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<p>[QUOTE="johnmilton, post: 26679349, member: 101855"]Coins have to be worth a lot of money these days to be worth the grading fee from an economic point of view. Some people don't care about that and just want it in a slab. </p><p><br /></p><p>Cracking out coins is not a good economic strategy unless you are an expert grader who thinks the coin will upgrade enough to make money on a re-submission. </p><p><br /></p><p>Cracking out coins to put them in an album is a "consumption act." You are throwing away money in most cases, but if it makes you happy, do it. Just bear in mind that you have lost the certification. When you go to sell, you will probably get less money than if you left it in the slab. </p><p><br /></p><p>Here was my strategy when I was buying raw coins as a dealer. I graded the piece and assigned a value. From that I had to deduct the cost of getting the piece slabbed, which included the grading fee and the shipping. I also gave myself a little room in case the grading company didn't give me the grade I thought it should get. Bottom line - the seller got less money than he or she would have gotten if the piece had been graded.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26679349, member: 101855"]Coins have to be worth a lot of money these days to be worth the grading fee from an economic point of view. Some people don't care about that and just want it in a slab. Cracking out coins is not a good economic strategy unless you are an expert grader who thinks the coin will upgrade enough to make money on a re-submission. Cracking out coins to put them in an album is a "consumption act." You are throwing away money in most cases, but if it makes you happy, do it. Just bear in mind that you have lost the certification. When you go to sell, you will probably get less money than if you left it in the slab. Here was my strategy when I was buying raw coins as a dealer. I graded the piece and assigned a value. From that I had to deduct the cost of getting the piece slabbed, which included the grading fee and the shipping. I also gave myself a little room in case the grading company didn't give me the grade I thought it should get. Bottom line - the seller got less money than he or she would have gotten if the piece had been graded.[/QUOTE]
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