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<p>[QUOTE="johnmilton, post: 26405886, member: 101855"]I'm sorry, but that project sounds like one big headache to me. I usually chase after coins because of their historical significance. Grade is only part of the equation. I don't like really low grade stuff, and I tend to stay away from ultra high grades because of the added expense. Stars and pluses don't do much for me.</p><p><br /></p><p>With all due respect, I don't care for the 1881-S dollar in MS-67+*. I don't see any aspect of that grade on that coin. It has too many marks on the cheek for the MS-67 grade in my opinion, which makes the + and * irrelevant. The 1881-S dollar is also very common in high grade. Many of them are P-L or close to it.</p><p><br /></p><p>It’s a like the only coin I’ve ever owned with the gold CAC sticker. I bought it because it was a hard to find, historic coin, not because of the sticker. I viewed it as a mistake purchase soon after I bought it.</p><p><br /></p><p>PCGS had graded it EF-40. CAC gave it a gold sticker, which it did not deserve. The coin was sharper than EF, but it had been brushed and there were hairlines. PCGS got it right; CAC got it wrong. I sold it to a dealer for a profit.</p><p><br /></p><p>I’m sure he paid the money because of the fancy sticker which seems to send some collectors into irrational convulsions. Let’s say CAC puts a gold sticker on an MS-64 graded coin. That means they probably think that it’s an MS-65. I’ve seen collectors pay MS-66, or higher, money for the coin, because of the gold CAC sticker, when it clearly is not an MS-66. That is irrational.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 26405886, member: 101855"]I'm sorry, but that project sounds like one big headache to me. I usually chase after coins because of their historical significance. Grade is only part of the equation. I don't like really low grade stuff, and I tend to stay away from ultra high grades because of the added expense. Stars and pluses don't do much for me. With all due respect, I don't care for the 1881-S dollar in MS-67+*. I don't see any aspect of that grade on that coin. It has too many marks on the cheek for the MS-67 grade in my opinion, which makes the + and * irrelevant. The 1881-S dollar is also very common in high grade. Many of them are P-L or close to it. It’s a like the only coin I’ve ever owned with the gold CAC sticker. I bought it because it was a hard to find, historic coin, not because of the sticker. I viewed it as a mistake purchase soon after I bought it. PCGS had graded it EF-40. CAC gave it a gold sticker, which it did not deserve. The coin was sharper than EF, but it had been brushed and there were hairlines. PCGS got it right; CAC got it wrong. I sold it to a dealer for a profit. I’m sure he paid the money because of the fancy sticker which seems to send some collectors into irrational convulsions. Let’s say CAC puts a gold sticker on an MS-64 graded coin. That means they probably think that it’s an MS-65. I’ve seen collectors pay MS-66, or higher, money for the coin, because of the gold CAC sticker, when it clearly is not an MS-66. That is irrational.[/QUOTE]
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