Question For Those Of You With 70 70 Albums

Do take the pictures both in and out of the slab and keep the little paper that says the grade. As far as the reselling question thats going to be up to the buyer. If you can provethat it is the exact coin then I dont think you will have any issue with getting the graded price.

There isn't a coin dealer within a 100 miles of me, trusted or not. So I am pretty much limited to the internet, especially when it comes to the more expensive stuff. I have been buying ANACS and ICG coins at a discount with plans of cracking them out in the near future. I was just wondering if taking good pictures so I could prove it was assigned a certain grade and problem-free would be worth the effort.

For some items, such as the Trade dollar, I think you may give up a bit once you've removed it from the slab, sometimes even if it has distinctive marks that prove it was indeed the coin pictured in the slab. For others, it won't matter much, if at all.

From the buying perspective, my Motto Seated Liberty dollar was once slabbed and broken out by the previous owner. Distinctive marks proved beyond a doubt that it was the coin I found in a database slabbed as VF-30 as the owner stated. That was comforting. For Seated dollars, I think there is a bit of a premium associated with slabbed. I bought the one mentioned above raw, for less than what I thought it would go for and less than I was willing to pay. So there's one data point for you. The seller said he was realizing less than he expected for all his type coins and attributed it to having them raw, with no previous pictures or paperwork.

For me personally, it's more rewarding having them in the Dansco. Whatever you enjoy better is the way to go.

I've done the same thing as Brian for my 7070. Honestly, it depends if your more of collector, or investor. If you have plans to resell the collection someday and your buying high grade early type coins. Best to keep them in the slabs, as there is no guarantee the coins will reslab the same grade. However, as a collector, it was worth the risk to me just to have the beautiful album display. I also put the stickers on the back cover:


If you plan to be a "cracker", you can lessen your risk by purchasing -inbetweener- graded coins, for example XF-45 or AU-55. If you crack out a 45, and then it reslabs at 40 later on, then you haven't lost much. However, many coins jump 2 or 3 fold in value to the next full grade. So if you buy a 50, crack her out and it later reslabs at 45; then you could take a huge hit(depending on the coin of course). This doesn't apply to every coin, but I think it's worth considering for the very expensive coins, and could universally lower your risk.

The Classic Head Large Cent was the most expensive coin in my set, and I bought it in ANACS XF-45, and cringed a bit when I cracker her out...

I agree. I am a collector and have no plans to ever sell my coins. I have yet to buy a slabbed coin, but if (when) I do, I will have no problem cracking the coin our and putting it in my album.