I Bought a Perfect Gold Coin and THEN...

I bought a perfect gold coin, and then... what? I busted it out of its slab? I promised to leave it alone? You'll have to watch to see. Does grading modern bullion make any sense? People who have an easy platform to sell their graded coins will say it does, but I'm not so sure. There are positives, but I'd say there are a near equal number of cons. The 2009 Ultra High Relief Double Eagle from the US Mint makes a good case study for the topic. Cheers!
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Thank you!

[@zayneunderwood1488]

Slabbing bullion coins has always seemed like a scam to me....

[@2is1gold]

It's a good gig for the companies doing the grading! 😄

[@youmustmonthebiff]

It’s idiocy.

[@Knife_Collector]

I bought a lot (to me) of collectable silver coins over the years, but trying to sell them is to hard. I don't want to ship them, cause mail gets lost a lot, scammers will say the box was empty, or it was a fake, and dealers mainly want bullion around here. So it's bullion for me, generic or government, and not graded, so all I have to worry about is spot.

[@2is1gold]

That's the story for most. The people saying otherwise have built a platform/audience or are willing to put up with it. Cheers!

[@timothyburchett8306]

This is an absolute sharable, knowledge based & informative video with high entertainment value!

[@chrisaustralianfinance9204]

I always love listening to your videos. Nice to listen to more of a hobby collector then someone hoarding gold for the pure reason of profit.

[@2is1gold]

Glad to have you here.

[@leefinthewind2311]

hahaha I was dying at the Greedo reference xD always look forward to your videos!

[@2is1gold]

Thanks!

[@PoorRichardsAlmanac]

2 is 1, where did you locate your capsule for the UHR? I damaged mine opening it and need a replacement.

[@ftlaud911]

Congrats on the pickup!! I got my UHR Double Eagle and love it. Was debating about the slab for resale, but I plan to keep it forever. I went without slab so I can touch it without paying more and breaking the slab. My choice and glad I did no get slab.

[@2is1gold]

Nice!

[@jamessuter551]

I did the same thing and love the mint packaging as well.

[@grants169]

Oh, please please tell me where you get a capsule for the UHR if you break it out. I've been looking for a spare capsule for a while, the one I have has a chip in it and I want to replace it.

[@2is1gold]

I got it from JM Bullion. APMEX has had them as well. Cheers!

[@subvetstacker1173]

I saw the title and thought for sure you were going to break it out before I watched the video. I was waiting for it the whole time...haha

[@2is1gold]

Ha! It's probably coming. 😄

[@brent5354]

There can be arguments for both sides. Graded modern bullion reduces the risk of buying fakes and they are preserved in the slab. I think they are easier to sell as well with NGC and PCGS backing (there are still fakes in the marketplace of slabbed bullion). On the flip side, graded coins take up alot more space and is just an extra fee if they are not already graded. I think your experience is also key. If your a novice, it might be better to buy graded coins if your not buying from a reputable dealer. If your an expert and know how to test, I can see why buying unslabbed would be better. It also comes down to are you a collector or a stacker? As a stacker, it would make more sense to try to buy raw as close to spot as possible.

[@2is1gold]

Yeah, buying from a reputable source cuts out a lot of the authenticity concerns. I wondered for a while if there wasn't a need for a lighter touch for verification (no grading). Cheers!

[@NefariousEnough]

It's a common misunderstanding that '70' equates to 'perfect'. It doesn't.

[@2is1gold]

You'll have to explain that one. The definition of ms-70 is a "perfect coin". I think everyone understands there is no such thing as perfect and they're looking under 5x magnification. There are also enhanced grades, but there shouldn't be any flaws on an MS-70.

[@NefariousEnough]

@@2is1gold I'll have the pros at PCGS (search 'grading standards') tackle that one. In my experience, they're the best and most consistent. Once handled, a MS 70 coin is now an AU (about uncirculated) specimen which can reflect an order of magnitude in value depreciation depending on rarity and, as with anything, other factors.

[@thomascrown]

I have an MS70 1OZ gold 225th anniversary coin which was a horrible purchase at the time but they're selling for quite a premium now. Your coin is one of my favorites and if it were me I would keep it slabbed to make it more liquid for my heirs to sell when the time comes.

