Holes in the book . . .

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian cent). Up
till now I have put all of my coins into albums. When I have freed
slabbed coins, I save the label. I am not sure if I should spring them or
not, can I get your opinions?


That's one of the main dilemas today that face collectors who choose to
house their sets in albums. Afraid to buy an expensive key unless
certified and slabbed, but then there's still that empty hole. Saving the
label from a broken out coin does nothing. Once the coin is separated
from its slab, only you know that the label you saved refers to that
exact coin. But if you have no plans to sell your key coins, go ahead
and break them out of their slab. And you might as well save the label.
It could become valuable for an insurance claim if your collection is
ever stolen.

Remick, it's idiocy to suggest that key date coins be broken out of slabs.
The resale value drops like a rock.

What resale? You assume everyone buys coins for resale? Idiocy? Drops
like a rock? You don't bother to read before reacting. Look again. I
said "If you have no plans to sell your key coins.....". And I mentioned
the potential downside in breaking a key coin from it's slab. If the poster
prefers to include them with the rest of the coins in his album, they're his
coins and he can do as he pleases. HE is confident the keys are authentic.

"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
Bruce Remick wrote:
"don't look" don't wrote in message
...

"Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote in message
...
Russell wrote:
I just bought two slabbed key coins (32D quarter & 08S Indian
cent). Up till now I have put all of my coins into albums. When I
have freed slabbed coins, I save the label. I am not sure if I
should spring them or not, can I get your opinions?

Assuming they are circulated, I'd say crack them out and snap them
into the holes. There are few things in life that give greater
pleasure. James



I was going to say the same about circulated coins. I'd leave
uncirculated(if any) in the slab.Too much chance of damage.


If I bought a slabbed circulated 1932-D quarter and 1908-S Indian
Cent, I personally would leave the 1932-D in its slab and crack the
1908-S. It would be easier to resell a certified 1932-D than a raw
one. There's usually no such problem with the Indian.

It's easier to sell anything in a slab, versus raw, these days. But, are
you collecting sets of coins, or sets of slabs? The only slabs I keep
intact are around coins for which there is no album or other convenient
housing (I collect only circ, and usually quite well circ).

James



Well,I recently watched an auction for a$150.00 1946? MS 64 Washingtion
Quarter sell for over $1100.00 solely because of the slab it was in.I will
collect those slabs(if I can).

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian cent).
Up till now I have put all of my coins into albums. When I have
freed slabbed coins, I save the label. I am not sure if I should
spring them or not, can I get your opinions?


That's one of the main dilemas today that face collectors who choose
to house their sets in albums. Afraid to buy an expensive key
unless certified and slabbed, but then there's still that empty
hole. Saving the label from a broken out coin does nothing. Once
the coin is separated from its slab, only you know that the label
you saved refers to that exact coin. But if you have no plans to
sell your key coins, go ahead and break them out of their slab. And
you might as well save the label. It could become valuable for an
insurance claim if your collection is ever stolen.

Remick, it's idiocy to suggest that key date coins be broken out of
slabs.
The resale value drops like a rock.

What resale? You assume everyone buys coins for resale? Idiocy?
Drops like a rock? You don't bother to read before reacting. Look
again. I said "If you have no plans to sell your key coins.....".
And I mentioned the potential downside in breaking a key coin from
it's slab. If the poster prefers to include them with the rest of the
coins in his album, they're his

Calm down. It IS idiocy to crack key date coins out. Eventually all
coins will have to be sold.
I'm not disputing anyone's right to do what they wish to their coins,
try reading before reacting.

RWF wrote:
"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian
cent). Up till now I have put all of my coins into albums. When I
have freed slabbed coins, I save the label. I am not sure if I
should spring them or not, can I get your opinions?


That's one of the main dilemas today that face collectors who
choose to house their sets in albums. Afraid to buy an expensive
key unless certified and slabbed, but then there's still that empty
hole. Saving the label from a broken out coin does nothing. Once
the coin is separated from its slab, only you know that the label
you saved refers to that exact coin. But if you have no plans to
sell your key coins, go ahead and break them out of their slab. And you
might as well save the label. It could become valuable for
an insurance claim if your collection is ever stolen.

Remick, it's idiocy to suggest that key date coins be broken out of
slabs.
The resale value drops like a rock.

What resale? You assume everyone buys coins for resale? Idiocy?
Drops like a rock? You don't bother to read before reacting. Look
again. I said "If you have no plans to sell your key coins.....".
And I mentioned the potential downside in breaking a key coin from
it's slab. If the poster prefers to include them with the rest of
the coins in his album, they're his

Calm down. It IS idiocy to crack key date coins out. Eventually all
coins will have to be sold.
I'm not disputing anyone's right to do what they wish to their coins,
try reading before reacting.

