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Old 05-22-2008, 02:57 AM   #67 (permalink)
Harryj
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Join Date: May 2008
Posts: 1,931
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As an intermediate coin collector I would suggest slabbing when buying an expensive coin, especially one that is subject to forgery. Peace of mind here.

Unfortunately there are many cases where coins are undergraded or overgraded and some slabs are cracked open, re-submitted and receive different grades by the same grading service. Graders are only human and sometimes see things differently.

I recently sent a coin to ANACS for slabbing and with the fees, attribute research, postage to and from amounted to about $55 (for a 15 day turnaround, more for a 5 day, 2 day or 1 day). I could have bought a few coins with that money. Remember you will have the slabbing fees invested in you coin, so if the coin isn't worth that much to begin with, you may never recoup the fee's you invested.

I have a few coins that are worthy of slabbing, however sometimes I think otherwise. There will be a hole in my album where the slabbed coin is missing and is it fair to the coin to eternally entomb it into a piece of plastic that probably didn't even exist when the coin was minted?

The holders will help to preserve and protect the coin, however sometimes I feel its like sending your coin to prison. It can never be held or admired in the same way ever again.

Just my thoughts,

Harry
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