QUOTE(kisenish @ Apr 26 2007, 03:25 PM) [snapback]319700[/snapback]
I would like to make a correction to this point: it is valid ONLY for the US and, maybe, Canada, and not valid for Europe. It is almost no way to send the coins, e.g. from Germany to the US for grading - it would be risky, expensive and not worth. This is reflected in the point that most of the expensive coins are slabbed on eBay USA and I can't remember seeing ANY slabbed coin on eBay Germany.
This disproportion makes angry many dealers watching how, e.g., this particular seller sells ordinary garbage for a lot of money, since it is "slabbed"

How stupid could people be if they fall onto such a cheap trick??? This is true - "Buy the coin, NOT a slab". In Europe slabs are not popular since you can't feel the coin, you can't prove the edge, you can't weight it and many other things you can't do. If we consider a huge number of slabbed fakes, we see that slabs harm more that they bring. This "invention" is fully discredited now.
It soon will be valid for entire world. If you don't know Italian grading company does grading and authentication of Italian coins, they are sealed in soft plastic, like this one:
http://cgi.ebay.com/10-LIRE-GOLD-1865-CERT...1QQcmdZViewItemCanadian grading company ICCS puts coins into soft plastic too:
http://cgi.ebay.com/1963-TWENTY-FIVE-CENTS...1QQcmdZViewItemThose two grading companies are good, honest and respected the same good as NGC and PCGS in the U.S.
There are grading companies in some other European countries too. Grading services mushroom fast, many of them are junk, have no knowledge to authenticate and grade coins correctly, but others are OK. Some of them will survive and become leaders in their countries. It will be a good habit to authenticate and grade coins before buying them, just the same good habit as to care about your health or finances.
It is good that many dealers are crazy looking how some other competitors are making money while they stay aside and watch. But dealers already realized that they can slab coins too, and many already doing that like crazy. It's either you earn or someone else does.
And what slabs bring more, harm or usefulness? You think they bring more harm?

Have you ever seen large collections of harshly cleaned and then covered in PVC coins that could worth 100 times more if not that? Majority of collectors at large luck both culture and knowledge to deal with coins, they NEED professional help in conservation, authentication and grading of coins, the same as people need doctors when they are sick or lawyers when they have legal issues. Kisenish, you are trying to make profit by selling coins? OK, watch how flying_bostonian will be making one while you are angry will be selling THE SAME COINS for half. You are involved, so I understand your attitude towards the issue. There is only one advise, join the club, start slabbing your coins ASAP.

WCO