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 Replies: 29 / Views: 3,870 |
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Valued Member
United States
118 Posts |
I'm about to start Franklin Halves set in MS63+ but can't decide which route to take. I like the way my coins looks in Dansco albums but for a set that will cost me probably $600-$900 to complete I think it might be better to have it slabbed for better protection and ROI in case I decide to sell it in the future. I don't have any "expensive" coins in Dansco albums and those that I have are sitting there no more than couple months. So I would like to hear your opinions on this guys. Is it better to have them in album for better viewing or have it slabbed for better protection ? Or maybe third option, more expensive, have slabbed set in MS63+ and another AU/BU in Dansco album? |
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Pillar of the Community
United States
1534 Posts |
MS-63 Franklins are not that valuable and can be easily found raw, unless you're looking for FBL's, which is a whole different story. So I suggest you make it raw in a Dansco. Look for raw Uncirculated Franklins and they can easily be found raw in MS-63 and won't empty your wallet. Except for maybe a couple of the 35 needed to complete the set. You will be hard pressed to find slabbed MS-63 halves.
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Valued Member
 United States
118 Posts |
I've meant at least ms63 and above, I do believe that some of them in those grades will cost me over $100 per coin. I know that for many that means not expensive but for me if I spend $100+ on a coin I want to keep it well protected to not loose value of this coin. That's why I'm not sure if keeping them in dansco will be the best way and if I decide to sell it in the future I think it will be easier to sell slabbed high grade Franklin than raw coin.
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Pillar of the Community
United States
1534 Posts |
Dansco would be the best way to go. It all ends up your choice but if you have a Dansco the possibility of you getting a $100+ coin raw for a good price increases. Also, a Dansco album is safe and the ROI isn't bad. Collecting should mostly be done for fun, not profitability, although I have made pretty good profits buying and reselling.
Edited to add: You can also have two sets of Franklin Haves, like you mentioned. Whatever appeals to you is usually thee best choice.
Edited by wheatguy
03/27/2010 4:11 pm
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Valued Member
United States
172 Posts |
You can buy an album made for displaying slabbed coins. The slabs fit right into the album. Best of both worlds, right?
Edited by hugemistake2003
03/27/2010 4:30 pm
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Bedrock of the Community
United States
14454 Posts |
I have a few coins that are muliti thousand dollar coins in my Dansco album so I wouldn't hesitate to put any coin in there myself but it is really according to how you like the looks and how much room you have to store them
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Pillar of the Community
United States
1599 Posts |
I have a complete set of franklins, mainly ms64+fbl's. I cracked them all out and put them in a dansco and they really look good.
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Pillar of the Community
United States
2661 Posts |
If you plane to put $100+ into each coin then slab them. The Dansco is and I use them myself, but they will leave very fine scratches on the high spots with sliding in and out of the plastic retainers.
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Pillar of the Community
United States
581 Posts |
Thank you Tim_Stroud! Gosh, just happened upon this thread. I wouldn't put a MS-ANYTHING in a Dansco. It's the end of a weekend and I can't promise anything, but I've got a "MS" coin that was in a Dansco. You can clearly see the marks left by the plastic sliders. I think Danscos are great to keep that AG/G/F collection of Frankies/roosies/walkers/etc. Because it is VERY cool to have them in an album and if you ever want to throw them on ebay - the fact that there in a Dansco can't hurt. But go ahead. As I said in an earlier message in another thread - each time a CCF member puts an MS-xx coin in a Dansco, that increases the value of my collection!! |
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Bedrock of the Community
United States
14454 Posts |
Quote:
but they will leave very fine scratches on the high spots with sliding in and out of the plastic retainers. there are two ways to stop this. 1. Put the coin in correctly and the slide is nowhere near the coin 2. wait until you have a complete set then insert them into the dansco (only an issue if you can't do #1 correctly) The people that keep crying they scratch coins and its the albums fault just can't admit its their own fault for not inserting the coins correctly. Sure if you have the coin higher than the edge of the album then the slide is going to touch it but the page is thick enough to not let that happen. I have taken each slide out of my album numerous times to take pictures and have yet to find 1 scratch from the slide touching the coin and I have DMPL and proof coins in my album right along with my MS coins and as I said above some were multi thousand dollar coins |
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Pillar of the Community
United States
581 Posts |
Bryan,
As a "moderator" on this forum, I think you need to be a bit more balanced.
