Was this really necessary?

GoldenEyeNumismatics

teletrade auction

Holdering a coin like this seems to just be a waste of money

Elem21wed

Are you talking about the "obverse scratched and improperly cleaned" label. What happened to buy the coin and not the slab. I think this would be a good coin for someone starting out who wants what I would call a pretty nice $5 gold eagle. What out there is not improperly cleaned. So basically what you have is an average condidtion scratched coin. Sounds like 90% of my collection.

Christopher

droopyd

i suppose it's a guarantee that it's not counterfeit, but it definitely shouldn't sell above bullion.

GoldenEyeNumismatics

<< <i>Are you talking about the "obverse scratched and improperly cleaned" label. What happened to buy the coin and not the slab. I think this would be a good coin for someone starting out who wants what I would call a pretty nice $5 gold eagle. What out there is not improperly cleaned. So basically what you have is an average condidtion scratched coin. Sounds like 90% of my collection.

Christopher >>



I would not call it "pretty nice," especially since you can buy a completely problem free piece for a couple dollars over melt.

Arizonadesertrat

No, the slabbing wasn't necessary in this case. Unfortunately, there are lots of collectors who don't have a clue regarding WHEN slabbing makes financial sense.