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Will this coin CAC? 1874-S Trade $1 (ANA Coin #1) **RESULT POSTED 3/15/25**

P0CKETCHANGEP0CKETCHANGE Posts: 2,884 ✭✭✭✭✭
edited March 15, 2025 12:54PM in U.S. Coin Forum

_result posted in comment _

Another coin show, another CAC submission, another poll. Vote below the photos; all comments welcome.





Nothing is as expensive as free money.

Will this coin CAC? 1874-S Trade $1 (ANA Coin #1) **RESULT POSTED 3/15/25**

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This is a public poll: others will see what you voted for.

Comments

  • TennesseeDaveTennesseeDave Posts: 4,791 ✭✭✭✭✭

    I have no experience with CAC, but know a little about Trade $'s. The coin looks accurately graded but I'm not seeing much luster, but like the overall look of this coin. I don't know what JA looks for so I'm not voting, but it looks like a nice original coin to me. Good Luck.

    Trade $'s
  • lermishlermish Posts: 3,399 ✭✭✭✭✭
    Yes, Green CAC

    I will defer to more expert graders and numismatists on almost every topic but, I would wager that I have more experience submitting chopmarked T$s to CAC than anyone since Bruce Morelan sold his set. I was looking at the pop reports yesterday and I am responsible for something like 15-20% of the total population of stickered chopped trade dollars.

    That coin absolutely has the look of a CAC chopped T$. The surfaces are all there. The only variable is if it is a solid 58. Looking at it closely, there may be a touch too much wear for a solid 58. That being said, I still vote yes.

    chopmarkedtradedollars.com

  • pursuitoflibertypursuitofliberty Posts: 7,132 ✭✭✭✭✭
    Yes, Green CAC

    I'm 50/50, but think it might due to originality and the fact I think the luster may be enough from the images. It's a liner from what I can tell, and if it fails I believe it'll be just because it is not a strong enough as a 58. I like the coin, quite a lot.


    “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
  • BillJonesBillJones Posts: 34,418 ✭✭✭✭✭
    No, it won't pass

    I would not buy it as an AU-58 because it's too dull. CAC has given beans to pieces I would not buy, but generally I think that they want an AU-58 with more eye appeal.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • lermishlermish Posts: 3,399 ✭✭✭✭✭
    Yes, Green CAC

    @MFeld said:

    @lermish said:
    I will defer to more expert graders and numismatists on almost every topic but, I would wager that I have more experience submitting chopmarked T$s to CAC than anyone since Bruce Morelan sold his set. I was looking at the pop reports yesterday and I am responsible for something like 15-20% of the total population of stickered chopped trade dollars.

    That coin absolutely has the look of a CAC chopped T$. The surfaces are all there. The only variable is if it is a solid 58. Looking at it closely, there may be a touch too much wear for a solid 58. That being said, I still vote yes.

    I don’t have quite as much experience as you in submitting chopmarked T$’s, as I’m responsible for exactly 0% of the total population. 😉
    I voted “No”, due to what appears to be muted luster and my thought that the coin looks more like a 55 (or perhaps a just make it 58). Either way, it’s still a nice looking example.

    There are few threads that will fit my niche more perfectly than this one :D

    As mentioned, the grade is my only concern. I would bet a lot of money on a pass if it was in a 55 holder.

    I have a handful of uber-original coins like this that appear to have muted luster but come to life under a lamp. They routinely pass BUT as 50-53s. These are all stickered coins,




    (This one is a 58)

    chopmarkedtradedollars.com

  • 4Redisin4Redisin Posts: 249 ✭✭✭
    No, it won't pass

    I agree with the grade but not attractive enough for a sticker. Now I'll read the thread.

  • 4Redisin4Redisin Posts: 249 ✭✭✭
    No, it won't pass

    @lermish said:

    @MFeld said:

    @lermish said:
    I will defer to more expert graders and numismatists on almost every topic but, I would wager that I have more experience submitting chopmarked T$s to CAC than anyone since Bruce Morelan sold his set. I was looking at the pop reports yesterday and I am responsible for something like 15-20% of the total population of stickered chopped trade dollars.

    That coin absolutely has the look of a CAC chopped T$. The surfaces are all there. The only variable is if it is a solid 58. Looking at it closely, there may be a touch too much wear for a solid 58. That being said, I still vote yes.

    I don’t have quite as much experience as you in submitting chopmarked T$’s, as I’m responsible for exactly 0% of the total population. 😉
    I voted “No”, due to what appears to be muted luster and my thought that the coin looks more like a 55 (or perhaps a just make it 58). Either way, it’s still a nice looking example.

    There are few threads that will fit my niche more perfectly than this one :D

    As mentioned, the grade is my only concern. I would bet a lot of money on a pass if it was in a 55 holder.

    I have a handful of uber-original coins like this that appear to have muted luster but come to life under a lamp. They routinely pass BUT as 50-53s. These are all stickered coins,




    (This one is a 58)

    Now I see why you posted that the OP's coin may not be a 58. Your coins have much less wear and more luster. Oops, I went back for a look to ask you a question and then post a challenge and see that I was wrong -again. They all looked AU-58 to me with less wear than the OP coin but only one of yours was graded AU-58.

    Challenge: See PM

  • cmerlo1cmerlo1 Posts: 7,928 ✭✭✭✭✭
    No, it won't pass

    I see too much wear and not enough luster.

