I have a crack problem, I admit it.

Wow, maybe I do Kirk, maybe I do!

 

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Always wanted one

 

Sad sight..lol I'd keep them in personal ly me

 

Every coin I own is currently raw. Many of them were bought that way; others were bought in slabs. Why? Because I prefer them that way...Me, you know, the guy who is actually buying and paying for them.

Would I take a hit if I sold them? Yes, probably on many of them I would. Do I care? Not a bit, as they are not for sale and won't be for as long as I own them. As for whether or not my heirs sell them that will be up to them. Will they take a loss? Not at all, they didn't pay a dime for them in the first place. Anything they amass is gravy.

 

Amen!

 

I think that belongs in the coin porn thread

 

You have all seen nothing yet. I owe the community satisfaction. I will turn y'all to the (modern) dark side within six months. Start counting...

 

Wait...I thought the modern dark side was exonumia?

 

I took the liberty of freeing this old girl tonight. It was in a details slab anyway. I don't understand the point of keeping a coin in a details slab at all unless it is a key date and it's for sale. This one isn't so it got freed. WooHoo!

 

I guess you could call me a virgin as I've never cracked out a coin, ever. Not yet anyways.

 

You've seen ten in this thread alone, but if you really want to see a cracked coin, here you go.

 

Coins have traded hands for centuries without the supposed benefit of being slabbed. That isn't going to change anytime soon. If people are uneducated in their hobby enough to pay a premium for a guess coated in cheap plastic, then sell at a loss, that is their problem, not a problem with a knowledgeable marketplace.

 

Was it color?

 

They called it AU details "cleaned". I don't see any hairlines from cleaning, but it looks like it took too long of a bath. I usually give my old coppers a quick Verdi-care treatment and this time it appeared to have a thin waxing and the Verdi-care just beaded off of it. I gave it a mild detergent rinse then a quick dip before that image was taken. I only paid 80.00 for it, so I'm pleased; not too many of the year can be found so well struck without a huge premium. It will look just fine in my album.

 

I only crack-out coins intended to be resubmitted. I did crack-out a pair of double eagles years ago so they could be displayed in a 2x2 vinyl page with all the other gold coins, but later decided that was a mistake, when the time came to sell (1915-S and 1911-D) I'm sure it cost me at least a $100 per coin in price realized. They had been in NGC MS63 slabs.

 

Yes it will!

 

Oooh. You've touched a nerve there...

I crack out modern world coins to fit in my airtite albums, and since the nicer coins that I want almost invariably appear for sale as "graded" coins, I really have no choice but to "crack out" if I want to put high-MS grade coins in my albums. "Resale value" is not the aesthetic that I chase after with coins, sorry to say. I know that's tantamount to mortal apostasy for many here...

Slabs are also not guaranteed to be "air tight" either, despite the marketing that accompanies them, btw. But you know that already. The method itself for storing your coins is not important, but your ability to control air-moisture, heat, detrimental chemicals (PVC) and ambient gases for optimum storage.

 

Hey, what you do with your coins and your money is your choice.

Slabs are not necessarily air-tight, no. But, they generally offer far more protection than most other storage methods. There is also the issue of the added chance of damage or adverse effects from the increased handling (transferring a coin from the slab to the album or other holder, jostling, etc).

 

Now that's one bit of 'crack' I would not stay away from!!!!

 

Check out this beautiful girl that's about to get freed. Just scored her on the bay; my vice is ready! Very sweet for the grade with a nice strike, some natural red remaining from the looks of it and a tough key date of the series. Happy to have her.