To Slab or Not To Slab

[The1GramMan]

Hello everyone,

I have just recieved Bond, James Bond 2020 UK 1/4 Ounce Gold Proof Coin DB5 and i am toying with the idea of getting this coin slabbed.

What is everyone's opinions on this, is it worth doing, would you do it and why?

Thanks for all your help!!

Liam

 

[BazzaC]

nice coin. 

I thinking slabbing it is a good idea. Especially on proofs 

Congrats 

[The1GramMan]

Thank you, see i am always worried it might not get what I think it should, not that I know anything lol. Thabk you for the advice @BazzaC

[watchesandwhisky]

Tough one, if it gets a 70 its obviously worth it, but for me a 69 is questionable and a 68 i would much rather have a good clean raw coin. On older proofs i feel differently but a lot of new issue proof get graded now.

[The1GramMan]

I have had a look and apparently there is only 5 graded at 70, if the coin has never been touched one should assume it would be 70 and i would hope it is a 70. I am really stuck on what I should do lol

[Fivepoundfred]

If you are going to grade coins get a 5 x magnifier or loupe which are not expensive and have a look yourself. If you see any permanent marks with the loupe, even very small ones the coin will probably downgrade and grading may not be a viable option, in particular if you want 70 grade. 

You can never presume a newly minted or untouched coin will get top grade, approx 50% of the coins i have had from the mint over the years would not grade 70.

However you can ask NGC for conservation and grading. Conservation can remove some non permanent marks from a coin and a few guys i know ask for every coin they send to be considered for conservation which may improve the chance of getting a higher grade, even on a newly minted coin.

One issue with grading is the big difference in value for example between a 69 and 70. The £5 coins that i collect can have a price variation of £500 - £800 between a 69 and 70 which is really crazy in reality and of course that's why everyone want's a 70 when grading raw coins. A 69 grade coin often looks great with the naked eye which is how you normally look at coins, when you drop to 68 you can often see imperfections with the naked eye but remember grading is a lottery sometimes.