Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Worth getting key date "cleaned" coins slabbed???
>
Reply to Thread
Message:
<p>[QUOTE="kanga, post: 1297895, member: 9270"]I agree, get key dates slabbed if only for authentication purposes.</p><p><br /></p><p>I'm quoting the above post for one reason, in particular the last part.</p><p>"... it will sell for its details price most likely."</p><p>I agree, but it shouldn't, at least with respect to NGC (I haven't looked at the other TPG's about the particular meaning of their "details" slabs).</p><p>As I read it from their site the grade on an NGC "DETAILS" coin is the grade NGC would assign <b>IF THE COIN WAS ORIGINAL</b>, surfaces and all.</p><p>Therefore a buyer of such a coin should pay less than the price for the grade.</p><p>And depending on the degree of alteration, a proper price should be the value of anything from one full grade to several multiple grades <b>LESS</b> than the grade on the slab.</p><p><br /></p><p>That is generally not the case in the real world.</p><p>On an <u>NGC</u> slab if it says XF DETAILS most often the coin sells for an XF price.</p><p><br /></p><p>As to PCGS it didn't matter since the only put "Genuine" on the slab.</p><p>But I thought I heard recently that they will/are now adding a grade.</p><p><br /></p><p>Am I correct with my overall understanding?[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 1297895, member: 9270"]I agree, get key dates slabbed if only for authentication purposes. I'm quoting the above post for one reason, in particular the last part. "... it will sell for its details price most likely." I agree, but it shouldn't, at least with respect to NGC (I haven't looked at the other TPG's about the particular meaning of their "details" slabs). As I read it from their site the grade on an NGC "DETAILS" coin is the grade NGC would assign [B]IF THE COIN WAS ORIGINAL[/B], surfaces and all. Therefore a buyer of such a coin should pay less than the price for the grade. And depending on the degree of alteration, a proper price should be the value of anything from one full grade to several multiple grades [B]LESS[/B] than the grade on the slab. That is generally not the case in the real world. On an [U]NGC[/U] slab if it says XF DETAILS most often the coin sells for an XF price. As to PCGS it didn't matter since the only put "Genuine" on the slab. But I thought I heard recently that they will/are now adding a grade. Am I correct with my overall understanding?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Worth getting key date "cleaned" coins slabbed???
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...