Would you crack these old ACG holders?

Discussion in 'US Coins Forum' started by ldhair, Dec 7, 2019.

  1. chascat

    chascat Well-Known Member

    Oh Goff!
     
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  3. Santinidollar

    Santinidollar Supporter! Supporter

    Do some reading on the series.
     
  4. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Yeah, they made proofs.

    It happened.

    Check your Red Book.
     
  5. micbraun

    micbraun coindiccted

    I collect Bust halves but I’ve never seen a proof Bustie... yet they were made in all years of the 1820s and 30s. IHC proofs are readily available and if you didn’t know this, then you should be on CT more frequently and read about them ;-)
     
  6. buckeye73

    buckeye73 Well-Known Member

    Slabs are not always kind to coppers. Regrettably, uncirculated/proof coppers often lose a point or two while housed in the slabs over the years. Red deteriorates to RB, etc.
     
    Last edited: Dec 7, 2019
  7. NPCoin

    NPCoin Resident Imbecile

    I'm confused...are you trying to sell the coins or the holders? :rolleyes:
     
  8. Santinidollar

    Santinidollar Supporter! Supporter

    If you don’t go into the hole, I’d crack them out and submit to PCGS or NGC.
     
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  9. harley bissell

    harley bissell Well-Known Member

    EVERY collector should run a test and learn some things for themselves. Take a nice good for grade key date coin or a grade premium coin and shop them around for a "quick sale at a fair price". Since slabs were recommended make sure that the coin is in an NGC or PCGS slab. To ensure that you don't just talk to one greedy dealer show it to every dealer at a coin show and ask what they would pay you for it. You can keep the results of your survey to yourself or report them here. No matter what you say that you personally experienced one or many experts will disagree with you.
     
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  10. micbraun

    micbraun coindiccted

    Not sure what’s your point. Are there any experts who would not recommend to use the top grading services?
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Short and sweet, yes, there are. Of course that depends on how you want to define "top grading services", and "experts". In other words, who are the top grading services, and who are the experts ? Some experts will say it's NGC and PCGS only, while other experts will say it's NGC, PCGS, ICG, and ANACS. Still other experts will include additional grading services.

    In any event, I believe Harley's primary point is that not only is it common for experts to disagree with one another - it is the norm, expected, for them to disagree with one another. The unusual thing, the rarity - is when they agree with each other !
     
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  12. robec

    robec Junior Member

    I hope you're kidding. You really don't think there are Indian cent proofs?
     
  13. harley bissell

    harley bissell Well-Known Member

    I quoted what I was referring to. "Quick sale at a fair price" is not a universal experience whether you follow the slabbing advice or not. Rather than tell folks what I experienced and hear a chorus of arguments I recommended that folks run their own experiment and learn their own truths. The last thing you want to learn when you get in a tight and need to raise money quickly is that the advice you have been given does not match your environment and working conditions.
     
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  14. micbraun

    micbraun coindiccted

    Collectors love IHCs, they are kind of popular, right? Proof coins are available, but by far not as commonly seen as regular MS coins. If they were slabbed by NGC/PCGS, they could be sold online more easily, because many collectors do not only look at the coin itself, but also at the label. A potential buyer would also consider the price guide, whereas they may ignore the PG completely if the coins remained in the ACG slabs or if they wouldn’t straight grade.
     
    Last edited: Dec 8, 2019
  15. Derek2200

    Derek2200 Well-Known Member

    Crack them out send to PCGS. If shop them around the bourse at a show my guess you will find your blowing in the wind with those holders.

    No upgrade potential in them / probably will downgrade. Get them in the right holder (PCGS)!
     
    Last edited: Dec 9, 2019
  16. NPCoin

    NPCoin Resident Imbecile

    Instead of giving a snide remark this time, I think I will actually answer the questions you posed (remembering that the premise is to sell them at auction):
    Would you crack them out?
    Absolutely not!
    Send them to PCGS or NGC?
    Absolutely not!
    Any value in the old holders?
    Absolutely!

    Reading the responses in this thread has only reassured me of how far this hobby has fallen. I had been on hiatus from this hobby for several years due to life necessities. I had been able to become an active member in numismatics again only this past year and a half.

    What I had been met with on the US side has been legions of mindless devotees of the TPG "cults" filled with divine indwelling of greed fueled by a faith centered on the hope of profits. Free thought and opinion are equated with the ramblings of the madman and the fool.

    The quest for knowledge is eschewed while the demand for conformity is enforced upon all.



    We do not own any of the coins in our possession. We are simply curators of historic artifacts preserved for posterity. Numismatics is a study of history. It is a course in anthropology. It has its discipline in archaeology.

    Do any of you even know what ACG was? Do you know anything of Alan Hager? Have you ever heard of Accugrade or the Accugrade system? Have you even looked at the coins that are the subject of this thread?

    I find it ironic that the man who founded ACG worked so hard to try to educate the numismatic hobbyists to avoid exactly what is occurring in our hobby today with the TPGs.
     
  17. ldhair

    ldhair Clean Supporter

    Many of us know who Mr. Hager was. He invited many to court but I would not wish to take this thread in that direction. That was not a fun time for many.

    Looks like most feel it's best to crack these and send them in. Thought the old slab might have some value. I wonder the same about the early PCI 10 digit slabs.
     
  18. mynamespat

    mynamespat Well-Known Member


    ...and We also know that the labels in these ACG slabs will continue to tone the coins going forward even under optimal storage conditions.
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    Only to slab collectors, and there are very few of them.

    But here's the thing, slab collectors for the most part are only interested in the slab, not the coin inside it. So when the coin inside has substantial value, well the slab collectors tend to fall by the wayside because they're not willing to spend that much money just to get their hands on the slab !

    If the coin were only worth a few bucks, would they buy it ? Yeah - in a heartbeat ! But when they gotta pay through the nose - they aint even gonna think about it ! Especially not when there's still thousands of common everyday coins in these slabs that can be picked for a song.

    This is one of those cases where the coin makes the slab basically worthless to the vast majority of potential buyers - slab collectors.
     
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  20. Treashunt

    Treashunt The Other Frank


    good reply.

    Thanks, Doug
     
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  21. Conder101

    Conder101 Numismatist

    Doug's last reply was pretty much right on. Yes older slabs can have value to a slab collector, but since our main interest is in the slab itself, a high value item in the holder is a turnoff unless it is a particularly rare slab, or only comes with higher value coins in them (some varieties ONLY come with gold coins in them). If it is a common slab I would just wait for one to come along with a common coin in it. In some cases though that can be a very long or even forever wait. As to the ACG items shown th question can not be answered because the holders are not shown, just the front label, and that is probably only good enough to narrow it down to half a dozen or so different slab varieties.
     
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