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Type set Question

When cracking coins out to add to your typeset (I'm building a Baley style one in a dansco) Do you guys keep the inserts from the slab? Not that it would do MUCH good because if you ever sold it would be difficult to make someone believe the coin you cracked out was indeed in that slab, but do ya do it anyway?

Comments

  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    Since I would never crack out a coin to place it in a type set -- I keep mine in slabs, I'm not the best person to ask -- but yes I'd probably keep the insert labels.

    A few months ago I purchased a really nice 1921 Morgan in PCGS MS-63 that previously was an NGC MS-64 PL, and the seller was kind enough to list the coin's history in the auction description. He also provided me with the former NGC insert label with the PCGS slabbed coin -- which I greatly appreciated, and I added it to the back of the PCGS slabbed coin...

    Stuart

    Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal

    "Luck is what happens when Preparation meets Opportunity"
  • I'm not building a type set, but I do build date/mint sets, and I keep them in custom Capital holders (I like to see all the coins together) So I do crack slabs, and I do it happily. I plan to hold my collections for life, so freeing the coins is something I do without a second thought. I can always get the best ones reholdered if I find the need to at some future point.

    I save the inserts, mostly as part of a record of what bought. I doubt they have much use or value beyond that once I crack the slabs. After all there is no way to prove the coin in the Capital holder was the one that matched the now loose tag.

    Myriads
  • Never cracked a slab for my type set...
    ~Richard Dorrance
  • TootawlTootawl Posts: 5,877 ✭✭✭
    Doesn't Eagle make a slabbed Type Set album?
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • Only cracked out one coin for my type set,a 1954-D ANACS MS63 50c.I kept the insert,I don't know why though,I'm probably not going to sell any of my coins until I get older.
  • PutTogetherPutTogether Posts: 2,141 ✭✭✭
    I have no problem at all cracking a coin for my typeset, like the gentelman above mentioned, I can always re holder them If I choose. Taking a coin out of its slab doesnt change its grade one iota (some may say it might reholder differently at a different time, but thats true of coins that stay in the slab as well). I've noticed myself however, keeping the inserts, as a method of record keeping. (I keep a 12 column book for my type set that has denomination, description, grade (either self assigned or from a service) and cert number (if for a service) as where as where I got it, how much I paid, and when. It appeals to my meticulous nature I suppose. How does everyone else keep track of their set? (I'm especially curious to hear from baley.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Hi PutTogether! I save my slab tags, more because they're small and it's easy than anything else. My record keeping isn't the best though, the tags are in an envelope (uncataloged) and my receipts are in a file folder.

    Liberty: Parent of Science & Industry

  • I use a surprisingly low tech way to keep track of my coin series.

    Let's say I decide to start a series, oh how about Quarter Eagle Indians, like I did a month back.

    I have a notebook left over from my college days. I go to a clean page and in the first line going down I write each of the Dates/Mint combinations in PENCIL. For the QEI's that was 15 entries.

    Next I crack out the redbook and to the right of each date I put the total mintage for that year. This is just to help me have an idea of the realative rarity of each coin in the series in relation to the others.

    Book now sits on the shelf and waits for a coin to arrive.

    Low and behold I win a Heritage auction for a 1911 QEI.

    I get the book out, and in BLACK PEN write over the date and mintage for the 1911. Then I make the following entries on the line.

    1) The date I purchased the coin
    2) What I paid (Including shipping if there was any)
    3) Where the coin was bought from
    4) The grade and company if slabbed, or grade I assign if the coin was raw

    Simple and handy. I carry the notebook at shows, and it lived next to the computer when I look at auctions or online stores. I can quickly see what I have, and what I need. It's also satisfying to fill in the lines. Almost as much as putting the coin in it's Capital holder home. :-)

    Once every year or so I make scans of any of the pages which changed just in case of badness happening to the original.

    Myriads
  • VarlisVarlis Posts: 505 ✭✭✭
    Hey Myriads--

    Do you have a picture of what the custom Capital set(s) look like? I'd like to get an idea of what you're talking about...

    Thanks

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