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Pillar of the Community
Canada
4944 Posts |
Quote:
I've seen beans on Poor-1s before. Here's mine:  |
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Pillar of the Community
 United States
3058 Posts |
Great 1879 s!
Exoguy, I said wreath cent, not chain:)
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Pillar of the Community
 United States
4421 Posts |
@ coinlover ... My error ... fixed it to Wreath instead of Chain. I've had Chain cents on my mind recently!
I'm still waiting for clarification on how coins at such low grade levels warrant beans ... to bean or not to bean .... That is the question!
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Bedrock of the Community
United States
94367 Posts |
I hadn't paid much attention to low-grade beaners before, so these are pretty amazing to me. Imagine the cost and time involved getting that '79-S in that holder.
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Valued Member
United States
108 Posts |
After looking at several hundred "beaners", I am at a complete loss to determine any consistency among them. I think the whole deal is essentially of no added value, except to those cashing the checks!
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New Member
United States
11 Posts |
Sorry if this sounds like a stupid question but could someone tell me what a 'bean' is?
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Pillar of the Community
United States
1316 Posts |
The green sticker placed by CAC. It's like a secondary TPG noting this is better example for the slabbed grade. When it comes to such lowballs where the goal is the lowest grade possible non-damaged coin, what does the green bean mean? |
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Pillar of the Community
United States
3479 Posts |
Quote:
After looking at several hundred "beaners", I am at a complete loss to determine any consistency among them. I think the whole deal is essentially of no added value, except to those cashing the checks! Agreed! I will never buy beaned coins at auction. Smart folks buy them without the bean, get them beaned, then sell to suckers. |
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Bedrock of the Community
United States
11901 Posts |
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Smart folks buy them without the bean, get them beaned, then sell to suckers. I always thought that coin sellers that refer to coin buyers as suckers and think they are smart for using their knowledge against unsuspecting buyers were doing a disservice to coin collecting. I don't find these folks particularly smart. IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Pillar of the Community
United States
3479 Posts |
Quote:
I always thought that coin sellers that refer to coin buyers as suckers and think they are smart for using their knowledge against unsuspecting buyers were doing a disservice to coin collecting. I don't find these folks particularly smart. My apologies if my comment was too blunt for your taste. I'm sure you get the point. |
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Bedrock of the Community
United States
11901 Posts |
There is no need to apologize Mike. We are all friends here and I think we can be frank with one another. I didn't think you felt this way in general and there have many times when I chose my words poorly in a way that didn't reflect what I really believed.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.comEdited by numismatic student
01/20/2017 1:13 pm
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Pillar of the Community
United States
3479 Posts |
 No worries! |
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Pillar of the Community
United States
4212 Posts |
Even on CAC's website, they offer nothing more than saying their sticker means "solid for the grade".
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Pillar of the Community
United States
4421 Posts |
Now, all we need is an FPG or Fifth Party Grader that will slab the beaned slab to guarantee that TPG and the bean are credible .... Edited by ExoGuy
01/20/2017 3:04 pm
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Pillar of the Community
United States
3479 Posts |
Quote:
Sorry if this sounds like a stupid question but could someone tell me what a 'bean' is? There's NO such thing as a stupid question... except for mine.  You will find the answer you seek here: http://www.caccoin.com/ |
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Replies: 20 / Views: 3,281 |
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Posted 01/19/2017 11:19 am
