Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The slabbing/grading debate
>
Reply to Thread
Message:
<p>[QUOTE="Bill in Burl, post: 1364696, member: 23692"]I think that the average price might be higher in Group B, because they actually know what they are looking at, and the relative scarcity (in that grade) of what they perceive. A good number of the folks in group A are not collectors, but rather novice investors who have been brainwashed into thinking that coins are the new Silicon Valley stocks from the 80's & 90's. As such, they look at Trends (retail) or an annual guide and then figure a 30-50% discount on what's there. Or they go to Ebay sales and see what the "title" of the auction has sold for before. ... any Ebay data is linked to the Title of the Auction, not what the coin actually was in true grade. Then they add 10% because it's slabbed because everyone "knows" that a coin has to be slabbed to be bought or sold (or so every TPG will tell you).</p><p><br /></p><p>The B group, knowing the relative scarcity for the raw coin, pays no attention to annual guides or Ebay sales .. he KNOWS what it's worth with a knowledgeable buyer from a knowledgeable seller. Any time that you have both a buyer and a seller agree on the grade of the coin (not what's on the plastic) then both people are getting a good deal and usually a higher price.[/QUOTE]</p><p><br /></p>
[QUOTE="Bill in Burl, post: 1364696, member: 23692"]I think that the average price might be higher in Group B, because they actually know what they are looking at, and the relative scarcity (in that grade) of what they perceive. A good number of the folks in group A are not collectors, but rather novice investors who have been brainwashed into thinking that coins are the new Silicon Valley stocks from the 80's & 90's. As such, they look at Trends (retail) or an annual guide and then figure a 30-50% discount on what's there. Or they go to Ebay sales and see what the "title" of the auction has sold for before. ... any Ebay data is linked to the Title of the Auction, not what the coin actually was in true grade. Then they add 10% because it's slabbed because everyone "knows" that a coin has to be slabbed to be bought or sold (or so every TPG will tell you). The B group, knowing the relative scarcity for the raw coin, pays no attention to annual guides or Ebay sales .. he KNOWS what it's worth with a knowledgeable buyer from a knowledgeable seller. Any time that you have both a buyer and a seller agree on the grade of the coin (not what's on the plastic) then both people are getting a good deal and usually a higher price.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The slabbing/grading debate
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...