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Busting Slabs Of Prez Dollars

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TheForce's Avatar
United States
4867 Posts
 Posted 09/23/2015  12:02 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
What are your thoughts of busting open slabs for quality coins for your albums, especially for modern coins? I am tired of getting junk buying single coins on ebay that have spots and blemishes (Prez Dollars). I would think slabbed coins would provided excellent examples. I don't collect this series but I am interested in a few of the coins.
Edited by TheForce
09/23/2015 12:05 pm
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jdiablo30's Avatar
United States
946 Posts
 Posted 09/23/2015  12:08 pm  Show Profile   Bookmark this reply Add jdiablo30 to your friends list Get a Link to this Reply
I love breaking coins out of their prisons! Have a whole lot of them filling my albums as well
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Bud250r's Avatar
United States
824 Posts
 Posted 09/23/2015  12:29 pm  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
I break open a proof set and mint set every year for
my albums. And don't look back.
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Atlas642's Avatar
United States
562 Posts
 Posted 09/23/2015  12:52 pm  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
I also prefer opening mint, proof, and silver proof sets for my coins.

I have a Dansco series of all circulation denominations from 1960 to 2010 that I'm working on, mostly made from set coins.

The extra premium for slabbed coins versus mint and proof sets has kept me away from cracking slabs.
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smaugshoard's Avatar
United States
16 Posts
 Posted 09/23/2015  1:29 pm  Show Profile   Bookmark this reply Add smaugshoard to your friends list Get a Link to this Reply
+1 for using mint sets for albums. If you can find slabbed coins without paying a high premium for the plastic then I'd say go for it.
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1325 Posts
 Posted 09/23/2015  1:53 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
WEll my wierd American set with Livery Nickel, IHCm Walking Liberty hald, Silver Washington, and Mercury dime is already broke when I got it. Paid $5 for it. Just haven't seemed to getting aroudn to breaking it fully out yet cause I have no place to put my walker at. If I had a hole to fill I would fill it fast with whatever I had to fill it with. I get my Pre$ from boxes of small dollars, so jsut having 1 is better than none and the quality of most isn't very bad.

Its your coins and your slabs, so do what you want with the things, you paid for them!
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jbuck's Avatar
United States
187862 Posts
 Posted 09/23/2015  2:26 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have not bought a slabbed coin yet, but I suspect I will at some point (key dates being increasingly difficult to find raw). I will have no problem busting out that coin and putting it in my Dansco.
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AES's Avatar
United States
451 Posts
 Posted 09/23/2015  4:02 pm  Show Profile   Bookmark this reply Add AES to your friends list Get a Link to this Reply

Quote:
I will have no problem busting out that coin and putting it in my Dansco.


Don't be so sure. It took me 15 minutes to get through a SEGS slab the other night. I've never seen anything so tough.
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jdiablo30's Avatar
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946 Posts
 Posted 09/23/2015  4:10 pm  Show Profile   Bookmark this reply Add jdiablo30 to your friends list Get a Link to this Reply
Aes..what is your technique for breaking through them?
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Atlas642's Avatar
United States
562 Posts
 Posted 09/23/2015  4:11 pm  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
Ugh...I have two Jefferson nickels in SEGS slabs I have yet to break out. I guess that after 15 minutes, it'll either be the slabs or my fingers that are broken.
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AES's Avatar
United States
451 Posts
 Posted 09/23/2015  4:20 pm  Show Profile   Bookmark this reply Add AES to your friends list Get a Link to this Reply
I use a pair of channel locks to break most slabs, and just pry them apart. But I had to cut the SEGS slab apart with a hacksaw. I think breaking slabs to get high grade modern coins for a Dansco is a great idea if you can get them at a reasonable price.
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dohcollector's Avatar
Belgium
464 Posts
 Posted 09/23/2015  4:53 pm  Show Profile   Bookmark this reply Add dohcollector to your friends list Get a Link to this Reply
what is the purpose of a slab then....don't be mean,
I'm from europe we just don't slab coins...yet
Seriously, why remove them if it adds safty, value, and refernce info.
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jbuck's Avatar
United States
187862 Posts
 Posted 09/23/2015  4:54 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I do not think any slab will be able to resist my power rotary tool and a cutting wheel.
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smaugshoard's Avatar
United States
16 Posts
 Posted 09/23/2015  5:42 pm  Show Profile   Bookmark this reply Add smaugshoard to your friends list Get a Link to this Reply
dohcollector,

Many keep their coins in slabs for all those reasons you mentioned above. Slabs just don't offer a viewing experience like an album does and you are always looking at your coin through a chunk of plastic. IMO the true purpose and value of graded slabs is to facilitate buying and selling. The slab certifies the opinion of a neutral third party expert. Similar to getting a jewelry appraisal. Once you own the coin and don't plan on selling it you can keep it safe in many ways that offer a better experience. You can always get it slabbed again if needed for resale.
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OspreyCoins's Avatar
United States
932 Posts
 Posted 09/23/2015  5:43 pm  Show Profile   Bookmark this reply Add OspreyCoins to your friends list Get a Link to this Reply
Set them free!
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dohcollector's Avatar
Belgium
464 Posts
 Posted 09/23/2015  7:11 pm  Show Profile   Bookmark this reply Add dohcollector to your friends list Get a Link to this Reply
i kinda understand ,facilitating buying and selling, guess its also owner preferences ,thx for explaining smaugshoard
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