Opinon on slabbed/graded coins

Discussion in 'General Precious Metals Discussion' started by jamesgonewild, Mar 4, 2014.

  1. jamesgonewild

    jamesgonewild Member

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    Looking to buy a graded gold Lunar Horse.

    Just curious how these go when resold and would appreciate some general opinions/thoughts on them

    thanks :)
     
    jamesgonewild, Mar 4, 2014
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  2. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    My opinion is very low and see slabs only as marketing features of the organisation.
    I can understand that people want confidence but I wouldn't buy them.
     
    Naphthalene Man, Mar 4, 2014
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  3. screaming eagle

    screaming eagle Active Member Silver Stacker

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    Some people think a slab is a kind of 'insurance policy' to retain some premium if spot goes down. It really depends on the coin and whether or not you're after a numi or straight bullion. If spot skyrockets, no one will care if it's graded or not. Personally I don't care for them, but some people swear by them.
     
    screaming eagle, Mar 4, 2014
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  4. Altima

    Altima Well-Known Member Silver Stacker

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    Well if you can get them at the same price as the unslabbed ones why not?
     
    Altima, Mar 4, 2014
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  5. jamesgonewild

    jamesgonewild Member

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    Thanks for the thoughts!

    It's a proof coin, cheaper/close to the same price as the mint

    Still deciding whether the proof coins are worth the premium in the first place.
     
    jamesgonewild, Mar 4, 2014
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  6. VRS

    VRS Well-Known Member Silver Stacker

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    They go for much cheaper when someone at the grading co tips off their mate at the USPS sort facility, nicks 'em and breaks them out of the holder, I'm sure...
     
    VRS, Mar 4, 2014
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