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<p>[QUOTE=&quot;cwtokenman, post: 144494, member: 2100&quot;]I suppose it is possible to apply my comment to (at least some) regular coinage, but I was referencing exonumia slabs in particular. Exonumia is still a relic of the past (which I find most refreshing) as grade does not carry tremendous weight most of the time. I believe that is due to the relative scarcity of so many tokens. If you want one for your collection, and one becomes available, and you reject it because of a cleaning, a scratch, a hole, high price tag, or whatever, you may never have another chance to acquire that token. That is why those problems frequently play a minor role in much of exonumia. Aside from the slabbers, pretty much members of the exonumia sector do not use the Sheldon scale. Some areas do not use any grading specification at all when listing values, you want one - here is the price.</p><p><br /></p><p>A much different scenario than with regular coinage. Even regular coinage rarities and keys are generally available if one is willing to part with the necessary funds. Don&#039;t like a particular 1909-S VDB cent? there are a multitude of others available, just take a look on ebay. In contrast, I have a list of about 40 tokens that are very high on my want list and I would bid &quot;stupid&quot; money for those if they ever show up on ebay, but after nearly 6 years of watching, they have yet to make an appearance. Demand is such that grade has a minor effect upin valuation, which can be a very nice thing. For one, exonumia dealers seem to be a more honest lot than those who sell regular coinage. Be it inherent honesty, or just that the pricing curve shows little incentive for overgrading, I can not be certain.</p><p><br /></p><p>It boils down to I feel that exonumia slabs are strictly selling tools, as I can not percieve any actual benefit other than physical protection, but there are better/less expensive methods than slabbing. Grade levels amongst references and hobbyists are typically Fine/Very Fine, Xtra Fine, and Uncirculated. Even a beginner should be able to comprehend how this system works in short order, and without the assistance of a label in plastic.[/QUOTE]</p><p><br /></p>

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