What would you do? EBAY offer on my Sample Slab
Walkerlover
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So I posted on EBay my Inaugural Sample Slab and received an offer of $115. I think the run is 5000 limited sample slabs. What would you do, sell or hold? Thanks for your thoughts.
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Which sample slab? The CACG? I see there is one on eBay for 125 or best offer. If that is yours and you were willing to consider offers on 125, I would take the 115. It seems like more people are listing their CACG sample for sale and the initial market frenzy is cooling off (as it should given the large number of these slabs). I'd expect these to settle closer to $50 in the long run (maybe even less if we find out that there are more out there than initially expected).
Novice, not to be listened to but um money in the hand...
If you got it free and are not interested in collecting it for yourself, sounds like $115 in profit.
I see people have paid over $200 for them recently. I have made offers for $50 (none have been accepted haha)
Based on responses and counter offers $120ish seems to have a buying audience.
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Sell
It’s what a $4 coin in a sample slab. What a farce. Sell it before the opportunity goes south.
Keep it as a cool item. It'll be neat to look at in a decade or two. $125 or $115 or $4, it's not going to break your bank either way. Just toss it in a drawer and forget you have it for a few years.
Sell it. There will be tens of thousands of these things flooding the market in the next few months.
I bet you can pick up another in January 2024 for a tenth of the $115 price.
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Flip a coin. Heads keep tails sell. Your welcome 🙏
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Interesting..... I received one CACG sample slab in my batch of 10 sample slabs with the obverse of the VA statehood quarter facing forward. Might be the only one I have ever seen this way. I have not heard of anyone else receiving their sample slab this way.
I just did
Seriously? This seems so petty and insignificant. You actually think someone will strive and pay more for a sample slab with the coin facing the opposite direction?
What may seem petty and insignificant to you may not be to someone else. To each their own!
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Teach me please. Let’s say a normal cac sample with the Virginia quarter reverse side up is worth $115 (like the op mentioned). What would you pay for this slab with the Washington head facing up?
Flippers unite. They outnumber collectors.
He didn’t say anything about it being worth more, only that it was different and possibly quite unusual.
5000 seems like a really high production number for a sample slab. Is that enough supply to meet demand? I guess we'll find out as the initial hotness of these wears off and they start appearing on eBay in larger numbers. As a collector of sample slabs, I'd love to have one in my collection, but I'm going to wait and see what the prices do before spending that kind of money.
Got it. So it’s worth the same and should be classified as unremarkable. Purpose of the sample slab is the slab, not the coin.
If the slab has a South Carolina quarter in it (versus a Virginia) and is labeled as a Virginia quarter, the sample slab label is the error causing significance. Orientation of the correct coin in a properly labeled sample slab is insignificant value wise.
That’s only the Sample slabs released for CAC collector members. There were also a few thousand given to investors and dealers and will be another unknown amount for the ANA show.
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They have before, but generally, it is a "hey that's cool" vs. more money.
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Well, I know the guy doing the cataloging - CACG missed the 31 March 2023 cut-off for the 3rd Edition of the Sample Slab book. But when he gets around to entering it, the entry will read something like this
Manufactured in exceptionally high numbers for a sample slab (5,000 reported) to introduce the new CACG company and slab to a wide audience. While there might have been this many rattler samples made (no estimate for PCGS-010-1-3 is available), those were made over a period of several years. Initial sales on eBay were very strong but faded as the large quantity made became known. Several minor variations are reported, including one with Washington's head showing as the obverse of the slab, and a South Carolina 50SQ with Virginia on the label.ANA 50 year/Life Member (now "Emeritus")
You can't go broke taking a profit.
I don't collect them, so I wouldn't pay anything. I'm just saying there is always someone who will.
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In the immortal words of The Joker: Go on, take the money and run.
If in green yes - take the cash flow.
I'd take the $115 before they start selling for $30. There are a LOT fewer than 5000 sample collectors out there.
I like the look and feel of the holder. Anyone know if this holder will stack like the PCGS slabs??
I have to edit my previous statement.. It appears the 5,000 Inaugural sample slabs, all containing the 2000-P state quarter were given out to the original investors, dealers and current collector members. The Sample slabs to be handed out at the ANA will be the 1999 Pennsylvania State quarter with a different insert.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
I would place a collect call to Mortimer Duke of Duke & Duke to investigate whether they are planning to corner the market-
might be a rather one sided call though... best of luck with your decision.
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I never suggested that someone will strive and pay more for a sample slab with the coin merely facing the opposite direction. However, it never hurt to ask around. There are strange buyers out there.
I'm willing to pay more. 🤷
If anyone is selling, let me know.
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How did you get 10?
The holder game on steroids? Unbelievable rofl.
Better flip it b4 goes down - not even a $5 coin is it? NN FMV on Ch Unc of that issue is 80c. So fudge MV up to a $ for it?
$115 would buy 2 Pcgs 70 ASW from my whosaler source at $54 each / CPG $88 each (Mkt retail). Get outta that sample slab herd craziness into something that’s actually a real deal. That’s how I would roll on that.
One sold on facebook today for $130 (net to seller, no fees)
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The best money on items like this is the quick money. Unless you have some sentimental attachment to it, I'd sell it.
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If its an 80c coin per NN like that one it should not be a difficult decision to sell it if offered $115. That buyer could lose interest in a heart beat. Sell it to him.
Success in RCI requires good, decisive, quick decision making especially if a whale / high profit buyer.
Take a look on what they going for ion GC and that should help your decision.
Take the money and run!
I invested $100K into CACG. So this was a small dividend on my investment.
Curious what the $100 k invested in (US Classic Coins? Don’t see any of that out).
I believe he means he invested $100k in the company. Not graded coins.
I hope you end up getting more than VA state quarters in dividends 😆