Does anyone own a 2 sticker coin?

shylock · February 5, 2014 11:09AM

Seems rendundant to me, why would you send a Photosealed coin to CAC?
This isn't brain surgery, do we really need a second opinion?

Went through a lot of Heritage's archived IH sales and only found a handful. Picked this one because I love the variety.
(And, if you were going to add the new PQ sticker that RYK posted info about, where would you find room to put it on this slab?)

MGLICKER · February 5, 2014 11:12AM

Maybe PCGS needs to return to the Regency holder. Plenty of space there.

MsMorrisine · February 5, 2014 11:13AM

Is it PQ approved?

RYK · February 5, 2014 11:16AM

As I understand it, the CAC honors the PhotoSeal sticker as if it were a CAC-approved coin. In that case, the CAC sticker on the coin in the OP is redundant.

Baley · February 5, 2014 11:16AM

I have one with 7

roadrunner · February 5, 2014 11:16AM

Since Photo Seal mainly appears on IHC's I would agree that it's somewhat redundant. This is Eagle Eye's specialty. But, with this new PQ approved service, that's going to cover literally dozens of designs, denominations,and different metals. Comparing a specialist's prime focal area to the entire coin market is like apples and oranges. On very expensive coins of 5 figures and up though, I say the more stickers, the merrier.

SeattleSlammer · February 5, 2014 11:19AM

AU55 at best

SeattleSlammer · February 5, 2014 11:20AM

savoyspecial · February 5, 2014 11:21AM

it means JA and RS are in a bidding war over it

Shortgapbob · February 5, 2014 11:21AM

<< As I understand it, the CAC honors the PhotoSeal sticker as if it were a CAC-approved coin. In that case, the CAC sticker on the coin in the OP is redundant. >>

I thought this was the case as well, but I recently had a Photo Seal coin that did not CAC.

roadrunner · February 5, 2014 11:37AM

<< 

<< As I understand it, the CAC honors the PhotoSeal sticker as if it were a CAC-approved coin. In that case, the CAC sticker on the coin in the OP is redundant. >>

I thought this was the case as well, but I recently had a Photo Seal coin that did not CAC. >>

I wouldn't expect every one to sticker. Just like I wouldn't expect every CAC Indian cent to get a photo seal. Maybe that number is 60-80% for each? For an AU58 coin in the first post, not such a big deal. But for a big dollar coin in gem RED I'd want at least one of them, and preferably both. Nothing wrong when all the big boyz agree on the same coin. It may not happen all that often, but it's nice when it does. I've had coins that were so nice for the grade I expected EVERY dealer that looked at them to be impressed. But I learned the hard way by showing such coins to my local dealer and other collectors and quickly found that they often didn't see these coins the same way I did. I recall showing an 1839 MS63 no drapery half to my local guy and he felt it was AU! It's stickered now too. On another occasion I showed a MS67 stickered seated half to a collector and they hated it. They felt it was no better than a MS66, maybe even lower. Different seats for different folks. Even in showing coins to dealers I couldn't get more than maybe 3 out of 4 to agree on even the nicest coins I've ever owned. One top national dealer area despised NGC coins so much that they inherently subtracted at least 1/2 mint state point no matter what the quality of the coin was inside the holder (at least when buying....lol).

magikbilly · February 5, 2014 12:05PM

PCGS is OK with me and enough for me in its context. The additional stickers seem unnecessary. Understand I appreciate the Eagle Eye of Rick, no doubt, but he is a special individual and his care shows (with a cool website)...but goodness, I actually have an opinion too and I am paying for these coins. To me, every sticker could indicate a lack of faith in our hosts. And how much do I need to put into these arrangements? What is the function of the permutations? Slab, bean PQ, adds up - same coin which will sell to me on its strengths and merits ALONE. How many middle men opinions does it take to supersede the value of the coin in the first place? Maybe I'm in a bad mood, but less and less about coins and research into history and more about stickers and pops. Loss of texture of nuance. Just numbers. And stickers. Give me three sentences about my coin and not an incredibly generic sticker some don't even understand (threads here show this)...maybe we will talk (as soon as you convince me I need that opinion - not to sell but to sleep at night. It's an uphill battle. We all know the stickers seemingly add "value" but do we really doubt both our own grade and PCGS to the degree we need opinions of opinions...in tandem?)
Just let me buy more coins. Put enough lights and decorations on a Christmas tree and it will fall over (and the tree is obscured obviously). But, you sell a lot of lights and decorations. Gimme the pine tree (shilling) and a few candles. I'll be happy.

Eric

I'd rather look at coins, pocket change, than try to determine which % of this sticker will garner a sticker there under those condition then, in that holder. It was about coins.

