as a raw coin collector do you ever feel like you're missing something because you choose not to col
tahoe98
Posts: 11,388 ✭✭✭
...just wondering what you gals and guys may think. do you think when it comes time to sell you would
be ahead with entombed coins rather than raw?
"government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
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Edited to add: And yes, you would be ahead with slabbed coins when it comes time to sell. But, who cares? They're your coins. Enjoy them raw, slab them before you sell them if you need to.
I collect raw or slabbed as long as I like the coin.
I think I would be further ahead with some coins if they were 'entombed' when it comes time to sell. For common circ coins it probably doesn't add much, and large cents also fare well raw or slabbed. But key and semi key date coins and mint state coins in general fare better slabbed.
And no, I am certain I am not missing anything by not worrying all the time what my coins may or may not be worth in the future and whether its better to have them PCGS or NGC, CAC or no CAC, Snow sticker or no sticker, secure plus or not, a plus grade or not, sniffed or not sniffed, and whatever 10 billion different combinations having nothing at all to do with the coin there are in the slab world now. It's just much more fun appreciating the coins for what they are than the oversized novelty plastic holders that sometimes entomb them.
Ed. S.
(EJS)
<< <i>I collect both.....I don't feel like I'm missing out anything with raw coins, but to answer the second part of your question,
I think I would be further ahead with some coins if they were 'entombed' when it comes time to sell. For common circ coins it probably doesn't add much, and large cents also fare well raw or slabbed. But key and semi key date coins and mint state coins in general fare better slabbed. >>
Experience the World through Numismatics...it's more than you can imagine.
Or the cleaned coins that were lightly circulated when buying RAW.
Unless I am buying what I can see in hand then I for one am going to buy the slabbed only from now on if I plan on getting anything above face or melt back out of them.
Admissions of a EX raw coin collector.
<< <i>I know I for one sure am not missing all the sliders that were touted as BU when buying RAW.
Or the cleaned coins that were lightly circulated when buying RAW.
Unless I am buying what I can see in hand then I for one am going to buy the slabbed only from now on if I plan on getting anything above face or melt back out of them.
Admissions of a EX raw coin collector. >>
...i think there are a lot of collectors that feel the same as you and are admitting it to themselves and
really wouldn't admit it here on the forums.
verses raw collectors. just the way of the future and, for many the perception of a safety net.
Slab some but it's also nice to have some album fillers and a pile of wheats.
<< <i>I know I for one sure am not missing all the sliders that were touted as BU when buying RAW.
Or the cleaned coins that were lightly circulated when buying RAW.
Unless I am buying what I can see in hand then I for one am going to buy the slabbed only from now on if I plan on getting anything above face or melt back out of them.
Admissions of a EX raw coin collector. >>
Although you may not be buying those sliders or lightly cleaned coins raw any longer you very well may be now buying those same coins in slabs. There are many classic series where AT LEAST 85 to 90 percent of the coins in MS holders--yes, even those from our host--are sliders and/or lightly cleaned.
To the OP...enjoy your coins for what they are--raw or slabbed. Don't worry about thefuture of your collection be until such time as it is the present.
and it sets us apart from practitioners and consultants. Gregor
<< <i>I collect raw. Every time I holder a coin, it becomes fungible; no longer a collectible but a financial instrument. The holdered coins always wind up being sold. In the past, I made money holdering coins, but found it changed my focus from coins to profit. For me, coins are recreation, not my livelihood. >>
An excellent way to go about it , it pretty much mirrors my thoughts.I like to hold a coin occasionally and get the feel of it , no need to gasp in horror slab fans , most of mine are over 500 years old and circulated.
<< <i>
<< <i>I collect raw. Every time I holder a coin, it becomes fungible; no longer a collectible but a financial instrument. The holdered coins always wind up being sold. In the past, I made money holdering coins, but found it changed my focus from coins to profit. For me, coins are recreation, not my livelihood. >>
An excellent way to go about it , it pretty much mirrors my thoughts.I like to hold a coin occasionally and get the feel of it , no need to gasp in horror slab fans , most of mine are over 500 years old and circulated. >>
Great point JM
I love to feel my coins also.
I always find it funny to see people holding a 200 year old coin graded VF with
cotton gloves and a respirator so as not to breath on the coin. Pick the darn thing up and
enjoy it....and the coin won't mind the 4 thousandth fingerprint either.
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<< <i>
<< <i>
<< <i>I always find it funny to see people holding a 200 year old coin graded VF with
cotton gloves and a respirator so as not to breath on the coin. Pick the darn thing up and
enjoy it....and the coin won't mind the 4 thousandth fingerprint either.
That raised a smile JR , thanks : )
I've collected some raw.
As a raw coin collector, I feel the slab guys are "missing the edge".
The rest of my collection is in albums, tubes or 2x2's... and that is the bulk of my coins.
I'm missing nothing, either way.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
<< <i>It's rather odd to consider the main part of collecting to be that short moment in time when you dispose of your collection.
And no, I am certain I am not missing anything by not worrying all the time what my coins may or may not be worth in the future and whether its better to have them PCGS or NGC, CAC or no CAC, Snow sticker or no sticker, secure plus or not, a plus grade or not, sniffed or not sniffed, and whatever 10 billion different combinations having nothing at all to do with the coin there are in the slab world now. It's just much more fun appreciating the coins for what they are than the oversized novelty plastic holders that sometimes entomb them. >>
A lot of folks including many here on this board know that they lack the skills to buy a raw geniune, not cleaned, original coin. I see so many posts of " will this slab or is this the variety or does this look like a 65?"
