Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
this is an embarrassment
>
Reply to Thread
Message:
<p>[QUOTE="-jeffB, post: 4198431, member: 27832"]I suppose you could take the alternative view: if the coin is worth one cent face value, and slabbing it costs $35 all-in, then it <i>must</i> be worth <i>at least</i> $35.01 in the slab. Difficulty: very, very few people share that view, so you'll have a very hard time ever getting that $35.01 out of it.</p><p><br /></p><p>Counterexample: an abused proof Trade dollar I once got as part of a lot. I assumed it was fake, but I showed it to a couple of people who thought it might be real. I eventually submitted it to PCGS through a dealer here. It came back in a slab -- damaged, XF45 details, but genuine. Without the slab, I'd gotten offers in-hand as high as $200 or so. With the slab, it went for $700 on eBay, more than half the market value of a problem-free example. (To be fair, that <i>did</i> include shipping!)</p><p><br /></p><p>So, slabbing isn't <i>necessarily</i> a joke, but you do have to be at least a little selective in what you submit, or else (as [USER=36248]@geekpryde[/USER] said) rely on probability and large numbers.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 4198431, member: 27832"]I suppose you could take the alternative view: if the coin is worth one cent face value, and slabbing it costs $35 all-in, then it [I]must[/I] be worth [I]at least[/I] $35.01 in the slab. Difficulty: very, very few people share that view, so you'll have a very hard time ever getting that $35.01 out of it. Counterexample: an abused proof Trade dollar I once got as part of a lot. I assumed it was fake, but I showed it to a couple of people who thought it might be real. I eventually submitted it to PCGS through a dealer here. It came back in a slab -- damaged, XF45 details, but genuine. Without the slab, I'd gotten offers in-hand as high as $200 or so. With the slab, it went for $700 on eBay, more than half the market value of a problem-free example. (To be fair, that [I]did[/I] include shipping!) So, slabbing isn't [I]necessarily[/I] a joke, but you do have to be at least a little selective in what you submit, or else (as [USER=36248]@geekpryde[/USER] said) rely on probability and large numbers.[/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
>
this is an embarrassment
>
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...