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Cracking A Sgs Slabber

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Fatman's Avatar
United States
362 Posts
 Posted 12/12/2012  11:36 am Show Profile   Bookmark this topic Add Fatman to your friends list Get a Link to this Message Number of Subscribers
I received a SGS slabbed 1890-O Morgan dollar rated a MS65 for my birthday from a loved one. The problem is a blind man can see this isn't a 65 So the question is to sell it, crack it or suffer the indignity of it as is.

Cracking-A-Sgs-Slabber

Cracking-A-Sgs-Slabber
Valued Member
tomtom777's Avatar
United States
243 Posts
 Posted 12/12/2012  12:31 pm  Show Profile   Bookmark this reply Add tomtom777 to your friends list Get a Link to this Reply
It was a nice thought but that sucks. I hope the person that bought it didn't pay a lot for it thinking it was a ms65. I would say crack it.
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CoinHawkeye's Avatar
United States
367 Posts
 Posted 12/12/2012  12:56 pm  Show Profile   Bookmark this reply Add CoinHawkeye to your friends list Get a Link to this Reply
The slab does offer protection from getting damaged. If you have an album to put it in or store all your coins in 2x2, then crack it.
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 12/12/2012  1:01 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Probably didn't come with a gift receipt for a return. I would definetly CRACK THAT SLAB.
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mds308's Avatar
United States
1721 Posts
 Posted 12/12/2012  1:05 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
Obviously, if you like it, keep it. Then crack it out and let it feel the fresh air once again. Don't let the loved ones down.

I just noticed your first post.
Edited by mds308
12/12/2012 1:06 pm
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denco7's Avatar
United States
2543 Posts
 Posted 12/12/2012  1:52 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
What would be the point of cracking it ? Would it make you feel better ? Do you have a raw collection to add it to, an album ? Would you like it better if it was in an airtite, rather than an SGS holder ? Otherwise what would be the point of cracking it.

If it upsets your sensibilities then crack it and send it to PCGS/NGC for a real grade.
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oih82w8's Avatar
United States
7840 Posts
 Posted 12/12/2012  2:03 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
hopefully they did not pay MS65 money ($1810 numismedia Fair Market Value) for it. If it is an actual MS64 or better then it would be worth it, otherwise, let it be...if you like slabbed coins.
Edited by oih82w8
12/12/2012 2:04 pm
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jbuck's Avatar
United States
187673 Posts
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Coin Addict's Avatar
United States
110 Posts
 Posted 12/12/2012  4:01 pm  Show Profile   Bookmark this reply Add Coin Addict to your friends list Get a Link to this Reply
It's a gift and a lovely sentiment that goes with it. Someone really thought about you and this coin. Now that said, a gift means that all rights and privileges of ownership have been transferred to you in whole. Which is to say, you may do with it as you see fit, even if tossing it over your shoulder while standing on a bridge.

I don't trust SGS much, but unless I was going to send it to PCGS I'd probably leave it in the slab for protection. Most of my choice coins are in 2x2s and I like it fine.
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Fatman's Avatar
United States
362 Posts
 Posted 12/12/2012  5:36 pm  Show Profile   Bookmark this reply Add Fatman to your friends list Get a Link to this Reply
Well, I found out that she paid less than $45 for it, so that's a major relief. But judging from her response, I'll side with those who said leave it in the slab just to keep it safe, but it will be in a 2x2 before next fall. Oh and for the record, the slab is a constant reminder of being taken so it won't last too long!
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IndianGoldEagle's Avatar
United States
36531 Posts
 Posted 12/12/2012  6:07 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I'd leave it as is, it was a gift and she didn't pay much for it. Better make sure you show her you still have it a year or two from now.
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Jayman931's Avatar
United States
2651 Posts
 Posted 12/12/2012  6:39 pm  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
I think you should drill a hole in the top and make a necklace out of it since it is a gift from a loved one.
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denco7's Avatar
United States
2543 Posts
 Posted 12/12/2012  6:51 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
Oh and for the record, the slab is a constant reminder of being taken .........


I don't know how you can say that ....... your picture is kind of fuzzy but these,1890 O Morgan and 1890 O Morgan don't look much better than yours
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 12/12/2012  7:02 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
You were lucky it was only $45.00. There have been some individuals who have paid actual MS whatever money for basement slabbed coins. That actually looks like it could be a good purchase for the price.
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Earle42's Avatar
United States
10029 Posts
 Posted 12/12/2012  7:11 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
@Jayman



If it were me, it would boil down to what was worth more:
1. Having the Morgan in a 2X2
2. Knowing the one who gave it to you would be thrilled to see it, just as they gave it to you, at a later date.

The Vulcan in me says crack it - illogical humans play too many games b/c of emotions.

The human in me says don't crack it if you think they might care.

Knowing me, I'd crack it and later give an honest and plain explanation (better preservation, SGS standards etc.) when I showed it to them.

My F2F friends know I will be brutally honest with them b/c I ask them to be with brutally honest with me.

That's one of the things I told my wife before I married her. I told her I would not lie to her and if I thought a dress was ugly, or I did not like the new meal she was trying out, then that's what I would say (nicely). She has put up with over 25 years of it and is still smiling!






How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 12/12/2012  8:21 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
This is one of the rarest SGS Graded Coins I've seen as most of them are graded MS & PR68 to 70, and never a 65...
[just a bit of sarcasm for SGS and not the poster]
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