...6 for 6 on NGC fatties...Greenies 4 All baby!

My first submission to CAC...sent 20 PCGS and 6 NGC fatties (one 2.0 & one 2.1)... My PCGS went 11 for 20 and all 6 fatties "passed." 65% of coins sent in got beans (all green). Here are the Team of 6 



Erik




Erik
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<< <i>Nice, but why CAC the commons? What am I missing? >>
top 2 answers, survey says:
1. goin' for the gold
2. varieties in unattributed holders
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<< <i>Nice, but why CAC the commons? What am I missing? >>
Honestly brother...I bought the 1921 in the soap box holder of the bay...'twas my first NGC coin and I started to like the old-school fattie holders as I only bought 6 in about 6 months and then sent them in because I was lucky enough to get accepted (after waiting many months) into CAC as an AC. I am semi-young in the coin world and I have a good feeling that old-school plastic represents old-school grading, which when both combined together and kept intact will be very very collectible many years down the road. And if I'm gonna take a liking to old NGC fatties, why not send them into get sticker'ed by the same guy whom possibly graded the said coins 20+ years ago
...I'm a collector and I want to utilize all of The Action in the game baby
Erik
K
I'll send them in only if there's a great chance of a gold sticker.
<< <i>I am a huge CAC supporter....but.... I would rather have no sticker on a great looking old holder coin than a green sticker. The greenie limits the mind from wandering to the next grade up. >>
But, could the coin not still be worthy of a point jump in an NGC or PCGS holder, while not quite up to the Gold Bean standard for the higher grade at CAC?
<< <i>Did you only pick out coins which you thought would bean or did you send them all? >>
I sent in every NGC coin I owned at the time (Dec 10th) and only 20 PCGS coins, I have another 20 coins on the way to CAC. I still have maybe another 30+ coins which may go his way in the near future. every coin that didn't sticker was sent into PCGS for grading by me, so I still love them, but JA may not have. It's funny though, because every coin that I purchased already slabbed (including 1 Doily)…stickered, so I guess I have done well in that aspect
Erik
<< <i>I am a huge CAC supporter....but.... I would rather have no sticker on a great looking old holder coin than a green sticker. The greenie limits the mind from wandering to the next grade up. >>
I generally agree, especially for something like common date Morgans. But, on certain more expensive ogh coins I'd rather have the green bean for safety. For example, there are a lot of old holdered, great looking,
more deeply toned and very clean NGC type coins where it's no slam dunk that they meet today's standards for "luster blast" through that thicker toning. In this case, the greenie limits the mind from wandering to the next grade
lower. Considering just how few coins get a gold sticker, it's a wonder that ANYONE thinks about getting one. Your chances are probably 100X greater just doing a standard upgrade from a higher end to a low end coin (ie a MS65
stickered to say a non stickerable MS66.0-MS66.3 grade). To those that know how the system works, a great looking, old-holdered green beaned coin is often a potential candidate for next grade up. What probably half the
hobby doesn't fully understand is that it takes a 66.4-66.5 coin to earn that gold bean on a 65 coin.
The reverse stenciling on that 1881-s is not giving off a shadow like the other 2 stenciled reverses shown. Is that the rarer 2.0 holder? JA can't go too far wrong stickering every Morgan w/o a reverse hologram.
This one had the GREEN bean when I bought it. I've since removed the bean. IMO it's clearly better than a 64. I agree that in some cases the GREEN bean does more harm than good. I've found that almost every GOLD bean I've seen has been on a coin waaaaaaaaaay undergraded...usually blatantly undergraded.....as roadrunner indicated, significantly MORE than just one full point undergraded.
.....I also de-beaned this one for the same reasons.
They grade conservative.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Hoard the keys.
<< <i>Another side of the coin. I have a couple of Liberted Seated Dimes that are in old NGC no line fatties and they are graded ms67 now with a green bean. There is nothing graded higher at this point in time at both services. Should I not have the green bean on it, it tells everyone that it is excellent for the grade, should I expect the public to feel that it can't upgrade because it has a green bean on it or does having a sticker on it legitimize the existing ms67 grade. Every case should be considered under an individual case by case basis. Could it still upgrade, possibly but does it matter at this point and at this grade level. Sometimes just telling the public that it is fine for the grade is enough and leaving well enough alone is sometimes the right message to convey. >>
