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Coin Storage - Slabs Vs Albums

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steve199's Avatar
United States
1882 Posts
 Posted 12/03/2008  12:22 pm Show Profile   Bookmark this topic Add steve199 to your friends list Get a Link to this Message Number of Subscribers
I know that several of you store your coins in albums. Do you crack slabbed coins (from top tier TPG's) to put into albums?

On the one hand, it would be easier to resell a slabbed coins as I upgrade the collection...

I can see cracking lower value common coins out of slabs, even if they are MS65. But it would hard for me to do with a semi-key date (or better) coin, or a special variety coin.

My coin storage is a mess right now. I grew up using 2x2's, and they are a pain. I have no clear direction, and the more I think about it, the less clear it becomes.
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FreezerBurn's Avatar
United States
135 Posts
 Posted 12/03/2008  12:35 pm  Show Profile   Bookmark this reply Add FreezerBurn to your friends list Get a Link to this Reply
Albums for US coins and 2x2's for World coins in binders.

I own 5 slabbed coins. Two are key date Lincolns. I will not crack them out preferring the holes remain empty and the slabs and all they imply remain intact.

I cracked 2 others out for the Canadian portion of my World coin collection.

I like the look of the US coins in albums and the ease of access of 2x2's for everything else.
Bedrock of the Community
United States
20753 Posts
 Posted 12/03/2008  1:12 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Your question is pending on your future outlook on those coins. If you are worried about the future resale of your coins, then a slabbed coin is usually a better situation. Of course there are other considerations. The size of a collection may make keeping to many slabbed coins impractical. For example I now have well over 100 Whitman Classic Albums. I have no slabs at all. When I purchase a coin in a slab, I take it our for the albums. My choice. It's due to my age I guess. As you become really old you realize the chances of selling a collection is becoming impractical. Not enough time left.
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Texas Trader's Avatar
United States
250 Posts
 Posted 12/03/2008  2:20 pm  Show Profile   Bookmark this reply Add Texas Trader to your friends list Get a Link to this Reply
I am struggling with this as well. As more time passes in the hobby I see less of a desire to want to sell many of the coins I have. I may still look at buying a few slabbed coins to keep in the slabs as an investment but I find myself buying fewer certified coins lately. I have not bought too may high priced coins where a TPG opinion would ensure more of a market price but will take that into consideration for rarities.
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jbuck's Avatar
United States
188204 Posts
 Posted 12/03/2008  2:30 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have no concern about resale. No slabbed coins for me. Dansco albums all the way!
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SJUHawks's Avatar
United States
383 Posts
 Posted 12/03/2008  2:36 pm  Show Profile   Bookmark this reply Add SJUHawks to your friends list Get a Link to this Reply
I don't have very many coins, but if I got a slabbed one, I think I'd rather have it in my album. To me the goal of completing the album is what I'm after. The resale value is of no consequence to me, as I have no intention of selling the coins...ever.

The only time I can see selling a coin is if I somehow obtain one well below market value, then there might be a reason to re-sell it. Other than that, mine are all for the albums.
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steve199's Avatar
United States
1882 Posts
 Posted 12/03/2008  2:46 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
Thanks for the thoughts. The only reason I have slabs is because of ebay...looking for deals with some sort of safety net on grade. I'm not buying the slab, and if the coin is not up to the grade, I will (and have) return the coin.

So far, have not been able to bring myself to crack 'em open.
Bedrock of the Community
United States
20753 Posts
 Posted 12/03/2008  6:08 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Someone once told me that for completing a collection you could just put a piece of paper in the album saying complete but coin x, xx and xxx are in slabs somewhere. To me this is just dumb. For example with now 12 Mercury dime Whitman Albums I would have to have about 50 to 100 slabs somewhere and a pile of pieces of paper saying what the are and where they are.
Of course after well over 60 years of coin collecting, the amount of coins is extensive. If all the valuable ones were in slabs I'd have to rent the entire bank where I have a safe deposit box for them all.
I have no intent on having any slabs. I do not plan on ever selling a coin, never have, hopefully never will. Therefore, I really don't care about the future value of any of my coins.
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coindexter's Avatar
United States
869 Posts
 Posted 12/03/2008  6:53 pm  Show Profile   Bookmark this reply Add coindexter to your friends list Get a Link to this Reply
I would not buy a slabbed coin. I would buy 10 other coins for the price of that slabbed MS coin. I guess I like to see a coin that has aged some out of slab (VG-VF) Or how about this a guy buys a 1966-P LMC MS-67 in pcgs slab and discovers 10 years from now that the 1967-P was the coin with the highest value. Don't take chances buy em all in a affordable condition that ya like.
New Member
United States
42 Posts
 Posted 12/04/2008  02:51 am  Show Profile   Bookmark this reply Add Quenton to your friends list Get a Link to this Reply
I keep slabbed coins in an album within separate pages designed for slabs (each holds 9). The pages are thick but fit into a large 3-ring binder. Check various numismatic supply companies. I bought a whole bunch at a coin show in New York. The best of both worlds!
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Blue Diamond Gold Exchange's Avatar
United States
97 Posts
 Posted 12/04/2008  04:11 am  Show Profile   Bookmark this reply Add Blue Diamond Gold Exchange to your friends list Get a Link to this Reply
I have not enjoyed the era of coin grading services at all, but the holders do a good job of protecting the coins, and if they are from a premier service, I will always leave them in.
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vermontensium's Avatar
United States
16679 Posts
 Posted 12/04/2008  04:23 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
. I have several slabbed coins in the $500-$2500 dollar range. I think I will leave them in these long term TPG protective holders rather than an album. The coins I have housed in albums are generally less than the above mentioned value. For purposes of protection and resale.
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SJUHawks's Avatar
United States
383 Posts
 Posted 12/04/2008  09:10 am  Show Profile   Bookmark this reply Add SJUHawks to your friends list Get a Link to this Reply
Instead of putting a piece of paper in the album, why not just get a low-end version of the coin that you've got slabbed? This way the album is complete and you've got your nice coin well-protected?
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AuldFartte's Avatar
United States
830 Posts
 Posted 12/04/2008  12:07 pm  Show Profile   Bookmark this reply Add AuldFartte to your friends list Get a Link to this Reply
I have all US and Canadian coins in Dansco albums; my British Victorian type set in a Whitman Classic album, and the rest in 2x2s plus a handful of slabs. I've cracked out several coins for my US type set. I'll buy slabbed coins if they fit my collection, but I usually don't leave 'em in the tomb for very long.
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