Ngc, Cameo And Ultra Cameo

Ultra Cameo coins are desired by many people and so there is a premium. Grade has nothing to do with it.

You guys are really good at explaining this stuff. Does PCGS have different designations for Cameo? All I've seen with them so far is DCAM. Wow, so another designation to look out for. I will go up and study the registry stuff. I thought that was only for the "Big Boys" of collecting. Never heard of a small collector like me doing registry sets. Interesting!

Thanks again. Your helpfulness is one of the reasons I became a "Supporter" of this group. So don't ever think your replies have gone for nothing.

edgman

I myself only purchase DCAM69 slab coins due to the high ramp up in the price that PR70 command. But recently I was able to purchase my first PR70 coins both NGC slabs, one being a 2008-S Jefferson Ultra Cameo and the other a 2009-S Jefferson Ultra Cameo. The cameo on both coins was quite stunning with great contrast to the mirror backgrounds. I had to go through a lot of auctions to get those two coins at a price I could afford. Found that NGC slabs prices are a little easier on my pocketbook compared to PCGS slabs.

My one other question has not been answered yet. Does PCGS have a difference in Cameos like NCG. All of my PCGS's (11) read DCAM. As for pulling the good stuff from Proof Sets, I only buy two sets a year and those are the Silver and Clad. I only buy the clad because my wife's bank sells them to customers for below Mint costs. Usually $25 each. Except last year when I bought over 100 of the 2008 sets for $25 and sold them to dealers at shows for $40-$50. 20008's were going high then. Was that unethical!

Slabs bought recently w/prices. All are Buy it Now on ebay from sellers stores. No, I wont post sellers names here.
1994-S PCGS PR69RD DCAM -- $4.20
1997-S PCGS PR69RD DCAM -- $4.60
1985-S PCGS PR69RD DCAM -- $3.99
1996-S PCGS PR69RD DCAM -- $4.49
1999-S PCGS PR69RD DCAM -- $7.00
1960-D PCGS MS66RD SmallDate -- $5.25
2010 P & D NCG Union Shield MS65RD -- $8.25 (set of 2)

That's my recent purchases from last 2 weeks. They seem cheap enough to me and if I can continue to get them I will go with all slabs for my proofs.

edgman

As Super Dave said and to add to that - I think all grading companies of repute (PCGS, NGC, ANACS and maybe ICG) have the folowing:
a PR (PF for NGC) grade
a PR (PF for NGC) CAM grade
a PR (PF for NGC) DCAM (for PCGS) or UCAM (for NGC).

You seem to be looking at and buying recent year coins. That's why you're only seeing the "Ultra" Cameo designation.

If you pull a coin from a proof set dated 1991 or later, the vast majority will be CAM's (and DCAM's) and PR68 or above. Of course, this assumes the sets were properly stored, etc.

Of course, some people prefer slabs and that would be an additional cost to pay the TPG to grade them.

One I heard they stopped prematurely making the 2008 sets I saw what was going to happen. I managed to keep 10 of them for myself. I sold most sets for about $45-50 to dealers but later on was getting up to $70 each. Since I got them for $25 I made a profit of of 100-200 percent so I was happy. Probably sold about 200 sets. Bank was happy as heck to get rid of them. Even then they shipped 500 sets back to their headquarters and no one knows what happened to them. Remember trading 4 sets for one beautiful 1883CC NGC MS64 Morgan. That was my first CC Morgan. I will start a new thread later to tell you what the dealers did to those sets. Very unethical stuff.

edgman