6 Reason NOT To EVER Buy Slabbed Coins

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CoinHELPu

CoinHELPu

Күн бұрын

Пікірлер: 794
@CoinHELPu
@CoinHELPu 4 жыл бұрын
My website portsmouthcoinshop.com/ Coinzip www.coinzip.com/coinDealers.php
@Astinsan
@Astinsan 3 жыл бұрын
Sonically sealed can be simulated with solvents. Most of these plastic cases are made from styrene. Mek can be used to fuse the case. It will look like a sonically welded box. I think weight might be one of the best ways to check for a fake clamshell. Next use a caliper to measure the case and coin placement area. How to fix the industry? Use plastic formulas with a trace element in the mix. Would make testing easy. Change the formula every year or more. Make serial numbers cross reference that trace marker. So many things that can be done. Easiest way to talk them into changing is pitch it to them as another service a person can buy in advance of getting a grade. Case marker verification. Have a overnight authentic check service. Makes it easy for the seller to ease someone’s second thoughts.. also let the grading company make some scratch on the side.
@jamesdisney647
@jamesdisney647 3 жыл бұрын
Hi @CounHelpu I am getting into NGC coins what you think or just stay away from them thanks
@CoinHELPu
@CoinHELPu 8 ай бұрын
@@jamesdisney647 Use the coinhelpu community the link is in the description of this video.
@busterbiloxi3833
@busterbiloxi3833 Ай бұрын
Once you start talking about slabs and “sonic sealing” and styrene and MEK and welding you are no longer a collector, but a speculator. A money grubber. A profit seeker. You are no longer a hobbyist, but a peddler. End of rant.
@CoinHELPu
@CoinHELPu Ай бұрын
@@busterbiloxi3833 you make no sense.
@whowatchesthewatchersevery2298
@whowatchesthewatchersevery2298 4 жыл бұрын
Morning Daniel! Before I started watching your videos I made some of these mistakes when I first got in to coin collecting. Now I have the best teacher. Thank you again my friend!
@barrybarney6085
@barrybarney6085 4 жыл бұрын
RIGHT ON THANKS
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Thank you
@pauld8790
@pauld8790 4 жыл бұрын
Dan is awesome let's giving some buys even if you make a small purchase Let's help this guy out
@rodwoods2108
@rodwoods2108 2 жыл бұрын
I was lucky enough to find three of good truthful local coin dealers to keep me out of trouble in my beginning looking for slabs. You would have been on my list.
@paulgoss1371
@paulgoss1371 3 жыл бұрын
I prefer my coins graded in slabs mainly because I know exactly what they are worth and I have a solid starting point in negotiating the sale of the coins. Plus the added advantage of the coins being protected. And I’m not a fan of toned coins whatsoever. Raw coins are fine and I have a lot of them but it’s anybody’s guess what they’re worth without a 3rd party grading service certifying them. NGC is my favorite because I like their holders the best but I have my share of PCGS slabs too.
@roystroble3354
@roystroble3354 3 жыл бұрын
Your slabbed will tone and then what, value drops
@elchurrito
@elchurrito 2 жыл бұрын
It's a lot of thinks you need considering before You Buy a coin no matter what if is graded by pcgs por ngc. Not because the pcgs, ngc holder say that the coin it's in a ms64 You will pay the price. Espacially if You Buy a rare coin. Ejample : if You Buy a common Morgan cc ms65 low end probably You are pay for a ms64 high end cc. But the pcgs company give a ms65 beacuse de eey appeal not because it's a ms65. Thats what we call over grade. They are more conservative when they grade a rare coin . Thats why i allways Say ,Buy the coin not the holder. It's a lot of places (like this chanell ) You can learn to spot a well graded coin.
@Chasecka
@Chasecka 2 жыл бұрын
Toned coins are absolutely beautiful! You’re crazy!
@johnstinson5372
@johnstinson5372 2 жыл бұрын
The price paid for being greedy? Why are Whyte ones so ever-loving greedy and full of covetness?
@dustinjohnson3463
@dustinjohnson3463 2 жыл бұрын
@@roystroble3354 added value
@penniesshillings
@penniesshillings 2 жыл бұрын
I was about to comment asking what you may be smoking... and after watching it I want to commend you on a great video. Knowledgeable and absolutely spot on!!
@bradtankersley4867
@bradtankersley4867 5 ай бұрын
I'm wanting to know. He's high on sumpin.
@michaellooney1089
@michaellooney1089 Ай бұрын
@@bradtankersley4867 Slabbing is a CON!!
@jamess.829
@jamess.829 3 жыл бұрын
It is a shame that there is so much scamming in the coin collecting world. I would imagine that any item that is collectable has the same issues. It is important to learn as much as possible about what you are collecting and hopefully avoid getting ripped off. Thank you for giving us so much information. It shows the integrity and honesty that you have. Shows how many do not.
