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 Replies: 18 / Views: 2,045 |
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Pillar of the Community
United States
4989 Posts |
Picked up two MS-65 Morgans in the CAC holders and the quality is phenomenal. I'm struggling to find much of anything in the way of marks even at 10x magnification and the luster is booming. They almost look like the moderns in terms of quality.   |
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Valued Member
United States
81 Posts |
And that's why PCGS slabs with their sticker command higher premiums.
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Moderator
 United States
187446 Posts |
Nice examples!  |
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Pillar of the Community
United States
824 Posts |
Very nice coins.
I could actually see them
grading higher from those pictures.
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Pillar of the Community
United States
612 Posts |
Beautiful coins! Congrats
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Moderator
United States
34393 Posts |
Those are beauts! Well done @fen.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Bedrock of the Community
United States
73559 Posts |
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Moderator
United States
15381 Posts |
Nice looking Morgans. |
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Pillar of the Community
United States
745 Posts |
They look better then any 65's Ive ever seen.
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Pillar of the Community
 United States
4989 Posts |
Quote:
They look better then any 65's Ive ever seen. Yes they look more like 66's in hand. Probably because a lot of NGC and PCGS 66 coins would only get a 65 from CAC. Edited by fenton
06/03/2025 08:59 am
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Bedrock of the Community
United States
11880 Posts |
Quote:
Picked up two MS-65 Morgans in the CAC holders and the quality is phenomenal. I'm struggling to find much of anything in the way of marks even at 10x magnification and the luster is booming. They almost look like the moderns in terms of quality. This is not the definition of MS65. 65s are entry level gem and there are 5 grades above it. No marks at 10x magnification is not entry level gem for a heavy coin like a Morgan dollar. But if CAC is holdering MS66 or better coins in MS65 holders, aren't they undergrading and therefore misgrading coins? That doesn't seem to speak well of a grading service. A grader should be consistently accurate, not a systematic undergrader. Although this benefits buyers, a seller would be livid if a superb gem was holdered in an entry level gem slab.  IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Pillar of the Community
United States
877 Posts |
 Seems like CAC would rather under-grade and have coins be considered choice for the grade than risk over grading. |
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Pillar of the Community
United States
5601 Posts |
The Morgan's are Stunning, Gems to me. Very Nice  |
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Pillar of the Community
United States
6381 Posts |
CACG slabs are relatively new, while CAC stickers have been around for what, 15+ years? I presume the CAC slabs are still finding their acceptance level in the market. Question: for a common-date gem Morgan dollar, which is likely to sell for more, a PCGS MS-65 CAC, or a CACG MS-65? |
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Bedrock of the Community
United States
10982 Posts |
Quote: Question: for a common-date gem Morgan dollar, which is likely to sell for more, a PCGS MS-65 CAC, or a CACG MS-65? Should be very similar in price. At least according to Greysheet, they price them identically. The OP's coins look very nice in the images. The '82-S shows some obverse strike weakness and we need to remember surface preservation is only half the grade. Strike, luster and eye appeal are the remainder. I do feel CACG has intentionally undergraded coins to establish/maintain a reputation in the marketplace. |
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Pillar of the Community
United States
5601 Posts |
Quote:
" I do feel CACG has intentionally undergraded coins to establish/maintain a reputation in the marketplace. "
Fully A "greed" !!
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Replies: 18 / Views: 2,045 |
Posted 06/01/2025 1:40 pm
