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Type Coins Dilemma, Raw Or Slabs?

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Valued Member
MLFLY's Avatar
United States
130 Posts
 Posted 03/19/2008  10:39 pm  Show Profile   Bookmark this reply Add MLFLY to your friends list Get a Link to this Reply
I've been toying with the idea of a second 7070, the latter holding only the best I have or can obtain. While it might not ever be finished, I have a good chance at filling 3/4th's of it now. To do so, I'd have to break out some proofs, prestige sets, commem's and etc. The tough decision is to do that or to have them all slabbed and keep a box with a slabbed type set - not so compartmentalized but pretty cool to pull out and show. It's not an easy decision.
Bedrock of the Community
United States
20753 Posts
 Posted 03/20/2008  09:28 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I'm not a slab collector so the few times I purchase a slabbed coin I break it out for an Album. I do keep the little sticker from the slab though. On most of my Albums I have added a page, sheet of paper actually, and tape the little explanations from a slab onto that sheet. I use the type of medical tape that comes off easily so that if I move that coin from one album to another, it's easier to also move that little tab from the slab.
As already mentioned though. If your not planning on selling your collection or some of it real soon or maybe never, what difference does it make what those coins are. From a slab or not. Who cares? Those are your coins, so enjoy what you have.
Pillar of the Community
Ralph's Avatar
United States
1582 Posts
 Posted 03/20/2008  10:31 am  Show Profile   Bookmark this reply Add Ralph to your friends list Get a Link to this Reply
I hear you just carl. I've bought very few slabbed coins, and, for the most part, when I did it was for my great nephews and nieces - graduations, birthdays, etc. Figure they'll be less likely to spend them if they are in a slab - so far, it's worked.

As far as buying slabbed coins for my own collection, I have bought very few, and, then, only because they are key dates, and I felt better knowing they were graded by a professional grading company.

The last slabbed coin I bought was a 1916D Mercury dime in an ANACS slab, and, yes, I cracked it out so I could put it in my album. I, too, keep the tab from the slab that indicates that it was, indeed, graded by a TPG. Not so much for me, but, whoever inherits this little collection of mine will probably unload it...and it may help them get a little more for it.

Ralph
Valued Member
small change's Avatar
United States
69 Posts
 Posted 03/20/2008  11:39 am  Show Profile   Bookmark this reply Add small change to your friends list Get a Link to this Reply
Wow, thanks to all those that have answered this topic, it seems like there are a lot of others with the same predicament. I guess for now the higher priced coins will stay in the slabs. I will continue to look for nice raw coins to add to my albumn but they will probably be the coins in the under 200 dollar category, again thanks to all who took the time to answer my questions. This truly is a great forum.

Small Change
Pillar of the Community
SpringCypress's Avatar
United States
666 Posts
 Posted 03/29/2008  6:31 pm  Show Profile   Bookmark this reply Add SpringCypress to your friends list Get a Link to this Reply
I'm thinking about going the complete opposite way on my 7070. My original intention was to fill it up with XF or better, but I think that's going to be prohibitivily expensive.

SO I'm thinking about seeing if I can put a P1-F2 set together with the stipulation that the coins aren't damaged in any way other than wear. So instead of worrying about finding the money to upgrade examples, I'll probably be able to make money as I downgrade my set...
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okie-colin's Avatar
United States
1083 Posts
 Posted 03/29/2008  9:08 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
What Brian said. Cracked em out - put them in the 7070, and taped the TPG number and grade to the inside cover. Personally I prefer my coins raw, like the majority I purchased for my album,, but you need to be knowledgeable and careful.
Pillar of the Community
USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 03/29/2008  9:18 pm  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
small change,

I'm have a very similar dilemma. I just purchased a 7070 and I have a slabbed Bust Half. I decided to just crack it out since the coin (theoretically) merits the slab, not the other way around. If you ever want to sell you can always re-submit them.

So I would say go after certified coins if that's what you're comfortable with and crack them out. So long as you can side-step a PCGS/NGC/etc. premium the only difference is peace of mind.
Edited by USArmyParatrooper
03/29/2008 9:23 pm
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