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Do people who collect TPG plastic really care about the quality of the coin inside??

LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
in U.S. Coin Forum
Or is that just a bonus?? image
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.

Comments

  • PawPaulPawPaul Posts: 5,845 ✭
    I sure do !

    If the coin doesn't measure up to my personal standards for grade and eye appeal - it gets returned .

    The PCGS holder gives me peace of mind and I sleep much , much better at night image
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Actually for some of the rarer types of slabs like the Doilies I dought if they do.
    I know I have bid on a few of the coffin slabs without even knowing what what type of coin was in them.
    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • TomBTomB Posts: 22,090 ✭✭✭✭✭
    I do not believe it is a universal requirement that the coin be of high quality in order to purchase some TPG plastic.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • morgansforevermorgansforever Posts: 8,485 ✭✭✭✭✭
    The WLH purchase was based on the look of the coin
    and the gold embossed NGC logo. $20 opeing bid, I was the only bidder on Ebid.

    image

    Bought this one for the error that PCGS made. The coin is a dog. Collect what make ya happy I guess. image

    image
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • PerryHallPerryHall Posts: 46,867 ✭✭✭✭✭
    I would cerainly hope they care about the quality and attractiveness of the coin in the slab. Otherwise, are they really coin collectors?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • DRUNNERDRUNNER Posts: 3,898 ✭✭✭✭✭
    A cogent question . . .and deserving of an answer from one who does have a side collection of 'plastic', i.e. 'me'.

    I have done Registries of Commems, Morgans, Indians, and Type, and put together raw Danscos of higher quality Lincolns as well as toned material for eye appeal. In other words, I do appreciate a quality coin, and have graded well enough that I have funded a majority of my collections in the past decade with upgrades (primarily Morgans). So, although I pale in comparison to some of the posters here, I usually don't shrink from a grading challenge.

    That said, yes, I certainly look at the quality of the coin when I collect the plastic. My standard Doily database includes a column for 'stated grade' and my 'real grade' as par for the course. I enjoy evaluating the Doilies for that main reason . . . what exactly were grading standards during that month (or two weeks) in 1989? So, yes, absolutely. In my case, I am a numismatist through and through, and am appreciator of subtle and not-so-subtle differences in grading and quality. My Doilies are a sidelight . . . it is just what you happen to know me for on these Boards. When I can get a true high quality coin in a Doily (or NGC 2.0 / 2.1), I certainly appreciate it, and conversely, when I see a dog, I realize that things in the grading world haven't really changed all that much.

    And . . for all to be aware . . . I will be sending the Drunner Doily Set in to CAC (I am a submitter) relatively soon. I think we will have some fun with it and I have amassed enough Doilies of various denominations that a statistical sampling would be valid. Bajjerfan proposed the idea and I'll be completing the 'act' soon. I'll post and make sure the Boards are aware of the results as they happen. I think it could be a fun exercise.

    I would believe other 'plastic collectors' feel as I do. We enjoy a wide range of this hobby and this is just something out there on the periphery that entertains us. I don't know of any of my 'plastic peers' who believe they are going to change the world's views of numismatics. In closing . . . I have a great time with my pursuit of the Doilies . . but the superb AU middle date large cent I purchased from CoinLieutenant a while back made my heart race just as much . . .

    Drunner
    (March is made for Madness and Doilies)
  • BAJJERFANBAJJERFAN Posts: 31,330 ✭✭✭✭✭
    One has to keep in mind that just a micro-fraction of all of the plastic ever produced is in and of itself collectible. While I like the doilies for their uniqueness, I still like them to have at least presentable/acceptable coins in them. They aren't THAT rare that one has to accept a dog in a doily. Most folks expect that coins in top tier TPG holders to be better than average. That isn't to say that you will never be disappointed the first time you lay eyes on a coin. For me, I either sell em or return em. Just cuz it is in a PCGS holder does not automatically make it a keeper. OTOH, the nice coins I do have, I prefer to have in certain plastic.
    theknowitalltroll;
  • LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
    Appreciate the perspective.

    Bought a coin recently in a tough holder that has a patch of PVC damage on it - and can't believe I'm torn between keeping the plastic vs returning the coin. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • MarkBenMarkBen Posts: 154
    Neither the plastic nor the coin are important anymore. It's the sticker.
  • melvin289melvin289 Posts: 3,019 ✭
    Plastic holders come and go but coins are forever. Well they are until a coin doctor gets their hands on them and then they are no more.

    Seriouly, I have always cared about the coin more than the plastic, well 99% of the time. The few times I have made an exception I was sorry. So, buy the coin, not the slab.

