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Grading/slabbing: Where is the value point?
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<p>[QUOTE="Troodon, post: 1580098, member: 4626"]One thing you have to remember is that TPGs provide a service, not a product. The value that a slab adds to a coin is theoretically 0. Having said that, the perception is PCGS>NGC>ANACS>>>ICG. I will concede having a coin slabbed can make it easier to sell, possibly even sell for more, but it's almost never going to get you more money for your coin than it cost to have it slabbed, unless your coin is graded at such a high condition that it's rare in that condition.</p><p><br /></p><p>On a more concrete note, ANACS is the cheapest of the "big 3" and that's a fact, rather than an opinion. They also attribute some VAMs and other varieties that PCGS/NGC won't. PCGS may be the most respected, but they're far more expensive because of that and require an expensive membership before you can submit coin #1 to them, which then also charge you for (alternatively you can find a PCGS member to submit it for you to avoid the membership fee, but a portion of that fee is going to get passed onto you one way or another). NGC is cheaper than PCGS but more expensive than ANACS, and requires an ANA membership to submit coins (not worth it unless you're already a member anyway). ICG should be counted lucky they ever get mentioned in a conversation like this... er, can't recommend them in any case.</p><p><br /></p><p>In summary, where's the value point? Er, unless your coin is rare in the condition that it grades in (or if it's a commonly faked coin that people will not likely buy without assurance it's authentic, such as a trade dollar), getting it slabbed will be a net loss to you. If it's not a high value coin either don't get it slabbed at all or get it slabbed by the cheapest reasonably respected TPG. If paying x dollars to get your coin slabbed will not raise the sales price of your coin by x dollars or more, and it almost never will, then it's not worth it.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1580098, member: 4626"]One thing you have to remember is that TPGs provide a service, not a product. The value that a slab adds to a coin is theoretically 0. Having said that, the perception is PCGS>NGC>ANACS>>>ICG. I will concede having a coin slabbed can make it easier to sell, possibly even sell for more, but it's almost never going to get you more money for your coin than it cost to have it slabbed, unless your coin is graded at such a high condition that it's rare in that condition. On a more concrete note, ANACS is the cheapest of the "big 3" and that's a fact, rather than an opinion. They also attribute some VAMs and other varieties that PCGS/NGC won't. PCGS may be the most respected, but they're far more expensive because of that and require an expensive membership before you can submit coin #1 to them, which then also charge you for (alternatively you can find a PCGS member to submit it for you to avoid the membership fee, but a portion of that fee is going to get passed onto you one way or another). NGC is cheaper than PCGS but more expensive than ANACS, and requires an ANA membership to submit coins (not worth it unless you're already a member anyway). ICG should be counted lucky they ever get mentioned in a conversation like this... er, can't recommend them in any case. In summary, where's the value point? Er, unless your coin is rare in the condition that it grades in (or if it's a commonly faked coin that people will not likely buy without assurance it's authentic, such as a trade dollar), getting it slabbed will be a net loss to you. If it's not a high value coin either don't get it slabbed at all or get it slabbed by the cheapest reasonably respected TPG. If paying x dollars to get your coin slabbed will not raise the sales price of your coin by x dollars or more, and it almost never will, then it's not worth it.[/QUOTE]
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