@Cinemaniac87
@Cinemaniac87 2 жыл бұрын
Unfortunately its an occupational hazard and always has been just pays to stay sharp.
@HappyHermitt
@HappyHermitt 3 ай бұрын
The same thing goes in the precious metals world. Especially bars in assay cards.
@neilcarlson72
@neilcarlson72 4 жыл бұрын
NGC is my favorite slab atm. They take pictures of every coin and you can compare the picture to the coin you're looking at buying. That's a very nice feature.
@manyrcalledfewrchoosen4029
@manyrcalledfewrchoosen4029 3 жыл бұрын
That’s not true plenty Of coins in the market that ngc failed to take pics of! Ngc is only about ripping off the consumer, by charging for photos, when they should protect the consumer! Call ngc tell them to protect the customer!
@brainwashingdetergent4128
@brainwashingdetergent4128 3 жыл бұрын
Yea only a couple of myn have been photographed.
@Caligulashorse1453
@Caligulashorse1453 3 жыл бұрын
Neil I totally agree with you but that doesn’t stop me from burning down Atlanta
@k_dot33
@k_dot33 2 жыл бұрын
You should worry more about being a traitor with that racist flag
@michaellooney1089
@michaellooney1089 8 ай бұрын
I've been coin collecting since 1982 - slabbing is for amateurs!! Get a decent coin book, and learn how to properly grade a coin!
@dvdm4709
@dvdm4709 3 жыл бұрын
Hey Daniel thanks for taking your time out to educate a new generation of silver stackers. Really appreciate people like you bud
@tmo4330
@tmo4330 9 ай бұрын
Paid $1,050.00 for raw Huguenot Walloon in 1985 (dealer graded ms-65). Had it sent in for pcgs grading 1988. It came back a ms-66! Sold it to the same dealer I bought it from for $6,000.00. Would like to hear other collector's experiences.
@James-js7kf
@James-js7kf 9 ай бұрын
Freakin awesome!!!
@busterbiloxi3833
@busterbiloxi3833 Ай бұрын
Are you a coin collector or a money grubber?
@tmo4330
@tmo4330 Ай бұрын
@@busterbiloxi3833 I got blessed. Rare for this to happen. I also found a 1916 Standing liberty quarter in a dealers "junk silver roll".
@budj13
@budj13 3 жыл бұрын
Daniel, you are providing exceptional education and value to us. I'm binge watching you this morning to catch up.
@margaretstoner4701
@margaretstoner4701 4 жыл бұрын
I am sincerely happy you are well and continue to teach us.THANK YOU ❤
@pmafterdark
@pmafterdark 3 жыл бұрын
You threw me a curve. At first I thought you were just going to say to stay away from slabbed coins period. I can understand and agree with your 6 reasons.
@bobbroach84
@bobbroach84 4 жыл бұрын
I like buying graded coins if they are a key date that may be faked or overgraded. Always educational Daniel. Thanks for the great videos. Your collaboration with Robert of CoinOpp is fantastic. Now we need a video on the top reasons to buy a graded coins.
@arnoldmooney8143
@arnoldmooney8143 Жыл бұрын
This was very informative. I'm sure you are appreciated by many many collectors.
@michaelpugh4894
@michaelpugh4894 4 жыл бұрын
Excellent advice. Never thought of that. You are the best coin teacher/ dealer on this platform.
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Thank you
@coincollectingfun
@coincollectingfun 4 жыл бұрын
Excellent video! I had never looked at it this way before, but my eyes have now been opened.
@bradtankersley4867
@bradtankersley4867 5 ай бұрын
but my eyes have now been opened. Yeah. Dan Yell is fulla u know what.
@marksd5650
@marksd5650 Жыл бұрын
I love raw coins. If I buy a slabbed coin, I break the coin out as soon as it arrives to my house. In fact I love middle to lower quality coins because of their character. I have a 1903 Morgan on the way that’s coming out of its slab, same with a 26s Buffalo nickel. And I’m also on a fixed income and have no ability to buy $250/300/500 coins. Best Regards
@Jamesvandaele
@Jamesvandaele 4 жыл бұрын
Most people who buy coins don't really know the value of an unslabbed coin. They increase the value of higher end coins and it's hard to sell an ungraded coin over 2x gold value or 5x silver value or more than $200 on base metal. But for me, the biggest problem with graded coins is simply the extra cost that has to be added to offset the cost of grading. If you are buying the coin for the coin, then buy the coin. Slabs are used to hoodwink buyers into buying the markup unessicarily. Whereas from a business perspective it makes sense because that is where the market is, you still are forced to upsell the holder and not the coin.
@mikenelson7894
@mikenelson7894 3 жыл бұрын
Expert advise is always appreciated. Thank you for your contribution to the community 🙏.
