3rd party grading

Discussion in 'Coin Chat' started by JeromeLS, Apr 6, 2007.

?

Should coins be slabbed

  1. Never

    25.7%
  2. Only if they are in mint state

    28.6%
  3. Only if they are suspected forgeries

    28.6%
  4. Always, as long as they have any value

    31.4%
Multiple votes are allowed.
  1. Aidan Work

    Aidan Work New Member

    I noticed that there were a few people who voted more than once,& in different sections as well.Surely,it makes sense to post polls in which you can only vote once.

    Aidan.
     
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  3. JeromeLS

    JeromeLS Coin Fanatic

    I have multiple choice, so if you only have them slabbed if they are in mint state and/or they look like fakes, then you can select both.....
     
  4. 900fine

    900fine doggone it people like me

    In all cases, it's wise to have each category's votes divided by the total number of VOTES, not voters... that's a robust algorithm, in that it handles both cases (one vote per voter and many votes per voter)
     
  5. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I think most coins other than bullion should be slabbed if they have enough numismatic value that you don't want your heirs to be ripped off in an eventual resale. The slab is no guarantee, but it is at least an indication of value. Translated into dollars, I probably only purchase slabbed coins for anything over about $30 anymore.
     
  6. asciibaron

    asciibaron /dev/work/null

    i went through a stack of German marks last night that were slabbed by PCGS in the late 1980's. many of them would fetch far more money if they were graded by today's standards. being slabbed already means risking the current slab grade to go higher. if it was a raw coin, it's grade could change with the standards. it's a two way street, but the result could mean the difference of $900.00.

    pesonally, if i pony up for an MS-63 or 65, that coin is going to be in a slab for physical versus financial protection. a raw coin of high quality in my house has many chances to be damaged by the environment or little fingers. my young son just loves coins.

    -Steve
     
  7. dreamer94

    dreamer94 Coin Collector

    Not enough choices.
    Need another option for
    "When authentication of a coin is important".

    (Need not always be a suspected forgery)
     
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