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 Replies: 14 / Views: 1,071 |
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Pillar of the Community
United States
1083 Posts |
Just won off my first coin off a Heritage Auction. A 1814 Classic Head Large Cent. The coin is in an ANACS slab who graded it VG-8 Features - Scratched. The scratch is shallow and small on Liberty's neck and hard to see unless you magnify it. Almost all circulated examples of this short lived series are damaged, most corroded. This one has smooth, uncorroded surface. To me the holder just detracts from it value. The grade is not in dispute and the damage is minor. Think I will crack it out and just enjoy it. Am I nuts?
Colin
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Pillar of the Community
United States
1327 Posts |
no, I say crack it out and enjoy it that is why you buy coin for the enjoyment.
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Pillar of the Community
United States
533 Posts |
If you are going to keep it, crack and enjoy! The slab only helps as a somewhat "objective" grade in my opinion and if you are adding it to your permanent collection, bust it out.
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Pillar of the Community
 United States
1083 Posts |
Thanks DJ. Just to expand the topic a little, does it really make any sense in terms of value to slab any 19th century circulated coin where the authenticity is not in question? (The grade assigned to a circulated coin is based on more objective details than an uncirculated coin. Since Uncirculated coins are more subjective as to grade I can see a purpose sometimes in having them slabbed.) I grade from Photograde and experience and when I sell on ebay I grade accurately and conservatively. With a good picture, why would anyone with any experience pay more for a slabbed example of a circulated type coin? Of course from the previous poster who broke all of his out of slabs, there is the enjoyment factor. Colin |
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Bedrock of the Community
United States
14454 Posts |
if you think you would enjoy it more out of the slab then by all means crack it out, its what ever gives you the most enjoyment from your collection that you should do. Everyones preference is different and thats what makes the world a Great place, if everyone was exactly the same it would get very boring very fast
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Rest in Peace
United States
2684 Posts |
Crack it out UNLESS there is the possibility you might sell it someday. Slabbed coins (from only the top TPGs - NGC, ANACS, PCGS, and ICG) bring much higher prices than the same coin sold raw.
Fred
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Pillar of the Community
United States
830 Posts |
What Fred said  Also, if preservation is important to you, leave it in the slab. I crack out the ones I want to put in an album. I leave the ones slabbed that aren't going in any album. |
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Pillar of the Community
Canada
1267 Posts |
quote:
Originally posted by Morgan Fred
Crack it out UNLESS there is the possibility you might sell it someday. Slabbed coins (from only the top TPGs - NGC, ANACS, PCGS, and ICG) bring much higher prices than the same coin sold raw.
Fred
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Valued Member
United States
256 Posts |
Break it out and get rid of that plastic. Enjoy the coin, not the holder! I was never sold on ANACS and their "net grading" anyway.
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Bedrock of the Community
United States
14454 Posts |
quote:
Originally posted by AuldFartte
What Fred said
Also, if preservation is important to you, leave it in the slab.
I crack out the ones I want to put in an album. I leave the ones slabbed that aren't going in any album.
Oh don't get me wrong, I have my higher grade coins in slabs and also the ones that I bought for certain reasons that weren't meant to go in the Dansco7070 that were already slabbed are also in slabs, but if I bought the coin to enjoy it and feel like I could enjoy it better out of the slab I would definately crack it out |
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Moderator
 United States
23522 Posts |
quote:
Originally posted by okie-colin
Just won off my first coin off a Heritage Auction. A 1814 Classic Head Large Cent. The coin is in an ANACS slab who graded it VG-8 Features - Scratched. The scratch is shallow and small on Liberty's neck and hard to see unless you magnify it. Almost all circulated examples of this short lived series are damaged, most corroded. This one has smooth, uncorroded surface. To me the holder just detracts from it value. The grade is not in dispute and the damage is minor. Think I will crack it out and just enjoy it. Am I nuts?
Colin
I don't know about you, but if it were mine, I'd have to crack it just to hold it in my hand and feel the history. Coins like yours are not meant to be in slabs. |
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Pillar of the Community
United States
2269 Posts |
Crack it open, if you want to sell it in the future get it regraded.
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Pillar of the Community
United States
834 Posts |
Hi Okie-Colin,
In that low of grade if it were mine I would brake it out and enjoy it.You already know the true grade of the coin, for me I like to hold a coin in my hands turn it over and study it that is something you just can not do when it sits in a slab.
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Pillar of the Community
United States
1247 Posts |
The only thing useful, IMO, is authentication. As for coin grades they are like Lays potato chips or was it Nachos?
"Don't worry we'll make more."
In a year or two there's a good chance the grade will be different anyway.
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Pillar of the Community
Egypt
3470 Posts |
Crack and enjoy
This is only my opinion, for me I like to enjoy my coins not to watch them through plastic
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Replies: 14 / Views: 1,071 |
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Posted 12/11/2006 08:51 am
