Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
To slab, or not to slab...
>
Reply to Thread
Message:
<p>[QUOTE="Publius2, post: 26032463, member: 105571"]I faced a similar question last year but my goal was to eliminate, as much as was financially sane, all the unslabbed coins in my collections. In some cases that meant sending raw coins to GC for grading and sale. In others, where I thought the raw coin might grade OK and if so I might keep them in my collection and if not, sell them. My purpose for this goal was to:</p><p><br /></p><p>1) Make things easier for my heirs to dispose of my collections.</p><p>2) Get rid of my earlier mistakes, even if selling them resulted in a loss. This freed up funds to acquire better coins.</p><p>3) Upgrade my remaining collections from the earlier coins that don't cut the mustard today.</p><p><br /></p><p>Now, what did I mean by "financially sane"? If I thought a raw coin might grade at a wholesale bid value over $300, it was submitted. If under $150 and I liked the coin, it was submitted. If under $150 and it was "outta here", then I sent it raw to GC for grading and sale.</p><p><br /></p><p>After this culling, I'm still left with quite a few raw coins that aren't worth taking any of the above actions. The heirs will just have to sell them off to a LCS and get whatever they can for them. My written instructions will say just that.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 26032463, member: 105571"]I faced a similar question last year but my goal was to eliminate, as much as was financially sane, all the unslabbed coins in my collections. In some cases that meant sending raw coins to GC for grading and sale. In others, where I thought the raw coin might grade OK and if so I might keep them in my collection and if not, sell them. My purpose for this goal was to: 1) Make things easier for my heirs to dispose of my collections. 2) Get rid of my earlier mistakes, even if selling them resulted in a loss. This freed up funds to acquire better coins. 3) Upgrade my remaining collections from the earlier coins that don't cut the mustard today. Now, what did I mean by "financially sane"? If I thought a raw coin might grade at a wholesale bid value over $300, it was submitted. If under $150 and I liked the coin, it was submitted. If under $150 and it was "outta here", then I sent it raw to GC for grading and sale. After this culling, I'm still left with quite a few raw coins that aren't worth taking any of the above actions. The heirs will just have to sell them off to a LCS and get whatever they can for them. My written instructions will say just that.[/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
>
To slab, or not to slab...
>
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...