[@2is1gold]

You probably identified my top reason for (potentially) leaving it. Whoever gets it when I'm gone will have an easier time selling it if that's what they decide to do. Cheers!

[@AsianMacAdventures]

Where did you purchase that capsule for the UHR coin? I need a replacement for mine.

[@2is1gold]

JM Bullion had it. APMEX has had them in the past as well.

[@MrBullay]

Buy what you like and enjoy: slabbed, graded, regular bullion, proofs...it's all good. Do your do diligence when shopping and enjoy what you're doing. Thanks for sharing!

[@2is1gold]

Cheers!

[@nicholsworth2754]

Another esthetically pleasing to the eyes and ears video. Your Instagram pictures are stunning.

[@2is1gold]

Thank you!

[@chrisstanford3652]

Local coin dealer suggests grading slabs for pre-33 gold, but extra cost for bullion grading is not needed as he inspects all coins.

[@thecars570]

Where do you find the airtite Capsule for the high relief double eagle?

[@2is1gold]

JM Bullion had one.

[@GetIrked]

I can’t help myself - I laugh uncontrollably whenever you make a video like this and I think about the crazy goldbugs losing their minds when you break coins out of slabs. I truly live vicariously through these videos - I never buy slabbed coins myself but would love to break them out. Let them run free as God intended! 😉 Fantastic video, as always! 👍🏻

[@2is1gold]

I’m trying to be empathetic, but yep! There’s a bit of me that just wants to do what my heart desires! 😂

[@cairpreliffechair832]

Han Solo in Stormtrooper outfit. Shooting at Darth Vader behind an AT-AT Walker. Ah, the memories. The only slabbed coin I have is a pre-33 gold coin, and tempted to put it in a simple coin holder but.... Nah.

[@2is1gold]

😄

[@bvitale35]

Deciding on a Perth mint dragon coin or a Czech Republic lion for the next purchase. Thanks for all the knowledge - content

[@jimmytwotone2127]

How do u feel about that 2022 lunar tiger in platinum and would u buy 1 if u could get it for just straight 1 oz. platinum maple numbers? Keep in mind I do not own any platinum thus far but I feel like it's a deal on it and as soon as she dies it has to go up ya? 🍻

[@robertdavis120]

With coins like the 2009 HR, I personally would have kept it slabbed. Low volume coin and high collectibility. No real good reason NOT to keep slabbed imo, but to each their own

[@2is1gold]

🤜🤛

[@okgroomer1966]

Can't touch it is reason enough for me

[@jrtjonathanwinchell3955]

In my LCS I asked how much would it cost to slab an ungraded ounce of gold and their response only $50 that's why I don't like slab and the grading process.

[@jamiebishop9512]

Please dont break that out. I wouldn’t consider that a standard bullion coin at all. I am trying to find one in the UK and really struggling.

[@CJ-zv1bw]

Most local dealers that I have gone to tell me our premium graded coins are not going give you much over any other coins. So I said I’ll stay with bullion mostly. The only value is if you are giving it as a gift or hand it it down to loved one. I will pick it over non-graded for no more then 4% over spot and that is if it is low mintage or a special release. Collectors out there created coins are not much different only you’ve paid more to own one, you’ll get much better value from a bullion coin.

[@Live2listen2]

Where did you find a capsule for 09 high relief?

[@2is1gold]

JM Bullion and APMEX have them now and then.

[@72cmcinc]

I would have never considered grading modern bullion, until....I ended up with one of the 2021 Type 2 1/4 AGE unfinished proofs. I held onto it for weeks looking into what to do and I kept hearing get it graded. I ended up getting it graded and got a 69, oh well. It was a PIA and more than likely wouldn't do it again. Now with yours, IDK, in the end it is was make you happiest! Good luck!

[@appleztooranges]

Wondering/ curious what a recession would do to gold? Should be your next video. Hearing we will be getting one soon. Does it drop/ crash? Or does it go sky high?

