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<p>[QUOTE="dougsmit, post: 2825769, member: 19463"]I agree with Deacon Ray in that slabs are not a big threat to the coins I collect. The added cost may be comforting who want to buy coins from sellers who know nothing but open the hobby to a new group of people who don't want to know more than fits on the label. If these people help keep the hobby legal, great. I rarely see a coin I want in a slab. People who send large quantities in for slabbing have so far avoided coins I find in 'can't live without' status. If they do, I have a vice that works like a hammer with greater finesse. </p><p><br /></p><p>Like what? My NNC coin is an example of why we need slabs but not jokers whose claim to 'expertization' is owning a coffin sealing machine. All who read this and looked at my NNC coin that saw the MS-65 and that's all are exactly why we need NGC (currently the only slabs I would respect to any degree). If I were to send off a coin of mine with a check for $50 I believe I would be entitled to a second or two of the time of someone who knows more than I do about the coins. Guarantee or not, I'd like to think they would evaluate the coin for authenticity and mark the label with a correct ID.</p><p> <img src="https://www.cointalk.com/attachments/rx6253sl2944-jpg.664704/" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p>The seller from whom I bought my slab had three 'like that' but was not selling them as what they were. I doubt he even looked at the coin since all that matters is that label that says MS-65. I was outbid on the other two by people that thought they were nicer than I did or thought that evidence that the slabbers make errors is a collectible specialty in itself.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2825769, member: 19463"]I agree with Deacon Ray in that slabs are not a big threat to the coins I collect. The added cost may be comforting who want to buy coins from sellers who know nothing but open the hobby to a new group of people who don't want to know more than fits on the label. If these people help keep the hobby legal, great. I rarely see a coin I want in a slab. People who send large quantities in for slabbing have so far avoided coins I find in 'can't live without' status. If they do, I have a vice that works like a hammer with greater finesse. Like what? My NNC coin is an example of why we need slabs but not jokers whose claim to 'expertization' is owning a coffin sealing machine. All who read this and looked at my NNC coin that saw the MS-65 and that's all are exactly why we need NGC (currently the only slabs I would respect to any degree). If I were to send off a coin of mine with a check for $50 I believe I would be entitled to a second or two of the time of someone who knows more than I do about the coins. Guarantee or not, I'd like to think they would evaluate the coin for authenticity and mark the label with a correct ID. [IMG]https://www.cointalk.com/attachments/rx6253sl2944-jpg.664704/[/IMG] The seller from whom I bought my slab had three 'like that' but was not selling them as what they were. I doubt he even looked at the coin since all that matters is that label that says MS-65. I was outbid on the other two by people that thought they were nicer than I did or thought that evidence that the slabbers make errors is a collectible specialty in itself.[/QUOTE]
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