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Are most high value coins slabbed with a TPG?

My sentiments would lead me to think at least 50% or more of coins over $5k reside in a TPG slab.
Can you imagine buying a coin over $5k in the raw?
What are your thoughts on this topic?
Thanks in advance.
Can you imagine buying a coin over $5k in the raw?
What are your thoughts on this topic?
Thanks in advance.
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<< <i>My sentiments would lead me to think at least 50% or more of coins over $5k reside in a TPG slab.
Can you imagine buying a coin over $5k in the raw?
What are your thoughts on this topic?
Thanks in advance. >>
I have purchased a coin over 5K raw
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
<< <i>I think most expensive coins have been slabbed by now. The ones in old collections will mostly be slabbed prior to their sale since expensive coins usually do better at auction when slabbed. >>
It's kind of like trying to answer the question, how many planets out there can support life?
It's amazing to think of how many hidden gems are out there in private collections. I agree that the logical decision would be to slab them prior to selling but some coins spend centuries in private collections before they are brought out from hiding.
Imagine what's out there...
Ray
<< <i>
<< <i>My sentiments would lead me to think at least 50% or more of coins over $5k reside in a TPG slab.
Can you imagine buying a coin over $5k in the raw?
What are your thoughts on this topic?
Thanks in advance. >>
I have purchased a coin over 5K raw >>
15k here (Chain cent)
<< <i>Who knows what is sitting the those "old money" safe deposit boxes on the East coast. There may be a lot more raw coins than you think. >>
All true. Though the number of raw coins is getting smaller everyday (the slabbed ones Ambro has cracked out notwithstanding).
there are more coins being slabbed than being cracked (I guess)
so eventually most will be slabbed
<< <i>My sentiments would lead me to think at least 50% or more of coins over $5k reside in a TPG slab.
Can you imagine buying a coin over $5k in the raw?
What are your thoughts on this topic?. >>
I have no idea what the right answer is, nor could I hazard a guess.
Whatever it is, I would say that the number is significantly lower for large cents.
<< <i>the number of high value coins is fixed (maybe not if the slabbing produces the high value coin)
there are more coins being slabbed than being cracked (I guess)
so eventually most will be slabbed >>
Good point!
Lance.
I would say most high value coins are wearing TPGS plastic suits.
The other coins were unbelievable also. Two books, 120 coins of unc 20libs.
And the kids collect coins too.
<< <i>Can you imagine buying a coin over $5k in the raw? >>
I'm very comfortable buying raw at that level
These coins were each easily worth six figures.
The number of truly "fresh" raw coins continues to grow smaller, but they are out there.
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The Reeded Edge
<< <i>I was shown two early Large Cents by a collector last year at Baltimore that would both have graded MS-65 or better. They were both raw and each was stored in one of the hand-made cloth pouches that are well-known in the early copper circles, then the pouches were each in a paper envelope.
These coins were each easily worth six figures.
The number of truly "fresh" raw coins continues to grow smaller, but they are out there. >>
It's amazing to me that anyone could keep an extremely valuable coin in a pouch!!
Thanks for everyone's feedback.
Broadstruck, you got bigguns' with your raw coin purchasing prowess!!
<< <i>
<< <i>I was shown two early Large Cents by a collector last year at Baltimore that would both have graded MS-65 or better. They were both raw and each was stored in one of the hand-made cloth pouches that are well-known in the early copper circles, then the pouches were each in a paper envelope.
These coins were each easily worth six figures.
The number of truly "fresh" raw coins continues to grow smaller, but they are out there. >>
It's amazing to me that anyone could keep an extremely valuable coin in a pouch!!
Thanks for everyone's feedback.
Broadstruck, you got bigguns' with your raw coin purchasing prowess!!
Agree. I'd want a 6 figure copper coin in a slab if for no other reason than the protection the slab would provide for the coin.
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
Quite frankly, I hope so.