Why are there so many labels for 2013 silver eagles? Was looking at buying a MS 70 graded by NGC and saw several.
simple as that. they get to grade a lot more coins (fees) and the sellers try to make people think one is worth more than another. last year they had 13 different labels just for the basic ASE.
I like your response of marketing gimmick, but think your reasoning for avoiding slabbed coins might leave quite a bit to be desired.
Well it's not my ONLY reason for avoiding them but it is a big factor. I don't need to pay extra for someone to tell me what a coin is graded. I understand it for rare coins -make sure it isn't a fake. But beyond that I don't really see the benefit of the extra cost beyond that. I think they have been hyped so much as the end-all-be-all as far as coin grades go. I yearn for the older days when people studied and graded their coins themselves...not that I was collecting back then...but you know what I mean. Hope this rant made sense.