And why is it that that is so ? It is so because for some people the slab removes the risk. What risk ? Well, the raw coin of the same grade only has the seller's opinion and possibly the buyer's opinion that the grade is correct. So if the buyer pays MSxx money for the coin he has to trust his own judgement that when and if the time comes to sell that he can then get MSxx money back out of it. Of course this scenario is only true if the next buyer is an undecuated buyer.For an educated buyer will ignore the grade on the slab anyway and only pay according to how he thinks the coin grades. So yes, to the uneducated the coin in a slab may be worth more than a raw coin. To the educated, there is no difference.
To me, the high quality TPGs provide a value adding service. If I had two coins side by side, both were the same year, denomination and grade (disregarding small differences in the two coins)...and one was raw for $300 and the other was slabbed and was $320. I'd pay $320 for the slabbed coin. I figure I am paying $20 for the added features provided by the TPG (authentication, close or accurate grading, checking for problems, a nice display holder, etc.), which is worth it to me. I'm paying for the TPG's expertise to supplement my own knowledge, but that's just my opinion. Now, I will also say that I won't blindly buy the coin in the slab though. I need to examine it myself, agree with the grading, etc. before purchasing the coin.
I feel that as you go up in grade, to the MS66 to MS70 level, a PCGS cerficiation and slabbing adds dramatically to the long term value of a coin. The difference between the value of my 09svdb in ms66rd, and the value of that same coin (minus the two tiny planchet nicks on the reverse) graded in MS67RD is just so vast that only the PCGS guarantee makes this tangable. Id NEVER buy raw, in those grades.
Well said. A raw coin and a slabbed coin are two different offerings. One is a coin, nothing more. The other is a coin coupled with an expert opinion. And like any other opinion, anyone is free to agree or disagree. In both cases, a coin is more desirable if offered by an ethical dealer, well known to the buyer, who stands behind his sale. This closes the gap between raw and slabbed just a bit.
:thumb: :thumb: :thumb: A lot of posts stuck out IMO, but this was one that caught my eye. Good post. :thumb: Original question. "Does a slabbed coin worth more than a raw coin?" Answer, unfortunalty most of the time, yes. Reason being, I'll probable get flamed or something for this, but most people are lazy. People generally like to find the easy way out most of the time. Instead of taking the time to learn to grade, and work at it, they would much rather rely on someone else's opinion. Which can end up costing a lot of money in the long run. I've seen a lot of really attractive, and easy 66 or 67 Lincolns, go for only $5-$10. Why? Because, it doesn't have a sticker on it telling someone what it's grade is. Don't get me wrong at all, have nothing against any of the TPGs, but I think people rely on them to much. If you learn to grade, and learn about a certain series, you can pick up some very bargain coins. The TPGs are great, especially for telling a coins authenticity, problems that might have been missed, etc. Takes basically a talent for things like that (IMO). Okay, I'm done now. Just all my opinion, and open for any criticism (just don't be too harsh ), and comments. Best of luck with your coin Bone, she is a very attractive lady. :thumb: Phoenix
Talking strictly of the value of the coin, no it does change, as the coin itself has not changed. Perception, marketability, or any number of other factors may change by putting a coin in a slab, but unless someone can tell me specifically how the coin itself improves by putting it in plastic, the "extra" money that people are willing to spend is just for the plastic, or to pay for someone's opinion, or whatever else, but it is not for the coin. A slab holds no premium to me, and if I purchase a token in a slab, I set it free.
I have some slabbed 2006-W silver eagles, and I discovered that if they are ms 69 or below, ebayers will pay more for a raw coin than slabbed.
I haven't read each post of this thread, but I'd say (and I'm sure someone else already has) the market in which you are trying to sell makes a huge difference. A raw coin will almost always net less on eBay than an identical coin purchased in person.
I am guessing they want to submit them and try for a 70. Maybe I should crack mine out and put them in the original packaging. They all look 70 to me.
That's partly it. The point is that a slabbed example removes the doubt, it means it is not worth gambling on the outcome. People love to gamble. 99 out of a hundred times they will risk their money where there is a chance, no matter how slim that chance, instead of taking the sure thing.