How much value does slabbing add to low value coins?

291fifth

Let's define low value as $100 or less.

Say you have a nice common date AU55 2 cent piece. How much of a premium will slabbing by an eBay recognized TPG bring vs. raw?

Anything?

RWB

Nothing but belly button lint.

doh

Makes them easier to sell online.

abitofthisabitofthat

IMO, on ebay, no one will pay AU money for the coin raw, because they won't trust the seller's description. TPG's do add value - but not a whole lot on coins in that price range.

ctf_error_coins

I have seen many 3 dollar error coins in 50 dollar PCGS Mint Error plastic slabs.

MarkInDavis

Common date nice PCGS MS64 Walkers go for around $50 on ebay. I think you would be hard pressed to get $30 for raw ones. That's only $20, but a 67% increase.

illini420

If there is a really inexpensive coin that I want to add to one of my Registry Sets, say a $10 coin, I'll happily pay $20-$25 for it already certified so I can add it to my set vs. buying a raw example for $10 and then paying all of the fees associated with having it graded myself.

So on the really inexpensive stuff I'd say the value added is somewhere between $0 and the cost of getting it graded.

bfjohnson

For a $75+ coin you'll probably get your money back by having it slabbed if selling. It takes
the guessing game out of it for the occasional coin buyer.

tydye

On modern stuff a lot. I have slabbed some items from the 70-80s when raw are worth less than a buck. But slabbed are $50 and up. On classic stuff it just makes it easier to sell. $150 is my usual low for slabbing such items.

19Lyds

Slabbing low value coins does nothing but guarantee authenticity.

lkenefic

It definitely takes the guess work out for novice collectors, but are you really going to recoup slabbing fees on a $50 coin? I thought the margins on such material was fairly thin to begin with.

golfer72

"Slabbing low value coins does nothing but guarantee authenticity". It also makes a lot of money for the TPG's !!

coinkat

Depends on the series, the coin and whether there are characteristics associated with the date or series that would make grading it a challenge- A 1922-D Lincoln in AU comes to mind as an example to illustrate my point

lkeigwin

<< <i>Slabbing low value coins does nothing but guarantee authenticity. >>

It also lends some assurance that the coin hasn't been messed with and is a certain grade, more or less. I figure it's worth something, just not a lot on a low end coin.
Lance.

ldhair

I think the variety folks will pay a bit more if it's listed on the slab.

Barndog

<< <i>I think the variety folks will pay a bit more if it's listed on the slab. >>



for CPG varieties, I'd agree. For die marriages important to bust coin collectors, not really so.

leothelyon

10Fold as long as you have people as dumb as _________. (fill in blank with known registry collectors who have obviously-overgraded coins in their sets for support of their GPAs only)


Leo

ianrussell

It certainly depends on the issue (some bullion issues for example, sometimes sell for around the same whether graded or not; early copper as well can sell for the same whether graded or not).

Generally speaking:
For collector coins prior to 1950 (without problems), they are usually worth getting graded if they are worth $50 or more.

Some collectors/dealers will advise differently, but that's my 2c worth.

johnny9434

its just slabbed thats all it is. if it were high dollar then its worth it

Lewy

"Buy the slab, not the coin".

droopyd

<< <i>are you really going to recoup slabbing fees on a $50 coin? >>



I think the TPGs would open themselves up to a new market by creating a "super budget" submission category - under $100 and it's only $10 (or less!) for grading.

Needless to say, the "super budget" category coins would not need quite the same level of scrutiny as the higher valued coins.

A bonus for the TPGs is that it will increase the number of memberships sold and increase the number of people who will be submitting.

morganbarber

A while back, I was trying out a new coin store. The guy didn't have all of his certified material on display, so he brought out a couple of shoeboxes of slabs for me. I had already decided on two PCGS Morgans when I came across one of the most common Barber dime dates in PCGS AG3. I couldn't resist it for two bucks. I wouldn't have bought it raw for one dollar. In that case it at least tripled the value of a low value coin.

divecchia

On the $100 or less stuff, I don't think it will add significant value, but does make it easier to sell on line as someone already pointed out.

Donato