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<p>[QUOTE="dougsmit, post: 2253498, member: 19463"]I'm sorry if we scared off people but I have trouble letting pass the attitude that a coin is worth something in a slab and raw coins are dangerous junk. The dangerous practice is buying coins from the wrong sort of sellers. Except for a few fake slabs (they exist) containing fake coins, it would seem that buying a slab is the way to go for safety BUT only if you only buy a brand slab that is accompanied by an opinion worth having. I have seen no value in ancient slabs other than NGC and a couple of them left me wanting. There are, however, other ways of safe collecting. You could buy a coin with a David Sear certificate. You get an opinion worth having and a a photo of the coin but no plastic coffin. You also could buy coins from a trustworthy, full price dealer. I'd rather have a raw coin purchased from Harlan Berk, CNG, Barry Murphy or a host of others (not some auction houses in Europe that have been ruining their once top reputations!!!!). Slabs enable dealers who know nothing to deal in ancients. I prefer to buy a coin from a dealer who knows coins and offers a lifetime guarantee of authenticity so you do not need a slab. I do not know what percentage of NGC coins David Vagi actually touches or who he has hired to do the grunt work of slabbing big lots of discount hoard batches. I do not care because I do not want a holder that is sealed so I will not be asking his opinion no matter how much I respect his credentials. </p><p><br /></p><p>You can buy coins in slabs as you wish. I hope you will post photos here an even teach me how to take good photos of slabbed coins (I have not seen many). I hope you do not plan of trying to sell your coins (to me) expecting compensation for the surcharge you paid for the plastic. I have several hundred dollars worth of coin cases, boxes, envelopes, flips, books and whatever that will not be repaid to me on coins I sell. As long as the slab fad holds you may be able to cover what you paid for the holders. If it passes???</p><p><br /></p><p>Buying a fake hurts. Sometimes it is educational. I went to college and paid a lot of money for the experience. I have made a lot of mistakes over the last 50 years in the hobby. I may have spent as much on my numismatic education (books, travel, mistakes and time) so perhaps the slab cost is justified if you desire to collect but not to learn. </p><p><br /></p><p>Does anyone have any idea how much a high end expert would charge to look at 3000 coins and flag the fakes? At current rates, slabs would cost over $100k. I can afford a few fakes.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2253498, member: 19463"]I'm sorry if we scared off people but I have trouble letting pass the attitude that a coin is worth something in a slab and raw coins are dangerous junk. The dangerous practice is buying coins from the wrong sort of sellers. Except for a few fake slabs (they exist) containing fake coins, it would seem that buying a slab is the way to go for safety BUT only if you only buy a brand slab that is accompanied by an opinion worth having. I have seen no value in ancient slabs other than NGC and a couple of them left me wanting. There are, however, other ways of safe collecting. You could buy a coin with a David Sear certificate. You get an opinion worth having and a a photo of the coin but no plastic coffin. You also could buy coins from a trustworthy, full price dealer. I'd rather have a raw coin purchased from Harlan Berk, CNG, Barry Murphy or a host of others (not some auction houses in Europe that have been ruining their once top reputations!!!!). Slabs enable dealers who know nothing to deal in ancients. I prefer to buy a coin from a dealer who knows coins and offers a lifetime guarantee of authenticity so you do not need a slab. I do not know what percentage of NGC coins David Vagi actually touches or who he has hired to do the grunt work of slabbing big lots of discount hoard batches. I do not care because I do not want a holder that is sealed so I will not be asking his opinion no matter how much I respect his credentials. You can buy coins in slabs as you wish. I hope you will post photos here an even teach me how to take good photos of slabbed coins (I have not seen many). I hope you do not plan of trying to sell your coins (to me) expecting compensation for the surcharge you paid for the plastic. I have several hundred dollars worth of coin cases, boxes, envelopes, flips, books and whatever that will not be repaid to me on coins I sell. As long as the slab fad holds you may be able to cover what you paid for the holders. If it passes??? Buying a fake hurts. Sometimes it is educational. I went to college and paid a lot of money for the experience. I have made a lot of mistakes over the last 50 years in the hobby. I may have spent as much on my numismatic education (books, travel, mistakes and time) so perhaps the slab cost is justified if you desire to collect but not to learn. Does anyone have any idea how much a high end expert would charge to look at 3000 coins and flag the fakes? At current rates, slabs would cost over $100k. I can afford a few fakes.[/QUOTE]
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