Just an FYI for anyone who cracks out coins.

Why would people break open the slab? I have no slab coins so i haven't a clue =(

 

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Some folks like 'em 'raw'......

 

I heard a rumor that the NGC slab core is made out of the same material as the filling in oreo's....wasn't true

 

Total pop is 5, okay? The first time the coin submitted, this added one to the pop. The second time it was submitted, it was cracked out, the original label tossed away, and this raised the pop again, so this single coin, because of two submissions was counted twice in the pops. Then, it was cracked and submitted raw for a third time (again with the label thrown away) so now it has been counted three times. So, being as one coin was counted as three different coins because of resubmissions, it now represents three of the total pop of five, or 60%. Had the labels been returned, the total pop would be three, so this example would show as one of a possible three instead of one of a possible five. This is what was meant by it being important to return labels on low pop coins.

Take a look at some of Doug Winter's articles on how the pops of some southern gold are greatly inflated because of resubmissions. It is truly a shame.

 

I sold all mine to a guy in China who said he can use them.

But, seriously, that's the kind of thing I'd imagine they're trying to prevent.

 

I think it is safe to say that most people who crack out coins do not send back in the label.

Note to self: Never believe TPG population reports for this very reason.

 

Sigh...sometimes hard to get a serious answer. Actually some people do prefer them not in slabs, some people are assembling sets in different types of album settings that they want the coins for and don't want them in slabs, and some people might be wanting to resubmit them to the same grader or a different one in hopes of getting a higher grade.

 

Oh, this just gives me that much more of a reason to crack coins out of slabs. Time to go shopping...

FeeBay, Coins and Paper Money, "PCGS", max dollar amount $1, "Free Shipping", ending soonest. Muhahahaha!



Wait, what?

"Digital photo of a PCGS slab in slab version 2.0 old slab, email delivery" - $0.01

Search terms are now: PCGS -photo

Much better. Muhahahahaha!