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To Crack A Slab Or Not

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Pillar of the Community
Australia
7096 Posts
 Posted 08/12/2012  06:40 am  Show Profile   Bookmark this reply Add trout1105 to your friends list

Quote:
Your right us slab collectors just collect plastic. We throw away the coin have the time just to have the label.

Saying that is like saying raw collectors collect 2x2s or albums instead of coins. Really cant understand why you feel the need to say such an insulting statement every thread that talks about slabs


I doubt that just Carl meant to insult anyone.
By using the statement "I collect coins not plastic" I assume the he means he has no need or use of the assurance of the grade or genuineness of a coin by someone else.
I have found that a lot of collectors look more at the grading printed on the slab than judging the coin within.

This is what I think he was eluding to and nothing to do with how collectors store their coins.

I have no great love of slabbed coins due to the inflated prices associated with them, They do however offer great protection to the coin while in transit.

I always de slab any coin I buy that way because I'm one of those weirdo collectors that like to be able to handle and study my coins in the flesh and not through a layer of hardened and often scratched plastic.

Each to their own way of collecting , As long as you enjoy the way you collect there is no right or wrong way


Bedrock of the Community
United States
20753 Posts
 Posted 08/12/2012  09:29 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Saying that is like saying raw collectors collect 2x2s or albums instead of coins. Really cant understand why you feel the need to say such an insulting statement every thread that talks about slabs

trout11105 explained it completely. I really don't care at all how others save coins, store coins, etc. It's really none of my buisness. I have no slabs, don't want any and if and when I get one, I open it and thow the plastic away. IF someone asks about slabs, I just tell MY viewpoint.
I can't even start to imagine how anyone could ASSUME my likes or dislikes concern their system of coin collecting.
And I do know a person that collects coin Albums but is not a coin collector.
Bedrock of the Community
13014 Posts
 Posted 08/12/2012  4:27 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
I probably did take it the wrong way which I do apologize. Just really hate the saying personally as it does give off the impression that some may be more concerned by the slab than the coin from the wording of it. I couldnt agree more everyone should collect what they like and how they like since thats what collecting is all about.

Dont mind me had a rough week and took it wrong. Thanks for clarifying Trout and Carl
Pillar of the Community
United States
1436 Posts
 Posted 08/12/2012  5:03 pm  Show Profile   Bookmark this reply Add Dave H to your friends list
That just emphasises the PASSION that some/most/all? collectors have about their collections and storage methods. I have some of my coins in slabs (which I have not cracked out) and some that I put in air-tites. My main concern about my collection is preservation. Sometimes I get paranoid about storing them in other ways as I fear they might deteriorate in some way due to the storage method I've chosen.
Pillar of the Community
United States
1193 Posts
 Posted 08/12/2012  5:36 pm  Show Profile   Bookmark this reply Add joeturbo26 to your friends list
I've cracked open every Lincoln I've purchased including mint sets and don't regret it one bit. I couldn't care less what a TPG thought vs. how I feel to see an empty hole!

Admittedly the only one missing in my collection is of course an 09-S VDB which I will buy slabbed to guarantee authenticity but will absolutely crack that open too! I do however try my hardest to buy raw coins first to avoid the pain in the butt to crack slabs--but sometimes the ones that call my names just so happen to be imprisoned in plastic.
Valued Member
United States
54 Posts
 Posted 08/12/2012  7:51 pm  Show Profile   Bookmark this reply Add jpo to your friends list
The only slabs I don't crack are for coins graded 69 or 70. I'm afraif the coin gods will put a ding in them. Maybe if I don't think I'll own the coin very long I'll leave it. But other than that I'm a crackinf fool.
Bedrock of the Community
United States
10048 Posts
 Posted 08/12/2012  8:23 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
I found a practical use for slabs that I do like. My wife and kids took no interest in my hobby. If something should happen to me, they know which ones in the safe deposit are worth looking into to get a maximum return. And let's face it, b/c it is slabbed it will sell for a little more b/c some people trust TPGs' opinions as if they are Gospel. I like finding ways of legitimately playing/using a system to my advantage.

And since I hate holes in my albums, I got some replicas to go into the holes. It makes the album look better and not worth very much if somehow sticky fingers would somehow get ahold of it.

