saint gauden pcgs ms 65+cac vs pcgs ms 66 saint gauden
coinsscollect
Posts: 103
which is better buy...
0
coinsscollect
Posts: 103
Comments
Perhaps some education before buying would be good IMHO. The question you posed might well indicate the need.
Eric
$20 Saint Gaudens Series by Jim Fehr
He who knows he has enough is rich.
Eric
If that doesn't make sense it won't make cents. The one closest to spot is the best deal.
``https://ebay.us/m/KxolR5
While 66's can move up from a telemarketing play a lot quicker than a ms65 cac (I believe),
Not all ms66's would be stickered as ms65 and therefor the 65 cac (with or without the +) in my opinion is rarer.
Answer some of those questions and the answer to the question posed will become clearer.
<< <i>What are the prices? Is a person able to see actual coins in person? Can the person grade the series? Or is the person a complete novice in the series?
Answer some of those questions and the answer to the question posed will become clearer. >>
Good questions all. I'm still wondering about date and MM!
Eric
<< <i>Depends on the price. And whether or not the non CAC is doctored >>
I was thinking something like that - with the same date and mm I would like to see both considering the JA opinion and possible reasons for the lack of same on the other. We know the (gr?)beaned item is a B in JA's eyes, the other coin...this is one of those permutations that make sight unseen odd for me. There are so many ways the same grade can be achieved - but obviously the are not all of the same value.
Eric
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
2) Then compare prices.
3) Never, never buy anything sight unseen, if you plan on paying a numismatic premium for the coin.
Many years ago, I was looking for a with Motto Seated Half in MS 65. I looked at between 15 and 20 of them before making my purchase. During this time, I saw one or two in MS 64 holders that to me, looked nicer than a few of the fives. One particular dealer actually had one of the 4s in his case which looked better than two of the three fives which were also in his case.
Moral of the story - you have to see the coin(s) before proceeding further.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>...Never, never buy anything sight unseen, if you plan on paying a numismatic premium for the coin... >>
Eric
<< <i>which is better buy ? >>
The nicer one.
<< <i>The reason why a 65CAC will cost you more than a 66 nonCAC is simply because the market has woken up to the reality that TPGs are far too loose on this series right now. Same deal applies to incuse gold. I would pick the CACd coin any day because the market has spoken and TPGs will undoubtedly listen IMO. If the coin is CAC-able and has not yet been tried, those are the best value coins. But you'll be hard pressed trying to find any dealer who carries gem+ gold who doesn't try for CAC. >>
Agreed.
Assuming both coins have been to CAC, I think the 65 CAC will almost always be both the "nicer coin" as well as the "better buy, dollar-wise." The reason 65 CAC Saints are bringing such a huge premium is not just because the quality is scarce, but because the market makers in these coins are cracking them out, easily getting a 66 grade and often times another sticker at the higher grade. On the other hand, a coin that did not sticker at a 66 has a good chance of not even stickering if it were downgraded to a 65.
<< <i>Depends on the price. And whether or not the non CAC is doctored >>
For sure. And if the MS66 is very low end or at best a 65+, I'd probably go for the CAC 65+. Really depends on overall eye appeal and the originality of the coin.
I've seen 66's that I would grade no higher than average 65. And then I've seen some that weren't far from generic 67's. While saints do tend to trade sight-unseen,
I'd still be picky on my generic 66 or even a stickered 65+ looks. If the stickered 65+ is really nice, there's a decent chance it could sticker as a 66 (ie +$1,000). CAC seems
to be more into eye appeal, originality, surfaces, etc. than just sheer marks.
In a strongly rising gold market the CAC premiums shrink quite a bit. So as odd as it sounds, if gold were to return to $1,600-$1800/oz in the next several years, the generic
MS66 would probably do much better than the stickered 65/65+ even if it was low end or a gift at the 66 grade. In this current market where quality is everything, the stickered
coins are receiving the bulk of the attention.