Home U.S. Coin Forum

Does anyone have a problem with slabbing being too expensive?

I might.
Scott Hopkins
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.

My Ebay!

Comments

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Nope. I don't submit, so someone else pays to slab the coins.

    then I unslab them!

    Liberty: Parent of Science & Industry

  • What's the point in slabbing your coins, Scott? Planning on Resale? Registry? Protection? Just for the Hell of it?

    For Resale: Slabbing Good in most cases...

    For Registry: Eh... you can usually find the coins in your price range cheaper, if you buy them already slabbed, rather than trying to make them yourself, unless you REALLY know what you're doing and how to grade the series...

    For Protection: Save your money, buy CoinWorld Slabs

    For the Hell Of It: Complete Waste of Money...
    -George
    42/92
  • George, you always make me laugh, I just wanted to stir up some conversation.image
    Scott Hopkins
    -YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.

    My Ebay!
  • GonfunkoGonfunko Posts: 1,481 ✭✭✭
    Slabbing is too expensive. How much does it cost for a hunk of plastic and three seconds of some guy's time to grade and put a fingerprint on a coin? If slabbing were more like $5, I'd submit many more coins.
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Buy less expensive coins already slabbed if available. Make someone else foot the bill/loss for it.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • BillJonesBillJones Posts: 33,964 ✭✭✭✭✭
    I would not like to see slab fees get any lower. The reason is that if the services become too fast and lose with the certification process, the quality will suffer. More misgrading will appear, and there could even be more problems with counterfeits getting through.

    Besides for most coins that should be slabbed, the slabbing fee is one of minor expenses. Usually you pay the results of the slabbing process (the grade assigned to the piece) not the actual fee itself.

    Spending money on a slab fee does not necessarily raise the value of the coin. An MS-63 common date silver dollar is pretty much worth the same amount of money in or out of a slab.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    No, judging by the avalanche of submissions they receive, one might argue that it is too cheap!

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file