How do you feel about slabbing?

Discussion in 'Coin Chat' started by fretboard, Aug 12, 2010.

  1. fretboard

    fretboard Defender of Old Coinage!

    Does anyone have a favorite slabber besides PCGS which won't cost too much?
     
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  3. Dimefreak

    Dimefreak Senior Member

    depends on the coin if it has lots of color everywhere then I like NGC if it has target type toning then I prefer PCGS.

    reasoning for that is simple look at this coin.......its so hard to see the toning even in hand......in a PCGS slab it would really pop prolly wont transfer this one just because of the star......
    [​IMG]
     
  4. fretboard

    fretboard Defender of Old Coinage!

    Well I have nickels which are beautifully toned and I also have a couple errors.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Dime,

    I'll bet that Roosie in the NGC EdgeView holder would look a lot better. The EdgeView allows a lot more light to hit the coin.

    Chris
     
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER


    I'm partial to NGC even though I've submitted to NGC, PCGS, (old) ANACS & ICG. Their customer service is the best in my book, and you feel more like a family with them. If cost is your only concern, then you might just as well self-slab.

    Chris
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    Do you agree that an MS Morgan is worth more than an XF Morgan of the same date/mint ?

    Or that an XF Morgan is worth more than F Morgan of the same date/mint ?
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    Why ? Being in a slab doesn't stop a coin from toning any more than a coin being in a mylar flip stops it from toning.
     
  9. medoraman

    medoraman Supporter! Supporter

    But they were advertised as "sonically sealed" when they first came out, and they promised a red coin would always be red if you slabbed it. Do you mean they lied? ;)
     
  10. rzage

    rzage What Goes Around Comes Around .

    But a good slab will sure slow it down , especially if stored right .
    rzage
     
  11. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I don't believe the grading services promised anything of the sort. Their guarantee covers the possibility that some coin might change in the slab over time, but the services have a "statute of limitations" affixed to their guarantee for specific coins such as an MS68RD.

    Chris
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    What would you like in the form of documentation ?

    The most obvious of course is the PCGS grading book. All you have to do is read it and compare it to the ANA standards. They are as different as day and night.

    Now other written documentation is more difficult to come by. But then that's because no other TPG has a written set of grading standards. And I've personally asked all of them, well except for the self slabbers, and I don't think you are even considering them.

    But there have been occasions when spokepersons or employees for the various TPGs have written in coin magazine articles that they do not follow ANA standards. But don't ask me to quote you the issues, dates and page numbers.

    Of course the best proof in my opinion is the coins themselves. Like they say, the proof of the pudding is in the eating. Take any coin you like graded by any TPG you like. Compare the assigned grade to the written ANA standards and if you cannot see that the two are not the same - then I suggest you see an eye doctor.
     
  13. rzage

    rzage What Goes Around Comes Around .

     
  14. rzage

    rzage What Goes Around Comes Around .

    Gosh Doug you type too fast , you beat me again . LOL
    rzage
     
  15. medoraman

    medoraman Supporter! Supporter

    Now they do I guess. They didn't when they first entered the hobby. It was a source of lawsuits, so I am sure they backtracked.
     
  16. Lehigh96

    Lehigh96 Toning Enthusiast

    Doug,

    That statement is very misleading IMO. The majority of toned coins come in physical contact with a toning source that contains sulfur. Bag toned Morgans, Tab toned commems, target toned coins from an album all had direct contact with a sulfur rich toning source in addition to the atmosphere.

    While technically you are correct that the protection offered by a slab and mylar flip are similar, both are far better than the storage methods that are responsible for the type of toning being discussed in this thread.

    I doubt if it is even possible to develop rainbow toning simply from exposure to hydrogen sulfide gas in the ambient atmosphere.
     
  17. medoraman

    medoraman Supporter! Supporter

    Of course. I was referring to coins of which they minted hundreds of millions, but the TPGers made "rare" by giving out ultra high grades. A higher grade ALMOST by definition is worth more than a lower grade coin. However, the prices of MS68 common mercury dimes are only made possible by slabbing. I just think its silly that such a common coin is called a "major rarity" because of a grade assigned to it, (a grade based upon a proprietary grading scale no less). I am not talking a 1921 or something, but a generic date like a 44d. To me rarity is a coin rare in all grades, not something that probably 30,000,000 probably still survive in all grades.

    Generic MS65's and the like is what I am referring to, like the Morgans and others that led to the speculative bust of 1989. Is a 1944d MS68 worth more than a MS67? Yeah, but a price difference of like $10 would be more reasonable. Generics really don't care the date, just the grade.

    I am sure many or most US collectors disagree with me. I guess I am just a curmudgeon early in life. I like truly rare coins, regardless of their grade.

    P.S. As an aside, who gave TPG'ers the right to be the standard setters of grading in the industry? They are in effect now,(if in fact they do not follow ANA guidelines). Shouldn't the ANA or someone be allowed to set the standards that a grader must adhere to? Doesn't anyone else see how self serving and manipulative them setting their own standards is?
     
  18. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Geez, Doug! You really know how to rub it in. I can't tell you how many times that I've admitted that my eyesight is not the best, so the crack about the eye doctor is a moot point.

    My point is (and I'm not trying to single out Medoraman) that the statement was made in "absolute" terms, and I'm the type of person who likes to see the evidence. I never said that the services do or don't use the ANA standards, but I do like to know where the information is obtained.

    Chris

    PS. By the way, you misquoted the adage. It is supposed to be "The proof is in the pudding.":devil:
     
  19. Pilkenton

    Pilkenton almost uncirculated

    If it's cheap enough, I'd buy a slab, but I'm not going to go out of my way to buy or get a coin slabbed.
     
  20. medoraman

    medoraman Supporter! Supporter

    You are right Chris, and I don't feel singled out, (or not any more than I should be). I knew Doug had referenced how TPG'ers did not follow ANA guidelines and was going off of that commentary and others acknowledging that fact from previous posts. I did not do my own research but was relying on Doug's and others comments. Sorry if my posted sounded too definite or I did not reference Doug's earlier statements to that effect.

    I have only been a member a few months here, but the threads all seem to blend together and its hard to remember not everyone reading this post has read the others I was referring to when I made my claim. That, and I just really hate TPG'ers. :)
     
  21. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Don't worry about it! You don't have to defend yourself, and neither does Doug unless he already ate all of the pudding.

    Chris
     
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