CAC guys/gals

From my understanding, it is the same as DMPL/PL coins, where they are only looking at the numeric grade, and not the designations.

My understanding is that the CAC gold sticker is only applicable to the grade and not the designation (although a coin that did not warrant the designation awarded by the TPG would fail to sticker even if the coin was all there grade wise).

@AngryTurtle said:
Does not answer your question but I just got back a OGH PF65CAM with a gold sticker. Dont know if they thought it was a 66 or a DCAM.

I'd love to see a pic of that slab because OGH didn't designate cam

Simplistic and simple answer.
CAC doesn't gold for a "under-designation", won't sticker any "over-designation even if it agrees with numeric grade.

Looks darn nice!

@AngryTurtle said:
By popular demand (or at least a request or two @tradedollarnut, @TomB ) here is a picture of the unicorn, an OGH PF65CAM Gold CAC.

I would send this in under the reconsideration tier. I probably would leave it so it would only be reholdered if the designation (as opposed to grade alone or everything) upgraded.

I think one thing that is helping the PF65CAM Frankie is that its the best picture of a proof I have taken, thanks to Mark Goodman and Numismatic Photography Book which I perused right before taking the pic. Below is the rev, which didnt turn out quite as nice, the white balance is slightly off, coin is white in reality. I think i was fooling with the room light. As shown in the pic there is a slight frost fade at the lower right of the bell. Its less noticeable in hand.I may take the advice for a reconsideration, even with the gold I think I am just back to the purchase price for this 10yrs ago, as I think gradeflation has hit this date.

I would leave it in the holder. Coins in new holders turn me off these days. Unless I can see it in hand or very good pictures are posted, I just assume it is overgraded.

@TomB said:
Keep it in the OGH! I'm generally a fan of doing things with coins as non-invasively as possible and preserving the OGH allows you to market the coin aggressively to those who would prefer the older holder. Otherwise, it is simply another coin maxed out in a new holder.

I couldn't agree more. I'm a fan of older holders. A coin in a new holder is a turnoff for me. I do look at all coins and go from there. I have found in my opinion that coins in current holders tend to be maxed out. There are of course exceptions. This is why I grade the coin and compare my opinion with the holder. I love coins that are undergraded by today's standards and in old holders. I also don't care if they are in PCGS, NGC or ANACS. I also will not crack them out. I like the sticker whether green or gold and let the coin make its own statement.

@oldgoldlover said:
CAC is just another way of someone generating revenue. If the PCGS grade is not good enough why is CAC an entity that has the final say?

There are differing levels of quality within a grade, and from a marketing/seller's perspective, the sticker makes sense to alert bidders in online auctions, etc., that a coin is all there. CAC is also a great learning tool, and I have always appreciated John's willingness to discuss coins with me especially for the paltry submission fee. On a final note, no one is perfect and reasonable minds are free to disagree. I too have seen CAC coins that I don't like, but that doesn't undermine the value of its service.

P.S. I also have always respected that John puts his money where his mouth is and will buy a CAC stickered coin for any reason. For many coins, more common coins especially, CAC bids will net you more in many instances than selling on eBay or selling them at auction.

@AngryTurtle said:
By popular demand (or at least a request or two @tradedollarnut, @TomB ) here is a picture of the unicorn, an OGH PF65CAM Gold CAC.

We need a "WOW" button.!.! Lol

I think the ebay coin cited by bigeng is past the era of no designation. We have show that designations startred sometime in the OGH era, and I beleive the ebay peice has a PCGS holder after that generation.

To reply to earlier comments about whether the 65CAM OGH should be sent in for PCGS reconsideration:
I am a fan of older holders, and have never caused a coin to lose its older holder. I dont have any intention of selling this coin in the short term, so very likely wont do anything.

However, I think this is one of the few cases where I would think of doing such a thing, as @cameonut2011 suggests. The reason: For the Franklin proofs, especially the early years, the Designation ( CAM, DCAM) is critical. I have not recently researched the price guides, but I think of a gain in the designations as equal or exceding a grade bump in this series. I also have not sat down and critically looked at the coin to see what i think a reasonable result of a recon would be.

So if the PF65CAM went to 66 DCAM it would be in rarefied territory and effectivly getting a two grade bump or more. A long winded way of saying that the potential monitary gain on a reconsideration of this particular coin is (potentially) high.