I will probably get chastized for this but I believe many should get the book before the coin. Buying slabbed is ok but there is many problems with buying slabs too. Sticker this and Sticker that makes me sick too....
I have one coin with a sticker and that is because it was already there, I just liked the coin.
Buy the coin and not the plastic it is in are words to live by!
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<< <i>My main focus, Morgans, are slabbed.
The rest of my collection is in albums, tubes or 2x2's... and that is the bulk of my coins.
I'm missing nothing, either way. >>
Aaaaah , except that satisfying ring only a Morgan seems to give when flipped in the air with your thumb : )
<< <i>
<< <i>My main focus, Morgans, are slabbed.
The rest of my collection is in albums, tubes or 2x2's... and that is the bulk of my coins.
I'm missing nothing, either way. >>
Aaaaah , except that satisfying ring only a Morgan seems to give when flipped in the air with your thumb : ) >>
I like the sound they make when they hit the top of a poker table.
Plastic's either around them, or it's not
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>
<< <i>I know I for one sure am not missing all the sliders that were touted as BU when buying RAW.
Or the cleaned coins that were lightly circulated when buying RAW.
Unless I am buying what I can see in hand then I for one am going to buy the slabbed only from now on if I plan on getting anything above face or melt back out of them.
Admissions of a EX raw coin collector. >>
Although you may not be buying those sliders or lightly cleaned coins raw any longer you very well may be now buying those same coins in slabs. There are many classic series where AT LEAST 85 to 90 percent of the coins in MS holders--yes, even those from our host--are sliders and/or lightly cleaned.
To the OP...enjoy your coins for what they are--raw or slabbed. Don't worry about thefuture of your collection be until such time as it is the present. >>
...i'm not worrying, just wondering.
<< <i>
...i'm not worrying, just wondering.
Some of us will pay the same amount for a coin in or out of plastic if we like the coin and agree on a price for that coin in the condition it is in.
For example, I will pay X amount of dollars for a nice AU 55 1829 CBH. I will pay the same amount for the coin in or out of plastic. I will not pay any more because of the plastic, nor will I pay any more because it is not in plastic. I try to determine the value of the coin and will pay what I am comfortable with for that value. That is what I either bid or offer the seller. If the seller wants more for the coin BECAUSE it is in plastic I do not buy the coin.
Some will not buy an AU 55 1829 CBH that is raw because they can not determine if the coin is really an AU 55 1829 CBH.
Well...what can I say....perhaps they need to learn how to grade and value a coin themselves
I am not saying that a coin would not sell for more in a slab than raw, but that is because a vast amount of coin collectors do not
feel confident enough in their grading abilities to grade and value a coin themselves and need the plastic companies pat on the bottom, leading
to the higher price. OK - I see and realize that line of thought. Perhaps when I sell my collection I will get many of my pieces slabbed, but I will
not pay extra for an opinion I might not even agree with when adding to my collection.
Now I do understand that a lot of coins need authentication and here I will be the first to say make sure the coin is authenticated unless you feel sure you
have the skill to do so yourself. For example a 1955 DDO Lincoln - some fakes are really good fakes.
I started coin collecting as a child. Not as a cushion for my retirement but because I loved the history attached to it. 50yrs later I still collect and still for the same reason. Encasing something you love and putting a label on it so you can make a profit or to have a bigger,better set than the other guy is not a hobby! Sounds like ego to me!
I feel collectors miss out if they only buy slabbed coins.
I recently bought a raw coin for $1800 and it graded out as a catalogue $7500 coin, which I know I can get 50% of, anytime, 70% if I'm patient.
I realize it's not just about the money.
As this coin too, is quite the rare item.
Can't do this and have a rush like I did if I only bought slabbed coins.
Also...and maybe more to the OP's point, I still get absolutely no thrill from holding a slabbed coin, regardless of its value.
Holding a coin in one's hands is the only way to truly appreciate a coin.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
the only flaw or argueable point with this logic, Don, is that it means you'd be robbing yourself of nice coins that just happen to be in holders. i accept and practice what you preach but also buy slabbed coins when i find what i'm looking for, not yet having the discipline to go "in the raw" only. besides, i play around in the Set Registry and this requires a holder. i have stated many times at this site that i easily have more coins raw than slabbed and i think that oftentimes a raw coin gets passed over from either lack of trust in a buyers grading acumen or the "slabbed only" phenomenon which many steadfastly hold onto------you know, if it's raw there must be a reason!!!
i can say without reservation that the best coins i have ever owned are coins which i bought raw, coins which were available to the masses and passed over.
I always find it funny to see people holding a 200 year old coin graded VF with
cotton gloves and a respirator so as not to breath on the coin. Pick the darn thing up and
enjoy it....and the coin won't mind the 4 thousandth fingerprint either.
once at the MSNS Thanksgiving weekend Show, we were sitting around the pub on Saturday evening talking coins. forum member numobri reached into his pants pocket and pulled out a several thousand dollar F/VF Bust Dollar and slid it across the table to me, a coiun he'd brought to sell that afternoon. it struck me as odd that he carried it that way and treated such a valuable coin with such disrespect. then i realized that you can do things to VF's that you can't do to Unc' and Proofs!!!