Green bean on an NGC 67 is a must - even for an old holder
<< <i>
>>
Nice looking 81-S! Have anymore pictures of it?
<< <i>Another side of the coin. I have a couple of Liberty Seated Dimes that are in old NGC no line fatties and they are graded ms67 now with a green bean. There is nothing graded higher at this point in time at both services. Should I not have the green bean on it, it tells everyone that it is excellent for the grade, should I expect the public to feel that it can't upgrade because it has a green bean on it or does having a sticker on it legitimize the existing ms67 grade. Every case should be considered under an individual case by case basis. Could it still upgrade, possibly but does it matter at this point and at this grade level. Sometimes just telling the public that it is fine for the grade is enough and leaving well enough alone is sometimes the right message to convey. >>
The bean may not be enough. I owned one of only 4 seated no motto seated halves that were graded MS67 CAC (2 PCGS and 2 NGC). It hardly mattered than the coin was stickered. When sold at auction if fetched low end
67 money or basically what a PCGS 66+ would have brought (30% under PCGS MS67 money). There had been 6 or 7 PCGS MS67's to that time (most of them unstickered) and everyone one of those brought significantly more
than the NGC MS67 CAC. The market is still quite weird when it comes to super high grade NGC coins...stickered or not. It doesn't matter what NGC and CAC say about NGC coins....only what the market thinks. I've often
wondered if CAC pays the same money for stickered PCGS MS67 vs. stickered NGC MS67 type coins. There's no reason they should based on market liquidity.
<< <i>I am a huge CAC supporter....but.... I would rather have no sticker on a great looking old holder coin than a green sticker. The greenie limits the mind from wandering to the next grade up. >>
I agree. I have seen plenty of coins in OGHs with greenies that were easy one or even two interval upgrades.
<< <i>
<< <i>Nice, but why CAC the commons? What am I missing? >>
Honestly brother...I bought the 1921 in the soap box holder of the bay...'twas my first NGC coin and I started to like the old-school fattie holders as I only bought 6 in about 6 months and then sent them in because I was lucky enough to get accepted (after waiting many months) into CAC as an AC. I am semi-young in the coin world and I have a good feeling that old-school plastic represents old-school grading, which when both combined together and kept intact will be very very collectible many years down the road. And if I'm gonna take a liking to old NGC fatties, why not send them into get sticker'ed by the same guy whom possibly graded the said coins 20+ years ago
...I'm a collector and I want to utilize all of The Action in the game baby
Erik >>
I'll buy it.
NICE GROUP! I particularly like the 2.1 and the 2.0. nice sub.
Nice to see these NGC slabs where the reverse decal hasn't been worn off (exposing the yellow plastic) by dealer price stickers.
Somehow, I missed this thread when it debuted just over 5 years ago.
Nice fatties, Erik!!
I particularly like the gold foil variety.
The beans compliment them well.
P.S. Do you still have them?
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Hell yeah!!! I have the Gold and maybe a few more but sold most of them...I have sold off most of my widgets, it was very fun and action-filled hunting those down and sending them off to CAC for stickers...that was the game for me back then, it was more of a therapy to get out of major gambling...and it worked too, thanks for grave-digging it back to the top
...after re=looking at that group...all are sold and the 1921 is DEAD and gone...cracked and played with for fun and in the end a total loss on that one...lol...yeah the 1921 didn't make it out of the jungle
Yep, I scrolled through the whole thing, first, to make sure that I hadn't commented already. lol
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Here is my belated "great looking bunch of coins and congrats". It's great when these old posts pop back up after such a stint in hiding.
It's rewarding when you get them all beaned. I once sent in 9 coins and got 100% green beans. Made me feel like a grading room expert. Reality............not so much.