Which of these coins would you rather own? AKA not all cameos are created equal.
Russ
Posts: 48,514 ✭✭✭
The following two coins are both graded cameo. Assuming the asking price is the same, which would you rather have? Note: For those so inclined the answer, "I wouldn't want either, they're Kennedys" is too predictable. Try to at least be creative.
Obviously, the second of the two is the clear choice. There's no real comparison. The first barely made it in to a cameo holder, the second barely avoided a deep cameo holder. There's an enormous range within which a coin can be designated cameo by the grading services. Yet, the first would likely realize substantially more money if sold in to the sight-unseen market. Why? Because it's graded a point higher.
The first is a PR68CAM, the most recent eBay example if which hammered down at $1025. The second is a PR67CAM, the most recent eBay example of which hammered down at $405. Quite a spread, isn't it? Many collectors are buying coins in the sight-unseen market now, and sometimes I wonder how many realize just how much cameo contrast can vary, and how many others just assume a cameo is a cameo is a cameo.
Russ, NCNE
Obviously, the second of the two is the clear choice. There's no real comparison. The first barely made it in to a cameo holder, the second barely avoided a deep cameo holder. There's an enormous range within which a coin can be designated cameo by the grading services. Yet, the first would likely realize substantially more money if sold in to the sight-unseen market. Why? Because it's graded a point higher.
The first is a PR68CAM, the most recent eBay example if which hammered down at $1025. The second is a PR67CAM, the most recent eBay example of which hammered down at $405. Quite a spread, isn't it? Many collectors are buying coins in the sight-unseen market now, and sometimes I wonder how many realize just how much cameo contrast can vary, and how many others just assume a cameo is a cameo is a cameo.
Russ, NCNE
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That's the kind of frost that I like to see on my PL/DMPL Morgans...
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
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Glen
<< <i>Interesting comparison. Cameo makes more difference in appearance than then the minute difference between 67 and 68. >>
Exactly!! Well-stated MGoodM3
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
<< <i>Do you believe they are accurately graded at 68 and 67? >>
Yep, I think they got these right. The PR67CAM has a bit more shield chatter that the PR68CAM.
Russ, NCNE