price for sample slabs
TROUT70
Posts: 219
how do you determin a price for pcgs sample slabs ? i have 2 wheat cent pcgs sample slabs . thank you
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Comments
Liberty: Parent of Science & Industry
42/92
FrederickCoinClub
I've been selling mine below face and consider myself fortunate.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
At the same time I don't understand why people collect beanie babies, pogs, cabbage patch kids, gold plated state quarters, etc...
<< <i>No offense, but for the life of me I can't understand why anyone would pay a premium (heck even a buck) for a sample slab? >>
Sell me as many as you have for $2 each. Some are really scarce and collectors of samples know that and are willing to pay over $100 for a few types.
<< <i>You can't determine a set price since few collect sample slabs. Get as much as you can! >>
All you need is one or two sales and the prices start to appear just like all other coins. I can get a good feeling what something will sell for in samples and adjust my buying price accordingly. I might buy a sample for $5 and sell for $7. Not a killer profit but enough to make it worthwhile.
Is this like yours?:
PCGS 10 from my website:
<< <i>This slab was once thought to be scarce. It might still be semi scarce if no one saved them, but recently I found out from David Hall who told me “These were an item in a Random House marketed Scott Travers "Coin collecting starter kit. "I believed we did either 50,000 or 100,000 of them.” If this is the true production numbers, this is the largest number of samples made for any time from any of the services! Most samples don’t even have 1,000 made of one type.
The Back of the slab is Green and white and does not have the hologram. The dates I have seen range from 1918 through 1929 and each coin is in Fine through Extremely Fine condition. Group lots of 4-8 of these samples can easily be found. This type could still be a challenge for a “short set” of sample slabs by trying to get one of each date. >>
These sell for $5-10 each depending upon the condition of the coin and the slab.
Cameron Kiefer
yes, the condition of the slab is important, and slabs are graded on a 70 point scale, from mint-70 down to poor-1, just like coins.
someday, rare slabs will themselves be encased in authentication/grading slabs, to protect their delicate surfaces and to protect slab collectors from "doctored" slabs (scratches polished off, tampered with slabs, outright counterfeits of rare types)
then, someday, people will collect those slabs.
one can envision a day when one collects half a dozen layers of plastic, like one of those Russian dolls, which may or may not have a coin inside.
Liberty: Parent of Science & Industry
I know you are joking, but people who read this forum like Trout might not know. He is trying to find info and slab collecting bashing isn't going to help any.
Cameron Kiefer
<< <i>slab collecting bashing isn't going to help any.
Cameron Kiefer >>
au contraire, it may save him God only knows how much money and effort but enabling him to pay attention to the coins, as opposed to the plastic.
someday, rare slabs will themselves be encased in authentication/grading slabs, to protect their delicate surfaces and to protect slab collectors from "doctored" slabs (scratches polished off, tampered with slabs, outright counterfeits of rare types)
Hey I have a slab that had a scratch that was removed. Do you think ANACS will net grade the slab?
Rgrds
TP
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>I've been selling mine below face and consider myself fortunate. >>
DAMMIT BOY!!!
<< <i>At the same time I don't understand why people collect beanie babies, pogs, cabbage patch kids, gold plated state quarters, etc... >>
Amen to that...Is there a forum for junk collectors?...
Cameron Kiefer
Cameron - Nice spread! Now you're getting the hang of it! Soon, we'll have you buying COINS!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
No. Someone better get TROUT70 collecting MS65 1881-S Morgan dollars and STAT, before it's too late.
peacockcoins
condition IS important.
the rest was a bit of a jest, I admit, although it is an interesting image, no?
Liberty: Parent of Science & Industry
Baley - Are you daft?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Cameron Kiefer
<< <i>I didn't mean to make fun, but point out that sample slabs are legitimate collectors' items
Baley - Are you daft? >>
Come on, Andy. Think outside the slab...
peacockcoins
Quite frankly, I put them on the same level as collecting obw memorial cents rolls (or other denomination rolls). A fun and inexpensive way to collect paper wrappings of the various old banks in the USA.
I was there collecting sample slabs back in the 1990's long before anyone ever thought of them as sample slabs. They were curiousities then.
Now collecting old black NGC slabs is the real thing. Big time!
That is certainly all about the plastic. Let the flame wars begin but I suspect that those black NGC slabs will outperform nearly every coin in the coin market in the next 20 years.
Collect what you want, but I blame Cameron for my recent interest in sample slabs.
Cameron,
Samples Rock!