73 Seated Dollar For Grading

I would consider myself a peon member at both PCGS and CAC. I questioned PCGS why I had to pay two return shipping charges for the same submission as the gold coin had to be returned shipped in its own package. PCGS did not care what I had to say about their policy. I would not waste my time calling PCGS to question their grading. On the coins that I have sent to PCGS if there is any hint of improper cleaning the coin gets the details tag. It does make me wonder how other cleaned coins in PCGS holders get straight graded.

I have found CAC to be open to questions about their grading. CAC does care about the small time collector. I have talked directly to JA twice about grading issues. If I owned the coin in question, I could call CAC and get an answer why the cleaned coin has a sticker.

If you owned the coin, you would never question CAC because you would be looking to get the CAC premium on it. Go over to the PCGS site and read some of the posts. These people are throughly convinced that you need to have a CAC sticker on a PCGS holder in order for a coin to be included in their collections. Any coin that doesn't have the sticker is "unworthy." A few of them tried to start the rumor that EVERY COIN in the Heritage auctions had been reviewed by CAC. All of the coins that didn't have the stiker were "rejects." That was totally untrue.

In way I could wish for that. If all the coin without stickers sold for less money, I'd be able to buy more lots for lower bids.

You all do realize that CAC will buy any coins they endorse for wholesale bid? I found that it is true.

The key question is how much is he willing pay? Usually it's going to be a lot less than the prices realized in auctions like Heritage.

You also need to realize that some coins are rejected for CAC stickers because CAC needs to control the supply of their product that is on the market. CAC also does not want to commit to supporting a larger market than their network of dealers can support financially. That's why a large number of the Pogue Auction coins didn't get CAC stickers. The grading was conservative from what I saw, but the CAC financial commitment would have large if they had approved of most of those coins.

I would be concerned about the right obverse field. It looks like it's been wiped with at least a loss of toning in that area. I hope I'm not raining on your parade. If it really is an issue with holder, then you can ignore what I said.

Buying Seated dollars is a treacherous undertaking. So many of them have been worked upon one time or another. I have two Proof pieces in my collection, and they are okay, but not great.

Wow, that is one awesome coin MikeF!

I posted photos of the 1873 Seated dollar on the PCGS chat board. A lot of the guys over there think that the coin is okay, hairlines from cleaning and all. I didn't show them the CAC sticker until the end. Then they were SURE it is okay.

Grand-flation, and now cleaned - flation seems to be alive, well and growning.