MGLICKER · February 5, 2014 12:12PM

<< PCGS is OK with me and enough for me in its context. The additional stickers seem unnecessary. >>

Zoins · February 5, 2014 12:16PM

<< 

<< As I understand it, the CAC honors the PhotoSeal sticker as if it were a CAC-approved coin. In that case, the CAC sticker on the coin in the OP is redundant. >>

I thought this was the case as well, but I recently had a Photo Seal coin that did not CAC. >>

Good to know.

Staircoins · February 5, 2014 12:34PM

Show me a coin with a PhotoSeal, a CAC bean (preferably gold

), a PQ approved sticker, in a PCGS Secure Plus holder, with a plus grade.

What did I forget, an NGC star? Guess that and the Secure Plus are mutually exclusive.

Any room for the coin in there somewhere?

EagleEye · February 5, 2014 12:46PM

When John Albanese introduced CAC at the Summer Seminar presentation, he stated that he would honor other stickers that held up to his standard. I asked him to clarify that at the time and it was described to mean that a PS sticker would automatically get a CAC sticker. Later, just about six months ago, John told me in a phone call that it means that he would accept PS coins at his bid, but not guarantee convertibility. This is a bit of a walk-back, but I understand the reasoning. The reason is that he would be assuming great risk on coins he did not see, mostly on full red coins.

I also do not automatically PS coins that are CAC-stickered either. For example, I recently wholesaled a 1877 Indian cent MS-65RB graded by PCGS with a CAC sticker because I couldn't PS it. I lost money on it because I couldn't sell it besides my coins. Anyone would ask "Why is that coin not Photo Sealed?" Then I'd point out the big spot.

We both fight over the right side of the slab. If the PS is there first, then the CAC sticker is on the left side. If the CAC sticker gets there first, the PS sticker is on the left.

The fact remains, John's CAC is a great boon to collectors and protecting them from overgrading. The Eagle Eye Photo Seal is as well, but it is only for my area of interest - Flying Eagle and Indian Cents. Not Lincoln cents, not Large Cents, not Buffalo Nickels. Just Flying Eagle and Indian Cents, since 1996.

Catbert · February 5, 2014 12:53PM

<< 

<< As I understand it, the CAC honors the PhotoSeal sticker as if it were a CAC-approved coin. In that case, the CAC sticker on the coin in the OP is redundant. >>

I thought this was the case as well, but I recently had a Photo Seal coin that did not CAC. >>

Ditto

SoCalBigMark · February 5, 2014 1:23PM

Recently at Long Beach Rick paid me a very fair amount at my asking price above guide for a photo sealed coin, no muss no fuss, no stories about this or that just a strong payment.

cmerlo1 · February 5, 2014 1:29PM

I love this variety

Lakesammman · February 5, 2014 1:48PM

A friend had a coin at FUN with one of the original CAC stickers on the reverse. It was modified shortly thereafter - wonder how many survive?? The obverse was similar in size to the current sticker but was placed front and center. I guess CAC invented the 2-sticker holder??

Shamika · February 5, 2014 2:08PM

<< A friend had a coin at FUN with one of the original CAC stickers on the reverse. It was modified shortly thereafter - wonder how many survive?? The obverse was similar in size to the current sticker but was placed front and center. I guess CAC invented the 2-sticker holder??

>>

One day that might be as valuable as a black NGC holder. Ya never know.

Patches · February 5, 2014 9:14PM

<< 

<< A friend had a coin at FUN with one of the original CAC stickers on the reverse. It was modified shortly thereafter - wonder how many survive?? The obverse was similar in size to the current sticker but was placed front and center. I guess CAC invented the 2-sticker holder??

>>

One day that might be as valuable as a black NGC holder. Ya never know. >>

What coin is that, share the otherside! That one may be quite a looker

indeetlib · February 5, 2014 10:56PM

That sticker is bizarre! I had never seen or heard about those. And does it say "Collectors Acceptance Corporation" in the background??

shylock · February 6, 2014 4:45AM

We both fight over the right side of the slab. If the PS is there first, then the CAC sticker is on the left side. If the CAC sticker gets there first, the PS sticker is on the left.

Noticed that Rick and had a feeling that was the case. It's rare to find one where JA beat you to the right side. And we appreciate your translucent, more slab friendly sticker.
Ever ask Heritage why they don't include PS coins in their left margin search criteria? After all you invented the concept, and FE and IH collectors would appreciate that ease of searching

georgiacop50 · February 6, 2014 4:57AM

<< Ever ask Heritage why they don't include PS coins in their left margin search criteria?

>>

Isn't the answer to that obvious?

It is because HA has a hologram fetish!

Justacommeman · February 6, 2014 5:00AM

<The fact remains, John's CAC is a great boon to collectors and protecting them from over grading>

This

MJ

Does anyone own a 2 sticker coin?

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