Who is "crying"? It's the newbies who read on CCF that Dansco's were cool and they could put their MS coins in them. There is thread after thread about how great Danscos are. It's the CCF way to go.
As you state, the Dansco will damage your coins if you don't do it properly. You have to be a real coin expert to not damage a MS-66 coin when you put it into a Dansco.
Heck, if you have a raw MS-66 coin, you can damage it by BREATHING on it.
And don't forget, once it's in the album, you have to deal with those pesky plastic slides EVERY time you add a coin, remove a coin, change folders, etc. Oh the possibilities for damage are endless!
So, my point is that you really should be collecting coins for awhile before you start throwing MS-63+ coins in a Dansco (as the OP is bringing up). That could be a lot of money down a black hole.
I repeat myself. Everyone, keep putting MS-XX coins in Danscos because that lowers the population of MS coins (because you're gonna mess up more than one of them when you put it in the album) and therefore there are fewer MS coins in the world.
Edited by Kabiye_Lady
03/28/2010 12:15 pm
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Valued Member
United States
312 Posts |
Quote:
I do believe that some of them in those grades will cost me over $100 per coin... MS-63 Franklin's aren't retailing anywhere near $100, except for the 1949-S; according to RedBook. I picked up a MS-63 1963 Franklin for $10.00. Edited by AMFCook
03/28/2010 12:20 pm
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Bedrock of the Community
United States
14454 Posts |
Kabiye_Lady it wasn't actually directed towards anyone. I have read on numerous boards and numerous threads here people crying (a figure of speech meaning shouting on the rooftops so to speak) about the slides scratching their coins and how its the albums fault then only to find that the coin was sticking up higher than it was supposed to be. I agree there is the potential to damage a coin if you do it wrong but that can happen just by cracking out a coin also or picking one up so the album is no more prone to damage than anything else is if done correctly
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Pillar of the Community
United States
1055 Posts |
Quote:
1. Put the coin in correctly and the slide is nowhere near the coin Bryan If you don't mind could you explain the proper procedure for placing coins in a Dansco properly? I have never owned a dansco album but just purchased a complete set in a dansco album and will be planning on upgrading some of the coins. I don't want to damage the coins with the upgrading and the info would be helpful. |
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Bedrock of the Community
United States
14454 Posts |
sure, I always wear gloves because I haven't found any other way but to press the coin in place so I don't want finger prints (just use caution so the glove doesn't wipe the coin). then insert the coin and be sure it is in the hard cardboard material (not cardboard but not sure what its made of) not the leather like covering. if inserted correctly there will be a small area above the coin because the "cardboard" is thicker than the coin and then you can slide the slide in without it ever touching the coin. Another way you can do it if you are unsure is just take one slide out to insert coins and be sure the coin is as close to the other slide as possible then there is no way the slide will touch the coin when you take that one slide out to insert other coins. I just make sure the coin is as close to in the middle of the "cardboard" as possible because I find myself taking pictures allot of certain coins in the album and don't want the glare of the slide in the picture
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Pillar of the Community
United States
581 Posts |
Brian, the BIG question you don't address is how coins "settle" into the album.
99% of collectors arenn't going to collect a complete set and then put them into a Dansco once they've got every last date/mintmark.
Get real. So let's blow off that possibility.
REAL scenerio:
1. I've bought a Dansco for my Frankins (or whatever). I've got 10 out of the 35 to complete the set.
2. I very carefully put my 10 frankies in the slots and Voila!
3. I go to a coin show and buy 3 more coins. Turns out I have to move 3 of the plastic sliders. Oh and Did I Say, I've been showing them to my nephews, etc. So the coins are in WHAT position now? Who is moving the slide?
Once again, go ahead, stash expensive coins MS-66 in Dansco Albums. They'll be worth nothing in a few years if you don't know what you're doing (and there are only about 5% of coin collectors who know what they are doing).
In case anyone is asking, no, I do not know what I am doing. I just know Danscos are very, very bad for MS-63+ coins (as the OP said). Can someone say that Dansco's are GOOD for MS-63+ coins (as the OP requested)?
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Replies: 29 / Views: 3,870 |
Posted 03/27/2010 3:53 pm
