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Type set collectors: do you crack out slabs or submit coins from your album?

ccexccex Posts: 1,188 ✭✭✭
18 years ago I decided to build a U.S. Type Set. It is currently housed in a Dansco album. I assembled most of this set in 1986-87, but it is still one of my favorite sets.

I have read about several type set collectors here who cracked out slabs to put coins in their type set albums. I have done this only once with my $20 Liberty (ANACS MS-63). I wonder if the market is sufficiently heated to entice type collectors to take coins out of their albums and submit them to TPG services.

Here are my favorite two coins from my Dansco type album, an 1837 reeded edge half dollar and a pastel toned 1880-s Morgan. (Images are from my scanner, which does not show most of the coins' luster. The coins appear better in person, but I have not yet mastered coin photography)

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I have another nice Morgan dollar and another Reeded Edge Bust half, but not quite so nice. The reason I bring this up is that I have been hearing lots of talk about how the market has heated up for PCGS slabbed coins . I intend to keep these in my type set for a couple more decades unless posters here can convince me otherwise. BTW, I purchased the Bust Half as a raw AU-58 and the Morgan as a raw MS-65 in 1987.

"Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor

Comments

  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    I while back I used to crack slabs to put the coins in danscos. I'm moving back to danscos now, and away from so much dependancy on slabs. I have a nice slider 15-S cent that I have set asside for such a purpose. I'm waiting to be sure I dont need to sell it before I go full commital.

    David
  • wam98wam98 Posts: 2,685
    I have cracked slabs for my Type Set in the past. Then I chose to search for raw coins since mine is a mid grade circulated set in a Dansco. image
    Wayne
    ******
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    I'm still building and selectively upgrading my type sets, and I keep them in albums (dansco and whitman), and at this point, new coins ("entry level" circulated early (pre-1800) type and higher grade later type (generally Au55 to Ms63 seated and barber coins) will usually be acquired slabbed, and then I crack the coins out and put them in the books.

    Someday, when it's time to sell one or more of the coins, the ones that are "worth it" will be put back into plastic before they are put up for sale. I'm "in" most of the coins at much lower levels than this, so my decision to sell them will not be predicated on "the market" as much as my desire (or need) to do something else with the money. Of course, it would be fortunate to sell into "strength" , but I'm not done enjoying my coins yet..

    Does anyone know if another "white hot nuclear" bull market in coins is scheduled for the 2015-2020 time frame? image

    Liberty: Parent of Science & Industry

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