[@edb3877]

It probably does more than one of those things. First thing is that it would likely drop some as people are selling whatever they can to cover shorts or raise cash from something that is liquid but down less than their other assets. After that selling abates, it should begin to rise as more buyers come in looking for a safe haven asset to protect their wealth. If it gets really bad, then prices could rise substantially. But the thing about the future is that we not only do not know what it will be beforehand, we simply cannot know until it arrives and becomes the present. Because of this, I favor a well balanced portfolio of assets including stocks, ETFs, mutual funds, some real estate (but be very picky about when I buy it), utilities, divided-paying blue-chip stocks, and healthcare stocks / funds / ETFs. It is my belief that the entire world is awash in debt and because of that I refuse to own any bonds of any kind. They are guaranteed money-losers, IMO, and I don't want to have money in debt instruments when the debt house-of-cards collapses.

[@itslaterthanyouthink87]

nice episode.. I was on the fence a while back "to slab or not to slab" and here in Australia it almost isn't worth it as its a 90 day process and you don't know where your coins are during this process or how they are going during transit to the grading company.. I agree your gold you do what you want with it... I think its hilarious someone said your smashing it out of the slab for attention like its a bad thing, attention brings views , views bring higher algorithms and money... sweet got the quote at the end my ocd is at ease haha. thanks have a great one

[@2is1gold]

Ha, yeah, the quotes are back. I was going to reply to the person to say the whole point is attention but then I would have had to explain views vs ego. Cheers!

[@itslaterthanyouthink87]

@@2is1gold yeah true not worth the hassle of explaining it... but im sure the majority of us get it , well I hope at least haha.

[@TheFeralBachelor]

For me graded bullion coins does feel like a bit of a scam. Would you pay 3x, 4x more for a graded MS70 APMEX Gold Bar? Right, you wouldn't. So why pay that for a bullion coin? I can see grading for true numismatic coins where the value comes in the scarcity as well as condition. There is also the dealers who have professional graders on staff combing through coins, getting them slabbed in mass and the grading companies are happy to stamp it MS whatever because it keeps them in business. Really, 10,000 MS 70 coins are supposed to be special? So I guess my issue with any slabbed coin, or round is purely cynical. I do not expect a dealer to pay me for a slabbed coin for more than half of what I bough it for especially if you walk in with a MS70 GE and they have 6 in their display case. I'd be lucky to get spot for it. So if your thing is to collect slabbed MS70 coins have at it. Pay the price, enjoy your hobby. Just don't expect me to think that coin is any more valuable than a raw coin.

[@2is1gold]

Yeah, if you're into it, go for it. You listed a few of my gripes that I didn't mention. I know if I buy a raw version from a big dealer, it wouldn't grade out. If it would they would have sent it off knowing that someone out there will pay more for the good ones. That part rubs me wrong. Cheers!

[@artboston4787]

So do you stack palladium eagles?

[@nohurry1570]

I have that same coin. Mine has the wooden box and little hardcover book from the mint.

[@wasatchwizard4770]

Buy graded for the price of raw- my favorite! Personally I bought a bullion MS-69 for raw price, and I still haven't broken it out. But then it's my only 5oz piece and it's a weird size either way.

[@2is1gold]

Yeah, that's a big point. I don't like having like coins handled differently. It's different to me if it's unique. Cheers!

[@Caveman_911]

For the most part, slabbed modern bullion coins doesn’t make sense to me, but if there’s a market for them, then it does make sense…it’s as simple as that. I do however, think the (somewhat) lower minted, collectible coins have a place in the slabbed world :)…as far as your UHR…being in a 70 slab, I’d keep it there because you’ll lose the premium you paid once it’s cracked out…not to mention the possible future premium it may gain. That being said, it’s your coin, so def do with it as you please. Thanks for the content and have a great day!

[@2is1gold]

Yeah, you're following practical logic. Cheers!

[@ebiss]

Trade ya! My shiny piece of yellow metal in the big box for your shiny piece of yellow metal in the much smaller plastic holder. I’m with you on preferring my coins to remain unslabbed but for some reason I would rather have this one and my 2016 Centennial gold coins to be slabbed. It’s probably because getting them out of their bulky display boxes is a pain. I prefer everything else to live in airtite tubes. I had a similar argument about whether or not to break a 1/10 gold panda out of it’s plastic mint-sealed package. I haven’t done it yet but it’s driving me nuts not having it in an airtite tube.

[@frankchase9297]

Great information, I have a a PL. I just could not justify the cost of a DMPL. Best Regards!

[@2is1gold]

Nice!!

[@meteoman7958]

Slabbing bullion coins and paying ridiculous premiums for MS70 over MS69 is a fad. Here in Canada, it won't get you a penny more and when I buy a slabbed coin as part of a series that I am collecting, I break it out and put it in the same style of airtite as the other coins. Since I am not collecting AGE's, I do have a NGC slabbed 2006 4 coin set of MS70 AGE's that I keep intact, but I paid no more than raw bullion for it. It's frankly inconvenient and takes up too much space. I have a nearly complete date run of Gold Buffaloes and some were broken out of slabs. I try to collect MS70 coins, but I don't need a company to assure me.

[@2is1gold]

I'm with you. I don't see how this continues. It makes no sense. Cheers!

[@banditjones3632]

Collecting what you like and accomplished goals of a complete set still sounds very smart to me.

[@2is1gold]

🤜🤛

[@3DNightmare]

I just purchased my first Gold Eagle; I also restore 60's muscle cars so when I'm looking for parts I get the Best, I can find (upper 90% of what some) would say is "reasonable" money. so, I will do the same with Gold Eagles on certain coins I Want. I say 2 is1 Don't trade with someone else and risk the chance of "like you said" getting a lesser Quality coin. It's YOUR coin. You got (Exactly) want You wanted, do with it what You want... I Would and I will.

[@2is1gold]

Thanks!

[@wasatchwizard4770]

Han shot first!

[@2is1gold]

💥🔫

[@butchj6326]

About a month ago I was able to pick up a lunar tiger and a 2022 gold Panda from my LCS both slabbed, MS70 and the Panda was early strike. I payed $20 over spot for each so a great deal but I can't get myself to break them out of the slabs. Every time I pull out my gold it bugs me to not have them in capsules in my normal tubes - the stress of the decision is getting to me so I think I'm going to bust them out so the decision goes away. Thanks for the video.

[@sur-real3416]

Maybe you can find some type of capsule for the slabs. They might have coin sheets that hold slabs.

[@2is1gold]

That's what does it for me. If I enjoy them less, I need to correct that. 😄

[@appleztooranges]

Didn’t you buy the 2021 bronco 1 oz high relief for $2,750? You said you don’t pay a ton of premium. That is a huge premium. Especially for just a 1 oz gold coin

[@2is1gold]

Yep, $2,715.

[@num1cheechwizard]

@@2is1gold Worth every penny and more, Cheers.

[@mfb3042]

I've bought from major online dealers not expecting a graded slabbed gold coin. So, doubt if the coins were worth more. They weren't 70s.

[@Anthonyt258]

Brake it out , brake it out , brake it out !!! Haha

[@2is1gold]

⚒️

[@villevalste1888]

6:11 *Holds up a 2022 AGE* "This is the most common 2021 gold coin on the planet."

[@2is1gold]

Ha. Talking and reading small script on coins isn’t always easy. If I remember right, I say that down and grabbed a 2021.

[@bonsaipiper3773]

Need some more Door Marked Private.

[@2is1gold]

Yeah, it’s time.

[@TheQuickSilver101]

Congratulations on such a nice find. If it was me I'd leave it as it is, but it's yours and you should do what you want with it. There are some KZbinrs who pour gold and silver who would probably be happy enough to melt it if it was theirs and they got it for the right price. I don't think you want to do that but the point is it's your coin, enjoy it as you like!

[@2is1gold]

I hadn't thought of melting it. I need to step up my shock and awe game! 😄

[@SamadPenCo.]

I have absolutely no problem with graded and slabbed coins that have true numismatic value but HELL NO to grading and slabbing mass produced coins, bullion or otherwise.

[@2is1gold]

Same.

[@ac8632]

I definitely smash out of those 'Assay Cards' that some coins are sold in.

[@2is1gold]

🤜🤛

[@augiecontreras329]

I just brought a 1986 1/10th Oz Gold Eagle in capsule ,my first gold coin, I think iam gonna liquidate most of my silver Franklins and Kennedys and 40%Kennedys and get some more gold coins. My question to you is witch Gold Bullion to purchase Thank you Sir 😊

[@tomtharos4440]

A fool and his money are soon parted. Example -slabbed bullion. If you do buy slabbed bullion, only MS70. The ultimate scam is paying for getting a second opinion, e.g., CAC. I do have 3 slabbed AGEs I got for less than a raw version.

