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PQ Label... CAC Knockoff?

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Cruisinfusion's Avatar
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 Posted 04/25/2014  7:49 pm Show Profile   Bookmark this topic Add Cruisinfusion to your friends list Get a Link to this Message Number of Subscribers
I noticed this coin on buyuscoins.com
Does the PQ label have the same meaning as CAC and is it worth anything extra? (I would post a link but their website is acting up)
By the way, I see it used a lot on ebay descriptions. What on earth is PQ?
Thanks!

PQ-Label...-CAC-Knockoff?
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Cruisinfusion's Avatar
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 Posted 04/25/2014  7:51 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Sorry about the crummy photo. I had to drag the image from the listing on the website, so it's very small.
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nolawyer's Avatar
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 Posted 04/25/2014  8:01 pm  Show Profile   Bookmark this reply Add nolawyer to your friends list Get a Link to this Reply
PQ stands for premium quality and the term has been used for a while to describe coins. It looks like the sticker is from a new company competing with CAC ( PQApproved.com).
Edited by nolawyer
04/25/2014 8:02 pm
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Cruisinfusion's Avatar
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 Posted 04/25/2014  8:10 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
Thanks for the link, nolawyer. I don't see success in the future for PQ, but hey, maybe.
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TypeCoin971793's Avatar
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 Posted 04/25/2014  8:10 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
PQ is a designation of Premium Quality. Now what is considered Premium Quality is a matter of opinion and heated conjecture, and does not really mean anything. Just to prove my point, who is SCI, what is their reputation, and what characteristics designate "premium quality?"
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Cruisinfusion's Avatar
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 Posted 04/25/2014  8:12 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
TypeCoin, just checked the link nolawyer gave me and they have a list of characteristics that point toward "PQ".
Never heard of SCI, though.
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nolawyer's Avatar
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 Posted 04/25/2014  10:27 pm  Show Profile   Bookmark this reply Add nolawyer to your friends list Get a Link to this Reply
I don't see much hope for PQapproved either, but, who knows? Maybe now a coin will need to be in a PCGS slab with a CAC sticker (preferably a gold sticker) & and a PQ sticker to be legit :)
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BuffalosRock's Avatar
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 Posted 04/30/2014  4:10 pm  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
I've seen a few of those stickers and figured it was a "basement cac-er" copycat thing to be ignored.

Interesting on the Premium Quality, I've seen it mostly referred to as PRICED QUICK, as in priced low to sell quickly. More gimmicks, sheesh!
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SsuperDdave's Avatar
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 Posted 04/30/2014  5:06 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
This is the brainchild of Barry Stuppler and Don Ketterling. Both are prominent dealers and numismatists - Stuppler is a past President of the ANA and a PNG board member; Ketterling teaches the ANA Advanced Grading of Rare Coins course. Both have decades of professional grading experience.

It's my opinion that they're trying to carve an even smaller niche than CAC. The latter intends only to separate the "good for the grade" coins from the dogs; PQ only stickers coins with top-tier eye appeal.

Not really sure it's a viable, or necessary, proposition. If I need someone to tell me that my coin has good eye appeal, I probably shouldn't be looking at coins.
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Conder101's Avatar
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 Posted 05/02/2014  10:19 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Might be useful for blind numismatists who can't judge eye appeal themselves.
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SsuperDdave's Avatar
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 Posted 05/02/2014  11:14 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Might be useful for blind numismatists who can't judge eye appeal themselves.


...which is why they made the sticker round instead of the CAC bean shape - so you could tell which sticker the slab had by feel. Brilliant.
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noD's Avatar
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 Posted 05/02/2014  1:02 pm  Show Profile   Bookmark this reply Add noD to your friends list Get a Link to this Reply

Quote:
If I need someone to tell me that my coin has good eye appeal, I probably shouldn't be looking at coins.


Well said Dave.

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jbuck's Avatar
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noD's Avatar
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 Posted 05/02/2014  6:52 pm  Show Profile   Bookmark this reply Add noD to your friends list Get a Link to this Reply
If this trend continues the TPGs will need to make the slabs bigger to hold all the stickers!
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macmercury's Avatar
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 Posted 05/03/2014  01:59 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I am waiting for more companies to do the same, so I can start a stickers collection.
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burks's Avatar
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118 Posts
 Posted 05/03/2014  02:04 am  Show Profile   Bookmark this reply Add burks to your friends list Get a Link to this Reply
Someone needs to start assigning stickers based on the level of toning on a coin. From a pure white sticker to rainbows for only the best toned coins out there.
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