Options
If you saw a coin you wanted in a non-PCGS holder what would you do?

A. Not buy the coin...too nervous it wouldn't cross
B. Buy it and cross it over
C. Buy it and keep it in the same slab
D. Buy it only if it was CAC
B. Buy it and cross it over
C. Buy it and keep it in the same slab
D. Buy it only if it was CAC
0
Comments
It's a COIN I want, not the bells and whistles!
World Collection
British Collection
German States Collection
Uh.......buy the coin.
......I collect old stuff......
If it was for my registry set I would pass.
An exception would be if I thought it would get a meaningful upgrade
Seriously.
What was the question?
``https://ebay.us/m/KxolR5
It depends on what it is.
I still think CAC will go away sooner or later. It is a fad.
If its just for my collection: C
If its over $500: D
I have plenty of coins in NGC holders that I have no plans on crossing, but yes, many are CACd.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>ABC
It depends on what it is.
I still think CAC will go away sooner or later. It is a fad. >>
While it may go away sooner or later, it most certainly is NOT a fad. When you have a little more experience with expensive coin purchases, you'll understand what value it provides.
Mike
I most certainly agree.
<< <i>Buy it if the price was commensurate to the quality of the coin and I could reasonably assess said quality. Pass otherwise. >>
Absolutely... and I'd say the same for a coin in a PCGS slab.
U.S. Type Set
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
<< <i>
<< <i>ABC
It depends on what it is.
I still think CAC will go away sooner or later. It is a fad. >>
While it may go away sooner or later, it most certainly is NOT a fad. When you have a little more experience with expensive coin purchases, you'll understand what value it provides. >>
Unless coin doctors are completely eradicated from the industry, I dont see it going away.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>Buy it if the price was commensurate to the quality of the coin and I could reasonably assess said quality. Pass otherwise. >>
This is the obvious answer.
jom
<< <i>Buy it >>
Best answer yet!
Liberty: Parent of Science & Industry
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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>If it is for my collection I would buy it.
If it was for my registry set I would pass. >>
So your registry set isn't part of your collection?
http://www.shieldnickels.net
I never make a decision based on a holder.
http://www.shieldnickels.net
was the Joe Thomas sale at Cincy in April 2009. All 40 or so of the halves sold, all in NGC slabs. Some
had been in PC slabs, but Kaufman( previous owner) wanted them all in NGC's, and had them graded, with consequtive
cert. numbers.
Except for the scarcer varieties, they priced out at good numbers, usually below the existing guides
for PCGS graded one pt lower. Many has since crossed back to PC, at the NGC grade, and some lower.
For the passionate collector, the attendance at the sale was a must. Many of the halves had not seen the light
of day for over a decade. To ignore these coins because of the holders would have been stupid.
This sale also had high end Early dollars, rare proofs, and many super grade coins in almost all series. And it
came at the absolute worst time-- in the middle of a bad recession.
While I have been fortunate to buy nice coins since( only a few), this was the last time I came away from a sale with many
hard to find coins at reasonable prices.
If I like the coin, its appearance and the price, I will buy. Crossover?
Highly unlikely unless there is reason
Experience the World through Numismatics...it's more than you can imagine.
Franklin-Lover's Forum
Collectors that most likely started collecting coins raw now can not form their own opinion without the right plastic and TPG's and a forth party sticker company telling them if it's solid or PQ.
Sad
Actually, I think what's happened over the past few years is a very good thing. I think too much blind trust was put into the label - and now eyes are being opened again to actually look at the coin with a critical eye.
Collectors that most likely started collecting coins raw now can not form their own opinion without the right plastic and TPG's and a forth party sticker company telling them if it's solid or PQ.
Sad sad sad times as the same level of brainwashing occurred in a children's tale by Hans Christian Andersen called "The Emperor's New Clothes".
Actually, I think what's happened over the past few years is a very good thing. I think too much blind trust was put into the label - and now eyes are being opened again to actually look at the coin with a critical eye.
I think both statements make good points. Grading has changed. Collectors sometimes struggle to make sense of it, and keep up with it. "Correctly graded" TPG coins gave a leg-up to those that didn't have good grading skills. Doctors created confusion, especially to those that enjoy the colors. Beans added balance.
Bottom line... education. For the collector and the investor. I think the checks and balances are more for the investor; the Star, the +, the Bean. I say that because as a "collector" I hope my investment in my hobby returns to me (fully) when I decided to sell. If not, it's been fun. I've enjoyed it. Just like the car(s) I drive.
To answer the OP's question... I buy the coin I like. Slabbed or raw, for that matter.
The caveats are some coins in some holders I will avoid. I don't buy expensive numismatic coins, where different holders often mean big price differences, especially on the wholesale level. I'd also tend to avoid raw coins above a certain price level (eg: reference the recent thread the high quality fake 1885 nickel that might be good enough to fool many dealers, and 99% of collectors.) For example, someone offered a raw trade dollar in a recent coin club auction. If it were certified by PCGS, NGC, or ANACS, I might have bought it. No way I'd buy raw, even though the seller is one of the smarter collectors in the club, I sure don't have the expertise to authenticate against a high quality fake, and I tend to believe that no one at the club does either, not even the part time dealers.