Check out Common Lincoln PCGS slabbed coins... Somebody spent a bunch of money slabbing common date Lincolns with PCGS. I could see it now...this collector was convinced that his entire collection should be slabbed...even in grades of G6: Teletrade LINK Teletrade LINK 2 Teletrade LINK 3 Teletrade LINK 4 Teletrade LINK 5 Now he wants to sell them...poor guy! These are just five of his listed coins The bids are all at $3.
This guy should have spent the $25/ coin that he spent on slabs to upgrade his coins. He could have found much nicer coins (already in PCGS plastic) for about the cost of his grading fees. someone didn't think this thing all the way through...too bad.
Good one Rick! I guess that is what happens when you try to cross a SGS slabbed coin with a decent TPG? I posted a small number of these items for auction. This seller had all of his Lincolns graded by PCGS up to the year 1950!...and he didn't have any of the keys or semi-key dates! Somebody sold him a bill of goods!
Or maybe he had heard on a forum that coins slabbed by PCGS sell for more than raw...or NGC or ANACS or so on... Speedy
Considering prices realized (that means REAL prices) at auction houses like Heritage, Bowers & Merena, and even eBay, PCGS does realize much higher prices than the other services (all things being equal). Prices realize don't lie...but wait...those prices are inputed into a computer and anything inputed into a computer can be manipulated to serve's one purpose. Forget what I said, I just blew my argument. The computer hackers are intentionally scewing prices to benefit one service over another. Sorry for bringing it up...
Anything can be changed or such to make #1 look better than #2....I'm not saying this is happing or has happened but it can.... Speedy
I can see how a pure collector with money to spend might want to slab them (I plan on slabbing coins that are worth less than the slab cost simply because I like having slabbed coins. It keeps my collection consistent, and it looks nice. I don't ever plan on selling them.). I can't understand why someone would want to turn around and sell them, though, unless they are flat out of money, and any sale is a sale, even if it comes back as a loss.
This is one of those rare occasions where you want to buy the holder, not the coin. I mean, the melt value of those slabs is probably fifty cents, at least! Melt it down and sell that polyethylene to the plastics suppliers!
