| Author |
 Replies: 57 / Views: 3,582 |
|
Valued Member
United States
224 Posts |
As of tonight, I have just finished breaking out EVERY slabbed coin I owned! All 411 of them. Howbeit, I photographed in high definition detail the coins in the holders before doing so. This took right at 8 hours to complete. My vice is smoking and my hands are sore! Now with that said, the reasoning behind my eccentric behavior was that I was sick of handling plastic! I did not buy these coins for the investment, but for the joy of collecting them. What ever happened to that reasoning?!! I buy coins because I love them. There is nothing like the feel of a coin between your thumb and index finger. (Never understood why they call it an index finger as I don't use any of my fingers to read indexes, but OK...). The weight of the coin, the feel of the lettered (ie. smooth) and reeded edge and the art of holding a coin are all taken away by these wretched plastic gawd awful things called slabs. You can't even enjoy the edges in these flammin' slabs! I now have little bits of plastic all over my house, but my heart is light with the restoration of numismatic glee. I know I will get slammed over this "insanity", but such is the mind of an eccentric. There is no reason to reason with the unreasonable! If I am indeed insane, just leave me alone. I am happy!  I will purchase some Coin World holders if I feel the absolute compulsion to do so to protect some of my better specimens. That way I can break them out and fondle them without my side cutters and then put them back into their coffins. Anyway, there you have it! I hate slabs and do not believe they are a necessary evil of this hobby. Whatever happened to the days of ANACS photographs! I still have many of those!   |
|
|
|
Valued Member
United States
208 Posts |
What would some of these better specimens be? Are we talking any coins worth thousands of dollars? Either way, part of the hobby is having fun and appreciating the coins for what they are.
|
|
Valued Member
United States
455 Posts |
I agree with you TypeMaster. The slab protected you when you bought the coin, gave you the assurances that you were getting what you paid for. If you're into coin collecting for numismatic appeal (as I am), and you feel they show better sans slab, CRACK 'EM OUT. I only have one slabbed coin, actually a Ben Franklin Scientist I picked up last week. It's nice to know that an agency graded it 69, but the plastic is ugly as h***. I will probably move it to a regular air-tite eventually. Now on the other hand, If was speculating and buying expensive coins in hopes of flipping them at a profit, it would be insane to crack them.
|
|
Valued Member
 United States
224 Posts |
quote:
Originally posted by RangerXLT8
What would some of these better specimens be? Are we talking any coins worth thousands of dollars? Either way, part of the hobby is having fun and appreciating the coins for what they are.
To me (and this is just me) 90% of the hobby is enjoying the coins for what they are and appreciating the history behind them. The rest is just value / worth and hype. Probably 40% of them grey sheet out at above $900.00 each. One of the last ones I broke out was a 1874 Proof Quarter Arrows NGC 67. I will be putting that back in a holder as well as about 50 more, but at least I will know I can get to them anytime I want without a vise. Yes. Many of them were greysheeted out a above $1000.00. |
|
Valued Member
United States
224 Posts |
quote:
Originally posted by TSmith3510
I agree with you TypeMaster. The slab protected you when you bought the coin, gave you the assurances that you were getting what you paid for. If you're into coin collecting for numismatic appeal (as I am), and you feel they show better sans slab, CRACK 'EM OUT. I only have one slabbed coin, actually a Ben Franklin Scientist I picked up last week. It's nice to know that an agency graded it 69, but the plastic is ugly as h***. I will probably move it to a regular air-tite eventually. Now on the other hand, If was speculating and buying expensive coins in hopes of flipping them at a profit, it would be insane to crack them.
You actually said what I wanted to say. Out of the thousands of coins I have purchased over the last 30+ years, I have only sold a hand full. Mostly duplicates and so forth. If I were speculating I would neve break them out, but as I am a collector... I am collecting and want to experience all the numismatic erotic connections with my coins that I can.  I you want to speculate in the coin business, become a Heritage like entity. Otherwise, enjoy the purity of this hobby without submitting to the undercurrents of the coin society at large. I suppose I am a rebel! |
|
Pillar Of The Community
3147 Posts |
Hats off to TypeMaster for finding the truth! From here on out, unless you are buying keys, save yourself some money and buy raw coins. With the proper guide books and information you can avoid counterfeits as KNOWLEDGE is the key! You have actually brought a smile to my face just knowing one more person has sworn off of the grading companies and you have single handedly rescued all those coins from their plastic coffins. If you do have something in the future that requires maximum protection, such as proofs, do yourself a favor and buy airtites! Job well done!
|
|
Pillar of the Community
United States
7123 Posts |
Hi TypeMaster
All of my coins are Raw except one ,,which was given to me by another forum member along with receiving the perpetual set,, that coin will stay in the slab in my collection as special !!
