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What's the premium for slabbing inexpensive coins?
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<p>[QUOTE="medoraman, post: 4833711, member: 26302"]All I know is I can buy slabbed coins all day long for less than the cost of what you can get a coin slabbed for. Please explain to me if you and I can get a coin slabbed for $30 and yet I can buy hundreds of slabbed coins for under $30 how any "slabbing premium" you will always get from the marketplace? Are you being paid money to take these coins away from the original owners?</p><p><br /></p><p>The slabbing game is where you think you know grading well, and can buy raw coins that you properly grade, (or seller was undergrading), and then send in for confirmation. In other words, its like real estate. You do not make money in real estate selling, you make the money BUYING. If you are good and can BUY the coin at a lower grade and send it in a get it graded higher than the price level you bought it at, you make money. If you pay 65 money for a 65, that slab is not adding value. You have to buy a 65 for 64 money, then get is slabbed and THEN you profit. It is your PURCHASE that made the money.</p><p><br /></p><p>For common stuff like run of the mill morgans, there might be a little premium for the plastic to some just because so many fakes are out there, but not $30 worth of a premium.What is the price of a AU 1881 s versus raw?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4833711, member: 26302"]All I know is I can buy slabbed coins all day long for less than the cost of what you can get a coin slabbed for. Please explain to me if you and I can get a coin slabbed for $30 and yet I can buy hundreds of slabbed coins for under $30 how any "slabbing premium" you will always get from the marketplace? Are you being paid money to take these coins away from the original owners? The slabbing game is where you think you know grading well, and can buy raw coins that you properly grade, (or seller was undergrading), and then send in for confirmation. In other words, its like real estate. You do not make money in real estate selling, you make the money BUYING. If you are good and can BUY the coin at a lower grade and send it in a get it graded higher than the price level you bought it at, you make money. If you pay 65 money for a 65, that slab is not adding value. You have to buy a 65 for 64 money, then get is slabbed and THEN you profit. It is your PURCHASE that made the money. For common stuff like run of the mill morgans, there might be a little premium for the plastic to some just because so many fakes are out there, but not $30 worth of a premium.What is the price of a AU 1881 s versus raw?[/QUOTE]
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What's the premium for slabbing inexpensive coins?
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