Cracking open slabs

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asheland
asheland Posts: 24,545 ✭✭✭✭✭
I recently cracked out two gold coins in PCGS slabs and sent them back as raw coins.
Has anyone here had any good luck doing this?

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  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    Some have had success, not me, but some!

    More importantly though....WELCOME!

    Bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    Thanks!
  • seatedcoins
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    Welcome...
    Trustworthy BST sellers: cucamongacoin
  • vplite
    vplite Posts: 1,385 ✭✭✭
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    Welcome!

    Posters on this board have talked about that. I couldn't afford it as a mere collector, and I don't have any coins worth it.
    The Golden Rule: Those with the gold make the rules.
  • oxy8890
    oxy8890 Posts: 1,416
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    welcome

    image
    Best Regards,

    Rob


    "Those guys weren't Fathers they were...Mothers."

    image
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    Jimmy crack coins and I don't care.image
    theknowitalltroll;
  • Goldbully
    Goldbully Posts: 18,557 ✭✭✭✭✭
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    << <i>Jimmy crack coins and I don't care.image >>



    imageimage
    imageimage

    imageimage
    imageimage
  • greymars
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    Welcome to the Forums

    Gary
  • 19Lyds
    19Lyds Posts: 26,520 ✭✭✭✭
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    Not yet I haven't.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • JSsson
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    Welcome!

    Some people even make a living doing what you described on a full time basis.
  • fcloud
    fcloud Posts: 12,133 ✭✭✭✭
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    I don't crack them. I simply send them in for regrade when I have something I think will grade higher. You are safer by doing it that way. Your coins will always come back graded and there is no risk of not getting the coin back into a holder. My last go around netted me four out of five upgrades. My previous time was five for five.

    Good luck and WELCOME to the message boards.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • DJCoinz
    DJCoinz Posts: 3,856
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    Welcome to the forum! image Good luck...I've had about 25% success trying for upgrades.
    aka Dan
  • direwolf1972
    direwolf1972 Posts: 2,076 ✭✭✭
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    image
    I'll see your bunny with a pancake on his head and raise you a Siamese cat with a miniature pumpkin on his head.

    You wouldn't believe how long it took to get him to sit still for this.


  • NHSBaseball
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    Yeah, but from NGC AU-58 to PCGS AU-50 on a 1829 half dime was my latest result.image

    image
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
  • LincolnCentMan
    LincolnCentMan Posts: 5,347 ✭✭✭✭
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    I average about 60% upgrades doing it. I probably crack less than 5% of my slabs for resubmissions. As an interesting aside, I cracked five PCGS coins once and sent them back in to PCGS... three upgraded and two downgraded. It's a numbers game. You win some, you lose some. Winning more than losing helps, though. image

    -David
  • PerryHall
    PerryHall Posts: 47,751 ✭✭✭✭✭
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    I don't play the crackout game. I buy them already slabbed and I need to like them before I buy them.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    Thanks everyone!
    I sent my first two in raw, but have another one on hold that I may just leave in, so I can guarantee the grade atleast stays put.
    It's in an old green holder PCGS, and looks alot cleaner than ones of the same grade in newer holders, I hope to atleast get one grade up...
    BTW, it's a 1904 Double Eagle in 63, from 62 to 64 the price really jumps, so getting back a 62 would not be cool, although I doubt it would be downgraded.
  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    How nostalgic! I believe this is my first thread ever! (old thread alert) :D

  • Jinx86
    Jinx86 Posts: 3,729 ✭✭✭✭✭
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    Roll of the dice...

  • Insider2
    Insider2 Posts: 14,452 ✭✭✭✭✭
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    How are you doing with "crack-outs" now?

  • Wabbit2313
    Wabbit2313 Posts: 7,268 ✭✭✭✭✭
    edited August 30, 2018 10:38AM
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    You never did say how you did??? And by the way, you have to do it right for such an old thread:

    .

    OLD THREAD ALERT

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    @Insider2 To be honest, I haven't cracked any in a while, but the last two, from NGC to here, I got the exact same grades (which was fine to me) I like the new PCGS holders better than the new NGC anyway...

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    @Wabbit2313 I remember the 1904 $20, I suffered a downgrade :'( I bought an OGH 63 that now, looking back was puttied. I didn't know about that back then in 2008, I bought the coin and didn't know what the residue was. I acetoned it and sent raw. 63 to 62. :s The other coin, if memory serves me correctly, was a 61 that went 62. ($10 Lib)

    It was a learning experience.

