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JerrySpringer
Penny Hoarding Member
669 Posts |
 Posted - 04/25/2009 : 09:16:22
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I think the seller here slabbed the pennies with their own slab ID. Does it add any value or is it a clever way to sell an otherwise raw coin? I posted a while back about how I thought putting coins in 2x2 flips would boost selling price because "packaging" sort of conveys some value as if the coin must be worthy of being in a protective case. By the way, what a racket with the 2009 pennies. Why are they so hard to come by? Is everyone scooping them up like pet rocks or something?
You must be logged in to see this link.|65%3A13|39%3A1|240%3A1318|301%3A0|293%3A1|294%3A50
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aaron239
Penny Collector Member
USA
260 Posts |
Posted - 04/25/2009 : 09:24:30
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I seen my first 2009 in the wild yesterday. It was so beat up that I put it right back into the wild to find the next person.
Those slab'ers are often referred to as SSS (Shameless Self Slabbers). It only adds value to the buyers who dont know what they are doing. Buy the coin, not the holder. |
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 04/25/2009 : 17:08:30
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| If you go to Google and type in Coin Grading services you would be amazed at how many there are. From what I've heard some are just a guy in his basement using purchased plastic slabs. Of course this doesn't make them bad since every buisness at one time was small. |
Carl |
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chant1970
Penny Sorter Member
USA
37 Posts |
Posted - 04/25/2009 : 20:35:00
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The slab reads MS66 RED
I thought red was a toning that copper acquired over a long time without being handled. |
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Kurr
1000+ Penny Miser Member
2906 Posts |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 04/25/2009 : 21:20:42
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quote:
Originally posted by chant1970
The slab reads MS66 RED
I thought red was a toning that copper acquired over a long time without being handled.
For numismatics, there are 3 categories: red, red-brown and brown. Red refers to a coin retaining at least 90-95% of it's original color from the mint. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 04/26/2009 : 00:56:33
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quote:
Originally posted by Kurr
Anyone for a "Realcent Grading Service", LOL
Got it already.
US Penny Grades are "Wheats", "Copper", "Ugly but still Copper", "Zincoln".
Canadian Grades are "George", "Heavy Copper", "Medium Copper", "Light Copper", "Ugly but still Copper", and "Not Copper" |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 04/26/2009 : 12:13:48
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| kieblera5 suggested a pretty good grading scale a while back and offered to slab for a Silver Quarter. |
There's profit if you melt things!!
8{> |
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Gresham
Penny Pincher Member
184 Posts |
Posted - 05/02/2009 : 17:24:52
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| It seems to work for the large dealers. People will buy anything if it comes in a bright plastic package. The reason pennies are so hard to comeby is that they are always hard to find this time of year. |
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Gresham
Penny Pincher Member
184 Posts |
Posted - 05/02/2009 : 17:26:21
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| by the way jadedragon, do you pronounce that jadejragon? |
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Generic slabbing?
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