Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Opinions on the grade of this Seated Quarter
>
Reply to Thread
Message:
<p>[QUOTE="CamaroDMD, post: 1884625, member: 5233"]I have seen them too. PCGS and NGC grade coins based on being market acceptable. Meaning, if the majority of the serious collectors will consider them acceptable, they will grade them. I'm not a huge fan of it...but that's the way it is.</p><p><br /></p><p>I too have seen many questionable coins in holders. I agree that one should inspect ANY coin they buy (raw or slabbed) carefully. Decide if it's graded accurately, priced correctly, problem free, and to ensure you want that piece in your collection. If any of those are a "no" then pass on it. </p><p><br /></p><p>Part of the problem I have with the "buy the coin not the slab" talk around here is many people lack the ability to access the coin themselves. On top of that, it makes it sound like the slab has no value. I have seen people say "the slab has no value" and that is simply not true. My view is this. When someone submits a coin to a TPG (I'm only speaking of PCGS and NGC) they are paying for an expert in the field to evaluate the coin and give their expert opinion. By slabbing the coin, this coin is now "branded" with that expert evaluation. That evaluation and the insurance/safety that comes with it has value. Is the coin worth more once slabbed than it was when raw? No, but the <u>package of coin and slab</u> is worth more than the coin a lone. The coin also becomes more liquid once slabbed.</p><p><br /></p><p>So, I completely and 100% agree that we should fully inspect the coin prior to purchasing it...but I think the "anti-slab" sentiment is not the best thing.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1884625, member: 5233"]I have seen them too. PCGS and NGC grade coins based on being market acceptable. Meaning, if the majority of the serious collectors will consider them acceptable, they will grade them. I'm not a huge fan of it...but that's the way it is. I too have seen many questionable coins in holders. I agree that one should inspect ANY coin they buy (raw or slabbed) carefully. Decide if it's graded accurately, priced correctly, problem free, and to ensure you want that piece in your collection. If any of those are a "no" then pass on it. Part of the problem I have with the "buy the coin not the slab" talk around here is many people lack the ability to access the coin themselves. On top of that, it makes it sound like the slab has no value. I have seen people say "the slab has no value" and that is simply not true. My view is this. When someone submits a coin to a TPG (I'm only speaking of PCGS and NGC) they are paying for an expert in the field to evaluate the coin and give their expert opinion. By slabbing the coin, this coin is now "branded" with that expert evaluation. That evaluation and the insurance/safety that comes with it has value. Is the coin worth more once slabbed than it was when raw? No, but the [U]package of coin and slab[/U] is worth more than the coin a lone. The coin also becomes more liquid once slabbed. So, I completely and 100% agree that we should fully inspect the coin prior to purchasing it...but I think the "anti-slab" sentiment is not the best thing.[/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
>
Opinions on the grade of this Seated Quarter
>
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...