I, James the Idiot, being of both unsound body and unsound mind, have
cracked out dozens of coins, key dates included - and liked it. The only
coins I have ever had a problem selling have been the ones that wouldn't
slab in the first place.

James
'numismatic IQ just barely into the 20s'

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian cent). Up
till now I have put all of my coins into albums. When I have freed
slabbed coins, I save the label. I am not sure if I should spring them
or not, can I get your opinions?


That's one of the main dilemas today that face collectors who choose to
house their sets in albums. Afraid to buy an expensive key unless
certified and slabbed, but then there's still that empty hole. Saving
the label from a broken out coin does nothing. Once the coin is
separated from its slab, only you know that the label you saved refers
to that exact coin. But if you have no plans to sell your key coins,
go ahead and break them out of their slab. And you might as well save
the label. It could become valuable for an insurance claim if your
collection is ever stolen.

Remick, it's idiocy to suggest that key date coins be broken out of
slabs.
The resale value drops like a rock.

What resale? You assume everyone buys coins for resale? Idiocy? Drops
like a rock? You don't bother to read before reacting. Look again. I
said "If you have no plans to sell your key coins.....". And I mentioned
the potential downside in breaking a key coin from it's slab. If the
poster prefers to include them with the rest of the coins in his album,
they're his

Calm down. It IS idiocy to crack key date coins out. Eventually all coins
will have to be sold.

It's no more idiocy that a collector choosing to make a daily driver out of
his MS65 1957 Chevy rather than keep it pristine under cover in a garage.
As for coins, they have been known to stay in one family for generations.
If they ever do have to be sold, any expensive keys could be resubmitted to
a TPG and certified once more-- if TPG's are still around. Meanwhile, the
owners could have enjoyed handling them and storing or displaying them
however they preferred.

I'm not disputing anyone's right to do what they wish to their coins, try
reading before reacting.

I did. That's what prompted my comments. You made the blanket implication
that anyone who would crack out a key coin is an idiot. Period. No
exceptions. Value was your only consideration. I know what you're saying
and I don't really disagree, but isn't "idiocy" a bit strong?

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian cent). Up
till now I have put all of my coins into albums. When I have freed slabbed
coins, I save the label. I am not sure if I should spring them or not, can
I get your opinions?


You could photograph both sides of the coin while inside the slab, including
the label, but this may not prove anything later once the coin has been set
free. Billy

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian cent).
Up till now I have put all of my coins into albums. When I have freed
slabbed coins, I save the label. I am not sure if I should spring them
or not, can I get your opinions?


That's one of the main dilemas today that face collectors who choose
to house their sets in albums. Afraid to buy an expensive key unless
certified and slabbed, but then there's still that empty hole. Saving
the label from a broken out coin does nothing. Once the coin is
separated from its slab, only you know that the label you saved refers
to that exact coin. But if you have no plans to sell your key coins,
go ahead and break them out of their slab. And you might as well save
the label. It could become valuable for an insurance claim if your
collection is ever stolen.

Remick, it's idiocy to suggest that key date coins be broken out of
slabs.
The resale value drops like a rock.

What resale? You assume everyone buys coins for resale? Idiocy? Drops
like a rock? You don't bother to read before reacting. Look again. I
said "If you have no plans to sell your key coins.....". And I mentioned
the potential downside in breaking a key coin from it's slab. If the
poster prefers to include them with the rest of the coins in his album,
they're his

Calm down. It IS idiocy to crack key date coins out. Eventually all coins
will have to be sold.

It's no more idiocy that a collector choosing to make a daily driver out
of his MS65 1957 Chevy rather than keep it pristine under cover in a
garage. As for coins, they have been known to stay in one family for
generations. If they ever do have to be sold, any expensive keys could be
resubmitted to a TPG and certified once more-- if TPG's are still around.
Meanwhile, the owners could have enjoyed handling them and storing or
displaying them however they preferred.

I'm not disputing anyone's right to do what they wish to their coins, try
reading before reacting.

I did. That's what prompted my comments. You made the blanket
implication that anyone who would crack out a key coin is an idiot.
Period. No exceptions. Value was your only consideration. I know what
you're saying and I don't really disagree, but isn't "idiocy" a bit
strong?




I suggest that removing the coin from a slab will make no difference as
today's 55 will probably be a 65 if reslabbd a few years down the line,
especially for key date coins where grade inflation is more common. Billy

"note.boy" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian cent).
Up till now I have put all of my coins into albums. When I have freed
slabbed coins, I save the label. I am not sure if I should spring
them or not, can I get your opinions?