[@superdutyohv3401]

I really want to bust out an MS70 2021 type 1 eagle but I’m always on the fence 😬😬

[@2is1gold]

Up to you, but I know what I do! 😄

[@okgroomer1966]

Just do it, gold needs to be touched.

[@dvvaughn564]

if its slapped keep it slapped should also have that lunar tiger slapped as well. if it were me i would have that tiger graded. busting it out does not help value but having it slapped could help raise the value of it. should be added cost simply because its graded.

[@2is1gold]

I would enjoy the Tiger so much less if it was in a slab. It has a beautiful presentation case that would be wasted (and I don't plan to ever sell it). Cheers!

[@coctailer]

I would leave it in the slab since you already have one out of the slab to show for the camera. Well, unless you want to riffle them in your hands and trigger the numis. LOL

[@2is1gold]

I want to knuckle roll two at one time! 😄

[@bootyslayer6970]

Are certified coins worth buying over billion coins? They say that because of the “rarity” of the coin, they will go up higher in value than bullion coins will when spot prices rises over time. However ur paying a much higher premium for these coins than bullion.

[@2is1gold]

It depends on the coin.

[@coyotegrad-collectables]

The only coin I've sent in for grading was the Wolverine silver error coin.

[@2is1gold]

How'd you do?

[@coyotegrad-collectables]

@@2is1gold MS 69 unfortunately. I was more concerned about having it graded so I can flip it eventually, and there won't be any question whether or not it's genuinely an error coin.

[@martynrawlins8050]

I've got a collection of empty plastic slabs and I'm thinking of keeping them in a gold box for protection or will the box be detrimental to the slabs? 🤪

[@blueslurker1]

Was the gold box made from melting the coins that were in them? In that case you should be fine.

[@gordond843]

Think about it this way. “ Break glass in case of emergency “

[@2is1gold]

Yeah, maybe! 😅

[@CoolCoinsandCollectibles]

I think you are doing the right choice, as you can never put that Gold 2009 Double Eagle back in that slab....but you can ALWAYS set it FREE 2 is 1

[@2is1gold]

True!

[@PoorRichardsAlmanac]

2 is 1, any idea what the original buyer paid for your slabbed ultra high relief gold double eagle?

[@2is1gold]

Yeah, the issue price was $1,189.

[@PoorRichardsAlmanac]

@@2is1gold Imagine getting it for that price. He probably thought it was expensive! Excellent video and beautiful coin. The tiger too. Would love to hear the backstory on how you got that one.

[@zandersohn4283]

I have a few Olympic commemoratives that I keep in the slab, I think they will be easier to unload. The rest gets the jail break-

[@2is1gold]

🤜⚒️🤛

[@brian13105]

I use my cooking rule in reverse , You can always take it out but you can never put it back!

[@robnewlee1787]

Can't you send it out to be graded again? And hope you hadn't dinged it!

[@2is1gold]

😄

[@Chris6815]

I agree that I really don’t like Slabbed Modern Bullion coins. I do like slabbed collectible coins. I personally wouldn’t crack out any MS 70 coins though.

[@2is1gold]

It's funny how that 70 rating feels like padlock!

[@Chris6815]

@@2is1gold when I was new to collecting I made the mistake of buying Slabbed Silver Eagle Bullion coins and paid the extra. I wouldn’t do that anymore though. Some of my coins are worth more than twice as much because of the 70 grade than the ungraded. Like I probably wouldn’t have even purchased my 1914 $2.50 Gold Indian if it wasn’t slabbed and graded though. That is the second rarest of that coin though and I definitely wanted verification that it was problem free and graded. Even though it was only an AU58 it was still worth Hundreds more than an ungraded one. I sell on EBay and the slabbed and graded coins for me sell quicker and at a higher price too. Good video thanks 👍🏻

[@leftsidestory5803]

Great description of Reddit. 😂

[@2is1gold]

😄

[@_Hound_]

Capsules: barf Numismatics: double barf Slabs: mega triple barf to the fiftieth power

[@2is1gold]

😂

[@silverbarstacker]

Grading of modern coins is so weird to me, lol. Like those First Release coins. But yeah, having modern coins in the slabs is just a waste of space, in my opinion. I would never really pay an extra premium for a graded coin, especially a modern coin.

