Over the last year or so I have seen three early coins (2 draped bust and 1 flowing hair) coins with fresh staple scratches that were cac approved. I have also seen coins with rim dings and black spots with stickers. These were not severe cases but non the less. I guess early coins get a lot of slack. I would be interested in other people thoughts.
My thoughts..... I would like a link to these so called damaged in my opinion, coins. I can't believe this. Especially with scratches and rim dings. Just my opinion .
I've seen them at shows over the last year or so, so I don't have pics of them. Like I said they were not severe but they were there plain at day.
CAC might approve of them but I don’t. That scratch is a turn-off to me regardless of who puts their approval on it.
I believe you'll find that a "green CAC bean" only indicates that the coin is opinioned to be at least average for the grade condition of that TPG. My searching for CACed coins that meet the 1977 published A.N.A. standards, leads me to believe the many coins are actually currently TPG graded, with a faked "Bean". Many "GEM" coins are grossly "bag marked/rubbed". I challenged one relatively scarce date MS65 Double Eagle, and placed a buy order. The seller rejected my order, blocking me from buying any of her coins, and removed the coin. It's often difficult in todays' market to get a purchased coin from a seller who states that Paypal has held their funds inaccessible for a multiple month period. It's stated neither the coin nor funds can be returned. It's believed only a fraud action may eventually accomplish recovery. I was a victim of a past Paypal fraud action, and never obtained access/recovery. I believe you'll determine there aren't firm established A.N.A. standards for scratches.
Forget CAC, why are these coins straight graded and not in “details slabs?” Of course, early Bust coins do get some slack from the graders as you mentioned earlier. Here is my 1805 Draped Bust quarter graded AG03 by PCGS. Granted, it doesn’t have a CAC sticker. But the noticeable hairline scratches on my coin would’ve garnered an “improperly cleaned” designation for a later type quarter (Seated Liberty, Barber, Standing Liberty).
