Break Out Morgans From PCGS And NGC Holders To Place In My Albums

If they are common date and 64 or under go for it. Most 65 and above should be left alone as well as ones where authenticity is questionable or is in a high value grade with one grade lower dropping price significantly etc. The common stuff can and honestly should be freed. You do know about the hammer and towel method correct? Its the best way to crack a slab

I've done it, but I would just buy another MS63 in the appropriate date and put that in the album. Cascade is giving you good advice just above. Don't crack out anything MS64 or better, the value difference in a potential re-grade that drops a point is too great. Remember, when it's time to sell, your raw coins will instantly become MS63 or MS64 instead of MS65 and MS67.

Another consideration may be, get rid of the album and those empty holes that drive you batty and slab the entire collection. You can get a slab album, if you like.

The weight on the opinions is crack them out. That is what I am going to do. I am wondering if a Dremel rotary tool would be safer than cracking the case. Not sure how to do the hammer and towel method or nipper method. Is this something I can find on You tube?

I went through the same issue about three years ago with my Morgan collection in Whitman albums when I got into the better and key dates. I buy almost all my coins online and I was not willing to purchase any raw coin over $300 online and I did not want to crack out any coin over $300 as the coin would lose value on resale. I ended up converting the entire set to slabs. I sent about 40 Morgan's to NGC under economy grading. I sold about 10 raw coins on ebay that were not worth getting graded. It was a valuable lesson in both selling coins and getting coins graded. There is no right or wrong answer to your question about cracking out coins for your album. It gets down to how you want to collect and your risk tolerance.

If I paid $2000 for a coin in a slab I would not crack it out. I have cracked out most of my Morgans so far and I have over 80. I have a couple of GSA Morgans and I am not cracking them out. I have a few LSQ's in slabs and I won't crack them out because I paid too much for them and if I ever sell them I don't want big discussion about grade.
I probably will sell my coins one day, or my wife, or brother will so I keep the expensive coins in slabs and the more common ones can go into my album books. If I bought a 1916-d Mercury dime in EF condition in a slab there is no way I am going to crack it out and same goes for the 1916 LSQ. If you buy a rare/expensive coin that has been graded unless you think it has been undergraded why would you crack it out to expose it to humidity and all the other variables. When I buy online everything I buy is slabbed because I cannot believe what sellers say or what photos show to my eye.

I have not yet, but I will not hesitate to crack a slab to fill an album hole. However, these would be circulated coins. I am reluctant to crack something that is higher grade so I would just avoid them.

Image cracked out a number of coins for my collection. I do have my limits though - rare coins, > $1000 or highly counterfeited coins I would probably leave in the slab.