[@kurjan1]

I am personally not into buying bullion coins. My regular gold purchasing designated as savings, is only ever Perth Mint minted bars. I do however allow myself two purchases per year of an old, vintage or ancient gold coin. This will only ever be purchased slabbed and in consultation with a professional. These coins have seen a 740% ish valuation increase over ten years.

[@sur-real3416]

Really enjoyed a great and ( funny) informational video. It was good to hear of your perspective on slabbed coins and bullion. I don't like slapped coins myself. As for slabbing modern bullion, and the added step often of, first day of issue, or early release, or first strike... That's what I call mediahype. In Modern bullion coins in MS-70 especially in gold, should not be an uncommon thing. Your double eagle UHR I contend is a different " breed." Ordered one at release from the mint. It's probably ms-70 DMPL. There are so many unique and beautiful things about this particular issue including its presentation cherry wood box,.. (stunning.) I thought of getting it graded just to see what grade it would receive. I'm sure I never will. With your slapped one, so funny "it's at risk," I would get another in a capsule and still leave that one as is. I may be a little cynical here.....but opening the slab exposes and subjects the coin to potential injury. Imagine, 🤔you have a perfect coin, and then in a matter of seconds you don't.😳

[@edb3877]

"Your double eagle UHR I contend is a different " breed."" I agree and a good case could be made for saying that it is "the best of breed". Gorgeous coin, for sure. Would love to have one but I am on a mission to stack as many ounces as I can. This means I have to keep the prices I pay as low as I can. Love building the stack, though. Not that the coins I have are impressive because they are just regular bullion coins for the most part. I do have some proofs, a lot of BUs, and some AUs but these are ones that I got at good prices some time ago. While I have achieved my silver stacking goal, I am still buying gold each quarter. I have a goal in mind for this as well and will stop stacking when it is met. With luck and the S not hitting TF before 2023 is out, I should make it.

[@sur-real3416]

@@edb3877 thank you for your reply. It said great minds think alike, glad we agree lol. At least you have a stack and the means to stack on. Stack what you like and live the best you can be well 🙋

[@2is1gold]

Yes, this is pure logic. I should just get another, if only to delay the decision. 😄

[@sur-real3416]

@@2is1gold ...🤔 At a point in time you might consider cracking it open, if that day should come, let there be a little voice in your head that says"don't do it! Don't do it!"😆

[@edb3877]

@@sur-real3416 You're welcome, T Mel. I appreciate your comments too. Don't know about "great minds" (lol) but we sure do have like minds going here. Thanks for your comment on this. I just can't help but feel that this is gonna get a lot hairier before it gets much better. It's good to have options and some back up in all this. That should make it easier or maybe just possible to respond to most of the problems that come up during hard times. I got a lot of good info from my parents and grandparents, both of whom went through the Great Depression of the 1930s. I listened to what they had to say and found it fascinating. I can see where another round of such times could happen and continue to be amazed at how many people are just totally oblivious to the changes we all see coming at us. They aren't doing anything to protect themselves from hard times and just continue to spend more than they have on frivolous things rather than on the things that could easily become critically important to us all. All the best to you and yours too. We're gonna need all the help and ideas we can come up with before too long, so might as well start ASAP.

[@deltalima6703]

I hate slabs too. I feel your pain. :-/ The numismatic value to me is always the same. Zero. .9999 beats 22k for me though, so I would prefer a maple over some chains, so I guess I am dumb about gold too. Just being honest.

[@2is1gold]

😄🤜🤛

[@hiluis7640]

What percentage of your portfolio is in gold? Thanks!

[@robnewlee1787]

Why not break it out, then if you're selling it, have it graded again? Why not if that's what the market wants? Did you see Dennis the Menace movie? A lady tells Dennis "Don't touch that button." You know he HAD TO touch that button.HA! That's me. I've taken a vintage Hot Wheel out of it's blister pack and lost some value. Didn't care. Grandkids will still love it.

