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Busting Slabs Of Prez Dollars

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Author Previous TopicReplies: 24 / Views: 4,587Next Topic Page 2 of 2
Valued Member
United States
452 Posts
 Posted 09/23/2015  4:20 pm  Show Profile   Bookmark this reply Add AES to your friends list
I use a pair of channel locks to break most slabs, and just pry them apart. But I had to cut the SEGS slab apart with a hacksaw. I think breaking slabs to get high grade modern coins for a Dansco is a great idea if you can get them at a reasonable price.
Valued Member
Belgium
464 Posts
 Posted 09/23/2015  4:53 pm  Show Profile   Bookmark this reply Add dohcollector to your friends list
what is the purpose of a slab then....don't be mean,
I'm from europe we just don't slab coins...yet
Seriously, why remove them if it adds safty, value, and refernce info.
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United States
188660 Posts
 Posted 09/23/2015  4:54 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I do not think any slab will be able to resist my power rotary tool and a cutting wheel.
New Member
United States
16 Posts
 Posted 09/23/2015  5:42 pm  Show Profile   Bookmark this reply Add smaugshoard to your friends list
dohcollector,

Many keep their coins in slabs for all those reasons you mentioned above. Slabs just don't offer a viewing experience like an album does and you are always looking at your coin through a chunk of plastic. IMO the true purpose and value of graded slabs is to facilitate buying and selling. The slab certifies the opinion of a neutral third party expert. Similar to getting a jewelry appraisal. Once you own the coin and don't plan on selling it you can keep it safe in many ways that offer a better experience. You can always get it slabbed again if needed for resale.
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United States
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 Posted 09/23/2015  5:43 pm  Show Profile   Bookmark this reply Add OspreyCoins to your friends list
Set them free!
Valued Member
Belgium
464 Posts
 Posted 09/23/2015  7:11 pm  Show Profile   Bookmark this reply Add dohcollector to your friends list
i kinda understand ,facilitating buying and selling, guess its also owner preferences ,thx for explaining smaugshoard
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 Posted 09/23/2015  10:20 pm  Show Profile   Bookmark this reply Add TheForce to your friends list
At least with a slab, you know your getting quality. When you buy a raw coin and especially from a stock photo listing you just don't know what you'll get.
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 Posted 09/23/2015  10:48 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list
I think it would be OK to bust out low value coins like the prez dollars. I'd never bust out a semi or key date though. Too many fakes out there sold raw. The slab proves you have an authentic coin.
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 Posted 09/24/2015  10:59 am  Show Profile   Bookmark this reply Add Debrajc to your friends list
I have broken out many slabs (commons, semi keys and a couple of key date coins) and opened mint and proof sets for my Dansco albums. I have never had an issue with doing so.

However the slabbed coins I have bought to put in my 7070 are going to be tough to break. I will cross that bridge much later and I have over 50 coins to go to get it filled.
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 Posted 09/24/2015  11:48 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
At least with a slab, you know your getting quality. When you buy a raw coin and especially from a stock photo listing you just don't know what you'll get.
Not always. Slabs can be fakes and the TPGs are not perfect. They make mistakes.

I prefer to buy a coin in hand (US Mint products being the lone exception). The coin will look the same raw or in plastic.
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 Posted 09/24/2015  12:18 pm  Show Profile   Bookmark this reply Add TheForce to your friends list
ebay is my coin store and I'm at their mercy...hoping I don't get a raw deal.
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 Posted 09/24/2015  1:23 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
I am tired of getting junk buying single coins on ebay that have spots and blemishes (Prez Dollars). I would think slabbed coins would provided excellent examples. I don't collect this series but I am interested in a few of the coins.

Just remember the dollar coins are so very reactive that after busting them out you may find that a few months after you put them in your albums you have spots, blemishes and unattractive toning anyway.
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United States
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 Posted 09/24/2015  2:07 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list

Quote:
Just remember the dollar coins are so very reactive that after busting them out you may find that a few months after you put them in your albums you have spots, blemishes and unattractive toning anyway.


Too true

I bust out of slabs, too! More busting out of OGP, but very occasionally I'll acquire modern (several JFK halves) for Dansco albums
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United States
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 Posted 09/24/2015  2:16 pm  Show Profile   Bookmark this reply Add TheForce to your friends list
I don't mind busting open sets from the mint. It's a pretty good way to get decent coins.
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 Posted 09/24/2015  5:36 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
ebay is my coin store and I'm at their mercy...hoping I don't get a raw deal.
In your case, buying slabbed is the way to go. If I ever buy a coin from ebay, it is almost guaranteed it would be in a slab.
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