To CAC or not to CAC - official game thread

Discussion in 'Coin Chat' started by ddddd, Feb 22, 2020.

  1. Kevin Mader

    Kevin Mader Fellow Coin Enthusiast

    Interesting coin...but I'm not experienced with the design to make a firm commitment. I agree that there are a few distracting anomalies with the coin, but on a circulated specimen, certainly not unheard of. On the obverse alone, I think it makes the grade and gets a green CAC. But factoring in the reverse, I think the grade made was a squeaker and not worthy of the CAC label. I'm here to learn though, so we will see.
     
    Derek2200 likes this.
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  3. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    Alright, time for the reveal. CAC gave this a bean - but I absolutely disagree. In terms of wear alone, the coin is a superb AU-50, probably more like 53.

    However, the coin has problems. The reverse has a big glob of material stuck on it at 7 o'clock. Even more problematic, all of the brown stuff on the reverse is actually dirt or something. It is thick, and encrusts much of the reverse. No way should that get a CAC! I'm ok with a little bit of dirt, but this is extreme.

    Who's next?

    519-13-t2.gif 519-13-r.jpg
     
    Mainebill, Jayyk38, Derek2200 and 3 others like this.
  4. ddddd

    ddddd Member

    Summary

    Rd. 1: 1921 MS 65 Green CAC Morgan--> Yes: 4 vs No: 3

    Rd. 2: 1835 AU 50 Green CAC 50c--> Yes: 2 vs No: 8


    Green CAC on coin and deserves it: 1
    Green CAC on coin and doesn't deserve it: 1
    Gold CAC on coin and deserves it:
    Gold CAC on coin but should only be Green:
    Gold CAC on coin but should not sticker:
    Failed to sticker but deserves a sticker:
    Failed to sticker and should not sticker:
    Unknown sticker status and deserves a sticker:
    Unknown sticker status and does not deserve a sticker:
     
  5. ddddd

    ddddd Member

    I had a feeling that one had a CAC (even though I disagreed with it). It’s definitely a good example and one that makes you wonder what they saw to sticker it?

    @green18 you are up
    @Randy Abercrombie you are next
    @Jayyk38 is third
     
    CircCam and Derek2200 like this.
  6. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    I'm up.

    This one is part of a date set that I bought a few years ago. NGC '65. Did she 'green' or did she 'gold' or did she 'bean' at all?

    DSC_2848.JPG DSC_2849.JPG
     
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  7. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I believe MS65 is the correct grade and I say she got a green sticker.
     
  8. Two Dogs

    Two Dogs Active Member

    Interesting idea for a thread. My two cents is: I use PCGS, NGC or ANACS' grade opinion to tell me what they see regarding the wear and/or hits to the coin (they allow for cleaning up to MS65). Then if a coin has CAC approval, it tells me more about the originality of the surfaces in addition to a confirmation of the TPGer's opinion. I then use my own eyes for confirmation and for making an opinion on the eye appeal of the coin. There are a lot of things that CAC let's slide that I don't like such as fingerprints. Didn't mean to rain on the parade for those having fun with this thread, but I don't feel that I can give an opinion based on a couple photos.
     
    wxcoin likes this.
  9. wxcoin

    wxcoin Getting no respect for 64 years

    Nice coin and wouldn't be surprised if it got a bean. The question is whether it got a green or gold bean. To me it could grade a solid MS66 so I'd have to lean towards a gold bean.
     
    kazuma78 and Randy Abercrombie like this.
  10. Publius2

    Publius2 Well-Known Member

    I think the 1939 Oregon Trail got the green bean.
     
  11. messydesk

    messydesk Well-Known Member

    Green bean on the 39-S Oregon Trail.
     
    Randy Abercrombie likes this.
  12. ddddd

    ddddd Member

    It looks like an “A” coin for the 65 grade (I see no major hits or anything distracting).

    So yes for a Green CAC
     
    Randy Abercrombie likes this.
  13. Derek2200

    Derek2200 Active Member

    Looks like A coin. A nice 65 - should get bean.
     
    Randy Abercrombie likes this.
  14. johnmilton

    johnmilton Well-Known Member

    I would say the the Oregon Trail got a green sticker. A couple of marks keep it out of the gold category.

    Here's one. NGC graded this 1838-P Classic Head $5 AU-58. What do you think?

    1838 half eagle ME2 O.jpg 1838 half eagle ME2 R.jpg

    Here is a different view of the same coin, which is bit closer to it actual appearance.

    1838 Half Eagle O.jpg 1838 Half Eagle R.jpg
     
    slackaction1 and GoldFinger1969 like this.
  15. chascat

    chascat Well-Known Member

    Yes it would, but I have a simple question about...Why doesn't CAC just assign a grade without the involvement of another grading service?
     
  16. johnmilton

    johnmilton Well-Known Member


    The founder knew that a new grading service would not be economically viable, even with him running it. Others, like ICG and ANACS tried and actually made a good faith effort before they had to say that breaking the hold that PCGS and to lesser extent NGC have on the U.S. coin grading market is unbreakable.

    The CAC founder was able to leverage his reputation into a viable grading service. At the same time he was able to set up a situation where he and his dealer compatriots could buy coins sight-unseen with great confidence.
     
    GoldFinger1969 likes this.
  17. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Results of bean status up tomorrow.
     
    Randy Abercrombie likes this.
  18. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    Yes to the bean on the Oregon Trail. Absolutely fantastic coin, and solid for a 66. I don't think it got the gold, but it absolutely deserves a bean.

    No to the bean on the Classic Head half eagle that jumped the line. Those hairlines worry me - I wouldn't expect that many hairlines on a 58, although the wear looks right for the grade.
     
  19. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I been on the fence on the half eagle. After reading @physics-fan3.14 reply I believe he zeroed in on what I was searching for. I get romantic over early gold and I want to see it have the sticker and have vacillated twice now with my answer...... I am going to say yes. I do believe it is a solid 58 and deserves the bean.
     
  20. longshot

    longshot Enthusiast Supporter

    Nice 65 on the Oregon Trail.
    Yes to a green sticker.
     
  21. messydesk

    messydesk Well-Known Member

    No bean on the 1838 $5. While it's a nice coin that I'd want, it looks a little too tired for a 58.
     
    Dynoking likes this.
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