[@2is1gold]

Ha. There's a bit of that in me. I shouldn't break it out? Hold my beer. 😄

[@abedrazik8764]

I would understand you breaking it out of the slab if it was your first UHR, but you have one in your possession that you can hold raw. Breaking that ms70 slab should never cross your mind buddy!

[@nathanr.494]

i would either sell it for a raw coin, as to preserve the graded coin and possibly get some money back. i would also break it out, IF I planned to never sell it. It all depends on whether or not you're ok with possibly losing some money on the coin. should you have to sell it anyways down the road. just my thoughts. awesome coin though. good things do come in twos. :)

[@2is1gold]

True. Thanks!

[@jankarlsson8341]

Nice Rockstead

[@craigjones3988]

I guess I'm like a kid with a birthday present in front of me. If grandma bought me a coin in a slab I'd be very disappointed. Just gotta put my hands on it!!!!

[@2is1gold]

Ha! Disappointed until you broke it out! 😄

[@craigjones3988]

@@2is1gold I got another scam not in my reply to you. If there is anything else I can do to help stop this let me know. Yes I have flagged it.

[@vip_supercars3652]

I have the Phoenix vs Dragon in a graded 69 slab. Should I break it out of the slab??

[@2is1gold]

I can’t be trusted with this question. I broke out an Early Release MS-70. 😄

[@CJ-zv1bw]

I would not. Since it is already giving your purchase the confidence of its validation. I just wouldn’t buy them because most of the selling I do is local shops. They don’t seem to give you much more value for having them graded. However with that being said sometimes they will pay just a little bit more for them. We’re talking maybe 2% at most unfortunately. Personally I like bullion best. Popular numismatic are nice to have a grade more for the need to be protected but not like I said something local coin shops will pay much for over any other premium coin outside that numismatic value.

[@swinn848]

Your gold your rules. I have a 5oz MS 70 utah silver coin and I enjoy it being slabbed. I’m the type who encapsulates a 40% silver Canadian though. Knowing full well it’s ridiculous. Just do what you want. Thanks for the video

[@2is1gold]

Cheers!

[@edb3877]

Had to chuckle at the mere thought of a 40% silver coin in a capsule. Heck, I don't even collect 40% silver coins. I have a couple of 40% silver half dollars laying around but I keep forgetting to bring them along with me when I am visiting the LCS.

[@swinn848]

@@edb3877 I know I know lol. I thought it was important as a newbie and never took it out

[@strykerentllc]

The UHR's certainly are pretty to look at. Slabbed coins are for the numismatic collectors. Stackers choose to grown the stack with the added premiums slabbed coins carry. Your choices stem from the duality of man-- bust it open or never touch it. LOL We have to go with keep it in the slab as you have another you can touch to the heart's content. 🤜💥🤛

[@2is1gold]

Have to... for now. 😄

[@andrewmartin3035]

Does anyone know if reddish rust on a gold coin shows it is a counterfeit?

[@2is1gold]

Copper spots / red spots are relatively common. Minuscule iron shavings get embedded in the gold during the minting process and then oxidize. They’re pretty easy to remove.

[@SilverHeist]

I wouldn’t slab a new one myself. Or seek them out on purpose.

[@2is1gold]

I can't imagine getting to a place that I would want to have a coin graded. That would take some serious change. 😄

[@SalivateMetal]

I took the MS70 graded gold eagle that we got for a $150 under spot and traded it for the 2009 UHR Gold eagle complete with the book and packaging for $100 difference.

[@2is1gold]

WHAT?!?!?! Who made that trade with you? 😂

[@SalivateMetal]

@@2is1gold My LCS. Posted a vid on it a week ago

[@2is1gold]

@@SalivateMetal I'll have to go back and watch. That's the deal of the year! Congrats!

[@SalivateMetal]

@@2is1gold Thank you sir: Here's the link kzbin.info/www/bejne/eZvNdparmclrnaM

[@michaelmccoy2847]

Beautiful coin to match the first! I’d also like to get two for each of children, but it may not happen. I once carefully busted out a pre 33 coin. I was a little anxious 🤣 🔨 I think you should go all Leroy Jenkins and break it out! 💥

[@2is1gold]

I think it's only a matter of time. 😅

[@okgroomer1966]

Don't fret. I have mint state pre 33 I've cracked out. I hate slabs, they ruin the hobby for me.

