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Replies: 22 / Views: 2,231 |
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New Member
United States
10 Posts |
My coin dealer and his dealer friend think this is very choice coin for its grade. He is pretty fair to me and I trust both their opinions. I am a bit worry about the little mark on the neck, but the strike is great,especially on the reverse and the fields are clear. Do you think this merits a cac sticker? My photos aren't the best and the mark on the neck isn't as bad to me in hand as the photos might suggest.  *** Moved by Staff to a more appropriate forum. ***
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Bedrock of the Community
United States
10982 Posts |
CAC approval just means solid for the grade or better. The images show a very nice coin that should CAC provided it is actually an uncirculated coin and not a market graded slider. Only one way to find out - send it in.
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Bedrock of the Community
United States
94367 Posts |
Don't think the CAC sticker would add much value. What WOULD add a lot of value is getting it into a better holder, and the odds look good here.
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Pillar of the Community
 United States
5828 Posts |
It'll CAC in this holder... Might CAC in a '63 holder.
Looks like a nice coin. Undegraded for sure, IMHO.
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New Member
 United States
10 Posts |
That is what my coin dealer friend says. He thinks it's undergraded ,I'm unsure at the moment. I don't want to risk busting it out of the holder. Numismedia has the cac with a several hundred dollar Premium so I think it's worth that for sure. If you are correct I'd love to have a gold bean coin As well, never had of ne of those. I paid a bit more for this coin because of the looks I'd love to get a regarded or cac. I'm glad that I'm not the only one that thinks it may be ungraded. Especially since my crappy pictures don't do it justice, I'm still not good at taking coin pictures with correct lighting.
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Pillar of the Community
United States
1339 Posts |
Could send it back to PCGS for reconsideration..They wont crack it unless it goes plus or 63 or better,if you ask for any upgrade.....Maybe they'll send it for you!
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Pillar of the Community
United States
1191 Posts |
Very nice coin! I've always wanted a MS 34-s but they are too expensive. I'd say go for the CAC, I don't think it's too expensive to send in and you will more than likely get their approval!
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Bedrock of the Community
United States
12057 Posts |
This would gold bean at 62 unless the lighting is hiding something we can't see.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Pillar of the Community
United States
3210 Posts |
If you can send it to CAC do it....if not use PCGS reconsideration. I just sent 10 OGH PCGS holders from my 40 coin OGH haul 2 weeks ago. There are some definite ms66's in my lot along with a few 65s. Worst case they don't upgrade it your out 30 bucks, but if they up it to 63 your up a lot more money. Both are worth the risk.
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Bedrock of the Community
United States
12057 Posts |
 I don't usually/often recommend crackout or crossover but this is one case where I think it would be quite advisable to do so.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Pillar of the Community
United States
4989 Posts |
Looks 63 to me - I agree it is undergraded. Definitely resubmit.
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New Member
 United States
10 Posts |
I think the holder is a newer one, the thick kind that is hard to fit in box. Do u think I should retry PCGS for the regarded or do an NGC crossover? It seems PCGS tends to have better offers but NGC seems great to me too. At this point after what my dealer says and all of you Guys I definately want to retry in some fashion whether it be cac or Regrade. Thanks for your input.
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Pillar of the Community
United States
3210 Posts |
Yes NGC seems to be more lenient on Morgan's but PCGS coins bring more money....don't get me wrong both companies are excellent, but PCGS coins bring more money. I think you should try the reconsideration in a heartbeat, worst case you spent like $30 or so best case you have increased your coins value by at least a thousand dollars if not more. Risk vs reward.
Edited by Imthealphaomega 04/13/2016 10:29 am
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Pillar of the Community
United States
1499 Posts |
First, it would be better if you could post your photos with the coin positioned with the design perpendicular to the viewer. The sideways view is disorienting, at least to my eye, and makes it harder to evaluate the piece.
I'm not convinced that this coin is a lock for CAC sticker or an upgrade. The reason is that the luster appears to be satiny or muted. I think that the coin was dipped, and part of the tarnish was not or could not be removed. Note the black spots in the rays above Ms. Liberty's head and the "carbon spot" in back of the eagle's neck. These spots will lower the grade, and the amount luster on these coins is a big deal.
When I was dealer I had a 1934-S dollar like this which had very smooth surfaces, smoother the surfaces on this piece. It was only graded PCGS MS-61, and I thought that it should have graded higher. Another dealer pointed out to me that the dullish finish on the coin was the reason for the grade. I had no trouble selling the piece for my usual mark-up.
Check out the many 1934-S dollars on the "Coin Facts" page. Most of them have strong luster, and that might be why this piece is in an MS-62 holder.
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New Member
 United States
10 Posts |
It actually does gave strong luster, I just sick at the photography aspect... it actually is very eye appealing.. I think I will have it cac... safer option and cheaper
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New Member
 United States
10 Posts |
here are some different images, sorry I tried to rotate them but it was being difficult. I have seen plenty of dipped coins in holders with crappy luster that grade ms 65 or higher. I think the mark on the neck and such may have played a a part, I still am open to a Regrade or cac... for a coin this expensive it's worth a shot with next highest grade 1000 dollars higher and a green cac about 20 percent premium.  
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Replies: 22 / Views: 2,231 |