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Cracking Slabs

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chris12018's Avatar
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 Posted 03/07/2011  7:39 pm Show Profile   Bookmark this topic Add chris12018 to your friends list Get a Link to this Message Number of Subscribers
I know many members here crack open slabs for the coin to fill their albums. My question is: At what MS grade do you not crack it out of the slab?
Edited by chris12018
03/07/2011 8:01 pm
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Americanamafia's Avatar
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 Posted 03/07/2011  7:44 pm  Show Profile   Bookmark this reply Add Americanamafia to your friends list Get a Link to this Reply
If I plan on selling it, in the slab it stays, If I plan on keeping it for me, into the dansco it goes!
Edited by Americanamafia
03/07/2011 7:45 pm
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Scooby Due's Avatar
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 Posted 03/07/2011  7:46 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
I would have to say I draw the line at FR-2. Anything less than that, I don't usually bother with.
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chris12018's Avatar
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 Posted 03/07/2011  8:01 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I should of said what MS grade would you not crack it?

I'll rephrase my ? in orig. post.
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Scooby Due's Avatar
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 Posted 03/07/2011  8:02 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Bedrock of the Community
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 Posted 03/07/2011  9:46 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
For me it makes absolutely no difference of the grade of a coin in a slab. They all come out and into my Albums. I collect coins, not plastic.
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tornandfrayed75's Avatar
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 Posted 03/07/2011  9:58 pm  Show Profile   Bookmark this reply Add tornandfrayed75 to your friends list Get a Link to this Reply
Nice one Scooby.

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jbuck's Avatar
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 Posted 03/08/2011  10:20 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
For me it makes absolutely no difference of the grade of a coin in a slab. They all come out and into my Albums. I collect coins, not plastic.
I agree with Carl. However, I collect circulated coins, so I would never buy an MS graded coin (slabbed or otherwise) to put in my album. Dilemma avoided.
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 Posted 03/08/2011  11:02 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I agree with Carl. However, I collect circulated coins, so I would never buy an MS graded coin (slabbed or otherwise) to put in my album. Dilemma avoided.

I have but only if the price was similar or less than raw. And that does happen frequently. For some unknown reason many people have coins slabbed that are far less in value than a slabbing fee and dealers end up sort of stuck with those. I've known dealer that too break out such coins full well knowing no one in their right mind would pay enough to cover the additional cost for slabbing.
Sometimes this is actually funny. One dealer has a slab with a 2002D Lincoln Cent graded as MS-62 and right next to him is a dealer with an entire roll uncirculated of the same thing.
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jbuck's Avatar
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 Posted 03/08/2011  5:15 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Do not get me wrong, I would buy a slabbed circulated coin in the price was right.
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chris12018's Avatar
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 Posted 03/08/2011  7:30 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I have a couple CC Morgans VF20 & VF30 & some MS60 - 63 that I have been debating to crack to put in my Dansco.
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xshift's Avatar
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 Posted 03/08/2011  7:44 pm  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
Many do... some keep the little grade sticker from the slab inside the Dansco cover (or with the coins some other way). Just be careful.. no flying coins, please
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chris12018's Avatar
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 Posted 03/08/2011  7:46 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply

Quote:
Just be careful.. no flying coins, please

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 Posted 03/09/2011  10:36 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I have a couple CC Morgans VF20 & VF30 & some MS60 - 63 that I have been debating to crack to put in my Dansco.


I too used to do that. Then one day I noticed all those little things on the inside of an Album cover and said to myself, WHY? What does that prove to me or anyone? If you plan on selling your coins, who would believe the one in the Album is the one from that sticker? Thini of it. If someone tried to sell you a coin and claimed it was slabbed but took it out and here is the sticker, would you believe them? And if you never plan on selling your coins, then really makes no CENTS. So I stopped doing that.
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chris12018's Avatar
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 Posted 03/09/2011  11:31 am  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I had planned on photographing the ones I crack. Every coin is distinct in it's own way the same as a finger print. My train of thought was to capture the various characteristics of each one before cracking and after cracking so that the coin could be identified as the exact coin from the slab. At this point I have no intentions of selling. But, when I'm gone my family may need to (I hope they won't have to). But, one can never tell what the future will bring. I don't like looking at empty holes. So, this is my dilemma.
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Moe145's Avatar
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 Posted 03/09/2011  5:52 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Crack 'em like a clam!!

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