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...why in the world do you put a CAC sicker on a PO01 coin?

SeattleSlammerSeattleSlammer Posts: 10,048 ✭✭✭✭✭
For the lowball collectors: isn't the worst possible example most valuable?

Seriously.

This has always bugged me.

Comments

  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    How about a gold CAC? That would really be a mind twister....



    I guess since lowball collecting is pretty much a lark to begin with, a CACed P-01 is even more of a lark?
    Easily distracted Type Collector
  • lordmarcovanlordmarcovan Posts: 43,760 ✭✭✭✭✭
    Originally posted by: TommyType

    How about a gold CAC? That would really be a mind twister....



    I guess since lowball collecting is pretty much a lark to begin with, a CACed P-01 is even more of a lark?




    This is better than any answer I could come up with.



    Putting a CAC bean on a lowball coin seems counterintuitive, because as you indicated, if you get the bean, it's the opposite of what it normally would be.



    In a mainstream collection, with a Mint State coin, the bean is a good thing- it tells you the coin is strong for the grade.



    But in a lowball collection, it's an admission that your lowball coin is not as lowball as the other lowballs. Go figure.



    image



    I like TommyType's answer, since I don't think there is any other sensible one.



    Like the Talking Heads said, "Stop Making Sense". I think we're probably overthinking it. The whole thing's a lark.



    If you ask me, it's a way of saying, "Hey, look! I wasted money sending this coin to a TPG, so why not waste more money sending it to CAC as well?"



    And everyone laughs.



    Why not. To each his own.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • CascadeChrisCascadeChris Posts: 2,528 ✭✭✭✭✭
    This question comes up from time to time. My idea is John starts using black beans for p01 or p02 to say solid for the grade and also grey for p02 to say overgraded
    The more you VAM..
  • There are many things in this world that are un-explainable. This is one of them. There are plus grades so why not minus grades? A P01- grade would be worse than a P01. The worst of the worst. Just as some ms coins are better than others, some P01 coins are worse or more worn then others.



    You are right- a P01 coin takes it out of the purpose it got the P01 grade for to begin with. I would think that a P01 coin in the registry set without a CAC sticker would be worth more pts than one with a CAC sticker.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I have never understood the PO1 fixation to begin with, however, it certainly is an area that some collectors enjoy... regarding the CAC sticker, the green means 'solid grade'...not better... JA is simply saying "Yes, I agree"... Cheers, RickO
  • ashelandasheland Posts: 23,706 ✭✭✭✭✭
    I agree, the green just means it a "solid" poor 01.
    This is one ONLY time you don't want the gold bean! image
  • messydeskmessydesk Posts: 20,279 ✭✭✭✭✭
    Originally posted by: ricko

    I have never understood the PO1 fixation to begin with, however, it certainly is an area that some collectors enjoy... regarding the CAC sticker, the green means 'solid grade'...not better... JA is simply saying "Yes, I agree"... Cheers, RickO


    I guess, then, it begs the question of what a PO1 that was rejected for a sticker means. Is it a low-end PO1 or too close to FR2?



  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭
    One again some are losing focus on what the CAC sticker means. Please remember that if the Green Sticker was just an indication of Grade accuracy (i.e. Top 2/3's of the coin in a grade or as Albanese explains A and B Coins). You would think, that by definition, about 2/3s of coins would get the sticker, but that is not the case. In fact, the last stat I saw was that it was about 27%. What explains the difference? The OTHER very important attribute that the sticker represents! ORIGINAL SKIN! Imagine a PO1 coin with a bean on it means that it has never been inappropriately adulterated. The whole idea of collecting Low Ball Coins is that they made it to that stage without become details coins! That is no small feat and in fact rare. With the Bean, you are seeing that not only are they true for the grade, but the surfaces seem to natural.



    MLAeBayNumismatics: "The greatest hobby in the world!"
  • stevebensteveben Posts: 4,634 ✭✭✭✭✭
    Originally posted by: messydesk

    Originally posted by: ricko

    I have never understood the PO1 fixation to begin with, however, it certainly is an area that some collectors enjoy... regarding the CAC sticker, the green means 'solid grade'...not better... JA is simply saying "Yes, I agree"... Cheers, RickO


    I guess, then, it begs the question of what a PO1 that was rejected for a sticker means. Is it a low-end PO1 or too close to FR2?







    could it mean that the coin is a legit PO-01...not one purposely made?

  • stevebensteveben Posts: 4,634 ✭✭✭✭✭
    Originally posted by: lordmarcovan

    Originally posted by: TommyType

    How about a gold CAC? That would really be a mind twister....



    I guess since lowball collecting is pretty much a lark to begin with, a CACed P-01 is even more of a lark?




    [...]





    Like the Talking Heads said, "Stop Making Sense". I think we're probably overthinking it. The whole thing's a lark.





    you mean collecting *anything* in general, right?
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭
    Originally posted by: steveben

    Originally posted by: messydesk

    Originally posted by: ricko

    I have never understood the PO1 fixation to begin with, however, it certainly is an area that some collectors enjoy... regarding the CAC sticker, the green means 'solid grade'...not better... JA is simply saying "Yes, I agree"... Cheers, RickO


    I guess, then, it begs the question of what a PO1 that was rejected for a sticker means. Is it a low-end PO1 or too close to FR2?







    could it mean that the coin is a legit PO-01...not one purposely made?





    This makes sense to me. CAC is agreeing that it is in fact a P01. That said, still dumb, and I like CAC.
  • telephoto1telephoto1 Posts: 4,961 ✭✭✭✭✭
    If they want to identify a coin as low end for the grade- why not use a brown sticker? image

    RIP Mom- 1932-2012
  • BUFFNIXXBUFFNIXX Posts: 2,726 ✭✭✭✭✭
    for the same reason you would get an ms70 coin cac-ied.
    adds prestige and pizazz
    wanna be sure it is not a fair-02 grade.
    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"

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