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 Replies: 28 / Views: 4,941 |
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CCF Advertiser
United States
1533 Posts |
I saw a slab with an 1858/7 Flying Eagle cet in AU-53 with a weak designation. So its AU-53, but a weak strike It had a CAC sticker on it. So what does this mean? Its a weakly struck coin that did not make choice AU. Its almost not a weak strike and almost Choice AU? Its almost AU-54? What is this for a nonsense? Don't we have to put another sticker on it to verify it is at the high end of the CAC designation? Edited by Andrew99
05/01/2016 1:10 pm
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Rest in Peace
United States
18456 Posts |
Are you able to supply photos ?
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Pillar of the Community
 United States
5828 Posts |
Edited by ChildOfTheWheat
05/01/2016 2:21 pm
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Pillar of the Community
United States
536 Posts |
The green sticker means that CAC agrees with what is written on the label. A gold sticker means that CAC thinks it should have graded higher. So if it is labeled as AU53 Weak Strike, the green sticker means CAC thinks they are right.
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Bedrock of the Community
United States
94367 Posts |
It is my impression that the green seal not only suggests that CAC agrees with the grade, but that it is above average for the grade.
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Pillar of the Community
Canada
4944 Posts |
Quote:
It is my impression that the green seal not only suggests that CAC agrees with the grade, but that it is above average for the grade. That's correct, the coin must be strong for the grade to receive a green sticker. From the CAC website: "For many years, coin dealers and advanced collectors have used the letters A, B, and C among themselves to further describe coins. C indicates low-end for the grade, B indicates solid for the grade, and A indicates high-end. CAC will only award stickers to coins in the A or B category. C coins, although accurately graded, will be returned without a CAC sticker." |
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CCF Advertiser
 United States
1533 Posts |
So its an upper end AU-53 with a weak strike? Near AU-54? What bs.
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Pillar of the Community
Canada
4911 Posts |
i think the 'weak' designation is talking about the strength of the over date...
Feel free to call me Will.
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Pillar of the Community
United States
5828 Posts |
 Its the overdate. |
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CCF Advertiser
United States
1533 Posts |
ok, but its still an upper end AU-53? How fine are we going to split grades?
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Pillar of the Community
United States
1211 Posts |
I think you are misunderstanding and/or overthinking the intended purpose of the CAC sticker.
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CCF Advertiser
United States
1533 Posts |
Actually, no. I understand the purpose of the CAC sticker perfectly. It is to generate revenue from the bulk of already graded and slabbed coins in the market via the specious pretense that they are able to pick out premium coins in the grade.
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Pillar of the Community
United States
604 Posts |
I'm going to create a sticker for all the CAC slabs. It will be blue (my favorite color) with the letters BS and pick the best of the best of the best CAC slabs and put it on them.  |
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Valued Member
United States
452 Posts |
An 1858/7 FE isn't exactly a common coin. I would appreciate the additional opinion for future marketability if I was considering purchasing it.
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Bedrock of the Community
United States
10982 Posts |
Quote:
Actually, no. I understand the purpose of the CAC sticker perfectly. It is to generate revenue from the bulk of already graded and slabbed coins in the market via the specious pretense that they are able to pick out premium coins in the grade. That is not the purpose of CAC. And I'm not going to try and explain it again. |
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Valued Member
United States
50 Posts |
If I had choice to buy two coins of same grade, one with CAC and the other without, odds are the CAC coin would look better and be my preferred coin of choice.
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Replies: 28 / Views: 4,941 |
Posted 05/01/2016 2:21 pm