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • oldabeintxoldabeintx Posts: 2,224 ✭✭✭✭✭
    No, it won't pass

    Too much wear for sure and lacks luster. Also, take a look at her right arm. I don’t think it would sticker as a 55.

  • CopperindianCopperindian Posts: 1,941 ✭✭✭✭✭
    Yes, Green CAC

    It has the look of a 58 that also appears undisturbed. Nice example, although I don’t know much about Trade dollars.
    The luster does bother me a little, but with good lighting may appear better than the pics (which are still good, btw). Hard to know, but I’m pulling for the OP.

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian

    Retired sets: Soaring Eagles
    Copperindian
    Nickelodeon

  • orevilleoreville Posts: 12,105 ✭✭✭✭✭
    edited March 2, 2025 11:46AM
    No, it won't pass

    I voted no. That being said….. it is nice as a XF-45 to AU-53.

    A cursory look….. did not see the chopmark(s) . Oh, I found it on the reverse only.

    A Collectors Universe poster since 1997!
  • MFeldMFeld Posts: 14,080 ✭✭✭✭✭
    No, it won't pass

    @oreville said:
    I voted no. That being said….. it is nice as a XF-45 to AU-53.

    A cursory look….. did not see the chopmark(s) . Oh, I found it on the reverse only.

    @oreville said:
    I voted no. That being said….. it is nice as a XF-45 to AU-53.

    A cursory look….. did not see the chopmark(s) . Oh, I found it on the reverse only.

    XF45 and AU50 should be out of consideration.
    Here’s a picture of each:

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • WalkerfanWalkerfan Posts: 9,537 ✭✭✭✭✭
    No, it won't pass

    Toning doesn't look original. Also, I see no underlying luster.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

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

  • Baylor8670Baylor8670 Posts: 137 ✭✭✭
    No, it won't pass

    @P0CKETCHANGE said:
    Another coin show, another CAC submission, another poll. Vote below the photos; all comments welcome.





    PCGS charges 3% for conservation and that includes a grade guarantee.

  • VanHalenVanHalen Posts: 4,213 ✭✭✭✭✭
    No, it won't pass

    Not at 58. I bet it would at 53 and maybe 55. I like the look but the luster & eye appeal aren't quite what CAC would need to see at 58. As always ymmv.

  • alaura22alaura22 Posts: 3,402 ✭✭✭✭✭
    Yes, Green CAC

    It will be close as I feel it has enough meat for a 58

  • DDRDDR Posts: 1,607 ✭✭✭✭✭
    No, it won't pass

    Unlike @lermish, I am not number 1 in submitting chopmarked Trade Dollars to PCGS, but I bet I am in the top 10! What I have learned over the years is that grading chopmarked Trade Dollars can be a crapshoot. That said, the coin in question has a bit too much wear for my tastes to be a 58. But I could be wrong.

  • lermishlermish Posts: 3,399 ✭✭✭✭✭
    Yes, Green CAC

    @DDR said:
    Unlike @lermish, I am not number 1 in submitting chopmarked Trade Dollars to PCGS, but I bet I am in the top 10! What I have learned over the years is that grading chopmarked Trade Dollars can be a crapshoot. That said, the coin in question has a bit too much wear for my tastes to be a 58. But I could be wrong.

    Just CAC submissions, you've got me at PCGS I think ;) The real PCGS submission leaders are the people buying from the Chinese excavators though, I've seen some pretty massive runs of sequential cert numbers!

    chopmarkedtradedollars.com

  • 4Redisin4Redisin Posts: 249 ✭✭✭
    No, it won't pass

    @lermish said:

    @DDR said:
    Unlike @lermish, I am not number 1 in submitting chopmarked Trade Dollars to PCGS, but I bet I am in the top 10! What I have learned over the years is that grading chopmarked Trade Dollars can be a crapshoot. That said, the coin in question has a bit too much wear for my tastes to be a 58. But I could be wrong.

    Just CAC submissions, you've got me at PCGS I think ;) The real PCGS submission leaders are the people buying from the Chinese excavators though, I've seen some pretty massive runs of sequential cert numbers!

    Those coins would be corroded from the ground though, right?

  • coinkatcoinkat Posts: 23,545 ✭✭✭✭✭

    The better question would be whether one prefers a coin with surfaces like this... with the chopmarks or a CAC sticker?

    I will choose this or one with these characteristics more often over a CAC sticker.

    Nice coin and I would not lose sleep over the CAC question with this coin. It is a keeper.

    Experience the World through Numismatics...it's more than you can imagine.

  • P0CKETCHANGEP0CKETCHANGE Posts: 2,884 ✭✭✭✭✭
    edited March 15, 2025 1:01PM
    Yes, Green CAC

    @oldabeintx said:
    Also, take a look at her right arm. I don’t think it would sticker as a 55.

    I didn't want to respond while the voting was ongoing (so as not to sway the voting one way or the other), but the disturbances on Liberty's arm are a consequence being on the opposite side of the chop mark.

    Nothing is as expensive as free money.

  • coinkatcoinkat Posts: 23,545 ✭✭✭✭✭

    Excellent

    Experience the World through Numismatics...it's more than you can imagine.

  • lermishlermish Posts: 3,399 ✭✭✭✭✭
    edited March 15, 2025 1:37PM
    Yes, Green CAC

    Congrats! I'm pleased for you but not surprised with the result.

    Here is my previous 74-S (formerly AU55 CAC; now CACG AU55, the first CACG holdered chopped T$) and current 74-S (MS63 CAC)



    chopmarkedtradedollars.com

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