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<p>[QUOTE="GDJMSP, post: 818330, member: 112"]This is another one of those times where terminology is so important. </p><p><br /></p><p>If a coin is "slabbed" that means that a TPG has reviewed the coin, authenticated it and assigned it a grade. And then placed that coin in a tamper-proof, sealed holder with the numerical grade on the label.</p><p><br /></p><p>So no, the mint didn't "slab" the GSA dollars, and neither did the General Services Administration. All the GSA did was place the coins in plastic holders. No numerical grade was assigned to the coins. And the holders could be opened and re-closed with minimum effort.</p><p><br /></p><p>The GSA did however attempt to separate the coins into 2 groups circulated and uncirculated. But the people they used to separate the coins knew virtually nothing about coins & grading them, and thus some <u>circulated</u> coins were placed in holders and labeled as <u>uncirculated</u>. And some <u>uncirculated</u> coins were placed in holders for <u>circulated</u> coins. In other words the people separating the coins screwed up big time !</p><p><br /></p><p>What I am trying to point out is that there is a major difference between a "slab" and a Mint issued coin holder.</p><p><br /></p><p>Third party grading companies use slabs.</p><p><br /></p><p>The US Mint uses coin holders.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 818330, member: 112"]This is another one of those times where terminology is so important. If a coin is "slabbed" that means that a TPG has reviewed the coin, authenticated it and assigned it a grade. And then placed that coin in a tamper-proof, sealed holder with the numerical grade on the label. So no, the mint didn't "slab" the GSA dollars, and neither did the General Services Administration. All the GSA did was place the coins in plastic holders. No numerical grade was assigned to the coins. And the holders could be opened and re-closed with minimum effort. The GSA did however attempt to separate the coins into 2 groups circulated and uncirculated. But the people they used to separate the coins knew virtually nothing about coins & grading them, and thus some [U]circulated[/U] coins were placed in holders and labeled as [U]uncirculated[/U]. And some [U]uncirculated[/U] coins were placed in holders for [U]circulated[/U] coins. In other words the people separating the coins screwed up big time ! What I am trying to point out is that there is a major difference between a "slab" and a Mint issued coin holder. Third party grading companies use slabs. The US Mint uses coin holders.[/QUOTE]
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