I die a little inside when I see people slabbing "regular" coins (like BU coins with a massive/unlimited mintage).
It really makes me wonder what the mindset of the owner is - have they been brainwashed by the soothsayers who push this slabbing/grading agenda and they're hoping to sell this coin for a massive profit? Or are they trying to preserve the coin in "pristine" condition?
Either way, slabbing the cheapest, non-distinct coin on the market (e.g. 1oz Athenian Owl, or 1oz Philharmoniker, or even a 20z Queen's Beast) is madness! Like putting lipstick on a pig.
When that coin passes thru the hands of each of the 6 inspectors/assessors at the grading company, I don't think it impresses them.
" Oh look... an Athenian Owl. BU. Mintage 5 million...... Grade? 69! NEXT! Queen's Beast. BU. Mintage 1 million...... Grade? 62! NO SOUP FOR YOU!!! NEXT!!!! "
Now a decision has to be made: to go out alone, or take the family out first?
Thou shall not slab all bullion coins unless the mintage is low, collector market is big and the design is great. 😂 The grading fees is just abit too high unless you know the collector market. A slab coin takes up more space and storage will be a problem.
you have a very nice picture.
@shadowstack
I die a little inside when I see people slabbing "regular" coins (like BU coins with a massive/unlimited mintage).
It really makes me wonder what the mindset of the owner is - have they been brainwashed by the soothsayers who push this slabbing/grading agenda and they're hoping to sell this coin for a massive profit? Or are they trying to preserve the coin in "pristine" condition?
Either way, slabbing the cheapest, non-distinct coin on the market (e.g. 1oz Athenian Owl, or 1oz Philharmoniker, or even a 20z Queen's Beast) is madness! Like putting lipstick on a pig.
When that coin passes thru the hands of each of the 6 inspectors/assessors at the grading company, I don't think it impresses them.
" Oh look... an Athenian Owl. BU. Mintage 5 million...... Grade? 69! NEXT! Queen's Beast. BU. Mintage 1 million...... Grade? 62! NO SOUP FOR YOU!!! NEXT!!!! "
Now a decision has to be made: to go out alone, or take the family out first?
i have yet to get a slab, i'm not truly big time yet !
Your Buddy Stokjockey just Voted you UP and Followed You. STEEM On my Brother. Don't forget to POWER UP.
Thou shall not slab all bullion coins unless the mintage is low, collector market is big and the design is great. 😂 The grading fees is just abit too high unless you know the collector market. A slab coin takes up more space and storage will be a problem.