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Replies: 14 / Views: 2,498 |
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Valued Member
United States
153 Posts |
Hi, I am putting together the Dansco 7070 Type Set, about 25 coins to go. I would like to house all of the coins within the album which will entail cracking coins out of TPG holders. I think this would be ok for coins under $50 but I am wondering how easily the coins could be damaged and degraded by my handling them.... just in case I choose to sell them later.
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Pillar of the Community
United States
1620 Posts |
I have some sets I wanna break open and store them in a 2x2 I personally wouldn't put them in a dansco cause sliding the shield open and closed get dust in there or whatever else is in the air. I'm thinking of opening some then getting them graded and kept that way for re selling them I see on ebay they sell for a higher amount being sold in singles
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Bedrock of the Community
13014 Posts |
I do the same for mine and wont crack anything over 100 dollars. I might have to break the rule for the Trade dollar but hopefully not. If you crack them right and are careful handing them it doesn't do much. With the older coins you can even handled them and it wont really matter just have clean hands. The older ones have all been circulated and handled before so you arent doing anything that hasnt been done to them before. Its the pristine new coins you want to stay on the edges if youre using those for the modern section or if you get any high grade older coin (personally I wouldnt crack a high grade older coin). You will lose some value since theyre no longer in the slab, but for coins at that price the losses wont be huge and in some cases may be minimal. I would also add it wouldnt be worth it to re-slab coins like that before selling, itll cost you more to have them graded then it may be worth and certainly more than the value you would be adding. Theres several threads on here about different ways to crack slabs, different people find different ways easier. If youre really concerned about it you can find some coins slabbed that are under 5 dollars and practice on one or two of those to see how it goes.
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Pillar of the Community
United States
3184 Posts |
I wouldn't do it with the expensive coins but its up to me. I think a slabbed 7070 is funner
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Pillar of the Community
United States
1374 Posts |
Google "Cracker's Remorse", there is a very popular thread about someone who went for the 7070 set and cracked them all out of their slabs. IMHO, it seems very dumb. If you're going for an MS type set, leave them slabbed. If not, buy them raw and save a ton of dough. You might even come across raw MS coins from a someone who had the bright idea of cracking their slabs apart.
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Moderator
 United States
188404 Posts |
When the time comes, I will have no problem cracking the coin out of the slab for the 7070. I bought the album to hold a collection, which is my choice.
If I were going to have a problem cracking the slabs, I would not put any coins in the album. Instead, I would build a slabbed set like some others have.
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Pillar of the Community
United States
1374 Posts |
I can fully understand cracking slabs open for coins that are not MS... but watching someone crack classic MS65s just doesn't seem like a great idea. I've opened the windows on my Dansco only a couple of times, but even so the little cardboard fibers can fall on to the coin. Or debris and dust that somehow got between the plastic and the sheet, which you don't know is there until you pull the window out. And if one isn't careful about "centering" the coin in the slot, your plastic window will scrape across the coin when you pull it out.
I know these things have been mentioned on the board several times, but definitely something for the OP to consider.
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Bedrock of the Community
United States
20753 Posts |
If your main interest is an investment, then naturally keep the coins in slabs. IF, however, your a collector of coins for fun and really don't care about reselling them, break them out of the slabs, put them in an Album and enjoy your hobby. It is a HOBBY you know. SUPPOSED TO BE FUN.
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Moderator
 United States
188404 Posts |
Quote: ... but watching someone crack classic MS65s just doesn't seem like a great idea. You are probably right. I collect circulated coins and this definitely biases my attitude towards cracking coins and putting them in the Dansco. Yes, I have moved all of my proof set coins to Dansco albums, but in my opinion, cracking an OGP is much different than cracking a high grade TPG slab. Also, this topic is focused on the 7070.  With a few exceptions, my 7070 grades below XF. Any slab I crack for the 7070 will be similarly graded. I do not want to have to crack a slab, but I know that for certain coins, they are the necessary evil of convenience, be it for availability or authenticity.
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Bedrock of the Community
United States
14454 Posts |
if you look at the type set I put together (link in my signature) and you scroll down to the last page you will see I cracked out quite a few from slabs to include into the album. Myself I didn't care of the value of the coin because I never had any plans to sell them so if I bought it for the set slabbed it was coming out no matter what the coin cost. As far as how easily can the coin be damaged, after they are out of the slab they can be damaged just like any other coin but if you use caution with them they should be fine. One thing I made sure of was that the coin wasn't closer to one side or the other where the slide would rub against it when sliding it in or out. The best way may be to go ahead and get all the coins for the album before you crack the others out that way you will not need to keep sliding them in and out to put other coins in the album but that one time
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Bedrock of the Community
13014 Posts |
Quote:I collect circulated coins and this definitely biases my attitude towards cracking coins and putting them in the Dansco. Yes, I have moved all of my proof set coins to Dansco albums, but in my opinion, cracking an OGP is much different than cracking a high grade TPG slab.  All the ones I've cracked have been high priced by any means or even high grades with a few exceptions for moderns. Some of the slabed 68 moderns I've been able to find cheaper than buying the coin raw so it actually saved me money for once to crack it
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Pillar of the Community
United States
1374 Posts |
I hear the point on value and resale. But my point was more along the lines that your coins just won't be as enjoyable to look at with a loupe, when they have little pieces of the album's filaments on the coin, or when they get scuff marks from sliding the windows open and closed. The coins might look collectively cool, all in a row and with labels under them, but when I look at my coins I'm always using a loupe. Now, I'm disappointed when I look at my coins in the Dansco and notice little brown fibers on them from the album itself.
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Moderator
 United States
188404 Posts |
Quote: But my point was more along the lines that your coins just won't be as enjoyable to look at with a loupe, when they have little pieces of the album's filaments on the coin... I seldom look at my coins under high magnification once they are in the albums, but I do understand and respect those who do. You have a valid concern; one which does not affect me, but could affect others. Quote: ...or when they get scuff marks from sliding the windows open and closed. I make sure that the coins are inserted below the edge. Once a coin is in the album, it is there to stay (I do not upgrade). I also make an effort to wait and insert all of the coins under one slide at one time. This is easier said that done, so there are times where I have to move the slide again (and again, especially for the 7070). Working with an album requires patience and the plastic slides need respect. You make valid points that need to be considered. Albums are not for everyone, and those who are considering them need to know all of the risks as well as the benefits.
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Pillar of the Community
United States
1620 Posts |
That's my issue when I first got the album I wasn't sure how I wanted it to look and I don't know why but the LMC from 59-69 are one of my favorites so I decided to work on that page first because I wanna do those in all proof and sms then all the rest of the LMC I have I got from bank rolls which I completed that and then ill add all the 70-2012 proof coins as I get them then ill do all mt LWC its a long process to get a album the way you want it to look it will be worth it in the end ill post some pics of my dansco before and after pics. jbuck do you wipe your plastic covers with alcohol when a row is complete to remove any finger prints or whatever else sticks to those
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Valued Member
 United States
153 Posts |
Thanks, Bryan for sharing your wonderful 7070 set!! That is my collecting dream after upgrading some of these coins for 10 years. How much did you pay for it if you don't mind me asking? :) I went shopping on ebay this weekend, and only have about 20 empty slots. I purchased two Seated dollars, which I'd grade XF40 and VG10. I'm finding the Capped Bust coins in general difficult to find nice problem free examples which is unfortunate because I like the design..
Edited by coins4fun 10/18/2012 12:20 am
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Replies: 14 / Views: 2,498 |
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