Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Labels and Premiums
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 5201592, member: 26302"]I like slabs for what they were supposed to be originally, a way of being able to handle a coin easily without fingerprints, a professional attesting to its genuineness, and their estimate of the grade. All three of these things added value to coin collecting. I do remember the "bad old days" of US coin collecting with dealers simply lying to customers about a coin's grade or problems, (though collectors should not spend serious money without educating themselves). I did not dislike slabs when they were introduced. </p><p><br /></p><p>However, when the TPGs started claiming their OWN grades, (PCGS MS63 is what we determine it to be), a major element was lost. The graders were no longer liable for bad grades, they simply changed it so that by definition whatever grade they assign is "correct". Then, because these grades were on the slabs, tiny differences of what one company's opinion on a certain day of the grade became OVERLY important. Collectors started treating coins not as coins, but as numbers. </p><p><br /></p><p>That is when I lost interest in my US coins. I am too much of a hoarder to sell them, so still enjoy them some, but I moved on to ancients where we still talk about the coin IS, not arguing whether its a 55 or a 58, or a 64+ versus a 65. I have come back some, getting into colonial paper lately, but not interested in the game of US coins anymore. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 5201592, member: 26302"]I like slabs for what they were supposed to be originally, a way of being able to handle a coin easily without fingerprints, a professional attesting to its genuineness, and their estimate of the grade. All three of these things added value to coin collecting. I do remember the "bad old days" of US coin collecting with dealers simply lying to customers about a coin's grade or problems, (though collectors should not spend serious money without educating themselves). I did not dislike slabs when they were introduced. However, when the TPGs started claiming their OWN grades, (PCGS MS63 is what we determine it to be), a major element was lost. The graders were no longer liable for bad grades, they simply changed it so that by definition whatever grade they assign is "correct". Then, because these grades were on the slabs, tiny differences of what one company's opinion on a certain day of the grade became OVERLY important. Collectors started treating coins not as coins, but as numbers. That is when I lost interest in my US coins. I am too much of a hoarder to sell them, so still enjoy them some, but I moved on to ancients where we still talk about the coin IS, not arguing whether its a 55 or a 58, or a 64+ versus a 65. I have come back some, getting into colonial paper lately, but not interested in the game of US coins anymore. :([/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Labels and Premiums
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...