[@2is1gold]

Good to hear there's a club! 😄

[@jaywilkins7383]

Unless it's a older coin . I will not have it graded period. On newer bullion coins I don't think it needed.

[@gossman75]

If it was a 7000 dollar coin while it was inside the slab, then leave it there. But if it only cost 2000 or so, break it out!

[@Stretch1931]

Seems like the cost of grading just lost any premium you would have made. If someone else wanted to waste their money getting it priced, then fine. But it's going to at least give you spot plus minor premium especially a gold eagle. Yeah, the dealer was trying to snazz up the coin and push the value up, or at least falsely give more value than what it actually deserves. I would crack it out too.

[@linnspencer2210]

I bought my first quarter ounce of gold, a Luna III Tiger. I wasn't ready for how small it is! Well damn.

[@lukesmith981]

If I had to keep one gold coin it would be the one in that slab 2009 UHR.

[@hillbillystacker]

I don't like slabs, I've busted out mine myself, I keep everything I buy and I'm not worried about buying slabbed coins. I've only had two slabbed coins and I broke both out. I like being able to handle them and I like all mine to be in tubes or capsules, they take up less space and I just don't like slabs. It may be petty to some but I like handling them and that makes it more enjoyable to me. People stack for different reasons and I guess its just a personal preference.

[@2is1gold]

Yeah, they're a lot more enjoyable to me out of slabs too. Cheers!

[@aaronschen9896]

OMG a real survivor so much nicer than all those heavily circulated UHR eagles :). Grading modern coins is dumb, id break it out just out of principal. Let that eagle soar.

[@2is1gold]

😅

[@cryptonbarton6717]

I love grading modern bullion. It won’t always be modern

[@okgroomer1966]

True, but most of it will never be rare.

[@glenngussoni6161]

If the world goes to shit, gold is gold it will not matter what the grade is.

[@grants169]

$7k for a MS70UHRPL? Gholly, I picked one up a while ago for $3k. Then bought a capsulized one later on for $2100 and bought the wood box with book for $60.

[@2is1gold]

There are a few on eBay listed for more. All they need is one buyer, I guess. It's crazy to me for a coin with a mintage of 115,178. Cheers!

[@freedomdog77]

Stop buying all the good stuff! Now I have to spend 2 hours trying to find a deal, bwaaa.

[@2is1gold]

Ha!

[@SamanthaIreneYTube]

Smoosh it out. Damn slabs are way too big. Would it kill PCGS or NGC to make smaller slabs?

[@2is1gold]

Smaller and better looking!

[@SamanthaIreneYTube]

@@2is1gold they can easily make a micro slab with a QR code, the logo of the grader, and a few basic points of info. That’s what’s so infuriating about slabs. Hell, an oversized coin capsule with that info would do the trick.

[@thomascooper7657]

I would not break the gold double eagle out of its slab!!!!😂😎🤙🏾🙏🏾👏🏾🤣🎆

[@kevinevans8505]

You don't have to apologise to me for wanting to celebrate the beauty of the metal over the beauty of having it in a plastic packet. Putting something nice in an ugly packet ... ugh ! The people who should be condemned by forcing you to make such a choice.

[@2is1gold]

🤜🤛

[@jeremiah1059]

Premiums are high enough already on gold eagle's right now. I'm not going to pay triple or even more for graded bullion. I also like the tangible-ness of raw coins to much to not be able to handle it when I want to....probably another joke there somewhere for teenagers.

[@2is1gold]

Ha!

[@num1cheechwizard]

Mark Twain never did give up smoking I hear.

[@2is1gold]

If I understand correctly, it was hard to convince him of popular ideas. 😄

[@numismaticmaster8612]

I just don't get why people pay more for a slabbed coin just to crack it. It's your money, so do as you wish, but you often time pay more for it, and you just lost that premium that you paid for it. You're actively losing money. At that point, just buy a raw one. Even if I found it for cheaper than a raw, I wouldn't crack, because if push comes to shove, I can get more for that coin that I paid. It's easy money in that case. That's just my take though. Also, when you crack it, even if you keep the label, the grade on that label is automatically not valid. It's not backed by NGC or PCGS anymore.