Who cares what TPG holder the coin sits in?
RYK
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In another thread (re: ICG), I came to the conclusion that other than for resale, it does not matter whose holder my coin sits in while I own it. Yes, there is the issue of aesthetics, and I do prefer that clear thin plastic rather than thick white plastic surrounds my coins. Some people do enjoy the PCGS registry, so it is important that their coins at least have been in a PCGS holder. Inert hard plastic is a great way to protect your coins from drops, new scratches, etc. While they are sitting in your desk, cabinet, safe, or safety deposit box, however, does it really matter what kind of hard plastic surrounds your coins?
The time that does matter is when it comes time to sell your coins. While one's true intentions indeed might not be to sell one's coins for many years (or forever, for that matter), interests change, and, regrettably, forever could be a lot closer than we think.
As an example, let's say that I am the owner of this #3 registry set of mercury dimes (I am not). Instead of leaving the coins in the PCGS holders, I decide I like the set better in a capital holder with all the coins together. For unexpected reasons, the set must be sold (change of interests, unexpected death, financial crisis, etc.). Will a dealer pay more or less for the set in the capital holder or in paper envelopes than he/she will in the PCGS holders? Given the choice, for resale consideration only, would you rather have these same coins in a PCGS holder, an ICG holder, or raw?
The exception would be truly magnificent sets like TDNs seated dollars, Cardinals early dollars, etc. where the coins are pedigreed and the value of the coins transcends the plastic. For most of us, regrettably, this does not apply.
Of course, buy the coin, not the holder. But also, buy the coin, sell the holder.
The time that does matter is when it comes time to sell your coins. While one's true intentions indeed might not be to sell one's coins for many years (or forever, for that matter), interests change, and, regrettably, forever could be a lot closer than we think.
As an example, let's say that I am the owner of this #3 registry set of mercury dimes (I am not). Instead of leaving the coins in the PCGS holders, I decide I like the set better in a capital holder with all the coins together. For unexpected reasons, the set must be sold (change of interests, unexpected death, financial crisis, etc.). Will a dealer pay more or less for the set in the capital holder or in paper envelopes than he/she will in the PCGS holders? Given the choice, for resale consideration only, would you rather have these same coins in a PCGS holder, an ICG holder, or raw?
The exception would be truly magnificent sets like TDNs seated dollars, Cardinals early dollars, etc. where the coins are pedigreed and the value of the coins transcends the plastic. For most of us, regrettably, this does not apply.
Of course, buy the coin, not the holder. But also, buy the coin, sell the holder.
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BTW, I am Capital Board Freak. IMO there is NO comparison to holding a complete set of ANY series of coin in ANY condition in your hands all at one time like you can with a Capital Board. Sure beats the HE33 looking at blue storage boxes or 9 coins at a time in a note book.
WS
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I collect US gold coins, too, and I contend that while the coins are in my possession it should not matter what holder the coin is in. Only when the coin is being sold, should it matter. Being realistic, I would not take the coins out of the holders because of the inherent inconsistency of the grading process.
Thanks
BST successful dealings with:MsMorrisine, goldman86
As for me, I tend to stick to PCGS or NGC coins. The reason? The main dealer that I buy from for my "real" collection only sells those items. For lower level purchases, I am more open to other holders, but I don't feel comfortable with my own grading skills yet to really tell if the coin is accurately graded or not. I guess it is possible that a first tier slabe could be misgraded too, though. So in summary, I think the slab only matters when you sell, and who you plan to sell to.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
It depends on what grade is on the label and what buyers are available at the time. In a hot market, with great coins, you might be better off maxxing out the set so that many of the coins are in higher graded holders. For instance, suppose that Brand A will grade every coin a 64. Suppose that Brand B will grade half of them 65 and half of them 64. And finally Brand C will grade 10% 66, 80% 65 and 10% 64.
Which is the better way to sell your set?
It depends on the buyers available at the time. If they are willing to pay full 65 money for Brand B coins and/or a significant portion of 66 and 65 money for Brand C coins, then you are leaving money on the table as a seller by going with Brand A unless the buyers available at the time are willing to pay HUGE premiums for nice Brand A 64's.
Note that this is an example taken to the extreme and not meant to represent any company's actual grading!
What was one of the major factors of the TPG when they first started? I'm sure we can come up with plenty of ideas but let me clue you in on what I'm talking about. Many collectors did not know how to properly grade AND many non-collectors that have lots of money to spent (Investments) knew nothing about grading. Many a times the non collector investors were duped by authenticity and grade. Over the years, PCGS has shown time and time again that they are tough, consistent, user friendly and pretty accurate, not to mention their grantee. Many non-collector/investor types came to know them as well as the collector world as being the best.
Keep in mind, first impressions are always the lasting impressions, PCGS came out the door like a thoroughbred and continue to tweak any problems that arise. In my eyes, they stand at the top, with NGC closely at their heals, but in the end, there is only one on top.
Just my opinions,
Ray
few coins meet the above approval
Russ, NCNE
it's my personal decision
Just last month I had a serious discussion of cracking my D-Mint type set and placing in a real cool black capitol holder. I was talked out of it, but I am sure I will visit the topic again in the future.