@welchkoservices4200
@welchkoservices4200 3 жыл бұрын
Why you should buy slabs. Premiums. $38 ASE BU $40 slabs, random years ms69
@HOOVER11
@HOOVER11 4 жыл бұрын
As always great information. Thanks for stopping by the auction last night. Have a great day Daniel.🙂
@check1mate1
@check1mate1 4 жыл бұрын
NGC and PCGS grades are WIDELY accepted. The vast majority of the coin buying public won't question a grade from one of these two companies.
@richardweil8813
@richardweil8813 2 жыл бұрын
And their websites should confirm that the slab and coin match. That's no guarantee the slab isn't a perfect copy, but it's a good start.
@Cinemaniac87
@Cinemaniac87 2 жыл бұрын
@@richardweil8813 i was under the assumption toning value was based on the buyers preference that there was no set value for tones unless toning indicated damage or cleaning.
@borisbuliak3626
@borisbuliak3626 2 жыл бұрын
@@richardweil8813 your point bears repeating “there’s no guarantee the package isn’t fake” up and until you check on the website, personally. I’ve seen very nice fake Rolexes, but they can’t even come close to faking the packaging, go figure
@blake7587
@blake7587 2 жыл бұрын
Sometimes the older slabs even get a premium because people say they graded more conservatively back then. So what might have been given an MS64 grade back in the 1980s might get an MS65 today. Sometimes that one grade can increase values by ALOT of money.
@troodon1096
@troodon1096 Жыл бұрын
No company should ever go unquestioned, regardless of their reputation.
@SilverSeeker
@SilverSeeker 4 жыл бұрын
Awesome Video Daniel, you rock thank you!
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Anytime! No explosions but I leave that up to you!
@SilverSeeker
@SilverSeeker 4 жыл бұрын
@@CoinHELPu LOL fair enough :)
@everettwhite9874
@everettwhite9874 4 жыл бұрын
Silver Seeker I watched your video and Daniel's video tonight. Fair perspectives from both of you guys, slabbed v unslabbed. Lol There's always going to be a time when we must decide to choose between buying a slabbed or a raw coin. It was interesting to hear the different reasons you guys gave in your respective videos. Thanks Daniel and Silver Slayer. 👍🏽👍🏽
@heidigib01
@heidigib01 4 жыл бұрын
Wow, that’s low, people making fake slabs! That’s my security blanket shredded! Thanks for the info, but how can we verify? How do we know?
@willweed6168
@willweed6168 3 жыл бұрын
I check NGC and look up the number on the slab. I dont buy them often but I pick them up if I see a good deal.
@texas_germanic7073
@texas_germanic7073 3 жыл бұрын
Yeah I got a good friend, he has been a coin dealer over 20 years that got burned, about 5 years ago, on about 20 fake slabbed common date mercury dimes , he showed me, he said since they were common dates vs key dates , he let his gaurd down and failed to inspect them as closely as he would have if they were key dates.....I think he lost about $120 bucks or so on that deal.....I have not forgotten that
@willweed6168
@willweed6168 3 жыл бұрын
@Blake no doubt. I picked one up from Ebay and it looked like the label was a fake and the coin had a huge scratch on it. The seller told me that is the reason for the MS69 lol. Sorry but it doesn't work that way so just return my bread.
@hankmoody7974
@hankmoody7974 3 жыл бұрын
@Blake Luckily it's getting harder. PCGS now has NFC built into all new slabs for extra verification.
@hankmoody7974
@hankmoody7974 3 жыл бұрын
@Blake I mean right, that's why I said "it's getting harder". Gold Shield has been around for a while, and both NGC and PCGS have photos of coins for a bit extra for quite a while. Fakes are usually pretty easy to spot. I've only been paying attention to coins again (for the first time since I was a kid) for about 6 months, and I can pretty easily spot most fakes they show in vids, even for coins/products I've never seen before.
@jclikespam7791
@jclikespam7791 4 жыл бұрын
I don't buy slab coins because I am a amateur. That's why this is great information for me. The more information the better!
@jjh5728
@jjh5728 Жыл бұрын
Ive been at this as a kid and later in retirement. Ive really learned a lot in the past two years by accessing sources like Daniel. I have read so many articles about coins and have learned a ton off the internet on established honest sites. I have not found a local coin dealer that I trust and can create a friendship with. So I scour You Tube, coin sale sites, and so far Ive been lucky and not been ripped off. I have my coins weighed and measured for proof of authenticity.
@jbb823
@jbb823 4 жыл бұрын
Guys like you and Robert Lawson are bringing integrity and sanity into the coin collecting world! Nice video, great info!
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Thank you
@davidashcraft5287
@davidashcraft5287 3 жыл бұрын
I agree, Daniel & Robert both have taught me more than everyone else on the web and off. When I have a question I don't go looking around for answers, lord only knows what you'll hear. I just go to CoinHELPu and chances are Daniel already has something on KZbin about it. If not I'll check out Robert, I would almost bet one or both of them has plenty to teach someone willing to listen and learn.
