97,565 coins on eBay - 11,030 are slabbed - 89% RAW

relayer

If you search under US Coins, you see 95,000 listed


If you type in (ANACS,PCGS,NGC) in the Basic Search box, it shows only 11,000

PCGS is 6559 or 6%
NGC is 4015 or 4%
ANACS is 790 or 0.8%

leaving 89% in either junk slabs or raw.

coinbuf

Scarry

Chris

JadeRareCoin

I have many raw coins on eBay and a few certified. A lot of the coins are not worth slabbing (worth $50 or less), so the numbers can be misleading. Bottom line is that you have to look at each coin, read the information, and make sure that you are dealing with someone who is trustworthy.

joecool

dorkkarl

so maybe there's hope?

K S

Purple73

A lot of the coins are not worth slabbing (worth $50 or less)


Hmmmmmm?


PURPLE!

291fifth

A fellow coin club member regularly buys raw, low value coins on eBay. Surprisingly, a good percentage of them are correctly graded.

WACoinGuy

If you look at gold coins (where you're less likely to have low-priced coins not worth slabbing), you have slightly different statistics:

2913 total, 666 slabbed = 23% slabbed

Which is still 77% raw or not in one of the big three slabs, but is a bit different than the original number.

lathmach

Sounds real low.
I have 13,900 on Ebay myself right now for sale.

Ray

GOLDSAINT

As time marches on over the next couple of years, Raw coins, and off slabs, on Ebay will become more and more dangerous to purchase. Most of the coins there will have been submitted for slabbing at the "big three" and will have been bagged. This will certainly be the case in the older and more valuable coins. I think that more and more dealers are using Ebay to dump the coins that are bodybagged or are just common dates they want to rid themselves of. Since premiums are now well over 30% for top slabs most dealers will send nearly everything in to be slabbed and sell the rejects on Ebay or at shows.Collectors of higher grade material must be very careful as time goes on buying raw and off slabbed coins anywhere if they ever hope to break even on their collections as an investment. It is possible that we might see a two sided market in the near future, with higher grade slabbed coins continueing up and raw, or off slabs, moving down. A case can already be made that "real" money will only buy slabs of the top two companies.