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Are most Latin American coins out there raw?

Or most graded? Do you guys have many raw coins in your collections? If so why have you chosen not to have them graded?

Collecting interests: Mexico & Peru early milled 1 reales + 1796-1891 US dimes

Sports: NHL & NFL

Thank you Lord for another beautiful day!!!

Comments

  • SapyxSapyx Posts: 1,959 ✭✭✭✭✭

    I would say yes, most of these coins are raw, because most of them are not in North America. A large majority of them are presumably still in their country of origin, unless they were specifically issued as trade coins.

    I'm in Australia, and I own several nice slab-worthy Latin American coins. None of them are slabbed.

    As for why, well, outside of North America, slabbing is still a "weird American thing". Yes, it is becoming more common, but it's still by far the minority of coins and collectors involved, and for those who are involved, it seems to be primarily investors, rather than collectors, that want slabs.

    It's also expensive, slow and (for those in non-first-world countries) risky to send coins off to America for slabbing.

    Waste no more time arguing what a good man should be. Be one.
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  • SimonWSimonW Posts: 557 ✭✭✭✭✭
    edited December 3, 2023 3:09PM

    I would say yes, in the series’ I collect I have to send the vast majority in for grading, they’re very hard to find already in slabs.

    I'm BACK!!! Used to be Billet7 on the old forum.

  • BoosibriBoosibri Posts: 11,818 ✭✭✭✭✭

    Most US coins are still raw, they just aren’t worthy of slabbing.

    The better question is what percentage of the top Latin American coins are known / slabbed vs raw in collections outside of the US.

  • PillarDollarCollectorPillarDollarCollector Posts: 4,593 ✭✭✭✭✭
    edited December 3, 2023 4:46PM

    @Boosibri said:
    Most US coins are still raw, they just aren’t worthy of slabbing.

    The better question is what percentage of the top Latin American coins are known / slabbed vs raw in collections outside of the US.

    Did you mean most Latin American coins?

    Collecting interests: Mexico & Peru early milled 1 reales + 1796-1891 US dimes

    Sports: NHL & NFL

    Thank you Lord for another beautiful day!!!

  • BoosibriBoosibri Posts: 11,818 ✭✭✭✭✭

    @PillarDollarCollector said:

    @Boosibri said:
    Most US coins are still raw, they just aren’t worthy of slabbing.

    The better question is what percentage of the top Latin American coins are known / slabbed vs raw in collections outside of the US.

    Did you mean most Latin American coins?

    No, most US coins are also still raw.

  • AchoriAchori Posts: 84 ✭✭✭

    Half of my collection is raw, and half graded. The raw are all worth grading them, but not necessary to do it yet

  • NapNap Posts: 1,698 ✭✭✭✭✭

    Most coins in general are raw, and many of the slabbed ones probably should be raw.

  • ELuisELuis Posts: 763 ✭✭✭✭

    I will say that many are available raw, I have a few years that I knew that coins were avail slabbed/graded. I lived in Irvine, Ca in the mid-90s and never went to the coin/show/expos very closed to were i was back then, well the reason I did not knew existed or put any attention to the grading companies et-al.

    To the small shows that I have been, too many are still being sold raw.

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