@mindseyeproductions8798
@mindseyeproductions8798 Жыл бұрын
the "international numismatic bureau" the slabs with the green tags on white foam; those tags can be easily removed with a heat from a hairdrier or a better a heat gun on low (300-325) the tag will go all black then it comes right off.
@LOVE2Flute
@LOVE2Flute 2 жыл бұрын
Thanks! I’m a brand newbie at touching coins. I actually took a hammer to a slabbed coin trying to break it out so I could place it in an awards type gift box. I stopped and decided to check your videos out before going any further. Gosh I’m such a dork. Well it’s a gift to my son; I’ll just give him my untampered one. No harm no foul. Thank you for the lesson. If I would have broken the case open, what would that have done to the authenticity or certification of the coin. All bets off?!?
@waynewheeler379
@waynewheeler379 3 жыл бұрын
Great video! Thanks for the info. I'm a new collector and there is a real strong draw to go for slabbed coins (even over buying directly from the Mint) to be able to assess coin values, especially for resale or to help educate those who may inherit them. I've seen your video regarding AI software to grade coins. I do hope that the industry goes in that direction.
@darykinnaman2319
@darykinnaman2319 3 жыл бұрын
I had one, the salesman from Gold Bureau told me this was a rare coin and it would go up in value. I have a lot of silver, but I could never get a true value on what that coin was worth, I only knew what I paid for it. I ended up giving it to a friend for his birthday, I will stack for the spot and be happy with that. I like knowing what my stack is worth at any given time. I paid $141.00, it made a nice gift.
@SkywatcherSandra
@SkywatcherSandra 4 жыл бұрын
Ty Daniel for sharing your thoughts and knowledge with us ALL. I appreciate your time. HUGS and blessings for ALL
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Thank you!
@bigfootsilverhideseeker2856
@bigfootsilverhideseeker2856 4 жыл бұрын
Another good one Daniel! I rarely purchase slabbed anything! There are times when I am discouraged with the Hobby.... I love coin roll hunting and attending LCS/ Coin Shows. Auctions and Trading are cool as well. Indeed there are just as many good/ Bad coins as there are good/ Bad people LOL. Thanks for sharing!!
@davidho2977
@davidho2977 3 жыл бұрын
Is is possible to find anything doing roll hunting? My experience is that there's nothing there.
@larryjoe1357
@larryjoe1357 4 жыл бұрын
Thanks Daniel for the video. You do a great service for this community
@c17360
@c17360 2 жыл бұрын
If you ordered any coins and they are shipped from China, you can kiss your $ goodbye. The counterfeiters are killing this hobby.
@michaellooney1089
@michaellooney1089 Ай бұрын
SLABBING is killing this hobby! It's a complete CON. I would NEVER use it.
@HeleneSecret
@HeleneSecret 3 жыл бұрын
Thank you for taking the time to teach us!💕
@AlanLastufka
@AlanLastufka 4 жыл бұрын
I only buy slabbed coins (or coins from the mint and send them in for grading), but I do agree with a lot in this video.
@cardaveux
@cardaveux 2 жыл бұрын
I do the opposite. No slabbed coins in my collection but i live in Switzerland and slabbed coins are not popular/common in my country.
@pncfloyd86
@pncfloyd86 4 жыл бұрын
Great content as always, thanks for taking the time to lay all of this out for us!
@itsjim2875
@itsjim2875 2 жыл бұрын
Thank you, Daniel! Great message!
@rogerparham9599
@rogerparham9599 4 жыл бұрын
Ty you for all the great videos and info, keep up the good work
@b-man1232
@b-man1232 Жыл бұрын
STAY AWAY FROM SKYLINE COINS!!!! They dip/clean their Morgan's!! I've been beyond burned!!
@bretrugg7841
@bretrugg7841 3 жыл бұрын
I assembled a set of PR-66 Liberty Nickels 20+ years ago. I have watched them steadily decrease in value over this time, one, because the market hasn't been great for non-gold or non-silver coins AND two, they are finding more high grade coins that increase the population and decrease the value. I do believe there is a fair amount of "churning" where folks are removing coins from slabs and resubmitting them, which increases the population count (but not the actual population.) And, my pretty PR-66 coin is nice but it isn't CAM or several of the other new "premium designations" that are popping up. So, they remain in the bank vault for some future generation.
@richardweil8813
@richardweil8813 2 жыл бұрын
That's too bad but these sets can be cyclical and return to popularity; a long view is frustrating though. Classical silver commemoratives (1892-1954) collapsed from their highs in the 1980s but may be coming back. If you set includes the key dates (1885, 1886, 1912-S) those should hold up over time.
@georgematthews2877
@georgematthews2877 4 жыл бұрын
Morning Daniel!!🍵 Ur in fine form today!😊 I like having my key dates in slabs, but you forgot to mention that slabs make one's albums too lumpy, yuck, yuck!!🤣
@davidho2977
@davidho2977 3 жыл бұрын
Do they make albums for slabs?
