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<p>[QUOTE="Troodon, post: 1897235, member: 4626"]Three basic reasons I can think of that low value coins get slabbed:</p><p><br /></p><p>1. As was already mentioned, dealers will often send in bulk submissions trying for high (69 or 70) grades; if even a few get them, especially if they hit 70, the profit they can make off the high grade coins easily pays for the rest.</p><p><br /></p><p>2. Some people are really obsessed with trying to get perfect, almost perfect, or at least the highest grade, coins into registry sets. A lot of people would try with low value coins to get a high grade registry set relatively cheaply. I suspect this is why I keep coming across slabbed Roosevelt dimes (a high grade registry set of these would be very cheap compared to other coin series) that are not even worth what the grading fee would be.</p><p><br /></p><p>3. Filler coins: a lot of TPGs have discounts if you submit a certain number of coins at the same time, be it 5, 10, 25, etc. Some people just want the volume discount but don't have quite enough coins they need/want to be graded to quite meet the volume, so they throw in a random low value coin just to meet it. It can be worth it as it lowers the average grading fee considerably. I have done this myself at least once (I sent in a 1983 S. Korea 5 won coin just to hit enough coins to lower the average grading fees on the other 4).[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1897235, member: 4626"]Three basic reasons I can think of that low value coins get slabbed: 1. As was already mentioned, dealers will often send in bulk submissions trying for high (69 or 70) grades; if even a few get them, especially if they hit 70, the profit they can make off the high grade coins easily pays for the rest. 2. Some people are really obsessed with trying to get perfect, almost perfect, or at least the highest grade, coins into registry sets. A lot of people would try with low value coins to get a high grade registry set relatively cheaply. I suspect this is why I keep coming across slabbed Roosevelt dimes (a high grade registry set of these would be very cheap compared to other coin series) that are not even worth what the grading fee would be. 3. Filler coins: a lot of TPGs have discounts if you submit a certain number of coins at the same time, be it 5, 10, 25, etc. Some people just want the volume discount but don't have quite enough coins they need/want to be graded to quite meet the volume, so they throw in a random low value coin just to meet it. It can be worth it as it lowers the average grading fee considerably. I have done this myself at least once (I sent in a 1983 S. Korea 5 won coin just to hit enough coins to lower the average grading fees on the other 4).[/QUOTE]
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