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<p>[QUOTE="clembo, post: 267109, member: 8033"]With any luck the market WILL crash in the case of the self slabbers and those that are not even remotely qualifited to slab in the first place. We can only HOPE this will happen.</p><p><br /></p><p>CoinGal07 spoke of disposable income being a factor. I don't really see it as the rich just keep getting richer and need to feed their egos and wallets. Of course this is for the Extreme rarities. In Morgans, for example, I can see a stagnation - maybe even a drop but not a crash.</p><p><br /></p><p>Slabs have a purpose. For me it's authentication and better return on my dollar when I decide to sell my "good" stuff. This will take place years from now so at present I own VERY few slabs. I took the time to pick up an ANA guide and learn how to grade. Guess that makes me a certified slabber.</p><p>As for the people with big disposable income that buy slabs as an investment. I'd love to see them get their asses burned and burned bad.</p><p>They have basically no interest in the hobby, no knowledge and no character. It's all about greed. They have contributed to the rise in prices and will, at some point, contribure to the fall in the "non super rare category". I do believe it will bounce back as long as us "real collectors" are around.</p><p><br /></p><p>When it comes time for me to slab it will be PCGS, NGC or ANACS. I think those companies will retain their reputation. What I intend to slab are truly scarcer coins. Key and semi keys from many odd demonination coins and series that are overlooked for the most part.</p><p><br /></p><p>I'm not out buying raw Morgans and Walkers to slab. Nothing against these but I think they have been slabbed to death. Give me some low mintage stuff. </p><p><br /></p><p>The "big series" coins are where the hairs are really split. You just don't see that too much in the lower mintage coins of other series.</p><p><br /></p><p>As for the MS70 and PR70 coins I believe a lot of these will tank. Some actually deserve recognition but think about it. Other thatn modern stuff do you see these grades even in Lincoln Cents, Morgans, Walkers etc.? No because the technology in the mint was not there in large part.</p><p>How rare is an MS69 PCGS Silver Eagle these days? I pass them up all of the time because they are NOT THAT rare.</p><p><br /></p><p>Truly scarce coins slabbed by reputable compananies will probably retain value. "Garbage slabber" coins and coins in high grades with high mintages will probably take the hardest hit.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 267109, member: 8033"]With any luck the market WILL crash in the case of the self slabbers and those that are not even remotely qualifited to slab in the first place. We can only HOPE this will happen. CoinGal07 spoke of disposable income being a factor. I don't really see it as the rich just keep getting richer and need to feed their egos and wallets. Of course this is for the Extreme rarities. In Morgans, for example, I can see a stagnation - maybe even a drop but not a crash. Slabs have a purpose. For me it's authentication and better return on my dollar when I decide to sell my "good" stuff. This will take place years from now so at present I own VERY few slabs. I took the time to pick up an ANA guide and learn how to grade. Guess that makes me a certified slabber. As for the people with big disposable income that buy slabs as an investment. I'd love to see them get their asses burned and burned bad. They have basically no interest in the hobby, no knowledge and no character. It's all about greed. They have contributed to the rise in prices and will, at some point, contribure to the fall in the "non super rare category". I do believe it will bounce back as long as us "real collectors" are around. When it comes time for me to slab it will be PCGS, NGC or ANACS. I think those companies will retain their reputation. What I intend to slab are truly scarcer coins. Key and semi keys from many odd demonination coins and series that are overlooked for the most part. I'm not out buying raw Morgans and Walkers to slab. Nothing against these but I think they have been slabbed to death. Give me some low mintage stuff. The "big series" coins are where the hairs are really split. You just don't see that too much in the lower mintage coins of other series. As for the MS70 and PR70 coins I believe a lot of these will tank. Some actually deserve recognition but think about it. Other thatn modern stuff do you see these grades even in Lincoln Cents, Morgans, Walkers etc.? No because the technology in the mint was not there in large part. How rare is an MS69 PCGS Silver Eagle these days? I pass them up all of the time because they are NOT THAT rare. Truly scarce coins slabbed by reputable compananies will probably retain value. "Garbage slabber" coins and coins in high grades with high mintages will probably take the hardest hit.[/QUOTE]
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Graded coins - when will the market crash?
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