Yes it's a very bad idea IF the coin is valuble or worth alot of money with the grade and rareity it offers. I personaly wouldn't crack any coins out of pcgs holders because those slabs hold better protection then anything else out there and you offer very high risk of the coin becoming tarnished or possibly scracthed and therfore seriously decreasing the value of the coin. because as we all know conditioning and luster is a huge factor in the value if the coin. The pcgs slabs are the best protection for coins. Just my opinion..
You must do two things first: 1. Is this a hobby for you? If not, don't bother reading further. 2. If yes, you need to define what the "hobby" is to you - it means many different things to many different people. You and only you can answer that.
My personal take: While I certainly own numerous coins that I intend to keep in slabs for value due to various logical reasons, the VAST majority of my coin collection is raw - and what might seem a surprisingly high percentage of those coins were bought in slabs specifically for the intent of taking them out. Why? Most importantly because I like the coin.
My entire current and complete MS63 - MS65 Peace dollar collection ALL came out of PCGS and NGC slabs in favor of a DANSCO. My MS 63/64 32D, 32S, 36D and numerous other quarters all came out of PCGS slabs for my Washington 32 - 98 album. Same with some of my my Franklins and numerous others. I love seeing bright white as well as toned uncirculated silver in album pages.
Being able to view a coin without a label is enjoyable for my mind - there's no choice but to focus solely on the coin. You quickly learn what you truly like and what does not match your taste. It makes the feeling of self-approving a coin for your collection when you find a good one feel so very saitsfying. An awful lot of "collectors" out there that have a hard time allowing that concept to happen and are instead swayed by outside factors, such as the label.
I fully support cracking out coins if so desired. For me, it restores some kind of purity within my definition of the hobby.
I think it depends on what you want to do. I completed my Lincoln Cent collection a couple of years ago. I bought the 1914-D already slabbed and I bought the 1909-S VDB raw and had it slabbed. I kept the holes in the album but took solice in the fact that these two pieces had been authenticated and graded. When I ended up selling them, I think it aided in resale value.
Leo
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
<< <i>Well if you need to sell you could always resubmit and get a better grade. Or you could sell raw on ebay and have everyone here discuss why anyone would ever sell such a coin raw. >>
There are people here that think the coins come off the presses already slabbed.
I have a rather large album that will hold 45 certified slabs and 60 IS 2x2 holders. The thing is, it won't fit into my SDB so it sits empty for now. A cardboard album is just about the lowest form of coin storage, right after PVC flips IMO. I've filled a couple of albums and started another but with coins of lesser quality and for sales. My advice, like somebody already mentioned, take a thumbnail pic, cut and glue it to another coin and stick that in. It's would probably look comical watching someone trying to get a closer look at the coin until they realized it was a miniture pic of the actual coin. How the weight and compaction of a few coins in a small container becomes so intriguing and attracts to so many. A notion that does subside after awhile. But it's a great sales pitch whenever someone hungers for such an item. How the calculations will mull inside ones head over what it might hold or for the bargains that seldom come. The ever challenging question that evades most of us; do I want this coin in an album or not?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
Comments
I personaly wouldn't crack any coins out of pcgs holders because those slabs hold better protection then anything else out there and you offer very high risk of the coin becoming tarnished or possibly scracthed and therfore seriously decreasing the value of the coin. because as we all know conditioning and luster is a huge factor in the value if the coin. The pcgs slabs are the best protection for coins. Just my opinion..
1. Is this a hobby for you? If not, don't bother reading further.
2. If yes, you need to define what the "hobby" is to you - it means many different things to many different people. You and only you can answer that.
My personal take:
While I certainly own numerous coins that I intend to keep in slabs for value due to various logical reasons, the VAST majority of my coin collection is raw - and what might seem a surprisingly high percentage of those coins were bought in slabs specifically for the intent of taking them out. Why? Most importantly because I like the coin.
My entire current and complete MS63 - MS65 Peace dollar collection ALL came out of PCGS and NGC slabs in favor of a DANSCO. My MS 63/64 32D, 32S, 36D and numerous other quarters all came out of PCGS slabs for my Washington 32 - 98 album. Same with some of my my Franklins and numerous others. I love seeing bright white as well as toned uncirculated silver in album pages.
Being able to view a coin without a label is enjoyable for my mind - there's no choice but to focus solely on the coin. You quickly learn what you truly like and what does not match your taste. It makes the feeling of self-approving a coin for your collection when you find a good one feel so very saitsfying. An awful lot of "collectors" out there that have a hard time allowing that concept to happen and are instead swayed by outside factors, such as the label.
I fully support cracking out coins if so desired. For me, it restores some kind of purity within my definition of the hobby.
they were purchased with the intention of filing a hole, always a good deal too
holes are for swiss cheese
resale values only considered as a complete set.
Leo
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
<< <i>Well if you need to sell you could always resubmit and get a better grade. Or you could sell raw on ebay and have everyone here discuss why anyone would ever sell such a coin raw.
There are people here that think the coins come off the presses already slabbed.
A cardboard album is just about the lowest form of coin storage, right after PVC flips IMO.
I've filled a couple of albums and started another but with coins of lesser quality and for sales.
My advice, like somebody already mentioned, take a thumbnail pic, cut and glue it to another coin and stick that in. It's would probably look comical watching someone trying to get a closer look at the coin until they realized it was a miniture pic of the actual coin.
How the weight and compaction of a few coins in a small container becomes so intriguing and attracts to so many. A notion that does subside after awhile. But it's a great sales pitch whenever someone hungers for such an item. How the calculations will mull inside ones head over what it might hold or for the bargains that seldom come. The ever challenging question that evades most of us; do I want this coin in an album or not?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection