Anyone else bummed that the CAC bean on the Farouk $20 is just a tad crooked?
SeattleSlammer
Posts: 10,064 ✭✭✭✭✭
Serious-not-serious-but-still-c’mon-man!
Here’s a still from the Pawn Stars episode where Ian Russell shows the coin to Rick who has a buyer at 25M (not enough), and Jeff Garrett stops by, too.
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Just imagine the value that sticker adds…
Smitten with DBLCs.
I'd argue that the sticker is not so much where the value comes from. Sure, it might add some dough, but ultimately I think the rarity and lore behind the coin is where the true value lies. Plus, the coin looks more like a 64. Not sure why the coin CAC'd at 65.
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
I was being sarcastic!
Smitten with DBLCs.
I'd just be happy with the coin/slab
So was I!
God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️
Are these illegal to privately own?
I'm more bummed that someone would consider putting such a tacky sticker on the slab of such a wonderful coin. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Not that one, and only that one.
Like putting a bumper sticker on a Ferrari.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
But at least put it on straight!
Its been done
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
No.
"Got a flaming heart, can't get my fill"
Nope!
I'm just glad it beaned, otherwise I wouldn't even consider buying it.
Pawn Stars is totally scripted. I tried to put a group together to try and buy that coin with the idea of approaching the Treasury and making them all legal. Went for too much for that idea to work out but it would have been interesting
If I was bothered by anything it would be that one work pedigree, although I agree they could at least have put the silly sticker on completely straight.
Your hobby is supposed to be your therapy, not the reason you need it.
A gold bean would have been an attractive look with that gold insert.
Such a shame.
You could own others... so long as no one found out.
Here’s a High Resolution PCGS TrueView photo of the subject coin that you can enlarge to show details.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
I'm mostly just a little bothered that it was stickered at all. After all, it's a unique coin.
I'm interested in knowing that it's authentic. I'm curious about its grade. I couldn't care less where it falls on the CAC spectrum.
To me, CAC represents a comparison. But there is nothing to compare this coin to, counting only the coins that are legally held in private hands, which is exactly one - this one.
Can’t JA just compare it to all regular $20 Saints? … It was never intended as a special one-off …
wow
Obverse fields look MS-66 while obverse Liberty looks MS-63 but reverse all MS-66 so coin net graded MS-65.
If you hold up a piece of paper to the top bottom edge of the slab and bring it down to the CAC sticker it does appear the the sticker was put on straight. The picture of the slab was was taken at an angle which makes it appear that the CAC was applied crookedly.
Yes, he can, and he presumably did. But is that how CAC is normally used? I thought it was to give people bragging rights within a group of coins of a particular date and mintmark. When there is effectively only one coin in existence (eligible for private ownership) then does it matter how solid for the grade it is? 🤔
Would anyone like this coin more if it got a gold bean, or like it less if it failed to bean? For me, it would not matter at all for this particular coin.
Not legally, which is what the question was.
The question was whether they were "illegal".
All comments reflect the opinion of the author, evn when irrefutably accurate.
Same is true of the slab itself.
All comments reflect the opinion of the author, evn when irrefutably accurate.
If that's your position then so be it, but to me it's not the same thing.
As I had already stated:
I'm interested in knowing that it's authentic. I'm curious about its grade. I couldn't care less where it falls on the CAC spectrum.
The slab serves a purpose. To me, the sticker does not.
As a unique coin, the grade is irrelevant. And since you are unlikely to find this coin at a flea market, the authenticity is also without question. Any such trophy coin really doesn't need a slab or a sticker.
All comments reflect the opinion of the author, evn when irrefutably accurate.
I'm not sure the "comparison" is a completely accurate way of looking at CAC. The sticker means "solid for the grade", it is based on the grade assigned and CAC's interpretation of those standards. I know we've all gotten tied up in his ABC analogy, but the point was never that the top 2/3 of coins in a grade by COMPARISON gets stickers. His point was that the coins that are "solid" for the grade gets a sticker.
You see this in series where CAC is more strict than the other Big Two, like gold and I think bust halves. CAC seems to sticker a lower percentage of those coins than they do in other series.
All comments reflect the opinion of the author, evn when irrefutably accurate.
The sticker doesn't mean much with regards to grade here. It's more likely CAC stickered it because they wanted their name tied to this famous coin. If PCGS called it MS67 it would still get a little green bean.
Blasphemy!!!!!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
at least 50 thent
Sugar magnolia blossoms blooming, heads all empty and I don't care ...
I gotta disagree there. With the obvious hits on Liberty …. I can’t see JA beaning it as a 67 solely to add CAC’s presence. Really that would just make CAC look suspect/bad with perhaps the highest profile auction coin that currently exists …
In the CDN the sticker puts the coin in a higher valuation tier as there is CDN bid / CPG for CAC. So for proper retail pricing the seller is going to use the CAC CPG in deciding his ask price. If the coin is PQ he may want more especially if it’s really low pop or top pop. So the buyer could be looking at the tackon for CAC plus top pop.
Non-sequitur! Your comment isn't germane to a one of a kind coin!
"Got a flaming heart, can't get my fill"
Certainly the seller is in the drivers seat to ask more.
Why do you always have to challenge or criticize other people's opinions? You represent your challenge or criticism as fact, when it is actually just your opinion.
Do you ever actually post anything that does not quote another poster? If it weren't for your argumentative responses I suspect that your post count would be pretty minimal. 🤔
OCD, eh
I feel ya
"Inspiration exists, but it has to find you working" Pablo Picasso
I saw a bumper sticker on a Ferrari
It said 'I identify as a Cyber Truck'
"Inspiration exists, but it has to find you working" Pablo Picasso
Is that how you price your 1933 Double Eagles?
All comments reflect the opinion of the author, evn when irrefutably accurate.
When did I day that was anything but my opinion? Your belief in the slab and lack of belief in the sticker is also simply your opinion and not a fact. So what?
I like to chat on the forum, so I often quote people. Some people are friendlier to chat with than others. Since you like to chat, I'm going to make it a point to quote you more frequently.
All comments reflect the opinion of the author, evn when irrefutably accurate.
You virtually never qualify your declarative statements as simply your opinion, and they lack any semblance of humility. (I had to assume the word "day" was just a careless misspelling of the word "say").
You have an interesting definition of the word "chat". But if you feel compelled to quote me that's fine as long as you stay current with the royalty payments.
If I were CAC I would fix it for free. Sometimes I think CAC stickers the nicer coins to have their brand associated with the high-end numismatics.
He clearly has tunnel vision when it comes to price guides, so that might be how he prices all his coins. And perhaps he doesn’t understand that extremely rare and unique coins might not be tied to a price guide.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
The CAC sticker is fine - it's the holder that's slightly tilted!
"When they can't find anything wrong with you, they create it!"
You get 95% of revenue. Don't spend it all in one place. [That's only a humorous idiom not an order. ]
All comments reflect the author's opinion, even when irrefutably factual. .
All comments reflect the opinion of the author, evn when irrefutably accurate.