What was your first crackout?

kamehameha00 · October 25, 2003 1:26AM

An ANACS 1954-D Frankie in MS63 for my type set.

mintluster · October 25, 2003 1:48AM

Why anyone would crack out slabbed coins to place in inferior protection is beyond me. Especially with all of the slabbed supplies out now (Eagle slab albums, etc.). But to each his own I guess.
I cracked out a 1880-S Morgan SEGS MS65 and sent it to PCGS and got a MS65DMPL! That does not happen often (PCGS upgrading a SEGS coin that much). So I only crack out when there is some end result worth it.

roadrunner · October 25, 2003 2:05AM

My first crackout was in 1987 when NGC first opened. They had graded a wonderfully original 1904 Barber half had I bought from Jay Miller (1984) that came out of a Stacks as part of an orig proof set. I had bought the coin as a superb GEM and NGC graded the coin PF65 if you can believe it. I knew that was a bit ridiculous since a PF65 was worth around $3000 and I had paid over $5000 for the coin. One major dealer even offered me 10% back of CDN because they said NGC was untested and no one knew what their coins were worth. What bunk. Coins speak for themselves.

I sent the coin back just to see what would happen. It came back a PF66. In today's market the coin would be an easy 67 with * eye appeal. Would not be surprised if it were even graded PF68.

Another interesting incident that same year was when I received MS64's from PCGS and NGC on a pair of rare date New Orleans seated quarters. I had sent the colorful one to PCGS and the cleaner one to NGC figuring they should 65. For ha ha's I swapped them around and sent them back to NGC and PCGS. Both came back 65's the next time. It was an early lesson in the inconsistency of the services.

roadrunner

paulheep · October 25, 2003 2:21AM

My first crack out was a 1913-d ty 2 Buffalo Nickel in an ACG MS64 holder I won off E-bay for $150. I cracked it and sent it in to PCGS and now it's in PCGS MS63 slab.

Paul

stujoe · October 25, 2003 2:38AM

1911 S Lincoln in VF. Didn't want it in an ugly hunk of plastic that was fifteen times the size of the coin.

Blade · October 25, 2003 2:47AM

1904 $5 NGC MS63 PQ. I sent it to PCGS as a crackout for my registry set, hopeful for a 64. It returned 63. OK by me. You can see a pick in my registry set.

Blade 1792-1964 Type

razorface1027 · October 25, 2003 2:58AM

I cracked out everything that I purchased at ebay when I resumed collecting coins after many years of absence. I bought them just to stuff'em into my albums because I couldn't understand this new fangled way of collecting coins. What happened to touching them, flipping them, rolling them or carrying them in yer pockets. I was anarchic S.O.B. in the 2nd beginning of collecting. LEARNED QUICKLY THOUGH!...

mozeppa · October 25, 2003 3:22AM

rescued a 1912 lincoln matte proof from a acg slab

lclugza · October 25, 2003 3:35AM

I once had cracked out a blast white GSA dollar and put it ib plastic wrap. In just a few months, that coin had developed beautiful golden toning! This was way back in the 70's. It really doesn't take much time to tone a coin. Most of the "white" silver coins from 100+ years ago have probably been dipped, and most of the coins with "beautiful original toning" have probably been dipped and retoned! That is why I will not pay extra either for "blast white" or "beautifully toned" coins

airplanenut · October 25, 2003 5:53AM

<< <i>Why anyone would crack out slabbed coins to place in inferior protection is beyond me. Especially with all of the slabbed supplies out now (Eagle slab albums, etc.). But to each his own I guess. >>

Maybe because slabs don't fit in a type set? When I get gold for my set, it will start out in plastic, and then probably be liberated. I'm not afraid of a coin going bad in an album...

paigowjohnny · October 25, 2003 5:57AM

1947-D Walker ICG MS64 for my Dansco short set.

Baley · October 25, 2003 6:14AM

Almost all of these were cracked out of holders, I don't remember which was first but the most recent was the 1837 half dollar.

kamehameha00 · October 25, 2003 6:18AM

Baley,you can post those pics ALL you want

stujoe · October 25, 2003 6:20AM

That is a beautiful display of coins!

jonesy · October 25, 2003 8:54AM

1938D/D Buffao Nickel MS66. Sent to PCGS, came back MS64!!

Gave it to tsacch's daughter when I found out she liked Buffalo Nickels. Nicely Toned!!

Coinosaurus · October 25, 2003 10:18AM

Baley - you have posted those pics a few times & it is always a pleasure to see them again. Nice to see someone with enough guts to take their coins out of slabs

cosmos66 · October 25, 2003 10:26AM

I just cracked my first slab a couple of days ago. I cracked out an 1885-S morgan MS64 by nuMISTRUST so I can send it to PCGS.

Boom · October 25, 2003 10:29AM

I cracked out a SEGS-62 1932-S Washington Quarter because it looked better than the PCGS-63's and 64's. I wouldhave been a fool to ship a SEGS 62 to PCGS for crossover! Do you think for one second that it would have upgraded if I hadn't....NOT! It was a no-brainer!!

coinlieutenant · October 25, 2003 10:31AM

Bought a obviously undergraded 1798 VF35 PCGS Bust dollar a few months ago. This coin was choice. Had the perfect look to it, original with dirt. Cracked that puppy out and got a XF40. Made 500$. I was excited.

I dont do that often though, not unless I am certain that it will upgrade...

John

Draco · October 25, 2003 10:31AM

an 1827 half in a PCGS XF45 holder. I knew the grade was a 55 and ANACS agreed with me. My second was an 1862 Indian cent in a PCGS AU55 holder and I knew the coin was MS. ANACS again agreed with me and gave it a grade of 62 (still too low IMHO).

haletj · October 25, 2003 10:31AM

I cracked out 7 coins for the first time a month ago. They were...
1858 SL FE cent Pci ms63
1863 Indian cent Acg ms63
1933-d Lincoln Pci ms67 (really ms65 imo)
1935-s Dime Ngc ms66 (really ms64 imo)
1971 Ike pcgs ms64
1972 Ike pcgs ms64
1979 WR SBA pcgs ms64

Someday (when it's safe to say I won't need to sell for the money) I'll crackout ALL my coins and store them safely, all in the same manner, even my very expensive ones. Slabs are just way too big. And there is no way I'm ever going to pay to put a raw coin in a slab (with the obvious exception that if I need money, selling a coin slabbed might get me more money).

Veep · October 25, 2003 10:49AM

First crackouts were Walking Lib Halves and Type gold coins. I was putting both sets together at the same time. Some I bought raw and somew ere slabbed. They're all free from theirs tombs now and looking pretty in Capital holders.

I've cracked three coins thinking that they were better than the grade on the slab:

1)NGC 65 Vancouver came back NGC 65
2)NGC 63 Hawaiian came back PCGS 63
3)PCGS 63 1932-D 25c came back 63 (Has a great 64 look, but hidden mark under Geo's lower lip hurts
it.)

I've heard that he services aren't consistent and from what I've seen, I agree. But as for my submissions, they are right on the money. Darn!

What was your first crackout?

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