The reason you can't see it might be because it's smack up against your nose...

Discussion in 'Coin Chat' started by eddiespin, Dec 7, 2011.

  1. Vess1

    Vess1 CT SP VIP Supporter

    LOL! Good point.

    I saw one of the late night shows selling a common bullion ASE in a slab with an engravers signature on the label and (W) on the label. Those were the big selling points. It was also a MS-70. On ebay, out of the slab it would sell for $35. Their price: $149.
     
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  3. JCB1983

    JCB1983 Learning

    I don't know what category I fit into. I prefer VF-XF look on Barbers and Busts (natural Grey), but am happy to fill my dansco with F-12. I tend to overlook the eye appeal of anything AU.. Just don't like the shine. On the other hand once you get up in MS, with natural tone, my heart starts thumping. Personally I wouldn't fit into any category, because I want to get a coin that I love, but will be a wise investment if I ever need the money or get bored of it. With the internet, and the wealth of information, I don't believe we should be expected to pay pcgs price guide prices for coins that have been toned, cleaned, or altered in any fashion. This is a reason why I tend to buy slabbed in the higher grades. When I feel as though I can trust my own judgment on grading, then I might pick up some coins that jump my bones in the higher grades. Just my 3 cents.
     
  4. Kentucky

    Kentucky Supporter! Supporter

    All interesting answers. I don't have any slabbed coins, not from lack of desire, but mostly because I collect raw coins that I like the look of. In some ways,m I was reminded of bullion people who want to have the lump of material in their hand vs. the people who have gold mining stock. Whatever people decide has value, will have value. Any sports cards collectors out there?
     
  5. hartnessjr

    hartnessjr Member

    type two

    I have never cared if a coin was slabed or not. I buy a coin for its appeal to me, historic value etc.. i have never sold a coin so value isnt important. I just enjoy the hobby and find the people enjoyable as well.
     
  6. icerain

    icerain Mastir spellyr

    The sports card market is a crazy one. You might see one card for a hundred dollars one day and the next day another one for half price. But I'm talking about modern cards. As of yet I haven't seen any coins like that.
     
  7. lkeigwin

    lkeigwin Well-Known Member

    Sure, it's always about the coin. But often I won't buy one unslabbed. There are too many problem coins and counterfeits.

    So I bought the 1804 large cent in NGC plastic. Then Conder proved it was fake. Crap.
    Lance.
     
  8. DM1

    DM1 Active Member

    I recently bought a set of slabbed 2009 proof Lincolns only because the ones in my proof set have problems, so I figured rather than going trough 100 sets, I'd get much nicer ones if they were graded high enough and slabbed. So, at least that time, I picked slabbed over raw. And they are very nice coins.
     
  9. BRandM

    BRandM Counterstamp Collector

    I'm into the history and design of what I collect. A great piece of art work with some history to tell me its purpose and where it's been. I research to varying degrees everything I put into my collection. I love the challenge and the learning.
     
  10. BRandM

    BRandM Counterstamp Collector

    Conder's pretty sharp Lance. You might not want to show him anymore coins that are questionable...at least if you already own them.:devil:

    Bruce
     
  11. gbroke

    gbroke Naturally Toned

    Wow Lance, bummer. I do agree buying slabs will weed out most of the counterfits. I haven't purchased the last 5 or 6 I need for my typeset because they are the most expensive, hence, highly counterfitted. In this scenario I will buy them in slabs and crack those babies open with a chainsaw or whatever.
     
  12. JBOCON

    JBOCON Well-Known Member

    I don't know anything about this, but have you seen my MS70, early release, first strike, CAC certified, Slab from the famous slobbers hoard. Top of the population report, none better.
     
  13. PennyGuy

    PennyGuy US and CDN Copper

    I'll put myself in Category 3. Of approximately 1,200 pieces of US and Canadian copper in my collection roughly 4.5% are slabbed, of which 21 are in two registry sets. The other 95.5% are raw.
     
  14. gbroke

    gbroke Naturally Toned

    You are mostly category 2, but a little bicategory curious.:)
     
  15. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Once you crack them the warrantee is gone so if a fake did get thru their grading service then you just bought it by cracking it out.
    Just something to think about.
     
  16. jjack

    jjack Captain Obvious

    Am i like this guy what category am i in?

    dilbertgold.gif
     
  17. gbroke

    gbroke Naturally Toned

    That's a good point, but there is now way I would even purchase the slabbed coins without running by some of the experts here. So at least I can blame them for my incompetence.
     
  18. jjack

    jjack Captain Obvious

    Actually what is happening is we are starting to see Fake slabbed coins hitting the market, rather than go thru the trouble of forging a fake that is similar to the real deal. They have realized that if fake coin is slabbed it is harder to perform the various tests to verify it is legit. About.com did a good article when Chinese officials cracked down on of these rings and found hundreds of fake slabbed coin (Morgan, double eagles, pandas you name it). Grading services have caught on and have implemented additional security.

    I am betting that in some cases now, they are actually sending a real coin to be graded and then breaking the slab getting the certificate/hologram and putting a fake coin/slab with those. Once they start doing that in large numbers :confused:
     
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