Slabbed Coins - Click Here to go to The Penny Machine Company for Souvenir Penny Machines

Intersting Facts about Slabbed Coins

Slabbed coins are typically numismatic or collector coins that have been graded by a professional grading service. There are two grading services that come to mind, NGC (Numismatic Guaranty Corporation) and PCGS (Professional Coin Grading Service), both of which have been in business since coins first started being slabbed, in 1986. There are other independent grading services, but the two mentioned here are considered the best quality amongst the members of ANA (American Numismatic Association). This, in turn, created a new venue of coin collectors, the investor. This is also the last time metal prices spiked before our current market record highs.

Slabbed Coins , now considered an investment by many, have various grades that aid in defining the value of a particular coin. Other factors are mint marks, mintage (number of coins produced during a specific year), and even whether a coin had been cleaned or not. The last one may seem strange, but the cleaning of a coin can actually cause it to be downgraded due to the harsh chemicals, in other words the details are stripped away. But the good news for investors is that most coins that are slabbed have already identified these subtle differences and allows the investor to choose a better quality that is potentially worth more money.

Now, if you are simply a collector, slabbed coins can make it a little easier to develop a complete set that is within you budget. Since collectors will rarely sale, unless they need the money, they can collect a specific series within a specific coin rating amongst the slabs. Also, for the collector it takes the subjective grading guesses by a company selling coins out of the equation, the collector knows for a fact that a coin graded by NGC or PCGS will be graded correctly and there is less concern that any future trades will be less than expected monetarily. Go to The Penny Machine Company to learn more.