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<p>[QUOTE="physics-fan3.14, post: 3179901, member: 19165"]I don't know what websites you are looking at, but a circulated 1899S Half Eagle ($5) should be in the $350 - $400 range. </p><p><br /></p><p>Let me break it down for you: </p><p><br /></p><p>First, we'll make a couple of assumptions. Let's assume that you can sell this coin raw for $375, and slabbed it will sell for $400. Let's also assume that the cost of slabbing is $40. </p><p><br /></p><p>Now, let's say you got a really great deal, and you were able to buy this coin raw for $360. Great! When you try to sell it raw, you'll get $375, for a $15 profit. Easy money! </p><p><br /></p><p>However, you decide that you want to slab it. Now the cost of the coin is $400 - but you can only sell it for $400. Unfortunately, you just wasted all your time and money, and have no profit to show for it - but you have a fancy plastic slab! If that means something to you, then great.... but it doesn't really make much sense. </p><p><br /></p><p>The situation becomes even clearer if you inherited the coin - You can make $375 on it if you sell it raw, because your cost is zero, or you can make $360 on it if you slab it ($400 minus the $40 fees). You're literally losing money either way by slabbing it. </p><p><br /></p><p>Now, these numbers have to be adjusted to each situation and each coin, but for a lot of coins in this price range, it just doesn't make sense to pay the slabbing fee - the extra liquidity doesn't make up for the added cost.[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 3179901, member: 19165"]I don't know what websites you are looking at, but a circulated 1899S Half Eagle ($5) should be in the $350 - $400 range. Let me break it down for you: First, we'll make a couple of assumptions. Let's assume that you can sell this coin raw for $375, and slabbed it will sell for $400. Let's also assume that the cost of slabbing is $40. Now, let's say you got a really great deal, and you were able to buy this coin raw for $360. Great! When you try to sell it raw, you'll get $375, for a $15 profit. Easy money! However, you decide that you want to slab it. Now the cost of the coin is $400 - but you can only sell it for $400. Unfortunately, you just wasted all your time and money, and have no profit to show for it - but you have a fancy plastic slab! If that means something to you, then great.... but it doesn't really make much sense. The situation becomes even clearer if you inherited the coin - You can make $375 on it if you sell it raw, because your cost is zero, or you can make $360 on it if you slab it ($400 minus the $40 fees). You're literally losing money either way by slabbing it. Now, these numbers have to be adjusted to each situation and each coin, but for a lot of coins in this price range, it just doesn't make sense to pay the slabbing fee - the extra liquidity doesn't make up for the added cost.[/QUOTE]
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