Why slab SAE's?

Shocker

Why? Seems kind of pointless to get them slabbed just to make a couple of bucks, assuming you get the MS69 grade from PCGS. Price of coin + cost of slabbing = not much profit after the sale. I'm sure that I'm missing something here. Please enlighten me.

numobri

when you pull out your MS69 set that is slabbed,people will say COOL.

When i pull out my MS69 set still in the boxes,people will say maybe.

jom

Numobri: lol

I've never figured it out either. Hell, if anything, you can put one away in some sort of holder and let it tone over the years. That's what I did with a few modern sets I put together some years ago. If you like toned coins anyway.....

jom

michael

why not................


raw the coins are worth one price

and yet the exact same raw coins slabbed in certian holders with the right numbers on the holders they bring multiples sometimes and more often than not many many multiples of the price of the coin raw


so that is the reason why $$$$$$$$

such is the coin game

sincerely michael

dwood

The cheapest time to make, or likely buy a 2002 SAE in MS69 is...you guessed it....in 2002

That's my guess, but I wouldn't want to make a living selling 21st century high grade SAEs. The margin has to be REALLY small, so the volume would have to be a real pain!

gmarguli

If you hit MS70 then you've got a big money coin. Some people submit it for the thrill. Some want to get high grade coins back and these are easy to do it on. Maybe that couple dollar profit is enough for them?

Dog97

In this case the slab keeps the wire from falling out of the coin. 1997 Silver American Eagle, Struck thru Wire

silverandvinyl

Shocker: I had 2 1997 ASE slabbed and they came back pcgs MS68.Your right,you must have a 69 or 70 to make good money.I thought mine had a chance for the 69,pcgs is kind a tight on them.I just pulled out a 2001 pr and I would bet this one would come back a 69 or 70.I just scanned it in my file if anyone wants to see it.But,I can not scan it on the forum.

keithdagen

Margins on certified bullion are small without a magic 70, but they make a nice way to present a MS bullion piece as a gift.

Steve27

The answer is why slab any coin? To preserve it, to show it's genuine, and to have a third party identify its grade. Do you have any hard questions?

nwcs

Why not? I've slabbed worthless coins for the educational experience or for the fun of it. The same could be asked for almost anything else. Why do people insist they need an SUV when they really don't? Why do people insist on adding extra salt to food before tasting it?

AbesNeighbor

I keep and up to date Dansco album and buy a mint roll each year to put away...maybe my grand kids..If I ever have any, will benefit from this. They do look great in that Dansco album.