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Question re: SLAB LABELS given NGC-graded ASE's??
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<p>[QUOTE="COIN STASHER, post: 242571, member: 773"]Well, what I'm getting from most of you is that irregardless of the price differences for various label designations assigned to graded, certified American Gold and Silver Eagles (and perhaps et al) by TPGs such as NGC and PCGS as well as a few others like ICG and ANACS, IT IS BEST TO BUY THE HIGHEST GRADED COIN AT ITS LOWEST PRICE (eg. 2006 W NGC or PCGS MS69 "plain labels with coin and grade", w/o further label designations such as "Early Releases", "20'th Anniversary", "Black Label", "Blue Label" or "First Strike" even though such labeling, while priced higher today, seems to have a better chance for appreciation in the future. </p><p> </p><p>It can be quite confusing to some people, even after sellers proclaim that 1) all NGC Black-Labeled slabs certify and depict ONLY coins from the 3-coin Silver Eagle 20'th Anniversary Sets; 2) NGC Blue-Labeled slabs certify and depict a) Coins from the 2-coin Gold and Silver eagle 20'th Anniversary Sets, or b) designate that the coin is an "Early Release" that is to say among the first 50 thousand released, and on and on and on!!! PCGS also labels coins as "First Strikes" with or without "20'th Anniversary designations, and dealers almost always require a significant premium for those coins with "20'th Century" clearly shown next to the coin and grade on the label.</p><p> </p><p>While I am primarily a collector, I certainly hope to see my collection appreciate, and therefore I can sometimes justify purchasing a "hot" label designation on a slabbed coin graded MS or PR 69 or 70 for a few dollars more than the same graded slab by the same company at a cheaper price. On ebay, I seldom will pay more than 20% higher for the designation, but even then I must admit I'm still buying the slab and not just the coin! Do I need a confessional? I think not. Especially since I've turned around and sold those higher priced ones for more than I paid and usually make a greater percent of profit on them than on the same grade lesser price coins I bought and resold! So there you go. Sometimes it IS profitable to buy the slabs. I just can't argue with greater profits and the added versatility of designations in my personal collection! To me, that's no different than people who pay more for different VAMS, large and small dates, types one and two, or the various mistakes on modern dollar coins. To each his own. Good luck to everyone with their hobbies!![/QUOTE]</p><p><br /></p>
[QUOTE="COIN STASHER, post: 242571, member: 773"]Well, what I'm getting from most of you is that irregardless of the price differences for various label designations assigned to graded, certified American Gold and Silver Eagles (and perhaps et al) by TPGs such as NGC and PCGS as well as a few others like ICG and ANACS, IT IS BEST TO BUY THE HIGHEST GRADED COIN AT ITS LOWEST PRICE (eg. 2006 W NGC or PCGS MS69 "plain labels with coin and grade", w/o further label designations such as "Early Releases", "20'th Anniversary", "Black Label", "Blue Label" or "First Strike" even though such labeling, while priced higher today, seems to have a better chance for appreciation in the future. It can be quite confusing to some people, even after sellers proclaim that 1) all NGC Black-Labeled slabs certify and depict ONLY coins from the 3-coin Silver Eagle 20'th Anniversary Sets; 2) NGC Blue-Labeled slabs certify and depict a) Coins from the 2-coin Gold and Silver eagle 20'th Anniversary Sets, or b) designate that the coin is an "Early Release" that is to say among the first 50 thousand released, and on and on and on!!! PCGS also labels coins as "First Strikes" with or without "20'th Anniversary designations, and dealers almost always require a significant premium for those coins with "20'th Century" clearly shown next to the coin and grade on the label. While I am primarily a collector, I certainly hope to see my collection appreciate, and therefore I can sometimes justify purchasing a "hot" label designation on a slabbed coin graded MS or PR 69 or 70 for a few dollars more than the same graded slab by the same company at a cheaper price. On ebay, I seldom will pay more than 20% higher for the designation, but even then I must admit I'm still buying the slab and not just the coin! Do I need a confessional? I think not. Especially since I've turned around and sold those higher priced ones for more than I paid and usually make a greater percent of profit on them than on the same grade lesser price coins I bought and resold! So there you go. Sometimes it IS profitable to buy the slabs. I just can't argue with greater profits and the added versatility of designations in my personal collection! To me, that's no different than people who pay more for different VAMS, large and small dates, types one and two, or the various mistakes on modern dollar coins. To each his own. Good luck to everyone with their hobbies!![/QUOTE]
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Question re: SLAB LABELS given NGC-graded ASE's??
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