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Thoughts On Busting Out Slabbed Coins For Filling Album Pages

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kbbpll's Avatar
United States
4233 Posts
 Posted 06/26/2022  01:24 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
I've never busted a slab, I've never sold a coin, I haven't put coins in an album for 50 years, and I haven't died yet. I'm uniquely unqualified to express an opinion.
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Winesteven's Avatar
United States
697 Posts
 Posted 06/26/2022  02:14 am  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply

Quote:
Here in Russia, many collectors break the slab. For a lot of people, it's just a box. They make such arguments: I want to hold a coin in my hands, the evaluation of coins is not always fair, slab is something new and I am an old-school person.
To be honest, I hate such people. If you say that the slab is bad, then why do you buy a coin in a slack? If you send a coin, and then when you sell it, you say that the valuation is undervalued, why did you send it? Are you an expert? Then why don't you sit in the company where you sent the coins and evaluate them?
Of course, sometimes I want to hold a coin in my hands, but even in this case I am against the slab being broken.
My dream is to have my entire collection evaluated by TPG.


I fully agree!
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
https://www.PCGS.com/setregistry/ty...edset/213996
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Winesteven's Avatar
United States
697 Posts
 Posted 06/26/2022  02:17 am  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply

Quote:
I've never busted a slab, I've never sold a coin, I haven't put coins in an album for 50 years, and I haven't died yet. I'm uniquely unqualified to express an opinion.


Ha!
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
https://www.PCGS.com/setregistry/ty...edset/213996
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mtuma3's Avatar
United States
744 Posts
 Posted 06/26/2022  02:21 am  Show Profile   Bookmark this reply Add mtuma3 to your friends list Get a Link to this Reply
Only coins I broke out were for my 7070 album... I taped the certs on the inside back cover.
Mark
ANA Member

My7070
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hfjacinto's Avatar
United States
7276 Posts
 Posted 06/26/2022  10:29 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Several very good points have been made above. In the end whether you bust out a coin of a slab or don't that's up to you. I have slabbed coins that cost $3 and a raw coin that cost over $800. Both have there places. I like complete albums hence why I have raw coins and I like the idea of a higher quality set in slabs. I will agree that if I spent over $200 for a slabbed coin I would be reluctant to break
It out. But if I purchased an expensive coin raw (1909 S VDB, 16D or 1877), I would keep raw and in an album.

Hence why I have this:

Thoughts-On-Busting-Out-Slabbed-Coins-For-Filling-Album-Pages

And this

Thoughts-On-Busting-Out-Slabbed-Coins-For-Filling-Album-Pages
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Petespockets55's Avatar
United States
5780 Posts
 Posted 06/26/2022  11:22 am  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply

Quote:
That's an affirmative, Flying Tiger


That is one heck of a graveyard.
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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Petespockets55's Avatar
United States
5780 Posts
 Posted 06/26/2022  11:24 am  Show Profile   Bookmark this reply Add Petespockets55 to your friends list Get a Link to this Reply

Quote:
I've never busted a slab, I've never sold a coin, I haven't put coins in an album for 50 years, and I haven't died yet. I'm uniquely unqualified to express an opinion.



Are you looking to adopt someone that will be willing to continue that tradition?
Words of encouragement are one of the major food groups.
We need to consume them regularly to thrive and grow.
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FlyingTiger's Avatar
United States
152 Posts
 Posted 06/26/2022  4:07 pm  Show Profile   Bookmark this reply Add FlyingTiger to your friends list Get a Link to this Reply

Thoughts-On-Busting-Out-Slabbed-Coins-For-Filling-Album-Pages
My 2nd half book came today for my Morgan collection today.Cracked out two that were not to pricey.Keeping the inserts though.
The ones below will never be removed from the slabs ever!

Thoughts-On-Busting-Out-Slabbed-Coins-For-Filling-Album-Pages

Thoughts-On-Busting-Out-Slabbed-Coins-For-Filling-Album-Pages

Thoughts-On-Busting-Out-Slabbed-Coins-For-Filling-Album-Pages

Thoughts-On-Busting-Out-Slabbed-Coins-For-Filling-Album-Pages
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captainrich's Avatar
United States
982 Posts
 Posted 06/26/2022  4:30 pm  Show Profile   Check captainrich's eBay Listings Bookmark this reply Add captainrich to your friends list Get a Link to this Reply
Has anyone ever thought about starting a marketplace for the labels removed from cracked-out NGC and PCGS slabs? Perhaps people who want to update their online Registry Sets would be willing to purchase the labels/registry numbers at a modest price.
It would be a win-win situation: The collector would still have the physical coin in their album, while the Registry user would have a legitimate number to add to their set.
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Winesteven's Avatar
United States
697 Posts
 Posted 06/26/2022  7:30 pm  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply
You mean "CHEAT"? Yes, I see the devil and stir the pot emoji's (lol).

Steve
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
https://www.PCGS.com/setregistry/ty...edset/213996
Edited by Winesteven
06/26/2022 7:34 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/26/2022  7:47 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
To me, breaking a slab to fill an album slot is some sort of hole-filling fixation disorder. There must be a name for it.
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Dearborn's Avatar
United States
96787 Posts
 Posted 06/26/2022  8:16 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
There must be a name for it.

Well lets just call it:
Album slot or hole-filling fixation disorder
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Dearborn's Avatar
United States
96787 Posts
 Posted 06/26/2022  8:19 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
The collector would still have the physical coin in their album, while the Registry user would have a legitimate number to add to their set.

and the sellers could re-sell, and re-sell the same numbers over and over again - and then PCGS and NGC would explode...
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/26/2022  8:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
To me, the illogical destruction of an expensive paid-for slab to fill an album hole is the definition of a curious disorder.
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jbuck's Avatar
United States
188952 Posts
 Posted 06/27/2022  11:20 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I should have noted that any coin I will (hypothetically) free from a slab will probably not lose much value. We are talking lower mid-grade circulated coins to fill an album hole. If it makes you feel better, there are only six of these holes left; so in theory, only six coins will be "ruined" for going raw into an album.

I am only looking at slabbed coins because of potential online purchases. There is a good chance I can fill these six holes with a raw example if I can ever get back to a coin show.

With that being said, let it be known that I do have a PCGS graded set of Ike & associated dollars. Those will never be cracked.
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