Certified VS. Raw coins

I buy more raw coins than certified, but I prefer certified coins. Any coins that are going into one of my non-album sets, or that I intend to resell (above a certain value) I submit anyway.

 

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Well, they're especially good at overgrading foreign coins.

 

Even though the TPGS make mistakes, over/under grade, I still trust them over the seller. Especially when buying online, with the sellers pics, which can be misleading to say the least. Also, slabs have numbers that can be confirmed, so that the coin can't be switched for another one.(unscrupulous sellers) bottom line, I prefer slabs when purchasing online, but am not limited to them. I do have trusted dealers, but sometimes I purchase from unknown (to me) sellers, and prefer slabs absolutely in those instances. JMHO.

 

To be honest!!
A raw coin is as good as a certified any day. A certified coin has it's holder which protects the coin. I also insert every coin I like into poly flips when I find the ones I choose to keep. So the certified are plainly saved coins that someone besides myself slapped a grade on. I enjoy my raw set as I have around 40 albums and 10 or so boxes full of poly flips filled with different series.
As I get the interest or a friend has interest in a certain series for NGC registry then I will do a submission for the TPG collector sets. I have a few NGC registry sets that I do like to add to and really, do you think the grades are all correct?? HaHa -- Registry sets are fun but I really doubt that the coins in them are 75% honest TRUE grades! "Slab coins is more a business perspective than a honest perspective." Raw coins are True Blood!!
What are your raw coins worth? ==== Your True Blood! Leme see what ya got
Rick

 

Well spoken Rick.........

 

I mean... c'mon. Sure, every TPG makes mistakes but with ANACS and ICG, the graders are allowed to buy and sell coins so there's a conflict of interest

 

with me, i look for key date coin(s) in slab(s) ( to avoid the debate of arguing the condition )

but everything else, i prefer them raw ...

 

I get slabbed ones if I am spending what I think is a lot of money - just for the warm fuzzy. Then I break the coin out so I can cuddle with it.

Raw for everything else.

 

Obviously TPGs have their problems, but let me play the devil's advocate. Let's assume that, as some here believe, they overgrade the majority of the coins that they grade. How much does that matter in reality? Many people here think that their own grading abilities are more accurate (by the book) than those of the leading TPGs, which may very well be true, but the only people who believe them are themselves and the people who trust their abilities for whatever reason. The companies who have established a name for themselves, in my mind, will always be more trusted in general, even if they've become lax in the grades they give. Some people believe that grading is (and should be) very objective, others believe it to be more subjective, and those people will never agree.

 

I buy raw only, when possible. I have no use for slabs. They take the fun away from holding/enjoying coins.

Slabs have their purpose, mainly for the big boy coins/rarities, but for common stuff, I stick with raw.

Plus raw is easier on the pocket book.

 

I understand your point, and even agree with you to some extent, but it just seems like most of the people who rely on TPGs don't really care all that much, so it's not going to change even if it should.

 

Really it's like who would you trust more the car salesmen selling you the car or the mechanic you had look over it? Same situation here. You don't have to agree 100 percent on everything but the TPG doesn't really care if its a 64 or 65 but the person selling you it certainly does

 

Really wow... I personally like certified , slabbed coins...

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Got go certified for me for sure value is substantially increased over raw

 

I also prefer graded for worthy coins as uts very hard to tell some authenticity, cleaning, tooling filled rims ect. However; remember your paying for just an opinion.

 

What piece of mind do you have with the fake slabs that exist?

 

For coins that I display for viewing, (friends, family, etc.), I buy raw coins. For better material, I mostly, but not always buy certified.

 

Unless you are an expert, I think it is foolish to purchase a trade dollar or rare date coin like a 1916-D Mercury Dime raw.