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Never again buying raw ancients from online auctions.
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<p>[QUOTE="TIF, post: 3528973, member: 56859"]I don't understand what you mean by this. The value, as in it is worth more slabbed? That just isn't true in most cases. It may be true for coins which are labeled "AU" or "MS", for a couple of reasons. "Finest known" and "among the finest known" coins will always draw a significant premium, but that's usually not what's at play here. It's about modern collectors who are conditioned to seek the highest grades they can afford. I've found some real bargains in NGC slabs when the grade was less than AU. Also, AU or MS when the coin isn't also of fine style can be very misleading to someone who thinks it will sell high because of grade.</p><p><br /></p><p>Oh, while I was typing you answered the question. You want slabs for a harmonious display. Okay. I can understand that. But... you can purchase the same size slabs which are openable-- DIY slabs. You can then have the coin in-hand when needed, for photography and general admiration.</p><p><br /></p><p>The question of whether these coins are tooled may not be as straight forward as you might think. Nonetheless, I'd contact the auction houses and request a refund if you feel that bad about the whole situation. They may agree to a refund. Of course they won't refund the cost of submission to NGC...[/QUOTE]</p><p><br /></p>
[QUOTE="TIF, post: 3528973, member: 56859"]I don't understand what you mean by this. The value, as in it is worth more slabbed? That just isn't true in most cases. It may be true for coins which are labeled "AU" or "MS", for a couple of reasons. "Finest known" and "among the finest known" coins will always draw a significant premium, but that's usually not what's at play here. It's about modern collectors who are conditioned to seek the highest grades they can afford. I've found some real bargains in NGC slabs when the grade was less than AU. Also, AU or MS when the coin isn't also of fine style can be very misleading to someone who thinks it will sell high because of grade. Oh, while I was typing you answered the question. You want slabs for a harmonious display. Okay. I can understand that. But... you can purchase the same size slabs which are openable-- DIY slabs. You can then have the coin in-hand when needed, for photography and general admiration. The question of whether these coins are tooled may not be as straight forward as you might think. Nonetheless, I'd contact the auction houses and request a refund if you feel that bad about the whole situation. They may agree to a refund. Of course they won't refund the cost of submission to NGC...[/QUOTE]
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Never again buying raw ancients from online auctions.
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