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1898 O $1: You Vs. CACG

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CoinForMe's Avatar
United States
2238 Posts
 Posted 06/08/2026  5:37 pm  Show Profile   Bookmark this reply Add CoinForMe to your friends list Get a Link to this Reply
They are the experts, but I don't see any spots of cleaning on this coin.
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panzaldi's Avatar
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18729 Posts
 Posted 06/09/2026  09:40 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply

Quote:
They are the experts


we have seen way to many misses to peg them as experts.

this is BS. as FC stated these surfaces are original. there is zero signs this coin was cleaned and I cant believe CAC beaned it as such

looking at recent auction prices it would be maybe a $80 coin at MS64 which it should be about $100-110. there is not enough value to crack it out and send it back in. I think you need to just leave it be. I guess the bean helps

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CoinForMe's Avatar
United States
2238 Posts
 Posted 06/09/2026  11:17 am  Show Profile   Bookmark this reply Add CoinForMe to your friends list Get a Link to this Reply

Quote:
They are the experts, but I don't see any spots of cleaning on this coin.


Quote:
we have seen way to many misses to peg them as experts.

They get paid by top-notch companies to rate coins and are considered "Experts," something that I would guess all of us are not in this field.
But we can guess and share our opinion on the coin's condition just as they do.
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ArrowsAndRays's Avatar
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1663 Posts
 Posted 06/09/2026  12:30 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
CAC will grade a rusty washer as MS99.
Surprised they were honest with this one.
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psuman08's Avatar
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1792 Posts
 Posted Yesterday   09:33 am  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
Follow up on this one. I went to a local coin show a few weeks ago and shared this coin with a trustworthy dealer. They suggested that there was a slight wipe on the chin that probably caused the details grade. I never saw this on the coin, but if you hold it at a specific angle, you can see that there is a slight discoloration to that area. I'm still pretty sure this would straight grade at PCGS / NGC, maybe not.

This was worth the cost for the education.
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panzaldi's Avatar
United States
18729 Posts
 Posted Today  3H 38M ago  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
CACG should have stuck with just assigning beans. this is wrong. I would never consider sending a coin to them for slabbing. especially when it costs the same as PCGS.

if this was mine would crack this one out and either leave it raw or send it to PCGS or NGC. the problem now is that the difference between 63 and 64 is that grading costs would chew up the value of the coin as it sits. I would definitely not leave her in that slab though
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psuman08's Avatar
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1792 Posts
 Posted Today  1H 21M ago  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
@panzaldi, CACG is much cheaper for Morgan and Peace dollars valued under $500. That is why I sent in these common dates - it's $15 vs. PCGS economy $23 which is limited to $300 value (or it is $40). I also got my coins back in 2 weeks vs 2 months.

You are not wrong on what the value is between a 63 or 64 may not make it worth it, but it seems CACG graded items sell for significantly more. I doubt I will send another batch to CACC anytime soon.

For a summary of my CACG experience, https://goccf.com/t/490060.
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