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<p>[QUOTE="johnmilton, post: 3388482, member: 101855"]Not true. Over the last eight or nine years, I have taken a strong interest in U.S. gold from 1795 to 1839. I put together a type set, and I completed a set of the $2.50 and $5.00 Classic Head gold pieces. One of the last coins I needed for Classic gold sets was an 1838 $2.50.</p><p><br /></p><p>A dealer offered me one in a PCGS MS-63 CAC holder. The jump from MS-63 to 62 doubles the price. On top of that, the dealer added a couple thousand for the CAC sticker. It’s the kind of thing that CAC should catch if the coin is over graded. In this case the coin had rubs in the fields on both sides and was way short of MS-63. I have photos to prove this, and I examined the coin in person to confirm this.</p><p><br /></p><p>My point is you have look at the coin yourself, and you are not sure of your grading skills, you need a trusted expert to look at it. A great many CAC approved coins are okay, but not all of them. CAC has marketing aspect to it also. You can’t blindly accept the green sticker.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3388482, member: 101855"]Not true. Over the last eight or nine years, I have taken a strong interest in U.S. gold from 1795 to 1839. I put together a type set, and I completed a set of the $2.50 and $5.00 Classic Head gold pieces. One of the last coins I needed for Classic gold sets was an 1838 $2.50. A dealer offered me one in a PCGS MS-63 CAC holder. The jump from MS-63 to 62 doubles the price. On top of that, the dealer added a couple thousand for the CAC sticker. It’s the kind of thing that CAC should catch if the coin is over graded. In this case the coin had rubs in the fields on both sides and was way short of MS-63. I have photos to prove this, and I examined the coin in person to confirm this. My point is you have look at the coin yourself, and you are not sure of your grading skills, you need a trusted expert to look at it. A great many CAC approved coins are okay, but not all of them. CAC has marketing aspect to it also. You can’t blindly accept the green sticker.[/QUOTE]
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