@georgematthews2877
@georgematthews2877 3 жыл бұрын
@@davidho2977 Yes!
@georgematthews2877
@georgematthews2877 3 жыл бұрын
@@davidho2977 Try Lighthouse Coin Supplies.
@ET-yr6st
@ET-yr6st 4 жыл бұрын
Great video, I'm new to collecting and this information helps me immensely . Thank you so much.
@omart8073
@omart8073 Жыл бұрын
Thanks for the info. It is very valuable.
@michaelcash3827
@michaelcash3827 Жыл бұрын
Thank u. I'm new to this awesome stuff
@zahidnadeem7735
@zahidnadeem7735 Жыл бұрын
Nice and informative Video Best wishes from Germany.
@kalfaxplays7899
@kalfaxplays7899 3 жыл бұрын
i don't have a single slabbed coin, and don't really want one. i avoid them like the plague.
@keepitreal2044
@keepitreal2044 3 жыл бұрын
Why are you so much afraid of PCGS or NGC certified products?
@parallaxview47
@parallaxview47 4 жыл бұрын
I’ve always been somewhat skeptical of some of the big name coin sellers grading their coins. Maybe over grading them to make a sale. This confirms me suspicion that it’s true. Thanks Dan. Great video.
@TLVESPA
@TLVESPA 16 күн бұрын
Thank you, sir! Great information!!!
@michaelmohrle1773
@michaelmohrle1773 2 күн бұрын
I like em all, slabbed, regular holder, new stuff like Tudor beasts from Royal mint, classic American silver, pre 33 gold, new Royal mint 24k gold, Goldbacks....Only thing I don't really like are generic rounds.
@b-man1232
@b-man1232 3 жыл бұрын
I have been SO burned buying raw Morgan's (early in my coin collecting hobby) that it's INSANE!! I bought most from a large dealer who sends out the really fancy catalogu e each month.
@jjh5728
@jjh5728 Жыл бұрын
You wouldnt be talking about Littleton Coin would you? They have slick marketing and a good supply of coins for sale. However, the coins in almost all cases are vastly overpriced. I called them out on it and got so hokey pokey answer that they supply the best customer service.
@b-man1232
@b-man1232 Жыл бұрын
@@jjh5728 that's one of many. I SERIOUSLY have at least 35-45 raw "BU" Morgan's...according to a local dealer, almost all cleaned!!!😡
@b-man1232
@b-man1232 Жыл бұрын
@@jjh5728 - Stay Away from Skyline Coins!!!
@YoungMisterSterling
@YoungMisterSterling 3 жыл бұрын
appreciate your candor, learning alot thank you
@davidcall9165
@davidcall9165 3 күн бұрын
I wonder if AI will be available to grade coins , and be more correct and no human error? love this guy, very honest. Thank you for all your information.
@rvnmedic1968
@rvnmedic1968 Жыл бұрын
Take a MS70 coin graded by one of the top tier companies and compare it to their MS69 coin and tell me the difference. And if the coin is scarce or rare, the point differential value can be enormous. I've been collecting error coins and you see people selling a common coin and listing it as rare. I know the difference but there are a lot of relatively new collectors who will pounce on the ad. They can't do that if it's slabbed. Good vid, although you are throwing around terms like dimple, etc. that could confuse new collectors.
@michaellooney1089
@michaellooney1089 Ай бұрын
MS is all FANTASY rubbish!
@MikeSmith-yo9ch
@MikeSmith-yo9ch 4 жыл бұрын
Thank you Daniel . I like Slabbed coins . I have made more money buying raw coins and cherry pick the best ones to have graded . I agree the grading companies need to catch up with the times and have better grading standards . So we don't have over graded and under graded coins , which make a Big price difference on key date coins . I hope everyone has Great Luck Buying , Selling and Collecting coins .
@johnmoore411
@johnmoore411 4 жыл бұрын
Great video !! I think a slab would be safe for a more expensive or rare coin you can’t always tell if buy photos I have seen quite a few nice coins and zoomed in on label to find out it’s been cleaned improperly
@TheDurnans
@TheDurnans 4 жыл бұрын
I am not a coin collector who likes to look at the coin through plastic. I like to hold it, weigh it, etc. I can see where some people might like their coins verified, but then it's in a plastic container never to be held again. It's like a little coin zoo. It takes the coin out of its natural habitat.
@jpsned
@jpsned 3 жыл бұрын
I agree!
@tamtamvercher5433
@tamtamvercher5433 4 жыл бұрын
"The reason isn't because they fall over" 🤣,🤭. I like that you have got comfortable doing KZbin videos and have a sense of humor! I bought some 1961 sets off your website, nice inventory! Can't wait to get them! I'm going back to see if you have a newsletter for new products, if not you should👍.
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Thank you and yes I do have a newsletter.
@lawlorie24
@lawlorie24 4 жыл бұрын
Slabbed coins is like synchronized swimming very subjective and not to everyone tastes.
