Thread for people who like CAC coins--post some!

I just think he's cheating.

69 to 70 is not so bad, (just look for a tiny blemish). Much harder, (at least to me), would be 68 to 69, or 67 to 68.

With such levels of perfection things change. The normal course of events is one coin has a few marks on the prime focal and light toning, another has many marks but not on the cheek, what are these two very different coins graded? Both 63? Maybe, but they do not look a thing like each other. That is where "uniqueness" comes into play, and makes coins hard to come up with detail point grades consistently.

 

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TPG graders use nothing but their eyesight to grade, even to a 70, so I don't find it surprising that most people could do the same. There are far more than a handful of people who have the ability to differentiate between higher grade coins. The graders hired by the TPG's have no special powers that any one of us couldn't acquire with practice. They don't graduate college with a degree in grading, nor are there any industry apprenticeship standards to determine qualifications. True, they may be people who have looked at tens of thousands of coins before becoming graders, but then, chances are, we've done the same.

Thats in no way in disregard to their skills. It's to show that these graders aren't gods. Their people like anyone here who just happen to have a job looking at coins for a living.
Guy

 

I agree.

On modern gold its easy to spot a 69. Usually it's a small frost break or a rim ding, mostly frost breaks in my dealings.
I've had good luck on gold submissions....probably 70%. Not so good on silver so I don't fool with having them graded.
I use a 12X first, if it looks good I go over it with a 16X (coin in capsule). If it looks 70ish off it goes.

64.9 - 65.1.....ain't no way..........it would be guess.

 

I thought TPG used a 5X.


Back to CAC coins....got this one with some help from Ebay bucks. Not much...but it is a large diameter quarter. Only 13 graded MS60 or higher by PCGS.

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Nice coin. Any capped bust quarter without major problems is a tough coin. Its hard for people nowadays to understand that the quarter was not a popular denomination until the latter portion of the 20th century. Every single series of quarters except the Washington has a MAJOR stopper or two in it.

 

A few years ago the Gugenheim did an Armani exhibit. I do not remember any CAC stickers though.

Mandy

 

Anybody ever notice how rare gold stickered ones are?

 

They do, and they're only looking at both sides for a short time as well

 

Doug, I certainly understand your expertise and respect it. This was no intent to undermine your agility--in fact, as a 40 year collector, it it a sign of respect, as you obviously have eagle eyes. Is that a fantastic trait to have for the hobby? For sure, especially if one deals in raw coins, ungraded lots, etc. I'd call myself, despite my years of experience, an "average" grader. Could I spot the difference between a 64 and 65? Most of the time, but I have been wrong, particularly in the "guess the grade" threads, as I have been looking at pictures of coins, as opposed to the coin in hand. In my opinion, and I don't know how many people share it, the mint has gotten so good with modern proofs, that it is hard to catch the one tiny flaw that turns a seemingly 70 into a 69. If I were doing that all day long, perhaps I would have better luck with that, but being honest, I don't find that easy to do. With MS coins as opposed to Proof issues, it is a little bit easier, as they aren't screaming with cameo, reflectivity and contrast to be able to see microscopic flaws. Still, I do think you are right in terms of the "one grade" difference--is it easy for ANY collector to spot a one increment difference in grade? No it isn't, and for that reason, I am happy to have TPGs as my shotgun rider in the stagecoach. You did make a key point about requisite experience, but then again, I have been doing this for 40 years, and perhaps have become over-reliant on a third party to make the ultimate decision for me. Is this bad or good for the hobby? That is a hard question to answer.

 

Doug, I would agree with absolutely everything you say in your above response to me, except for one thing. The TPGs are the "FINAL WORD" in terms of coin marketability, other than the consumer/dealer interaction. They do a huge amount to set a price for grade by establishing a grading standard that is less subjective than it was prior to their existence, IMHO. Does this change the true appearance of any one coin? No, but it does set financial parameters, and if one wants to be in the market and be a buyer, ya gotta "belly up to the bar" and pay the price, or not buy the coin. The ungraded market is obviously an alternative, but as many have said before, a far more volatile market. Just one experienced collector's opinion, and far from gospel.

 

It shows you how rare undergraded coins are, huh? There are thousands of people who constantly peruse stock to try to buy them to resubmit.

No one does this for overgraded slabs, so what do you think THAT population has become?

 

Nice! Lots play the crack and re-slab game, but I read CAC has holdered only a small number of coins with the gold "bean"! I would pay
big attention to them as potential resubmitters.

 

From what I see, they are already priced that way.

 

CAC doesn't holder coins. They award either a green or gold sticker to the existing TPG holder.

 

I have only ever owned one coin with a gold sticker.

 

NICE!!!!!:thumb:

 

With all due respect, that coin looks like a 64 with a great strike. Unless they think it is proof?

Mandy