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Two Key Lincoln Cents Entombed In Plastic

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 Posted 12/18/2008  07:49 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list
Okie,

Just so ya know, no matter how many high quality shots you take of those coins in the slab, once cracked you are starting from scratch if you ever intend to resubmit them. The quality shots would be of some use to convince a potential buyer that they are genuine and offer an appropriate grade. If you want to keep them in the 7070, then don't hesitate ... crack 'em! Do keep the labels and send them in with the coin if you ever resubmit. That helps the TPGs keep population reports somewhere in the ballpark.
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 Posted 12/18/2008  3:35 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
You know where I stand. Crack them out and put them in their place of honour among friends!

There is a lot of good advice in this thread about documenting them for future sale. However, I have the feeling that these two coins have found a permanent home!
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 Posted 12/18/2008  3:53 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
Depending on the coins themselves !

leave them in the slabs sell them and then buy some nice raw coins less the added plastic value make a few bucks and fill the holes with like examples or use the added value to step up on one or both !

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 Posted 12/19/2008  4:19 pm  Show Profile   Bookmark this reply Add TreasHunt to your friends list
and..
keep the grading slips.
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 Posted 12/19/2008  6:48 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list

Quote:
Thought I better come clean.


Don't clean them!

If you did it for an investment, then it would be better for you to keep them slabbed and polish off the scratches. What you could do is send them out to get photographed,print the photos out, and paste them into the album.

Or

Crack them out and let them join their brothers and sisters.
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 Posted 12/19/2008  7:31 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list
"leave them in the slabs sell them and then buy some nice raw coins" - Metalman

I bought slabbed coins in the first place because buying on the Internet I had no chance to examine them in hand. Since they were received I have checked the numbers against both grading companies and they match the coins and grades. Neither is a PCGS slab and they appear to be genuine. More importantly the coins are legit. With the Chinese counterfeiting even the slabs, you just never know, even from a reputable seller. I always prefer raw coins, but I didn't want any mistakes with the kind of cash I had to pay for these two. As always I really appreciate all the good advice. For right now I just placed both slabs in the bank box to give myself some time to sort out what I want to do. I still am leaning towards cracking them out. I probably will never sell them and the premium I paid for the slabs to guarantee ball park grading and authenticity has already been realized. By the way I purchased both these coins from Harlan J. Berk in Chicago. His extensive inventory of coins are fairly graded with any problems described and competitively priced. If I have a question about a coin I always deal with David.
Edited by okie-colin
12/19/2008 7:42 pm
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 Posted 12/19/2008  8:17 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
I kinda figured that Okie , but a person never really knows until the actual words are posted .

The two coins you mentioned are pretty easy to tell if they are genuine or not , but of course in order to do that a person needs either really good pictures of the markers , or be able to personally examine the coin .

I know some folks that have there whole collection in slabs it just seems creepy to me . even though most of mine is in airtites and some say there is little difference between the two storage systems .

I personally disagree with that assertion .



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 Posted 12/19/2008  8:27 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list
In my humble opinion a whole collection in slabs is an investment, not a collection, but I know that difference of opinion has been hammered here many times. I have most of my coins in the Danscos with the protective sleeves. The single coins are in those hard plastic snap together holders, or mint and GSA holders. The airtights are much better I imagine.
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 Posted 12/19/2008  10:33 pm  Show Profile   Bookmark this reply Add BadThad to your friends list

Quote:
In my humble opinion a whole collection in slabs is an investment, not a collection, but I know that difference of opinion has been hammered here many times. I have most of my coins in the Danscos with the protective sleeves. The single coins are in those hard plastic snap together holders, or mint and GSA holders. The airtights are much better I imagine.


Indeed, there's a differece between investing and collecting which is why I generally hate slabs. I also don't like the idea of never again being able to hold a coin in my hand and tilt/rotate and examine it closely with a loope without looking through plastic. In a way, a slab like the death of the coin. LOL

I'm with Metalman on the airtites. They are also quite easy to reopen with a micro screw driver should I feel compelled to do so....and I often do.
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 Posted 12/21/2008  12:18 am  Show Profile   Bookmark this reply Add CommandD to your friends list
Crack 'em open! Coins are meant to be free!
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 Posted 12/22/2008  02:23 am  Show Profile   Bookmark this reply Add mrh757 to your friends list
What color are the coins? If they are ms red--leave them in! unless you want brown coins! I have the same dansco set and my major keys are slabed--PCGS/NGC. They all sit together in the banks safe deposit box anyway! If you must fill a hole buy a "copy" coin to put in there.
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 Posted 12/22/2008  10:38 am  Show Profile   Bookmark this reply Add okie-colin to your friends list
They are both brown. The AU-53 has a hint of red, but definitely brown. I have some red BU cents in the Dansco and they have not toned at all after four years or so?
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 Posted 12/22/2008  2:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I have some red BU cents in the Dansco and they have not toned at all after four years or so?
I have some red Lincolns that have been in my Dansco for over 20 years now. They are as red as the day I put them in there.
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 Posted 12/23/2008  7:16 pm  Show Profile   Bookmark this reply Add coinzip to your friends list
I agree with you, coins in slabs just diminishes the whole enjoyment of owning them.

very well said....
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 Posted 12/23/2008  7:51 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list
Set them free!! let them region the family
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