Who collects non-toned, non-registry slabbed moderns?

Discussion in 'Coin Chat' started by John Anthony, Dec 31, 2012.

  1. John Anthony

    John Anthony Ultracrepidarian

    Just curious. I understand why registry collectors want the highest grade coins, as it's a competition for many of them. I also understand that toned coins are better preserved from further toning in slabs.

    But I'd like to know if anyone collects the slightly lower-grade, non-toned coins. There seems to be a glut, for instance, of PCGS PR69DCAMS from about 1976 onward. Does that actually reflect a collecting interest? Or have many collectors submitted many moderns in the hope getting one of those elusive 70's?

    This isn't a value judgment, by the way. I'm just curious if anyone collects this way, and I'd like to hear what attractions such a collection has to them.
     
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  3. treylxapi47

    treylxapi47 Well-Known Member Dealer

    I collect what ever catches my eye in the highest grade I feel comfortable paying. I actually have several coins in a details holder which i am fine with, they are beautiful coins at a bargain price.
     
  4. John Anthony

    John Anthony Ultracrepidarian

    Yes, me too, but I was asking specifically about non-toned, non-registry moderns. :)
     
  5. treylxapi47

    treylxapi47 Well-Known Member Dealer

    I see what you mean, and the only reason I would spring on any post 76's would be for metal content and high grade examples for my collection and learning. Thats about it.

    Truth be told, most of my collecting habits hinge on metal content, I rarely buy anything that doesnt hold intrinsic value also. I have several nice coins, but the majority of my stuff steers clear of too many clad coins
     
  6. John Anthony

    John Anthony Ultracrepidarian

    A wise decision, imo. My clad Kennedy's are filling up an album. I bought a few slabbed ones for the sake of grading practice, but that's about it. The real value is in the silver issues.
     
  7. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Oh yeah I forgot about albums, but i NEVER buy those coins in slabs for the sets im working on, at least not yet anyway. Some of the real Keys like the Merc 16-D and the Lincoln 09S-VDB i will, but I cant see pulling a 1997 PCGS MS-70 clad dime out of its holder to touch and put into an album likely compromising that 70 status in the process, either accidental or intentional.

    Back on topic, i think they are just leftovers you are seeing from dealers chasing those 70 grades, and no real secondary market to scoop them back up
     
  8. treylxapi47

    treylxapi47 Well-Known Member Dealer

    I have bought a couple of slabbed state quarters this past year, they were silver and the price was right, something like $8-$9 for a slabbed silver quarter is great in my opinion, you get a perfect coin (or close to it) already slabbed with a metal value of $6. So you essentially paid like $2-$3 for the slab, thats a winner in my book all day long.
     
  9. John Anthony

    John Anthony Ultracrepidarian

    That's what I was thinking. I saw several bulk lots of Kennedy's at PR69DCAM, all clad, go for a song today on eBay - averaging 4-5 dollars per slab. That doesn't even recover the slabbing fee.
     
  10. DClayville

    DClayville Member

    I'm collecting Washington quarters at the present moment.From 1932 to 1964 I prefer raw coins after 1964 I go for slabbed.Any State or National Park quarters I do pick up are graded silver as I really don't see any value increase in the clads in the future.
     
  11. John Anthony

    John Anthony Ultracrepidarian

  12. 91stang2

    91stang2 Pocket change junkie

    let me take socks and shoes off...counting...counting..heck! thats a good deal!!
     
  13. John Anthony

    John Anthony Ultracrepidarian

    It's a great deal if you like collecting these issues in slabs, for the sake of collecting. It's not so great if you expect them to increase in value, unless maybe they're sleepers...
     
  14. Lehigh96

    Lehigh96 Toning Enthusiast

    I call the coins you are talking about " registry war casualties."
     
  15. mrweaseluv

    mrweaseluv Supporter! Supporter

    I've actualy grabbed a few slab "lots" that were mostly moderns (my last lot was what got me going on a 1962 registry set lol) but I can't say I really collect slabbed high grade moderns but I do buy them when the price insures a profit (pcgs slabs under $5 each usualy a good bet)
     
  16. Tom B

    Tom B TomB Everywhere Else

    I don't collect moderns in slabs, but I adore many of the modern $5 gold commems and keep them in their capsules while storing the original government packaging. Also, I like the eagle reverse clad WQs raw.
     
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