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<p>[QUOTE="Lehigh96, post: 455117, member: 15309"]We have all heard the adage "Buy the coin not the slab." However, the people who are bidding on this E-Bay auction apparently did not get the memo. </p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26rd%3D1%26item%3D290272846934%26ssPageName%3DSTRK%3AMEWA%3AIT%26ih%3D019" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26rd%3D1%26item%3D290272846934%26ssPageName%3DSTRK%3AMEWA%3AIT%26ih%3D019" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=290272846934&ssPageName=STRK:MEWA:IT&ih=019</a></p><p><br /></p><p>They are bidding on a 1923 Peace Dollar that is graded MS60 in an NGC sample slab. The seller states that the coin is undergraded by two points which would bring it to MS62. Forget the fact that it looks properly graded IMO, a 1923 Peace Dollar NGC MS62 is a $25 coin. They have bid this coin up to $70.</p><p><br /></p><p>What in the world is going on here! No way is this coin worth that much money. Is there some kind of market for collecting unusual slabs? If there is such a market, they should create their own club and use the motto "buy the plastic not the coin." These people are going to pay 3X wholesale for a sample slab! And people give me the business for paying premiums for rainbow toning. Just unbelievable.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 455117, member: 15309"]We have all heard the adage "Buy the coin not the slab." However, the people who are bidding on this E-Bay auction apparently did not get the memo. [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26rd%3D1%26item%3D290272846934%26ssPageName%3DSTRK%3AMEWA%3AIT%26ih%3D019"]http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=290272846934&ssPageName=STRK:MEWA:IT&ih=019[/URL] They are bidding on a 1923 Peace Dollar that is graded MS60 in an NGC sample slab. The seller states that the coin is undergraded by two points which would bring it to MS62. Forget the fact that it looks properly graded IMO, a 1923 Peace Dollar NGC MS62 is a $25 coin. They have bid this coin up to $70. What in the world is going on here! No way is this coin worth that much money. Is there some kind of market for collecting unusual slabs? If there is such a market, they should create their own club and use the motto "buy the plastic not the coin." These people are going to pay 3X wholesale for a sample slab! And people give me the business for paying premiums for rainbow toning. Just unbelievable.[/QUOTE]
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Buy the Coin not the SAMPLE SLAB!
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