Good Deal??
MadMarty
Posts: 16,697 ✭✭✭
It is not exactly cheating, I prefer to consider it creative problem solving!!!
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That coin is a perfect example of the shifting standards at PCGS. If it were submitted today, it would not make the DCAM designation; it most likely wouldn't even receive the 69 grade. An excellent illustration of how dangerous it is to rely on the label - even when that label is PCGS. They were very loose during the period that one was graded.
I have recently graded 68CAMs that look better than that coin - including the coin pictured as my avatar.
Russ, NCNE
With the price where it is I have been looking at it very hard... Maybe a snipe!!!
Grade Coin World
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Wholesale Coin
Universe Heritage
Value Index
68 --- --- --- $595 ---
69 --- --- --- $3,250 ---
70 --- --- --- --- ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
3250??? uhhhh..... Ill get back to you on this.
Re-elect Bush in 2004... Dont let the Socialists brainwash you.
Bush 2004
Jeb 2008
KK 2016
<< <i>3250??? uhhhh..... Ill get back to you on this. >>
Like most of the other prices they have listed, that is substantially over what the market is bringing. Real auction range is between $1200 and $2000. Highest I've seen was one that sold last Spring for $2750, but it was an absolute monster that R&I had listed - and none have come close since.
Russ, NCNE
Linky
That one looks solid for the grade. The AH in 67CAM is about a $350 coin right now - unless it's on Teletrade where it would go to stupid money and than end up being a "not sold".
Russ, NCNE
Eisenhower Dollar, BU
Set Incomplete:
Roosevelt Dime
1900 - Current Type, No Gold
Silver Eagle
On the grade guarantee thing, If I get the coin say for $1000 and it's not a PR69DCAM. How does PCGS figure out what to refund???
I don't know how it works since I've never used it. But, I think since it's they who decide whether or not the grade is correct, the odds would not be in the submitter's favor - unless, of course, said submitter is a major dealer that can bring on some heat.
Thus, only an idiot would offer the suggestion that the coin should be purchased on that premise.
Russ, NCNE
Did you go for it? I went after the 67CAM Accented Hair and was high bidder at the end.
Russ, NCNE