Noob Question

Discussion in 'Coin Chat' started by Isaac Sasson, Aug 30, 2013.

  1. Isaac Sasson

    Isaac Sasson New Member

    What does slabbed mean?
     
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  3. Tom B

    Tom B TomB Everywhere Else

    In general, it means a coin sealed in a third-party graded holder.
     
  4. spirityoda

    spirityoda Coin Junky Supporter

    third party graded plastic holder. this 1 is a PCGS slab (a graded coin in plastic)
     

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  5. It means that a coin is in it's final resting place. TC
     
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  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Welcome to the neighborhood, Isaac!

    As previously stated, a "slabbed" coin generally refers to one that has been graded and certified by one of the third party grading (TPG) services. However, it goes a little further than that. There are many, many grading services. Some are reliable, some are so-so, some are substandard but there are many you should avoid like the plague. Since there are so many in the last two categories, it is much easier to remember those that are the best. Numismatic Guarantee Corporation (NGC) and Professional Coin Grading Service (PCGS) are the top two grading services. ANACS, ICG & SEGS rank below them but are not as readily accepted.

    Chris
     
  7. beef1020

    beef1020 Junior Member

    Unless I buy it :)
     
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  8. Isaac Sasson

    Isaac Sasson New Member

    Aha. And once it's slabbed, it can't be taken out of the plastic?
     
  9. rickmp

    rickmp Frequently flatulent.

    If it's yours, it's quite all right to free it from its confinement.
     
  10. spirityoda

    spirityoda Coin Junky Supporter

    not recommended. I would leave them in the plastic. I think the only coins frowned upon being slabbed are ancient coins.
     
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  11. tgaw

    tgaw Member

  12. vdbpenny1995

    vdbpenny1995 Well-Known Member

    Its not permanent. You can SAFLEY and CAREFULLY crack a coin out of a slab for various reasons. Watch youtube videos on people doing it.
     
  13. scottishmoney

    scottishmoney Unwell Unknown Unmembered Supporter


    Yes. I like my coins to be able to "breathe" in a cool dry environment and not be sealed in some stupid polystyrene tomb.
     
  14. Lostwords

    Lostwords Member

    I am adding a few questions
    - Is it difficult and expensive to get a slabbed from (NGC) and Professional Coin Grading Service (PCGS)?
    - What's the general rule of thumb in term of numbers? I usually see it as MS69 or MS70. I think MS70 is perfect and MS70+ is what?? and what if it is below MS69? is there such a thing?
     
  15. mrgooch

    mrgooch Active Member

    O.K. so if it's third party who second and first.
     
  16. rickmp

    rickmp Frequently flatulent.

    Buyer and seller?
     
  17. Conder101

    Conder101 Numismatist

    Not possible.
     
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