Totally random CAC submission of PCGS 1938-D Buffs, mostly MS66 - results posted in OP!
Lakesammman
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So, how random??
I bought these because I needed the slabs for my PCGS generation set. They were NOT selected for eye appeal, upgrade potential, or any other reason.
So, of the randomly purchased slabs, 29 of which were submitted recently, how many do you think stickered?? Results were posted today.
ANSWER:
17 "passed". I'm assuming all are green?? 12 rejected.
I'm pleasently surprised, given how they were acquired!
Questions re: Generations - some of us look at the labels differently than PCGS does. I include the 4 "retro" labels (white, doily, green, blue), for example, whereas PCGS doesn't. Styles might be a better description than generations.
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random guess of 14
10
CAC says they have stickered 42% submitted. Buffalo nickels have grade inflated more than some other series.
I will guess 20.
I’ll be the pessimist. 6.
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23-25
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Well, if CAC standards are true, then 2/3rds, so 20. But the "we sticker A & B coins" has never been true, so I think 7.
Given that these were MS66 1938-Ds - six or seven
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7
Collector, occasional seller
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I say 40% since this is a completely random blind submission so 12.
This is the oddest game yet. I randomly bought some coins you can't see for their holders. How many stickered?
Has anyone taken 19 yet?
Why isn't it true?
The confusion is more over the existence of D&F coins and the distribution in the bands. [Not to mention the undergraded gold stickers. ] They never claimed to be stickering 2/3 of coins. People just interpret the ABC that way.
Knowing the OP’s Midas Touch, I’ll go big at 23 green and 4 gold.
Tim
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Don
So are all 29 coins 1938-D Buffs? So how many different generation holders are there incorporated into this exercise?
Grading has a subjective component so handicapping the outcome just has a different level of subjectivity. Good luck and hopefully you obtained the outcome you were seeking.
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0, I'll take the outlandish chance they've all been to CAC and failed.
Coin Photographer.
It's interpreted that way because if you assume ABC coins exist, then the natural distribution would be equal in theory. No one ever claimed that 50% of any population is "C" coins. No one ever claimed that D&F coins exist.
This is from CAC themselves.
So again, if the distribution is equal, and the default assumption must be that it is, then CAC would sticker 2/3rds of any random sample of coins.
They clearly don't though. 42% was mentioned up thread and that represents coins prescreened for quality, so a random sample would be less than that, say 20%.
So, now we're back to your ABCDE theory, which has no basis in anything represented to the public. However, if they only sticker 20%, then maybe that's the standard they actually use but don't disclose. The alternative would be that CAC doesn't regard ABC coins to be equally distributed, with "C" coins representing 75-80% of any random population.
Either way, the ABC criteria for stickering coins is clearly BS. The bottom line is that they sticker coins JA likes and nothing more.
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20 with 5 gold
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Pete
I like this guess. So I'll guess 29.
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The overall sticker percentage is irrelevant. This is a cheap coin that most probably wouldn’t even consider spending the money to get stickered. It’s like how it’s easy to get green and gold stickers on the majority of old holder merc dimes. On the opposite end of the spectrum you have saints in 66 or pioneer where the sticker percentage might be 5% total. The average is skewed by both extremes.
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Understood, but my point is, it should matter. CAC advertises it stickers A & B coins, on an ABC scale. The implication is, they're distributed equally. Take the 66 Saints for example - Are 95% of them "C" coins? That's how it works out according to CAC standards. In the end, it's all highly subjective despite the "scientific" ABC criteria. They should sticker them JAL (JA Likes). At least that's more up front in my opinion.
To add: I think the 5 gold ones will come from the pool of rare holders (i.e. "PCGS white 108 rattlers" and "no bar code white and black NGC fattys), while the high sticker percent for the rest result from the subject coins being 38-D Buffalos (of which most MS coins are very nice), and the OPs capability of selecting nice for the grade coins (despite his comments to the contrary).
Percentages of cac success is higher at 66 and above, so I'd guess 2/3 success with a couple couple golds where the upgrade is not that advantageous.
38-D buffs are so plentiful that I’m going to guess the nicest ones made the mediocre ones look drab. I’m guessing 10 green, 1 gold.
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15 green.
Two gold.
peacockcoins
29? That's a lot of generations!
Grading 1938-D's are a specialty in their own right, since there are so many of them, so I will go out on a limb and say
0 Gold, 10 Green
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Answer in the OP!
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Almost 60% is a rather significant increase from the average. 👍🏻
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.