| Author |
 Replies: 16 / Views: 3,411 |
|
Valued Member
United States
59 Posts |
I have to sell some very good coins. I enjoy holding the coins in my (washed) palm. I enjoy lining them up and displaying them .and so... I am not thrilled about getting them slabbed. I would love to hear if anyone has succeeded in realizing a fair price on a high end coin that is un-slabbed.
I have a 1883S that is in really good shape..an 1880O similarly good and a few others too. I am in the process of photographing my collection..but have not got to those.
|
|
|
|
Valued Member
United States
307 Posts |
Speaking as a buyer, I would definitely prefer slabbed but I know I will pay more for it compared to a non-slab. Sometimes looking at un-slabbed I think I might find an under-graded coin and therefore get a deal, but almost always the un-slabbed is over-graded by the seller. (Just my opinion based on one and a half months of ebay searching) Are you talking about Morgan dollars? |
|
Valued Member
United States
312 Posts |
Once you have taken photos, please post and we'd be happy to give estimated grades. From there, it might be easier to determine whether or not it is worth getting them slabbed.
|
|
Valued Member
United States
455 Posts |
Not sure as to the type of coins you are discussing in your post. I'm assuming they are Morgan dollars. Unless the coins are in mint state I wouldn't get them slabbed and would offer them for sale (if that was what you were eventually planning) under the grade you believe them to be. I would also slab the coins if they are really rare because collectors usually feel more comfortable with slabbed vs. raw coins and you could then command a higher price than a raw coin. Also, just to let you know that of all of the grading services, PCGS gets higher premiums than the others. |
|
Pillar of the Community
United States
1547 Posts |
To a knowledgeable collector, it isn't going to make one iota of difference. To an unknowledgeable collector, it's going to establish a presumption on the grade that isn't there when you, alone, as the seller, grade it. That's what it comes down to.
EDIT: I should add, there's no substitute for good photographs and unbiased grades. As long as you're going to the extent of photographing these, why don't you do what mshev said on the ones you're not that sure of, and we'll help you out with our opinions?
Edited by eddiespin
05/08/2011 10:31 am
|
|
Pillar of the Community
United States
594 Posts |
For what it's worth, as a buyer, I buy unslabbed coins. I buy the coin, not the slab. IMO, slabbing over inflates the price of the coin, and with silver values on a rollercoaster, the value fluctuates too much.
Unless it's a really high end grade AND rare, then I would consider a slabbed coin.
Edited by KenRingold
05/08/2011 10:19 am
|
|
Valued Member
United States
312 Posts |
As Ken said, slabbing can over-inflate the price of the coin - exactly why it could be worth it if for a seller if the grade is high enough to justify the cost of slabbing ;-)
|
|
Pillar of the Community
United States
870 Posts |
Just looking at the dates/mints you listed and understanding the way you like to hold them in your hand, I'm guessing they're not MS. If they're not MS, it will cost you more to send them to the TPG's ($15-$35) than you will receive as a premium (+$5-$20) by having them slabbed. So given the information provided, it is my humble opinion that no, you should not send these in. Edited by delaner
05/08/2011 11:57 am
|
|
Valued Member
 United States
59 Posts |
(sound of cascading trombone and quack muffle: mmwah... mmwah....mmwah) just discovered that my nice Morgan 1897o is actually a 1987s. Another case of irrational exuberance.
|
|
Pillar of the Community
United States
870 Posts |
|
|
Valued Member
United States
59 Posts |
This coin looks better face to face... This is a scan, but I also took an actual photograph under a halogen to show the extent of shine.   |
|
Pillar of the Community
United States
6389 Posts |
One other benefit of slabbing is that it provides an independent judgment on whether a coin has been cleaned, altered, or otherwise damaged. The 1883-S Morgan dollar (for example) becomes fairly expensive in grades above AU-50 but the value is much less if the coin has problems. A buyer likely will pay more for one in a no-problem AU-50 slab from a reputable grading service. If a similar raw coin is purchased instead, it might have some defect that would come as an unpleasant surprise if it is later submitted for grading. |
|
Bedrock of the Community
United States
20753 Posts |
Quote:
just discovered that my nice Morgan 1897o is actually a 1987s. Another case of irrational exuberance.
Any 1987S Morgan would really be rare and might run into the millions.  |
|
Pillar of the Community
United States
1547 Posts |
Quote:
Wait - a 1987-S Morgan? That's right! I don't think they made them in the SF Mint that year! |
|
Valued Member
United States
59 Posts |
Oh dear..of course I have dislexia. Funny! I can't tell you what a pain it is..even as I am looking at the numbers jumping around in front of my eyes...it took a while to realize the inadvertant joke. Your response was suitably deadpan.
|
|
Pillar of the Community
United States
1547 Posts |
Ha! Of course, being perfect, I've never made a typo in my life (more suitable deadpan). |
| |
Replies: 16 / Views: 3,411 |
Posted 05/08/2011 01:41 am