  • ctf_error_coins
    ctf_error_coins Posts: 15,433 ✭✭✭✭✭
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  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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  • fivecents
    fivecents Posts: 11,207 ✭✭✭✭✭
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    @asheland said:
    I recently cracked out two gold coins in PCGS slabs and sent them back as raw coins.
    Has anyone here had any good luck doing this?

    Yes, I've had great luck. Luck greatly increases with a good eye.

  • Paradisefound
    Paradisefound Posts: 8,623 ✭✭✭✭✭
    edited August 30, 2018 11:08AM
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    Guys, you always suggest hammer as a go to tool :#

  • Paradisefound
    Paradisefound Posts: 8,623 ✭✭✭✭✭
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    10 yrs ago....you already smashing slabs? :s

    @asheland said:
    :D

  • ctf_error_coins
    ctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited August 30, 2018 11:25AM
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    @Paradisefound said:

    Guys, you always suggest hammer as a go to tool :#

    That is because it really does work quite well.

    For reals, that last one I tried a Dremel with a cut off wheel, which worked but made a complete mess and smelled of melting plastic. Back to the HAMMER! :)>:)

  • Treashunt
    Treashunt Posts: 6,748 ✭✭✭✭✭
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    @asheland said:
    I recently cracked out two gold coins in PCGS slabs and sent them back as raw coins.
    Has anyone here had any good luck doing this?

    Ten years later:
    What happened with your submission?

    Frank

    BHNC #203

  • burfle23
    burfle23 Posts: 2,674 ✭✭✭✭✭
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    Not being hung up on the slab number myself I have not participated in this effort, but I would agree with a previous statement that I would submit for a reevaluation (probably not an option 10-years ago) or a cross-over. I have actually seen nice early copper damaged by the owner cracking it out (I would think the hammer approach not very subtle).

    I recently viewed an apparent nice early copper cracked out of the TPG holder, only to have the "coin" determined to be counterfeit, and the TPG guarantee became void.

  • Kkathyl
    Kkathyl Posts: 3,762 ✭✭✭✭✭
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    I have heard of a few who have made a living "cherry picking" coins and having them upgrade.

    Best place to buy !
    Bronze Associate member

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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  • SiriusBlack
    SiriusBlack Posts: 1,120 ✭✭✭✭✭
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    Do you even still have the coins? :o

    Collector of randomness. Photographer at PCGS. Lover of Harry Potter.

  • Insider2
    Insider2 Posts: 14,452 ✭✭✭✭✭
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    @Treashunt said:
    I was wondering why people were welcoming someone with over 9,000 posts,

    Then I saw this was a 10 year old thread.

    I wondered the same thing.

  • marcmoish
    marcmoish Posts: 6,936 ✭✭✭✭✭
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    @Treashunt said:
    I was wondering why people were welcoming someone with over 9,000 posts,

    Then I saw this was a 10 year old thread.

    me too, thought I was losing my mind thinking what da heck is the welcome for?
    Seriously considered raising my med dosage on the fly :s

  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    @Insider2 said:

    @Treashunt said:
    I was wondering why people were welcoming someone with over 9,000 posts,

    Then I saw this was a 10 year old thread.

    I wondered the same thing.

    Me too.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    @asheland.... Is this the second coming?? :D:D I have been checking the dates on threads a lot lately since there have been quite a few 'resurrections' lately.... Cheers, RickO

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    @SiriusBlack said:
    Do you even still have the coins? :o

    Long gone unfortunately. But I have all the same type coins again and all in higher grade so I'm good. :smiley:

  • ctf_error_coins
    ctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited September 2, 2018 8:40AM
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    I got a Hammer.

    I got a New Slab in.

    Reasons for smacking the Slab with Thor's Hammer ..... Possible upgrade, Wrong Plastic, Incorrect Error Description, Going to the LB plastic factory later in the week.

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    @ErrorsOnCoins said:
    I got a Hammer.

    I got a New Slab in.

    Reasons for smacking the Slab with Thor's Hammer ..... Possible upgrade, Wrong Plastic, Incorrect Error Description, Going to the LB plastic factory later in the week.

    I hope it upgrades!

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