Slabbed or Raw: Choosing Pre-33 Gold Coins.

Reading Time: 4 minutes

When selecting pre-33 gold coins, collectors must decide between purchasing slabbed or raw coins. Here’s what to consider:

  • Slabbed Coins: These coins are professionally graded and protected in a plastic holder by third-party grading services like NGC or PCGS. The assigned grade can significantly impact the coin’s value, with higher grades commanding higher premiums. Slabbed coins offer enhanced security and protection from damage, but they tend to be more expensive due to grading fees and premium costs.
  • Raw Coins: Raw coins are ungraded and remain outside plastic encasements. They are often more budget-friendly, with their value primarily determined by gold content and condition. Raw coins possess unique character and historical authenticity as they remain unaltered. However, they are potentially more vulnerable to damage and can be challenging to sell without a professional grade.

Acquiring Pre-33 gold coins presents a choice: raw or slabbed?

Opting for raw coins demands practice, ensuring you’re securing genuine pieces with original surfaces, which can be a competitive endeavor on platforms like eBay. The allure of raw coins lies in their charm; a bit of a gamble, akin to being a gold “adventurer,” as even if you don’t strike it rich, you’ve still got the precious metal.

Buying Pre-1933 Gold Coins: Certified vs. Raw – Higher price on market.

The video recommends sticking to certified coins when purchasing pre-1933 gold coins, as they offer more security and higher potential value. This video provides valuable information for those interested in investing in pre-1933 gold coins, particularly focusing on the importance of certification and the potential drawbacks of buying raw coins.

In this video, Coins Roc discusses the pros and cons of buying pre-1933 gold coins, particularly focusing on the difference between “slabbed” (certified) coins and “raw” (uncertified) coins. The presenter emphasizes the importance of buying certified coins from reputable grading services like PCGS and NGC, as they offer authentication and grading, ensuring that the coin is not counterfeit and has not been cleaned or tampered with. The presenter also mentions the higher market value of certified coins compared to raw ones, highlighting the example of a 1911 $5 Indian gold piece with a retail value of $900 for the certified coin versus a lower value for the raw one.

Coins Roc strongly advises against buying raw coins due to the risks associated with their authenticity, grade, and potential cleaning or damage. They also mention the cost of sending a coin for certification as an additional factor to consider. Conversely, when you purchase a slabbed coin, you’re essentially investing in the confidence of authenticity, value retention, and simplified insurance, not to mention the joy of participating in set registries and building collections with certified coins. Some collectors never submit coins themselves, preferring to buy or upgrade with graded pieces. It’s all about personal preference, and your motivation for collecting; while some revel in the tangible connection to history, others prioritize security and long-term investment. Slabbed coins do have their merits, especially in terms of graded condition and authenticity, but that extra premium might not be a crucial factor in the face of an economic collapse. It’s all about what suits your goals and values in the world of Pre-33 gold. So, whether you’re stacking, collecting, or just enjoying the allure of precious metals, choose your path wisely, and happy coin hunting!

Raw Pre-33 gold is cheaper, if you care stocking and go long term.

Personally, I lean toward raw Pre-33 coins they’re more affordable, and I relish the tactile link to history. Slabs may be in vogue, but nothing beats holding an old coin from a bygone era in your hand. It might ruffle some feathers among modern numismatists, who often prefer slabbed coins, but for those who cherish the genuine touch of history, raw Pre-33 gold is the way to go. When it comes to legacy planning, raw coins are not only cost-effective but also suitable for passing down to your children. Plus, given the right source, research, and testing, there’s no reason to be skeptical of buying raw coins.

In essence, if your primary goal is to invest in precious metal, the intrinsic value lies in the metal itself, not the state or rarity of the coin. Low-premium gold rounds are your go-to for stacking. However, for those who collect as part of their stack, opting for slabbed coins can offer advantages, particularly in terms of the ease of sale due to established grade and authenticity. Slabbed coins are favored by collectors who prioritize the coin’s condition and grade over its historical and intrinsic character. It’s important to remember that an MS-69 slabbed coin, for instance, doesn’t inherently outshine an average raw bullion coin – it’s just encased in plastic with a premium price tag. So, should you choose to engage in this world of encapsulation, be mindful of your goals and the value it brings to your collection.

Raw or slabbed, it’s all a matter of perspective.

And for those concerned about the hypothetical value in a post-crisis world, the slab might not mean much.

The world of slabbed bullion coins revolves heavily around grading and encapsulation services, where third-party entities provide a safeguard for the coin’s legitimacy and state. The grade assigned to the coin carries significant weight, influencing its market value, with superior grades demanding a premium. Slabbed coins are generally perceived as more secure and safeguarded against damage compared to their raw counterparts. The decision to opt for slabbed coins usually stems from one of three key reasons: either it complements your personal collection, particularly if it consists of coins above a specific grade, or it concerns coins prone to counterfeiting, necessitating an extra layer of assurance for both yourself and potential future buyers. Lastly, for high-value and rare coins, encapsulation can mitigate the risk of potential grade depreciation due to damage over time, making it a sound investment strategy.

Nonetheless, the coin collecting realm is not without its controversies. Some consider the grading, certification, “first-striking,” and special labeling of common raw bullion coins as MS69 or MS70 to be among the most audacious schemes perpetrated on collectors. In the modern coin context, grading might seem superfluous since most contemporary minted coins maintain a Brilliant Uncirculated (BU) condition. However, grading serves a vital role in assessing the condition and authenticity of older coins. Meanwhile, the concept of registry sets, designed to encourage collectors to needlessly grade and certify common coins, adds to the critique.

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