@hbendzulla8213
@hbendzulla8213 4 жыл бұрын
Excellent informative tips for a beginning collector to should watch out for. Thanks David.
@jeffw1267
@jeffw1267 4 жыл бұрын
At this point I ONLY buy slabbed coins. It helps if there are hi-def photos for me to look at online. It's important to be careful though because it seems all the big guys (PCGS, NGC, ANACS, and ICG) have loosened up on their grading lately. You're right about the coins turning in holders. I've got a few coins that have toned or developed light spotting over a period of years while in their slabs. PCGS has a Gold Shield slab which is supposed to be air- and water-tight (I have one that I bought for $8 and it's been immersed in a tub of water since I got it about three weeks ago. The coin appears to be unaffected). I hate seeing dealers and collectors slamming their slabs together. It's disrespectful. Slab protectors only cost a few cents each.
@CoinHELPu
@CoinHELPu 4 жыл бұрын
It seems one person mentions that PCGS is loosening or tightening up their standard to a couple people at a coin show and it spreads like the Gospel. No way to know what PCGS is doing, they do the same thing as any business, try to make money. No evidence they get more conservative or less. Just someone guessing.
@check1mate1
@check1mate1 4 жыл бұрын
I just stick with NGC or PCGS. All the reasons you gave could also apply to loose coins. Never had any problems with slabbed coins.
@PirateStacker
@PirateStacker 3 жыл бұрын
Great info man, I'm currently collecting Slabbed ASE's, really like em'! Appreciate the heads up on this stuff...
@geraldbusby9093
@geraldbusby9093 3 жыл бұрын
What is ASE
@jeremyhalstead6996
@jeremyhalstead6996 4 жыл бұрын
I love slabbed coin too! Hate scratched holders! Awesome video!!!
@americanfortruth
@americanfortruth Жыл бұрын
I learned my lesson on an anacs 1889cc, they were very rare, couldn't even find them except in ag03, so I bought this from a dealer online I had good luck with previously. well I dropped it and the slab just popped open and a week later they started popping up all over in roughly the same grade in ANACS holders, I've had it for years, I guess it's about to send it in to see if it's even real.
@suec3215
@suec3215 11 күн бұрын
Great video! Thank you for sharing your knowledge on this.
@defiantsisko
@defiantsisko 4 жыл бұрын
Whether a slabbed or raw coin, always always always buy the coin not for the grade the holder or dealer says but for what you see and believe about the coin. Coins within a certain grade always have differing eye appeal or luster. After all it is your money that will be spent to get your coins, your opinion counts for a lot.
@calogan4219
@calogan4219 2 жыл бұрын
Nice exploration of slabbing... mention of breathing and sneezing is an interesting one, especially when watching video of NGC graders at work without masks! How is that happening? I've owned slabbed coins for decades, and when I purchased them they were GEM, and now all these years later they have spots, clearly they were breathed upon, either by the original owner or the grader. The coin dealer from whom I regularly bought coins back in the day warned me of this, so if possible I try to buy coins slabbed many years ago. I do wonder how many years after being slabbed a coin can reasonably be declared SAFE from the potential for spots showing up.
@smc3165
@smc3165 4 жыл бұрын
I recently purchased my first and only slabbed coin from eBay. In my situation the slabbed coin was $9.00 higher than the ungraded coin (buy it now), so I figured why not. I'm happy with having 1 graded coin in my small collection.
@simplybeef8232
@simplybeef8232 2 жыл бұрын
Auctions are where you get the best deal and then I just take it to a local store to authentic it within a day or two
@MCC4RTHY1
@MCC4RTHY1 4 жыл бұрын
Was super confused on this vid on why we shouldn’t buy slabbed coins
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Did watching it clarify that?
@busterbiloxi3833
@busterbiloxi3833 Ай бұрын
The guy said that he liked slabbed coins, and then gave six reasons why not to buy them. The man is confused.
@southerncoinhunter
@southerncoinhunter Жыл бұрын
There is a standard system for Grading coins set By ANA. What would be nice if the Grading services would explain thier Grades
@invoxicated
@invoxicated 3 жыл бұрын
You should do a vid on how to spot fake Chinese PCGS & NGC slabbed coins if you haven't already. I like both too. Raw and slabbed. But slabbed are the hardest to authenticate due to the fact you can't physically examine the coin. Also with all the super duper computer technology why have they not come up with a computerized coin grading software program? This would eliminate human grading differences.
