Having a coin graded, but without a slab
Helmar
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in Q & A Forum
Is is possible to get a coin graded, but not slabbed?
I prefer keeping my coins in my Dansco albums, which I can't do if it's in a slab. If I purchased a graded and slabbed coin, I break it out of the slab insert the coin into my album.
I understand the issues relating to when I try to dispose of the coin, getting it graded again, and the possibility of a reduction of grade. I DO keep the label (which contains the cert number) from the slab, which MAY be of some assistance (or not).
Thanks, HBH
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as a matter of daily business,
no.
@Helmar - In decades past I did exactly as you. I was working on a Type Set, and Capital Plastics made a very handsome large black plastic display. I wanted my coins graded to avoid counterfeits and assurance I was getting the grade I paid for. Once received, I too cracked them out, and saved the cert labels.
The day came that I realized to not only protect the coins from my bumbling hands and environmental issues, but to make it easier for me (or my heirs) to sell them and receive fair value, I'd better get them back in slabs. The saved certs did absolutely no good, as PCGS explained to me that in handling, the coins could change, and separately, they had no assurance that the coins I resubmitted were the same coins that were graded a decade or so earlier. It turns out some coins graded the same, a few lower, and a few higher. The best upgrade was a Seated dollar originally graded AU55 that jumped to MS61.
My advice is if you're buying graded coins, or choose to get your raw coins graded, leave them in the slabs. While handling coins in the slabs admittedly does not provide the same pleasure as holding the actual coin in your hand, as you've indicated, you are well aware of the drawbacks. As a compromise, I use the very simple and easy software of PCGS to put together "Digital" albums. Here a hotlink to my Digital Dansco 7070 Type Set ALBUM:
https://www.pcgs.com/setregistry/u-s-coins/type-sets/complete-dansco-7070-modified-type-set-1796-date/album/213996
My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
Apparently if you have one of the world's rarest coins, you can do it.
"Due to the unique circumstances and rarity of the 1933 Saint-Gaudens Double Eagle, PCGS is taking the unusual step of, at the auctioneer’s request, grading and certifying, but not holdering this rarity in PCGS’ tamper-evident holder."
https://pcgs.com/news/pcgs-certifies-ultra-rare-1933-saint-gaudens-double-eagle-gold-coin
.> @ernie11 said:
Have cut back on my purchases and saving my money so I can bid on this coin. AND PCGS will holder it for free after the auction, so saves me a few bucks there!......