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Removing A Graded Coin From A Slabbed Holder

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Valued Member
United States
314 Posts
 Posted 03/10/2018  11:35 am  Show Profile   Bookmark this reply Add einstem to your friends list Get a Link to this Reply
I actually do it "both ways".
I do raw coins in my CAPS albums for certain types of coins, and then I also create a "slabbed set" of graded coins for another type of set.
For example, I am finishing up a full Jefferson nickle CAPS set and will do all raw for that, even for some of the tougher dates (a few of which I bought in "slabs" and then "cracked out" to put in my CAPS album.
But I have also decided to do a high-quality SLABBED album of just the Jefferson War Nickles - trying to get highest grade with full-steps where possible. This is a more limited collection, but something that I have decided would be fun to try to do and will do all with fully SLABBED coins.
Similarly, I am doing a Peace dollar collection and doing that entire collection as Slabbed coins, since I want to try to avoid cleaned/detailed/poorly struck coins and my "eyes" for Peace dollars just aren't great and its not a huge premium to get Slabbed Peace's compared to Raw Peaces if you show around.
So, can do it both ways if you want..
Michael
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RubyOpal's Avatar
United States
109 Posts
 Posted 03/10/2018  12:56 pm  Show Profile   Bookmark this reply Add RubyOpal to your friends list Get a Link to this Reply
I wonder what cracking coins out of their cases will eventually do to population estimates. In a few decades,some of the same coins may have been graded two or three times and added into the count!
Valued Member
United States
314 Posts
 Posted 03/10/2018  3:37 pm  Show Profile   Bookmark this reply Add einstem to your friends list Get a Link to this Reply

Quote:
I wonder what cracking coins out of their cases will eventually do to population estimates. In a few decades,some of the same coins may have been graded two or three times and added into the count!


Good point. I guess it depends on what percent of slabbed coins get broken-out and either put in albums or "resubmitted", sometimes multiple times..

And I know some people submit from one slab company to another since they want a different "label"...

But agree it makes the "slabbed populations" really just a count of how many went through the slabbing process, not how many are actually "still out there"...

Michael
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paxbrit's Avatar
United States
992 Posts
 Posted 03/10/2018  4:39 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
I routinely 'crack open' the capsules holding certified banknotes. Sometimes I want to complete a series, and the graded note is not only the nicest copy available when I'm looking for a copy, but it may even cost less than a raw note. It's often also the only copy I can locate where I trust the grade. I get pretty tired of looking at UNC notes that are AU, and AU 58s that are really AU 53s, etc., etc.

There is a reason why graded material is widely available, and subjective grading is it. The premiums added to a lot of items are really overdoing it, I think. The cost of grading should just be a part of the sales price, but no more.
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chafemasterj's Avatar
United States
6514 Posts
 Posted 03/10/2018  5:04 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
I cracked my first slab yesterday when my Civil War Commemorative Half Dollar came in the mail. Right into my 7070 it went.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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jbuck's Avatar
United States
189767 Posts
 Posted 03/11/2018  12:14 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I cracked my first slab yesterday when my Civil War Commemorative Half Dollar came in the mail. Right into my 7070 it went.
Well done.
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basebal21's Avatar
13014 Posts
 Posted 03/11/2018  01:54 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I wonder what cracking coins out of their cases will eventually do to population estimates.


Populations are always high for that reason and a few others. They're especially high right around big value jump grades.

Rather than using populations for literal numbers they're a much better tool for relative numbers within the series. Whatever numbers are shown for a coin just assume that not all of those actually exist especially if you're looking at both the PCGS and NGC numbers as many coins are counted in both.
Valued Member
United States
314 Posts
 Posted 03/11/2018  07:56 am  Show Profile   Bookmark this reply Add einstem to your friends list Get a Link to this Reply

Quote:
I cracked my first slab yesterday


... careful.. I find that this can become addictive very quickly..

.. maybe we need to form a support group?
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