows what its worth if you were going to pay $2000 + for a coin and it wasnt graded then you could loose hundreds if not thousands of dollars on a coin if when you receive it and it was a grade or so less
Bedrock of the Community
United States
20753 Posts
 Posted 03/31/2009  6:14 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I have no plastic things in my collection. I have purchased some slabbed coins as most people have done but I then break them out and put in Albums. I do keep the little tags from the slabs and tape them to the inside of the Album the coin is in. But no plastic slabs at all. And at coin shows if a dealer starts to tell me a coin is so expensive since it is in a slab, I walk away.
Bedrock of the Community
United States
20753 Posts
 Posted 03/31/2009  6:18 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Your poll made me wonder something. Since I've been coin collecting for well over 60 years now and have a fairly large quantity of coins. I wonder what it all would look like in slabs. As an example I know I have over 3,000 Mercury dimes. Over 100 Whitman Albums all basically full. Rolls, boxes of 2x2's, jars of coins to be sorted some day, etc. I just wonder how big a house I would have to have for all those in slabbs?
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norseman012's Avatar
United States
357 Posts
 Posted 03/31/2009  10:45 pm  Show Profile   Bookmark this reply Add norseman012 to your friends list Get a Link to this Reply
You mean how big of a WARE-House you'll need........
Valued Member
United States
193 Posts
 Posted 04/02/2009  07:37 am  Show Profile   Bookmark this reply Add jewellge to your friends list Get a Link to this Reply

Quote:
I know I have over 3,000 Mercury dimes. Over 100 Whitman Albums all basically full. Rolls, boxes of 2x2's, jars of coins to be sorted some day


just_carl needs a store or museum, 3000 Mercs, 100 full whitmans?
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simplycolors's Avatar
United States
61 Posts
 Posted 04/08/2009  6:14 pm  Show Profile   Bookmark this reply Add simplycolors to your friends list Get a Link to this Reply
ooooh baby I like it RAW! Unless they are my very very expensive coins then slabbed but prefer my 90% RAW
Valued Member
chris1222nascar's Avatar
United States
314 Posts
 Posted 04/08/2009  6:29 pm  Show Profile   Bookmark this reply Add chris1222nascar to your friends list Get a Link to this Reply
I prefer raw but when selling slabbed can be good. A 2009 Sac with 5 stars on the rim (no date, mint mark or E Pluribus Unum) sold for 350 on ebay. The person who bought it sent it to ANACS and got it graded and marked as an error. He then sold it on ebay for 3500. Talk about a profit!
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DNA's Avatar
United States
2734 Posts
 Posted 04/11/2009  6:26 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
I much prefer raw. So do the dealers I frequent! Less overhead, shelf space, shipping to TPGS hassles, waits, etc.

There is that catch that expensive key coins are likely to be slabbed, unless it's on a regular customer's 'want list' and they can sell it to that customer right away (and avoid all the TPGS overhead/waiting).

Some of the slabbed coins (particularly ANACS) were likely sold to the dealer in the slabs.

I also prefer "OGP" (original government packaging) to slabs. In the case of a GSA CC Morgan, I think that the OGP itself is part of the coin's history! (NGC agrees...) I know a man who has an intact 1971 Proof Set with the "No-S" Nickel, who has refused my offers to buy said set, but one thing we agree on is that the Set should be kept intact in the OGP!
Edited by DNA
04/11/2009 6:34 pm
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Rollhunter1994's Avatar
United States
195 Posts
 Posted 04/11/2009  9:53 pm  Show Profile   Bookmark this reply Add Rollhunter1994 to your friends list Get a Link to this Reply
I definitely prefer raw coins over slabbed coins.
Bedrock of the Community
United States
20753 Posts
 Posted 04/12/2009  09:30 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
It appears from these replies that most like raw coins. However, at coin shows I would estimate that at least 30 ot 40 % of all coins are in slabs lately. Of course that does show that more and more people are becoming worried about all the fakes now appearing.
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Metalman's Avatar
United States
7123 Posts
 Posted 04/12/2009  1:43 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
My coins are Raw , housed in airtites , with one stipulation to the poll all of my permanient collection is graded , just not according to someone elses opinion .

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hockingzig's Avatar
United States
1450 Posts
 Posted 04/12/2009  9:07 pm  Show Profile   Bookmark this reply Add hockingzig to your friends list Get a Link to this Reply
I collect mostly Lincoln cents so it is not economical to get most of them slabbed, it would be more than the value of the coin. I did find a 1999 Wide AM in AU condition worth about $125 graded and slabbed. Most folks I have talked to think I could sell it for $75 raw so even that coin isn't really worth slabbing if you do the math.
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Penny Guy's Avatar
United States
531 Posts
 Posted 04/14/2009  6:08 pm  Show Profile   Bookmark this reply Add Penny Guy to your friends list Get a Link to this Reply
When buying I prefer raw coins, but it does require more study and research to ensure a smart purchase. I have purchased TPG'd coins only when I couldn't find what I was looking for raw.
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