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Can we trust current slab coins?.
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<p>[QUOTE="CentDime, post: 235751, member: 7297"]When someone sends in a coin to be graded they can have a minimum grade set of say ms69 and if it is lower then that is doesn't get slabbed. That means you are seeing only the grades the submitters were willing to accept out of all of the grades for any particualr coin. So there were other grades lower but they just weren't slabbed and aren't reflected in the pops.</p><p><br /></p><p>Also for those that doesn't have the knowledge on grading i think PCGS or NGC slabs are the best way to go for the more expensive coins of say $200 or more. How many times do we have to see a post about "I bought this coin 5 years ago what is it worth?" and it turns out to be way overgraded or is cleaned or counterfeit. I have seen even the most modern coins doctored [just look at the Washington smooth error dollars], if it wasn't for slabbing there would be far more people ripped off that already are on that error alone. So slabbing has been a big help in more ways than one. Also the protection value for the coin is important as these coins will be preserved for a long time in the state they are in unlike those of past generations.[/QUOTE]</p><p><br /></p>
[QUOTE="CentDime, post: 235751, member: 7297"]When someone sends in a coin to be graded they can have a minimum grade set of say ms69 and if it is lower then that is doesn't get slabbed. That means you are seeing only the grades the submitters were willing to accept out of all of the grades for any particualr coin. So there were other grades lower but they just weren't slabbed and aren't reflected in the pops. Also for those that doesn't have the knowledge on grading i think PCGS or NGC slabs are the best way to go for the more expensive coins of say $200 or more. How many times do we have to see a post about "I bought this coin 5 years ago what is it worth?" and it turns out to be way overgraded or is cleaned or counterfeit. I have seen even the most modern coins doctored [just look at the Washington smooth error dollars], if it wasn't for slabbing there would be far more people ripped off that already are on that error alone. So slabbing has been a big help in more ways than one. Also the protection value for the coin is important as these coins will be preserved for a long time in the state they are in unlike those of past generations.[/QUOTE]
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Can we trust current slab coins?.
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