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="medoraman, post: 4831215, member: 26302"]Dude, completely wrong. The market will NOT pay you back $30 in grading fees. You take a $50 coin, spend $30 to slab it, and you have - a $50 coin in a slab. Unless you are talking about a condition rarity or something, run of the mill coins in slabs you are NOT adding value to. Remember, the game is stacked against you. The big players pay WAY less in slabbing fees.</p><p><br /></p><p>For ancients, experienced collectors actually pay LESS for slabbed coins. Its a pain cracking out the cases to remove the slab, so I discount my bids to pay me for this work. Most ancient collectors break open any slabs someone wasted money on. Sure, HA sells lots of slabbed ancients. That is because they do not want the risk of grading the coins themselves, and sell mainly to non-ancient collectors. I have bought some items there at times, but again discount what I will pay to account for having to crack open slabs. With HA charging sales tax nationwide now, I never even look at ancients there.</p><p><br /></p><p>Do I hate all slabs? Of course not. I tell people to buy their 1916d dimes in slabs, as well as many other faked coins if you are not a true expert in the series. I personally buy slabbed colonial currency since to me its harder to authenticate them and they were heavily copied and forged for a couple of centuries. I buy slabbed items I am not an expert in, especially when talking about 4 figures plus. The guarantee of authenticity is what is valuable to me with slabs, (which btw is not even valid on ancients slabbed).[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4831215, member: 26302"]Dude, completely wrong. The market will NOT pay you back $30 in grading fees. You take a $50 coin, spend $30 to slab it, and you have - a $50 coin in a slab. Unless you are talking about a condition rarity or something, run of the mill coins in slabs you are NOT adding value to. Remember, the game is stacked against you. The big players pay WAY less in slabbing fees. For ancients, experienced collectors actually pay LESS for slabbed coins. Its a pain cracking out the cases to remove the slab, so I discount my bids to pay me for this work. Most ancient collectors break open any slabs someone wasted money on. Sure, HA sells lots of slabbed ancients. That is because they do not want the risk of grading the coins themselves, and sell mainly to non-ancient collectors. I have bought some items there at times, but again discount what I will pay to account for having to crack open slabs. With HA charging sales tax nationwide now, I never even look at ancients there. Do I hate all slabs? Of course not. I tell people to buy their 1916d dimes in slabs, as well as many other faked coins if you are not a true expert in the series. I personally buy slabbed colonial currency since to me its harder to authenticate them and they were heavily copied and forged for a couple of centuries. I buy slabbed items I am not an expert in, especially when talking about 4 figures plus. The guarantee of authenticity is what is valuable to me with slabs, (which btw is not even valid on ancients slabbed).[/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...