Slabbed Aussie Coins - Is Now the Time to Buy Top Pop Coins?
Before I look at the answer to this question I should define what a 'top pop' coin is.
slabbed: the act of sealing a coin in a protective plastic case, usually performed by grading and certification services.
slabbed The process of sending a coin to a third-party grading service to have it authenticated, graded, and encapsulated in a sonically sealed holder.
Slabbed coins: coins encapsulated in plastic for protection against wear. Generally, "slabbed" coins are graded by one of the two major grading services.
slabbed
The process of encapsulating a coin in a sonically sealed holder.
splotchy toning ...
1922 (SLABBED) SILVER PEACE DOLLAR,,,,NO RESERVE
1923 S SILVER PEACE DOLLAR US COIN
Peace Dollar Complete Set +3 Original 1959 Lib of Coins ...
slab or slabbed - Slang for a holder holding a coin that has been encapsulated by a coin grading service. Usually, the coin will graded, authenticated, and encapsulated in a sonically sealed holder, often by a 3rd party grading service.
"Slabbed," as in "Do you have any slabbed Saints?"
Slabbing became one of the most ingenious innovations ever dreamt up in the annals of American numismatics.
- Slabbed coins offer advantages: Slabbed coins, while not solving the problem of grading as a precise determinant of market value, ...
Until 2009 slabbed relatively few ancients, but new ancients service began in January 2009, headed up by respected numismatic author and dealer David Vagi.
"If It's Slabbed It's Properly Graded"
False. There is a definite hierarchy when it comes to third-party graded coins. Clearly, PCGS and NGC are the two best grading companies.
Should one buy slabbed or raw coins? Keep in mind there are fake coins on the market, especially expensive key date coins. Set a limit that you are willing to pay for a raw coin and don't go over it.
coin terminology
slabbed coins
encapsulated coins
grading services
This is a coin that has been slabbed by NGC. The hard plastic holder is called the slab.
" Bullet Sale A new kid on the block, Bullet Sales are sales by auction of slabbed material. The auction house conducting the sale prepares a no-frills catalog and the sale takes place at breakneck speed. Consignors pay low commission rates.
The coin contained therein is said to be slabbed. slabbed The process of sending a coin to a third-party grading service to have it authenticated, graded, and encapsulated in a sonically sealed holder.
Site unseen auction bids are sometimes used when a coin is graded/certified by a third party grading service, such as with slabbed coins. slab or slabbed - slang for a holder holding a coin that has been encapsulated by a coin grading service.
The first reason, and this applies to all slabbed coins, is that a slabbed graded coin is now protected from further damage. Imagine taking out your best coin, a 1942-S Walking Liberty in what you believe to be MS-67 condition.
Site unseen bids are most prevalent when any concern over the grade is resolved by a third party grading service, such as with slabbed coins.
raw - means the coin has not been slabbed or certified reeded edge - The edge of a coin that has small reed like lines on it. relief - the part of the design that is raised from the surface of the coin.
Non-liquidity of unslabbed coins
Strong sensitivity of coin prices to small changes in grade
Dealer dilemmas
Unscrupulous dealers
Overpriced material on TV shopping networks
Dealer profit margins are too high
Over priced specialized packaging ...
In addition to strategically using information from population reports to hype a certain coin I have also heard stories of dealers having a small number of more common coins slabbed in hopes of passing them off to uninformed or new collectors as rare ...
Counterfeit and altered coins slabbed by major certification services are not unknown but are uncommon. The authenticity of a coin may be guaranteed by the company that slabbed it.
If you are like most collectors, most or all of your coins are in their raw unslabbed state. That means you might feel you are pretty much on your own.
With some research, you can determine what a coin sold for before it was slabbed by PCGS or NGC.
It is true that certain select coins, slabbed, and in the highest possible grades, with the lowest known populations will command a price in any market.
You can find great deals at online auctions on both slabbed (in certified holders) and raw (unslabed) Draped Bust coins, but make sure you have return privileges from the seller in case the coin in person looks different from the coin on screen.
Certified coins, also known as 'graded' or 'slabbed coins', are coins which have been examined by a coin expert working for one of the incorporated grading services, identified and given a grade, then encapsulated in sealed and tamper-proof plastic.
Set of 4 PCGS boxes Each box can hold up to 20 slabbed coins. These boxes have been cleaned of all labels and look brand new. These will be shipped separately from other orders and the shipping is free.
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Categories ...
Raw - a coin that is not encapsulated, (not slabbed)
RB - red-brown, a designation given by the encapsulation services for copper and bronze coins (but not billon coins) to designate a coin color that is neither red nor brown ...
Refers to a coin that is not slabbed or certified.
Restrike
A coin minted from original dies, but produced at a later date than the originals.
Raw coin: A coin that has not been graded or "slabbed" by a grading service.
RD: "Red", a term applied to a copper coin that has maintained 95% or more of its original color.
a coin that has not been graded or "slabbed" by a grading service.
Reeded edge
edge of a coin with grooved lines that run around the entire perimeter of the coin ...
This is because the price is very volatile, and the prices set for certified ("slabbed") pieces are set on well-established exchanges.
With the cost of having a coin certified, not may people are willing to send in less valuable coins to have them graded and slabbed. This is left to the few dealers who can afford to do so because of shear volume and discounts.
1854 (with arrows) Seated Half dollar (slabbed)
1855 O (arrows) Half Dollar
1854 Half Dollar (with arrows) ...
There are currently ten different categories of "nograde" classifications currently in use by PCGS. If a coin falls into one or more categories, it will be returned unslabbed. These categories are: ...
Wheel Mark
This is a small circular scratch on the surface of a coin caused by a coin counting machine. Wheel marks are considered damage and coins so marked cannot be slabbed.
With luster under old cabinet gun metal toning. This is a tough die variety, a bit ago only one or two slabbed by the major services higher. NGC has no O-106a listed in January 2005 Census report! Price on Request ( POR) ...
If you are going to purchase an expensive coin, a good idea is to buy a "slabbed" coin, i.e., a coin graded by an independent grading service such as PCGS or NGC. This gives the coin a more concrete value.
However, the recent discovery of the Valentine 1802 half dime, in Choice EF grade (now slabbed AU-50), would seem to obviate that theory, as it is unlikely that even Dr. Valentine himself could have located a finer example.
 See also: Coin, Grade, Collector, Grading, Dollar
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