Why do TPGs slab COAs?

Discussion in 'Coin Chat' started by JeffC, May 17, 2021.

  1. JeffC

    JeffC Hogwarts Numismatist Apprentice

    The seasoned members here probably already know this, but it was news to me when I saw this photo this weekend. I never knew COAs could get certified.

    Slabbed CoA.jpg

    Now I'm confused about why COAs would get slabbed. I'd understand if the holder was designed to hold both the coin and the COA as an integral unit. But that's not the case here. Wouldn't a coin slabbed by a TPG already mean it's authentic, and thus render a COA redundant? Then I started to think maybe the guy has a raw coin and wants its accompanying COA authenticated. But now, if that's the case, then anyone can switch around the coin that is supposed to be paired with the COA.

    So I'm back in Square One. Would appreciate your help in explaining why a COA should be authenticated. Thanks.

    (P.S. Was also wondering how PCGS could authenticate a printed COA with no security features - or am I wrong about that?)
     
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  3. Inspector43

    Inspector43 73 Year Collector Supporter

    When you want your status symbol to look more prestigious than the other ones. It doesn't mean much unless you slab the envelope it came in. And then the box, the shipping label and the tracking number.
     
    DEA, love old coins, johnyb and 9 others like this.
  4. JeffC

    JeffC Hogwarts Numismatist Apprentice

    LOL. What about the bubble wrap?

    They're being sold for 26 bucks. But then anyone can pair any counterfeit coin with it. Doesn't make sense at all. I thought there must have been a legitimate reason.
    https://www.goldeneaglecoin.com/ite...-v75-privy-mark-pcgs-slabbed-certificate-only
     
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  5. baseball21

    baseball21 Well-Known Member

    They do it because of demand that people had been asking for for many years. More importantly though it’s to match the coa to the coin, that gets you the Cert number on the label if there was one.

    They don’t slab random coa, they have to be submitted in a certain way to get it.
     
  6. furryfrog02

    furryfrog02 Well-Known Member

    They will slab anything if you pay them enough.
     
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Being retired from the post office when I saw COA the first thing that came to me was change of address, lol
     
    dwhiz, Mountain Man, capthank and 4 others like this.
  8. furryfrog02

    furryfrog02 Well-Known Member

    TPG will slab one of those for you too, for the right price...
     
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  9. TheFinn

    TheFinn Well-Known Member

    $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
     
  10. Antonius Britannia

    Antonius Britannia Well-Known Member

    I'm just surprised they didn't didn't give the COA a grade. MT 10 or NM 9.5

    Though, to borrow from Mel Brooks, much like the Roman God of Premature Ejaculation, it's coming soon. . .
     
  11. furryfrog02

    furryfrog02 Well-Known Member

    Shhhhhhh don't give them any ideas!
     
  12. Beefer518

    Beefer518 Well-Known Member

    What surprises me is that it appears the COA was submitted sans coin? I would think the CIA slab would cross-reference the coin it is "Authenticating"? The way I would like to see this done is the coin is numbered "12345678-A", and the COA "12345678-B". This way everyone knows what coin that COA is for.

    So I buy this slabbed COA, which i would think is verifying it as an authentic COA, then buy a Chinese ASE, and voila! Some sucker believes they have an authentic ASE. Yeah, great plan. o_O
     
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  13. baseball21

    baseball21 Well-Known Member

    it wasn’t. You can’t just submit a coa

    If the coa is numbered the number will generally appear on both slabs.

    Selling just the coa is kinda weird
     
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  14. Beefer518

    Beefer518 Well-Known Member

    So is the cert number on the reverse of the COA slab?
     
  15. KSorbo

    KSorbo Well-Known Member

    I recently bought a 1956 mint set that was certified by Anacs together with its original packaging in a separate pouch. That has value to me because the number of intact sets in OGP after 60+ years is limited. Especially considering the small number of sets to begin with. However, I don’t see as much value in certifying modern COA’s. They already get sold with empty packages on eBay and I don’t think they will ever be rare.
     
    JeffC likes this.
  16. baseball21

    baseball21 Well-Known Member

    The coa itself when they aren’t numbered doesn’t really mean anything. When they are it’ll be on both generally. It’s really just something people asked for a lot so they did it as some people like it, but you have to have the coin and everything with it. It’s not an end around to anything getting by them
     
  17. JeffC

    JeffC Hogwarts Numismatist Apprentice

    In this example, no. Here's the other side.
    20210518_002049.jpg

    It was very puzzling for me. If there had been some sort of number, I'd understand. That's why I created this thread. I thought I must be missing something.
     
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  18. JeffC

    JeffC Hogwarts Numismatist Apprentice

    What does the ANACS certified pouch look like? I'm curious. Never seen one before.
     
  19. thomas mozzillo

    thomas mozzillo Well-Known Member

    I have two questions.
    1) Were these certificates given along with each coin sold by the US Mint?
    2) Was this COA being offered for sale (with/without) the coin?
     
  20. cpm9ball

    cpm9ball CANNOT RE-MEMBER

  21. johnmilton

    johnmilton Well-Known Member

    PCGS is really getting desperate if this is really true.
     
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