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To De(Slab) Or Not To De(Slab); That Is The Question.

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jamesta's Avatar
United States
27 Posts
 Posted 11/04/2011  10:46 am Show Profile   Bookmark this topic Add jamesta to your friends list Get a Link to this Message Number of Subscribers
What are the thoughts about deslabbing graded coins? It seems risky, especially for higher graded coins... but if I'm collecting I like to feel and see what I'm collecting, not just a plastic case. Thoughts?
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oih82w8's Avatar
United States
7840 Posts
 Posted 11/04/2011  10:53 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Sounds like you answered your own question. "I" prefer to keep my coins (7070) in slabs. I find the authentication, grading and environmental control (if you can call it that) of a slab.

I have a wooden case that I place my slabs in for storage, and the slabs can passed around so easily for others to view, and I don't have to worry about their security (finger prints, somebody salivating on them , etc...) within the slab. Some prefer albums, but, to each their own.

Bottom line...buy the coin not the slab. You will hear this on numerous occasions, and it still holds true.
Edited by oih82w8
11/04/2011 10:56 am
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Casutherland's Avatar
United States
520 Posts
 Posted 11/04/2011  10:54 am  Show Profile   Bookmark this reply Add Casutherland to your friends list Get a Link to this Reply
There are many videos online on how to deslab a coin. You can do this very safely without much risk at all. Most videos show that you get a towel and a hammer. Wrap the towel around the slab and just barely tap the slab (but hard enough to break it) right on the slab crease. Basically where you can notice that the slab was glued together. Then remove the plastic and carefully remove the coin. I suggest using cotton gloves.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 11/04/2011  11:25 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
but if I'm collecting I like to feel and see what I'm collecting

Hopefully you don't want to "feel" the coin TOO MUCH ! (at least not without cotton gloves !) ....

But seriously, I only have two slabbed coins in my collection.
2009 MS-69 ASE
1914-D Lincoln Cent (for authentication purposes based on suspicious mintmark)

I don't "buy" slabs.... generally speaking.... based on exactly what you said.
It's not how I want to "collect" or have my collection "arranged", so to speak.
Namely, I want most of my coins to go into albums....and although I appreciate all the work and the very studious diligence of those who DO bust slabs & keep the labels of their slabs inside their albums.......it just seems kind of a "messy affair" to me.
I have NO problem busting/cracking Mint, Proof, and/or Silver Proof Sets to get the coins for my albums....But I've NO INTEREST IN MAKING A HABIT OF SMASHING AND HAMMERING THROUGH SLABS TO GET THE COINS.
I just buy the best coin I can afford at the time.......(raw) ....it then goes into the album or the collection somewhere.....and that's THAT ! .....
It's "my" eye appeal, and "my" grade that matters most because it's "my" collection. A grade (or an inflated price) based on a slabbed coin for no other reason than "more money" doesn't interest me. "Authentication" ... yes...... "Value" .....no.
Indisputable "proof" of a coins grade or authenticity can be EVERYTHING I understand, so it's a fine line to traverse actually, depending on the coin.
But since I don't feel the need to "prove" any/or 99% of my coins, I'm okay with NOT using "slabbed coins" in my collection, I just won't "seek them out".
And for the most part, they're not for sale either.

Now.....if you're talking about something to "flip" that would get more money in the marketplace.....and that you're NOT going to have in your collection...... then SLAB AWAY, I say !
(25th Anniversary ASE Set comes to mind)



Quote:
What are the thoughts about deslabbing graded coins?

If I "came into" some slabbed coins though........first off....it would depend on the actual coin.....and then if I was comfortable with it.......I'd hammer away to get them into Dansco's ASAP ! .......
But the variances in that decision definitely depend on what exactly we're dealing with contained in that actual slab. It's hard for me to have a "general" opinion one way or the other, especially since I'm a notorious "anti-slabber" to begin with.
Edited by eaglefoot
11/04/2011 11:39 am
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cc99999's Avatar
United States
1302 Posts
 Posted 11/04/2011  11:52 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
I like slabs because of portability and stackability. I also like books. I basically have two types of collections. One grade dependent collection- and one type/ date collection. My type coins (many BU and above) go into my Dansco books... and the coins I buy online all come slabbed (and only if the photo looks like it's a nice coin and the seller has a good reputation).

