I wold grade it MS 65 RB (or even Red) but since you're asking they probably did you dirty and graded it MS64 RB, or maybe even the dreaded "details (I'm bad at discerning that)."
Quote: but as a side bet I wouldn't be surprised if they deemed it BN instead of RB.
PCGS grades RB when the copper coins have less than 95% but more than 5% of their original Mint "Red" coloring. I imagine CAC would follow the same practice?
Alright so here is the reveal! It actually doesn't surprise me that the majority of you called this one out as RB. I felt the same way. I actually just won this coin at auction. I was drawn to its amazing eye appeal, warm color, and relatively clean surfaces for what CACG is calling a 64BN. I would have called this a 64RB at very minimum, and a very strong shot at 65RB. While I have not seen the coin in hand yet, I did see an unedited video from the auction house, and I do think the eye appeal should have made it a 65.
Once I see the coin in hand, I will decide the next steps. There isn't much upside from a 64 BN to a RB, but there is a decent upside if it jumps to a 65. Not totally sure if I will keep this one for my personal collection (which to me is more about looks than the "upside").
I may send the coin in the CACG slab to PCGS for a crossover attempt and ask for a 65 and leave the color designation blank to let them decide. If it crosses to a 65 in either color it's a win, then I'll submit to CAC for a sticker attempt. If it doesn't cross, I might truly gamble and send it raw to PCGS—in which case I can't imagine them not at least calling this coin a 64RB.
Here's the CACG slab photo, and video from the auction.
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