Is This First Generation PCGS?

Discussion in 'Coin Chat' started by keemao, Jun 25, 2014.

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  1. Troodon

    Troodon Coin Collector

    I for one agree completely. I am firmly of the opinion that a slabbed coin should never be considered to be worth a single cent more than the coin inside the slab is worth.

    Some people may pay a premium for certain slabs, but that's slab collecting, not coin collecting, as far as I'm concerned, and I have no interest in slab collecting lol...
     
    Troodon, Jun 28, 2014
    #21 + Quote Reply
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    I know, but the point I was trying to make was this. That just to get the slab you want to collect, you're going to have to pay $1450-$1500, maybe more, because of the melt value of the coin inside. That's a lot of money to spend for a slab collector when they can buy some other coin in the same type of slab for under $100, often well under.
     
    GDJMSP, Jun 28, 2014
    #22 + Quote Reply
  4. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Okay, I agree in terms of slab collectors, as it certainly is different and a curiosity for people who do collect slabs. What I was saying is that the coin is an attractive coin, and its attractiveness is being negatively affected by a damaged slab. Someone should put that coin in a new slab in my opinion and keep the old one--do a neat crack out.
     
    Morgandude11, Jun 28, 2014
    #23 + Quote Reply
  5. CamaroDMD

    CamaroDMD [Insert Clever Title]

    That's true.
     
    CamaroDMD, Jun 28, 2014
    #24 + Quote Reply
  6. Tom B

    Tom B TomB Everywhere Else

    As others have stated, this is known as a doily slab and was produced a few years after PCGS introduced their rattler slabs. The enormous crack on the reverse kills most any premium that would be associated with the holder, which is typically less than $100 per coin anyway.
     
    Tom B, Jun 28, 2014
    #25 + Quote Reply
  7. Conder101

    Conder101 Numismatist

    Doily slabs are worth a premium, but not a huge one. They are not easily obtainable but if you keep looking you will find one (at least at the moment) so a badly damaged one like this one will lose most of its premium value.

    If this was a black NGC, it would still command a decent premium because they are MUCH MUCH harder to find
     
    Conder101, Jun 29, 2014
    #26 + Quote Reply
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