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Busting Coins Out Of Holders?

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Author Previous TopicReplies: 21 / Views: 3,356Next Topic Page 2 of 2
Bedrock of the Community
United States
20753 Posts
 Posted 04/19/2012  12:01 pm  Show Profile   Bookmark this reply Add just carl to your friends list
I basically use Albums for all my coins. Almost all are Whitman Classic Albums. When I purchase a coin in a slab, out it comes for a place in my Albums. Regardless of what it is graded as, it's value, authenticity, etc. out it comes for an Album. I occationally keep the little info pieces from the slab for my own information. Since I never sell coins, don't plan on selling coins, it really makes no difference about the loss of a coin being in a slab. I like the idea of opening an Album and seeing ALL the coins in the order they are intended to be in. For me slabs just take up to much space and again, with no intension of selling a coin, slabs are just a waste of space to me.
The important thing to remember about slabs is if in the future you plan on selling a coin, if in a slab it will always bring a higher price. Not for all coins but for any that are the usual counterfeited ones a slab makes it's authenticity a bit more reliable.
Pillar of the Community
United States
1150 Posts
 Posted 04/19/2012  12:39 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list
The only reason I keep my slabbed coins in their holders is to ensure that when my daughters go to sell them after I die they get full market value for them and do not get ripped off.

If I was taking the coins to my grave then they would all be raw!
Valued Member
Australia
243 Posts
 Posted 04/19/2012  12:46 pm  Show Profile   Bookmark this reply Add enoilgam to your friends list
I echo the above responses. If you plan on selling them, keep them in the slabs as this will increase their liquidity and value. If your a collector pure and simple, then cracking the slabs is fine. Personally, I dont like seeing my coins in slabs - they greatly reduce my enjoyment of the coins.
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United States
188648 Posts
 Posted 04/19/2012  2:33 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Is it normal to want to bust open the holders and put the coins into 2x2s?
No, but it is normal to want to bust open the holders and put the coins into Dansco albums. Okay, I know I am splitting hairs here.

My advice is to always do what makes you happiest. It will probably come down to what is more important to you: filling the hole in your album or retaining resell value. Personally, resell value means nothing to me and staring at an empty hole makes me unhappy; my decision is easy.
Valued Member
United States
207 Posts
 Posted 04/19/2012  3:13 pm  Show Profile   Bookmark this reply Add EnigmaticMindx to your friends list
Wow thanks for all of the great answers! When I started I opted for the 2x2s in binders because it seemed like a safer solution for the coins. I've never used the albums, but I picture the coins clankin against each other everytime you open and close the book. I picture them eventually falling out. I picture somone looking at them with the book open on their lap and talking and micro spit balls falling all over them. I picture someone poking at them with their fingers. I picture them being exposed to air, and that nice lusterful red penny turning brown.
Valued Member
United States
368 Posts
 Posted 04/19/2012  3:31 pm  Show Profile   Bookmark this reply Add LowLife to your friends list
You are confusing folders with albums.......albums keep the coins fully covered.
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United States
188648 Posts
 Posted 04/19/2012  4:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I agree, sounds more like you are thinking of folders.

Albums are not much different than a 2x2. Both have the coin between two pieces of plastic and allow the viewing of both sides.
Valued Member
United States
207 Posts
 Posted 04/19/2012  6:58 pm  Show Profile   Bookmark this reply Add EnigmaticMindx to your friends list
Really? hmm now it appears that I have some more research to do. Especially after seeing so many people use them. So dancso is the one I should look for?
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United States
188648 Posts
 Posted 04/23/2012  4:33 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Dansco is what I prefer, but Whitman makes albums as well (do not confuse their albums with their folders, since they make both).
Valued Member
United States
223 Posts
 Posted 04/23/2012  10:20 pm  Show Profile   Bookmark this reply Add COMET to your friends list
You're probably better off getting the key dates in TPG holders. This eliminates the chance of getting a counterfeit, also the slab would offer better protection of the coin in a 2x2, folder or album. On other thing would be to get airtites for everything and put them in an album made for airtites. But that would be pretty costly.

If you must bust the coin out of the holder I would recommend you to take some pictures first. Keep the paper in the slab as well this way you have some proof the coins was authenticated by a TPG.
Bedrock of the Community
United States
20753 Posts
 Posted 04/24/2012  08:46 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Really? hmm now it appears that I have some more research to do. Especially after seeing so many people use them. So dancso is the one I should look for?

As noted already your confusing Folders with Albums. Many people do that. A Folder is just that, a Folder. You can not see the backs of coins, nothing protecting the face from scratches, dirt, fingers and/or spit.
An Album is just that, an Album. Sort of like a Wedding Album where you have plastic over the photos. Albums have slots for the coins and a plastic slide covering the coins.
This forum is sort of a Dansco People place. However, there are many other companies that make those Albums.
Whitman, Harris, Littleton, Intercept Shield, US Mint and lots more. If you have a coin store in your area you may want to see what they carry for Albums. For a more complete list of other companies, just go to Google and type in Coin Albums.
Valued Member
United States
208 Posts
 Posted 04/25/2012  4:07 pm  Show Profile   Bookmark this reply Add Rewster to your friends list

Quote:
This forum is sort of a Dansco People place.

lol, yeah it is. For what it is worth, that's what was recommended to me by the others on this site, and I have been very happy with them. Expect to pay between $15 and $30 for each album.

just carl said...
Quote:
I occasionally keep the little info pieces from the slab for my own information.
..a while back.

I think that is a great idea if you break them out. That would at least give you a good reference point if you were to ever sell the coin to a friend or have it re-slabbed.
Pillar of the Community
United States
3755 Posts
 Posted 04/25/2012  8:50 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Once I get to the point of putting those coins in my Dansco, I will buy them in the slabs to make sure of their authenticity, bust them out, place them in the album and place the labels on the inside cover. Thats my suggestion.

And as mentioned, the Dansco Album is the way to go. You are right about the folders, they do not protect the coins quite as well. Nothing wrong with them though. I sell starter sets of Kennedy halves in them all the time. Just not something I would put something like an 09S VDB in though.
Pillar of the Community
United States
1116 Posts
 Posted 04/26/2012  01:35 am  Show Profile   Bookmark this reply Add ghostrider to your friends list
Once you bust a coin out of a slab the value of the coin decreases and y;ou have to have the coin regraded. Once you bust it out of a slab there is no guarantee that you coin will grade the same again. You've lost the value of the original slab plus your cost for regrading. I was thinking about doing this and decided against it for these very reasons.
Valued Member
United States
268 Posts
 Posted 04/26/2012  07:19 am  Show Profile   Bookmark this reply Add f16 to your friends list
I use whiteman FOLDERS for my coins because albums are out of my budget.I also go to coin shows and when I get there I look for wheat pennies and then I just put them in my binder.
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