1895 Proof Morgan Question - Coin Community Forum

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Author	Replies: 4 / Views: 1,388
numismo Rest in Peace United States 3039 Posts	Posted 11/24/2009 3:48 pm I just saw a dealer ad in Numi News for an 1895 Morgan proof 35 with a CAC sticker. I thought CAC was a gimmick to extract more money for high end coins. Since when is proof 35 a high end coin? Very confusing. Report this Post to the Staff

biokemist6 Bedrock of the Community United States 12437 Posts	Posted 11/24/2009 4:36 pm A PR-35 1895 Morgan is always a high end coin The CAC stickers just basically mean that the coin is supposed to be above-average to choice for the given grade. In other words, a coin that might be an MS-65.1(barely 65) would not get stickered but a coin that is MS-65.8 probably would since it is at the high end of the given grade and close to the next grade up. There are dogs at every grade level in TPG plastic and CAC is attempting to weed out some of the dogs and focus on the prime material. Report this Post to the Staff
numismo Rest in Peace United States 3039 Posts	Posted 11/24/2009 6:02 pm Wouldn't anything but upper grades be cosidered an impaired proof? Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 11/25/2009 02:20 am Quote: numismo: Wouldn't anything but upper grades be considered an impaired proof? Key Proof coins like the 1895 Morgan dollar and the 1856 Flying Eagle Cent are 'high-end' coins, regardless of their grade. I've seen an 1893-S Morgan PCGS AG-3 with a CAC sticker. Same deal, it means a high-end coin for the grade (in this case, G-4 general details but with the rims worn off, the arbiter of AG-3). Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 11/25/2009 02:32 am The CAC sticker means its high end for the given grade. As was noted above, this coin would be a nice 35. ANA #R3154474 Report this Post to the Staff
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