Stacks auction without slabs
cameoproofcoins
Posts: 128 ✭✭
How can Stacks continuously come up with auctions that do not have any slabbed coins in them? I just received their last catalogue. Even the rarities are not slabbed. Are they still buying back collections they sold years ago?
Bill
Coin Junkie
cameoproofcoins.com
Coin Junkie
cameoproofcoins.com
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Cameron Kiefer
K S
<< <i>How can Stacks continuously come up with auctions that do not have any slabbed coins in them? I just received their last catalogue. Even the rarities are not slabbed. Are they still buying back collections they sold years ago? >>
Stack's has been working with very wealthy collectors since the 1930's. They know where the collections are and know how to deal with the very wealthy. There are more collections out there than you may realize. Many of these wealthy collectors never attend shows or auctions and only deal thru a large, very high-end dealer such as Stack's.
09/07/2006
<< <i>Eliasberg built his whole collection without a single slab...he seemed to do pretty well... >>
bingo!
so did norweb, so did bass, newcomb, robinson, garrett, etc etc etc. the also did it w/out pop reports, pop-tops & the internet.
amazing what you can do w/out "help"
K S
<< <i>
<< <i>Eliasberg built his whole collection without a single slab...he seemed to do pretty well... >>
bingo!
so did norweb, so did bass, newcomb, robinson, garrett, etc etc etc. the also did it w/out pop reports, pop-tops & the internet.
amazing what you can do w/out "help"
K S >>
Wow! You mean rich, high-profile collectors were able to put together a great set of coins without the reources an ordinary human might find useful? I learn something new every day, that's why I stick around here!
K S
You mean like making a multi-million dollar mistake, calling a real 1913 nickel a fake?
Stacks may be dealing with old collectors and money, but, IMO, their not dealing with smart collectors.
The phrase "Worth more out of the holder" isn't just a line of B.S. If you take this kind of coin out of the holder and put it in an auction as raw, all it takes is one person to see it as a higher grade to make the crack-out a wise action. And if you get two people who see the coin that way...