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<p>[QUOTE="Leadfoot, post: 449400, member: 2972"]IMO, the "theory" is very valid, and goes something like this....</p><p><br /></p><p>Collector passes away and leaves raw coins to realtives. Relatives have great difficulty assessing grade and thus value. They try to sell raw coin and get taken, or at best get offered less than the coin if it were in plastic.</p><p><br /></p><p>Collector passes away and leaves graded coins. Values are easily obtainable from Heritage, eBay, CDN, and a number of other venues. They try and sell the coin and now know the difference between a fair and unfair price. </p><p><br /></p><p>While I will not argue that a slabbed coin will ensure someone uninformed won't get taken, it certainly does help protect the uninformed from debate on the grade of the coin and aid in its liquidation. To deny this fact tells me that someone's not aware of what goes on when it comes time to sell raw and graded coins in today's market.</p><p><br /></p><p>As an aside, and to address your "inventory" statement -- I'm sure you are aware that coin values go up and down, and an inventory is only a snapshot in time.</p><p><br /></p><p>Respectfully submitted...Mike</p><p><br /></p><p>p.s. I have sold a grand total of 4 coins in my life (all upgrades/duplicates), so I am anything but a 'speculator'. Just because someone's interested in the future value of a coin doesn't mean they are a speculator -- just that they have an eye towards the future (I would call it prudence).[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 449400, member: 2972"]IMO, the "theory" is very valid, and goes something like this.... Collector passes away and leaves raw coins to realtives. Relatives have great difficulty assessing grade and thus value. They try to sell raw coin and get taken, or at best get offered less than the coin if it were in plastic. Collector passes away and leaves graded coins. Values are easily obtainable from Heritage, eBay, CDN, and a number of other venues. They try and sell the coin and now know the difference between a fair and unfair price. While I will not argue that a slabbed coin will ensure someone uninformed won't get taken, it certainly does help protect the uninformed from debate on the grade of the coin and aid in its liquidation. To deny this fact tells me that someone's not aware of what goes on when it comes time to sell raw and graded coins in today's market. As an aside, and to address your "inventory" statement -- I'm sure you are aware that coin values go up and down, and an inventory is only a snapshot in time. Respectfully submitted...Mike p.s. I have sold a grand total of 4 coins in my life (all upgrades/duplicates), so I am anything but a 'speculator'. Just because someone's interested in the future value of a coin doesn't mean they are a speculator -- just that they have an eye towards the future (I would call it prudence).[/QUOTE]
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