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1783 "El Cazador" Shipwreck Piece of Eight
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<p>[QUOTE="Shangas, post: 395375, member: 360"]Yes I did that when took it out to photograph it. But it's interesting that you say that about slabbed coins. I was showing it to a few coin dealers I know, and they all said that slabbed coins are a frustration. I asked them why, and they said, in effect: </p><p><br /></p><p>A slabbed coin is 'inaccessible'. Collectors can't put them in their albums, or boxes or cases that they might have for their collections. They can't handle them in the way that they might like, and this makes them undesirable. Because of that, according to one dealer I spoke to - it's common for people to just smash them open and just take the coins out anyway. I suspect that's what the guy I bought it from was trying to do, but I dunno. All he told me was that he dropped it and stepped on it. </p><p><br /></p><p>I have checked the coin extensively and yes, I do believe it is real. I've kept the frame that holds the coin, so that I can retain the serial number and the provenance of the shipwreck - I have also screenshotted and photographed it and the various websites many times to keep that as well, just in case. Although that said, it is highly unlikely that I would ever sell this.[/QUOTE]</p><p><br /></p>
[QUOTE="Shangas, post: 395375, member: 360"]Yes I did that when took it out to photograph it. But it's interesting that you say that about slabbed coins. I was showing it to a few coin dealers I know, and they all said that slabbed coins are a frustration. I asked them why, and they said, in effect: A slabbed coin is 'inaccessible'. Collectors can't put them in their albums, or boxes or cases that they might have for their collections. They can't handle them in the way that they might like, and this makes them undesirable. Because of that, according to one dealer I spoke to - it's common for people to just smash them open and just take the coins out anyway. I suspect that's what the guy I bought it from was trying to do, but I dunno. All he told me was that he dropped it and stepped on it. I have checked the coin extensively and yes, I do believe it is real. I've kept the frame that holds the coin, so that I can retain the serial number and the provenance of the shipwreck - I have also screenshotted and photographed it and the various websites many times to keep that as well, just in case. Although that said, it is highly unlikely that I would ever sell this.[/QUOTE]
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