BTW - anybody cracked a coin out of a slab?
stuart
coins out of grading services holders. And yes I have experienced all
sorts of mishaps that sent shivers up and down my spine about what the
coin was going to look like when I picked it up off the hard surfaced
floor where it landed after flying six or seven feet off the table
where I was busting the holder open with a screwdriver and a makeshift
clamp to keep the dang slab still while pounding it.
Yes I have lost the grip on the screwdriver and it gets a mind of its
own and skids along the plastic toward the surface of the coin which
may or may not be fully exposed depending upon how well cracked the
plastic casing is at that point in time.
but all is good when you finally retrieve the coin from the holder,
fix it up in whatever way necessary and then send it back to the
grading service so it gets a higher grade.
Bruce Remick
"stuart" <stuart...@yahoo.com> wrote in message
news:fb77e70e-e6be-4572...@z28g2000prd.googlegroups.com...
> Over the years I have had occasion for one reason or another to bust
> coins out of grading services holders. And yes I have experienced all
> sorts of mishaps that sent shivers up and down my spine about what the
> coin was going to look like when I picked it up off the hard surfaced
> floor where it landed after flying six or seven feet off the table
> where I was busting the holder open with a screwdriver and a makeshift
> clamp to keep the dang slab still while pounding it.
>
> Yes I have lost the grip on the screwdriver and it gets a mind of its
> own and skids along the plastic toward the surface of the coin which
> may or may not be fully exposed depending upon how well cracked the
> plastic casing is at that point in time.
I have always had good luck using a 3/4" wood chisel and a hammer to split
open any TPG slab. Careful tapping has never failed me yet.
>
> but all is good when you finally retrieve the coin from the holder,
> fix it up in whatever way necessary and then send it back to the
> grading service so it gets a higher grade.
>
That's something I have only done once. Sent a coin off to be graded. But
reading the auction results of the recent Lee #1 registry set of Lincoln
cents, I may consider doing it again. $2,300 for a MS68 2008-D Cent??? I
would have expected lots of 2008 Mint Set examples to rate a MS68. Shows
what I know about grading.
stuart
> "stuart" <stuart.se...@yahoo.com> wrote in message
The whole "paradigm" of modern coins in slabs is disconcerting at
best, a contrived perhaps even fraudulent market at worst. What
probably happens is that the entities that get hundreds or thousands
of coins slabbed at a time include 25 to 50 or even 100 examples of
coins that the rest of us could not afford to send in in onesies and
twosies. If a reasonably talented numismatist on staff at one of these
entities gets paid $25 to $50 an hour to go through the coins and the
slabs cost $2 to $3 a coin, the one coin that grades "68" pays for the
whole shebang while the "66" and "67" coins get sold for $5 to $20
etc...I do however like the concept of Registry Sets, but not the
perversion of the concept which creates the market for MS-68 Lincoln
cents.
Sadly, one of my most solid achievements at CW, was the creation of
the price guide valuations for coins graded above MS-65. Collecting
the data, vetting it, and generating listings for Kennedy Halves,
Washington Quarters, Lincoln Cents, etc...in MS-66 and above was fun.
The public availability of such data created a bit of a monster.
Bruce Remick
_____________________
I think it's ironic that some collectors/investors may rely on price guides
for the MS67+ coins, yet there is no detailed and widely-recognized
photographic grading guide for individual supergrade coins. With these
registry set auctions, I picture buyers captivated only by the slab labels
and paying $30,000 for an MS68 while ignoring an "identical" MS67 at
$1,000. Sounds like the "King's New Clothes" to me. Must be nice to be
able to afford $30K for a shiny penny-- and then to look over the rest of
the offerings to see if there's anything else to buy.
Coffee's For Closers
be5219...@z28g2000prd.googlegroups.com>,
stuart...@yahoo.com says...
What do you mean by, "fix it up in whatever way necessary"???
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Thomas N Mathberg
I bought an ANACS 1932-S quarter in VF Norwood coins. It was the last coin
I needed to complete my circulated Washington quarter collection. I brought
it to my local coin dealer and he cracked it out. He was used to cracking
out PCGS and NGC slabs but this was the first ANACS he craked out. I have
a great relationship with my local coin dealer and I have him do this stuff
for me.
I will create a 1999-2009 state/terrority collection from my mint sets and
proof sets. He is doing this for me for the price of the Dansco albums.
Have a professinal do this.
dennis
stuart
IN.SIG> wrote:
> In article <fb77e70e-e6be-4572-8086-
> be521932e...@z28g2000prd.googlegroups.com>,
> stuart.se...@yahoo.com says...
>
>
>
> > Over the years I have had occasion for one reason or another to bust
> > coins out of grading services holders. And yes I have experienced all
> > sorts of mishaps that sent shivers up and down my spine about what the
> > coin was going to look like when I picked it up off the hard surfaced
> > floor where it landed after flying six or seven feet off the table
> > where I was busting the holder open with a screwdriver and a makeshift
> > clamp to keep the dang slab still while pounding it.
>
> > Yes I have lost the grip on the screwdriver and it gets a mind of its
> > own and skids along the plastic toward the surface of the coin which
> > may or may not be fully exposed depending upon how well cracked the
> > plastic casing is at that point in time.
>
> > but all is good when you finally retrieve the coin from the holder,
> > fix it up in whatever way necessary and then send it back to the
> > grading service so it gets a higher grade.
>
> What do you mean by, "fix it up in whatever way necessary"???
>
> --
> Web Site Advertising Directory
I was just being cheeky, possibly even arrogant.
I do however "work" on my coins. For example I made a trip to a
foreign country and did a lot of buying. I purchased from a variety of
sources and at a variety of venues. Long, story short, many of the
"cheapie" coins I picked up were covered with PVC and other
contaminants. It was necessary to soak them in soap and water or
acetone to remove grime and PVC damage. Silver coins were definitely
"dipped out" to remove ugly toning.
Leo Marx
Try a hacksaw the next time.
JAM