Which TPG's add value to a coin...
291fifth
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beyond the cost of the slabbing itself?
Do any of the major TPG's actually subtract from the value of a coin vs. what the coin would bring if raw?
Make the assumption that the coins are properly graded.
Do any of the major TPG's actually subtract from the value of a coin vs. what the coin would bring if raw?
Make the assumption that the coins are properly graded.
All glory is fleeting.
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That's my question.
``https://ebay.us/m/KxolR5
``https://ebay.us/m/KxolR5
Just the mention of SEGS is a "Oh no, now what kind of response" I will actually be way more critical of the coin by assuming it must have some damage or something else wrong with it that kept it out of a PCGA or NGC holder.
Just the way I think, I am not saying it is right.
I see an awlful lot of coins that shouldn't be in a holder at all and are bringing less than the grading fee and selling fees.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
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<< <i>For me it is the big three. PCGS, NGC and ANACS. They do "add" value. I know I am going to look at a coin that is close to what is printed on the paper. It saves me time when hunting and dealing. It adds a certain level of reliability that saves me time and is therefore worth money to me.
Just the mention of SEGS is a "Oh no, now what kind of response" I will actually be way more critical of the coin by assuming it must have some damage or something else wrong with it that kept it out of a PCGA or NGC holder.
Just the way I think, I am not saying it is right. >>
+1 agree 100%! On the lower slabbers, if it is high grade coin, I assume they tried PCGS/NGC and it was body-bagged and a problem coin.
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
Suppose that the collector submits it to PCGS, and the professional graders determine that the coin qualifies as a 65. And, of course, the coin looks every bit of a solid 65 in its handsome holder. The delighted collector proudly posts his new coin & grade on these boards -- certainly not as spam, mind you -- and soon receives lots of PMs offering about $2,500 for the coin (a price that's comparable to auction results for slabbed 65s).
Under these circumstances, is it fair to say that the services provided by PCGS added $1,500 of value? Is the value added to the coin itself? On balance, is this good or bad for the hobby?
K S
<< <i>my answer is none. tpg's add COST not "VALUE"
K S >>
Car salemen add cost and not value. A car is in reality only worth what the manufacturer sells it for. In your case DK what you say is true only if all collectors are of equal ability as far as grading. TPG's take a lot of the guesswork out of the hobby for those who are not into it as deeply as some others.
<< <i>
<< <i>my answer is none. tpg's add COST not "VALUE"
K S >>
Car salemen add cost and not value. A car is in reality only worth what the manufacturer sells it for. In your case DK what you say is true only if all collectors are of equal ability as far as grading. TPG's take a lot of the guesswork out of the hobby for those who are not into it as deeply as some others. >>
you say "guesswork", but i say they take the INTELLIGENCE out of the hobby. any nimrod can look up a slab grade # in a price guide & fork over the bux in that column.
no question, plastic had dumbed down the hobby DRAMATICALLY.
K S
Yes but that guy selling a gem as MS67 when it is a MS65 has been curtailed too.
And dealers buying MS coins as AU?
I think for many issues <$50 (and often even more than that), you will have a difficult time making more slabbed than the cost of slabbing. Except to round out an economy submission, I try to avoid submitting coins worth less than $200.
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I'm not always happy with the market price paid for some of the coins I've sold to try and MAKE extra money. Lots were raw, some were slabbed. I think what adds value is a trustworthy relationship between buyer and seller. The plastic is there to help stabilize that trust.
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<< <i>Depends on what segment of the market you look at. Generally it is, in order, PCGS, NGC, ANACS and ICG. It you look at high MS/PF, ultramoderns, ..., it can differ considerably. Only where registry relevant or for keys (93-S Morgan, 16-D dime, ...) are they valued a lot differently in grades through XF.
I think for many issues <$50 (and often even more than that), you will have a difficult time making more slabbed than the cost of slabbing. Except to round out an economy submission, I try to avoid submitting coins worth less than $200. >>
top of their game (i.e. strict market perception):
US coins: PCGS
world coins: NGC
ancient coins: ICG
<< <i>I am not hyping PCGS, I have 81 nieces and nephews and 85 great nieces and nephews. Not much is safe with kids around all the time. Got fingerprints ? >>
That's not a family tree! That's a whole friggen forest!
Rob
"Those guys weren't Fathers they were...Mothers."
you say "guesswork", but i say they take the INTELLIGENCE out of the hobby. any nimrod can look up a slab grade # in a price guide & fork over the bux in that column.
no question, plastic had dumbed down the hobby DRAMATICALLY.
K S
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I would think that at the very least you would know if that slabbed coin was acceptable for the grade on the label.