registry set bonus errors

lasvegasteddy

i recently acquired a 1937 pr64rd cam lincoln and notice by all rights this coin should be awarded for red too....but being it's cam...that's the only bonus awarded

in the 36' to 42 lincoln proofs by all rights this should be a 67 coin as 2 points for cameo and 1 point for red

am i wrong or missing something here?

it sure would change some things if this was corrected

WaterSport

I guess you could say it keeps the comparison of a RED pr 67 coin in equal value to CAM 66 proof. Changing this would put the CAM way ahead. This may need some further debate on how imporatnt the cams vs grade really are.

Let me muddy the waters even more by saying they should elevate the satin by one more point...

WS

DMWJR

More weight should be given to the cams of 1936-1942 over their red counterparts.

Steve

<< <i>More weight should be given to the cams of 1936-1942 over their red counterparts. >>



Doug,
I agree with you on that, but, when was the last time you saw a RB or BN Lincoln cent in CAM condition? I think PCGS assumes that if they grade a Lincoln cent as cameo, it will qualify as a RED, meaning at least 95% red coloring.
Steve

lasvegasteddy

it's just some cameo attributed coins do not receive red color designation but...some do

i would think a red cameo should should have a separate coin number and receive the red bonus over just a cameo attributed coin

they truly are 2 different coins just as plain proofs are separated by color too

<<<I agree with you on that, but, when was the last time you saw a RB or BN Lincoln cent in CAM condition? >>>

only certain cameos have the rd as with these examples...ones a r/b and the other full red...sorry about the scan quaility...both these receive the same set bonus

RBinTex

Ted,

A coin gets the highest bonus to which it is entitled (bonuses are not cumulative). If a Red Cam it gets the Cam bonus (as RED is redundant as far as PCGS is concerned - see below).

As a practical matter there is neither an implicit difference viv-a-vis nor an intended differentiation by PCGS between a slab being worded as 65RD CAM or 65CAM. They are the same (again, see below).

PCGS' policy is & has always been that if it's CAM or DCAM it is automatically RED as well (for copper).

ANACS & NGC have differed in the past (not sure if they still do it this way) in that they have graded RB Cams - especially Indian Proofs in the case of NGC, e.g.

Hope I understood you and addressed your points.

DMWJR

Steve, my assumption was this was a registry weight question between RD and "RD CAM," and I did not consider RB coins. To my knowledge, PCGS will not give a CAM designation to an RB coin regardless of how cameo the coin appears.

The holders that use the "CAM" designation were the first ones PCGS used when they started making the designation. If I'm not mistaken, it was sometime in 2002 for the 36-42 series. A few years later they started using the "RD CAM" designation (maybe in 05 or so). I don't think PCGS was doing this because they thought at some point they would designate "RB CAM" coins. I think they did it to evidence their policy that the cameo coins they would certify as cameo were only going to be red coins.

DMWJR

I meant to also mention that it is unlikely that they will ever make a DCAM for the 36-42 Lincolns, due to the way the coins were made. Typically, the fields are not deep enough, and the frost is very thin on the bust. There are many with nice frost on the date, Liberty, and the motto, but it is very light or non-existent on the bust. Beware of those that have a filmy frost that bleeds into the fields. There were a few doctors early on that got some bogus CAM designations. I believe the current pops are overstated with respect to true cameo 36-42 Lincolns.

If a DCAM is made, it is likely that it will be a 38 or 42, as they have the most frost on the bust and deepest fields. I think it is unlikely that PCGS will ever make one. Interestingly, a 37 in 66 was the first one made (by a collector), and was quickly followed by a 36 in 66CA, which was sold by DHRC in 02 or 03, never to be seen again.