Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Buy Ancients in Plastic Holders
>
Reply to Thread
Message:
<p>[QUOTE="John Anthony, post: 1908590, member: 42773"]As far as I can tell, NGC slabs have only made a tiny inroad into the market. A search of eBay, for instance, shows 47,306 sales since Jan 2014, including 747 NGC-certified coins. That's a measly 1.5% share. I didn't look at every single one of those sales, but the overall impression I got was that the slabbed coins did not sell for much of a premium over what they would have sold for raw. Yes, there was the occasional hammer price that indicated a bidding war, but that happens all over eBay, regardless the items sold.</p><p><br /></p><p>David Vagi is doing what every good businessman does: promote his product to create demand. The question is, are serious collectors of ancient coins going to start demanding slabs? I doubt it. NGC is approaching this market as if it was similar to the US coins market. US collectors have gone slab crazy. If you post a nice raw coin in the US forum, you summon the slab zombies.</p><p><br /></p><p>[ATTACH=full]326976[/ATTACH]</p><p><br /></p><p>That's just a little fun guys, don't take it personally! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I really don't think you can generate the same sort of interest among collectors of ancients. I would advise NGC to study their potential buyers and offer a product that collectors of ancient coins actually find useful. Otherwise, that measly share just isn't going to increase.[/QUOTE]</p><p><br /></p>
[QUOTE="John Anthony, post: 1908590, member: 42773"]As far as I can tell, NGC slabs have only made a tiny inroad into the market. A search of eBay, for instance, shows 47,306 sales since Jan 2014, including 747 NGC-certified coins. That's a measly 1.5% share. I didn't look at every single one of those sales, but the overall impression I got was that the slabbed coins did not sell for much of a premium over what they would have sold for raw. Yes, there was the occasional hammer price that indicated a bidding war, but that happens all over eBay, regardless the items sold. David Vagi is doing what every good businessman does: promote his product to create demand. The question is, are serious collectors of ancient coins going to start demanding slabs? I doubt it. NGC is approaching this market as if it was similar to the US coins market. US collectors have gone slab crazy. If you post a nice raw coin in the US forum, you summon the slab zombies. [ATTACH=full]326976[/ATTACH] That's just a little fun guys, don't take it personally! :) I really don't think you can generate the same sort of interest among collectors of ancients. I would advise NGC to study their potential buyers and offer a product that collectors of ancient coins actually find useful. Otherwise, that measly share just isn't going to increase.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Buy Ancients in Plastic Holders
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...