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Replies: 12 / Views: 2,003 |
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Pillar of the Community
United States
8904 Posts |
I have this recent arrival. My quandary? As most of you know, I don't usually keep slabbed coins in their slabs. I much prefer them in an album versus a collection of plastic slabs. But! Occasionally, if the coin has a strong provenance associated with the slab, or it's a particularly rare coin, I'll keep it in its slab. Is this coin, in its slab from "Stack's W 57th St Collection", a particularly rare provenance be preserved in this condition? Or is this another promotion from a TPG to promote its grading service? Let me know what you think please. I'm torn whether to crack this slab or not... 1824 Capped Bust Half Dollar (O-104/R-2, Stack's W 57th St Collection)  Edited by Moe145 03/31/2016 4:04 pm
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Pillar of the Community
United States
7375 Posts |
Of course it's your choice. It seems you are probably going to keep it for a while because it's going into your album, so I say 'crack away.' If I was going to eventually re-sell it, would probably leave it in the holder. my .02
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Pillar of the Community
United States
1654 Posts |
The 5th Avenue hoard had over a million coins, iirc. The label inside the slab, featuring the auction house's name, is a curiosity of little value, imo. Knowing the coin in your album came from that famous hoard though, priceless! Fill that hole with a great looking coin!
Edited by ArrowsAndRays 03/30/2016 7:03 pm
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Rest in Peace
United States
17900 Posts |
I am one of a very small group that enjoys having examples annotated in the holders from great collections and hoards. I enjoy the provenance of those coins and appreciate the care given to them to allow them to survive.
I use the 9 pocket pages made especially for "slabs" and get just as much enjoyment paging through those albums as I do for my 20 and 12 pocket pages.
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Pillar of the Community
United States
589 Posts |
Quote:in its slab from "Stack's W 57th St Collection", a particularly rare provenance be preserved in this condition? Or is this another promotion from a TPG to promote its grading service? I have few of these from when they came out in 2014. In my opinion most if not all are over graded. If it was close to the next grade up, well that what's got put on the grade. There were so many being auction off every week, most were sold for a large discount.
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Pillar of the Community
 United States
4589 Posts |
YMMV ... certainly in my series (3cs) most of the lower graded W57st collection coins are gift grades. But I have found a couple of the XF coins accurately graded and - despite my saying I wouldn't have one I the collection - one of them is in my XF circulated set.
But I've also seen W57 "XF"s that would be hard pressed to make VF30 if correctly graded.
So:
Never say never -and- Even a blind squirrel sometimes finds a nut
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Bedrock of the Community
United States
11951 Posts |
Nice coin, that would look good in a album. But ..  I am sure others have thought this, I think it would be nice to have a group of slabs from hoards. Redfield, Binion, Battle Creek ...etc I would at least sit on it for a while, then it might come to you, weather to crack it open or not
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Pillar of the Community
United States
7189 Posts |
The coin belongs with her sisters in your album. But you can keep the label in the album too.
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Pillar of the Community
United States
1499 Posts |
Pulling coins out of NGC and PCGS slabs is a personal choice, but it is a very expensive move. Shipping expenses, grading fees and the risk of getting a lower than the original grade or even a "details grade" are all costs or potential costs connected with album crack-outs.
You coins are worth more in certification holders and are easier to sell. If you have coins that are worthy of sale in major auctions, certification of U.S. coins is mandatory. You need to realize that when you move coins from slabs to albums.
Edited by billjones 03/31/2016 2:19 pm
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Pillar of the Community
United States
8516 Posts |
Crack crack, don't look back !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Moderator
 United States
34397 Posts |
My thought is to keep it in the slab if you are ten years or less from liquidating your collection, for the reasons mentioned by billjones above. However, if you in the middle of your collecting career or even the beginning, then crack it open carefully and save the label. Who knows what kind of slabbing technology the TPGs will be foisting on us in 20 years.
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Bedrock of the Community
United States
94367 Posts |
Personally, I would leave it in the holder if you think you might sell it in the next ten years. It'll be much easier slabbed. 
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Pillar of the Community
United States
1432 Posts |
Quote: The coin belongs with her sisters in your album. But you can keep the label in the album too. amen
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Replies: 12 / Views: 2,003 |
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