CACG*
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I was looking at a NGC coin that has a "*." Not quite sure what it meant I went to the NGC website and learned.
"NGC assigns its trademarked Star Designation to coins with exceptional eye appeal for their assigned grade.
It's important to remember that coins with the Star Designation can fall anywhere within the grades to which they are assigned. For example, a coin graded NGC MS 64 could be at the lower end, mid-range or higher end of NGC MS 64."
Much of the criticism of CAC is that their coins sometimes are unattractive. Would a * help at CACG?
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No.
What if your star coin isn't attractive to me?
NGC does state
"Eye appeal is the most subjective attribute of a coin, but there are many standards shared by numismatists."
Exactly. Our dear lost friend RickO probably hated 75% of star coins because of the "tarnish".
@jmlanzaf ricko didn't hate toned coins he preferred them. He actually hit the like button many times on some of my toners. A star isn't only for toners, there are quite a few blast white coins with the star designation. Eye appeal is very subjective, but a star coin most likely stands out from the crowd.
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He definitely did NOT prefer "tarnished" coins. He hated all tarnish. He never called it toning. He always called it tarnish. We all thought of him as Mr. Blast White.
However he was always a gentleman and generous with the likes.
I'm well aware of the star not being only for toned coins. But you will find the majority of them, hence my "75%" not being blast white.
@DisneyFan You answer your own question in your post. NGC assigns its trademarked star designation.....
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https://forums.collectors.com/discussion/999309/no-tarnish-allowed-thread-for-ricko
@jmlanzaf that came out wrong. Still on my first coffee. He preferred them white is what was meant to be typed.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
I think grading is complicated enough without stars, and they don’t really tell us anything that’s not obvious enough to anyone looking at the coin.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Do you feel the same about PCGS using the + with a grade?
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"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I personally feel that some coins that don't hit the PL or DMPL spot but have a nice cameo or have really nice toning are worthy of a star. If CACG added the star designation I don't think it would do any harm. It may bring a little premium to a coin from time to time. That's not a bad thing.
Student of numismatics and collector of Morgan dollars
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@150K they aren't allowed to add the star because its trademarked.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
Your hobby is supposed to be your therapy, not the reason you need it.
Your hobby is supposed to be your therapy, not the reason you need it.
Gotcha
I knew somebody was going to point that out.
The point I was trying to make was at NGC
" It's important to remember that coins with the Star Designation can fall anywhere within the grades to which they are assigned. For example, a coin graded NGC MS 64 could be at the lower end, mid-range or higher end of NGC MS 64."
Does this mean that no other grading company can use star or * on the labels? I actually think the stars help because it causes me to take a second look at a coin I might otherwise pass over to examine it closer for the beauty or unique quality. I wish pcgs would incorporate a star type designation for coins.
One of the 75%?
Learn something new everyday. Thank you
Student of numismatics and collector of Morgan dollars
Successful BST transactions with: Namvet Justindan Mattniss RWW olah_in_MA
Dantheman984 Toyz4geo SurfinxHI greencopper RWW bigjpst bretsan
@1madman yes it means only NGC can use the star designation.
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I can't imagine the star trademark would uphold in a court. How can a company prevent another from giving a star to a coin? It's like trademarking the +.
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Search the database to see what is actually trademarked... (they don't seem to generate deep links)
Notice what is trademarked is the words "The NGC Star Designation" not the star itself...
ANA 50 year/Life Member (now "Emeritus")
That makes more sense. So CACG better not call their * the NGC Star Designation! 😂
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Are there any * coins with a +?
Absolutely,
Here is one recently discussed
https://forums.collectors.com/discussion/1094429/a-somewhat-surprising-upgrade-a-coin-that-came-from-someone-on-this-forum#pagetop
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No. Technically PQ coins aren't as obvious to non-experts as "exceptionally pretty" coins are. So if PCGS can reliably and consistently identify technically PQ coins, using plus signs can only help.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Yes.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I would venture to guess, not knowing if the timelines correspond that the NGC star has something to do with registry collecting. Since eye appeal is subjective and basically the star is saying NGC believes the coin is prettier than other coins in the same grade. Unless NGC is attempting to train us to see beauty in coins from their point of view. Yes, most coins I’ve seen with a star designation are attractive. Some I feel are middle of the road. But if I’m in the NGC registry and * get extra points the thought May have been it would drive submissions of colorful coins to them.
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Maybe they can use a diamond to rival the NGC star?
My answer to this question is yes. As I have stated elsewhere, plus grading benefits dealers, TPGs and registry competition but not collectors. I understand why CACG had to go along with plus grading, but I don’t have to like it.
We have too many grades and I believe JA has stated that he is not a fan of plus grading either. So I am in decent company on this point.
"Look up, old boy, and see what you get." -William Bonney.
If PCGS can't use a star then could always do this for example
MS65+PQ r MS65PQ.
I'm being serious. If it's top of the grade I myself don't believe in the + but that's just me.
My argument for that is if a coin is a 65+ that means its a low end 66. How can it be a 65+?
The star makes perfect sense and I think it's a good thing.
Student of numismatics and collector of Morgan dollars
Successful BST transactions with: Namvet Justindan Mattniss RWW olah_in_MA
Dantheman984 Toyz4geo SurfinxHI greencopper RWW bigjpst bretsan
Brialliant vs toned is a preference. Until they have a full rollout…..who knows.
I did see where a CACG MS64 1885-O dollar went for $112.50 in an ebay auction. Frankly I thought it would be bid up considerably higher aka the bid stampede on the sample slab state 25c pieces. It was a very nice brilliant piece with super luster. My focus / how will they be trading - auc vs CAC CPG?
I've always felt that * designation was just another gimmick and I'd never pay any type of premium for that designation unless the coin itself stood on its own merits. PCGS made the correct decision IMO by not having such a silly and arbitrary designation.
Your hobby is supposed to be your therapy, not the reason you need it.
If that’s the case, how do you feel about designations such as “First Strike”, “First Day of Release”, Early Release”, etc.?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
<<< If that’s the case, how do you feel about designations such as “First Strike”, “First Day of Release”, Early Release”, etc.? >>>
In order not to be disrespectful to our hosts here, I would keep my opinions regarding those designations to myself.
Your hobby is supposed to be your therapy, not the reason you need it.
Fair enough - thanks.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
** But if I’m in the NGC registry and * get extra points the thought May have been it would drive submissions of colorful coins to them.**
It worked.
I recently sent five dark side toners in ATS, figuring at least two would *, and none did. I was quite happy with the grades overall though.
They could just use a different character or other indicator.
Or an eye ball for "eye appeal". Lol
I'll answer: I don't care about any of those designations. It's marketing.
[I also don't care about registry points or registries, because that's also just marketing.]
And for what I collect, I don't even care if it is in a slab at all. Although I prefer slabs when buying coins that I have not seen in person.