Gold Members- Why do you think this coin didn't get a sticker
BIGAL2749
Posts: 742 ✭✭✭✭
I posted pics on this coin in another thread that failed to get a sticker from Cac and looking for opinions on what keep it from getting a bean. A 1852 slug in a Pcgs XF 40 that I felt was a lock for a bean.
Dealer had 5 slugs , 4 in Au and this XF 40 but passed on the others because of the color. Always loved original toned gold and as a 40, this one looked like a honest coin
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Comments
Your best recourse is to ask JA directly by calling CAC. From the images, however, might corners of the coin be too roughed up?
In honor of the memory of Cpl. Michael E. Thompson
if you handed me this piece and asked what do you think...i would be like, wow...you have a slug? awesome!! don't worry about the cac. this is a cool piece of history.
this
you mentioned the color.
my opinion is: the patina here is dark with light highlights instead of light with dark highlights. if the highlights were reversed and you could see light, protected luster...this would give the piece more eye appeal for color.
compare it to the $20 1850-O that got the gold sticker (mentioned in another thread). i haven't seen that piece, but i am betting it has the highlights reversed.
Simple to me it's overgraded. I could see it in a VF35 with a Bean though.
Yes, I'd love to own one of these coins, but almost every one I see is over graded and often damaged. I don't know how many rim bumps is too many before you get to a "details" grade because I've graded examples and "details" examples with extensive rim issues.
This one appears to be decent in that regard although I'm not sure about the obverse rim at 11 k. As for the sharpness grade, I agree that it looks like a high end VF to me, not an EF.
To own a slug is impressive.........I'd be happy to own one.
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My thought as well
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I don't think that the OP is saying he's not happy to own it.
I have no idea how they grade on these.
Love how it's nearly busting out of that slab. Drool.
How do JA and staff recall details of the many hundreds or thousands of coins they review each day? They take notes, no doubt, and archive them. Would you agree?
Wouldn't it be nice if CAC delivered those notes with failing coins? What's the downside (besides a little extra work for CAC)?
Collectors have asked the grading services for years for feedback on their grade assignments. Even offered to pay a little more for it.
Seems like there is a genuine desire for this sort of thing. It also feels like it would be good for the hobby.
Maybe I'm missing something...some good reason for the secrecy.
Sorry for the tangent.
Lance.
My gut was perhaps the rim bumps.
Awesome piece nonetheless!
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Overgraded and has rim dings. Should be a VF something by wear.
I think that it is the rim dings.
I have seen FAR worse rim issues than this on slugs ($50 gold coins) that got straight grades.
As for the comments about why something was graded X and Y, and why something didn't get a CAC sticker, there are two answers. First, of grading is a speed business. Taking the time to write out these notes would slow down the process, which costs money. In fact I doubt that there are any notes for most coins. There is probably just a number written on a tally sheet. The speed factor is why I could never work for grader. I am too deliberate.
Second, the grading services don't want to get into arguments with customers over why something was graded the way it was. There is not upside for the grading company and perhaps none for the customer. Besides, resubmissions generate more revenues.
no, i don't think so either...i only meant, "wow! that is cool."
I did not look at the post prior to looking at the coin. My first impressions were: VF35 and the rims are a little banged up. It is a nice coin.
Easy answer has already been given -- call and ask. Chances are with a slug you'll be able to get a meaningful response more than you would some random MS66 Morgan or Walker. Post the result here. The more pressing question I have for now, however, comes from this:
Did you ask to hold all 5 in your hand at once just to enjoy their collective heft? That would have been very cool.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
If you ask in advance to get feedback from CAC on submissions, they will provide the feedback via you calling JA personally where he discusses the coin with you. Darn cool.
Best, SH
Thanks for the feedback guys and I agree that I should have asked. Wife was in the car and I just walked in, grab the boxes and walked out the door.
When they called Friday morning and told me I could pick them up at noon instead of 2, I suspected they may be closing early. It was a gorgeous day
Called today and I as I have been told he was very willing to giving me some feed back and it was the color he didn't thing was right.
He also brought up several of the other coins (what a memory!) he was fond of such as my chain cent but the obverse planchet kept it from a sticker. I don't have a decent pic but it's the coin used as an example of a XF chain cent in the very large RED BOOK.
I may be submitting a couple he felt might upgrade such as the 1806 quarter in Ngc 64 (image posted in my other thread)even though the strike is weak which is normal for many 1806 quarters.
I'm waiting for a couple of Pcgs submissions and will be submitting again after the first of the year.
They did not think the surfaces were original, and neither do I.
BigAl, I think part of the issue might be that "power coins" like those you collect make someone grading them stop in their tracks. When provided with something definitely not run of the mill, it's probably human nature to appreciate it just a little longer. That extra time might be used to just appreciate the coin even more or may convince the grader even further that (in this case) it's a tough coin that shouldn't get rewarded because of this or that.
Still cool as hell to see.
Congrats.
I would not go overboard on the originality thing. The coin does not display the "white gold" look, and given that I'm not going to say anything negative about the color. It has a nice coppery look to it, and the grade, that's okay for this piece.