I have actually just submitted my first raw coins for grading. I poured over my collection to find coins that I thought might have a good financial upside if they graded out high. For this process I have a personal rule- if they come back graded out for stupid money, I'll sell them to buy more coins. If they come back graded at a reasonable value- then I'll hold onto them and study them to better learn how to grade them.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 11/04/2011  12:18 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
For high-grade slabbed coins, I just don't really trust myself to handle the coins directly, with the possibility of slipping while de-slabbing, or dropping them, or marring the surface given the amount of force sometimes required to get the coins in the album slots, or the potential contact with the slides... I have picked up a few slabbed AU58 coins really cheap and cracked those. It's a perfect grade for albums because it looks great alongside raw BU coins and it's not a disaster if there is some contact with the slides or something.
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brg5658's Avatar
United States
627 Posts
 Posted 11/04/2011  12:35 pm  Show Profile   Bookmark this reply Add brg5658 to your friends list Get a Link to this Reply
I have many slabbed and many raw coins. The raw ones go into 2x2" SaFlips and then into 20-coin holder pages and then into 3 ring binders/albums. The slabbed ones (depending on the set) go into NGC boxes or into Slab pages (hold 9 slabs per page) and go into 3 ring binders/albums. There is no reason why slabs can't be displayed in albums just as raw coins, but the real-estate required is definitely much more.

Now, with regard to the slab: If it is in a PCGS, NGC, ANACS, or ICG slab I would personally leave it alone. But, that is my PERSONAL choice. Ultimately, they are your coins and you can do with them what you will.
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SpringCypress's Avatar
United States
666 Posts
 Posted 11/04/2011  6:16 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
Personally I don't like slabs. And I hate having holes in albums. I've broken every slab I've ever bought for coins that are going into my "best" sets. Also... as I understand it... once a coin has been slabbed it won't tone. I love the way silver coins tone in the old Library of Coins folders. And of love the way copper tones in the old Whitman albums.

I haven't seen much toning going on inside my Dansco albums.
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jamesta's Avatar
United States
27 Posts
 Posted 11/04/2011  10:22 pm  Show Profile   Bookmark this reply Add jamesta to your friends list Get a Link to this Reply
I broke him out tonight; thanks for the hammer trick that was much easier than how I got a few prior coins out. I'm going to stick with my original thought that slabs will be a nice way to lessen the chance of being ripped off buying over the internet.

I'm definitely much happier as now I can store it in a Saflip 2x2 so it goes into my album.
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jbuck's Avatar
United States
187582 Posts
 Posted 11/05/2011  11:58 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
If you bought it to fill a hole in your album, then fill the hole if your album! This is how I see it.

However, it really depends on your goals. If resale may be a reality (it is not for me), then you might be better off keeping it in the slab.
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merclover's Avatar
United States
10635 Posts
 Posted 11/06/2011  01:10 am  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
As our friend Just Carl says, I collect coins, not plastic.
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debordj's Avatar
United States
26 Posts
 Posted 11/07/2011  10:50 pm  Show Profile   Bookmark this reply Add debordj to your friends list Get a Link to this Reply
I buy both and love working on my Dansco albums. However, (especially for my 7070 album) I have cracked out a few coins that I just didn't feel comfortable buying raw. I am just not good enough at spotting some of these really good fakes. I had a Philippino gentleman at work the other day show me 2 1840 O Seated dollars that he bought in the Philippines and let me tell you - they are good fakes. Scared the living daylights out of me that they looked so real. I'm sure some folks could tell quick, but I studied and studied and realized I just can't trust my judgement yet on these high dollar purchases I make or are going to make.
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vermontensium's Avatar
United States
16677 Posts
 Posted 11/07/2011  10:57 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
My most prized coins (some not necessarily dollar value) are slabbed. My reasoning, extreme long term protection. I plan on passing most of my coins down so I want the best "holder" possible. I really like the PCGS holder for security. The new NGC holder where it's "holding" the coin is very cool. Wish PCGS would do something like that. The airtites are great too if you don't want to slab.
Yes, buy the coin, not the slab...I agree ;)
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Valued Member
CitizenPatriot's Avatar
United States
158 Posts
 Posted 11/07/2011  11:12 pm  Show Profile   Bookmark this reply Add CitizenPatriot to your friends list Get a Link to this Reply
I agree with most of the other posts - "buy the coin, not the slab". I've purchased a few graded coins, only to (gently) remove them and transfer to my DANSCO albums.

That said, there are a few that will remain in their slabs - my Silver Eagles. I buy them for bullion, and store them at my credit union.
Valued Member
Pandesalapi's Avatar
Philippines
386 Posts
 Posted 11/14/2011  08:57 am  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply

Quote:
...The airtites are great too if you don't want to slab.

I agree.
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