Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
What's the premium for slabbing inexpensive coins?
>
Reply to Thread
Message:
<p>[QUOTE="stevereecy, post: 4831052, member: 19884"]I get what you’re saying, but in defense of slabs sometimes I purchase coins that I’m not expert in. And I really really hate when I buy a coin that I think is BU only to find out years after the fact that it is AU.</p><p><br /></p><p> If you think about it, if the market charges, let’s say a $30 premium, On a $50 coin then I would pay $80 for that coin. But when I sell it I will also get $80 back for it. So I didn’t lose anything. If I bought it raw for $50 and sold it raw for $50 I also wouldn’t lose anything. One could argue that the only thing I’m really missing out on is the interest on the $30 premium over the time that I hold a coin...however we all know that as the coin goes up in value the premium increases so I’m not so sure that you might actually come out ahead on that premium if the coin increases in value.</p><p><br /></p><p>So in summary, by paying the premium I get peace of mind, and I will likely get most of my premium and perhaps even access premium back when I sell it in the future if the coin goes up in value. To me it’s worth it.</p><p><br /></p><p>All that being said, I don’t wanna overpay for that premium which is why I asked my original questions.[/QUOTE]</p><p><br /></p>
[QUOTE="stevereecy, post: 4831052, member: 19884"]I get what you’re saying, but in defense of slabs sometimes I purchase coins that I’m not expert in. And I really really hate when I buy a coin that I think is BU only to find out years after the fact that it is AU. If you think about it, if the market charges, let’s say a $30 premium, On a $50 coin then I would pay $80 for that coin. But when I sell it I will also get $80 back for it. So I didn’t lose anything. If I bought it raw for $50 and sold it raw for $50 I also wouldn’t lose anything. One could argue that the only thing I’m really missing out on is the interest on the $30 premium over the time that I hold a coin...however we all know that as the coin goes up in value the premium increases so I’m not so sure that you might actually come out ahead on that premium if the coin increases in value. So in summary, by paying the premium I get peace of mind, and I will likely get most of my premium and perhaps even access premium back when I sell it in the future if the coin goes up in value. To me it’s worth it. All that being said, I don’t wanna overpay for that premium which is why I asked my original questions.[/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
>
World Coins
>
What's the premium for slabbing inexpensive coins?
>
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...