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Is the slabbing of coins a fools paradise?
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<p>[QUOTE="kanga, post: 3976251, member: 9270"]Slabbing coins is a GREAT help to me.</p><p>People who specialize in one or two designs such as Morgan Dollars and LWC's have spent the time (or at least should have) learning the design aspects of those issues.</p><p>They can collect without depending much on the TPG's.</p><p>On the other hand my main collection is a type set, 1793-1964.</p><p>That's 119 different designs of which I have 117.</p><p>I cannot know the details of all of them, so I have to depend on the major TPG's (NGC and PCGS) to certify them for me.</p><p><br /></p><p>They tell me if the coins are legitimate.</p><p>They tell me if the coins have original surfaces (not cleaned, not altered, etc.).</p><p>They verify varieties if I request that.</p><p>They assign a grade.</p><p>Plus I get very good holders for storage protection (slabs).</p><p><br /></p><p>I gladly pay for that.[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 3976251, member: 9270"]Slabbing coins is a GREAT help to me. People who specialize in one or two designs such as Morgan Dollars and LWC's have spent the time (or at least should have) learning the design aspects of those issues. They can collect without depending much on the TPG's. On the other hand my main collection is a type set, 1793-1964. That's 119 different designs of which I have 117. I cannot know the details of all of them, so I have to depend on the major TPG's (NGC and PCGS) to certify them for me. They tell me if the coins are legitimate. They tell me if the coins have original surfaces (not cleaned, not altered, etc.). They verify varieties if I request that. They assign a grade. Plus I get very good holders for storage protection (slabs). I gladly pay for that.[/QUOTE]
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