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Dang! Blown out of the Water!

braddickbraddick Posts: 24,809 ✭✭✭✭✭
I thought I was placing a nuclear snipe bid on this beauty but a couple of other bidders wanted it more than me!
I was surprised, to say the least, at the action within the last few seconds:

CAC Gold FRANLKIN

peacockcoins

Comments

  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    Wow

    Steve
    Promote the Hobby
  • SeattleSlammerSeattleSlammer Posts: 10,049 ✭✭✭✭✭
    I'm not surprised that PCGS put a + on it.......they seem to enjoy putting them on coins now that should be graded higher in the first place. Can't tell you how many + coins I've seen that were blatantly undergraded.
  • uofa1285uofa1285 Posts: 2,252 ✭✭
    Holy Cow! O.O
    Visit my eBay Store to see my (mostly) overpriced Rainbow Toned PCGS/NGC coins! IshopCoinShows4You
  • CameonutCameonut Posts: 7,384 ✭✭✭✭✭
    Kind of makes me wonder what the + means. (and the CAC gold bean for that matter).

    For cameo proofs, does the + mean
    1) it just misses a 66 instead of a 65?
    2) it just missses a dcam instead of a can?
    3) it just misses both 1 & 2?

    For the gold bean does it mean
    1) it should have been graded a 66 instead of a 65?
    2) it should have been graded a dcam instead of a cam?
    3) both 1 & 2?

    The pics on the ebay auction leave much to be desired - they are so bad, I can't even guess whether it deserves dcam status.

    But based on the three strong bidders, they must feel it has a shot at dcam otherwise their bids don't seem logical to me.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • DoubleEagle59DoubleEagle59 Posts: 8,377 ✭✭✭✭✭
    Looks like gold is coveted in more ways than one.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • michiganboymichiganboy Posts: 1,247 ✭✭✭
    it actually looks like a shill bid was placed to me, winner has 1 feedback score and only bid on this item. Just my 2 cents, I bet this item resurfaces soon back on the bay
    Positive BST transactions:michaeldixon,nibanny,
    type2,CCHunter.
  • pcgs69pcgs69 Posts: 4,357 ✭✭✭✭
    So... someone paid $370 for a probable PF66 1955 Franklin...

    What's wrong with this PF66 CAC 1955 Franklin for a BIN of $185? Link here


    edited to fix typo
  • BarryBarry Posts: 10,100 ✭✭✭
    Interesting comment: "IT HAS BEEN AWARDED THE GOLD STICKER BY CAC! WHAT THIS MEANS IS THAT CAC HAS APPROVED THIS COIN AS A PROOF 66 CAMEO. "

    So which is worth more - a 65+ Gold CAC or a 66 unstickered?
  • stealerstealer Posts: 4,035 ✭✭✭✭


    << <i>Interesting comment: "IT HAS BEEN AWARDED THE GOLD STICKER BY CAC! WHAT THIS MEANS IS THAT CAC HAS APPROVED THIS COIN AS A PROOF 66 CAMEO. "

    So which is worth more - a 65+ Gold CAC or a 66 unstickered? >>


    Answered by the post above yours.
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭


    << <i>it actually looks like a shill bid was placed to me, winner has 1 feedback score and only bid on this item. Just my 2 cents, I bet this item resurfaces soon back on the bay >>



    That was my first thought as well.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    I agree shill.

    Bidder Information
    Bidder: 5***v( 1 )
    Feedback: 100%Positive
    Item description: Item Title: 1955 FRANKLIN HALF DOLLAR PCGS PROOF 65+ CAMEO CAC GOLD STICKER!
    Bids on this item: 3
    30-Day Summary
    Total bids: 3
    Items bid on: 1
    Bid activity (%) with this seller: 100%
    Bid retractions: 0
    Bid retractions (6 months): 0


    BTW it's not worth that much even with the gold and the + IMO.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    You could just buy 2 pr66 camoes, crazy!!
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • ajmanajman Posts: 1,359 ✭✭✭
    There's a sucker born every minute.
    Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
  • "I'm not surprised that PCGS put a + on it.......they seem to enjoy putting them on coins now that should be graded higher in the first place. Can't tell you how many + coins I've seen that were blatantly undergraded." - SeattleSlammer

    What would the result of that be?.. .


    Hi All,

    is my memory going or does/did gold denote an undergraded coin in the opinions of the sticker placers? That's a little more than agreeing fully, no? And that would be "undergraded" to whose standards? If W thinks X is essentially wrong say, 2/3 of the time, then why should I place an added premium for X getting it "right" only 1/3 the time? The other 1/3 that get a premium (larger it seems), for getting it "not right enough" one can see, but if X and W are using just a few criterion differently to arrive at these numbers then...what are they worth to each other in relation (I ONLY mean in terms of interaction with each other) as in this scenario? It's like that old Jackson 5 song "It's easy as A,B,C..." image

    Eric


  • << <i>Kind of makes me wonder what the + means. (and the CAC gold bean for that matter).

    For cameo proofs, does the + mean
    1) it just misses a 66 instead of a 65?
    2) it just missses a dcam instead of a can?
    3) it just misses both 1 & 2?

    For the gold bean does it mean
    1) it should have been graded a 66 instead of a 65?
    2) it should have been graded a dcam instead of a cam?
    3) both 1 & 2?
    >>



    If I were a businessman in some other arena, I'd like l these variations on products or items I sell very much! image Re your question above - maybe....all? Then one could see what they want to so speak, or at least pursue it. And if one can't divine the answer - what is the recourse, again?

    Eric

  • This is a sincere question:

    I posted a similar thread ( before I read this one) regarding this exact same auction trying to determine if CAC meant that much of a premium over PCGS price guide. My original thread title used the words "gold bean" and it was pulled. I reposted using "CAC sticker" instead. Not only was it pulled, I was banned from the site. I immediately emailed PCGS (and later called) and was informed that I was "suspected" of being a previously banned poster.
    Obviously, my "posting privileges" have been restored after "confirmation of my PCGS membership" but only until they can "check my IP address to confirm that I'm not the previously banned poster".

    Needless to say, I'm pretty pissed about this whole situation, as I've had nothing but glowing praise for PCGS and had never mentioned CAC until this recent post which was made simply to "learn" about the value of CAC stickers.

    Now for my question: Was there a previous poster who slammed PCGS and/or CAC? And wouldn't it be better to do your "investigation" of IP addresses because of "suspicions" before banning someone?

    Sincerely,
    ClinkinKY
    "The more you complain, the longer God lets you live".
  • bttt because of time zones
    "The more you complain, the longer God lets you live".
  • bttt for final time hoping to get an answer to my first question.
    "The more you complain, the longer God lets you live".
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    "yes" and "yes".

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