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<p>[QUOTE="walterallen, post: 311582, member: 4068"]Welcome to the mad world of Numismatics.</p><p><br /></p><p>If you are interested in buying graded, (slabbed), coins then the advise from CT members on who is more trust worthy should be evident. If you are planning to have some of your coins slabbed, you'll do better to wait for a while, a year or two, maybe more, before you decide to spend your hard earned money on this process.</p><p><br /></p><p>KEEP THIS IS MIND THOUGH... Slabbed coins come with a premium price because it cost someone to get it slabbed. Example - Lets say you have a Mint State (MS) mercury dime that you paid $10.00 - $15.00 for. At this point in the coin game you don't know what MS grade it is but you find out that if its a 67 or higher it should be worth hundreds of dollars. So you want it slabbed and get the grade definded. You send it off to one of these companies along with $25.00 and eventually it comes back slabbed with a grade of MS64. You look this up and find that this coin is worth less then $10.00-$15.00 that you paid and your out grading/slabbing fees. Later, years maybe, you learn about Merc. dimes and find that if you only knew then what you know today you would have never spent or thrown away your money like that. </p><p><br /></p><p>It takes years to learn how to grade coins. Each denomination and type has its own specific criteria for grading. My advise is to start now and learn about the coins you want to collect. The ones you intend to spend major money on in the long run. Perserve the raw coins you buy...learn about that. Then one day, I garuantee, you will start to see what you have for what it really is. Let the other inexperienced collectors fund the grading service market. The coins are what they are and will always be that way if perserved.</p><p><br /></p><p>Good luck and have fun collecting!!![/QUOTE]</p><p><br /></p>
[QUOTE="walterallen, post: 311582, member: 4068"]Welcome to the mad world of Numismatics. If you are interested in buying graded, (slabbed), coins then the advise from CT members on who is more trust worthy should be evident. If you are planning to have some of your coins slabbed, you'll do better to wait for a while, a year or two, maybe more, before you decide to spend your hard earned money on this process. KEEP THIS IS MIND THOUGH... Slabbed coins come with a premium price because it cost someone to get it slabbed. Example - Lets say you have a Mint State (MS) mercury dime that you paid $10.00 - $15.00 for. At this point in the coin game you don't know what MS grade it is but you find out that if its a 67 or higher it should be worth hundreds of dollars. So you want it slabbed and get the grade definded. You send it off to one of these companies along with $25.00 and eventually it comes back slabbed with a grade of MS64. You look this up and find that this coin is worth less then $10.00-$15.00 that you paid and your out grading/slabbing fees. Later, years maybe, you learn about Merc. dimes and find that if you only knew then what you know today you would have never spent or thrown away your money like that. It takes years to learn how to grade coins. Each denomination and type has its own specific criteria for grading. My advise is to start now and learn about the coins you want to collect. The ones you intend to spend major money on in the long run. Perserve the raw coins you buy...learn about that. Then one day, I garuantee, you will start to see what you have for what it really is. Let the other inexperienced collectors fund the grading service market. The coins are what they are and will always be that way if perserved. Good luck and have fun collecting!!![/QUOTE]
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