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1913 "Stressed Indian" Quarter Eagle (thanks Ziggy)
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<p>[QUOTE="GDJMSP, post: 16762, member: 112"]There are many arguments for and against slabbing coins. But in the end it is the individual collector who must decide. For one thing - slabbing coins provides the collector with a professional opinion of the coin's grade and establishes authenticity. And if you cannot do these things yourself - then slabbing is often wise.</p><p><br /></p><p>It also provides a very good measure of protection for the coin so that it may be handled and looked at by yourself and others. It would never be a good idea to allow another or a child to handle a coin that was not in a protective holder for if the coin were dropped it could easily be damaged. It could also be damaged by fingerprints. And - if you ever decide to sell the coin - it will be much easier to do so and you will receive full value if it is slabbed by a reputable company. You may not if it isn't. </p><p><br /></p><p>And with a very expensive coin it is, in my opinion, always a good idea to have the coin slabbed for all of the reasons I have listed above. Of course this dictates that you must define what is very expensive. To some collectors it may be $100 - to others it may be $5000. Or anyplace in between, above or below either of those figures.</p><p><br /></p><p>The argument against slabbing coins is one of the required expense to do so. This is assuming of course that a reputable grading company is chosen. It also - in some collector's words - entombs the coin in plastic and thus renders it less desirable in their opinion. Of course I could never see the logic in this statement for I see little difference between a slab and a con holder. So to me the only downside is the expense.</p><p><br /></p><p>So - in regard to your question about slabbing a coin for investment purposes only - I would say no. This is not the only time a coin should be slabbed. I believe the coin to be genuine, I also feel confident in the grade I mentioned. And to me - the coin's value is such that it would not require slabbing. Obviously - I am basing these opinions on a picture. That is seldom definitive.</p><p><br /></p><p>The comments I previously made were based on my own opinions and definitions. You must make the choice based on yours.</p><p><br /></p><p>That's the best I can explain it.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 16762, member: 112"]There are many arguments for and against slabbing coins. But in the end it is the individual collector who must decide. For one thing - slabbing coins provides the collector with a professional opinion of the coin's grade and establishes authenticity. And if you cannot do these things yourself - then slabbing is often wise. It also provides a very good measure of protection for the coin so that it may be handled and looked at by yourself and others. It would never be a good idea to allow another or a child to handle a coin that was not in a protective holder for if the coin were dropped it could easily be damaged. It could also be damaged by fingerprints. And - if you ever decide to sell the coin - it will be much easier to do so and you will receive full value if it is slabbed by a reputable company. You may not if it isn't. And with a very expensive coin it is, in my opinion, always a good idea to have the coin slabbed for all of the reasons I have listed above. Of course this dictates that you must define what is very expensive. To some collectors it may be $100 - to others it may be $5000. Or anyplace in between, above or below either of those figures. The argument against slabbing coins is one of the required expense to do so. This is assuming of course that a reputable grading company is chosen. It also - in some collector's words - entombs the coin in plastic and thus renders it less desirable in their opinion. Of course I could never see the logic in this statement for I see little difference between a slab and a con holder. So to me the only downside is the expense. So - in regard to your question about slabbing a coin for investment purposes only - I would say no. This is not the only time a coin should be slabbed. I believe the coin to be genuine, I also feel confident in the grade I mentioned. And to me - the coin's value is such that it would not require slabbing. Obviously - I am basing these opinions on a picture. That is seldom definitive. The comments I previously made were based on my own opinions and definitions. You must make the choice based on yours. That's the best I can explain it.[/QUOTE]
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1913 "Stressed Indian" Quarter Eagle (thanks Ziggy)
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