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Sometimes PCGS's inconsistency with the cameo designation can pay off handsomely.:-)

RussRuss Posts: 48,514 ✭✭✭
PCGS Order Status for Invoice # 3038413

LINE # CERT # COIN DATE DENOMINATION VARIETY GRADE
1 40028612 1965 50C SMS MS67CA
2 40028613 1967 50C SMS MS67CA
3 40028614 1970-S 50C PR68DC
4 40028615 1970-S 50C PR68CA
5 40028616 1970-S 50C PR68DC
6 40028617 1968-S 50C PR67CA

Date Received: 11/01/2002
Date Shipped: No Date Specified


Line #1 BINed here for $45 as an MS67 no CAM.

Comparing it to the other coins he had listed at the same time from the same submission batch, I figured that R&I got screwed on the cameo designation. Cracked out, resubmitted and it's now a cameo.

Line #2 BINed here for $30 as an MS65CAM.

Looking at this one, I figured that the only reason it was stuck in a 65 holder was the spotting and residue in the fields. Cracked out, dipped, resubmitted and it's now a 67.

A good day at the submission trough.image

Russ, NCNE

Comments

  • gmarguligmarguli Posts: 2,225 ✭✭
    Sometimes PCGS's inconsistency with the cameo designation can pay off handsomely.

    Not to the poor guy who submitted that first coin. He lost about $400.

    How about those other grades? Are you happy with them? Do you think PCGS was fair/accurate?
  • What!? No AH in this batch? Are you feeling alright lately?

    Dan
  • Oh and by the way, nice invoice!
  • RussRuss Posts: 48,514 ✭✭✭
    Greg,



    << <i>Not to the poor guy who submitted that first coin. >>



    The "poor" guy who submitted the first coin is world renowned for his skills in cameo coinage. I'm surprised he didn't crack it out and resubmit it himself.



    << <i>How about those other grades? Are you happy with them? Do you think PCGS was fair/accurate? >>



    The other four I had expected 67DCAM on all. Matter of fact, the first two I was expecting 66CAM. So, I was off on every coin. I think I've become a bit gun shy.

    Russ, NCNE

  • gmarguligmarguli Posts: 2,225 ✭✭
    The "poor" guy who submitted the first coin is world renowned for his skills in cameo coinage. I'm surprised he didn't crack it out and resubmit it himself.

    He may have purchased it already slabbed. Or he might have resubmitted it several times without luck.


    I was off on every coin. I think I've become a bit gun shy.

    I was hoping you weren't going to say you expected them to grade higher. I was stupid and shipped off over 100 coins to PCGS. I know I'll probably regret it and get screwed on the grades, but every report of coins coming back higher than expected makes me smile. image
  • nwcsnwcs Posts: 13,386 ✭✭✭
    So when is dorkkarl going to chime in? image
  • PlacidPlacid Posts: 11,299 ✭✭✭
    Enocomy or regular submission?
  • RussRuss Posts: 48,514 ✭✭✭
    Greg,

    If he bought it already slabbed, he bought an entire submission of '65 to '67 SMS coins already slabbed. He had a couple dozen listed at the same time that were all from the same batch.

    I think you're 100 coins will all grade at what you expect or higher.image

    Placid,

    Modern.

    Russ, NCNE
  • braddickbraddick Posts: 24,184 ✭✭✭✭✭
    Greg- PCGS loves you. May each of those 100 State Quarters grade out at least MS66. image

    peacockcoins

  • gmarguligmarguli Posts: 2,225 ✭✭
    Braddick - PCGS hates me. The only state quarter in that batch is one that you'll probably want for your collection. It's a lightly circulated proof. image The rest was mainly early MS Memorial Lincoln cents (about 95) and a nice mixture of stuff, including 1 Jefferson that should - fingers crossed - easily grade out to be the finest known for that date, but it isn't FS. image

    Oh, there is also a Sacagawea that should go MS68. That's got to be a major rarity. image
  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    Nice going Russie!!!!image
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • RGLRGL Posts: 3,784
    How that 65 escaped a CAM the first time around is beyond me! Good eye, Russ! I am soon sending off two raw JFKs (may the coin gods forgive me) that I judge to be 1967 SMS MS-67 CAM and 1970-S PR-68 DCAM. I hope they didn't give all those grades away to you, Russ. Save a couple for us dabblers. image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>What!? No AH in this batch? Are you feeling alright lately? >>



    Dan,

    There's another submission in right now that has Accented Hairs on it.image It arrived on the same day, but it's economy so it's not done yet.

    Russ, NCNE

  • DHeathDHeath Posts: 8,472 ✭✭✭
    Russ,

    You're making me feel better about your grading contest. I thought then the 65 was a solid cam, and the 67 had dip residue probably causing a downgrade. I thought they'd take away the cam on the 67 though because of the problem. Looks like you cleared it up. Good invoice. Based on your results, do you think maybe the guys are getting a little more serious about the submissions?
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • "There's another submission in right now that has Accented Hairs on it."

    Oh good, there is order in the universeimage

    Out of curiosity-What percentage of the current PCGS population of AH's are your responsible for?


    Dan
  • DMWJRDMWJR Posts: 6,010 ✭✭✭✭✭
    At the local show I went to last month, I saw a rack of freshly graded Franklins that were bordering on DCAM. Not one of them even had the CAM designation. The dealer was pissed. He knew better than to sell them to me for anything less than a CAM designation. I'm sure he will resubmit. This was before the HNWO (that's read "HALL NEW WORLD ORDER"), so maybe they will lighten up. Three dealers were standing there griping about PCGS really cracking down on the CAM and DCAM designation over the last few months. These guys submit on a regular basis, so I know they were legit.

    Doug
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>This was before the HNWO (that's read "HALL NEW WORLD ORDER"), so maybe they will lighten up. >>



    Doug,

    Hehe, maybe I'll crack out my avatar and resubmit it.image PCGS graded it 68CAM and it's every bit as DCAM as any I've seen.



    << <i>Out of curiosity-What percentage of the current PCGS population of AH's are your responsible for? >>



    Dan,

    It wouldn't be a very large percentage. There are over 700 Accented Hairs graded, and I only have 32 graded so far. Have four more in for submission right now, four more in my cabinet awaiting submission, and three more raw on the way though.image

    Russ, NCNE
  • DMWJRDMWJR Posts: 6,010 ✭✭✭✭✭
    I have three 50's Roosevelt Proofs that are serious cakey DCAM's with only a CAM designation. One is a 1955 PR69CAM (2/0) which I KNOW is a 69DCAM (1/0). I have this coin in 68DCAM also, and there is NO difference. Another is a 1959 PR69CAM, which is really a DCAM. I have another that did get the 69DCAM designation, and you can't tell them apart, under 10X or 40x.

    Go figure?!?!?!?!?
    Doug
  • See what happens when you send 'em in "raw"!!!!! *ugh* Must be time to crack out those 2 recent x-overs that I got screwed on both grade and CAM/DCAM designation! BTW Russ........ YOU'RE A BUM!! image
    ahhhh....... SODO MELVIN?????

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