Home U.S. Coin Forum

labels....why the premium prices for same grade?

image
image

Same grade....premium price for different label....I see it all the time....20th anniversary especially dramatic differences proof, ms70's

just because they have that "special" 20th anniversary label....somebody explain it to me like I'm a six year old....the burnishes, mint marks,

the same from one slab to the next...but???? The reverse proof is the only exception of course, and it always gets the 20th anniversary

designation....but the others????? Would you pay more for one or the other of my two above samples? First strikes, Early releases, blah,

blah, blah.....talk to me people... image
....and in the end, the love you take is equal to the love you make....

The Beatles

Comments

  • BECOKABECOKA Posts: 16,961 ✭✭✭
    As a collector with OCD, If I have one with the label I need the others to match. image

    Apparently so do others.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Would you pay more for one or the other of my two above samples?

    No, but I would not get mine slabbed in the first place.

    Collectors collect what they want to collect. Trying to understand someone else's collecting methods and madness is often futile.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Labelmania usually is the fodder of flippers and new collectors... that being said, Ryk's analogy is accurate... collectors have a personal focus, and it is that focus that must be satisfied (OCD contributes.. image ) Cheers, RickO
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    There was an article about coin collectors on a popular non-coin website a while back saying coin collectors will do just about anything to make coins rare and more collectible. It mentioned things like collecting by date, mint mark, die variety, condition rarity, etc. The list goes on. Compare this to type collecting or a album collecting without mint marks. Collecting slabs and inserts is an extension of this behavior. While some coin collectors ask why other collectors like certain inserts, many people ask why some people collect coins and go after things like a one letter (mint mark) difference. It's similar to more common collector behavior, taken to the next level.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    People collect special labels and slabs for the exact same reason that people collect coins! There is no rhyme or reason, they just do it!

    Speculators feed these insane appetites and the insane continue to gobble them up!

    Yes, these are the same coin. Yes, the only difference is the slab label but its that label that makes them just a little bit more different than somebody else's. Does it mean the coin has more value? Not necessarily but so what! Does First Strike™ mean the coin is of better quality? Nope, but so what?

    The question you posted is a valid question but it deserves the same merit as asking why do some people collect buttons while other's collect Van Gogh's?
    The answer is always the same.


    There is no rhyme or reason, they just do it!

    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!

Leave a Comment

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