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 Replies: 36 / Views: 3,618 |
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Valued Member
United States
57 Posts |
I really enjoy housing my coins in the Dansco albums, but lately I've been acquiring a few more of the key dates for some series and have purchased a few slabbed coins. Just curious how everyone who collects in Dansco's deals with the issue of cracking the slab and losing the added value that it provides for the keys and the need to fill the empty hole in your album :).
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Moderator
 United States
15402 Posts |
 to the CCF. It's all a matter of personal preference. In some cases I have cracked out a 'valuable' coin for my Dansco ... a good example was my PCGS AU55 1885 Liberty nickel ... that's a $2000 coin. I've also maintained some MS set in the slabs ... so I have taken both paths. It's really up to you and how you wish to build the sets. David |
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Pillar of the Community
United States
7840 Posts |
I am putting together a hybrid (slight variation) 7070, slab-style. Personal preference, but I have chosen to "let it be", especially if I see an "up-gradeable" coin, which would make the coin easier to sell, especially now-a-days.
I would rather buy a raw coin than crack one out of a perfectly good TOP III TPGed slab.
Edited by oih82w8
08/10/2012 4:22 pm
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Pillar of the Community
United States
716 Posts |
I have been buying mostly raw coins, but have been buying a few slabs for the key and semi-key dates. I always intended to crack them out and put them in my Dansco. I never intended to sell my collection and always thought that I would be passing it to my children. However, I am finally accepting the fact that my children are not interested in my coin collection (my last hope is my grandchildren) and there may come a day when I will be selling my coins. Therefore, any coins bought in slabs will remain in slabs. However, there is that strong temptation to crack them out because I hate those empty slots in my Dansco.
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Pillar of the Community
United States
8516 Posts |
I've cracked slabbed Peace dollars to put in my album. I wish I had saved the graded labels and taped them to the back page. Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Moderator
United States
187950 Posts |
Crack the slab, do not look back.  |
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Valued Member
 United States
57 Posts |
I've also thought about sticking a common date coin in the empty spot and putting a little sticker in the album so I'll know the coin is stored somewhere else. At least the album will look complete and I can always bust out the spendy coin if anyone wants to see it. Hmm, that's might work...
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Bedrock of the Community
13014 Posts |
Personally I would never crack a slab for valuable coins say over 100 bucks or so and definitely not over 200. Not in it to make money, but not in it to devalue everything either. Almost always if you crack them if they ever have to be resold youll lose money on it. I would store them by the album so you have the complete collection. Whether or not its in the folder you have it
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Pillar of the Community
United States
3486 Posts |
I recently [May of this year] cracked open an 1885 "V" nickel, in VF-20, and put it into my Dansco album. ANACS had graded it with "a scratch." EVERY expert in the field said the same thing: "Where is the scratch?" I had bought it, raw, as a VF-20, and sent it in myself. I had bought it knowing that it had "a scratch." The dealer was very up front about this disclosure. My complete set of V nickels are all happy together. This is a tough decision to make: the other 19 that I had sent in to ANACS remain in their holders. Each collector must make the decision for himself or for herself. |
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Pillar of the Community
Australia
7096 Posts |
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Crack the slab, do not look back  It is your coin do with it as you wish. Personally I wouldn't think twice about cracking open the slab, I do it all the time. |
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Moderator
United States
187950 Posts |
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Not in it to make money, but not in it to devalue everything either. The slab does not add value. Removing it from the slab does not take away value. The coin is only worth what it is worth. What changes is liquidity. Slabbed coins sell faster because some people are more comfortable buying certain coins in a slab. That comfort has value, not the coin.  Personally, I do not sell my coins. If I ever did, I would have to be patient about it. A raw coin will sell for the right price, just not as quickly. Coins are not an investment, so I have other plans in place for when I need the money. I am fond of saying that the coins will be the last thing to go, right after the cardboard box I am living in.  |
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Pillar of the Community
United States
2150 Posts |
I originally started my wheats in a dansco. Over the years I started noticing friction lines on the high points from sliding the acetate slides over the coins as I added to a slot. I decided for my número uno set, I would go with slabbed, PCGS only. I have been working on this set for a few years now and can say from what I see, PCGS coins sell for more than NGC or Anacs. I don't ever PLAN to sell my set but if I end up having to, I want my family or me to receive the best return on my investment. I still have my dansco but most likely it will end up on the BST forum or ebay to free up funds for my main set. Also, when it comes to cracking slabs, the TPG's guarantee the grade on the slab. Once it's Been cracked out, all bets are off. You never know what may happen in the future, if you may be forced to sell. I have read too many stories where people have cracked then resubmitted for grading and received a lower grade or it came back a problem coin. Edited by jokingjoker
08/10/2012 5:13 pm
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Pillar of the Community
United States
2077 Posts |
There is the risk that if you decide to resubmit it later, it may not grade the same.
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Pillar of the Community
United States
3184 Posts |
I buy the top 3, PCGS, NGC, and ANACs and leave them slabbed, I wouldn't crack them out
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Pillar of the Community
Australia
7096 Posts |
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There is the risk that if you decide to resubmit it later, it may not grade the same.
A coin will grade whatever the condition of the coin is regardless of the "slab'. It really annoys me when people say they "got lucky" with a coin sent away for slabbing when they get it back with a higher grade than the coin actually deserves. These "got lucky" slabs are an excuse to defraud buyers IMHO  |
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Bedrock of the Community
United States
36684 Posts |
I have always broken them out of the slab to put into my albums. I'm still old school and love plugging holes. I do keep the label that came from the slab and pass that on to the new owner when I sell a coin.
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Replies: 36 / Views: 3,618 |
Posted 08/10/2012 1:47 pm
