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Should I Slab My First Coin? 25 Cent Canadian Dinosaur

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FinanceGuru's Avatar
United States
337 Posts
 Posted 09/24/2012  7:14 pm Show Profile   Bookmark this topic Add FinanceGuru to your friends list Get a Link to this Message Number of Subscribers
My first coin (new collector started this year) is the glow in the dark dinosaur coin.

I've been considering if I should have it sent to someplace like NGC for the formal grade/slab enclosure. I expect to hold it until I pass it down to one of my kids in 30-40 years (or more!).

Since its a cheap coin, is that overkill? Should I use an air tite container instead?

I've seen pictures where it looks like it comes in a plastic case. Is that sufficient for long-term storage/safety?

Thank you in advance for your advice and suggestions.

Also, anyone know when the next one in the series is being released?

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commems's Avatar
United States
12274 Posts
 Posted 09/24/2012  8:31 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Is your coin in its original Royal Canadian Mint holder/packaging? If it is, I would just leave it in the packaging and not have it graded/encapsulated. As you plan to keep it long term, I wouldn't worry about having it graded at this time -- almost all of them will receive a top grade.

The next coin in the series is projected to be released in February 2013 -- but that's subject to change.

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 Posted 09/24/2012  9:17 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
FinanceGuru I agree I would not send it in for grading, just keep it in original case from the RCM
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noahs-numismatics's Avatar
Canada
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 Posted 09/24/2012  10:09 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
as it is not a coin meant for circulation, if it is kept in a proper temp. with good humidity and good handling, it will always be non-circulated. If it is a mint issued pack, a buyer shouldn't care if it is slabbed, and some even think it is better in original holder/case.
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FinanceGuru's Avatar
United States
337 Posts
 Posted 09/24/2012  10:17 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
Thank you for all your suggestions. I'm waiting for the coin to arrive from the mint. Yes, I plan to keep it safe in the mint packaging. It's good to know that this is sufficient to keep the coin safe!
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 09/25/2012  09:08 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
if it is kept in a proper temp. with good humidity and good handling


Sounds exactly like what I say, when storing cigars... but in this case, good humidity = low humidity...

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Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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matthewvincent's Avatar
United States
3486 Posts
 Posted 09/25/2012  09:39 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
I agree with all and suggest that you also save the original packaging.
It will probably have the date and the postage paid so your kids will have
an appreciation of what things cost in 2012.

Now, will someone please send me a link so that I can see a picture of what everyone is talking about?
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 09/25/2012  09:41 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
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stud722's Avatar
United States
1088 Posts
 Posted 09/25/2012  09:44 am  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
I wouldn't slab it. It comes in a nice airtite type contatiner and in a nice velvet container. it looks nice as is
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FinanceGuru's Avatar
United States
337 Posts
 Posted 09/25/2012  2:52 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
Good to know it comes in an airtite-like container. That puts my mind at ease.

Thanks again.
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Canada
5324 Posts
 Posted 09/25/2012  4:43 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
to slab a single coin with pgcs or ngc with all the shipping cost involved will cost over 100.00
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 09/25/2012  7:57 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Where did you get that number john?
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Canada
5324 Posts
 Posted 09/25/2012  8:23 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
pcgs charges around 30.00 fee, shipping by fed ex and insurance about 30 to 40 each way, if you use a authorize dealer they charge about 50.00 plus shipping. big cost is the shipping between canada and us.
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 09/25/2012  9:59 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
WWWWWWWWOOOOOOOOOOOOOOOOOOOWWWWWWWWWWWWWWWWWWWWW! Thats a lot!
Thanks for letting me know!
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