Lenient gold grading standards . . .

Discussion in 'US Coins Forum' started by ToughCOINS, Jul 23, 2018.

  1. hchcoin

    hchcoin Active Member

    Where do you see rub?
     
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  3. hchcoin

    hchcoin Active Member

    And this is why CAC is so popular especially in the deep end of the pool.
     
  4. EyeAppealingCoins

    EyeAppealingCoins Well-Known Member

    The way it reflects light at some angles on the hair around the crown made it looked like friction to me.
     
  5. EyeAppealingCoins

    EyeAppealingCoins Well-Known Member

    You don't need to regrade them for CAC to take a fresh look. I've had coins to fail that restickered upon resubmission in the same holder.
     
  6. C-B-D

    C-B-D Well-Known Member

    Yeah that's what their website says, but then even if true, what does that tell you about their consistency?
     
  7. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    CAC is paralysis by excessive analysis. Do they boost prices, almost as if they were an extra half grade? Sure, but I refuse to take ownership of coin buyers' fetishes. Nuts is nuts, even when it works.
     
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  8. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    all things considered they're pretty consistent in my experience (every coin I've sent twice failed and the reason was identical each time talking to John after which may be the single biggest benefit of CAC...what a service). Of course there are going to be a percentage of coins that are borderline that may miss one day and make the next. To expect otherwise is crazy with how much subjectivity there is.

    The better judge of CAC for myself is how many dogs have you seen with stickers on them? I've seen two blatant ones so far and that's it out of who knows how many thousands I've held. Coins that make it on a second submission are never going to be dogs because if they were they probably wouldn't be submitted once let alone twice.

    But I buy mostly from pictures, I can understand those buying in person not being a fan.
     
  9. hchcoin

    hchcoin Active Member

    CAC is just identifying coins that are high end for the grade in my opinion. It also prevents people from making mistakes who can't identify certain problems such as putty on a gold coin that was not caught when it was graded but has now turned.

    I felt just like you when it first started but have changed my opinion over the years as I have seen the market evolve.
     
  10. C-B-D

    C-B-D Well-Known Member

    I've sent 1 CAC order in the past year. 8 coins. 3 of which I figured were gold CAC. I got 4 green stickers and 4 fails. After shipping and fees, that meant I paid $40 for each green sticker I got. It's a racket, unless you're a collector member.
     
  11. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Okay, sure, but that can apply to several services.
     
  12. Santinidollar

    Santinidollar Supporter! Supporter

    CAC’s OK in my book as long as I remember it’s a tool in my collecting toolbox and not some end-all, be-all.
     
    C-B-D likes this.
  13. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    What IS a be-all and end-all tool? The one you pick up to crack slabs, baby!
     
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  14. GDJMSP

    GDJMSP Numismatist Moderator

    That's just it, gold isn't soft, it's actually quite hard and wears very well as those pics attest. But I do understand your comment because a lot of folks, maybe even most of them, think it is soft. It's only soft as compared to some other metals. But lemme give you an example of what I mean.

    We've all seen in the movies where people would bite a gold coin to make sure it's real - right ? Well, do you know what they are trying to find out when they bite the coin ? A lot of folks assume they are biting it to make sure it is soft - because they "think" gold is soft. But that isn't why they used to bite the coins - they would bite them to make sure they were hard ! If they bit the coin and found it soft, THEN they would know it was a fake. If it was hard, all was good !
     
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  15. Santinidollar

    Santinidollar Supporter! Supporter

    I suppose that breaking off a tooth means PQ.
     
  16. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    [​IMG]

    "Talk to me, Goose."
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    OK, get a gold coin, bite it as hard as you can, try and leave teeth marks in it. You'll find out how soft it is ;)
     
  18. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I have and I can.
     
  19. GDJMSP

    GDJMSP Numismatist Moderator

    Yeah, I have too. Now try it with silver and copper. You'll find you get the same results.
     
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Seems to me that "teeth" may be individual-dependent to some extent. Fingernails too.
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    My point is quite simple Kurt, gold is not as soft as people think it is, as a coinage metal, gold wears quite well.
     
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