Per Stewart's last comment, look at the price difference in the 38 D Buff between PC 7 and PC 7+. It is an example of his point. The former may be a $300 coin on a good day, the latter a $1,000 coin, maybe more. And guess what, I've seen what I thought were 7s that looked nicer than some 7+ coins
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
The + vs. CAC varies so much from series to series you'd have to write a book to explain the hundreds of variations.
On MS65+ or MS66+ Saints for example. Most of them will not CAC. The "+" signs don't mean a thing to CAC. And in many cases these coins have great flash or eye appeal, but too many marks or not original enough surfaces for JA.
The + vs. CAC varies so much from series to series and grade to grade that you'd have to write a book to explain the hundreds of variations.
On MS65+ or MS66+ Saints for example. Most of them will not CAC. The "+" signs don't mean a thing to CAC. And in many cases these coins have great flash or eye appeal, but too many marks and/or not original enough surfaces for JA. CACs standards in gem gold in general are simply way different than the current TPG standards....probably the widest gap in any area.
No - not in itself. Some may try to markup Cac coins at plus levels with some spin they are worth that but getting that retail money from real buyers is something different than some guys BS on the bourse.
As a retail buyer at times, I will almost always pay more for a CAC coin than a similar one that is not stickered. That difference ranges from 10% to 40%.
@tradedollarnut said:
The CAC MS64 1798 dollar in Pogue realized the same as the non CAC MS65 ....right on the price guide for a 64+
Makes sense.
MS64 - A/B solid for the grade - MS64+ price
MS65 - C not solid for the grade - MS64+ price
That used to make sense for NGC coins. I'm a little surprised it has now moved into PCGS coins as well. Guess it was inevitable as long as the market is not gang busters.
Maybe PCGS should just put the grade on the insert and for MS coins; if it is a "C" grade put it in a blue plastic gasket holder, if it is a "B" grade a yellow gasket and an "A" grade for the grade a green gasket. Same for the plus grades... Then no need for a sticker. After all we do pay the company for an opinion of grade...
I wish CAC would post how many coins were submitted with its pop reports. That would give me a better sense of how to value the sticker for that coin. I expect + coins to be bonafide PQ coins for the grade whereas the green sticker just means it's acceptable for the grade, not necessarily PQ. For me the sticker doesn't have as much value as the plus.
Comments
Not always. It really depends on grades with green bean and coin series themselves.
Here is an example, for pop top coins, say MS66 (2/0) with a green bean, what's the chance the coin can be in a MS66+ holder?
Another question is that when is the last time you saw pop top coin with a gold bean? Does it ever exist?
Per Stewart's last comment, look at the price difference in the 38 D Buff between PC 7 and PC 7+. It is an example of his point. The former may be a $300 coin on a good day, the latter a $1,000 coin, maybe more. And guess what, I've seen what I thought were 7s that looked nicer than some 7+ coins
"Seu cabra da peste,
"Sou Mangueira......."
The one i recall was this
https://coins.ha.com/itm/lincoln-cents/small-cents/1909-1c-vdb-pr67-red-and-brown-pcgs-secure-cac-gold-label/a/1208-5536.s?ic4=ListView-ShortDescription-071515
The + vs. CAC varies so much from series to series you'd have to write a book to explain the hundreds of variations.
On MS65+ or MS66+ Saints for example. Most of them will not CAC. The "+" signs don't mean a thing to CAC. And in many cases these coins have great flash or eye appeal, but too many marks or not original enough surfaces for JA.
The + vs. CAC varies so much from series to series and grade to grade that you'd have to write a book to explain the hundreds of variations.
On MS65+ or MS66+ Saints for example. Most of them will not CAC. The "+" signs don't mean a thing to CAC. And in many cases these coins have great flash or eye appeal, but too many marks and/or not original enough surfaces for JA. CACs standards in gem gold in general are simply way different than the current TPG standards....probably the widest gap in any area.
The 1909 vdb proof downgrade cross?
No - not in itself. Some may try to markup Cac coins at plus levels with some spin they are worth that but getting that retail money from real buyers is something different than some guys BS on the bourse.
As a retail buyer at times, I will almost always pay more for a CAC coin than a similar one that is not stickered. That difference ranges from 10% to 40%.
Makes sense.
That used to make sense for NGC coins. I'm a little surprised it has now moved into PCGS coins as well. Guess it was inevitable as long as the market is not gang busters.
Maybe PCGS should just put the grade on the insert and for MS coins; if it is a "C" grade put it in a blue plastic gasket holder, if it is a "B" grade a yellow gasket and an "A" grade for the grade a green gasket. Same for the plus grades... Then no need for a sticker. After all we do pay the company for an opinion of grade...
I wish CAC would post how many coins were submitted with its pop reports. That would give me a better sense of how to value the sticker for that coin. I expect + coins to be bonafide PQ coins for the grade whereas the green sticker just means it's acceptable for the grade, not necessarily PQ. For me the sticker doesn't have as much value as the plus.
I should clarify, in that I mean it would be more helpful to know only 10 out 100 coins received a bean vs just knowing 10 total have received a bean.