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 Replies: 24 / Views: 2,558 |
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Pillar of the Community
United States
2130 Posts |
I was wondering what everyone's thoughts are on cracking out GSA Morgans?
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
 United States
2130 Posts |
Originals, The large GSA holder.
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Pillar of the Community
United States
1490 Posts |
I have just one GSA and personally this is one instance where I would not crack it out due to the historical nature of the holder and the accompanying case. If you dont have the case then I guess I might could see cracking it if you wanted too.
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Pillar of the Community
United States
1554 Posts |
I crack most of my puchased slabs, I just don't care for slabbed coins. If it's a very high Grade or one of the rarer Dates I probably wouldn't. If it's a Common Date or lower Grade go for it if you want. There's thousands of them....I remember in the early 80's we would crack them out and sell for their silver value when Silver spiked to $50.
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Moderator
 United States
23522 Posts |
Quote:
There's thousands of them....I remember in the early 80's we would crack them out and sell for their silver value when Silver spiked to $50. You, and a whole lot of other people, have been doing this for many years. No big thing; they were produced in the millions and there were plenty to go around. Now there aren't so many original GSA slabs, and I would consider it a disservice to numismatics to continue cracking them. Especially when both NGC and now ANACS will grade them in the original plastic. Within our lifetimes, GSA slabs will have considerable collectible value on their own. |
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Pillar of the Community
United States
2130 Posts |
I just picked up a 1884cc. And I have A hole in my Dansco  . I don't have it in hand yet, but, the UPS driver left a delivery tag. I'll post pics when it arrives. Based on what I've seen I gave it MS60. |
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Pillar of the Community
United States
1801 Posts |
I would strongly suggest that you not crack it out. You will drop value and lose the historical connection all in one move. If you want an 1884CC for your album, buy a raw one or TPG slabbed one and crack it out. Please do not crack out the GSA coin. |
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Pillar of the Community
United States
1150 Posts |
I wouldn't crack mine out. Way too much history behind the coin itself AND the original GSA packaging.
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Pillar of the Community
United States
2130 Posts |
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Pillar of the Community
United States
6384 Posts |
Looks better than MS-60; I think it would grade MS-63 at a TPG. However, I echo other posters and advise against cracking the GSA slab. Buy another raw coin if you must put one in your album and hang on to the GSA coin with its original packaging. |
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Moderator
United States
23522 Posts |
Yeah, I think 63 is about right.
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Pillar of the Community
United States
2130 Posts |
I'm very happy w/ the help I rec'd. in this matter. I've checked FMV & ebay for pricing difference, And there is only a few dollars in difference.  This is what led to my question. The consensus is more than leaning towards leaving it as is. Again Thank You all for your opinions & help with this. I will leave it in the GSA Holder. |
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Pillar of the Community
United States
4897 Posts |
Nice pick Chris! CDN Bid is at $200.
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Pillar of the Community
United States
2130 Posts |
Thanks Vinnie, Picked it up for a little less than that.
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Moderator
United States
23522 Posts |
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Replies: 24 / Views: 2,558 |
Posted 01/21/2012 1:39 pm
