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Absolute rarity and CAC question

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  • @tradedollarnut said:

    @redmoon said:

    @Zoins said:
    In addition to the grades and stickers which you mentioned, I would look at the coins.

    In your scenario, people have down graded coins. @tradedollarnut has mentioned this in the past.

    If both are fantastic looking coins, isn't even the lowest end of PR66 better than the highest end of PR65?

    Define ‘better’. There are numerous instances where the higher coin is neutral for eye appeal but the undergrade is a wow eye appeal coin with an extra tick or line

    In that case you're absolutely right and the decision will be a lot easier when the 65 is a wow coin and it will be reflected in price. Problem is, most of the time the difference is rather subtle, maybe just a tiny hairline or a tiny flaw (at least from the unretouched coin images one should be able to form a general impression - I doubt someone would say WOW only until they look at the coin under a magnifier)

  • NapNap Posts: 1,727 ✭✭✭✭✭

    The demand for CAC seems to be higher in proof (and even MS) gold than most silver type. Thus prices tend to be higher.

    There is a perception that many high end gold coins, even those in top tier holders, have been "messed with," and a positive review by JA goes far in determining the coin to be a quality or unaltered piece. Whether or not this perception is always applicable or valid is of course an area for debate, but generally this is how many in the market tend to see things.

  • redmoonredmoon Posts: 15
    edited March 12, 2019 10:17AM

    @Nap said:

    There is a perception that many high end gold coins, even those in top tier holders, have been "messed with," and a positive review by JA goes far in determining the coin to be a quality or unaltered piece. Whether or not this perception is always applicable or valid is of course an area for debate, but generally this is how many in the market tend to see things.

    I think that the high grade high end pieces that are not CAC beaned are likely to be correctly graded but not A/B coins. (Of course some could be resulted from repeat re-submissions and overgraded.)

  • stmanstman Posts: 11,352 ✭✭✭✭✭

    OY Vey. Know what I’m sayin’ ?

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • ReadyFireAimReadyFireAim Posts: 1,828 ✭✭✭✭✭

    @redmoon said:
    Take a rare issue, say a $1 or $3 gold proof piece maybe with less than 100 in mintage.

    If only one pops up a year, I'm probably not going to be too critical of anything, least of all, some sticker.

  • Cougar1978Cougar1978 Posts: 8,271 ✭✭✭✭✭
    edited March 12, 2019 4:35PM

    I am curious as to date, grade, TPG, asking price on both coins. Photo would help too.

    Coins & Currency
  • GazesGazes Posts: 2,315 ✭✭✭✭✭

    @Gazes said:

    @Cougar1978 said:
    There are 2 issues here.

    1. Not all certified coins have been to CAC raririty or not. A very small percentage.

    I don't think this is accurate when talking about better coins. JA has said that CAC has seen 80%-90% of the better coins that have been in the marketplace for the last 23 years. The OP talks about proof gold which certainly falls into that category. My hunch is given JA's comments, if it is gem proof gold, you should assume that it has been sent to CAC.

    @Cougar1978 I see that you checked LOL for my comment. My source is a video interview JA gave to Both Sides of the Coin, Episode 5 that can be found on Youtube. Since you checked LOL I am guessing you believe the percentage to be "very small." What do you base that statement on?

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