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<p>[QUOTE="Areyousure, post: 2821865, member: 89324"]I would just like to add to this thread.</p><p>When I started collecting many years you had little use for graders but such has been the hype/fear factor in buying coins most people on certain platforms are not confident on grading/buying coins.This in turn means that if you want to sell a coin and get a decent price then you have to slab the coin as most ordinary collectors nowadays feel more confident buying them.</p><p>I have over the last couple of years started slabbing my coins because one day I will decide to sell and this covers most bases.If you don't like slabs then by all means buy the coin and then remove it from the slab, I've done this a couple of times myself as you can still see the coin and judge for yourself whether its MS whatever even if you don't agree with the grade!</p><p><br /></p><p>I agree with the argument that slab grades are open to interpretation by the grader but doesn't this also concur with dealers when they say its Unc when you know its EF?.</p><p><br /></p><p>The one thing I would say grading has over buying raw is that it is very difficult to see if a coin has been repaired, tooled etc unless you carry a microscope around with you and before you start clucking that 'most dealers are honest', yeh right of course they are?.</p><p>Im not going to go too much into it but I have seen with my own eyes dealers buy damaged coins at auction and sell them as genuine. One dealer I won't mention his name purchased a coin with a listed fault on it at auction for £9000 and weeks later on his stand was the same coin with a price tag of £20000 but I could have it for £15000 if interested! Was there any mention of the fault?....er..........NO, is he a member of the BNTA?....er....yes.</p><p>Before you say why didn't you report him?.......to whom the old boys network?</p><p><br /></p><p>Let me put it this way the auction house he purchased from was sited right next to him at the coin show and if you could not see this coin and know what was going on then you must of been either a) blind b) stupid or c) in it together.</p><p><br /></p><p>No wonder people buy slabbed[/QUOTE]</p><p><br /></p>
[QUOTE="Areyousure, post: 2821865, member: 89324"]I would just like to add to this thread. When I started collecting many years you had little use for graders but such has been the hype/fear factor in buying coins most people on certain platforms are not confident on grading/buying coins.This in turn means that if you want to sell a coin and get a decent price then you have to slab the coin as most ordinary collectors nowadays feel more confident buying them. I have over the last couple of years started slabbing my coins because one day I will decide to sell and this covers most bases.If you don't like slabs then by all means buy the coin and then remove it from the slab, I've done this a couple of times myself as you can still see the coin and judge for yourself whether its MS whatever even if you don't agree with the grade! I agree with the argument that slab grades are open to interpretation by the grader but doesn't this also concur with dealers when they say its Unc when you know its EF?. The one thing I would say grading has over buying raw is that it is very difficult to see if a coin has been repaired, tooled etc unless you carry a microscope around with you and before you start clucking that 'most dealers are honest', yeh right of course they are?. Im not going to go too much into it but I have seen with my own eyes dealers buy damaged coins at auction and sell them as genuine. One dealer I won't mention his name purchased a coin with a listed fault on it at auction for £9000 and weeks later on his stand was the same coin with a price tag of £20000 but I could have it for £15000 if interested! Was there any mention of the fault?....er..........NO, is he a member of the BNTA?....er....yes. Before you say why didn't you report him?.......to whom the old boys network? Let me put it this way the auction house he purchased from was sited right next to him at the coin show and if you could not see this coin and know what was going on then you must of been either a) blind b) stupid or c) in it together. No wonder people buy slabbed[/QUOTE]
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