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<p>[QUOTE="Vess1, post: 1365399, member: 13650"]Summed up beautifully. Not to pick on Doug, but I think it's a bit misleading for anyone reading this thread to see somebody claiming slabs are a "waste of money" when they themselves are not actually purchasing any coins anymore. As he admitted. </p><p><br /></p><p> The reality is, most people are afraid of fakes. There's bad fakes that are obvious. There's good fakes that fool experienced dealers. An expensive, raw coin offered on ebay gives little comfort to potential buyers and therefore will likely sell at a deep discount compared to one in a slab. Sometimes it can even be hard to tell if one has been cleaned. A whole other issue in itself. </p><p><br /></p><p> People pay for slabbing because it is essentially, professionals giving their "blessing" to a certain coin, who have NO STAKE in the game. When two graders look at my coin, they really don't care if it's been cleaned, if it's fake, if it's MS 63 or MS 62, regardless of the price difference!!! But the dealer or individual selling a raw coin is almost always going to go with a higher end grade on everything and don't attempt to tell them something is fake or cleaned. </p><p><br /></p><p> I can't believe people are even arguing the merits of this. I whole-heartedly agree that yes, it is only somebody else's opinion on the slab. But at least they do it for a living on a daily basis. And at least they are a third party, disconnected from the emotional aspect of it and who have no stake in whether something is a grade higher or not. If somebody thinks there's another way to get a more unbiased, professional opinion on a coin, please lay it out here. </p><p><br /></p><p> I have no affiliation with any TPG. I'm just defending slabbing for what it is. It's easy for me to understand why people use the service.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1365399, member: 13650"]Summed up beautifully. Not to pick on Doug, but I think it's a bit misleading for anyone reading this thread to see somebody claiming slabs are a "waste of money" when they themselves are not actually purchasing any coins anymore. As he admitted. The reality is, most people are afraid of fakes. There's bad fakes that are obvious. There's good fakes that fool experienced dealers. An expensive, raw coin offered on ebay gives little comfort to potential buyers and therefore will likely sell at a deep discount compared to one in a slab. Sometimes it can even be hard to tell if one has been cleaned. A whole other issue in itself. People pay for slabbing because it is essentially, professionals giving their "blessing" to a certain coin, who have NO STAKE in the game. When two graders look at my coin, they really don't care if it's been cleaned, if it's fake, if it's MS 63 or MS 62, regardless of the price difference!!! But the dealer or individual selling a raw coin is almost always going to go with a higher end grade on everything and don't attempt to tell them something is fake or cleaned. I can't believe people are even arguing the merits of this. I whole-heartedly agree that yes, it is only somebody else's opinion on the slab. But at least they do it for a living on a daily basis. And at least they are a third party, disconnected from the emotional aspect of it and who have no stake in whether something is a grade higher or not. If somebody thinks there's another way to get a more unbiased, professional opinion on a coin, please lay it out here. I have no affiliation with any TPG. I'm just defending slabbing for what it is. It's easy for me to understand why people use the service.[/QUOTE]
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