What Does One Generally Do with CAC/Gold Coins?

UMCane

This is my 1st 2016 pickup for my "Depression era/Art Deco" showcase. I could not pass it up as I think this is largely under-graded.


Since recently re-entering the the coin collecting relm, some thoughts would be helpful. What do you think is the true grade of this coin and do you re-holder it?

It's graded as MS65 CAC/Gold OGH

GRANDAM

MS65 1938-D Buffalo's are plentiful.



Your coin is worth more the The Gold Bean.



The OGH Holder is a plus as well.



I suspect it is a MS66 coin.

CaptHenway

Looks overgraded to me.

jonruns

Not sure why you would re-holder it...will it look better in your showcase in a MS-66 holder?? Are you willing to take the risk that it comes back in a MS-64 holder or you lose the green bean? Buy the coin not the holder.

ChangeInHistory

I'd leave it.

keyman64

For that one, leave it.

messydesk

From the pictures posted, I don't like it as a 66. If you want a 66, just buy one, since they're plentiful and only $15-20 more than a 65. I hope you didn't pay a huge premium for the festooned holder.

BillJones

Originally posted by: CaptHenway
Looks overgraded to me.

I agree the coin is maxed out at the MS-65 grade. It has scratches on the Indian's face, and there are marks on the shoulder of buffalo. There are also marks in the field. It probably gets its grade from lots of luster, but that does not make up for the marks which suggest MS-64 to me more than MS-65.

Leave it in the holder with the gold CAC sticker. There are many who believe that the MS-65, gold CAC is better and worth more than MS-66. You are financially better off with that, and that combination will impress more people. The 1838-D Buffalo is common in Mint State, and one in MS-66 is not a big deal. One with a gold CAC sticker is a lot rarer.

garrynot

I agree with the consensus. It's more of a conversation starter than anything else.

291fifth

It's not worth the cost of reslabbing. 1938-D Buffalo Nickels are ultra-common in high MS grades. The gold bean is nice and will make it very easy to sell. Just leave it as it is.

etexmike

With the group on this one. I like the coin as is.





Mike

UMCane

Thank you all. I'ts a legacy coin for a family collection, not an investment. Rarity is not a primary consideration. PCGS, Visual appeal, MS65 or better, plus CAC make for a really nice baseline for the collection.



You are all very helpful in sharing your individual expertise.