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 Replies: 24 / Views: 8,186 |
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Pillar of the Community
United States
655 Posts |
For what it's worth, I'd say CGA is the 3rd TPG for currency. I would use them if I wanted to authenticate an error or to know if a bill were genuine. They are very reasonable in their fee schedule and don't require club membership- not unlike Anacs in the world of coins. |
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Bedrock of the Community
United States
94367 Posts |
That's a very good analogy. I have dozens of CGA notes bought after careful examination at very favorable prices, even after discounting for numerical grades that often - not always! - run about a point higher than the Big 2. I have cut and resubmitted many CGA notes to both PCGS and NGC, and not once has one come back lower than my own adjusted 1-point discount. And, importantly, not one CGA "Original Paper Quality" designation has come back without being rated "EPQ" or "PPQ". There is great opportunity in CGA notes for a confident grader willing to take some risk.  |
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Bedrock of the Community
 United States
12847 Posts |
This is a very informative thread. Great info and indeed a worthy necro-bump.
Steve - so those 4 notes you have were graded 3x each time with identical scores? Why did you resubmit for a 3rd grading from PMG? As an experiment?
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Pillar of the Community
United States
4637 Posts |
Good question CK.
I originally bought them graded and at that time was hoping for the New CGA to once again become top tier. Unfortunately that hasn't come to fruition, so to make it easier for my heirs and verify CGA's grading opinion, I sent them to PMG right after they announced their new holders.
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Bedrock of the Community
United States
12847 Posts |
Thanks, Steve. Got photos of those in another thread somewhere?
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Bedrock of the Community
United States
94367 Posts |
And Steve - I'd like to put in an application to be one of your heirs.
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Pillar of the Community
United States
4637 Posts |
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Bedrock of the Community
United States
94367 Posts |
Very nice!  It's worth noting that CGA notes with the numerical grade at the lower right of the label near the edge (as above) go back to the era before the use of the OPQ designation. The next generation (short lived) incorporated a solid star after the numerical grade and, if deserved, the OPQ designation under the worded version of the grade. If OPQ was not noted, then the paper had issues of some sort. The star designation must have been confusing (understandably} so it was replaced with a faceted diamond logo not long after, and this is still used today I believe. Edited by Coinfrog
04/17/2018 4:51 pm
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
4637 Posts |
Although both $10 Gold Certs have the same grade, the series 1922 has better eye appeal......at least to me it does.
Nice notes Mr.Frog !
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Bedrock of the Community
United States
12847 Posts |
Steve -- that 88A web is -worthy! Thanks for posting the photos. Whose handwriting is on Appendix C? Frog - great notes and great info. I agree, the star logo on non-star notes could certainly cause confusion. Boy those are nice. |
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Pillar of the Community
United States
4637 Posts |
CK - The guide book is mine so the handwriting is mine, along with the check marks.
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Pillar of the Community
United States
800 Posts |
@ Steve ... Boy you either go to sleep late or get up pretty early (if you're in EST zone). lol
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Pillar of the Community
United States
4637 Posts |
@cashhound - I'm cursed with not being able to sleep much past 4:00 AM.
I'm pretty sure PMG shut down CGA's use of the STAR on their holder, stating is was a trademark infringement on their use of the STAR for exceptional notes within the assigned grade.....so CGA switched to the diamond icon on their holder to help distinguish notes graded by the OLD CGA and the NEW CGA.
And, in case you didn't notice, the CGA holder labels are printed by the American Bank Note Company.
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Bedrock of the Community
United States
94367 Posts |
Thanks for that - always wondered if there was a specific reason for the switch.
In hand, both the golds are handsome, but the '22 has whiter paper and the inking is clearly a different shade of gold. Not unusual in my experience. I do like the Hilegas portrait, and the overall design of the note was one of the earliest examples of the modern era.
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Posted 04/16/2018 6:55 pm
