Added value of the holder (slab)?
astrorat
Posts: 9,221 ✭✭✭✭✭
In another thread, a member sorta posed the question of the value of a holder with a particular coin that recently sold. It's a valid question and I thought I would start a new thread (rather than possibly derail that thread) that asked a more specific question.
Let's say you had a widget 1881-S Morgan dollar in MS-65 that was solid for the grade, white, nice luster, etc. In other words, a common MS-65 1881-S Morgan dollar. That coin currently has an estimated retail value in the $125 range.
What is the current value of the coin in the following collectible holders?
A. PCGS Rattler white label
B. PCGS Doily
C. PCGS Regency
D. NGC White label fatty (gold seal inside ... 'aka' generation 2.1)
E. NGC Black slab
Here are my guesses ... off the top of my head:
A. $1000
B. $150
C. $1500
D. $250
E. $4000
Your thoughts?
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
Comments
Are holders pristine? I have seen some pretty jacked up holders that the possessor wanted big bucks for, but passed on. I stated in that thread that you mentioned, I would and have paid extra for the holder...but not your value guesses. But it depends on the coin ultimately.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Good Lord, did I miss yet ANOTHER profit opportunity as a young man?
As I said in the other thread... holders mean nothing to me... only the coin. So, my offer would be $125 no matter what slab was holding the coin. Oh darn, I did not get the coin... Oh wow..there is another one.... Got it, good...
Cheers, RickO
Does it really matter what holder it’s in?? I wouldn’t pay more than $100 for a common gem unc 1881-S Morgan even if it was placed in a box which included a one pound lobster!
Don't forget the follow up question:
How much is your $125 widget worth in the following coffin?
F. PCGS Rattler white label with green CAC
G. PCGS Doily with green CAC
H. PCGS Regency with green CAC
I. NGC White label fatty (gold seal inside ... 'aka' generation 2.1) with green CAC
J. NGC Black slab with green CAC
K. PCGS Rattler white label with gold CAC
L. PCGS Doily with gold CAC
M. PCGS Regency with gold CAC
N. NGC White label fatty (gold seal inside ... 'aka' generation 2.1) with gold CAC
O. NGC Black slab with gold CAC
Remember when a coin was just a coin?
Since hitting "disagree" is disagreeable, I will only say that I would pay more with the lobster thrown in. Lobsters are premium food here in Dallas. As to the holder, I would pay a little more for a coin in a black NGC holder, in fact I did pay a bit more for the black retro holder when I bought the recent gold mint re-dos of the Merc, etc. I think gold looks great in a black holder, worth a few bucks extra.
do you have a picture of the Regency holder that is a new term to me
Best place to buy !
Bronze Associate member
Click on the Holder link in Resources, shows one at the end of the line.
@astrorat I believe your price guesses are fairly solid. I do think that the doily and white NGC would go a bit higher as I have seen MS 63/64 Morgans sell for around your numbers. An MS 65 should go for a bit more...my guess is $200 on the doily and $275-$325 on the white NGC.
In general, my guesses (ranges) for a generic MS 65 Morgan:
A. $1000-$1300
B. $175-$225
C. $1500-$1750
D. $275-$325
E. $3500-$5000
@Kkathyl see this link for an example of a PCGS regency:
https://www.coinworld.com/news/us-coins/2015/01/morgan-dollar-sells-for-double-retail-value-due-to-holder.all.html
And for those who say these holders have no premium, are you selling any at Greysheet/generic prices?
Yes. LOL.
Are those guesses the value of the slab, or the value of the perception that the coin is under-graded by today's standards?
They are quite different concepts, at least to me.
More to the point of my asking is that the question posed by the OP seemed to be referring to the former, but the values seem to be reflecting the latter. Said a bit differently, I didn't think that slabs were worth 1k+ in and of themselves, but perhaps I'm mistaken.
He's talking about the slab value.
The values are based mainly on the slab. Most of these would not be cracked unless it’s a coin where the next grade is significantly more expensive (basically an 1881-S Morgan would never be cracked from most of these slabs unless you had an MS 69 in a 65 slab).
The coin does obviously play a role, but it’s a fairly small role with common date/grade coins. If you have a better coin and a better slab, then it becomes harder to judge what causes the premium.
It's the value of the slab and not the coin. The use of an 1881-S dollar was meant to signify a common coin that has a well-stablished value in the minds of most folks on the Board. One exception is the PCGS Regency. The 'slab value' is best illustrated with a Danny Kaye coin in the Regency slab as that is the nadir value. A US coin in a PCGS Regency slab is a 'premium' coin/slab combination.
It's not the value of a potential 'upgrade.'
It's assuming the slab is not damaged and would considered by many to be 'pristine.'
It's not related to the type or color of any supplemental sticker.
And yes, the NGC Black slab is worth well north of $1K, irrespective of the coin.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
Whatever floats your boat ,but I buy the coin.
Yep, and a lot of folks here feel the same way. How many folks here would 'just sell the coin' and ignore the holder?
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
Putting aside my utter shock that the OP is getting multiple “that’s stupid I just buy the coin!”-type replies ...... this thread is about THE SLABS, which are and will continue to be highly collectible.
OP, I think your initial estimates are all in the ballpark of what one might expect to find...
Here's a Regency holder for those still wondering.
Interesting discussion - there seems to be a developing greater premium for the PCGS 1.0 v. the 1.1 - will see if that holds up as the true population becomes known.
What is the current value of the coin in the following collectible holders?
$125
Grandam - I'll buy every neat holder you can find at a zero premium - PM me!!
I may pay a slight premium, but nothing like the premiums quoted above.
I doubt I will be able to buy any if I am not willing to pay a premium.
Old holders are like toning,,,,,,, some are pretty but I don't want to pay up for them.