Hi everyone, new here. I am not a coin collector, but have a few interesting coins that I am trying to define. One that is giving me trouble is an 1889 5 cent piece. On the PCGS page it shows three different numbers. How do I tell which one this coin is of those three? 3760 (No "Desig" listed) 83760 ("Desig" CA) 93760 ("Desig" DC) What does "Desig" stand for? ( I am guessing Design or Designer?) How do you tell the difference between those three? Thannks a bunch in advance for any help.
Howdy Barney - Welcome to the Forum !! Desig stands for designation. In the case you mention CA stands for Cameo and DC stands for Deep Cameo. The No desig means that the coin is neither CA nor DC. These designations are only used for Proof coins. Your coin is not a Proof, it is a regular, or business strike coin. The correct PCGS number for your coin is 3850.
Thanks for the welcome and the information. I wanted to add some more to my post --after-- I posted, it but it wouldn't let me. This coin is labeled as proof coin and is in a slab from NGC. There are some numbers on there in addition to PF 66, which as I understand it is a Proof coin with a 66 grading? When trying to match the NGC grading to the list from PCGS, how do you tell if it is a 83760 CA or a 93760 DC or the 3760 with no designation? I am guessing from the price paid for this coin by the original buyer ($6000) it is a 93760 DC but have no idea how to tell. Do they indicate the designation anywhere on the grading label from NGC?
If NGC graded the coin, then the label should state either Cameo or Ultra Cameo (NGC uses Ultra and PCGS uses Deep both to mean the same).
The other numbers (usually just above the barcode) are the seriel number for that particular slab and then after the hyphen is the number of that particular submission. (often the serial number on the submission form used. If you use a downlaoded form or a photocopy so that it has a number that has already been used, NGC will assign a new number to the submission.) For example if you send in twenty coins for grading and they all get slabbed your slab number will end with -001 through -020. If you send more than 999 coins at one time, another submission number will be assigned and the numbers will then start over at -001 again.
Thanks all for the info. These were slabbed in about 1980. Did they use the same labels back then when referring to the designation? Just trying to figure out why this coin sold for $6000 if it is just a regular proof.
It could be the buyer just wanted it that bad for his collection. But knowing a little about human nature they probably unknowingly got ripped off. One fact to consider is the fact the coins graded PF66 not to mention Cameo. Which would make it rather rare in some sense, because the most Vicktory's/Liberty head/Rackiter go no high of a grade then PF63 on an average grading scale. Can you show us pictures of the whole coin and its slab. At least id like to see it. Also somthing else to consider is the fact it was slabbed in the early 80s. In the early 80s there was a pretty big BOOM on US COINS in the US coin market. That right there is a BIG factor. Do you know when it was bought at that price? Natesdad
Barney - The picture you posted sure doesn't look like a Proof coin, but that may be due to the pics. But NGC didn't even exist until 1987 - and about the highest price I can find for a coin slabbed by NGC as PF66 is less than $750. So I'm having a hard time understanding this price of $6000 you mention. Can you post a pic of the entire slab and perhaps explain where you are getting this info ? That might help us help you.
Again, thanks for your input. I also have another PCGS # 3881, 5 cent piece, PCGS graded 1883 PR 64. The two coins look very similar to each other, so I guess this is just a standard proof coin. 1987-89 would be more precise on when this coin was purchased anyway. I was just going from memory with the 1980 date. I think the seller who sold it to the person I got it from, represented it as extremely rare, which I guess it really isn't and/or wasn't. I tend to think that the buyer was taken advantage of on this coin. Am I safe to say then that this a PCGS #3760? The PCGS web site shows a 3760 with what I presume is a high retail value of $900. Is there some way to find out what its retail value was in 1987-1989, and what would one expect to get from this coin selling it to a collector vs. a dealer?
Well there was a market boom back in the 80's and coin prices went to the sky---then they crashed and so on---don't go by what PCGS price guide says---go to Heritage or somewhere and find listings of ended auctions for the same coin and you will find a good value. I hope the guy that had these coins didn't sell them to you at the same price he paid....while it isn't really rare there is only a mintage of 6,783-- I wasn't collecting back in the 80's but some of these guys were so maybe they can give you an idea on what kindof priceing might have been used for this coin back then. Speedy
Yeah, check auction records. The oldest I can find right off go back to '93, at the time the price was about the same as it is today to a bit higher. Prices ranged from $750 - $900.
Doug ,I just thought they would put ngc or pcgs on the old labels so you would know what company graded them.
They did, but it was on the backside of the slab. The company name did not appear on the front of the slabs until 2001. I should clarify and say that was for NGC.
If you would like to see most of the different variations in the NGC from 1987 to 2004 go to NGC slab generations If you want to see the PCGS slabs PCGS slab generations
Thanks everyone for the help on this coin. Am I safe to say that this coin would be a PCGS # 3760 ? ------------------------------- I am also not finding anything on the PCGS graded coin labeled: 1883 5 Cent with Cents, PR64 PCGS 3881. I found the 3880. What is the difference between the -80 and the -81? -------------------------------- I plan on selling these two plus a few others. Is Heritage the place to go or maybe ebay?
Well if you really want my thoughts the PCGS number means nothing---no dealer goes by what PCGS says in their price guide and they will look at your coins as what they are--- You can contact Heritage but remember they you will pay them a nice price for selling them---you might try ebay or even just a dealer near you.... Speedy