Submission results - NGC tightens, PCGS tightens more but fairly consistent - one upgrade.

Russ

These were my Collector's Club upgrade certificate coins - pay for econony, get regular.

Submission #3051294

LINE # CERT # COIN DATE DENOMINATION VARIETY COUNTRY GRADE
1 21627393 1964 50C Accented Hair USA PR68
(cracked out of a PR67 holder - thought 66CAM)
2 21627394 1964 50C Accented Hair USA PR67CA
(cracked out of a 67CAM holder - thought 66DCAM)
3 21627395 1967 50C SMS USA MS67CA
(cracked out of a 67CAM holder - thought 66DCAM)
4 21627396 1967 50C SMS USA MS66CA
(cracked out of an NGC 66UCAM holder - thought 66DCAM - lost my butt on this one)

Date Received: 06/11/2004
Date Shipped: 07/14/2004

Commentary and coins:

Line #1:

I'll be damned if I can remember which of my images this one is. Sorry. Anyway, it's a shot cameo that graded PR67 the first time around. Very attractive, with extra eye appeal because of the contrast. I was figuring if it did slide in to a cameo holder, it would go PR66. PCGS went the other way and rewarded it with a one point bump rather than the designation.

Line #2


This is twice for this one at PR67CAM, pretty consistent. It is right at the very upper-end of the scale for cameo and I still think that one day it could slide in to a DCAM holder. It has now been 13 months since PCGS has granted the DCAM to an Accented Hair in any grade.

Line #3


This is my birthmark die example. Was a 67CAM, still a 67CAM. It's one of only two I've ever seen that didn't grade DCAM at PCGS. In the past, these were pretty much automatic when the birthmark was that prominent. That's how tough they are right now.

Line #4


Cracked out of a recently graded NGC MS66UCAM holder. A very strong coin. The coin has all the characteristics that in the past would have put it in a PCGS DCAM holder. It's one I'll hang on to for a while and look at submitting again.

Russ, NCNE

ss350camaro

Nice coins Russ.

Wolf359

Looks like you did great on that PR68. Can I ask why you cracked out a coin (#3) you thought would downgrade? And what is a birthmark die?

Russ

<< <i>Can I ask why you cracked out a coin (#3) you thought would downgrade? And what is a birthmark die? >>



I thought it would grade 66DCAM, which is better than the 67CAM it was graded. PCGS can go either way with cameos and deep cameos. What is really a 66DCAM can be graded 67CAM, and vice-versa. Or a brilliant with nice contrast can get a bump but no designation. It's the "overall look" approach to grading that they use, rather than a strictly technical approach.

The birthmark is the small shiny patch in JFk's hair. It's caused by a minor depression in this particular obverse die. One of these is the plate coin example for the 1967 SMS in Tomaska's book on cameo coinage.

Russ, NCNE

MadMarty

If the coins are anything like your photos, I would say PCGS has tightened the screws on the DCAMs fot the silver halves. Those coins look solid!

eagle7

I agree with you Russ. I got an economy order back a few weeks ago which had a 55 qtr which made 67DCAM at PCGS. A week later I got a regular submission back with one of the coins being another 55 qtr which I thought was an equal of the DCAM as far as the cam went. It got a 68 CAM. I didnt squawk too much about it but it just shows how things can end up.

ksteelheader

Still some nice grades there, though!

oldcameoproofsguy

Geez, I can't believe that you didn't get a DCAM on at least a couple of those coins. From the images all of them look pretty solid. I think that you're right and someday at least one or two of them will eventually be in DCAM holders.

tmot99

Is it worth Presidential review? I'm not up on the resubmission costs for PR nor the added value if they went up the grade/designation. Sorry if it's a stupid question.

Russ

tmot99,

I'm not a fan of the Presidential Review deal. The same graders make the decision, and the likelihood of them admitting they were wrong is not all that great. The only real difference between it and a regular submission is that it comes with a note from David Hall explaining why it didn't get the grade. I already know why - PCGS is tighter than a bug's butt right now.

Russ, NCNE

razorface1027

Russ;
That 64's gorgeous.

seanq

<< <i>[
I thought it would grade 66DCAM, which is better than the 67CAM it was graded. PCGS can go either way with cameos and deep cameos. What is really a 66DCAM can be graded 67CAM, and vice-versa. >>



Amen to that. Exhibit B, graded about a month ago:




Sean Reynolds