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Who buys slabs just for assurance of the grade, then cracks it open?

Started by TheAvenger80,

99 posts in this topic

Aces

Aces

Posted
Posted

Who buys slabs just for assurance of the grade, then cracks it open?

Me! :takeit:

 

But I don't collect the uber-grade stuff. :shy:

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peewee22

peewee22

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Yeah, I really don't plan on selling them anytime in the remotely near future, and I do keep the tags. You just can't beat a book in mylar that you can take out veeery carefully and look at, IMO.

 

My hero.

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jimjum12

jimjum12

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Yeah, I really don't plan on selling them anytime in the remotely near future, and I do keep the tags. You just can't beat a book in mylar that you can take out veeery carefully and look at, IMO.

 

I do it with GA.....especially if the price is right and it's mid grade. If it's 8.5 or higher, I just look for a reader.GOD BLESS...

 

-jimbo(a friend of jesus) (thumbs u

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sterlingcomics

sterlingcomics

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That's cool as long as you never plan on selling your collection. Have fun being burried with them!

 

:insane:

 

You may never have intentions on selling your collection, but its inevitable. As a result, I think it's a bad idea to take them out of the slab, as that only decreases the potential value of the book--as well as increase costs if you need to reslab to resell to recoup...as I doubt not too many will pay the slab price for a raw book.

 

Since slabs are usually meant for high grade...if you really must read it...buy a reader. I understand why some crack as it makes their collection "uniform"...but they are making a fiscal decision in doing so.

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peewee22

peewee22

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Posted
That's cool as long as you never plan on selling your collection. Have fun being burried with them!

 

:insane:

 

You may never have intentions on selling your collection, but its inevitable. As a result, I think it's a bad idea to take them out of the slab, as that only decreases the potential value of the book--as well as increase costs if you need to reslab to resell to recoup...as I doubt not too many will pay the slab price for a raw book.

 

 

Depends on which end of the financial spectrum you're at....is this a hobby or is this part of your livelihood?

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sterlingcomics

sterlingcomics

Posted
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That's cool as long as you never plan on selling your collection. Have fun being burried with them!

 

:insane:

 

You may never have intentions on selling your collection, but its inevitable. As a result, I think it's a bad idea to take them out of the slab, as that only decreases the potential value of the book--as well as increase costs if you need to reslab to resell to recoup...as I doubt not too many will pay the slab price for a raw book.

 

 

Depends on which end of the financial spectrum you're at....is this a hobby or is this part of your livelihood?

 

You can de-slab, not be a dealer, and your equity in your books (value purchased vs. value when sold) will decrease when the deed is done. It's a fact, jack. Has nothing to do with your financial position...when you deslab, your stock goes down. You WILL sell one day, as surely as one day you will stop breathing. It may be part of your estate, or by others whom you have willed the books to...but it will happen.

 

So my point is...the I won't sell argument doesn't change the fact of the decrease of the asset you have purchased will occur, and costs will be incurred when you sell should you decide to re-certify the book. That's not counting the fact that the grade you receive may be different, creating further disparity in value.

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peewee22

peewee22

Posted
Posted
That's cool as long as you never plan on selling your collection. Have fun being burried with them!

 

:insane:

 

You may never have intentions on selling your collection, but its inevitable. As a result, I think it's a bad idea to take them out of the slab, as that only decreases the potential value of the book--as well as increase costs if you need to reslab to resell to recoup...as I doubt not too many will pay the slab price for a raw book.

 

 

Depends on which end of the financial spectrum you're at....is this a hobby or is this part of your livelihood?

 

You can de-slab, not be a dealer, and still a negative equity when the deed is done. It's a fact, jack.

 

Good point.

 

- Brannon

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VintageComics

VintageComics

Posted
Posted
That's cool as long as you never plan on selling your collection. Have fun being burried with them!

 

:insane:

 

You may never have intentions on selling your collection, but its inevitable. As a result, I think it's a bad idea to take them out of the slab, as that only decreases the potential value of the book--as well as increase costs if you need to reslab to resell to recoup...as I doubt not too many will pay the slab price for a raw book.

 

 

Depends on which end of the financial spectrum you're at....is this a hobby or is this part of your livelihood?

 

You can de-slab, not be a dealer, and your equity in your books (value purchased vs. value when sold) will decrease when the deed is done. It's a fact, jack. Has nothing to do with your financial position...when you deslab, your stock goes down. You WILL sell one day, as surely as you will stop breathing. It may be part of your estate, or by others whom you have willed the books to...but it will happen.

 

So my point is...the I won't sell argument doesn't change the fact of the decrease of the asset you have purchased will occur, and costs will be incurred when you sell should you decide to re-certify the book. That's not counting the fact that the grade you receive may be different, creating further disparity in value.

 

So what you're saying is that it's not worth it for you to do it because you don't place a value on such things as smelling and touching your books but that doesn't mean it's a negative thing to do.

 

For others it's simply another cost to factor into the hobby, that's all.

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