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How Many People feel coins should be slabbed?

I'm asking because I have been thinking about slabbing my collection (or a few coins in my collection) but I'm not sure if it needs to be done?

Comments

  • MyqqyMyqqy Posts: 9,777
    It really depends on the value of the coins, whether or not you're interested in selling them soon, if you have interest in a registry program, etc...... we would need details to provide opinions........ image
    My style is impetuous, my defense is impregnable !
  • numonebuyernumonebuyer Posts: 2,136
    Slabbing also helps protect them. Not the best reason, but a reason nonetheless.
  • nwcsnwcs Posts: 13,386 ✭✭✭
    It depends on your needs and how much you want to. In general, coins will sell more easily if slabbed by the reputable slabbers.
  • I would recommend it for scarce dates or higher grades. Simply because higher grade coins tend to be overgraded by whoever owns the coin. Therefore, having a reputable grading service behind your opinion makes potential buyers feel much better about the grade.

    I think key dates in lower grades should also be slabbed, if to do nothing more than authenticate it.

    marc
    They say you need to pray if you want to go to heaven.... but they don't tell you what to say when your whole life has gone to hell.
  • RussRuss Posts: 48,514 ✭✭✭
    There are also estate liquidation considerations. If you have valuable coins and you suddenly assume room temp, your heirs are less likely to get screwed and more likely to get maximum money if the coins are graded.

    Russ, NCNE
  • If you like putting round objects into rectangle containers, have at it. Seriously, all my value coins are in slabs. As someone already mentioned, protection. But, there isn't a slab out there that adds any cosmetic appearance to the coin.


    Jerry
  • FairlanemanFairlaneman Posts: 10,423 ✭✭✭✭✭
    Yes for protection so future generations may enjoy a pristine coin also.

    Newer collectors should have seen what happened to a coin before the TPG's came along. Many dealers just considered a coin a piece of merchandise and really did not take care of their inventory like they should have. This is still going with the folks that despise slabs. Have you ever had a dealer flip a coin across the table at you either in a flip or slab ? This is what I am talking about. How many flips in a flip does it take to lose a grade ?

    Ken
  • Conder101Conder101 Posts: 10,536
    I am very much against slabbing but even I will have to admit they do have the protection advantage going for them, although that could be accomplished through the use of the Coin world shells. There are also some coins which are VERY frequently counterfeited (09-SVDB, 16-D dime, a lot of gold coins) which even I must admit it would be a good idea to have examined. I will also agree that having them slabbed by one of the major services greatly improves their marketability because most buyers out there have no faith in their own opinions.
  • Dealers not taking caref of their inventory bothers me too.
    I once wanted a SAE coin at a show, the dealer picked it up out of a case, with his fingers like a common penny, and tossed it on the table top, and then went to look for something to put it in, like a paper envelope.
    I changed my mind and went elsewhere. Just what I need, fingerprints all over a AU SAE coin.
    image
  • merz2merz2 Posts: 2,474
    I have been contemplating this question also.I have a "Key Date" Lincoln (1914-D).It is XF*AU at best.While it isn't high grade,I've think it might be better protected by the slab.
    Don
    Registry 1909-1958 Proof Lincolns
  • BikingnutBikingnut Posts: 3,375 ✭✭✭
    I don't think its a matter of wether they should be slabbed, but a matter of what you want. I think properly slabbed coins offer the best protection against the elements, but if you prefer raw then collect raw. I collect both raw and slabbed.
    US Navy CWO3 retired. 12/81-09/04

    Looking for PCGS AU58 Washington's, 32-63.
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    Well, I am probably the wierdo on here. I have the more valuable stuff, in general, slabbed. However, I have been working on a high grade type set in a Dansco album. I have been buying high grade certified valuable coins and cracking it out to put in there.

    I have also been known to have a coin certified only to crack it out. I have been doing this primarily for my family's sake. I keep all certs (such as the type set) so they would have an idea as to their value and no one rips them off.
  • I agree with Russ. Your coins typically will have increased liquidity if they are slabbed, and there is less "wiggle room" in the pricing with all of the price guides available.

    Greg
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Expensive coins, yes. Worthwhile for authentication, street value, protection. Cheap ones, buy them already slabbed if you want it that way, make someone else foot the bill for slabbing.
    coinimaging.com/my photography articles Check out the new macro lens testing section

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