Crack or Laminate error???

[enworb]

Im not advocating for this coin to be sent to PCGS just saying that for some unique errors its not a bad idea.

[Fulvio]

I hate to disagree, but I do think its a bad idea, and here's why.

Grading services exist because they can make money off ignorance. People are unable or unwilling to grade for themselves, and will happily pay someone else to do it. The problem is that if everyone decides slabbing is necessary, it becomes a tax on every coin. Any coin not slabbed gets downvalued considerably, and therefore the pressure is on to get everything graded.

That might be fine for investment bankers trading in what's just another commodity to them, but we're supposed to be collectors, aren't we? We shouldn't be making it any easier for the bastards, either the ones grading or the ones demanding it. And sending off things like unique errors just encourages them.

No, the only justification I can see is if you are selling something rare enough that a very slight variation in grading makes a huge monetary difference. In such a case the difference between the seller's grading and the buyer's can be a fortune, so bringing in an umpire to call it makes some sense.

But seriously, how many such coins do most of us possess?

[trout]

Fulvio Mate I could not agree with you more:yahoo:
I have been an anti slabber or slobber ( a well known entity on CCF used to use this term, God rest his soul) since its inception, for exactly the reasons you have stated in your post.
Good to know That I am not the only member on this  site that has a set of balls to say how they feel on the slabbing issue without fear or favour :yahoo:
Well done Mate :good:

[Nevol]

The 2007 $1 was a gift from a forum member, I bought the 1985 $1 on Ebay.

[robbiegal]

that is what I love about errors Nevol
they add variety to your collecting
and I got into errors after noticing the coins that i'd remove from my albums - i'd remove the ones with mistakes on them
after time I learnt that the mistakes were almost more fun than the perfect ones