If you like slabs - collect them! Enjoy getting all the different versions of the labels - more power to you

If you don't like slabs - use a bandsaw on them - more power to you

If you don't care - more power to you

How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Bedrock of the Community
United States
20753 Posts
 Posted 08/12/2012  9:47 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
My main concern about my collection is preservation. Sometimes I get paranoid about storing them in other ways as I fear they might deteriorate in some way due to the storage method I've chosen.

I too used to worry like that. Then as I got older, realized I had no numismatic type of relatives or friends to leave it all to, I started to think differently. Yes I too worry about keeping coins looking as good as possible but only to a small degree now. If all of them start to corrode, stain, tarnish, etc. in a few hundred years, I will probably be sorry, if still here.
I sort of over stated saying when I open a slab, I throw the plastic away. In reality I silicon glue one half of the slab to the top of Solar Lights. This allows sunlight to still get to the solar collector, but shields it from the weather. Amazing how many people throw them away when the stop working due to the collector being dirty.
I also used to keep all those little tags from inside the slabs. Then I said to myself, SELF, why would anyone know for which coin they were for so I threw all those away.
Bedrock of the Community
13014 Posts
 Posted 08/12/2012  11:43 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
If you don't like slabs - use a bandsaw on them - more power to you


I prefer the hammer and paper towel method myself
Pillar of the Community
United States
1372 Posts
 Posted 08/13/2012  01:27 am  Show Profile   Bookmark this reply Add Chancellor Sutler to your friends list
The bandsaw is much safer. Cut away the edges. You never get anywhere close to the coin.

The thought of a hammer anywhere near a coin ... sends shivers up my spine. You simply don't have enough control.

Chance
Bedrock of the Community
13014 Posts
 Posted 08/13/2012  01:33 am  Show Profile   Bookmark this reply Add basebal21 to your friends list
Ive actually never had a problem, if you hit along the side to crack it a little then hit by the label harder it usually opens right up. The NGCs I've done have been a bigger pain in the butt though, probably should try the saw method on the next one of those
Moderator
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United States
16681 Posts
 Posted 08/13/2012  01:46 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list

Quote:
The slab does not add value. Removing it from the slab does not take away value. The coin is only worth what it is worth.What changes is liquidity. Slabbed coins sell faster because some people are more comfortable buying certain coins in a slab. That comfort has value, not the coin. 


I could not have said it better myself

I personally use slabs for the most secure, long term protection.
Anything else is a plus
swcoin.ecrater.com
Bedrock of the Community
United States
20753 Posts
 Posted 08/13/2012  10:42 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
The bandsaw is much safer. Cut away the edges. You never get anywhere close to the coin.

The thought of a hammer anywhere near a coin ... sends shivers up my spine. You simply don't have enough control.

All very, very true but remember that possibly 99% of the population does not have a bandsaw. Nor to many have a saber saw, circular saw and many do not have a Dremel either. Many collectors are just kids or possibly very old and not playing around with power tools.
The worst part of anyone saying to use a hammer is those do not have to pay the doctor bills for a piece of plastic in the eyes.

Quote:
Quote:
The slab does not add value. Removing it from the slab does not take away value. The coin is only worth what it is worth.What changes is liquidity. Slabbed coins sell faster because some people are more comfortable buying certain coins in a slab. That comfort has value, not the coin.

And this too is true. However, with all the fakes floating around, a slabbed coin does have more value since, as noted, they do sell faster and for more money, usually. I hear so many times at coin shows that "Of cousse it cost more, it's in a PCGS slab".
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Learn More...
United States
190135 Posts
 Posted 08/13/2012  2:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I couldn't care less what a TPG thought vs. how I feel to see an empty hole!
I agree.

This comes back to personal preference and where your priorities are. There really is no wrong answer. I think both sides have done well to justify what satisfies their priorities.
Pillar of the Community
United States
8521 Posts
 Posted 08/13/2012  2:46 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
You don't have to worry about goggles/safety glasses, that's what the paper towel/towel is for. I've broken them out a few different ways. Believe me, the hammer is the easiest. Unless you're really clumsy you aren't going to hurt the coin. The plastic doesn't act like glass.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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