Sending out a CAC submission - nothing real valuable.

CAC takes into consideration designators such as CAM, DCAM, PL, DMPL, DPL, FB, FBL, FT, FH, RD, RB and BN. If they don't believe the coin makes the designation, they won't bean it. If the coin is not marked with a designator, but does in fact qualify, but is still weak for the grade, they still won't bean. If the coin is solid for the grade, yet is not designated for a qualifying designator, it will only green bean and won't gold for the lack of a qualifier. It's simply a consideration that the coin has to meet what the label designates.

 

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Thanks for sharing that!

 

I remember when we had an active member here named Westin. He had this incredible Liberty V Nickel in a rattler that was graded like 64 CAM, I think. It also had a gold CAC! Honestly, many folks here, including myself, thought it could make DCAM, and it would have been either the lone DCAM or one of maybe 2 total pop. Anyway, he sent that sucker in for reconsideration a few times, then cracked it and sent it in God knows how many times. It never got the DCAM that I am aware, and it got grades all over the place... but the rattler gold CAC combo is long gone, and I'm afraid he buried himself in it.

 

Sometimes it's just best to leave a coin in an old holder and let the "What if's" drive the selling price. I would have never cracked that coin out of a rattler. Especially since PCGS did not offer the CAM or DCAM designation on classic proof coinage until much later on. He would have made a killing had he consigned it on Great Collections. There are buyers out there who will pay out the nose for a gold CAC rattler. Just look at that 1913 T1 Buffalo in a 65 gold CAC rattler that sold a few months back.

 

Pull your finger away from the surface of the plastic while looking at it at an angle. This will separate the reflections on the plastic and the coin.

 

This is precisely what I do. Angling the plastic away from you is your best bet.

 

Cool! Thanks.

 

I love the 1834 Capped Bust half, and it should sticker easily. I predict a green sticker despite being super PQ. The 1902 IHC is dead on arrival IMHO. The color does not look market acceptable to me. It has the "MS70" chemical look. Yes, I've read Rick Snow's rooster thread on the CU forums - the rooster might like it but CAC won't.

 

GC is hit or miss. Yes there have been major scores, but I have seen more than enough misses and outright fire sale prices realized from there to know that I would never have consigned Weston's nickel to them. There is a reason that many dealers and Internet flippers shop there.

 

Unfortunately with the Liberty Head nickel market, he might have been buried in it even if he paid a fair price originally. Many of the issues have taken huge hair cuts over the last couple of years. Grade inflation hit this series hard, and the market caught on quickly.

 

I totally agree with this statement! I've have regrets over a few coins I've cracked out....and the probability of me doing so again is slim to none ,unless the slab is damaged and could impair the coin.
Your eye is your best bet use it....no matter what's on the slab.
You knowlege of coins is what you use to teach or argue a point to another
Over the correct condition of said specimen.
If you'r selling it matters not what the new owner does as it is theirs to with as they wish....

@C-B-D I remember Weston I purchased a few coins from him....what ever happen to him he had a good eye for coins,

 

Results are in. 5 out of 7. No golds, but I can't complain.

 

Not surprised by the 1902. The purple/red/blue this coin shows looks an awful lot like MS-70 treatment, and JA will not sticker one of those.

 

If you know what you are looking for, PL is pretty obvious whether it is in plastic or not. Depending on the date, there are plenty of borderline PL Morgans that maybe shouldn't have been designated.