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<p>[QUOTE=&quot;dimeguy, post: 972077, member: 19855&quot;]I will admit that I am more of the passive member of the forum...reading a lot more than posting. However, since the original poster asked I am inclined to respond and perhaps leave my neck out on the chopping block. For the majority of the collecting needs I have, slabbing is a waste. Medoraman probably put the issue in more fluid terms than I can express here, but I find slab submissions a waste of money for typical overminted coins, lower grades, and for coins people should be educated enough to judge as counterfit or ungradeable themselves. As for collecting slabs, I find that the plastic puts a premium on a coin and I refuse to buy into it. I also realize that the coins in slabs are somewhat subjectively graded by humans-error is certainly to be involved somewhere and I don&#039;t want the slab coin I purchase to be that error; I would rather rely on my own grading scales and have my collection consistently off by a couple points. My last beef with slabs: I find it makes incompetent individuals in our hobby. Leading collectors on this site give the advice, &quot;Buy the coin not the slab,&quot; so many times but I still see people at the dealer drooling over the grade sticker instead of the coin. Shame they can&#039;t (or are too lazy) to learn to grade for themselves. </p><p>&nbsp;</p><p>There is some good in grading companies. If I am looking at this correctly, they set a standard for coin grading...or at least should in some respect. When one buys a MS62 the individual knows what to expect in the hallmarks of grading (ie. luster, strike, details of a series). They also authenticate the difficult...keys, errors, varieties, toning. As I can&#039;t afford most keys and I am not a fan of toning I stay away, but I do understand that some collectors need that verification and grading companies putting a coin and designation on a slab can provide this security. </p><p>&nbsp;</p><p>So, overall, no. I do not like slabs and will not collect them. They have a purpose, but I see more harm than good come from them. I realize others love them, and my hat is off to them. To each there own.[/QUOTE]</p><p><br /></p>

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