@mitchdickson254
@mitchdickson254 4 жыл бұрын
Your forgetting a couple other reasons not to slab. First, slabbed coins are NOT for collectors. They are for people who don't know anything about coins!!! Those who need others to tell them if it's real and to grade it for them. Collectors don't need any of that. They can grade it themselves and that $30 piece of plastic is just in the way! Plus, you can sell your coins for $40 less if they are not slabbed and make the same money!!! If the dealer wants to drop money on a slab, let him ;) To me, if it's not going north of $150 forget the slab. Even then, if I can get $125 unslabbed and he can get $150 slabbed, I am better off :)
@CoinHELPu
@CoinHELPu 4 жыл бұрын
I must not know anything about coins! I love them. Bulk submission I only have $9 to $12 in each coin. I have made tens of thousands on coins I had graded. Worth much more in those holders. One sold for 40 grand
@scottholliday9308
@scottholliday9308 4 жыл бұрын
When I send coins out for grading, I pay extra for scratch resistance cases. Great video Dan.
@slicksilver9441
@slicksilver9441 4 жыл бұрын
That's neat. I had no idea there were scratch resistant holders. I'll look into that
@jeffw1267
@jeffw1267 4 жыл бұрын
I've never heard of that but I bet people would pay a lot extra for a slab with Gorilla Glass in it or something. If I buy a slab in scratch-free condition, it stays scratch-free. It's not too difficult. Some people just don't seem to care, though.
@scottholliday9308
@scottholliday9308 4 жыл бұрын
@@jeffw1267 I believe it $5.00 extra for each case.
@scottholliday9308
@scottholliday9308 4 жыл бұрын
@@slicksilver9441 I know NGC carries them, not sure about the other grading services.
@aztecluvcoins8775
@aztecluvcoins8775 4 жыл бұрын
Hmmm, I didn’t know that......thanks for sharing 👍
@navagatingthroughthebeasts2908
@navagatingthroughthebeasts2908 Жыл бұрын
I've been buying slabbed 40 50 wheats MS 65 66 off ebey at decent price I think $19-27 . I realize that's a very common grade on common coins but I like em
@KB-ks8jv
@KB-ks8jv 4 жыл бұрын
Thank you for that information... great video!!
@JoeDurbin
@JoeDurbin 4 жыл бұрын
Great Stuff Daniel w/ some good humor thank you for sharing your time and knowledge! have a Great Day!!!
@CoinHELPu
@CoinHELPu 4 жыл бұрын
Thanks and you too!
@ericcasagrande
@ericcasagrande 3 жыл бұрын
You raise good points in your video. Thanks for your input.
@phenotypical7169
@phenotypical7169 4 ай бұрын
The biggest value I have seen for purchasing slabs or having raw valuable coins slabbed, beyond what was stated, is family understanding if something were to happen in your life. Example, let’s say Johnny established a solid future based upon his expertise and collecting over many years. He has many coins! If his significant other, family or some type of executor has no clue or knowledge of any value. The investment can potentially be lost due to that lack of knowledge. Whereas, if the majority were slabs, it provides a much simpler version of investigation and valuation which could be the difference in that investment. It is strangely like an insurance that some valuables won’t be misinterpreted or lost in translation to collectibility or potential value. Do it for the family who rolls their eyes every time we make that purchase! They will appreciate it later, hopefully, much much later!
@ECP
@ECP 4 жыл бұрын
GREAT VIDEO DANIEL KEEP UP THE GREAT WORK MY FRIEND
@ronschneider1870
@ronschneider1870 4 жыл бұрын
Good morning Daniel! To buy or not to buy slabbed coins is the question! Everyone is different! I buy slabbed coins for the reason that they will always provide the best protection for the coins. If its good enough for the serious collector, it's good enough for me! Your most expensive and rarest coins are in slabbed holders in the highest grades!
@robperry1745
@robperry1745 4 жыл бұрын
The whole point about collecting is immediacy and slabs destroy that. Only get a TPG if a coin must have such a condition as part of its sale.
@jbga.6178
@jbga.6178 3 жыл бұрын
That spot you see on your slabbed coin could be a 'sneeze' mark. lol.
@randyfoss3040
@randyfoss3040 3 жыл бұрын
Thanks Daniel , yet more info from you and did find a 1965 nickle with 2 Ts at the end of trust , I look at 1000 coins a week being disabled and collecting for my grand twins, have sold some n collected more great coins due to your video,s ,
@wasillastacker
@wasillastacker Ай бұрын
I don't have any slabbed coins in my stack. Almost felt the need this morning to buy a couple of slabbed slabbed first strike eagles for $48 each. But at the last moment I decided I didn't need to spend that$50 an ounce so I purchased a 10 oz RCM bar instead.
@christopherterry5457
@christopherterry5457 4 жыл бұрын
Damaged or scratched holders are not a problem. You just send them in and get them in a new holder for a few bucks.
@edgarrodriquez3978
@edgarrodriquez3978 2 жыл бұрын
Thanks for the info. I like slabbed coins too.
@tomsullivan-kc4fb
@tomsullivan-kc4fb Жыл бұрын
I will pay a little more for a 'slabbed' coin because there is some value in regard to authenticity. A coin usually won't be professionally graded if there isn't some numismatic value in regard to rarity or condition. Spot price determines the base for precious metal coins, but actual value above spot is subjective, so you do have to be careful. As happy as you are to buy that rare, AU 58 coin, there is a dealer who is equally as happy to sell it to you.
