Did CAC make a mistake on this 1916 Lincoln?
ChristopherCoins
Posts: 26 ✭✭
Recently purchased PCGS MS67+RD. Auction house confirmed they had submitted and it was a failed CAC but I still purchased. Submitted myself with the same result. I think coin looks great for an early Lincoln but maybe I'm missing something. Hard to find early Lincolns with this strong of a strike.
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Hard to figure without knowing the assigned grade
Sorry, edited my original post - MS67+RD in a PCGS holder
It's a beautiful cent.
You bought the coin. Kudos.
I does not look 67+ to me.
"Inspiration exists, but it has to find you working" Pablo Picasso
Looks like rusted dies maybe? But that doesn't detract from it as far as I'm concerned. I think it's spectacular.
The only think I could surmise is the few hits on the reverse. In front of Lincoln's face there's some vertical marks. Is it die polish?
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You know, the fields are a little bumpy. Could be rusted dies.
What grade would you give?
They don't make them like that anymore. Nice coin.
I knew it would happen.
Awesome coin for sure!
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Very nice. Maybe CAC only thinks it is a 67. The hubs were redone in 1916, so the details are very sharp - especially the beard. Probably more detail than in 1909, and my favorite for a Lincoln type coin. The rippled field is part of the design, just like the 1916 STQ, WLH and MD. Also like the 1913 Type 1 nickels.
Can Vanna supply a "+" ?
I think CAC ignores the plus. Remember, JA will only sticker a coin he is willing to buy. He turns over coins quickly. Perhaps he doesn't think he could quickly sell this coin for some reason.
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CAC does not consider the + grade. So if they rejected it they are saying it is not a solid or PQ MS67 coin.
" The hubs were redone in 1916, so the details are very sharp - especially the beard."
This. 1916 Lincolns SHOULD look nicely detailed. Red coins aren't too hard to find either. About 11 years ago, several coin shops in Tucson had them, from a freshly broken roll. I bought one in PCGS 66 RD.
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I agree with the no-sticker. It’s a fantastic coin, but looks like a very nice 66 to me. A few ticks on the reverse might be pardonable but the stuff in the right obverse field is a bit distracting. In-hand appearance could change my opinion maybe.
I don't care what cac says that's an amazing looking coin!
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I like it a lot.
It would matter zilch to me if CAC liked it or not.
I love the look of fresh red copper, but I will not buy it. It is just a matter of time until it is red-brown. No stopping physics and chemistry. Very beautiful coin.
Very first thing I saw was the mark on the E on the reverse. Otherwise nice looking.
rainbowroosie April 1, 2003
Some of those lines look raised to me like die polish.
I think this is CAC's reason.
I think it has great original skin. I see the minor scratches on the face and in front of the face. I'm assuming the luster is booming, so PCGs gave a bump for it. I think CAC saw this as a 67 "C" coin. As great as Phil/trueview is, you really can't capture luster from the pictures.
https://pcgs.com/setregistry/showcase/2819
Did CAC make a mistake, or did PCGS?
Another 67+ that got a CAC label. Appreciate everyone's comments.
I think CAC was right. I see it as 66-7, but not a great 67. 67 is a strong grade for that cent. I would be very happy with that. Very nice coin, I like it a lot.
This is the key statement:
"JA will only sticker a coin he is willing to buy."
For a tiny fee, collectors are allowing someone else to cherry-pick their collections. CAC adds nothing, is not an independent authenticator or grader, and makes money on gullible people. There is nothing technically wrong with that -- it's called "exploitation" and has been around for the last 100,000+ years, with or without stickers.
PS: CAC does not make mistakes. Their evaluation purpose is always subjective and commercial, not objective.
Cac adds nothing ?? Have you noticed the difference in prices realized on cac classic gold coins vs non cac coins ?
CAC does not care about the “plus” on a coin. CAC only looks at the numerical grade and suffixes like Full Bands.
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Beautiful coin !!!
Is that a fingerprint at 5:00?
https://pcgs.com/setregistry/showcase/2819
It’s nice coin and I agree w TPG grade
To me, the small scratches in front of the face are a negative, but the die erosion in the fields make for some fantastic luster. It’s a trade off and I like the luster enough to stomach the marks. Personally, grade wise, I think it’s a 67 max with the marks. Great coin though, I just love these things.
When a 66+ is a $600 coin and 67+ is a $6,000 coin? I can see why they didn't sticker it. It is a great coin though.
nice coin.... ......what is price difference for a 66 vs 67
I would grade it 67
"Inspiration exists, but it has to find you working" Pablo Picasso
They are doing market stickering and prefer Gold over Copper, and guess what, they are now making the market.
Do you have an image of the holder? (I want to see when it was graded) Coin is nice but seems to have a lot of chatter in front of the face.
Sure looks like it.
It's a nice looking coin and a keeper If you sold it and some one else has it stickered then how will you feel? I know one thing when they want you. They say we guarantee are service then when something go's wrong they use this it's all "subjective" What a crock. Just a way to get out of what they are doing if your that good pay up. You put them out there and if you play the game they will get wacked once in a awhile. Customers need to remember they are just as good as the other guy and can cost you $$$$ if they don't get it right as well. That is just me dumb Type2.
Hoard the keys.
Nice Coin no matter what...my guess is late 2010
That coin has insanely nice eye appeal. I think what bothered cac was the small scratch in front of the face. It is thin, but large. Great looking coin though!
Not a mistake. JA just wouldn’t buy this coin as an A or B 67. Nothing else too it
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A nice cent, for sure...I do see the marks on the obverse, and the minor dings on the reverse that others have mentioned...but the detail and luster are remarkable....So I can see a 67, though if it had been a GTG, I would have likely said 66+...Still, a really nice Lincoln... Cheers, RickO
I'm not sure you understood the point Roger was trying to make. He's not saying a CAC coin isn't worth more. He's sugggesting the CAC coin would be valued by a good eye at a premium anyway because it is high end for the grade. All the CAC sticker does is give JA's cohort permission to buy them sight unseen. That's what he means by allowing JA to cherry pick your collection.
My guess is that CAC doesn't like the chicken tracks in obverse field in front of Abe. Great color and probably 67 anyway that well preserved
That 1916 Lincoln is drop dead gorgeous!! But in my honest opinion, if it were mine and it was raw and I was sending it to PCGS for grading, I would be hoping for a 66 or 66+. My worry would be the marks in the field in front of Lincoln as others have stated would hold it back. I think that CAC felt the same way which is why it did not pass CAC. Please don't get me wrong, I love the strike and the luster is just amazing. The original red coupled with the luster just make for an incredibly eye appealing coin.
Did you call JA to ask him why it did not pass? This is the type of coin, that even though you may not have asked for notes to be taken, would probably be remembered (if it was not too long ago). I think it would be worth a phone call at a minimum just to find out.
I think he means it adds nothing to the coin....not the selling price.
Probably, as for the miniscule imperfections, they are really only apparent when the image is enlarged 500 times.
Stunning coin
Steve
CAC never makes mistakes...ask around on this site.
i would just ask cac.
it would have to be the value, not the grade, i think.