    Ron
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
  • BearBear Posts: 18,953 ✭✭✭
    We must separate the true collector from the egotistic, uninformed person, who believes themselves

    to be true collectors. The collector cares very deeply about both the plastic as well as the absolute quality

    of the coin enclosed. The make believe collector merely wants bragging rights of a high number even if the coin

    is really quite fugly in an artistic sense.
    There once was a place called
    Camelotimage
  • MidLifeCrisisMidLifeCrisis Posts: 10,553 ✭✭✭✭✭
    It's all about the plastic! My 67 is better than your 66...it says so right there on the label. That's all that counts.
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    Nope. Only interested in the numbers. image

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • PerryHallPerryHall Posts: 46,867 ✭✭✭✭✭
    I wonder what the responses would be if you asked this question on the Registry Form.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BarryBarry Posts: 10,100 ✭✭✭
    Numbers - it's all about the numbers!
  • questor54questor54 Posts: 1,351 ✭
    I don't care about the coin, or the plastic, or the label, or the sticker.
  • PerryHallPerryHall Posts: 46,867 ✭✭✭✭✭


    << <i>I don't care about the coin, or the plastic, or the label, or the sticker. >>



    What do you care about?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • questor54questor54 Posts: 1,351 ✭


    << <i>

    << <i>I don't care about the coin, or the plastic, or the label, or the sticker. >>



    What do you care about? >>



    Mountain Dew
  • derrybderryb Posts: 37,674 ✭✭✭✭✭
    Why do modern American gold eagles tend to sometimes discolor in PCGS holders? I have noticed a number of them turn a "brass" color. I have also seen the same problem with ICG holders but have never seen it with an NGC holder. My theory is that the paper label in the holder in question is not sealed off from the coin and "gasses" the coin over time.

    American gold eagles are a case where I avoid specific holders.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • MidLifeCrisisMidLifeCrisis Posts: 10,553 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I don't care about the coin, or the plastic, or the label, or the sticker. >>



    What do you care about? >>



    Mountain Dew >>


    image
  • hammered54hammered54 Posts: 750 ✭✭✭


    << <i>

    << <i>

    << <i>I don't care about the coin, or the plastic, or the label, or the sticker. >>



    What do you care about? >>



    Mountain Dew >>



    cans? plastic? glass? real sugar? diet?.......
    Successful Transactions.
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  • questor54questor54 Posts: 1,351 ✭


    << <i>

    << <i>

    << <i>

    << <i>I don't care about the coin, or the plastic, or the label, or the sticker. >>



    What do you care about? >>



    Mountain Dew >>



    cans? plastic? glass? real sugar? diet?....... >>



    Real sugar. It is already too late for me to die young.
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭


    << <i>I wonder what the responses would be if you asked this question on the Registry Form.image >>



    I suspect the answers would be about the same since most plastic collectors wouldn't know a good coin for the given grade from a bad one. They merely think that they can.




    Of course, the same is true for most coin collectors in general--whether they collect by holder design, by listed grade, by name of TPG, raw, or by a combination of all these.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • PerryHallPerryHall Posts: 46,867 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I don't care about the coin, or the plastic, or the label, or the sticker. >>



    What do you care about? >>



    Mountain Dew >>



    I always knew you had good taste.image



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Tell me a little more about this coin thingy...

    image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • IrishMikeyIrishMikey Posts: 1,561 ✭✭✭
    If you are talking about slab collectors, I would say no. If I were offered a tough
    holder, such as one of the black slabs, I would prefer a nasty looking Roosevelt dime
    in the holder, not a nice original Charlotte gold ccoin.
  • LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
    Yep - talking about vintage TPG slabs, not lofty registry grades.

    The Doily's are cool, but there are others that are tougher to find.

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • questor54questor54 Posts: 1,351 ✭


    << <i>Yep - talking about vintage TPG slabs, not lofty registry grades.

    The Doily's are cool, but there are others that are tougher to find. >>



    Soon there will be Registries for the slabs.
  • csanotescsanotes Posts: 476 ✭✭✭✭
    I've been putting together a type set of coins in the old PCGS rattler style holders for the past few years. Although finances dictate otherwise I am still plugging along finding some tough coins. However, I have definitely passed on what are some ugly or spotted coins in rattlers. Seeing a coin in hand is well worth it. For a run of the mill morgan in 66 it won't be that big of a loss if the coin isn't perfect--but those routinely come nice so it shouldn't matter. Not too long ago I saw a capped bust dime in a rattler--however the color on it was horrendous. I will and have passed on a below average eye appeal coin in a rattler eight days a week. Although I know that a capped bust dime in a rattler is a rare find, if there are no more out there when I have some cash in my pocket that is just fine....why ruin the eye appeal of a set with a dog no matter how hard to find?

    Chance favors the prepared mind.

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