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<p>[QUOTE="Jaelus, post: 2407333, member: 46237"]In person, sure, as long as you also don't care about alienating buyers who are only comfortable buying slabbed.</p><p><br /></p><p>There are plenty of collectors out there with money to spend who have not yet obtained the knowledge to feel comfortable buying a particular series raw. Even knowledgeable buyers may rightly look for coins that are already slabbed, say for a series that is frequently faked, or where a coin may otherwise be questionable.</p><p><br /></p><p>While anyone has the right to buy coins to crack them out, it's not a defensible position from a financial perspective as it weakens the liquidity (and often the realized value) of the coins. You can't hold on to the coins forever. Eventually, you or someone you know will have to sell your coins.</p><p><br /></p><p>This is 2016. So much of coin trading volume occurs online. When you can't inspect a coin in hand before you buy it, you had better provide incredible pictures or a certification or else be prepared to deal with low bids and returns.</p><p><br /></p><p>Out of the coins I buy, something close to 90% are from online transactions from eBay or various auction houses, and the rest at shows. Of those, 75% are raw. Now many of those are raw and aren't worth slabbing, but often I'll pick up a coin on the cheap and it will be a 66+ worth many times what I paid and I just stare at it and shake my head. Even when the seller lists the coin as a choice gem, who believes them? If the coin is worth more slabbed than the value of the raw coin + the grading fees, send it in.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 2407333, member: 46237"]In person, sure, as long as you also don't care about alienating buyers who are only comfortable buying slabbed. There are plenty of collectors out there with money to spend who have not yet obtained the knowledge to feel comfortable buying a particular series raw. Even knowledgeable buyers may rightly look for coins that are already slabbed, say for a series that is frequently faked, or where a coin may otherwise be questionable. While anyone has the right to buy coins to crack them out, it's not a defensible position from a financial perspective as it weakens the liquidity (and often the realized value) of the coins. You can't hold on to the coins forever. Eventually, you or someone you know will have to sell your coins. This is 2016. So much of coin trading volume occurs online. When you can't inspect a coin in hand before you buy it, you had better provide incredible pictures or a certification or else be prepared to deal with low bids and returns. Out of the coins I buy, something close to 90% are from online transactions from eBay or various auction houses, and the rest at shows. Of those, 75% are raw. Now many of those are raw and aren't worth slabbing, but often I'll pick up a coin on the cheap and it will be a 66+ worth many times what I paid and I just stare at it and shake my head. Even when the seller lists the coin as a choice gem, who believes them? If the coin is worth more slabbed than the value of the raw coin + the grading fees, send it in.[/QUOTE]
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