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Thoughts on this newp - CAC results in first post

panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭
edited March 3, 2021 2:29PM in U.S. Coin Forum

I have been looking for a $3 piece for my gold type set. I saw this and thought it looked relatively unprocessed and also mark free for the grade. What are your thoughts? I know it might be hard to tell from the Truview, but it appears unmolested. I think it is worth sending to CAC

UPDATE:

As promised, the results. Gathered the few coins I had purchased in the last few months and sent five coins in total to CAC mostly to see how the $3 would do. I asked JA for feedback if it didn't make it. Got it back as not passed and a sticker to call JA to discuss. He said in terms of contacts it looks like a 65, but there are hairlines in the fields that hold it back. I set up the lighting conditions that JA suggested and compared it side by side to a CAC 64 $3 and I can see the difference in the fields between the two. Very helpful to have JA explain what he saw and another valuable benefit of using CAC services. His comments will make me a better evaluator of gold coins in the future.

Comments

  • Mr_SpudMr_Spud Posts: 3,960 ✭✭✭✭✭
    edited February 3, 2021 8:43AM

    It looks very nice to me.

    Mr_Spud

  • 291fifth291fifth Posts: 23,709 ✭✭✭✭✭

    It is a nice looking type coin. Why worry about a "sticker" if you intend to keep it for your collection? By the time you decide to sell it "stickers" may have long since fallen out of favor.

    All glory is fleeting.
  • PhilLynottPhilLynott Posts: 867 ✭✭✭✭✭

    I think the dark marks may preclude a sticker the M looks like maybe PVC? The luster also looks like it's maybe a bit subdued? It's probably worth sending to CAC but I don't personally think it will get a sticker from images. They're tough on gold to begin with.

  • DollarAfterDollarDollarAfterDollar Posts: 3,205 ✭✭✭✭✭

    Definitely looks like it has the potential for nice luster. The strike seems pretty solid. No idea what the actual grade is but I think JA wouldn't mind having the ability to express an opinion.

    While not my series I'd guess MS 64?

    If you do what you always did, you get what you always got.
  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    @DollarAfterDollar said:
    Definitely looks like it has the potential for nice luster. The strike seems pretty solid. No idea what the actual grade is but I think JA wouldn't mind having the ability to express an opinion.

    While not my series I'd guess MS 64?

    Yes, it is a newly graded 64.

  • truebloodtrueblood Posts: 609 ✭✭✭✭

    Love it

  • crazyhounddogcrazyhounddog Posts: 13,672 ✭✭✭✭✭
    edited February 3, 2021 11:04AM

    An outstanding piece my coin brother. I see it passing CAC with flying colors. I am a BIG fan of the 3 dollar gold piece. I find them extremely beautiful and the one you’re showing is sure no exception 👌
    Best of luck to you

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭

    Winning!

  • pursuitoflibertypursuitofliberty Posts: 6,342 ✭✭✭✭✭

    That is a great looking coin! <3


    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    Really nice look to that coin! I can't tell if it's just the lighting, but there appears to be some very minor friction at various high points, which may preclude a sticker. I doubt a sticker (especially on gold) will ever be a liability in the future, so probably worth sending to CAC whenever convenient.

  • ShaunBC5ShaunBC5 Posts: 1,546 ✭✭✭✭✭

    I think it looks great and I'm a big fan of the $3 gold (from afar). I think it's worth a shot with CAC. Sending it in would be pretty cheap compared to what you've already spend and stand to gain. Then you'll know, too.

  • SkyManSkyMan Posts: 9,493 ✭✭✭✭✭
  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭
    edited February 3, 2021 2:07PM

    @CoinJunkie said:
    Really nice look to that coin! I can't tell if it's just the lighting, but there appears to be some very minor friction at various high points, which may preclude a sticker. I doubt a sticker (especially on gold) will ever be a liability in the future, so probably worth sending to CAC whenever convenient.

    Yep, no cost to me if it doesn't sticker, it is just that the rest of my type set is CAC so if it doesn't sticker I just move over to the non CAC registry no big deal. I really liked the look. A few little crusties and a tiny copper spot that looks like it has been there forwever. But, for all I know, it has already been to JA. I still like it.

    And I agree, some of the areas are due to contact and some of it is lighting (based on looking at a number of truviews of this series)

  • winestevenwinesteven Posts: 3,719 ✭✭✭✭✭
    edited February 3, 2021 8:19PM
  • PQueuePQueue Posts: 901 ✭✭✭

    In the end, it's all about the luster. Certainly worth sending in.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    That is a nice gold coin... I would be concerned with the spots at the A and M on the obverse, and the two spots (not the rust spot) on the reverse... Look like dirt or something... may preclude a CAC sticker...Otherwise, I would say it would get one for sure. Cheers, RickO

  • ashelandasheland Posts: 22,158 ✭✭✭✭✭

    Nice one!

