Slabbing Coins

Discussion in 'What's it Worth' started by davedawg, Sep 27, 2007.

  1. davedawg

    davedawg New Member

    I have found a few coins in my collection that are what most would deem "desireable, a 1936 Lincoln DDO, 1984 Lincoln DDO, 1995 Lincoln DDO, George Washington Dollar with an elongated ray, and a few 1944 D/S and 1946 S/D as well as others. Are these worth getting certified even if I don't plan on trying to sell them? Right now they are in 2x2 holders. I have never sent out coins for certification and would like to know, even if it's a dumb question, what the benefits and reasons are to why one would get coins slabbed and if I should in my case. It's not like I have an 1889CC MS65D Morgan Dollar or anything but I was quite excited to find these coins on my own!
     
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  3. gopher29

    gopher29 Coin Hoarder


    If it's going to cost more than the coin is worth to get it slabbed then I say forget it. Basically, if you don't think the value added of the slab outweighs the cost of getting it slabbed then why bother?
     
  4. Arizona Jack

    Arizona Jack The Lincoln-ator

    I saw somewhere, I think Clembo said, if your married, it is insurance to make sure your wife gets what they are worth God forbid something should happen to you.

    I just sent a bunch in this week, some ebay buys because ICG is slabbing keys for free if you pay for another. Also variety attribution is cheaper, only $5 if not in the redbook. Free if it is, such as you listed.

    ICG will not be the best resale value, but in my case on the keys, just to have them authenticated is all I need. For long term value? Go with PCGS.
     
  5. edduns

    edduns Senior Member

    If you love them - leave them

    If ya want to sell them - slab them
     
  6. Treashunt

    Treashunt The Other Frank

    What he said!
     
  7. grizz

    grizz numismatist

    i don't mind the slabbing idea, especially for authentication. it is a good idea, i think, for keys and rare coins. i think it will get more popular in the future especially for new collectors that want a coin but they can't grade and refuse to learn and think this idea of slabs reduces their chance of a shafting, when the time comes for them to trade or sell. and many collectors who like slabbed coins will find that they are better off hunting the coin down already slabbed rather than slabbing the raw one they may want to buy. this idea at least cuts down on cost of 'gambling' the coin will come back not body bagged after spending the submission fee, especially for common dates and moderns. jmo

    grizz
     
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