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Bedrock of the Community
United States
14454 Posts |
maybe he's starting a registry set?, maybe he wants to preserve condition of the coins, alot of reasons to slab a coin even if its for personal reasons like my grandfather gave it to me or "My first dollar I ever made"
Edited by Bryan1315 11/10/2006 3:32 pm
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Pillar of the Community
United States
3234 Posts |
It's just a heck of an expensive way to display them after you figure in the fees, shipping, and insurance...both ways!
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Pillar of the Community
 United States
577 Posts |
Bryan is right, I want to start a registry set - I love the idea, and I think that the holders are a nice and permanent way to display my coins. Additionally, I will always know the precise value of my set, and if I ever plan to sell, it will be very easy.
Edited by madhandles761991 11/10/2006 9:13 pm
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Pillar of the Community
United States
3234 Posts |
Sorry, I can't get into the Registry set craze. Unless you're shooting for a Pop 1 type set and have gobs of money to throw away, I simply don't understand it. I also don't understand slabbing material just to put it behind hard plastic. There's a lot cheaper ways to create a beautiful collection. If you really want slabs, why not buy the Coin World slabs through the ANA catalog? They're great! Also, Dansco makes a beautiful album for Franklin half dollars (you just have to be careful about pushing the slides over your coins).
Edited by Prethen 11/11/2006 11:56 am
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Valued Member
United States
287 Posts |
Slabbed coins are a great way to store them. I personally like the raw coins, they seem to have more character and are more fun to trade. As buyers and sellers we can haggle over grade and price and this makes the collecting fun. Each person feels differently about their collection and you have made a wise decision to start a registry set.
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Pillar Of The Community
3147 Posts |
I find the Registry Set idea interesting at times but hesitate to do so due to the huge cost involved, especially in a large set. I must disagree with your notion that you will always know the precise value of your coins as slabbed coins are grossly overvalued and they will never be worth more than what any individual or dealer will give you on any given day. If you want to feel comfortable about the value of your coins, learn to grade them and KEEP them raw in airtites. Then you will have a closer idea of their precise value and the airtites will probably do a much better job than many slabs I have seen thru the years. Quite honestly, whether we like it or not, most collectors could care less about registry sets as they are, for the most part, all about self pride and bragging rights. The coins are only a means to an end and you also must keep in mind for every BU coin slabbed there are still thousands in private collections that are just as good, if not better, but they are not part of the grading company hype. I have always found it amazing the grading companies could say a coin is one of three or one of five finest known when in all reality they are saying one of five that has been slabbed. They have NO idea how many coins are really out there or how many are as good as or better than the one they are promoting. And, last but not least, its your collection and your money, so do whatever makes you feel good about your hobby. That is priority number one!
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Pillar of the Community
 United States
577 Posts |
I appreciate all of the comments here, I think that you have made good points about the cons of grading. I have indeed learned to grade these Franklins pretty well, and it makes sense that the slabs are not completely worth the cost. What other type of storage would you reccomend that looks appealing, and is great to display?
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Pillar of the Community
United States
3234 Posts |
I had a complete Gem BU set of Franklins in a beautiful Dansco album for years. I was able to sell the entire album on one of these boards for a decent price. I don't believe the price would have been much or any better if the coins were in a bunch of slabs that would have to be kept in a storage box and make for poor viewing.
Airtites make an album for their product. I use Airtites for my ancient coins and I absolutely love them. If you get them, get the white or black ring insert (black might look pretty good against brilliant silver).
There are certain reasons I like to get coins slabbed by the services, but large coins like your Franklins that are likely not particulary high value or superb gem (MS66+), don't really necessitate slabbing.
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Pillar of the Community
United States
1454 Posts |
Coin World slabs or Airtites would be a good way to preserve and store them. I like the idea of the slabs if they don't allow the coin to slide around. The NGC box I have for my NGC ASE's is really a great way to keep coins. I myself couldn't afford to do to many at once but if you can and you have a complete set of MS Franklins it would probably be a far better investment than putting them into graded slabs, at least for right now. You are a young guy and you have time in the future to convert to graded slabs if and when the Frankies go up to necessitate it. I do believe they will also, they seem to be doing that each month here lately so patience is the key. I still have a few to go, 11 I think and the prices are just going crazy on ebay. Even having a hard time finishing this set so that should tell you something.
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Pillar Of The Community
3147 Posts |
I will add the fact that I received a tip a few months ago concerning the Franklin half dollar. It was to buy high grade or proof Franklins as quickly as possible and I have learned most national dealers are doing just that right now. A huge increase is coming to the Franklins and anyone who has collected in the past 15 to 20 years has seen the high grade Franklins slowly disappearing from their dealers stock. My dealer will manage a few now and then but I can remember the day when there were so many lying available that it wasn't a pressing issue to fill a set. Now it is and prices have already started to rise on the harder to find dates. Probably would be a good idea to keep a real close eye on this series and NOT to pass up any good deals at this time.
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Pillar of the Community
 United States
577 Posts |
Thanks for the great tips! I love the look of a nice Franklin, and since there are no 'key' dates, it is a very collectable coin. I will be looking into the airtites, and I don't plan on selling! I also have noticed that the prices are rising like crazy, so I am hurrying to finish my set!
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Pillar of the Community
 United States
577 Posts |
I forgot to ask if you had a link to the airtite holders, or is there an air-tite folder of some sort for the Franklins? Which diameter of airtite would I be looking for in order for the coin to not slide around? If I decide to pick up a Franklin Dansco album, would it tone the coins down the road? I like the look of an album, and it is a cost-effective alternative  , so I will post in the wanted section of the forum to see if anyone has one to sell me. Thanks for all of your help!
Edited by madhandles761991 11/11/2006 3:43 pm
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Pillar of the Community
United States
1454 Posts |
I use a place in Missouri to buy my airtites and most of my supplies since I live in Oklahoma. He always ships priority so I get my stuff quick. I have bought a couple of Canadian albums from a place in Jersey as they were the only ones who had them. If you have Google in your task bar then I would put in the word airtites to see what you can find a little closer to where you live. There might be a place on the West Coast that is closer to you. I can give you the url of each place I use if you like though. http://www.jpscorner.com/and http://www.brent-krueger.com/If you don't have a way to pay such as a credit card, debit card or a Paypal account then you could always try your local coin shop. JP's Corner has a sizer on his website which I really like and it will tell you exactly which size you need for Franklins. I think it is a T-30 for the direct fit style. You can get the ones with the rings also but I like the direct fit the best, they just look cleaner and the coin doesn't move at all. I have a couple of Franklins in my gallery that are in them if you want to look.
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Bedrock of the Community
United States
14454 Posts |
I have quite a few registry sets and some I know will never make it into the top 10 which is fine with me, its just a place to show my coins with other collectors, but there is one set that I am currently in 2nd place and have the coins to make 1st place again (was 1st but someone added an illegal coin to their set, its illegal because NGC has it marked as DELETED which means someone has busted open the slab and turned in the label back to NGC) but no need to fret because as I said I have the coins to make 1st again, I just haven't put them in my registry set yet and probably wont do so until near the end of the year so the guy with the illegal coin will think he will get his certificate and then find out he wont because my set surpassed his at the last minute (feels like sniping an auction)
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Valued Member
United States
100 Posts |
AirTites are on ebay, also there are album that hold the AirTites. I us the direct fit,you can get them for most US coins.I like the direct fit as you can see the coin rim. Coinoutfitters is the seller on ebay I got some from as little as 20 at a time,great person to deal with. Bird out
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