My 1926D Pcgs ms 64 quarter didn’t pass CAC

Discussion in 'US Coins Forum' started by Robert Palatin, Sep 3, 2021.

  1. Robert Palatin

    Robert Palatin New Member

    E7DAAD47-7FF4-4B8D-B89A-B64AD9875866.png I was told by mr John Albenese that my quarter has high point friction on the knee/leg of my coin but I have trouble identifying it. Can my fellow collectors please help. Otherwise coin is mark free with amazing luster and eye appeal.
    762A5E99-4891-43EA-829B-B2FA512956F2.png
     
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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Hmm. Rather enjoyable coin to look at . I'm surprised it didn't get a MS-65 ? I'm old fashioned . What does a coin have to do to get a darn CAC sticker ? What's the "Hoopla" about these stickers guys/ gals anyway? I just am concerned about the PCGS or other TPG's grade, that's all . Maybe I need some schooling on these labels ?
     
  4. lordmarcovan

    lordmarcovan 48-year collector Moderator

    No green bean? Eh, so what. It's still a lovely MS SLQ.

    @SensibleSal66 - to get a CAC sticker, a coin needs to be considered high-end for the assigned grade, by CAC. If they consider it to be, they give it a green sticker (the "green bean"). If they actually consider it undergraded by at least one full grade, they give it the coveted gold sticker.

    What's the hoopla? I think you've nailed it there. It's hoopla.

    Well, mostly. ;)

    It's someone grading the graders, is all. Yet another opinion.

    Mind you, I'm not suggesting CAC isn't a professional outfit- it is- and is very well respected in the marketplace. And it does matter for something, when one is dealing with the high-end, deep-pockets stuff.

    For the stuff that mortals like you and I collect, I don't personally think it makes all that much difference. I've owned two or three CAC coins that I bought with the stickers on them, but have never submitted any of my others to them.

    The folks who insist upon having stickers on their slabs? More power to 'em. To me, though, those little green bean stickers are nice to have, but not all that important. (Not so much that I'd pay extra money for them, in other words.)

    Just my humble opinion. If I collected Mint State Flowing Hair coinage, I might have an entirely different opinion.
     
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  5. C-B-D

    C-B-D Well-Known Member

    I quit sending Standing Quarters to CAC for the same reason as you. Most of mine failed as well for the same stated reason. Didn’t matter how booming the luster was or how outstanding the strike or eye appeal. He told me the same thing. It helped me in the sense that when I buy them I look at the leg first and foremost. But I know in the back of my head that there’s no point sending 90% of them to CAC, because of that darn leg. PCGS and NGC do not use that as the primary grading criteria, but JA does, so there’s the divide.
     
    Last edited: Sep 3, 2021
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  6. johnmilton

    johnmilton Well-Known Member

    I have seen many Standing Liberty Quarters that had a rub on the knee or a clatter on the shin that got Mint State grades. I have avoided such pieces. When I was a young collector, I learned that such problems were “no problem” when you were buying them, but the reason for low ball offers or passes when you were selling.
     
  7. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Well, then I suppose this demonstrates the value of CAC’s second opinion, after all, and my glib skepticism above stands corrected.
     
  8. Jerms

    Jerms Member

    It's a very nice example regardless of what CAC thinks. They are no Supreme Court of determining coin quality. It's just a subjective person evaluating another subjective person's opinion about a coin.
     
  9. ksparrow

    ksparrow Coin Hoarder Supporter

    The OP mentioned having trouble spotting the rubbed areas; I like to hold the coin level under an incandescent, LED or xenon light, then tilt the slab to the side; the gray rubbed areas usually show up quickly.
     
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