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Retiring from SemiKey/Key Date Coins after next month..
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<p>[QUOTE="Vess1, post: 730513, member: 13650"]I don't recognize the limitations. First and foremost, they guarantee authenticity. That's the #1 issue anymore. Even serious collectors won't be an expert in every series. But if they want to drift in a different direction and purchase something else, you can do so with reasonable confidence buying a slabbed example. </p><p><br /></p><p> I have no faith in any loose Morgans on ebay anymore. None at all. I've never gotten burned but the unmarked replicas are getting good enough to the point where some of them are nearly indistinguishable from real. If all of them were 'obviously' fake, then fine. I'd say no big deal. But that is not the case anymore for a lot of different series'. Not just Morgans. And there are *multitudes of people buying from the Chinese and intentionally* trying to rip people off with those replicas. </p><p><br /></p><p> Also, the TPG's opinion does matter on grade, because they see no monetary gain from the sale. It is a purely, uninterested, 3rd party's opinion from not just one grader, but two graders have to agree! And if they don't, there's a third grader for the tie break.</p><p><br /></p><p> Instead of having greedy dealers grading everything two grades higher than they should be (there's one at every show), fortunately we can fall back on slabs where they get it right the vast majority of the time. The argument is settled before it begins. I'll never understand why anybody could be against that. </p><p><br /></p><p> That's not to say one should assume all MS-64s or 65s or 62s are created equal. 10 different ones within the same grade could be put in order from nicest to worst and justify varying price ranges. Some who don't care about that, will pay the same price across all 10. There is something to knowing a series.</p><p><br /></p><p> Anyway, the slabs also provide excellent protection and storage. Photographing loose coins IS much better and easier. But shooting through the plastic is no big deal. You can still get fine pics. My avatar is in an NGC slab. Most of the time, you can't even tell. If they get scratched up, the slab can be polished.</p><p><br /></p><p> The serial numbers also allow for looking them up on line for verifying authentication. The problem is, not enough people use them and I'd bet over half the people on this board could be fooled by a fake NGC slab. Although if you've seen enough of them, the differences should be very obvious.</p><p><br /></p><p> So there are still pitfalls for newbies buying slabs with wreckless abandon. It still can be risky but is the safest bet. Safer than trusting someone who may not know anything themselves.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 730513, member: 13650"]I don't recognize the limitations. First and foremost, they guarantee authenticity. That's the #1 issue anymore. Even serious collectors won't be an expert in every series. But if they want to drift in a different direction and purchase something else, you can do so with reasonable confidence buying a slabbed example. I have no faith in any loose Morgans on ebay anymore. None at all. I've never gotten burned but the unmarked replicas are getting good enough to the point where some of them are nearly indistinguishable from real. If all of them were 'obviously' fake, then fine. I'd say no big deal. But that is not the case anymore for a lot of different series'. Not just Morgans. And there are *multitudes of people buying from the Chinese and intentionally* trying to rip people off with those replicas. Also, the TPG's opinion does matter on grade, because they see no monetary gain from the sale. It is a purely, uninterested, 3rd party's opinion from not just one grader, but two graders have to agree! And if they don't, there's a third grader for the tie break. Instead of having greedy dealers grading everything two grades higher than they should be (there's one at every show), fortunately we can fall back on slabs where they get it right the vast majority of the time. The argument is settled before it begins. I'll never understand why anybody could be against that. That's not to say one should assume all MS-64s or 65s or 62s are created equal. 10 different ones within the same grade could be put in order from nicest to worst and justify varying price ranges. Some who don't care about that, will pay the same price across all 10. There is something to knowing a series. Anyway, the slabs also provide excellent protection and storage. Photographing loose coins IS much better and easier. But shooting through the plastic is no big deal. You can still get fine pics. My avatar is in an NGC slab. Most of the time, you can't even tell. If they get scratched up, the slab can be polished. The serial numbers also allow for looking them up on line for verifying authentication. The problem is, not enough people use them and I'd bet over half the people on this board could be fooled by a fake NGC slab. Although if you've seen enough of them, the differences should be very obvious. So there are still pitfalls for newbies buying slabs with wreckless abandon. It still can be risky but is the safest bet. Safer than trusting someone who may not know anything themselves.[/QUOTE]
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Retiring from SemiKey/Key Date Coins after next month..
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