Poll: Raw, Certified, and You.
TommyType
Posts: 4,586 ✭✭✭✭✭
This was inspired by something I witnessed at a local show a few weeks ago.
Buyer is looking into a case of raw coins, and asks the dealer for something specific.
Dealer says, "Yes. I think I have some, but they're over here with the certified coins."
Buyer: "Oh, no. I don't buy certified coins", and walks away without further comment.
While I respect the desire to have only raw coins, it seems to me that the attitude was a wee bit over the top. It's no great feat to turn a certified coin into a raw one!! Certainly easier than the other way around.
Buyer is looking into a case of raw coins, and asks the dealer for something specific.
Dealer says, "Yes. I think I have some, but they're over here with the certified coins."
Buyer: "Oh, no. I don't buy certified coins", and walks away without further comment.
While I respect the desire to have only raw coins, it seems to me that the attitude was a wee bit over the top. It's no great feat to turn a certified coin into a raw one!! Certainly easier than the other way around.
Easily distracted Type Collector
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“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
Russ, NCNE
My Web Sites
It would be fair to say, the person who walked off replying with the comment " oh no, I don't buy certified coins", never had their thinking cap on in the first place !
``https://ebay.us/m/KxolR5
Adding to my Classic Gold type set, I buy only certified.....
So it depends the specific coin.....
Would that make me a ( hoardabie or maybe a packratabie )
My grandchildren. The heirs to my collection! (Just not to soon I hope)
I have never bought certified non-gold coins. I've looked (generally unsuccessfully) for certified trade dollars at local shows, but the two I bought are raw. I was confident of my sellers, and I didn't see any problems with them.
I would take my chances on a few hundred dollars, but I would repuire a reputable
TPG on a coin of a few thousand dollars.
Camelot
High-grade copper coins with some value: slabbed
Cheap coin bought for fun: either slabbed or raw
<< <i>The poll is inadequate. >>
Can't argue with you there! I went back and tried to shoe-horn myself into the choices I drafted, and decided none really fit me either.
I have several sets that are raw only, (XF-AU 2-cent, VF-AU Standing Q.),
And some that are certified only (MS-64 short set Walkers, "best I can afford" type set),
And I have sent coins to be certifed once and only once (because they were too nice and/or expensive by my standards at the time).
So, the question is really more complicated than I made it out to be.
<< <i>
<< <i>The poll is inadequate. >>
Can't argue with you there! I went back and tried to shoe-horn myself into the choices I drafted, and decided none really fit me either.
I have several sets that are raw only, (XF-AU 2-cent, VF-AU Standing Q.),
And some that are certified only (MS-64 short set Walkers, "best I can afford" type set),
And I have sent coins to be certifed once and only once (because they were too nice and/or expensive by my standards at the time).
So, the question is really more complicated than I made it out to be.
Me, too. When I'm buying an estate, 'tis a little hard to tell the executor/ seller "no, I'll only buy the ones in those funny little pieces of plastic". Now if I'm buying a piece retail 'cause I want it, I'll buy either.... but if it's over $500 -$1000 I'll often get a second opinion (even if it's slabbed).
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Do dealers charge more for slab then raw???? is that what this person thought?
Don't they all start out raw. lol
<< <i>You need an "I'll buy anything as long as it's a rip" option.
Russ, NCNE >>
RUSS Is a true FERENGI...always looking at the PROFIT MOTIVE of the deal............
TorinoCobra71
<< <i>Do dealers charge more for slab then raw???? >>
Many times dealers charge more for raw than slabbed because the raw coin can be overgraded and be priced accordingly.
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
42/92
and it sets us apart from practitioners and consultants. Gregor
Although I have bought many slabbed coins (all of which are now raw) over the years, I won't play that game either. I have not yet, nor will I ever, pay more for a slabbed coin then I would have been willing to pay for the same coin raw. Although this cuts down on the number of coins I buy I am still much happier with the ones that I do buy.