Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Buy the coin, not the slab.
>
Reply to Thread
Message:
<p>[QUOTE="CamaroDMD, post: 1430322, member: 5233"]I have no problems with slabs and I have never really liked the phrase "buy the coin, not the slab." That said, I believe that if you are a truly serious collector, you should be able to grade and authenticate your coins of choice without the need of a TPG. Even when purchasing a slabbed coin, one needs to be able to evaluate that coin in the slab. Grading is very subjective and therefore each grade contains a wide range of variability. Is the coin overgraded, undergraded, or right on target? Even though the technical grade is the same, does coin A and a distracting mark that coin B does not have and therefore has better eye appeal? No two slabbed coins are the same and thus no coin should be treated as identical to another.</p><p><br /></p><p>That last sentence: </p><p><br /></p><p>That is the key to why coins are bad investment pieces (even slabbed coins). Because they are not an identical commodity. Each coin is slightly different and those differences affect the value even within the same grade.</p><p><br /></p><p>Slabbed coins are easier to sell...because buyers have a little more security with them. That is a benefit to a slabbed coin, if down the road you might want to sell it and want that to be as easy as possible, slabbed makes it easier.</p><p><br /></p><p>Bottom line, when collecting coins the collector should grade prior to buying (no matter if the coin is slabbed or not)...it's best not to rely on the slabbed grade. Slabs do add a little security to the purchase and make the coin easier to resell. A slabbed coin is still no a good investment piece.</p><p><br /></p><p>I have both slabbed and raw coins in my collection. I personally have not preference either way. I buy the coins that I want in my collection. I have never cracked out a coin and I have submitted a grand total of 3 coins to be slabbed.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1430322, member: 5233"]I have no problems with slabs and I have never really liked the phrase "buy the coin, not the slab." That said, I believe that if you are a truly serious collector, you should be able to grade and authenticate your coins of choice without the need of a TPG. Even when purchasing a slabbed coin, one needs to be able to evaluate that coin in the slab. Grading is very subjective and therefore each grade contains a wide range of variability. Is the coin overgraded, undergraded, or right on target? Even though the technical grade is the same, does coin A and a distracting mark that coin B does not have and therefore has better eye appeal? No two slabbed coins are the same and thus no coin should be treated as identical to another. That last sentence: That is the key to why coins are bad investment pieces (even slabbed coins). Because they are not an identical commodity. Each coin is slightly different and those differences affect the value even within the same grade. Slabbed coins are easier to sell...because buyers have a little more security with them. That is a benefit to a slabbed coin, if down the road you might want to sell it and want that to be as easy as possible, slabbed makes it easier. Bottom line, when collecting coins the collector should grade prior to buying (no matter if the coin is slabbed or not)...it's best not to rely on the slabbed grade. Slabs do add a little security to the purchase and make the coin easier to resell. A slabbed coin is still no a good investment piece. I have both slabbed and raw coins in my collection. I personally have not preference either way. I buy the coins that I want in my collection. I have never cracked out a coin and I have submitted a grand total of 3 coins to be slabbed.[/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
>
Coin Chat
>
Buy the coin, not the slab.
>
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...