Thank you for that. About a quarter of my collection is encapsulated, which is disjointed and frustrating. Yes the coin is well protected and is safe and easy to handle. But something is lost. The raw coin has mystique and character, it is fragile and vulnerable, it demands care and respect. Your last comment was very helpful. I had been wondering whether to go at them with a hacksaw... Happily I am now dissuaded !
Interesting video. I've been collecting for close to 30 years now and at the start would have thought a slabbed coin was sacrilegious. However over the years I've now reverted my thoughts and predominately buy only graded coins, or if I buy raw then have it graded. The reasons for this is over the years I've had too many coins that have come back as forgeries or have been labelled as let's say fdc but when graded they pick up issues. It does weedle out problem coins...
Slabbing started in 1986 with PCGS and it took off from there. Certification, in America, brought the big money into numismatics. I buy coins in PCGS or NGC holders that I would hesitate to buy if they were raw coins in a 2x2.
I always remove ancient coins from the slabs; except one, which I noticed it was a fake. I still keep it in the slab. The only other coin that I have in a slab is a modern gold issue (1900 Costa Rican 5 colones) because it was the 2nd best example of the type ever graded by NGC at the time.
I enjoyed that Neil. 2 other benefits of slabbing are that it prevents edge Knocks, who has not dropped a coin and also how many times have we bought a coin from a coin fair, dashed home only to find out the new coin is the same grade as the old one . Looking forward to your next blog.
America has a new top tier grading service as of 2023 called CACG. They're on the same level as PCGS and NGC. ANACS has been grading coins since 1979 and they are credible, but they should not be used for expensive coins as they are a 2nd tier grading service.
Great content. Slabbed coins are a new era and the old timers dont like them as much. Its more of a American thing tbh but it will and is becoming more popular. In my opinion exspensive or rare coins are better to be slabbed as this gives the buyer and sellers confidence in authenticity and grade . Also the 3rd party grading helps to stop any arguments over grading as its subject and all opinions differ . For example if i was wanting to sell my coins privately i think having them graded gives the strength and provenance to back up the asking price , compared to having a coin not authenticated and raw . Obviously big auction houses or coin companies like yourselfs wouldnt have a problem selling raw coins . A regular person like me could be disbelieved by a buyer and theirfore unable to make the sale on the raw coin.
American slabs are badly designed. Why have they got those superfluous tabs 'holding it in' when the whole thing is in a plastic case anyway? Slabs can be used to add to the appeal of the coin, such as the imaginative slabs used by the Royal Mint for its dinosaur range, but for historic coins I much prefer the raw coin. I also feel the grading system is dense and confusing: we all know what a `VF+` is or an 'aEF'
Thank you for that. About a quarter of my collection is encapsulated, which is disjointed and frustrating. Yes the coin is well protected and is safe and easy to handle. But something is lost. The raw coin has mystique and character, it is fragile and vulnerable, it demands care and respect.
Your last comment was very helpful. I had been wondering whether to go at them with a hacksaw...
Happily I am now dissuaded !
Interesting video. I've been collecting for close to 30 years now and at the start would have thought a slabbed coin was sacrilegious. However over the years I've now reverted my thoughts and predominately buy only graded coins, or if I buy raw then have it graded.
The reasons for this is over the years I've had too many coins that have come back as forgeries or have been labelled as let's say fdc but when graded they pick up issues. It does weedle out problem coins...
Completely agree sir 👍
Slabbing started in 1986 with PCGS and it took off from there. Certification, in America, brought the big money into numismatics. I buy coins in PCGS or NGC holders that I would hesitate to buy if they were raw coins in a 2x2.
I always remove ancient coins from the slabs; except one, which I noticed it was a fake. I still keep it in the slab. The only other coin that I have in a slab is a modern gold issue (1900 Costa Rican 5 colones) because it was the 2nd best example of the type ever graded by NGC at the time.
I have the 2017 Australian Mars coin ❤
I enjoyed that Neil. 2 other benefits of slabbing are that it prevents edge Knocks, who has not dropped a coin and also how many times have we bought a coin from a coin fair, dashed home only to find out the new coin is the same grade as the old one . Looking forward to your next blog.
One of the most important reasons to grade a coin is to make sure it's genuine. But also there are slabs that are fake.
America has a new top tier grading service as of 2023 called CACG. They're on the same level as PCGS and NGC. ANACS has been grading coins since 1979 and they are credible, but they should not be used for expensive coins as they are a 2nd tier grading service.
Coins should be touchable! 😁💪🏆👍
Slabbing a coin gives its authenticity as we’ll ❤
Great content. Slabbed coins are a new era and the old timers dont like them as much. Its more of a American thing tbh but it will and is becoming more popular. In my opinion exspensive or rare coins are better to be slabbed as this gives the buyer and sellers confidence in authenticity and grade . Also the 3rd party grading helps to stop any arguments over grading as its subject and all opinions differ . For example if i was wanting to sell my coins privately i think having them graded gives the strength and provenance to back up the asking price , compared to having a coin not authenticated and raw . Obviously big auction houses or coin companies like yourselfs wouldnt have a problem selling raw coins . A regular person like me could be disbelieved by a buyer and theirfore unable to make the sale on the raw coin.
I’ve 2 slabbed coins I can’t tray them so put them in my vault box.
Impressive knowledge 1000
Interesting that it is AegyptOs and not AegyptUs, so Greek spelling but Latin script.
American slabs are badly designed. Why have they got those superfluous tabs 'holding it in' when the whole thing is in a plastic case anyway? Slabs can be used to add to the appeal of the coin, such as the imaginative slabs used by the Royal Mint for its dinosaur range, but for historic coins I much prefer the raw coin. I also feel the grading system is dense and confusing: we all know what a `VF+` is or an 'aEF'