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Removing PCGS coins from Slabs - Does it ruin the value

Posted: Sun Mar 01, 2015 7:08 pm
by tab1962
I prefer to buy the PCGS grades coins but hate the sterile look of the coins in the slab so I want to remove them and place them in a quality photo album - would this hurt the future value even if I keep the PCGS grade labels in the coin album to show the future buyer?

Thanks

Tom

Re: Removing PCGS coins from Slabs - Does it ruin the value

Posted: Sun Mar 01, 2015 8:14 pm
by Daniel
I don't recommend doing that because it will effect the value, and you risk a chance of damaging the coin.

Re: Removing PCGS coins from Slabs - Does it ruin the value

Posted: Sun Mar 01, 2015 9:58 pm
by tab1962
The Dealer has a tool that he uses to take the coin out of the slab. Just hate to have the coin look so sterile where the album is much easier to look at the coins plus I shoot them for my stock business. In some cases I've made more money selling the stock photo of the coin that what I paid for the coin.

Here is an example of one of my coins that has made some decent $$ by its photos on line- I am a commercial photographer so I am adding in coins for my overall portfolio.

http://www.shutterstock.com/cat.mhtml?s ... =185504423

Re: Removing PCGS coins from Slabs - Does it ruin the value

Posted: Mon Mar 02, 2015 12:04 am
by PetesPockets55
Tab1962, I think lot of collectors like the look of a coin without the plastic obstructing the view. But I have a question for you. Do you know if the device the dealer uses to remove the coin damages the holder?
Now put yourself in a potential buyers position when presented with a coin that a seller says was in the holder. Why would the buyer believe that this is the actual coin that was in the holder originally? Who is to say the seller didn't remove the original coin, send it back in to be re-encapsulated and then get a lesser quality coin to go with the first holder?
As many members here have stated, that bulky piece of plastic is the COA (Certificate Of Authenticity) for that particular coin. But once removed from the holder all bets are off.
i believe the main reason a dealer might remove a coin is that he/she thinks it might have been under graded originally and is going to hope that it will go up a grade or they try to get a coin graded by a different, more respected grading company that would make the coin more valuable!

Re: Removing PCGS coins from Slabs - Does it ruin the value

Posted: Fri Apr 03, 2015 1:09 pm
by funcoins
I agree. It defeats the purpose of getting the grading by removing the coin. Even if the coin is not physically damaged you are still potentially dropping the value by not having a confirmed certification holder.