I wouldn't convert it into a pendant unless you don't mind it tarnishing. Otherwise, I'd keep it in the capsule and enjoy it and convert another coin into a pendant. I used to have a 1oz coin on a pendant but got tired of polishing it to remove the tarnish.
The collectibles I stack because as they appreciate in value, I can sell them and convert the profit to gold. For emergencies, I have my regular bullion I can liquidate in a hurry.
That is true. It would tarnish. I just wasn't sure if it would get tedious having it around my neck lol. But I could buy another one, to hold as a collectable. I mean yeah I'd lose the collectable value but I thought it would be fun. Mainly cause you don't see many monsters inc. Unwise, probably but just a silly thought.
If you have a second one to keep nice, then go for it. You get used to the weight over time.