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<p>[QUOTE="baseball21, post: 3314404, member: 76863"]While the coin does drive the slab, the slab does matter. The market has been moving away from off brand slabs for a while and really even away from PCGS/NGC ones in a lot of areas. If you're buying a common date/grade Morgan it really doesn't make a difference, but in a lot of areas it makes a huge difference. </p><p><br /></p><p>The theory of I will buy it at x discount and sell it again x discount sounds good, but there are a lot of things to consider with that. The major one is the direction of the market, x maybe 30% today but if the market keeps going in the direction it has been (nothing really shows that it won't) by the time you go to sell x could easily be 50%. </p><p><br /></p><p>The next would be liquidity and where exactly are you going to sell it. Many dealers don't want to touch anything but PCGS/NGC slabs unless you make them take the others in a substantial consignment. The same is true for auction houses and for the ones that will take other slabs you will lose all leverage in negotiations. A PCGS/NGC $500 coin will sell a lot quicker than other slabs.</p><p><br /></p><p>This basically leaves you with eBay or collector to collector. Most collector to collector in person options are very limited. That will leave most people trying to sell them online where they will be penalized the most and very likely could take a while to sell. </p><p><br /></p><p>Of course if the coin is all there you can cross it over but that has a cost and depending on the price of the coin could end up being a significant percentage of the coins value.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 3314404, member: 76863"]While the coin does drive the slab, the slab does matter. The market has been moving away from off brand slabs for a while and really even away from PCGS/NGC ones in a lot of areas. If you're buying a common date/grade Morgan it really doesn't make a difference, but in a lot of areas it makes a huge difference. The theory of I will buy it at x discount and sell it again x discount sounds good, but there are a lot of things to consider with that. The major one is the direction of the market, x maybe 30% today but if the market keeps going in the direction it has been (nothing really shows that it won't) by the time you go to sell x could easily be 50%. The next would be liquidity and where exactly are you going to sell it. Many dealers don't want to touch anything but PCGS/NGC slabs unless you make them take the others in a substantial consignment. The same is true for auction houses and for the ones that will take other slabs you will lose all leverage in negotiations. A PCGS/NGC $500 coin will sell a lot quicker than other slabs. This basically leaves you with eBay or collector to collector. Most collector to collector in person options are very limited. That will leave most people trying to sell them online where they will be penalized the most and very likely could take a while to sell. Of course if the coin is all there you can cross it over but that has a cost and depending on the price of the coin could end up being a significant percentage of the coins value.[/QUOTE]
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