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<p>[QUOTE="Prime Mover, post: 1860135, member: 38783"]Sometimes you're looking for a slabbed coin in a specific grade to complete a registry set. Personally, I'm looking for some MS-63 Ikes to complete one of mine, and am finding it hard to find them, since those are rarer in that grade. If that was a coin I was looking for, I'd happily shell out the $25 for it, even though the coin itself would only be worth $7 at melt. In that case, there's a perfect reason to slab something that you wouldn't normally consider to slab it, even though it's a prohibitive cost to slab. </p><p><br /></p><p>And, you may not know what is going on behind the scenes with the consignor. Maybe he's liquidating an estate and just sending all the coins through at once, or is a repeat consignor constantly feeding coins through based on a contract. Most times you'll see them get a large bulk deal for the consignment as a whole, so they slab the low grade ones alongside the higher grade ones. This is no different than a dealer submitting a couple hundred coins to get the bulk discount at a TPG. They make their profit on the higher grade ones, and the rest are just fodder that may make a few extra bucks.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 1860135, member: 38783"]Sometimes you're looking for a slabbed coin in a specific grade to complete a registry set. Personally, I'm looking for some MS-63 Ikes to complete one of mine, and am finding it hard to find them, since those are rarer in that grade. If that was a coin I was looking for, I'd happily shell out the $25 for it, even though the coin itself would only be worth $7 at melt. In that case, there's a perfect reason to slab something that you wouldn't normally consider to slab it, even though it's a prohibitive cost to slab. And, you may not know what is going on behind the scenes with the consignor. Maybe he's liquidating an estate and just sending all the coins through at once, or is a repeat consignor constantly feeding coins through based on a contract. Most times you'll see them get a large bulk deal for the consignment as a whole, so they slab the low grade ones alongside the higher grade ones. This is no different than a dealer submitting a couple hundred coins to get the bulk discount at a TPG. They make their profit on the higher grade ones, and the rest are just fodder that may make a few extra bucks.[/QUOTE]
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Buy the coin, not the slab.
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