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<p>[QUOTE="Randy_K, post: 1286766, member: 23248"]I have mixed emotions about slabbing problem coins, however, it does flag those problem coins for the buyer but probably raises the price of them too. PCGS attributes them as "Genuine" and offers a code defining the problem. Going to their Coin Cert verification website will tell you what the issue is which allows you to to make an informed decision as buying or passing on any particular coin.</p><p><br /></p><p>I bought an ungraded set of $5 Indian head gold a few years before the slabbing of problem coins took effect and sent them to PCGS for grading & slabbing. I got one of the 24 back in a body bag. I didn't see the fine cleaning scratches on that coin at the show - the lighting wasn't good enough to see it. There is a risk factor to buying non-TPG coins.</p><p><br /></p><p>Coin stores are a dieing breed. There are none in a ten mile radius of me anymore. Other than coin shows, most of my purchases have been online where slabbing (by top-tier TPGs only) offers a greater degree of confidence and the ability to verify the certification number and the dealer's rating.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy_K, post: 1286766, member: 23248"]I have mixed emotions about slabbing problem coins, however, it does flag those problem coins for the buyer but probably raises the price of them too. PCGS attributes them as "Genuine" and offers a code defining the problem. Going to their Coin Cert verification website will tell you what the issue is which allows you to to make an informed decision as buying or passing on any particular coin. I bought an ungraded set of $5 Indian head gold a few years before the slabbing of problem coins took effect and sent them to PCGS for grading & slabbing. I got one of the 24 back in a body bag. I didn't see the fine cleaning scratches on that coin at the show - the lighting wasn't good enough to see it. There is a risk factor to buying non-TPG coins. Coin stores are a dieing breed. There are none in a ten mile radius of me anymore. Other than coin shows, most of my purchases have been online where slabbing (by top-tier TPGs only) offers a greater degree of confidence and the ability to verify the certification number and the dealer's rating.[/QUOTE]
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