Slab it or not?

Discussion in 'Sovereigns' started by bubblebobble2, Jun 6, 2020.

  1. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Just asking experts' opinions... I think this one is aXF close to aUNC...note that coin in plastic sleeve
    And how much? Cause I bought this one CHEAP, but ages ago
    Comments appreciated
    [​IMG]

    [​IMG]
     
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  2. heartastack

    heartastack Well-Known Member Silver Stacker

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    What's it cost to do that usually?
     
  3. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    $60-80AUD
     
  4. ozcopper

    ozcopper Administrator Staff Member

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    I'd say yes, because of the coin / year.
     
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  5. serial

    serial Well-Known Member Silver Stacker

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    yes, that is an above average example
     
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  6. JNS

    JNS Active Member Silver Stacker

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    If that is mine, definitely i will send for a slab.
     
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  7. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Hidayatk thx guys, I don't see it as being cleaned, any comment?
     
  8. ozcopper

    ozcopper Administrator Staff Member

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    Does not look cleaned from the photos to me.
     
  9. lunar

    lunar Member

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    It's a meh sovereign. But a slab might help allay fears that it's genuine in a market with many first time buyers.
     
  10. ozcopper

    ozcopper Administrator Staff Member

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    It's more than a "meh" sovereign due to it's year.
     
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  11. hardyakkagold

    hardyakkagold Active Member

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    I have sold a few slabbed sovereign's on eBay over the years and have found that only the choice uncirculated (MS 63/64) achieved the
    sort of prices that would make me consider slabbing one myself.
    But with yours being a Sydney Mint, and if you think that is close to Uncirculated grade then maybe go for it.
    I have a few Sydney Mint sovereigns in EF condition and would not consider slabbing any of them.
     
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  12. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Typical newbie...
     
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  13. lunar

    lunar Member

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    Your money mate. Ten of thousands of 1857s survive despite what the book says. I buy Type 2s as pure bullion like any other.

    When you next buy a cheap sovereign off someone, complete the deal and then ask if they have others. It's often the case that they have a folder of 2x2s or literally a bag that they inherited or have lost interest in.
     
    Last edited: Jun 7, 2020
  14. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Right'o mate... I'll sell you this one as bullion then? Want it?

    PS-never knew SOVs are pure bullion...I can tell you're such experts.
     
    Last edited: Jun 8, 2020
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  15. tongkat

    tongkat Active Member Silver Stacker

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    Me first?
     
  16. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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  17. lunar

    lunar Member

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    What else do you call them? All the dealers I know call them bullion sovereigns, from chards down.

    I see no point arguing. If I can still find technically average grade sovs this year - including two 1860s type 2 - for under spot then why can't you? Watching old members of this forum trying to buy and sell here and ebay etc just leaves me scratching me head and thinking 'what are you doing?'
     
  18. ozcopper

    ozcopper Administrator Staff Member

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    ^ LOL.
     
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  19. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Watch that guy!!! o_O
     
  20. serial

    serial Well-Known Member Silver Stacker

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    This lunar guy still at it. Wonder who he is trying to convince.
    Bubble mate, my best buddy.
    If you are going to take lunars sage wisdom on board and offload that coin for spot or less keep your old friend serial in mind :D
     
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