I committed a darkside taboo!

I agree with Mat, good price for the coin whether in a slab or not.

 

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I ONLY buy slabbed, because I am not confident enough to know if they are genuine by myself, and like having their opinion as well. Here is my latest purchase.

 

I must admit that whenever I see an ancient in a slab my first thought is...where is my hammer.

 

Randy, how could you!?!!!

Great coin b.t.w

 

Thanks all, and great coins ^_^

 

On the 16th of September of last year a specialized collection of Postumus was sold in a european mailbid sale. Two hundred lots of (mostly) very impressive quality coins - at least the Antoniniani. Could the low price of this coin have something to do with it? Perhaps someone was upgrading and sold his original Postumus cheaply.

 

Probably got in a slab the same way U.S. coins that aren't worth the cost of stabbing get in them - bulk submission.

 

I understand sir, but please note NGC does not guarantee the authenticity of ancients like they do modern coins. So, its really just a opinion of David Vagi, (still a good dealer), but not any better than any other dealer. I do keep well known dealer flips when I purchase a coin from a well known dealer.

 

Sales prices are dependent on many things, especially if it is in an auction. I have bought a couple slabbed ancients on Ebay for less than the price of the slab itself. Sometimes people take a chance and list the coin for $1. If nobody is bidding that month, week, day, hour, etc., it will sell cheaply.

 

I know, which is why I said I like having their opinion as well. It also, I find, is easier to sell to others like me who know nothing about ancients.

 

The horror.




Its... still a ... ... nice coin.




jk.
Nice price, having a coin encased doesn't really detract from it. Personally Im not used to buying ancients in slabs.

 

I haven't noticed this. I'm wondering where you're seeing this trend happening, so I can go snag myself some deals. I don't mind a little excess plastic as long as the coin inside is nice!

 

Great Postumus Randy!!! Congrats!!
Here is a Max Thrax.

 

geki, that's awful ... FAIL

 

1,000+ ancients on and I still haven't bought a single plastic-entombed prisoner... I'm jealous ! Seriously, great score.

Me too. Maybe we're just a little bit evil?

 

Jerry Springer confession time!

 

Wow, love this coin! The wear, centering and patina are outstanding.

 

I would feel a lot better about the situation if I felt I knew just what the price of a slab really is. Sure we can go to the price list and add two way postage which is what I would have to pay for the service but I consider the bulk submission concept offensive discriminating against individuals desiring to learn and favoring what I consider to be a destructive branch of the hobby. Anything that brings in people with zero interest in the coins but only wanting another mindless investment commodity is not going to add to the ranks of serious collectors or benefit the hobby. If more buyers were using the service as a springboard to learning I could not object.

The coin seems like a good buy for the price and a worthy addition to the collection.