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I Bought My First Slab . . .

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ninamason's Avatar
United States
1227 Posts
 Posted 03/12/2013  6:27 pm Show Profile   Bookmark this topic Add ninamason to your friends list Get a Link to this Message Number of Subscribers
Down at Royal Coins. They have this bin marked "discount slabs" on the counter for slabbed coins on the cheap, and I picked up a 1937-D VF-20 Details (cleaned) Walking Liberty for $13! (yes, I know that's slightly above spot right now and that a cleaned coin is worth no more than spot to most collectors, but it's really pretty and for me eye appeal trumps cleaning; also, if it was cleaned, it was done pretty darned well--I don't see whizz marks or the like.)

1) Slabs are tiny! From y'all's pictures I always had the impression they were really huge.

2) The eternal question: to crack, or not to crack? If it was a PGCS slab I'd leave it alone for certain, but it's ANACS and there's a white imperfection on the side of the slab that looks like the very edge of the plastic might be cracked anyway. I don't plan to sell it (Walking Liberty, have I mentioned how much I've wanted one of those?), none of the other silver in my collection is worth a premium above melt, I don't see it being a problem but I'd like some other opinions.
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upstate's Avatar
United States
3283 Posts
 Posted 03/12/2013  6:49 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Sounds like a good price. If it was mine I'd crack it out but I'm not a slab guy.
I only see their usefulness in terms of guaranteed authenticity.

Nina, Is that you in the green hair?
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mysilveryears's Avatar
United States
1888 Posts
 Posted 03/12/2013  6:50 pm  Show Profile   Bookmark this reply Add mysilveryears to your friends list Get a Link to this Reply
Put that puppy in a vise and squeeze it till it pops.
After all, you said you wanted a coin, not a plastic fantastic prison.. and you won't have a coin until you feel the tingle of the metal against your fingers.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 03/12/2013  6:56 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


If you are happy with the purchase and the price -- that's all that matters.

As for the slab...I have left all of mine alone because I have no reason to do otherwise. I am a magpie of a collector -- I am not trying to fill holes in an album.

So leave it alone until you have a reason to set it free --which I understand requires a hacksaw.
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allranger's Avatar
United States
1391 Posts
 Posted 03/12/2013  6:59 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply
A slab on a 5 oz America the Beautiful is huge, at least if you are used to seeing normal size slabs.
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nickelsearcher's Avatar
United States
15450 Posts
 Posted 03/12/2013  7:10 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Nina ... follow your heart.

Enjoy that slab for awhile .. decide later if worthy to you of cracking out.

No big deal ... it's a bullion coin but to you a new experience for your collecting passion ... and that IMHO is a very good thing.

Best

David
Take a look at my other hobby ... http://www.jk-dk.art
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trout1105's Avatar
Australia
7096 Posts
 Posted 03/12/2013  7:25 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Crack that puppy Nina
It is fun to do it
Anyway there is a soft plastic/rubber ring inside these things that I have always been Suss about
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ninamason's Avatar
United States
1227 Posts
 Posted 03/12/2013  7:48 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
Nickelsearcher, Buddy, I think you guys have the best idea: wait til the novelty of having one wears off and then see how I feel. Thanks I'm leaning toward cracking it because it looks like it's already damaged, but it is kind of awesome to me that I have one.

Upstate--ahahahaha I WISH!! That's my favourite videogame character, Terra Branford from Final Fantasy. She was originally from a 2D game, but is widely considered one of the most popular videogame RPG characters of all time and was brought back for a game called Final Fantasy: Dissidia. I've never played Dissidia (my opinion of the FF franchise is that it went way downhill between VI--Terra's game--and VII--the first one in 3D), but the art for it is very beautiful. (Complete sidenote: Although Miss Liberty on the IHC looks nothing like Terra, I imagine that they are quite alike in character. Terra fights not for love, gain, or vengeance but because sometimes freedom demands it.)
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mds308's Avatar
United States
1721 Posts
 Posted 03/12/2013  8:32 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply


Or at least I do. I'm voting for keeping it slabbed. I bought another slabbed coin today. I like it when somebody else pays for the plastic shrine.
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denco7's Avatar
United States
2543 Posts
 Posted 03/12/2013  8:32 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
I am a slab collector and an album collector. I collect series in raw form and simultaneously collect the series in slabs. I often buy cheap slabs to cut open and fill out my raw collections.

Whether it be in a 2X2 , an Airtite or a flip, you are going to want to store in something. It might as well be a slab. And an ANACS slab is not the worst slab to keep it in. My advice ......... keep it in the ANACS slab until you have a reason not to.
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Cali_Nick's Avatar
United States
307 Posts
 Posted 03/12/2013  10:54 pm  Show Profile   Bookmark this reply Add Cali_Nick to your friends list Get a Link to this Reply
Keep it in there, its neat to have a $13 coin in a slab. How did it get in there and why? is my question.

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NathanASE's Avatar
United States
1511 Posts
 Posted 03/12/2013  11:08 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
Very cool! Congrats on your first slab purchase! Is it one of the older white ANACS slabs? As there much smaller than the PCGS, NGC and new ANACS slabs... Not that it matters, lol, I'm just curious. And actually those small white ANACS's are by far my favorite slabs to date...

Crack it out, don't crack it out.. It's up to you, totally your call! I collect primarily raw, but if a slabbed coin catches my eye I buy it, and most get cracked out.. But others I've left, I don't know why, the blank holes in my albums bother me, but a few of the slabs I started to like and just havent brought myself to break them out het..lol. I primarily collect Morgan's, and buy my own empty slabs and inserts and use a slab album, and at first I cracked them out but now I just throw that slab in the pages instead... Either way though, no big deal. Do it however you like it!
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wilhelm41's Avatar
Germany
138 Posts
 Posted 03/12/2013  11:13 pm  Show Profile   Bookmark this reply Add wilhelm41 to your friends list Get a Link to this Reply
FF6 was definitely a good one in the series

If it were my coin, I'd keep it in the slab, unless I have a hole in a folder that really needs to be filled. It's already in a decent holder, after all.
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ninamason's Avatar
United States
1227 Posts
 Posted 03/12/2013  11:44 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
@mds: I need a new camera cord I promise I will show it off somewhere after I can get one.

@wilhelm, denco, and everyone else who's advised leaving it in: I'm going to, at least for now, after consideration. I can always crack it out later but I can't un-crack it.

@cali_nick: I suspect it's a $13 coin because melt is about $10 and the slab itself has a crack. I pulled out my loupe earlier to look at a nameless I got from the darkside bin and there is decidedly a stress crack (you know, where the plastic turns all milky-looking?) on the side of it. I don't care, it was the coin and not the slab I wanted, but I bet that's enough to land it in the discount bin. I may go back this week and see what else I can snag!

@nathan: The part that holds the coin is about the size of a 2x2 (taking into account all of the cardboard space as well) and the part with the authentication has a yellow label and is about half that size again. I doubt it's an older slab, as the back has a holographic label and advises me that the ANACS website is anacs.com.
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United States
5208 Posts
 Posted 03/12/2013  11:53 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I'm surprised anyone would send in a VF 1937D Walking Liberty half cleaned or not for slabbing.

Good scorefor $13.

I would leave it as is in the slab.
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Joe2007's Avatar
United States
3843 Posts
 Posted 03/12/2013  11:56 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Very cool! I still remember my 1st slabbed coin purchase a few years back (a AU-58 3 cent silver) and have added many since then. The thing is that slabs take up a lot of space if you get a bunch of them.
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