Is this butchery

I'm sorry if this is anyone here but just had to speak on this....I don't know but I feel this
Is butchery of a set although the list of certified coins is impressive

http://m.ebay.com/itm/355-Coin-1909...LINCOLN-Cent-Set-Lot-/201808282046?nav=SEARCH

I find it hilarious at his price though 20k wow he's destroyed 50-75% of its true market value... Cause he's invalidated 80% of the slabbed coins he's got in the set...OK OK I understand for a time they would still.hold some value but once removed from the holder the opinion of the grader is invalidated...And looses its value

KEY DATES that are GRADED:::



PCGS (Secure) 1909-S V.D.B. MS 65 RED # 2428.65/18296307


PCGS 1914-D XF40 # 2471.40/24833905


PCGS " CAC " 1922 No D STRONG Reverse XF40 # 3285.40/5026082


PCGS 1955 1955/55 DDO Doubled Die Obverse MS 64 BN # 2825.64/21781038


PCGS 1964 PROOF 67 RED DCAM # 93404.67/20580293


PCGS 1970-S Small Date MS 65 RED # 2935.65/81823550




The above coins Trend $10,000+++ in PCGS CoinFacts !!!




This coin Set belonged to my CRAZY UNCLE who Broke Out PCGS/NGC coins from their Slabs (he did it to Morgan's also - to be listed later) !!!


These are the Coins BROKEN OUT of their Slabs but, thank God, he saved the labels::: (WOW)::: The Set includes the PCGS and NGC labels for the following:::


PCGS 1909 MS63BN

PCGS 1912 MS64BN

PCGS 1917 MS63BN

PCGS 1919-D XF40

PCGS 1920 MS60BN

NGC 1924 MS64 RB

PCGS 1927 AU58

PCGS 1928 MS64 RB

PCGS 1928-D AU58

PCGS 1929 MS62 RB

PCGS 1929-S MS63BN

PCGS 1930-S MS64BN

PCGS 1933 MS63 RB

PCGS 1934 MS62 RB

PCGS 1934-D MS65 RB

PCGS 1935-D MS66 RED

PCGS 1937 MS66 RED

PCGS 1938 MS66 RED

PCGS 1938-D MS64 RED

PCGS 1938-S MS64 RED

PCGS 1940-S MS66 RED

PCGS 1942-S MS66 RED

PCGS 1943 MS66 STEEL

PCGS 1943-D MS66 STEEL

PCGS 1944-S MS66 RED

NGC 1945-D MS65 RED

NGC 1945-S MS65 RED

PCGS 1947-S MS66 RED

NGC 1952-D MS65 RED

NGC 1953-D MS65 RED

NGC 1954-D MS65 RED

PCGS 1954-S MS67 RED

NGC 1955 MS65 RED

PCGS 1955-D MS66 RED

PCGS 1955-S MS66 RED

PCGS 1956-D MS66 RED

PCGS 1957-D MS65 RED

NGC 1958 MS65 RED

PCGS 1958-D MS66 RED

PCGS 1959-D MS66 RED

PCGS 1968-S PROOF 67 RED

PCGS 1970-S LARGE Date PROOF 67 RED

PCGS 1982-S PROOF 69 RED DCAM

PCGS 1987 MS66 RED

PCGS 1990-S PROOF 69 RED DCAM

NGC 1992-D MS67 RED

NGC 1993-D MS67 RED

NGC 1996-D MS67 RED

PCGS 1996-S PROOF 69 RED DCAM

NGC 1999-D MS67 RED

NGC 2000-D MS67 RED

PCGS 2000-S PROOF 69 RED DCAM

NGC 2001-D MS67 RED

PCGS 2001-S PROOF 69 RED DCAM

NGC 2006 SMS MS68 RED

PCGS 2007-S PROOF 69 RED DCAM






KEY DATES that are Ungraded:::


1909-S estimated XF

1910-S estimated BU UNC BN

1911-S estimated XF

1912-S estimated BU UNC BN

1913-S estimated BU UNC BN



Do you feel this is butchery??

 

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They're still the same coins right barring no damage during removal. I think it's sadder that the slabs provide the coins value instead of the coins themselves.

That being said after looking at the rest of the sellers listings I'd be more wary that this is a gimmick this seller uses to increase his sales values. He could also swap out coins yet leave the labels there of better coins and then say 'we'll gradings subjective' because it seems odd someone would have more than one set like this.

 

well said.

 

I don't think anyone is forking over $20k for those coins before going over them for a few hours with a loupe. You would have to have complete disregard for money to bid on those based on the pictures provided and the fact that they may have once been slabbed at that grade. Are there better pictures (or an option for a viewing) somewhere that I'm missing?

 

I impartially agree to this but also feel , if you have coins in a slabbed with a great grade like a Ms 60-66 on up why on earth would you take them out just to put them in a bloody book .. its a waste I mean come on you spend all that money for certified graded coins to devalue them dramatically

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I tend to agree

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Those coins have only lost value to those who have no ability to grade them on their own.

 

Pause ,Okay so if the coin tones in the album after it's been graded a Ms 66 red and take in / on an brown tone to over 85% of the coin. Is it still worth its ms66 red price tag .. cause that is bound to happen

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Those labels from cracked slabs are not worth the paper they are printed on.

 

No. They lost value just not being in good plastic.

 

One can collect however they see fit. Unless you would like others telling you your preferences are wrong, perhaps you should consider giving the same respect. That said, the issue here is value and expectations. Blissskr makes an excellent point about how the plastic seems to matter more than the coins, and is unfortunately true. Still, one cannot blame someone for trying, but anyone who chooses to take such a path needs to understand the pitfalls of doing so.

 

Good luck grading a coin from these photos, without reverse photos, while some of the most important coins just happen to covered by slabs.

 

Again, "expectations"....

 

why...lol

 

Should we expect to see you on "Judge Judy" suing your "CRAZY UNCLE" because he is destroying the value of your future inheritance? I say, "To each his own!"

Chris

 

You noticed that too? I was initially trying to get a good view of the high dollar coins based on the slab labels but conveniently they seem to all be obstructed.

 

Santini I agree

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I am sure you lost money, but not that much. A lot of those are <$10 coins. Without the slab, collectors pretty much do not want them. But you did not lose that much. A couple of the earlier ones have some value, but there is probably some demand for them.

 

In this case, I disagree with most of these. They are too common and there is just no demand for them unslabbed. For instance, a "PCGS 1990-S PROOF 69 RED DCAM" sells for $8 slabbed. I will bet you could not get $2 for it raw. No one wants them raw. And the same is true for at least 80% of those coins.