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 Replies: 24 / Views: 2,397 |
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Pillar of the Community
United States
1083 Posts |
As I mentioned I have ordered and received a 1914-D Lincoln in VF-25 and a 1909-S VDB in AU-53. Both are in name brand slabs. Both coins are brown and really difficult to make out in the slabs which are scratched. I have been asking myself why I bought these two coins. Is it for an investment, or because I want to see that completed DANSCO album I have been working on for years? I would really feel a let down if I just stick these slabs in my bank box and call it done. I want to free them and place them in the DANSCO with the rest of the set so I can see the whole set together. I know it won't be the same as keeping the slabs intact, but I am going to photograph both coins in the slabs before breaking them out, and than save the labels in the back of the album like I have done with many type coins in my 7070. Probably dumb, but I think keeping coins in slabs just diminishes the whole enjoyment of owning them. Thought I better come clean.
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Pillar of the Community
United Kingdom
1077 Posts |
I think I would feel the same way. I can't see myself paying a premium for something in a slab as the temptation to break them out would be too great.
I guess if you were to wish to sell them in the future, and they were expensive coins, you can always have them placed back in new little mausoleums.
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Bedrock of the Community
United States
12437 Posts |
Yep, best thing to do is get nice close up photos in the slab and then out of the slab for the best corroboration. It is a good idea to also tape the label into your album. As long as you have no interest to upgrade them or sell them for something else at some point, then this is the best way to "complete" a set.  |
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Pillar of the Community
United States
671 Posts |
Quote:
the temptation to break them out would be too great  Unless you are hanging on to these as an investment, you should CRACK them out and fill those holes! |
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Bedrock of the Community
United States
19931 Posts |
Since you're going to break them out...allow me to make a suggestion:
Polish those slabs! Get them completely smooth and transparent. TAKE LOTS OF PICTURES. Get some close-ups, e.g. ha.com quality, so you can see the unique markers for each coin...CLEARLY. If need be, you can prove that they are from those slabs before the break-out.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
1116 Posts |
god I'm having trouble thinking if I want to break open a mint set I would hate to go through what you are going through right now but its not like you cant get them graded again.
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Valued Member
United States
317 Posts |
I'd say if the slabs are as nasty as you say, crack 'em out. There really is nothing like seeing your full set all together in an album. I've cracked slabs to fill spots in my albums before. Just be careful when breaking them out so you don't accidentally scratch your coins.
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Pillar of the Community
United States
1121 Posts |
Fill the holes! Do what makes you happy! And take detailed pics if you want to resell them or just have them regraded. Congrats btw! |
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Pillar of the Community
United States
1228 Posts |
[quote]crack it out , any added monetary value would be lost at that point/quote]  |
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Bedrock of the Community
Canada
10743 Posts |
, with the crowd, take plenty of pics, and, break 'em out.  Man! it must be rewarding to finally finish the Lincoln set.  |
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Pillar of the Community
United States
2797 Posts |
Okie,
Just so ya know, no matter how many high quality shots you take of those coins in the slab, once cracked you are starting from scratch if you ever intend to resubmit them. The quality shots would be of some use to convince a potential buyer that they are genuine and offer an appropriate grade. If you want to keep them in the 7070, then don't hesitate ... crack 'em! Do keep the labels and send them in with the coin if you ever resubmit. That helps the TPGs keep population reports somewhere in the ballpark.
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Moderator
 United States
187702 Posts |
You know where I stand. Crack them out and put them in their place of honour among friends!  There is a lot of good advice in this thread about documenting them for future sale. However, I have the feeling that these two coins have found a permanent home! |
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Pillar of the Community
United States
7123 Posts |
Depending on the coins themselves !
leave them in the slabs sell them and then buy some nice raw coins less the added plastic value make a few bucks and fill the holes with like examples or use the added value to step up on one or both !
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Pillar of the Community
United States
2540 Posts |
and..
keep the grading slips.
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Pillar of the Community
United States
2443 Posts |
Quote:
Thought I better come clean. Don't clean them! If you did it for an investment, then it would be better for you to keep them slabbed and polish off the scratches. What you could do is send them out to get photographed,print the photos out, and paste them into the album. Or Crack them out and let them join their brothers and sisters. |
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Pillar of the Community
 United States
1083 Posts |
"leave them in the slabs sell them and then buy some nice raw coins" - Metalman
I bought slabbed coins in the first place because buying on the Internet I had no chance to examine them in hand. Since they were received I have checked the numbers against both grading companies and they match the coins and grades. Neither is a PCGS slab and they appear to be genuine. More importantly the coins are legit. With the Chinese counterfeiting even the slabs, you just never know, even from a reputable seller. I always prefer raw coins, but I didn't want any mistakes with the kind of cash I had to pay for these two. As always I really appreciate all the good advice. For right now I just placed both slabs in the bank box to give myself some time to sort out what I want to do. I still am leaning towards cracking them out. I probably will never sell them and the premium I paid for the slabs to guarantee ball park grading and authenticity has already been realized. By the way I purchased both these coins from Harlan J. Berk in Chicago. His extensive inventory of coins are fairly graded with any problems described and competitively priced. If I have a question about a coin I always deal with David.
Edited by okie-colin
12/19/2008 7:42 pm
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Replies: 24 / Views: 2,397 |
Posted 12/17/2008 7:48 pm
