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Crack out for Dansco 7070???
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<p>[QUOTE="johnmilton, post: 3574112, member: 101855"]After 50 years as a collector I finished my U.S. coin type set from the half cent to the $20 gold pieces. This involves a good deal more coins than are required for the Dansco Album, but the principles are the same. Here is my advice:</p><ul> <li>I understand the allure of filling an album and seeing all of the coins side by side, but cracking coins out of slabs can get expensive. Not only do you have the cost of postage and regrading fees, but you also run the risk of getting lower grades the second time around. If you have coins of substance, you won’t get the best price if they are raw. You have got the get them re-graded when the time comes to sell. I have not done a crack-out just the get the coin out of the holder since the late 1980s.</li> </ul><p> <ul> <li>I would not worry about getting all of the coins in the same grades. Unless you have an unlimited budget, that is almost impossible if you are collecting the modern pieces in Choice or Gem Mint State or Proof. My collection goes back to the 1792 half disme. That one would cost me over $1 million in Mint State. I think you get my drift. Buy the best your budget allows for each of the types.<br /> <br /> </li> <li>At the same time, I don’t like low grade “filler coins.” I would rather have a blank spot in the album than a really poor coin for which I paid a strong price. For example, the Draped Bust, Small Eagle Half Dollar (1796-7) is the toughest silver U.S. type coin. Many years ago, a dealer had one with AG sharpness that was holed and polished. He wanted $9,000 for it. If I had really stretched, I could have raised the money but to heck with that! I left the spot blank. When I had the funds, I finally did get one in Fine-15. It was the last silver type coin I needed, but I had to wait for almost 30 years to fill the hole.</li> </ul><p>I have a bit of bias because I weaned myself off of albums almost 50 years ago and went to envelopes and Capital holders and then slabs. My U.S. coin albums are “sort of in my head.” I still use Eagle Albums for my 19th century presidential campaign medalet collection.</p><p><br /></p><p>I hope my experience has helped you. If you ever want type coin advise, start a string. I’ve had a lot of experience.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3574112, member: 101855"]After 50 years as a collector I finished my U.S. coin type set from the half cent to the $20 gold pieces. This involves a good deal more coins than are required for the Dansco Album, but the principles are the same. Here is my advice: [LIST] [*]I understand the allure of filling an album and seeing all of the coins side by side, but cracking coins out of slabs can get expensive. Not only do you have the cost of postage and regrading fees, but you also run the risk of getting lower grades the second time around. If you have coins of substance, you won’t get the best price if they are raw. You have got the get them re-graded when the time comes to sell. I have not done a crack-out just the get the coin out of the holder since the late 1980s. [/LIST] [LIST] [*]I would not worry about getting all of the coins in the same grades. Unless you have an unlimited budget, that is almost impossible if you are collecting the modern pieces in Choice or Gem Mint State or Proof. My collection goes back to the 1792 half disme. That one would cost me over $1 million in Mint State. I think you get my drift. Buy the best your budget allows for each of the types. [*]At the same time, I don’t like low grade “filler coins.” I would rather have a blank spot in the album than a really poor coin for which I paid a strong price. For example, the Draped Bust, Small Eagle Half Dollar (1796-7) is the toughest silver U.S. type coin. Many years ago, a dealer had one with AG sharpness that was holed and polished. He wanted $9,000 for it. If I had really stretched, I could have raised the money but to heck with that! I left the spot blank. When I had the funds, I finally did get one in Fine-15. It was the last silver type coin I needed, but I had to wait for almost 30 years to fill the hole. [/LIST] I have a bit of bias because I weaned myself off of albums almost 50 years ago and went to envelopes and Capital holders and then slabs. My U.S. coin albums are “sort of in my head.” I still use Eagle Albums for my 19th century presidential campaign medalet collection. I hope my experience has helped you. If you ever want type coin advise, start a string. I’ve had a lot of experience.[/QUOTE]
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Crack out for Dansco 7070???
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