A new book by David Schwager on sample slabs from third-party grading
services is set to be released on Sept. 17.
Schwager said, “Originally distributed free to collectors, these
sample slabs have an active secondary market, with many desirable
varieties commanding $100 to $300.” The book will cover 580 types from
32 grading services and his goal for the book is that it helps define,
organize and energize the sample slab collecting field.
Here is one of three recent auction sales we're profiling that show the
range of the market and illustrate that for sample slabs, it’s the
holder that’s important.
2009-D Lincoln cent, Formative Years Reverse, PCGS
Slabs that are given out at the Professional Coin Grading Service collector club
luncheon during major conventions including the summer American Numismatic Association show and the
January Florida United Numismatists show enjoy a robust
In a May 24 eBay sale, David Schwager sold for $78.88 a 2009-D
Lincoln, Formative Years cent in a PCGS holder noting that it came
from the Jan. 8, 2010, PCGS luncheon at the FUN show.
Schwager noted that this collecting area is ripe for discoveries and
that he purchased the slab that sold for nearly $80 for just $3 at a
California coin show. He started the auction at 99 cents and at least
seven different bidders competed for the coin, including four that
were willing to pay more than $50 for this coin (that the original
recipient at the PCGS luncheon received for free).
For those looking to find value in sample slabs, Schwager suggests
that collectors look beyond PCGS and NGC to other grading services.
Keep reading this Market Analysis:
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dimes a good starting point for sample slab collection
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