@DLHalverson
@DLHalverson Жыл бұрын
Useful info .
@patrickm8877
@patrickm8877 4 жыл бұрын
I prefer graded slabs for authenticity. My collection is 60% slabed 40% raw modern coins ASEs, w quarters, low mintage silver and clad coins. The big money people want Authentication in pcgs or ngc slabed coins period. Don't be naive pay attention and watch what you are doing. And above all learn the business about what you are interested in. Another great video Thanks.
@SuperDagod1
@SuperDagod1 2 жыл бұрын
If you are sure and have a real one, it is nice to have a slabbed coin you can hold and touch and not ruin the coin,
@leviorourke7498
@leviorourke7498 4 жыл бұрын
Before I watch the video. I'm bringing up oak island. Please tell me you're still watching them change north american history books?
@CoinHELPu
@CoinHELPu 4 жыл бұрын
I don't miss and episode!
@leviorourke7498
@leviorourke7498 4 жыл бұрын
@@CoinHELPu me either. I've wondered about that money pit since I was 11. They are really getting into so crazy stuff I didnt see coming
@kennethlarsen4805
@kennethlarsen4805 4 жыл бұрын
I believe the treasure was found by the 3 guys that originally did the digging by hand. They divided it up and didn't tell anyone. My opinion only.
@leviorourke7498
@leviorourke7498 4 жыл бұрын
@@kennethlarsen4805 it's possible. Either way I'm stoked to know for sure about the deal money pit. But, I really like all they are finding as to relics and structures. Those pieces of history are treasures for sure. Either way let's wait see who they prove left the treasure and who built such an elaborate system to protect a treasure, and what was so important
@PRS-qh5jf
@PRS-qh5jf 3 жыл бұрын
Good show. One of my favorite docu-shows out.
@johncrace911
@johncrace911 Жыл бұрын
t I like to buy slab NGC Morgan dollars. It is not easy to get straight graded coins when you submit them.
@Stack_Silver
@Stack_Silver 3 ай бұрын
I know this is an older video and maybe your view has change, maybe not. But I find the most typical person who dislikes slabs are dealers. While I am quite comfortable determining coin grades and don’t require a slabbed and graded coin for certainty,, many people are not and rely on propley graded coins in authentic slabs from reputable grading services that typiclly provide an accurate assesment of the coin’s condition. Now back to my comment about dealers, and please understand I am not saying ALL dealers but many I have personally dealt with over the decades at shows and in shops in my years of travelling to buy and sell coins, I have met an unscrupulous amount of dealers. Dealers who who would rather underpay for an ungraded coin that they insist is a lower condition (when it it not), than rather be presented with a slabbed coin from a PCGS or an NGC for example, and puts a detour to a blockade to their under-assessing coin condition practice. So for many, I say stack those slabs.
@CoinHELPu
@CoinHELPu 3 ай бұрын
You misunderstood. I never said I didn’t like slabbed conns in this video. I love slabbed coins. I submit coins all the time and do videos on the submissions. So you got to watch the entire video.
@Stack_Silver
@Stack_Silver 3 ай бұрын
@@CoinHELPu I watched the entire video, but more reacting to your video’s title that you chose to use.
@284Winchester
@284Winchester 4 жыл бұрын
I buy each child in my family a silver eagle for a high school graduation present. Not slabbed just a coin in a regular plastic coin holder. It’s kind of humorous they look forward to it now that I’ve been doing it for going on 10 years The only two slabbed coins I bought were for my own two children I got them a MS 70 slabbed coin because they were MY kids and I wanted to get them something to set theirs apart from the other family members.
@timothylongmore7325
@timothylongmore7325 4 жыл бұрын
I do that to for christmas and birthdays. A hundred dollar bill and 5 silver coins , usually pandas or kooks. About 5 years in all still have their coins. None collect yet but with their student depts I'm not surprised.
@WiLNorCaL
@WiLNorCaL 10 ай бұрын
I wouldn't buy slabbed coins, but with the number of counterfeit coins and dishonesty in the coin industry, the average collector is forced to buy slabbed. And then, your still susceptible to a fake.
@jager6863
@jager6863 3 жыл бұрын
Thanks for all the good info
@marymastromauro8164
@marymastromauro8164 2 жыл бұрын
So how can you tell if a stabbed coins in a legit holder?
@sangerrs
@sangerrs 4 жыл бұрын
Great video and advice as always thank you God bless
@tridentstacking
@tridentstacking 3 жыл бұрын
Thank you, great information
@danbrower7755
@danbrower7755 4 жыл бұрын
I should have seen this 10 years ago, but as stubborn as I can be, I likely would not have listened anyway. Great video!
@pauld8790
@pauld8790 4 жыл бұрын
I got some PCGS Eagle ms69 for about the price of the raw ones so I just picked them up 20 of them for $390
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