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<p>[QUOTE=&quot;Zohar444, post: 2013564, member: 13450&quot;]Well its actually a flat fee of $35 or so and then shipping, so it makes sense to send in bulk. It therefore makes less sense for coins of lower grade/value. I scanned the universe of raw coins prior and did not see any at this quality for $40, and if so, I think its a good business practice to purchase these in bulk, grade them and sell them as slabbed mint state coins for $100-200 or more. Quality matters for certain collectors who pay a premium beyond the history.</p><p><br /></p><p>I think above all we are dealing with a philosophical approach to collecting ancients - is grading acceptable vs. raw access to the coins. I also think that for some, the history matters more than the quality of the coin - i.e. own more coins rather than fewer choice coins which then reduces the risk/reward per coin and benefit of paying for a slab. For a $40 coin it does not make sense to slab. Would you buy an expensive diamond without a certificate? Well, if you buy it from a reputable jeweler, perhaps, yet you will pay a premium. If you buy it from a cheaper diamond source, you would want 3rd party validation as good as your judgement of quality is if the intent is to resell at some point. Many people with expertise in the diamond business buy non certified while having a good sense of the 3rd party quality scale rankings to be able to substantiate value to a broader audience. It increases the buyer base.</p><p><br /></p><p>Any approach is obviously acceptable yet I argue that if you spend hundred/thousands of dollars per coin at least get a 3rd party validation (the offer photo certification, no holder) not to be taken upon a sale or substantiate the value for resale in case you need to. That is my primary consideration as most dealers I have dealt with play down the raw grade which means a significant drop in value.[/QUOTE]</p><p><br /></p>

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