If you're looking to sell a coin........

relicsncoins

That is currently raw, what is the cutoff value for you for having it slabbed? Meaning, if the coin is above a certain value, you slab it and below, you sell it raw? To make things simple, the venue is Ebay.

lordmarcovan

It used to be fiftyish. But I used to use second- and third-tier TPGs, who were cheaper.

Nowadays it's pretty near $100 for me, though in my last submission I did have a common Morgan I knew would 64 (it did), and there were a few other pieces worth a tad more than $50 but below $100.

Let's say $75-100 value is my threshold for slabbing a coin, unless I got it for a piddling sum and have plenty of breathing room to get it slabbed without becoming overinvested in it. One example of that would be a lot of Darkside coins I cherrypicked from bulk lots, meaning I have next to nothing invested in them. If any of them are worth more than $45-50 or so, I might consider slabbing them, because I could spend like twenty bucks on slabbing and still come out ahead. So a lot of it has to do with how much I have invested.

I'll be slabbing a lot of my daughter's collection, among which are several coins that are well below the $50 value threshold and some of which slabbing is a waste of money on, but I'll be slabbing them anyway, simply to put them in plastic. Her collection is a long-term sort of thing and something I never plan to sell, but which I'll give her some day when it is completed and she's grown up.

relicsncoins

<< <i>It used to be fiftyish. But I used to use second- and third-tier TPGs, who were cheaper.

Nowadays it's pretty near $100 for me, though in my last submission I did have a common Morgan I knew would 64 (it did), and there were a few other pieces worth a tad more than $50 but below $100.

Let's say $75-100 value is my threshold for slabbing a coin, unless I got it for a piddling sum and have plenty of breathing room to get it slabbed without becoming overinvested in it. One example of that would be a lot of Darkside coins I cherrypicked from bulk lots, meaning I have next to nothing invested in them. If any of them are worth more than $45-50 or so, I might consider slabbing them, because I could spend like twenty bucks on slabbing and still come out ahead. So a lot of it has to do with how much I have invested.

I'll be slabbing a lot of my daughter's collection, among which are several coins that are well below the $50 value threshold and some of which slabbing is a waste of money on, but I'll be slabbing them anyway, simply to put them in plastic. Her collection is a long-term sort of thing and something I never plan to sell, but which I'll give her some day when it is completed and she's grown up. >>



Wow, I was thinking it would be higher. I was contemplating whether I should slab a EF-40 1875 S 20 cent piece.

nicetoning42107

Depends if it needs slabbing. Raw 1885-CC BU Morgans are very believeable, therefore not necessary to have slabbed, yet are $500. But raw 1908-S Indian Cents not so much since it is worth having that slab saying it's authentic even though here we may be talking about just a $75 coin.

In a very general sense, i like to put the cutoff at $100.

stinkinlincoln

For me, maybe $300+

fc

at pcgs? i would think it would have to be 400 dollars plus before
it makes sense. shipping both ways and the grading fee are not
trivial.

astrorat

<< <i>Wow, I was thinking it would be higher. I was contemplating whether I should slab a EF-40 1875 S 20 cent piece. >>



Yes...from my observations, you will get at least $50 more for a PCGS-40 than a raw 40.

Lane

lordmarcovan

<< <i>Wow, I was thinking it would be higher. I was contemplating whether I should slab a EF-40 1875 S 20 cent piece. >>



This one was in my last submission.



Of course I had a casual Registry type set going on at the time, and rather than buy a 20c piece for it, I figured I would just slab one I already had, even if it was low grade. I liked the "CircCam" contrast on that piece, despite the low technical grade. Was slabbing it a sound monetary decision? Maybe not, but it can't hurt when I go to sell it, either. The only thing it does is make my potential profit margin that much thinner. (Razor thin, in fact).

relicsncoins

<< <i>

<< <i>Wow, I was thinking it would be higher. I was contemplating whether I should slab a EF-40 1875 S 20 cent piece. >>



This one was in my last submission.



