Are the coin values listed in Trends, Numismatic News Coin Market and Coin New Magazine for Certified or Raw coins? Just wanted to get an idea prior to me attending my first coin show at the Old Mint. I have seen slabbed (ANACS) coins F-15 for some keys and semi-keys. Do those hold a higher premium for a correctly graded raw coin? Thanks!
Most of the time with a slabbed coin you know what you have versus A raw example where the grade can be disputed, It all depends on What your goals are collecting or selling?
...since grading is subjective, BOTH can be disputed but in most cases a slabbed coin will be easier to sell since it carries a guarantee (usually). :secret:
I am generally a collector with both raw and slabbed. My question for example is this...in the April 10th NM Coin Market a 1949-S Franklin, MS63 is listed at $95.00. If the dealer and I agree that a raw specimen meets or exceeds this grade would this be a price I would expect pay or if the coin is NGC certified, would it go higher in price?
If the coin was NGC certified at MS-63 (with or without CAC) then it should go for around retail. If the dealer thought the coin exceeded the slab, he might try to charge more, but coin prices are subject to haggling.
I would have to ask how much knowledge you have in grading coins? And if your just starting out would recommend graded coins until You had a chance to learn more.
I believe the prices listed are for accurately graded, problem-free pieces either raw or certified. Many slabbed coins are a fair bit more liquid than the identical raw coin because of authentication and grading concerns.
Actually an interesting question. Never thought of that as to do the people that make prices such as in Numismatic News, Coin Wold, The Red Book, PCGS web site, etc., base their prices on slabbed or raw coins. I doubt they base them on slabbed coins since so many different TPGS's and many do grade differently. If they did they would need a column for each TPGS. Not sure but I suspect that all such prices are just based on a what if the coin is a xxx grade, not what is a xxx based on PCGS or NGC or one of the many, many others out there. If you look up TPGS's there are probably over a hundred of them although most are fly by nights or someone in a basement trying out a new buisness. I would think that anyone making a listing of prices for a coin are basing thier prices on a grade regardless of a slabbed grade or just a raw one.
First of all, if a seller is offering coins at the prices listed in any of the above that you mentioned - you need to go look elsewhere because 95% of the time they are asking too much.
The graysheets will give you whole prices for raw and the blue sheets will give you wholesale prices on slabed. Like anything else though, take it with a grain of salt.
For a Fat person you don't sweat much. If I want to take it home I don't care much about paid~for opinons. But that is just me. And I don't expect to use collecting as my source of income. If you like it~make an offer. There are more out there and the chase is part of the fun, don't ya think?
Why do people always get that mixed up ? Grey Sheet is for raw or slabbed - sight seen. Blue Sheet is for slabbed only - sight unseen.
Thank you for friendly addition. Should have added the seen and the unseen parts. My omission. I'm just glad you didn't offer a duel. encil:
whoa...now I love the Red sheet. But we're not to talk about it in the general forums so...sssss spock!!