That's one of the main dilemas today that face collectors who choose
to house their sets in albums. Afraid to buy an expensive key unless
certified and slabbed, but then there's still that empty hole. Saving
the label from a broken out coin does nothing. Once the coin is
separated from its slab, only you know that the label you saved
refers to that exact coin. But if you have no plans to sell your key
coins, go ahead and break them out of their slab. And you might as
well save the label. It could become valuable for an insurance claim
if your collection is ever stolen.

Remick, it's idiocy to suggest that key date coins be broken out of
slabs.
The resale value drops like a rock.

What resale? You assume everyone buys coins for resale? Idiocy? Drops
like a rock? You don't bother to read before reacting. Look again.
I said "If you have no plans to sell your key coins.....". And I
mentioned the potential downside in breaking a key coin from it's slab.
If the poster prefers to include them with the rest of the coins in his
album, they're his

Calm down. It IS idiocy to crack key date coins out. Eventually all
coins will have to be sold.

It's no more idiocy that a collector choosing to make a daily driver out
of his MS65 1957 Chevy rather than keep it pristine under cover in a
garage. As for coins, they have been known to stay in one family for
generations. If they ever do have to be sold, any expensive keys could be
resubmitted to a TPG and certified once more-- if TPG's are still around.
Meanwhile, the owners could have enjoyed handling them and storing or
displaying them however they preferred.

I'm not disputing anyone's right to do what they wish to their coins,
try reading before reacting.

I did. That's what prompted my comments. You made the blanket
implication that anyone who would crack out a key coin is an idiot.
Period. No exceptions. Value was your only consideration. I know what
you're saying and I don't really disagree, but isn't "idiocy" a bit
strong?




I suggest that removing the coin from a slab will make no difference as
today's 55 will probably be a 65 if reslabbd a few years down the line,
especially for key date coins where grade inflation is more common. Billy

So essentially you're suggesting to break out the key date 55's and enjoy
them firsthand for a while and them have them reslabbed later when they'll
likely have migrated to a higher grade. I hadn't thought of that. :)

Again, I might just be blowing smoke here, but I believe that you can
sell your slab inserts back to NGC and PCGS for about 50¢ each. No,
you won't make a fortune, but it does affect the population reports.

"Bruce Remick" wrote in message
...

"note.boy" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"RWF" wrote in message
...

"Bruce Remick" wrote in message
...

"Russell" wrote in message
...
I just bought two slabbed key coins (32D quarter & 08S Indian cent).
Up till now I have put all of my coins into albums. When I have
freed slabbed coins, I save the label. I am not sure if I should
spring them or not, can I get your opinions?


That's one of the main dilemas today that face collectors who choose
to house their sets in albums. Afraid to buy an expensive key
unless certified and slabbed, but then there's still that empty
hole. Saving the label from a broken out coin does nothing. Once
the coin is separated from its slab, only you know that the label
you saved refers to that exact coin. But if you have no plans to
sell your key coins, go ahead and break them out of their slab. And
you might as well save the label. It could become valuable for an
insurance claim if your collection is ever stolen.

Remick, it's idiocy to suggest that key date coins be broken out of
slabs.
The resale value drops like a rock.

What resale? You assume everyone buys coins for resale? Idiocy?
Drops like a rock? You don't bother to read before reacting. Look
again. I said "If you have no plans to sell your key coins.....". And
I mentioned the potential downside in breaking a key coin from it's
slab. If the poster prefers to include them with the rest of the coins
in his album, they're his

Calm down. It IS idiocy to crack key date coins out. Eventually all
coins will have to be sold.

It's no more idiocy that a collector choosing to make a daily driver out
of his MS65 1957 Chevy rather than keep it pristine under cover in a
garage. As for coins, they have been known to stay in one family for
generations. If they ever do have to be sold, any expensive keys could
be resubmitted to a TPG and certified once more-- if TPG's are still
around. Meanwhile, the owners could have enjoyed handling them and
storing or displaying them however they preferred.

I'm not disputing anyone's right to do what they wish to their coins,
try reading before reacting.

I did. That's what prompted my comments. You made the blanket
implication that anyone who would crack out a key coin is an idiot.
Period. No exceptions. Value was your only consideration. I know
what you're saying and I don't really disagree, but isn't "idiocy" a bit
strong?




I suggest that removing the coin from a slab will make no difference as
today's 55 will probably be a 65 if reslabbd a few years down the line,
especially for key date coins where grade inflation is more common.
Billy

So essentially you're suggesting to break out the key date 55's and enjoy
them firsthand for a while and them have them reslabbed later when they'll
likely have migrated to a higher grade. I hadn't thought of that. :)






As Baldrick from Blackadder would say, I have a cunning plan.

Has any coin from an older slab ever graded lower once cracked out and
resubmitted? Billy