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Slabbed Coin

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jbuck's Avatar
United States
189325 Posts
 Posted 10/01/2012  7:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
It's all on preference of the collector.
Yes, this is important to remember.

My decision to crack a slab is not right for all, and those who like slabs are not wrong for their decision.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 10/01/2012  8:17 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
as many of you know I have no problem breaking open a slab to place a coin in an Album no matter the value of the coin if I purchased that coin for an album but with that being said I do have sets of coins that I never intended to break out of slabs and they still reside in their plastic where I plan to keep them. To the OP, if you like the slabbed coins then the two sets isn't really a bad idea. One in an album/folder and one all in slabs. I actually put together some sets of this very year myself because it was the year my oldest Daughter was born. I bought her the Proof set from 1989, a 1989 Mint set (I believe I got from Metalman for her), a set from circulation and a slabbed set. So its all in what you want to put together I guess and whatever makes you happy will be fine
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Igleos's Avatar
United States
123 Posts
 Posted 10/02/2012  04:51 am  Show Profile   Bookmark this reply Add Igleos to your friends list Get a Link to this Reply
I would break it....but I ran out of dollar 2x2's lol. On the plus side....I now have a uncirculated and proof canadian coin sets from 1989 as well. Canadian coins confuse me.....is their only one mint?!
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 10/02/2012  10:41 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Well, you could argue that there are two, but yes, there is only one mint for the proof and uncirculated sets, but in 2000, 1999 and 1998, the proof-like sets were struck in Winnipeg (W mint mark, different finish) and Ottawa (no mintmark different finish). Currently, the Ottawa mint produces collectors coins and NCLT, while the Winnigep mint produces circulation coins.
Bedrock of the Community
United States
20753 Posts
 Posted 10/02/2012  11:13 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Why would you buy slabbed coins only to break them open? If you're building a set you really ought to consider ahead of time whether you want it to be graded, ungraded or a mix of the two.

As already stated, there are reasons for purchasing a coin in a slab. And authenticating is one, availability too. With so many people today being slab happy, so many normal, coins are finding their way into slabs. Not sure why but I've seen coins worth less than $10 in a slab. I've even seen coins selling for $2 in a slab.
For myself I'd always prefer opening an Album and seeing all the coins and not having to look in several places for one of the empty sloted coins in a slab. Having well over 100 Albums and virtually thousands of coins, I couldn't imagine a few hundred in slabs.
At coin shows I see some dealers with many hundreds of slabbed coins. I always wonder how long it takes to put them all out and/put them all away again. How much room they all must take up.
Edited by just carl
10/02/2012 11:15 am
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FinanceGuru's Avatar
United States
337 Posts
 Posted 10/03/2012  8:23 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list Get a Link to this Reply
I understand the situation though. I bought the Canadian Glow-in-the-Dark Dino for about $50 including shipping. I sometimes wish I bought two. One to display and one to slab. But why spend so much to slab a cheap coin? Seems senseless, right? As my first purchased coin I figured it would be special to slab it.

If I send one and it grades less than a MS70 would I be upset and need to send the other coin?

Bottom-line: ask yourself why it's important to slab it.
Valued Member
United States
366 Posts
 Posted 10/08/2012  12:05 pm  Show Profile   Bookmark this reply Add JobIII to your friends list Get a Link to this Reply
I wasn't thinking about the very very rare or heavily faked coins. For those I can understand why you'd choose a slabbed coin.
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