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<p>[QUOTE="calcol, post: 3985656, member: 77639"]For coins that cost hundreds of dollars and up, I consider it foolish not to buy slabbed coins unless you are very certain of your ability to authenticate. Spring slabbed coins from their plastic prisons after purchase if it pleases you. Chances of encountering a fake raw coin are enormously higher than encountering a fake slab. With a little diligence in choosing a seller, the chance of encountering a fake slab is nearly nil. And, the chance of a fake can be reduced to zero if the grading service has online pictures against which the coin itself can be compared. The cost of grading a coin in this price realm is trivial compared to the cost of the coin. So, why not get the opinion of folks who have seen hundreds of genuine coins of the type and some fakes too.</p><p><br /></p><p>For less expensive coins, the cost of grading starts to be a significant portion of the coin cost. The risk of loss due to fakery is still there but the cost of "insurance" may be too high. It's like insuring your bike versus your car.</p><p><br /></p><p>The "intended state" of business-strike circulation coinage is to be in a pocket, purse or cash drawer ... not in a collection whether raw or slabbed. So, we're doing something unnatural by collecting them in the first place ... maybe that's why I love it so! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 3985656, member: 77639"]For coins that cost hundreds of dollars and up, I consider it foolish not to buy slabbed coins unless you are very certain of your ability to authenticate. Spring slabbed coins from their plastic prisons after purchase if it pleases you. Chances of encountering a fake raw coin are enormously higher than encountering a fake slab. With a little diligence in choosing a seller, the chance of encountering a fake slab is nearly nil. And, the chance of a fake can be reduced to zero if the grading service has online pictures against which the coin itself can be compared. The cost of grading a coin in this price realm is trivial compared to the cost of the coin. So, why not get the opinion of folks who have seen hundreds of genuine coins of the type and some fakes too. For less expensive coins, the cost of grading starts to be a significant portion of the coin cost. The risk of loss due to fakery is still there but the cost of "insurance" may be too high. It's like insuring your bike versus your car. The "intended state" of business-strike circulation coinage is to be in a pocket, purse or cash drawer ... not in a collection whether raw or slabbed. So, we're doing something unnatural by collecting them in the first place ... maybe that's why I love it so! :) Cal[/QUOTE]
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