The slabbing thread

[wwwww]

There certainly aren't lots of quality pre-decimal or gold coins appearing at public auction as of late. The November 2012 Noble's auction was the last major auction I attended that had a good offering of quality pre-decimal.

[markn]

Have a look at the Roxbury, Noble or Downie auctions and you will find lots of high grade coins unslabbed.

Go and look at them.  Catalogue "high grade" often bears little relation to actual high grade.

[trout]

Have a look at the Roxbury, Noble or Downie auctions and you will find lots of high grade coins unslabbed.

Go and look at them.  Catalogue "high grade" often bears little relation to actual high grade.

So what are we saying here?
Have  ALL the dealers high quality coins gone in slabs?
That only leaves the odd gem to be found on eBay for us plebs  and the dealers are actively bidding on these to add to their slabbed inventory :dash1:

[markn]

Have a look at the Roxbury, Noble or Downie auctions and you will find lots of high grade coins unslabbed.

Go and look at them.  Catalogue "high grade" often bears little relation to actual high grade.

So what are we saying here?
Have  ALL the dealers high quality coins gone in slabs?
That only leaves the odd gem to be found on eBay for us plebs  and the dealers are actively bidding on these to add to their slabbed inventory :dash1:

I am saying that you have a much better idea of a the quality of a coin when it is in a PCGS slab than when you do when it is raw and described as "gem unc" in an Australian coin auction catalogue.  My thinking is that PCGS has graded just a small fraction of good Aussie coins, there are still good 'uns out there.

[trout]

there are still good 'uns out there.

:yahoo: thank the gods for that :good:

[MobOfRoos]

Have a look at the Roxbury, Noble or Downie auctions and you will find lots of high grade coins unslabbed.

Go and look at them.  Catalogue "high grade" often bears little relation to actual high grade.

I have looked at them , and that is why I only included the above three auction houses. I have found their grading very reliable. IAG are another good one where I have bid online and picked up some very nice high grade coins which don't have the huge TPG price premium.

In the end it is each to their own but I think it is inaccurate to say that all the nice coins are in slabs. That is clearly not the case. For those of us who don't obsess about whether a coin is MS63 or MS64 there are still a lot of nice unslabbed coins out there.

[wwwww]

If you're so confident TPG coins have huge price premiums then why don't you send a few coins over to PCGS? Surely it's only reasonable to make an attempt to verify your claims before declaring them as fact.

Every collector I've met who has sent a reasonable amount of coins to PCGS has ended up supporting PCGS, most of them stopped buying uncertified coins altogether. There's a certain realisation that kicks in when you get your grades back and you realise if you had bought PCGS graded coins only, you could've had the coins in the same condition for less than half the price.

There are good coins that appear at auction, but they go for multiples of the estimates. It is extremely rare for a good coin to go unnoticed.

[ausjack]

this was very interesting and some really good points made, thanks team :good: