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I confess! I'm a slabber.
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<p>[QUOTE="IdesOfMarch01, post: 2523256, member: 39084"]Most collectors on this site would agree strongly with this sentiment. </p><p><br /></p><p>It's completely understandable that you might want to store or exhibit your coins in a slab, to protect them when you pass them around to others interested in the coin. For this purpose you can purchase re-openable slabs, make your own labels, while still being able to remove the coin for close inspection as well as just to hold history in your hands. But purposely sending an unslabbed ancient coin to NGC or any other slabbing service will probably remain unfathomable to most of us on this site.</p><p><br /></p><p>Just a thought: do you think NGC would have detected my Hadrian Hispania aureus forgery and refused to slab it? Very, very unlikely, and so would have continued a fraud in perpetuity.</p><p><br /></p><p><br /></p><p>Well, I don't agree that this is hypocritical. Desirable ancient coins will sometimes end up in slabs, and it won't make me any less likely to purchase one.</p><p><br /></p><p>True story: Two weeks ago my dealer called me while at the Heritage auction. He noticed a slabbed aureus (seems that Heritage is slabbing all their coins) whose condition looked much better than the online picture (in a slab) illustrated. He called me from the auction and we set a bid. I won the coin for about 40% less than my maximum and probably 50% less than that coin would have brought unslabbed with a better picture. While the condition is only about EF, it cost 1/5 - 1/8 of what an EF example of this coin would hammer at another auction, if an EF ever came to the market. So slabs can work against the seller/consignor in some cases. Of course, my dealer will remove it from the slab before sending it on to me.[/QUOTE]</p><p><br /></p>
[QUOTE="IdesOfMarch01, post: 2523256, member: 39084"]Most collectors on this site would agree strongly with this sentiment. It's completely understandable that you might want to store or exhibit your coins in a slab, to protect them when you pass them around to others interested in the coin. For this purpose you can purchase re-openable slabs, make your own labels, while still being able to remove the coin for close inspection as well as just to hold history in your hands. But purposely sending an unslabbed ancient coin to NGC or any other slabbing service will probably remain unfathomable to most of us on this site. Just a thought: do you think NGC would have detected my Hadrian Hispania aureus forgery and refused to slab it? Very, very unlikely, and so would have continued a fraud in perpetuity. Well, I don't agree that this is hypocritical. Desirable ancient coins will sometimes end up in slabs, and it won't make me any less likely to purchase one. True story: Two weeks ago my dealer called me while at the Heritage auction. He noticed a slabbed aureus (seems that Heritage is slabbing all their coins) whose condition looked much better than the online picture (in a slab) illustrated. He called me from the auction and we set a bid. I won the coin for about 40% less than my maximum and probably 50% less than that coin would have brought unslabbed with a better picture. While the condition is only about EF, it cost 1/5 - 1/8 of what an EF example of this coin would hammer at another auction, if an EF ever came to the market. So slabs can work against the seller/consignor in some cases. Of course, my dealer will remove it from the slab before sending it on to me.[/QUOTE]
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