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 Replies: 19 / Views: 2,975 |
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CCF Advertiser
United States
1533 Posts |
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Valued Member
 United States
213 Posts |
Well the CAC sticker sure is not. It guarantees it is authentic. The negative is if it will add too much cost to the item. PCGS values this coin at $ 250.00
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Pillar of the Community
United States
3470 Posts |
The green bean certifies it's a solid example of the grade, if I'm not mistaken.
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Pillar of the Community
United States
8715 Posts |
Nemlas - A CAC sticker certifies that a coin is exceptional for its assigned grade. Not authenticity.
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Valued Member
United States
213 Posts |
Thank you. I always thought it guaranteed the coin. I have a 1955 double die MS63RB I bought because it had the CAC. You gentlemen teach me something everyday here.
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CCF Advertiser
 United States
1533 Posts |
Y'all are missing the point. Its a lowball. The worse it grades the better it is for this segment of the collecting community. Does CAC help here or hurt? If it were a gold CAC, it might indicate a solid AG-03. These guys want it more like P-01.
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Pillar of the Community
United States
8715 Posts |
You have a 1955 LWC double die obverse, MS-63 CAC?   I prefer lowballs without CAC. If a lowball CAC's, it means it might grade one grade higher. If it does, it might not be a lowball anymore. Edited by SilverDollar2017
05/17/2018 3:12 pm
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Pillar of the Community
United States
4233 Posts |
Great idea for a business. Offer GACK stickers for lowball collectors, signifying that the coin is below average for the grade.
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Rest in Peace
United States
17900 Posts |
Would any of us have believed this discussion could ever happen 20 years ago?
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Valued Member
United States
213 Posts |
Not a great pic but I will learn. I am in the process of modifying my digital scope.  |
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Moderator
 United States
54282 Posts |
Quote:
Great idea for a business. Offer GACK stickers for lowball collectors, signifying that the coin is below average for the grade.  |
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Pillar of the Community
7234 Posts |
A green bean would just mean the coin is properly graded as I imagine a Gold one would mean the coin grades better than what the TPG graded it. I can' imagine a Gold sticker would mean a low ball coin grades even lower than what is on the slab. |
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Pillar of the Community
United States
719 Posts |
It's a great question, and first time I saw one (as a lowball collector), I thought it just meant PQ for the grade -not technical number grade like 'normal' coins. Because they don't automatically know it's for a lowball collection, going for the lowest grade; but they might, and so you have to think like we do - the opposite - and that they think it may grade down, for a Green or Gold bean.
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Bedrock of the Community
13014 Posts |
Theoretically you would want the coin to fail so it would be at the low end of the grade. Personally I think they're aware of the low ball market and with the extreme low grades may adjust to just stickering things they think are deserving of the low grade just saying its a nice coin basically. Quote:
Nemlas - A CAC sticker certifies that a coin is exceptional for its assigned grade. Not authenticity. CAC absolutely assures authenticity as well and would buy back a mistake in that area in a second. |
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Pillar of the Community
United States
4233 Posts |
Quote:
Theoretically you would want the coin to fail so it would be at the low end of the grade. Theoretically, yes, but nobody would know except you and CAC. They do not divulge whether a coin was submitted and failed. Which raises the question - why would anybody CAC a PR02 coin? I can think of a couple reasons, but neither makes sense to me. |
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Bedrock of the Community
13014 Posts |
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Which raises the question - why would anybody CAC a PR02 coin? I can think of a couple reasons, but neither makes sense to me. Probably got sent in as a lot, or free CAC evaluation was part of the cosigner agreement ect. Key dates that are still somewhat pricey in that grade there is still a value to it. Of course it could have just been someone hoping for a gold sticker as well |
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Replies: 19 / Views: 2,975 |
Posted 05/17/2018 2:14 pm
