Removing A Graded Coin From A Slabbed Holder

Totally agree.
Coins look MUCH nicer in my CAPS album then in a slab.
Only ones I keep in slabs are either for when I am collecting a fully-slabbed album (I am doing that for Peace dollars) and if I ever had a crazy/expensive/rare coin that I wanted to ensure it's authentication.
Michael

Crack 'em!

The system is fickle anyway.


If coin 1 is slabbed; graded; valued at 100.00 today' then cracked out; resubmitted; and fails the previous grade, then coin 1, despite not having changed itself, is not assigned the same value anymore.


Now if coin 1 was cracked and resubmitted yet again, getting its previous or higher grade, then coin 1 all of a sudden, despite no changes to the coin being made, becomes 100.00-worthy again.

When the grading system becomes scientifically based (long past the time in technology it could be), then the same grade will always result - making a verifiable standard based on the merits of the coin itself. It won't change, and neither will its value (by thousands of dollars in some cases).

Hey, the newest iphone collects/analyzes 30,000(!) data points instantaneously to recognize the face of its owner and turn on... before the owner can blink their eyes. Certainly its way overdue for a scientific, repeatable system for grading coins (although coins being graded with such a system would need be assigned one point for eye appeal which would be in the eyes of the buyer and seller alone [oh no!]).

When I hear it being said cracking a coin out of a slab is a horrible thing, I cannot help but see how commercialism is succeeding in moving the focus away from the coin itself.

And just think, cracking coins out should not bother those who believe it a crime to crack a slab. The TPGs no doubt cheer every time they see someone cracking out a coin b/c they know they likely will be paid yet once again to put it in a another slab some day.

It doesn't really make a difference to anyone else. Some people just want to make sure people are aware of the risk they're taking and potential financial loss by doing so since the grading itself has value and liquidity. As long as people know that if they want to crack things out by all means whatever makes them happy with their collection.

I actually do it "both ways".
I do raw coins in my CAPS albums for certain types of coins, and then I also create a "slabbed set" of graded coins for another type of set.
For example, I am finishing up a full Jefferson nickle CAPS set and will do all raw for that, even for some of the tougher dates (a few of which I bought in "slabs" and then "cracked out" to put in my CAPS album.
But I have also decided to do a high-quality SLABBED album of just the Jefferson War Nickles - trying to get highest grade with full-steps where possible. This is a more limited collection, but something that I have decided would be fun to try to do and will do all with fully SLABBED coins.
Similarly, I am doing a Peace dollar collection and doing that entire collection as Slabbed coins, since I want to try to avoid cleaned/detailed/poorly struck coins and my "eyes" for Peace dollars just aren't great and its not a huge premium to get Slabbed Peace's compared to Raw Peaces if you show around.
So, can do it both ways if you want..
Michael

Good point. I guess it depends on what percent of slabbed coins get broken-out and either put in albums or "resubmitted", sometimes multiple times..

And I know some people submit from one slab company to another since they want a different "label"...

But agree it makes the "slabbed populations" really just a count of how many went through the slabbing process, not how many are actually "still out there"...

Michael

I cracked my first slab yesterday when my Civil War Commemorative Half Dollar came in the mail. Right into my 7070 it went.

Populations are always high for that reason and a few others. They're especially high right around big value jump grades.

Rather than using populations for literal numbers they're a much better tool for relative numbers within the series. Whatever numbers are shown for a coin just assume that not all of those actually exist especially if you're looking at both the PCGS and NGC numbers as many coins are counted in both.