Of course I had a casual Registry type set going on at the time, and rather than buy a 20c piece for it, I figured I would just slab one I already had, even if it was low grade. I liked the "CircCam" contrast on that piece, despite the low technical grade. Was slabbing it a sound monetary decision? Maybe not, but it can't hurt when I go to sell it, either. The only thing it does is make my potential profit margin that much thinner. (Razor thin, in fact). >>



That sure is a pleasing coin, even with the low grade.

lordmarcovan

If you're fairly confident of the grade a coin will get when slabbed (be conservative!) and its price in that grade still leaves you room for profit after slab fees, then go for it. The slab will help you sell it. You'll just have to content yourself with a little less profit from the transaction, is all. If the coin stands a chance of doing quite well (you really know your series and how to grade and have been very conservative in your preslab guesses), then you've got some upside potential. Of course if the coin comes back lower than expected, you'll have the double sting of having wasted slab fees and come out on the downside (an ever-present risk).

In that last submission I sent off two 1853 3c silvers I thought were high end VFs. I risked the slab fees because I had next to nothing in the coins ($10 each!) and therefore almost no downside risk. Not only did they grade, but one came back AU53 and the other AU55, so my lack of knowledge on how to grade trimes actually paid off, since I was more conservative than PCGS in that example. Needless to say, I came out smelling like a rose on those two. I wish it always worked out that way.

ormandh

<< <i>It used to be fiftyish. But I used to use second- and third-tier TPGs, who were cheaper.

Nowadays it's pretty near $100 for me, though in my last submission I did have a common Morgan I knew would 64 (it did), and there were a few other pieces worth a tad more than $50 but below $100.

Let's say $75-100 value is my threshold for slabbing a coin, unless I got it for a piddling sum and have plenty of breathing room to get it slabbed without becoming overinvested in it. One example of that would be a lot of Darkside coins I cherrypicked from bulk lots, meaning I have next to nothing invested in them. If any of them are worth more than $45-50 or so, I might consider slabbing them, because I could spend like twenty bucks on slabbing and still come out ahead. So a lot of it has to do with how much I have invested.

I'll be slabbing a lot of my daughter's collection, among which are several coins that are well below the $50 value threshold and some of which slabbing is a waste of money on, but I'll be slabbing them anyway, simply to put them in plastic. Her collection is a long-term sort of thing and something I never plan to sell, but which I'll give her some day when it is completed and she's grown up. >>



You are a good Pop LM. Even though the process is fun to pursue for yourself, it is a cool thing to put together a premium collection with the foresight and love you are putting into it.

NumisOxide

If I had to slab it to sell the piece and wanted to get the most I could for it, the coin would have to be over $500. It really depends on the type of piece,whether being a coin,token, or medal. Not every type of coin needs to be in plastic to get a good price.

KentuckyJ

My cut off level isn't monetary. I will slab only because I enjoy the coin and want it in a PCGS holder. I don't care what the $ value is, even if the coin is worth less than the cost of TPG'ing.

BECOKA

If you are selling an MS60 coin on e-bay with the right photo you might get MS65 money.

relicsncoins

<< <i>If you are selling an MS60 coin on e-bay with the right photo you might get MS65 money. >>



true, and you migh end up with less than desirable feedback too.

BECOKA

<< <i>

<< <i>If you are selling an MS60 coin on e-bay with the right photo you might get MS65 money. >>



true, and you migh end up with less than desirable feedback too. >>



does not seem to stop some folks from bidding.

sinin1

It depends on picture size and accuracy as well as page lay-out for great ebay sales
even a slab with bad/small pics will not guarantee good price


when you figure the 2 month down time to send for slabbing, it needs to be more than it used to


I always consider how much a slab would increase the value

MPLunatic

it just depends, I may sell a 1909-s lincoln raw but slab a widget bu peace or walker because it has some color on it and would sell for more slabbed.