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Which of these coins would you rather own? AKA not all cameos are created equal.

RussRuss 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. image

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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

Comments

  • GaCoinGuyGaCoinGuy Posts: 2,761 ✭✭✭✭
    Unless the 2nd one is hairlined like King Kongs mother, I would take the 2nd one. I like the heavier Cameo, regardless of what the plastic says.
    imageimage

  • The second is a much better coin by far
    Jim Chandler
  • MyqqyMyqqy Posts: 9,777
    Assuming I'm not trying to make money in the short term, I would still prefer the 2nd coin- It's eye appeal is far superior to the first coin. Of course, the eye appeal would be even greater if it had an older date and a picture of an overweight and balding rebel... image
    My style is impetuous, my defense is impregnable !
  • StuartStuart Posts: 9,761 ✭✭✭✭✭
    Russ: I prefer the 2nd coin because the obverse appears to be a deep cameo -- perhaps the reverse held it back to "just" a cameo designation.

    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"
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭
    Great points Russ. Do you believe they are accurately graded at 68 and 67?
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Interesting comparison. Cameo makes more difference in appearance than then the minute difference between 67 and 68.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • melikecoinsmelikecoins Posts: 1,154 ✭✭
    Clearly #2 has a DCAM obv, but the rev as is usual holds it back.image

    Glen
    I don't buy slabs I make them
  • StuartStuart Posts: 9,761 ✭✭✭✭✭


    << <i>Interesting comparison. Cameo makes more difference in appearance than then the minute difference between 67 and 68. >>



    Exactly!! Well-stated MGoodM3 image

    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"
  • RussRuss Posts: 48,514 ✭✭✭


    << <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

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