Crack it out (and have it raw) or keep it in a holder and put a label on it--Your thoughts

Julian

Good day, all

As some of you know, I do not submit coins for opinions. However, as a dealer, coins ofter come to me in holders.

Currently, if I do not agree with the holder, I just put a label over the grade and put my opinion on the label.

Would you rather see coins with a label over the grade ( I always tell my customer the assigned grade, if they ask) or would you rather see them raw?

You may PM me or post. I very much appreciate your input.
Julian M. Leidman

Title edited for more input!

kieferscoins

It is really annoying when this is done. Especially dealers that have a case full of SEGS holders with a sticker over the label with the dealers grade on it. The grade is even higher than the slab!

Cameron Kiefer

cscoins

Well, neither really. I'd like to see the dealer's grade NEXT TO the slab grade. An educated consumer could look at both, look at the coin and make a decision.

zenny

Julian

I have no problem with your grading the coins yourself. I'm curious how many you grade higher and how many you grade lower, though.

z

nwcs

I think PCGS's rules for authorized dealers is that they can't do that. I would imagine that NGC is the same.

Bustman

I wouldn't like either. I don't buy raw coins, and seeing a dealers label on the holder would be a turn off. No problem with you mentioning to whom ever may look at the coin that its undergraded.

MrEureka

Would you rather see coins with a label over the grade?

I don't really care, but I'm curious to know how many stickered slabs you're able to sell collectors at the next grade. I'd think it would be futile and that (with very few exceptions) only the sharpest dealers would have the confidence to pay the next grade. Am I right?

NumisEd

If you guys have ever seen Julian's coins, you would know that the technical grade is usually of little importance. His coins almost always have incredible eye appeal. Same thing with greysheet.....furgetaboutit. His coins are usually special items.

So, to answer you question, Julian, I would prefer to only see raw coins. I trust your grading over ANY grading serive on ANY day. Mainly because you can grade based upon known characteristics for a given variety, not commercially.

The only problem with not having coins in a slab is that people like XXXXXXX will not be able to buy anything from you, as they are brainwashed into thinking that if it's not in a PCGS coffin, then the grade cannot be trusted. But then again, maybe you only want informed clients and not the mass sheep-like collecting public who barter in a sea of slabbed state quarters.

dorkkarl

make 'em raw, julian, make 'em raw! i have never failed to be amazed at some of the coins you come up with. i LOVE to see the coin w/out the encumbrance of 15 square inches of plastic.

just the coins, please!

K S

Dog97

I don't like labels where the dealer has second guessed the grading service. If it's a junky coin-give a discount, if it's a nicer coin-then charge more.
What I'm saying applies to typical coins & holders.
If you are asking because you have something fraudalent like MS 63 coins in ACG 68 holders then by all means crack them out.

g097103

Crack it out. Slabs are only good for shipping.

kieferscoins

<< <i>The only problem with not having coins in a slab is that people like Cameron will not be able to buy anything from you, as they are brainwashed into thinking that if it's not in a PCGS coffin, then the grade cannot be trusted. >>



Brainwashed huh? I know how to grade. I also know there are things I don't know about grading that only the experts know since they look at 1,000's of coins each week.



<< <i>But then again, maybe you only want informed clients and not the mass sheep-like collecting public who barter in a sea of slabbed state quarters. >>



I buy PCGS slabbed coins for my Copper,nickel,silver type set and not some sea of state quarters. Just because there is a little guy who bows down in my sig line to PCGS dosen't mean I am brainwashed.

Cameron Kiefer

kranky

For the people who know you, they will be OK with the coins being raw (just see comments above).
For the people who aren't familiar with you, the labels create suspicion, because you just don't see very many people labeling over the slab. People who don't know you don't know why you would do that.

NumisEd, please consider refraining from personal attacks in your posts. It really distracts from your comments.

NumisEd

I edited my post to remove any personal references.

jom

<< <i>For the people who aren't familiar with you, the labels create suspicion, >>



That is so true but THAT is the problem. Why the hell can't people learn to trust THEMSELVES and not be a slave to slabs?

IMO, Julian should have the freedom to do whatever the hell he likes and if that means adding a label NEXT to the PCGS grade then fine. That just gives MORE information to the potential buyer for them to make an INTELLEGENT decision on whether to buy. If the coin is graded 64 and Julian labels it 65 (or vice versa) you do NOT have to buy the coin, right? No one is forcing you to do so. You are ALLOWED to disagree. What's the big fricking deal? Folks, it is a matter of opinion...why do collectors always think someone is trying to rip them off? What load of crap. The amount of cynicism in the coin market is truly remarkable.

So to answer your question: Keep it in the slab and put a label if YOU think it needs it. That way you have more than just one opinion. One numerical grade on a slab tells VERY little about the coin anyway, so more opinions the better.

jom

Barry

Julian,
I vote for leaving them in the slab. As has been said many times, the grade on the slab is an opinion. When I see a slab, your grade, then look at it myself, I have 3 opinions, which is better than two. Also, leaving it in the slab provides an authentication guarantee and well as an option for the buyer to leave it as is or crack it out.

crito

Doesn't matter to me. I'd ignore both PCGS' and your grade when deciding how much it’s worth. They’re all raw to me.

But I do think a person who specializes in a series for decades would be more proficient at grading that series than the jack-of-all-trades graders at PCGS. JMHO.

au58

Julian -

Please leave the coin in the slab. Cover it up anyway you see fit. The assigned grade is a data point. When a customer asks to see a coin, I know that you will take the time to explain why you see things differently. To know what a grading service called 65 and you called 64, or vice versa, will enhance the learning experience. Knowing why is just as important.

agfox

I think it's practical to leave it in the slab. You can hand the slab to the customer w/o such a great fear of them dropping or printing the coin. And you should know as a retailer that the customer has a greater chance of purchasing the coin when they hold it in thier hands. Grade it as you wish, but don't hide thier opinion, it does look suspicious since most folks do that with ACG labels (with rightly reason to do so).

ksteelheader

So, we had another print it, go back and edit after its too damn late message again. If you don't have the guts to stick by your original statement, then don't make the damn statement!!!!!!!.....Ken

MrKelso

keep the labels off and let the customer see the slabbed grade.

coppercoins

If you leave them in the slab, you might as well leave their incorrect grade in plain sight, and wholesale the coin a bit because of the overgrading. I personally would rather see it raw because I don't like the slabs in the first place, and would take the coin out anyway. You would just be saving me the trouble if, in fact, the coin was coming cheaply enough for the actual grade of the coin disregarding the slab completely. I won't pay a premium for plastic.

Lakesammman

Hey Julian: Does the sticker say "Gem BU"

Sincerely,

Your adopted Son