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<p>[QUOTE="Lehigh96, post: 449906, member: 15309"]I would like to state that I don't think most coins under $100 need to be slabbed. However, when you get above $100 and especially over $500 per coin, I absolutely think slabbing is necessary. I also agree completely with Doug, I have bought thousands of dollars of coins over the years, and have only submitted maybe 20 or so for grading. It is very easy to obtain any coin you want already slabbed and I see no reason to submit coins yourself, unless the raw coin is already in you collection.</p><p><br /></p><p>The premise that slabbing is not needed due to inconsistency however is very much flawed. I think that most collectors and dealers are way too critical of the PCGS and NGC when it comes to their consistency. We can all find a coin if we search hard enough that we think is overgraded. However, we forget about the hundreds, maybe thousands of coins that we saw that were properly graded during our search. IMO, the TPG's are very consistent with regards to grade and even more consistent with regards to authentication. In addition, authentication is guaranteed, so if you do happen to get a slabbed counterfiet, the TPG owes you.</p><p><br /></p><p>The slab might not completely protect the coin from the atmosphere, but it does provide a measure of protection that is higher than a raw coin.</p><p><br /></p><p>I don't want to get into the inheritance debate, but I would like to ask a question. What should someone like me do in this regard. My coins are slabbed, but they are rainbow toned and were purchased and are worth multiples of the list price. How would I protect my hiers from getting completely ripped off?</p><p><br /></p><p>PS, Desert, how do I get in that poker game.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 449906, member: 15309"]I would like to state that I don't think most coins under $100 need to be slabbed. However, when you get above $100 and especially over $500 per coin, I absolutely think slabbing is necessary. I also agree completely with Doug, I have bought thousands of dollars of coins over the years, and have only submitted maybe 20 or so for grading. It is very easy to obtain any coin you want already slabbed and I see no reason to submit coins yourself, unless the raw coin is already in you collection. The premise that slabbing is not needed due to inconsistency however is very much flawed. I think that most collectors and dealers are way too critical of the PCGS and NGC when it comes to their consistency. We can all find a coin if we search hard enough that we think is overgraded. However, we forget about the hundreds, maybe thousands of coins that we saw that were properly graded during our search. IMO, the TPG's are very consistent with regards to grade and even more consistent with regards to authentication. In addition, authentication is guaranteed, so if you do happen to get a slabbed counterfiet, the TPG owes you. The slab might not completely protect the coin from the atmosphere, but it does provide a measure of protection that is higher than a raw coin. I don't want to get into the inheritance debate, but I would like to ask a question. What should someone like me do in this regard. My coins are slabbed, but they are rainbow toned and were purchased and are worth multiples of the list price. How would I protect my hiers from getting completely ripped off? PS, Desert, how do I get in that poker game.;)[/QUOTE]
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