As a coin collector or an investor of coins, you no doubt have asked yourself the question of why you should buy professionally graded coins. These coins are also known as slabbed or certified vs. an uncertified coin which is known as raw. The term slabbed came about because certified coins are in a plastic slab.
A topic such as this is quite controversial as each side of the coin has its staunch proponents. In this article though, we will concentrate on the advantages of graded coins, specifically PCGS graded coins. As you may know, there are several other grading services out there but PCGS has been ranked the most consistent in grading and ability.
PCGS, a subsidiary of Collectors Universe, started grading coins for the public in 1986 and since then PCGS has graded millions and millions of coins. So why buy PCGS coins? Lets answer that question now.
The first reason, and this applies to all slabbed coins, is that a slabbed graded coin is now protected from further damage. Imagine taking out your best coin, a 1942-S Walking Liberty in what you believe to be MS-67 condition. In this condition, PCGS gives an estimated value of $25,000.00. It is...