Poll: Is your coin in its "final holder"?
RYK
Posts: 35,797 ✭✭✭✭✭
I have more than once overheard dealers and advanced collectors discussing a coin and saying it is in its "final holder." I assume that means that there is not likely to be an opportunity for the coin to upgrade or successfully crossover, or perhaps the coin is already maxed out or even overgraded. What percent of coins valued over $1000 are in their final NGC or PCGS holder? Given the finality of the word "final", for the purpose of this exercise, assume that final means over the next ten years and that NGC and PCGS remain the dominant TPGs over that time period.
0
Comments
I can say they are in their final holder until I sell. Unlike some forum members, I don't make a hobby of cracking and resubmitting coins. Since starting my type set album, I've cracked out many coins to keep raw, and haven't submitted any in over a year.
Total Copper Nutcase - African, British Ships, Channel Islands!!!
'Do not meddle in the affairs of dragons, for you are crunchy and taste good with ketchup'
K S
PS: I also happen to think that most of them are graded pretty right-on, anyway.
al h.
Conder, is this multiple-coin holder in your book yet?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>I don't plan on cracking any of my coins from their holders. Also, I like owning coins that appear to be undergraded since it makes them PQ for the grade. >>
That's a good point. When you show off your coins to other collectors, it makes it look like you have a good eye for quality for the grade.
The only coins that I'll crack out some day are a couple dozen ANACS/ICG/NGC Barber Halves and submit them raw to PCGS.
Who knows, someday I'll do the same crack outs for the Barber Quarter set as well...the vast majority are in ANACS holders, and I have very few NGC Barber quarters in the set. The 13-S I have is in an ICG AU58 holder, and I know that'll be downgraded to at least a AU55; it doesn't bother me though, as the coin's so darn rare in any AU grade.
One expensive lesson I've learned is ... don't submit coins in their "other than PCGS holders" ...not if you don't want a rude awakening !
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases