Is slabbed always better

I'm new here and decided to start with something I was pondering today. I picked up a 09 silver Kangaroo At Sunset slabbed by pcgs recently. I got it locally and for what I thought was a reasonable price. While I understand most coins are more desirable when slabbed by a good company I wonder if this would be just as desirable in its mint capsule. I have wondered this about a lot of the modern semi-numismatic proof coins. It did come with the original box and coa, had it not I probably wouldn't have picked it up. Any thoughts or comments would be appreciated.

 

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It depends whilst I see the logic in buying a stabbed coin I have actually very few 3 or 4 maybe. One is of high value, it's not really caught on in Europe the way it has in the states especially so in old England where I live. I still prefer raw coins.

As for the mint sets they're still desirable but I've recently seen COA's for sale on eBay that looks very genuine !

 

Why didn't you pick it up earlier in the day?

 

A stabbed coin? Wow, I want a coin with a knife in it!

 

My browser auto corrected slabbed and I didn't catch it. Funny joke tho, very clever!!

 

I would go for slabbed coins if they are high end big money and you want to know for sure that the coin is authentic. Why anyone out there is slabbing silver and gold bullion is beyond me. ??? why do it ? it will not raise the price of the bullion value. waste of money in my opinion.

 

ditto

 

Very nice coin

I prefer raw for modern coins, that's just me though. The problem with slabbed modern coins is you ended up paying a larger premium most of the time. Still, If you paid the same price as you would for a raw one I buy the slabbed one, way more liquid if you want to sell in the future.

 

It's OK, we all got your point.

 

OP, understand your coin was not slabbed on purpose. The previous owner sent a group of these in to be slabbed hoping for MS70 grades. The price premium on a coin labeled 70 is worth the price of submission. Effectively, modern coins slabbed 69 are TPG rejects, (of the 70 grade).

Its not a bad coin at all, and I think the 70 craze is stupid, but realize yorus is not in a slab because the seller wanted to pay for it to be slabbed 69.

But no, a slab is not always better. I would prefer to have the original issue box and paperwork over a slab personally.

 

Absolutely. That's how I do it.

 

Ready-made grades are like ready-made model airplanes, sort of takes the "hobby" out of the hobby.

 

Slabs are good housing for long-term storage. In addition, if you have something graded in a slab (NGC, PCGS, ANACS), then it'll be harder for someone to cheat your heirs by downgrading one of your coins.

 

Thanks for responses, I feel that the deep cameo 69 may add a little value as opposed to this coin in only it original mint packaging. Generally speaking tho when I buy a modern proof coin like this I opt to get it in its original air title as along as box and paper work are included.

 

Unless it is a 70, there is basically no added value to a modern bullion coin. I personally just prefer my coins; the packaging wether it is a slab or the OGP is completely secondary as long as it provides adequate long term protection from environmental damage.

 

Oh, and welcome to CT @Tydot310.

 

I have a feeling in going to be corrected but I don't consider a proof with a mintage of 4000 to be a bullion coin. The business strike of this coin would be bullion as far as I'm concerned. Bullion in my mind is a coin worth only it's silver or gold weight with very little premium. A coin selling at 800 to 1000 percent over spot is a numismatic in my book. Weather these modern coins hold there value over time is anyone's guess but at the moment they seem to be. One thing I do stay away from are these proof limited strikes from private mints like provident metals and there zombuck series for example.

 

I wasn't speaking of this particular coin specifically, just speaking in generalities when talking about the made for collector modern pieces.

 

I prefer modern NCLT coins in their original mint packaging. As for classic coins, I prefer slabs to provide additional assurance that the coin is genuine and has surfaces that are market acceptable, hence increasing it's liquidity.

If counterfeiting of modern NCLT coins becomes more pervasive then slabs will provide added value with those too.