Removing coins from certified holders
kuwegg57
Posts: 107 ✭✭✭
Hello there
I'm new to this forum and I have a question. I'm putting together a set of 2 cent pieces graded EX 40 -45 with some of them raw and some of them in PCGS holders. I'm thinking of placing the completed set in a Capital holder. Will braking the coins out of the holder lower the value of the coin? If I keep the label that was in the holder as documentation would that be alright?
I'm new to this forum and I have a question. I'm putting together a set of 2 cent pieces graded EX 40 -45 with some of them raw and some of them in PCGS holders. I'm thinking of placing the completed set in a Capital holder. Will braking the coins out of the holder lower the value of the coin? If I keep the label that was in the holder as documentation would that be alright?
0
Comments
Breaking the coins out of the holder SHOULD not reduce their value, just their liquidity, i.e. ease of sale.
Keeping the insert is actually bad. It screws up the population reports. It would be better to return the inserts to PCGS. The inserts really do not benefit you.
Tom
For it’s worth I have never had a good experience with most multi-coin Capital Plastic holders. It always seemed that at least one and often many of the coins rattled in the spaces no matter what you do. The best experience I’ve had has been with the eight piece gold type set holder and this $2.50 Indian holder. The smaller coins stay put fairly well, but they can pop out any time.
As for any very small coin like silver three cent pieces and gold dollars, I’ve found Capital Plastics holders to be useless.
<< <i>Will braking the coins out of the holder lower the value of the coin? >>
I hate to say it, but I believe it WILL lower the value, or at least the price that many collectors would otherwise pay.
The fact that these coins are circulated helps reduce the likelyhood of an arguement over each coins actual grade (unlike highend mint state pieces), but many collectors will shy away none the less.
a 2-cent collection in xf in slabs would look just plain silly.
K S
<< <i>2-cent collection in xf in slabs would look just plain silly. >>
Well not ALL of them! An 1872 Two Cent Piece in strict, no problem EF is a very scarce coin. Most of them are either in G or AG or Proof. Mint State coins are pretty scarce too.
Some people don't realize how scarce many of the Two Cent dates are in EF (the REAL EF's with a strong "WE.") It's a much tougher set to assemble than you might think. I know. I did it many years ago.
<< <i>I hate to say it, but I believe it WILL lower the value, or at least the price that many collectors would otherwise pay. >>
Normally, I'd agree completely. But, at the grade level he's talking about, the difference is so little it's unimportant - unless it's one of the keys like the 1864 SM or the 1872.
Russ, NCNE
K S