Graded & Encapsulated

Definition: An encapsulated coin is a coin that has been put into a plastic capsule, or holder (often called a "slab") by a third-party grading service. Encapsulated coins usually have a brief description of the coin and its grade on an insert tag inside the holder.

Also Known As: slabbed coin, graded coin.
Examples: I had my Ultra-High Relief Saint-Gaudens gold coin encapsulated by NGC to authenticate and help protect it.