  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭
    edited February 4, 2021 11:03AM

    . > @ricko said:

    That is a nice gold coin... I would be concerned with the spots at the A and M on the obverse, and the two spots (not the rust spot) on the reverse... Look like dirt or something... may preclude a CAC sticker...Otherwise, I would say it would get one for sure. Cheers, RickO

    I will say that I have purchased almost all of my coins off of eBay or dealer sites because it is time consuming and expensive to attend shows in person, so while I enjoy a show, I don’t attend them as often as I would like. So I have a rule that any coin over a certain dollar amount must have a CAC sticker for me to buy. I do this because:

    • I buy many coins in older holders and issues like putty and pvc can be a problem that went unnoticed when coin was graded
    • Both of the above problems, and many more detracting issues on coins can be masked buy deliberately clever photography, or buy amateur photos that are simply not very good
    • Many higher value coins without stickers have already been tried

    But sometimes I make an exception and. Here is what I was thinking...

    I was trolling on sites looking to find an example I liked and could afford and I saw this coin. It had a trueview. I know trueviews are glamour shots, but they also give you a good idea of the chatter on coins. I looked it over and looking at the hits I fealty it was much closer to a 65 coin than a 63 coin. The face was minimally marked and the field to the left was very clean. The devices had a reasonable patina around them and from other trueviews I have looked at suggested nice luster.

    The strike looked superior to many I have seen where the middle digits of the date are mushy. So I looked at the reverse and saw a small unobtrusive copper spot that indicated little to no dipping. So I looked at the spots and really enlarged the high res image and there is dimensionality to the spots. Grunge from whatever place this coin spent being unmolested. I imagine that they could be removed with a rose thorn, but I am glad they weren’t.

    So then I looked who was selling and it is one of those ‘we buy gold, silver, etc. places that is a member of PCGS, but not CAC. So I surmised that, perhaps they bought it raw for cheap and got it graded. Or, they bought it less cheaply from a collector who sold because of the pandemic economy not because he wanted to.

    So I looked for auction records and found none. Also something I like to see. And, finally, I asked myself if the coin pleased me as is and I felt it definitely would.

    Of course, I could be wrong about everything. But I recall sitting at a video poker when I was a blackjack dealer with 8 dollars in and a dealt spade flush that I could hold and win, but which also had 4 cards to a royal flush. I was agonizing about whether or not to drop the 5 of spades and go for the royal. A pit boss walked by and I asked him what I should do. He looked at the screen, then looked at me and said ‘No missions, no medals’ and walked away. So I dropped the 5. Drew the ace of spades and walked away with a cool $4000.

    Anyhow, at least the pandemic is healthy for the imagination... :smile:

    Edited for spelling

  • johnny9434johnny9434 Posts: 26,990 ✭✭✭✭✭

    nice i like

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    No missions, no medals.... Go for it and let us know....Best of luck. Cheers, RickO

  • cameonut2011cameonut2011 Posts: 9,913 ✭✭✭✭✭
    edited February 4, 2021 10:32AM

    The PVC spots at the bottom of the wreath should preclude a CAC sticker although it is a nice coin regardless. I like the color. If it were mine, I would send it in to be conserved though.

  • WalkerfanWalkerfan Posts: 8,660 ✭✭✭✭✭

    If you can get past the spots, it's a nice coin.

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set:

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    @cameonut2011 said:
    The PVC spots at the bottom of the wreath should preclude a CAC sticker although it is a nice coin regardless. I like the color. If it were mine, I would send it in to be conserved though.

    I would agree except that I have seen the same o other gold that got CAC stickers.

    @cameonut2011 said:
    The PVC spots at the bottom of the wreath should preclude a CAC sticker although it is a nice coin regardless. I like the color. If it were mine, I would send it in to be conserved though.

    I would agree, except that doesn't seem to be the case. Gold does not react to PVC to my knowledge, and I have seen the same green appearing residues and spots on enlarged high res images of gold with CAC stickers, Spots as well.

    Here is the reverse of an MS67+ quarter eagle with a CAC sticker. Note the spot above the shield and one in the denticles around 4 to 5 o'clock, the copper spot, and the green residue around the denticles between the U of United and the 2 and also above the S and T of States. I have seen others but would have to remember where I saw the images. So maybe it does, but maybe it is a judgement call on gold? We will know if it comes back with a dreaded red sticker.

    IF I send it to CAC and it just comes back as not passed, I would leave it as is. If it came back with a red sticker I would take your advise and get it conserved through PCGS

  • cameonut2011cameonut2011 Posts: 9,913 ✭✭✭✭✭
    edited February 4, 2021 1:05PM

    @panexpoguy said:

    @cameonut2011 said:
    The PVC spots at the bottom of the wreath should preclude a CAC sticker although it is a nice coin regardless. I like the color. If it were mine, I would send it in to be conserved though.

    I would agree except that I have seen the same o other gold that got CAC stickers.

    @cameonut2011 said:
    The PVC spots at the bottom of the wreath should preclude a CAC sticker although it is a nice coin regardless. I like the color. If it were mine, I would send it in to be conserved though.

