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another slab???

GeomanGeoman Posts: 2,491 ✭✭✭
I ran across this tonight. Is this a new one, I haven't seen it before. I could make that in my basement if I wanted to.image

imageimage

Comments

  • PlacidPlacid Posts: 11,299 ✭✭✭
    Conder might have to do a 1st revison of his book now image
  • Where did you find that? It might be worth including in the Miscellaneous section. Do you have a better picture of the reverse? One that doesn't have the top cut off.

    As for revisions of the slab book, I already have three items to be included in the second edition. Now if I can just get the first edition out!
  • wayneherndonwayneherndon Posts: 2,356 ✭✭✭
    Isn't that just a 2X2 flip with a coin heat sealed in one side and a label bradded in the other side? Does that qualify for a "slab"?

    WH

  • I actually have a similar type $20 St. Gaudens that my grandmother bought a long time ago. My guess is that it was the first attempt at assuring a buyer what the grade is by a professional.
    Merc collector.
  • GeomanGeoman Posts: 2,491 ✭✭✭
    Condor,

    I found it surfing the Yahoo! Auctions. Here is the link for that auction.

    Threre are pictures on the auction page.
  • MrKelsoMrKelso Posts: 2,907 ✭✭✭


    << <i>I ran across this tonight. Is this a new one, I haven't seen it before. I could make that in my basement if I wanted to.image

    imageimage >>




    Hmmmmm 18 East 48th street I am trying to picture in my head what is over there nowadays i go that way a lot........ Nope doesn't ring a Bell I know the buildings in the area but don't recall ever seeing that name.

    Cool !!!!


    "The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
  • If I'm not mistaken WH is correct.

    I actually had a few of these "slabs" back in the late 70's / early 80's

    I think the reason for the "heat sealed 2x2" was to protect their return policy of no returns if the coin was removed from the original holder.

    Jim
    ANA Member R-213302
  • wayneherndonwayneherndon Posts: 2,356 ✭✭✭
    If you look closely, just above the coin and below the fold in the 2X2 you'll see the diagonal line of the heat sealer. Anyone can get one of these to seal flips for about $20. I have one that I got a great buy on (about $8) and it makes a line exactly like the one shown in the picture. I'm sure I could get some for about the same amount that puts the brad in the other side. Voila...a slabbing business for under $50, a $24,950 savings over the ACG package.

    WH
  • Who needs the brad/rivet on the other side. You could cust heat seal both sides. Look out eBay!
    "Don't talk like an ignarosis."

    I specialize in Wisconsin currency! Looking for information on WI national banknotes. Census stands at 12,318 notes.

    **"Wisconsin National Bank Notes - 2nd Edition" is out!!!" Only $20PPd!!!
  • Actually yes, in some cases that is all you need. It depends on what your intent is. Are you just a dealer trying to prevent coin switching, or are you actually trying to represent yourself as a grading service? In the case of this example here I would say it appears to be more of the former. Many dealer use heat sealed flips to prevent swapping and they are not in the book. But there are several services that HAVE used the sealed flip technique. ICCS, the premier grading service in Canada does that. So does ACGS the grading service from Perth, Australia. There are some others.
  • UncleJoeUncleJoe Posts: 2,536 ✭✭✭
    That's the diamond district and a lot of those dealers also deal in coins on a limited basis but I am not familiar with this company.

    Joe.

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