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<p>[QUOTE="GDJMSP, post: 43565, member: 112"]The one huge advantage that slabbed coins offer is a certain level of trust when buying coins on-line. And for many collectors, buying on-line is their primary option. Not everybody lives where they have coin shops and shows. And even if they do - they don't always have the coins they want. I personally would NEVER consider buying many of the coins I collect from on-line sellers if they were not slabbed. And they are just too hard to find to be able to wait and buy them all sight seen.</p><p><br /></p><p>As for the guarantees, I have never made use of them personally but I know of many who have. They do stand behind them. In a nutshell the way it works is this - if you have a coin you think they overgraded you can re-submit it for grading review. If they agree it was overgraded - they will refund the difference in the wholesale price for the two grades. The key is THEY have to agree it was overgraded. Your opinion or that of someone else simply doesn't matter.</p><p><br /></p><p>What the grading companies are good at is grading US coins. When it comes to tokens or world coinage they do not have the experience required to be very good at it - simple fact. With some series they have people in house who are experienced enough, but what they do in most cases is send the coins off to someone who is experienced in the field and have them authenticate the coins. Then they slab them and return to the owner.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 43565, member: 112"]The one huge advantage that slabbed coins offer is a certain level of trust when buying coins on-line. And for many collectors, buying on-line is their primary option. Not everybody lives where they have coin shops and shows. And even if they do - they don't always have the coins they want. I personally would NEVER consider buying many of the coins I collect from on-line sellers if they were not slabbed. And they are just too hard to find to be able to wait and buy them all sight seen. As for the guarantees, I have never made use of them personally but I know of many who have. They do stand behind them. In a nutshell the way it works is this - if you have a coin you think they overgraded you can re-submit it for grading review. If they agree it was overgraded - they will refund the difference in the wholesale price for the two grades. The key is THEY have to agree it was overgraded. Your opinion or that of someone else simply doesn't matter. What the grading companies are good at is grading US coins. When it comes to tokens or world coinage they do not have the experience required to be very good at it - simple fact. With some series they have people in house who are experienced enough, but what they do in most cases is send the coins off to someone who is experienced in the field and have them authenticate the coins. Then they slab them and return to the owner.[/QUOTE]
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