Congratualtions on your new found freedom !!
And welcome back to the world of the Raw coin Lovers !!
Rick
|
|
Valued Member
United States
224 Posts |
quote:
Originally posted by crystalk64
Hats off to TypeMaster for finding the truth! From here on out, unless you are buying keys, save yourself some money and buy raw coins. With the proper guide books and information you can avoid counterfeits as KNOWLEDGE is the key! You have actually brought a smile to my face just knowing one more person has sworn off of the grading companies and you have single handedly rescued all those coins from their plastic coffins. If you do have something in the future that requires maximum protection, such as proofs, do yourself a favor and buy airtites! Job well done!
Well.... Actually I haven't sworn off the grading companies per se'. But I will use them for what they are worth to me. That is a second opinion and for just what you mentioned. A second opinion on the authenticity of a coin. Their grading is only as good as mine as far as I am concerned. This may sound arrogant, but who the h**l says that the TPG's can grade a coin any better than the person owning or purchasing the coin?!!!! It's all a money making scheme in my never to be humble opinion. I may send coins to TPG', but after they return and I photograph them, their slabs will be in my trash compactor. Now here is the conundrum. When my children inherit my collection will they be at the mercy of unscrupulous coin acquirers? This is my only concern. But even if they are, they didn't have to pay for these coins now did they? It's all profit to my kids! |
|
Valued Member
United States
224 Posts |
quote:
Originally posted by Metalman
Hi TypeMaster
All of my coins are Raw except one ,,which was given to me by another forum member along with receiving the perpetual set,, that coin will stay in the slab in my collection as special !!
Congratualtions on your new found freedom !!
And welcome back to the world of the Raw coin Lovers !!
Rick
Hey Rick. Are you a McIntosh? I am asking because of the signature. |
|
Rest in Peace
United States
3730 Posts |
TypeMaster, Good for you!!
|
|
Pillar of the Community
United States
7123 Posts |
quote:
Originally posted by TypeMaster
quote:
Originally posted by Metalman
Hi TypeMaster
All of my coins are Raw except one ,,which was given to me by another forum member along with receiving the perpetual set,, that coin will stay in the slab in my collection as special !!
Congratualtions on your new found freedom !!
And welcome back to the world of the Raw coin Lovers !!
Rick
Hey Rick. Are you a McIntosh? I am asking because of the signature.
Yes Sir Iam !! My crest Badge is in my avatar along with my tartan colors !! Interesting that you would know the Motto ,, are you familiar with the McIntosh Clan ? Rick |
|
Pillar of the Community
United States
595 Posts |
Way to go, TypeMaster!
I agree with you completely about being able to hold the coin in your hand. My coins are not very expensive and they're not for investment, they're just for me to look at and touch and make up fantasies about where they've been.
You're an inspiration.
|
|
Pillar of the Community
United States
1203 Posts |
quote:
Originally posted by TypeMaster
Now here is the conundrum. When my children inherit my collection will they be at the mercy of unscrupulous coin acquirers? This is my only concern.
Congratulations TMaster, in my opinion you have finally became a coin collector, in the truest sense of the word. There just isn't any excuse to keep coins in plastic wrappers. If you want to have good storage you might try those drawers and place them in, according to type etc. As for the "KIDS", I would just say don't give it a second thought. The family collection that I worked on for the last 70+ years was started by my grandfather in the late 1800's. He had his own bank and worked for the Denver mint as an advisor. He had plenty of opportunity to collect fairly nice coins. These were eventually passed on to my father who in turn gave the collection to me to continue. I am at the latter stages of collecting and so decided to pass them on to my children. Guess what! They didn't want them and told me to do what ever I wanted with the whole kit and kabuttal. So 95% of it is now signed over into a perminant trust that should do good for habitat for quite a few years after I'm no longer around. It couldn't have worked out better. So stop worrying. Edited by OldDan
12/02/2006 11:54 pm
|
|
Pillar of the Community
Australia
1091 Posts |
Bravo Typemaster, 411 coins set free!
The best part is that you now enjoy the coins more. Having fun and enjoying the coins is what it is about. Well done.
|
|
Valued Member
United States
69 Posts |
From my perspective, why would the experienced coin collector want to pay the extra money for a TPG coin when they can grade it themselves? And why would someone need a picture when they can hold it in their hand and make up their mind about how good it is and whether or not they want to keep it? |
|
Pillar of the Community
Australia
9390 Posts |
Good onya! TypeMaster. Maybe you could start a trend and all collectors will crack open there slabs. I am so glad we don't have this slab mentality in Aus. Steve |
| |
Replies: 57 / Views: 3,582 |
Posted 12/02/2006 9:15 pm
