Australian-Coins Forum

Numismatic Discussion => Coin Chit Chat => Topic started by: ausjack on January 19, 2013, 10:30:40 PM

Title: do ya crack then do ya slab
Post by: ausjack on January 19, 2013, 10:30:40 PM
:scratch_one-s_head: so do I crack this sucker open and other mint sets and then do I slab them?? any thoughts, except trout :mocking: as we know his thoughts on crackin things open, ya knows I's luv's ya mate :give_rose: :blush2: :bye2:

(http://i48.tinypic.com/2583x28.jpg)

(http://i50.tinypic.com/ak71vn.jpg)
Title: RE: do ya crack then do ya slab
Post by: enworb on January 19, 2013, 10:38:09 PM
Slab as in get them third party graded or put into 2x2s? I prefer to keep world sets in their cases personally.
Title: RE: do ya crack then do ya slab
Post by: markn on January 20, 2013, 05:49:21 AM
I don't think there's any value in getting those coins slabbed.  If it was me I'd leave them where they were.
Title: RE: do ya crack then do ya slab
Post by: ausjack on January 20, 2013, 06:15:48 AM
Thanks team, so what's worth grading and what's not :good:

Getting slabbed/pro graded sorry  :blush2:
Title: RE: do ya crack then do ya slab
Post by: markn on January 20, 2013, 07:15:28 AM
Quote from: 'ausjack' pid='6799' dateline='1358624748'Thanks team, so what's worth grading and what's not :good:

Getting slabbed/pro graded sorry  :blush2:

That's a tough question.  There's three reasons why I get my coins graded (and I don't actually get that many graded).

Reason 1

Purely commercial.  I believe the coin is a top grade and it will be easier to sell and likely to realise a better price if graded.

Reason 2

Long term protection and grade assurance.  I believe valuable coins are best stored long term in slabs.  Sure they are not air-tight but they are protected from mechanical damage.  The grade assurance side of things means that if I cark it tomorrow and someone needs to sell my coins then they are not going to get screwed by a dealer trying to tell them that all my UNC coins are VF.  PCGS are not perfect but their grades are a great starting point for the value of a coin.

Reason 3

Because I just have to.  This is the worst reason of all, it just costs me money for no reason.  But some coins I just get slabbed because I want to see what grade PCGS will give them.  I know when I do this I am probably burning $$ but what the heck I need to have some fun sometime.

So, Ausjack, looking at your Samoan coin set above.  It's not a big dollar set of coins and they are readily available.  So I believe that knocks out Reason 1.  They are protected in their case and they are clearly high grade so I believe that knocks out Reason 2.  So that leaves Reason 3.  Sure get them graded if you like but it'll cost you nearly $200 to do so.  Which I believe is at least 1 multiple more than your coin set is worth.
Title: RE: do ya crack then do ya slab
Post by: robbiegal on January 20, 2013, 10:03:03 AM
I get the hubby to handsaw the arcylic holder apart - often the cases are scuffed and look crummy

then, with cotton gloves that leave fluff on the coin , I pop them into either safflips or into an eagle mount holder

i most of my proofs that way & like 'em as I find the cases often ugly &  cumbersome for storage

ps I am someone who enjoys holding the weight of the coin itself and when they are in holders I do like to feel the texture of the design - like feeling the tail of the roo on pennies. I have trouble with the pcgs slabs and am often tempted to crack the coin out as it is in what seems like another dimension to me
Title: RE: do ya crack then do ya slab
Post by: ausjack on January 20, 2013, 10:58:32 PM
Thanks heaps for that Mark :good: one day I'll be on the right track with all this and then watch me go :dance2:

:scratch_one-s_head: your hubby wouldn't happen to be related to trout would he RG :mocking: But I should get some gloves as well and also love the feel :blush2:
Title: RE: do ya crack then do ya slab
Post by: enworb on January 20, 2013, 11:26:54 PM
If the coin is worth less than the grading fee then youve gotta ask twice
Title: RE: do ya crack then do ya slab
Post by: robbiegal on January 21, 2013, 08:25:39 PM
Quote from: 'ausjack' pid='6851' dateline='1358684912'Thanks heaps for that Mark :good: one day I'll be on the right track with all this and then watch me go :dance2:

:scratch_one-s_head: your hubby wouldn't happen to be related to trout would he RG :mocking: But I should get some gloves as well and also love the feel :blush2:

get some gloves possum
you can get coin ones - they are the ones that leave fluff & they are raw cotton - so are an off white/straw colour
i also get the ones from woolies or the IGA - white only about $2 tops for a pack
i never sort dirty old coin lots without them now'
for nice pretty coins i use clean gloves and there is no worry of fingerprinting
i never ever touch a good coin with bare hands - not even the decimals
if you don't have gloves then have your hands squeaky clean and only handle the coin by the rims :)