Does it matter that the Farouk $20 Saint is slabbed?

jmlanzaf

This came up in the other thread so I'll ask it here;

FlyingAl

What about protection of the coin?

jmlanzaf

No, the market would be the same if it were raw.

@FlyingAl said:
What about protection of the coin?

You can buy snap together holders, so no...

That would make for another interesting poll...

pcgsregistrycollector

Yes, for authentication but not grade.

@jmlanzaf said:
This came up in the other thread so I'll ask it here;

Why would you not slab it? Having a 8 figure coin unslabbed seems ridiculous to me.

jmlanzaf

No, the market would be the same if it were raw.

@pcgsregistrycollector said:

@jmlanzaf said:
This came up in the other thread so I'll ask it here;

Why would you not slab it? Having a 8 figure coin unslabbed seems ridiculous to me.

That wasn't the question. Maybe you have a better storage system.

There's only one. The price is not based on the grade on the slab. Its authenticity is not in question. So what do you gain by slabbing it? Especially if it cost you 1% of the value of the coin. [It likely would not, of course. ]

ChrisH821

Yes, for authentication but not grade.

I would also argue that the CAC sticker on that coin means nothing.

JBK

But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

BillJones

Yes, for authentication but not grade.

There is a cerain class of collectors who will never buy something raw, and there are those who would bid less for a raw coin.

The coin is now over graded in the holder, in my opinion, but that doesn't matter.

jacrispies

Yes, the grade matters. It would be worth less as a 64.

The 1933 double eagle is a trophy whale coin. Considering the usual type of collector that buys whale coins, a raw example of any type they would not usually contemplate. A lot of times, the people with the most money don't know exactly what they are buying. It just needs to be shiny with a historically significant story to make it sound like a good investment.

Regarding the grade, I think a high Gem Mint State grade would more attractive for a larger buyer than a circulated coin. If the 1933 double eagle was VF-30 , I don't think there would be as many buyers. Just my opinion.

None of these assumptions specifically reference the current owner or any specific collector.

oldabeintx

I think it matters that it’s slabbed. Authentication, protection, grade all matter. Doesn’t matter a great deal, but it would matter to me if it were mine, if for no other reason than all
my US coins are slabbed. Of note, I would want an EXTRA special custom slab.

MsMorrisine

there are others to compare to, and i'm not a believer of market grading

MFeld

Of course it matters - primarily for identification and authenticity considerations.

braddick

Yes, for authentication but not grade.

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

pcgsregistrycollector

Yes, for authentication but not grade.

@braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

4x4 PVC

MFeld

@braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

Absolutely - I should have included that among the considerations I mentioned.

jmlanzaf

No, the market would be the same if it were raw.

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

braddick

Yes, for authentication but not grade.

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

PerryHall

No, the market would be the same if it were raw.

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

The Capital Holders with the three-piece acrylic panels held together with screws are actually stronger. I've dropped them and also slabs and the Capital Holders were less likely to chip, crack, or otherwise break.

jmlanzaf

No, the market would be the same if it were raw.

@PerryHall said:

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

The Capital Holders with the three-piece acrylic panels held together with screws are actually stronger. I've dropped them and also slabs and the Capital Holders were less likely to chip, crack, or otherwise break.

There are all kinds of archival, museum quality products out there. And if you hands a $20 million coin, you probably have something custom made

braddick

Yes, for authentication but not grade.

@PerryHall said:

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

@braddick said:

@jmlanzaf said:

@JBK said:
But authenticity going forward would potentially be an issue if it was raw. Someone could pull the old switcheroo on a raw coin. Or someone down the road could mistakenly think it was counterfeit, which is what happened with one of the 1913 Liberty nickels.

If the owner didn't care about the actual grade then they could ask for a generic "Brilliant Uncirculated" designation on the label, which might save a few dollars in grading fees.

Could, if it ever appeared anywhere but a major auction house.> @braddick said:

@MFeld said:
Of course it matters - primarily for identification and authenticity considerations.

But also for safe keeping. I can't imagine a 'show-n-tell' involving handing the coin over raw. PCGS slab offers decent protection.

There are plenty of aftermarket holders that are asc good or better for protection.

Please point me in the direction of one that is better.

The Capital Holders with the three-piece acrylic panels held together with screws are actually stronger. I've dropped them and also slabs and the Capital Holders were less likely to chip, crack, or otherwise break.

I have found with Capital plastics there is no gasket to hold the coin in place and many times it'll kind of jiggle around and/or slide right up against the front or back plastic pieces. I am not sure about drop damage compared to the PCGS slab so on that single issue i will defer to you.
Although attractive, I wouldn't place them in a catagory that marks them as superior to PCGS slabs.