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<p>[QUOTE=&quot;Lehigh96, post: 1371646, member: 15309&quot;]Chris,</p><p><br /></p><p>Stop it!&nbsp; You have been collecting coins for decades sir.&nbsp; Do you really expect me to believe that you don&#039;t know that CAMEO coins routinely drive premium prices that will often reach or surpass the price level of the next highest grade?&nbsp; </p><p><br /></p><p>The problem with your example is that it deals with an ultra rare issue.&nbsp; So rare in fact, that it isn&#039;t even included in the registry sets.&nbsp; There were only a few dozen 1893-CC Proof Morgans minted and the extant number is unknown.&nbsp; Here is what I do know.&nbsp; Collectors of proof coins covet CAMEO designations, especially on issues where the CAMEO coins are scarce in comparison to the total population.&nbsp; In this case, every coin is rare but it can&#039;t be disputed that the CAMEO coins are even more rare.&nbsp; I don&#039;t have access to the PCGS population reports but the NGC totals are 7 graded without CAMEO and only 2 with CAMEO.&nbsp; So in answer to your question, the CAMEO designation is the reason why the PR64 outperformed the PR65.[/QUOTE]</p><p><br /></p>

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