The Real Deal: Slabbed Coins
Are you a coin collector? This post is for you. READ ON.
As a coin collector, you probably already know what coin class or grade should be included on your collection. Picking a great coin is part of our joy — but we all know that this can be tricky at times. Especially when it comes to slabbed coins, or certified coins graded and encapsulated by third-party grading services.
Here are some facts on slabbed coins that might help you in making the right decisions for your coin collection:
#1: SLABBING DO NOT HAVE A COMPLETELY FIXED GRADING SYSTEM
The grading services may indeed have striven for completely fixed, totally consistent grading standards. But the realities of the marketplace–and of the slabbing business–have at the very least created the perception that the standards have not remained fixed. It could depend from coin to coin and is ever changing as new methods are being implemented.
Pro Tip: Though there is no fixed grading system, it doesn’t mean that they are not reliable. Grading services has been in this business for years and they can easily pick out what a good coin is.
#2: SLABBED COIN HOLDERS ARE NOT EASY TO CRACK
Once certified, coins are placed in sonically-sealed cases to protect them, and they’re meant to be permanent. Some collectors would want to crack open these cases in order to resubmit them in quest of a higher grade. It takes a great deal of time and effort to remove a coin from a slab–and it takes even more time and effort, combined with practical experience, to avoid damaging the coin in the process.
If you want to crack your coins out of slabs, we suggest entrusting this job to a professional.
Pro Tip: Though the cases are meant to be permanent, they are not completely a promise for the coin not to deteriorate. Other environmental factors should still be considered for your collection.
#3: GET GREAT DEALS WITH $1 AUCTIONS
Here at PropertyRoom.com, slabbed coins are mostly auctioned off starting at only $1. On a regular basis, our listings are full of certified coins from the top 2 grading services — PCGS and NGC. You are sure to find great deals on unique and hard to find coins.
Pro Tip: Start bidding NOW.
