Coin COA's

Discussion in 'Coin Chat' started by Steve Bell, Jun 2, 2014.

  1. Steve Bell

    Steve Bell New Member

    This is my first post, so hello to everyone. I collect only Silver MS70 Coins, and would like to purchase a slabbed MS-70 coin that comes in a Custom Box with a Certificate of Authenticity. I keep my slabbed coins in a case, and the last thing I want to do is keep track of another box and COA. Since the coin is graded in a sealed slab, doesn't it make sense the box and COA are unnecessary? Any opinions would be greatly appreciated. Thanks!
     
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  3. JPeace$

    JPeace$ Coinaholic

    Welcome to the boards.

    There is no right or wrong way to collect. If the coin has already been graded, hopefully by NGC or PCGS, than IMO, there is no need for the box and COA. If the coin comes in OGP, than I always want the box and COA to be in great condition.

    Since you are collecting only MS70, than if it were me, I wouldn't care if it had the COA. I just purchased the 2014 ASE MS70 burnished off eBay and the seller sent me both the box and the COA along with the coin. Personally, I didn't care that I received the OGP with the NGC graded coin. It was not a criteria for bidding on the coins. I won 2 of them for around $65 ea. (one higher, one lower in price).
     
  4. ken454

    ken454 Well-Known Member

    welcome to the forum, if your collecting only graded coins then its been authenticated by the grader and no need for a COA, an a slab wont fit in OGP box, so thats useless...
     
  5. JPeace$

    JPeace$ Coinaholic

    Actually, an NGC graded ASE will fit in the OGP.
     
  6. medoraman

    medoraman Supporter! Supporter

    Its up to you how you wish to collect. I know that those boxes and COA's take up a lot of room, but I also know original packaging on things like early commemorative half dollars significantly add to the value of the coin. We do not know the future, but I would guess things like OGP will be desired over TPG plastic over time.
     
  7. 19Lyds

    19Lyds Member of the United States of Confusion

    You are exactly right which means that PCGS Slabs fit as well!

    But then, what's the point?

    Does the COA "really" mean that the coin in the slab is authentic?
    Does the box make it any more authentic?
    Is the goal to keep the box and COA with the coin forever and ever?

    The current market has given birth to a whole new generation of paper and box collectors who are attempting to "add Value" to what they've collected .

    Of course, this is ok if that's what they want to do but IMO, it's totally unnecessary when dealing with slabbed coins.
     
  8. 19Lyds

    19Lyds Member of the United States of Confusion

    This could very well be true but I really doubt it since the boxes are all exactly the same with few exceptions. Proof and Uncirculated have different boxes and I believe that two different boxes were used for the uncirculated 2008-W Silver Eagles. Of course the proof SAE's have those little jewelry boxes but there are only minor differences in those as well.

    Of course I have no idea about the gold since I don't buy the gold.

    1st Spouses? Given the aroma's given off by those boxes I'd have to question their ability for safe, long term storage but the boxes look pretty cool.

    The 1995 Eagle Anniversary Sets, 2006 Anniversary Sets, 2011 Anniversary Sets, 2012 Two Coin San Francisco SAE Sets, and 2013 Two Coin West Point SAE Sets boxes may well be worth hanging onto since they are unique and not plain old cardboard but at the minimum, 100,000 or more exists for each of the above years, (excluding 1995) so I wouldn't really hold my breath.

    Additionally, like a 63 Corvette, they take up a lot of space for storage and if you're really into that, be prepared to shoulder the burden of that storage.
     
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