    I would agree, except that doesn't seem to be the case. Gold does not react to PVC to my knowledge, and I have seen the same green appearing residues and spots on enlarged high res images of gold with CAC stickers, Spots as well.

    Here is the reverse of an MS67+ quarter eagle with a CAC sticker. Note the spot above the shield and one in the denticles around 4 to 5 o'clock, the copper spot, and the green residue around the denticles between the U of United and the 2 and also above the S and T of States. I have seen others but would have to remember where I saw the images. So maybe it does, but maybe it is a judgement call on gold? We will know if it comes back with a dreaded red sticker.

    IF I send it to CAC and it just comes back as not passed, I would leave it as is. If it came back with a red sticker I would take your advise and get it conserved through PCGS

    Red sticker? What's that? Since I have sold off most of my stuff, I haven't done a CAC submission recently. Is this new?

  • cameonut2011cameonut2011 Posts: 9,913 ✭✭✭✭✭

    FWIW, I had a proof gold quarter eagle that had PVC haze on it that CAC rejected. In that case though, it may be because it may have been a (failed) attempt to hide marks on it rather than purely incidental, but you could see through the haze. Hmm...

  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    @cameonut2011 said:
    FWIW, I had a proof gold quarter eagle that had PVC haze on it that CAC rejected. In that case though, it may be because it may have been a (failed) attempt to hide marks on it rather than purely incidental, but you could see through the haze. Hmm...

    You could certainly be right. It may also factor on how visible these specs are to the magnification used by graders as well as the naked eye. I have noticed that Legend frequently describes there coins as having ‘no spots’ but then they take amazing hi res pics of them and you can see spots that the technology detects. I actually purchased a gold piece from them Thad had such a spot in the image, but when I got the coin in hand, it was nowhere to be seen. Maybe they consider the level to which it detracts from the appearance? I don’t know. When I get the red sticker I am often curios if they are saying it could have passed sans PVC, or that they didn’t even evaluate past seeing the PVC? I could tape a note to it and ask for reason it didnt pass if it doesn’t. I am glad you shared your experience, it is illuminating.

  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    @cameonut2011 said:

    @panexpoguy said:

    @cameonut2011 said:
    The PVC spots at the bottom of the wreath should preclude a CAC sticker although it is a nice coin regardless. I like the color. If it were mine, I would send it in to be conserved though.

    I would agree except that I have seen the same o other gold that got CAC stickers.

    @cameonut2011 said:
    The PVC spots at the bottom of the wreath should preclude a CAC sticker although it is a nice coin regardless. I like the color. If it were mine, I would send it in to be conserved though.

    I would agree, except that doesn't seem to be the case. Gold does not react to PVC to my knowledge, and I have seen the same green appearing residues and spots on enlarged high res images of gold with CAC stickers, Spots as well.

    Here is the reverse of an MS67+ quarter eagle with a CAC sticker. Note the spot above the shield and one in the denticles around 4 to 5 o'clock, the copper spot, and the green residue around the denticles between the U of United and the 2 and also above the S and T of States. I have seen others but would have to remember where I saw the images. So maybe it does, but maybe it is a judgement call on gold? We will know if it comes back with a dreaded red sticker.

    IF I send it to CAC and it just comes back as not passed, I would leave it as is. If it came back with a red sticker I would take your advise and get it conserved through PCGS

    Red sticker? What's that? Since I have sold off most of my stuff, I haven't done a CAC submission recently. Is this new?

    When they see PVC on a submitted coin, CAC will usually put a generic office supply round red sticker on it and write 'PVC' in pen on the sticker

  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    Got the coin in hand, and did a short video trying to show the luster compared to an MS65+ half eagle that is CAC. Not sure I was successful at showing it. First time trying.
    https://youtu.be/sJstA4-rq-4

  • mirabelamirabela Posts: 4,884 ✭✭✭✭✭

    Nice coin! 64 was my guess. I like the hammered date on yours. They don't all have that.

    mirabela
  • ThreeCentSilverFLThreeCentSilverFL Posts: 1,655 ✭✭✭✭✭

    Very pleasing $3 gold! Thanks for sharing. Update if it beans.

  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    Results in first post.

  • SeattleSlammerSeattleSlammer Posts: 9,940 ✭✭✭✭✭

    JA is tough on gold .... hairlines kept it from the bean eh? ..... obviously it’s gotta be in-hand..... you going to keep it or replace?

    Congrats on all those Washies ....

  • breakdownbreakdown Posts: 1,921 ✭✭✭✭✭

    If you don't mind, could you explain how to set up the lighting? Thanks for sharing.

    "Look up, old boy, and see what you get." -William Bonney.

  • spacehaydukespacehayduke Posts: 5,057 ✭✭✭✭✭

    There is no one pickier on surfaces of gold coins than John Albanese. No one. This is why CAC gold is so precious, we wants them, yes we wants them..........


    Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
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