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Is CAC Losing Its Appeal?

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Pillar of the Community
United States
4337 Posts
 Posted 10/10/2014  9:05 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
First, as I had recently said in another thread last week with regard to having learned of the New England 6PENCE and the Noe Variates, I'll repeat here with the 1921-D discovery made today along with the bean it posses, "you learn something new every week on the CCF"
respect

Speaking of the bean it posses,


Quote:
Several of my own coins I wonder if it's the scarcity of the issue grade by a major TPG that earned it the green bean.


~DSFREEWORLD

More so than the rarity demand ratio of the coin shared, what the bean SAID to me about the coin is what I have always, and now feel more conviction on, stated and that is a scarcity of some sort existed. And on this 1921-D I was unaware of what that was. I simply chalked it up as foolish, imagine what I think now! I'm gonna hunt junk jars at pawn shops if I ever get the chance! $250!

In any event, a sticker indicating rarity to me would have made me judge other wise. Figure out how to sticker 'em on rarity indexes and I bet people would enjoy that.

Maybe

Who knows



Pillar of the Community
Puerto Rico
778 Posts
 Posted 10/10/2014  9:46 pm  Show Profile   Bookmark this reply Add junjun to your friends list
@dsfreeworld
If you find a PO01 1921-D in a junk jar you just get melt value. If you find a PO01 1921-D in a PCGS holder and with the CAC sticker then you have a $250 coin. In this case the value is in the holder and the sticker, not in the coin.
Pillar of the Community
United States
4337 Posts
 Posted 10/10/2014  10:49 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
Oh I understood the angle. If one is found I n a junk jar and it fit the bill, it's on its way for double down gamble where on the other side Youll either have a $250 coin or a coin thats melt plus $60 for.

I don't even go to pawn junk bins...but that's how some of those coins are found I'd imagine
Pillar of the Community
United States
8521 Posts
 Posted 10/10/2014  10:52 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list

Quote:
If you find a PO01 1921-D in a junk jar you just get melt value.

Actually you've just hit the jackpot. Lowball collecting is very competitive. Ask Nickelsearcher, he has an amazing collection.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Pillar of the Community
United States
3755 Posts
 Posted 10/11/2014  12:47 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Dave, I get that. That is precisely why the TPGs came about in the first place. But this then begs this question...

If big time dealer A can not trust big time dealer B to evaluate the coin, then why does big time dealer B have a big time rep?
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United States
1132 Posts
 Posted 10/11/2014  04:24 am  Show Profile   Bookmark this reply Add CopperCastle to your friends list
Congrats dsfreeworld on this thread making the CCF Facebook feed! You've gotten my attention.


Quote:
I call it un-filtered debate constrained within the norms of civil discourse.

Quote:
Except I've already forcibly filtered it.

I wish this forum had a "like" function. You have no idea how many chuckles I get from your posts Dave.
Edited by CopperCastle
10/11/2014 04:28 am
Pillar of the Community
United States
937 Posts
 Posted 10/11/2014  08:18 am  Show Profile   Bookmark this reply Add Tryna to your friends list

Quote:
@dsfreeworld
If you find a PO01 1921-D in a junk jar you just get melt value. If you find a PO01 1921-D in a PCGS holder and with the CAC sticker then you have a $250 coin. In this case the value is in the holder and the sticker, not in the coin.


I so look forward to reading the article on that 1921-D Morgan in the next edition of Holder World The Journal of American TPG Holder Collecting.
Pillar of the Community
United States
937 Posts
 Posted 10/11/2014  08:20 am  Show Profile   Bookmark this reply Add Tryna to your friends list
But then, I cannot even make the quote function work
Pillar of the Community
United States
3453 Posts
 Posted 10/11/2014  08:24 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list
Highlight all the text that you would like in the quote box and then hit the quote button. You will see [ quote] before the text and [/ quote] at the end of the text. (Spaces added of course )
Edited by CoinsKelly
10/11/2014 08:26 am
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United States
23522 Posts
 Posted 10/11/2014  08:30 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
But then, I cannot even make the quote function work


Our Quote function puts the cursor at the end of the Quote tags. Many others put the cursor in the center of the tags, and you ran afoul of being in the habit. It's happened to me too.
Pillar of the Community
United States
937 Posts
 Posted 10/11/2014  08:39 am  Show Profile   Bookmark this reply Add Tryna to your friends list
Thanks CoinsKelly, guess I am just a analog girl in a digital world. In more ways than one.
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United States
2335 Posts
 Posted 10/13/2014  5:15 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list
Seeing the P01 Morgan with the green bean immediately raises a question. We all know the goal of a low ball collector is to have the lowest grade possible. With that in mind, wouldn't a green bean indicating a P01 coin as superior for the grade actually make the coin less desirable to a low ball collector?
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United States
4337 Posts
 Posted 10/13/2014  6:17 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list

Quote:
wouldn't a green bean indicating a P01 coin as superior for the grade actually make the coin less desirable to a low ball collector?


Interesting question. I look forward to a response from an experienced low ball collector.

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United States
23522 Posts
 Posted 10/13/2014  10:23 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Keep in mind what you want with a P01 coin. You want - the attribute most sought, and the standard considered by TPG's - the least-identifiable coin possible. The standard towards which P01 reaches is zero, not two. The worse it is, the better it is. This is lowballing.
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16679 Posts
 Posted 10/13/2014  10:26 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
Basil state
swcoin.ecrater.com
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