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<p>[QUOTE=&quot;gmarguli, post: 120112, member: 246&quot;]But you&#039;re wrong about no one other than Americans caring about slabbed grades. I sell quite a bit of slabbed foreign and many go back to their home country. I doubt that they would sell for anywhere near what I get if they were raw. The end buyer might not care about an MS65 from an MS66, but the slabbed grade does tell them what to expect as far as quality goes. They know if it&#039;s in an MS65 slab the coin is likely going to be nice. If I say it is MS65, they have to take my word.</p><p><br /></p><p>Also, I&#039;ve sold MANY Austrian coins, including several GEM roller die coins and not a single one ever went back to Austria. I also sold a rare proof set and it didn&#039;t go back to Austria. My guess is that Austrians don&#039;t care about coins at all. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>As for why I slabbed this coin (and all my coins):</p><p><br /></p><p>1) It offers protection. Ever want to show a coin to someone who wasn&#039;t a coin person? Very rarely will I if the coin is raw. We&#039;re not talking $5 coins here, they&#039;re in the thousands of dollars and it&#039;s very peaceful to know that even if they drop the coin, they won&#039;t damage it.</p><p><br /></p><p>2) Long-term storage. Coins are fairly secure in slabs. I don&#039;t have to worry about PVC in flips or the coins sliding back and forth in the flips getting hairlines&nbsp; or getting custom made holders, etc. Slabs are pretty cheap. This slab was $25.</p><p><br /></p><p>3) Insurance. If the coin turns bad (i.e. environmental damage, toning gone bad, etc) the grading company will compensate me. I have quite a few toned coins including about 50 classic US commems in MS65-MS67. Given their cost, I&#039;ll be happy to pay $10-$25 to have the grading company assume the liability of these coins turning bad.</p><p><br /></p><p>4) Authenticity. I know the coin is genuine and basically unmolested. I have an expert opinion that the coin is real, never mounted or tooled, and in fairly original condition.</p><p><br /></p><p>5) Salability. While I have no plans on selling this coin, when that day comes the fact it is slabbed will make it a lot easier to sell and get me more value. You can&#039;t argue that the cost of the slab ($25) didn&#039;t increase the value of this coin. And I may need to sell it in a rush. Better to slab it now than in the future.[/QUOTE]</p><p><br /></p>

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