Message:

<p>[QUOTE=&quot;IdesOfMarch01, post: 3186862, member: 39084&quot;]For archival storage I also store my coins in slabs, but they&#039;re re-openable slabs, along with a desiccant.&nbsp; But overall, for ancient coins, there is very little risk of increased damage from any kind of human handling; bronze disease is pretty much the only risk and this is not exacerbated by physical contact.</p><p><br /></p><p><br /></p><p>I didn&#039;t realize that NGC included opinions on these items (over-cleaning, tooling, etc.) when they slabbed coins.&nbsp; To some extent, having a second opinion is valuable, depending on the auctioneer or dealer from which you acquired the coin.&nbsp; Sort of like a second medical opinion.&nbsp; Since I purchase exclusively through my dealer who has over 40 years of experience in the ancient coin market, I&#039;ve already received this level of verification from his pre-purchase inspection of the coin.</p><p><br /></p><p><br /></p><p><br /></p><p>When I display my coins, I have a separate flip with more detailed information on the paper insert with the flip, as illustrated here: <a href="https://www.cointalk.com/threads/ancients-organization-and-attribution-at-work.250251/#post-1968599" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/ancients-organization-and-attribution-at-work.250251/#post-1968599">https://www.cointalk.com/threads/ancients-organization-and-attribution-at-work.250251/#post-1968599</a></p><p>I can&#039;t fit as much information on the small labels that are included with my re-openable slabs.</p><p><br /></p><p><br /></p><p>I wonder about the overall accuracy of this observation.&nbsp; I understand the logic that, in an individual-to-individual sale of ancient coins, where the buyer is not an experienced collector, an NGC slab will make the transaction easier and possibly increase the price.&nbsp; But in an auction, my direct, personal experience is that slabs can significantly lower the price at which a high-quality coin sells.&nbsp; Here&#039;s my thread on that experience:</p><p><a href="https://www.cointalk.com/threads/hadrian-aureus-a-makeover.284246/#post-2526632" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/hadrian-aureus-a-makeover.284246/#post-2526632">https://www.cointalk.com/threads/hadrian-aureus-a-makeover.284246/#post-2526632</a></p><p>Personally -- and I don&#039;t have enough empirical data to prove this other than my own experience above -- I believe slabbing of high-quality, high-priced ancients will actually decrease the auction price.&nbsp; Pictures of slabbed coins are invariably poorer than the same unslabbed coin, and if it weren&#039;t for my dealer actually being at the auction and viewing the above coin in person, I never would have purchased it.&nbsp; I had seen it online and it wasn&#039;t impressive.&nbsp; But my dealer saw it in the slab and knew that it was better than the catalog&#039;s picture, so he called me on the spot and we agreed to pursue it.&nbsp; I wonder if other collectors on this site have the same experience with slabbed coins going unnoticed due to the lower photographic quality of slabbed coins?</p><p><br /></p><p>In any event, I appreciate your detailed answer to my original question!</p><p><br /></p><p>Postscript: I suppose that this post </p><p><br /></p><p><i>Ed Snible said: ↑ I was curious to see the single starred &quot;Choice MS&quot; example in the above population report. It is <a href="https://coins.ha.com/itm/greek/anci...22-gm-5h-ngc-choice-ms-5-5-5-5/a/3066-30035.s" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/itm/greek/anci...22-gm-5h-ngc-choice-ms-5-5-5-5/a/3066-30035.s" rel="nofollow">https://coins.ha.com/itm/greek/anci...22-gm-5h-ngc-choice-ms-5-5-5-5/a/3066-30035.s</a> , and it sold for $36k last month. I reviewed the prices realized for that auction and was utterly flabbergasted. This was a prime example of that reaction. I&#039;m glad you dredged it up. I meant to post this coin and sales price after the auction so we could discuss it. Does anyone here see a reason for the outlandish price it realized? (Cited from: <a href="https://www.cointalk.com/threads/ngc-population-reports-for-graded-coins.323134/#post-3183387" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/ngc-population-reports-for-graded-coins.323134/#post-3183387">https://www.cointalk.com/threads/ngc-population-reports-for-graded-coins.323134/#post-3183387</a>)</i></p><p><br /></p><p>provides a counterexample to my theory that slabbing decreases the value of high-valued coins, although maybe the increased price provided by slabbing applies to inexperienced collectors only.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in