Determining Fair Market Value Of Coins Removed From Holders.

These coins are so dramatically underpriced (for the main part) that any money you lose cracking them out should be insignificant to their potential value.

After reviewing the responses received I should have recognized the others that understand why I do what I do. My album runs from 1959-2011. It was completed some time ago almost exclusively from circulated coinage. When I realized many issues were not included in the album I added additional pages for them. Knowing I would not find them in circulation,I searched them out out and discovered they were available for modest prices and appeal compared to my mostly circulated condition. So why not. It took off from there. I began to cull the worst of the best I had acquired in circulation with modestly priced nicer looking replacements. So here I am.
Collecting this series for an investment, IMO, only pertains to Registry sets. Way out of my league. Perhaps my great grand children's kids would benefit financially from my efforts. I do it for me, now.
LWC are what I really know best. I can grade them pretty well. But to complete the series in the same manner is out of my price range. I have enough examples to start a circulated set though incomplete, as most are considering the high priced key dates.
My dad, that will be 93 next year, has three complete sets of LWC's. His collections started in the 50's. He has 3 1955 FS-101's!
To say I am losing money to break them out only pertains to those that want to profit, not to those that want to touch and hold.
I have squandered much more on beer and booze and other vices that I have nothing to show for, than having the pleasure to see and hold something that will endure and bring me pleasure. To me, nothing brings greater satisfaction than looking at and holding nice coins. Not an investment. I live only for the moment.

Personally, I agree with your logic to fill an album with high grade specimens. Only two issues coming to mind which affects fair market value. First, not only does the encapsulation gaurantee the grade it also protects it. So I'd automatically reduce it by one grade point should you decided to resubmit it in the future. Second, and this affects your initial cost, regrading it will in reality exceed it's value once the fees and processing are applied. However, selling it at some point freed from it's encapsulation wouldn't yeild near that of one already graded. Perhaps 75% at best? And only on the tougher dates.

Dowhat,


Your Question, " how does the market value change. ".

I see Coin Market Value as This, a Consequence Unseen is, Your Graded Coins have labels, those labels are Also part of the Third Party Population Reports which follow a Coin.

That said I understand I am Veering Away from Your Question, or NOT.

Those Pop Reports have a " Seated " or Posted Place in those reports for Every Single Coin given a Label. Hope I am clear, I see the Pop Reports as a False or Not Realistic Report. In that, Every Single Coin in those reports has a Reported place for coins, it was Counted!!!!!!



Now, Every time the Market Value is in Question, People tend to rely on Those reports for Information that Clearly has a Flaw, No One knows How Many Coins are Actually Out There, Resubmitted coins Must Be Included, How?

Never let Anyone or Anything veer You from What You Choose to Collect, Knowing Your Father's Collection Must have Helped You decide!!!!! Dowhat, You Want !!!!!



Certainly This has an Effect on the Market Values, No

No judgment or criticism is intended in regard to your practices described above because everyone should be able to collect and build a collection the way they want.

However, if you're building a collection of high graded LMC's and are only buying slabbed items because you don't trust your ability to grade, then you are not buying the coin, you are buying the slab.

Again, not criticizing. The idea of buying the coin not the slab includes being able to judge for yourself the grade, independent of whatever the grading company says. This way, if the coin is over graded you avoid their error and if its under graded you get the benefit.

If you're relying on the grade on the slab to make the purchase then you're buying the slab. I frequently do the same thing, especially when buying an item where the $$$ are big between one grade and the next, for instance. Only makes sense to me if MS65 is $100 and MS66 is $350, for instance, to get a second opinion on the grade to justify the purchase as I'm not sure I could tell the difference on my own.

Well, I do wear the gloves and take great care in the process. At worst they may go to RB or even Brn. Yet the condition should endure.
I don't scare to easy. Especially in this respect. Heck, I used to jump out of perfectly good airplanes with 150 lbs. of equipment hangin' on me usually in the dark of night.
Do it Coinfrog! Bust that slab and overcome your fear!
I've got 2 on the desk now awaiting the 16oz. hammer. A 2007 D Satin Finish LMC PCGS MS66RD, and a 1964 LMC PCGS MS66RD. Shall make you a video?

Let me guess...PCGS. I've been working with a friend for almost 3 years now to find min MS-67 Lincolns. The number of 66's they gave us are stunning. No doubt, some of the coins I reviewed in person were 68 worthy and came back 66. I've always said it but now it's confirmed once again. PCGS INTENTIONALLY & ARTIFICIALLY HOLDS BACK THE NUMBER OF 67 UP COINS.