Discussion in 'Coin Chat' started by lonegunlawyer, May 7, 2013.
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As for slabbed v unslabbed, that's a personal preference, I presume. Are you asking from a speculation/investment standpoint or for a personal collection? In the first case, I guess all parties should "invest" in graded coins, due to the current resale market environment. For the second, who cares?
If it means "trust but verify" how does a collector
do that if they are buying the slab because they are not
good at grading?
I figure coins I grade are always wrong. But collector
whimsy will make it right sooner or later. :devil:
And what's the outcome? Should they be 'tasered' if they fail? It's all in the learning process......
You just keep drinking that Kool Aid old son. That's what they want you to think. Ain't nothing around in the wild anymore unless it's got a 'brand' on it. So untrue. Learn to grade and you'll pick up gems most abundantly. And you'll save yourself a few bucks too......
But we can grade. You know what you are doing. I will admit I wish I only bought graded coins when I was an idiot, (some say I still am). It would have saved me money.
The DANGER, though, to me is that I did learn. If I would have only bought slabbed pieces, would I have ever learned how to grade? Its a fair question, since I do see a lot of people who don't know how to grade even after a decade in the hobby. They feel they don't need to know how because their nursemaid called the TPG will always be there to do it for them.
Plus, just how much fun can owning a piece of cold plastic really be? You might as well only own a photograph of a coin, since you will NEVER be able to touch a slabbed coin. That really kills the deal for me. If someone is ok with collecting coins yet never touching a coin, then I guess its ok. I enjoy touching them, feeling them, studying idiosynchracies of them, you know, the old "collecting COINS" kind of thing. I am not too into checking out plastic under a loupe.
(I guess I really didn't answer your question - but the short answer should be no. Those inept at grading simply need more practice.)
I am the same.
Others have read this 100 times, but how I taught myself how to grade, and recommend for new collectors, is to simply go to your bank and buy a bag or two of coins. Pennies, nickels, whatever. Buy a grading book, and GRADE. Make piles of every possible grade category. When done, go over each pile to compare with the book, get a feel for what a F is like versus a VF or a VG. Once you are done, pick out whatever you want to keep, or take them all back to the bank. Do this a few times, and get a massive free coin grading lesson. You might even find a few keepers. Plus, what is better than going through thousands of coins? Heck, I have bags upon bags of world coins, and sometimes just like to pull them out and paw through them. Its fun! And what more should a hobby be than fun.
Some people get way too serious about this hobby. Paw through a bunch of dirty old coins. That is what got millions of kids addicted to this hobby back in the day. Love your coins for what they are and what they teach you, and don't stress their value so much.
Agreed. Coins are broken out of slabs every day in great numbers - particularly common date coins. For somebody putting together a set for an album, they're unlikely to care about the slab that their MS64 common coin is in. They'll crack it out and then that gets sold someday as raw again. How would TPGs stay in business if slabbed coins never got cracked? There's a reason why they sell so many albums.
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