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<p>[QUOTE="Marshall, post: 1450333, member: 21705"]Let me expand on my statement. both wear and condition problems affect the price. The coin SHOULD be valued accordingly. Slabs are an attempt to evaluate these variants with the grade accounting for wear and the "Details" accounting for condition. If you don't trust your own ability to make these judgements, a third party makes this judgement for you and puts them into a piece of plastic, ostensibly to protect them. </p><p><br /></p><p>The value is not in the slab if you are a coin collector. But if you are an Investor, you could not care less about what's in your piece of plastic as long as it promises to yield more money than it costs. I refer to those as slab collectors because they will never know the passion of the numismatist who sees the coin as a window to the past. </p><p><br /></p><p>To carefully handle the same metal that our forefathers did is to become a part of history and not merely an observer.To understand how a coin was produced and under what conditions taps into our thirst for knowledge and admiration for their ingenuity and perseverance to overcome the obstacles presented to them, and thus showing us we can also overcome such obstacles.</p><p><br /></p><p>But I digress.[/QUOTE]</p><p><br /></p>
[QUOTE="Marshall, post: 1450333, member: 21705"]Let me expand on my statement. both wear and condition problems affect the price. The coin SHOULD be valued accordingly. Slabs are an attempt to evaluate these variants with the grade accounting for wear and the "Details" accounting for condition. If you don't trust your own ability to make these judgements, a third party makes this judgement for you and puts them into a piece of plastic, ostensibly to protect them. The value is not in the slab if you are a coin collector. But if you are an Investor, you could not care less about what's in your piece of plastic as long as it promises to yield more money than it costs. I refer to those as slab collectors because they will never know the passion of the numismatist who sees the coin as a window to the past. To carefully handle the same metal that our forefathers did is to become a part of history and not merely an observer.To understand how a coin was produced and under what conditions taps into our thirst for knowledge and admiration for their ingenuity and perseverance to overcome the obstacles presented to them, and thus showing us we can also overcome such obstacles. But I digress.[/QUOTE]
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