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Would you like to see a cert date on the slab?

lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
Many times I've wondered when a coin was graded and slabbed. Sure, you can do a little digging about slab generations (the look and rough dates used) but it is only ballpark and a PIA.

Wouldn't it be very helpful to know just by looking at the slab? Why do you suppose it isn't done?

Take, for example, this coin. I doubt PCGS would grade and slab it today. Okay, I suppose I shouldn't comment about an open auction; forgive me. But it spurred this thought.

Comments

  • smokincoinsmokincoin Posts: 2,636 ✭✭✭
    Sure, but make it simple, very small and in a bottom corner on the reverse label. Perhaps a numeric month/year like xx/xx or just the year xxxx.
  • GRANDAMGRANDAM Posts: 8,737 ✭✭✭✭✭
    No, that would take all the fun out of crack-outs image

    Certain dates would be labeled as LOOSE grading and would trade at a discount,,, others would be labeled as PQ and trade at a premium.

    Grandam image
    GrandAm :)
  • MidLifeCrisisMidLifeCrisis Posts: 10,550 ✭✭✭✭✭


    << <i>Certain dates would be labeled as LOOSE grading and would trade at a discount,,, others would be labeled as PQ and trade at a premium. >>


    My first thought was yes, a cert date on the slab would be a good thing. But Grandam has an interesting point...
  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭


    << <i>

    << <i>Certain dates would be labeled as LOOSE grading and would trade at a discount,,, others would be labeled as PQ and trade at a premium. >>


    My first thought was yes, a cert date on the slab would be a good thing. But Grandam has an interesting point... >>

    But isn't that already the case, with OGH and fat NGC slabs?
  • GRANDAMGRANDAM Posts: 8,737 ✭✭✭✭✭


    << <i>But isn't that already the case, with OGH and fat NGC slabs? >>



    That may be true BUT if PCGS & NGC started dating labels you would have it 5 fold,,,10 fold,,, 100 fold and more and more as time went on.

    Some people try to date the different style holders as minor as some changes may be but the average Joe out there doesn't keep track of that. A date on the label would be a whole different ballgame,,,,,

    JMHO, GrandAm image
    GrandAm :)
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    it would only be another nail(perhaps the final nail) in the coffin of those overwhelming numbers in the hobby who claim they actually buy the coin and not the holder.
  • TomBTomB Posts: 22,045 ✭✭✭✭✭
    I believe at one time PCGS answered this question on their site with a statement that there was concern that folks might target certain date ranges as "overgraded" or "undergraded" and that this might undermine the idea of consistency.
    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • MrEurekaMrEureka Posts: 24,404 ✭✭✭✭✭
    NGC only guarantees the color of a copper coin for 10 years from the date of encapsulation. A cert date would be useful.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • derrybderryb Posts: 37,608 ✭✭✭✭✭
    No. Keep it simple

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

  • GoldbullyGoldbully Posts: 17,877 ✭✭✭✭✭
    Yes, if a big coin buy.

    Would like to see this noted when customer enters Cert# in the PCGS Website's Cert. Box, as opposed to the slab.
  • MarkInDavisMarkInDavis Posts: 1,720 ✭✭✭✭
    Yes. And they could make it available for older slabs when you look up the cert #.
    image Respectfully, Mark
  • For some I've seen out there, I'd like to know who graded it, never mind the dirty deed's date. image
    Good deals with: goldman86 mkman123 Wingsrule wondercoin segoja Tccuga OKCC LindeDad and others.

    my early American coins & currency: -- http://yankeedoodlecoins.com/
  • PerryHallPerryHall Posts: 46,794 ✭✭✭✭✭


    << <i>Certain dates would be labeled as LOOSE grading and would trade at a discount,,, others would be labeled as PQ and trade at a premium. >>



    That's exactly what happened in the preslab era with the ANACS grading certificates. ANACS put the date the coin was graded on the certificate and coins began trading at different price levels depending on the date on the certificate.

    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

  • Personally, I don't care when a coin was graded. I'm more concerned with what grade the coin received.

    Chris
  • PerryHallPerryHall Posts: 46,794 ✭✭✭✭✭


    << <i>Personally, I don't care when a coin was graded. I'm more concerned with what grade the coin received. >>



    Shouldn't you be more concerned with the accuracy of the grade? 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



  • << <i>

    << <i>Personally, I don't care when a coin was graded. I'm more concerned with what grade the coin received. >>



    Shouldn't you be more concerned with the accuracy of the grade? image >>



    I should have been more specific. Yes, that was my intent.

    Chris
  • LeeGLeeG Posts: 12,162
    I can give folks this information for coins I've sent in for grading. I've never really been concerned about when a coin was graded. If I like the coin, and graded accurately in my opinion, and the price is right, I'm a buyer. image
  • I think adding dates to slabs would open a veritable Pandora's Box and likely create an entire sub-industry of people claiming coins dated on a Monday, for example, are worth more than those date on a Friday.

    In other words, i think it's a terrible idea.
  • I have always supported the idea of dates on inserts. More transparency and traceability would be a good thing. Alternatively, when one inputs a cert # on the cert verification page, PCGS could simply post the date of certification as a data field in the response. They do have the data. That way, all existing slabs would have the information equally available. Personally I think that would be a great thing.

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