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Gold CAC sticker on Oregon Trail Commem, do you agree?
Southcounty
Posts: 707 ✭✭✭✭✭
Do you agree with this gold CAC sticker and what would your grade be?
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Based on the photos, that coin should have two gold stickers...
>>>My Collection
- Jim
MS65.
I've got about a dozen green label 63 Morgans that look 64+ to me but yours could go 65+!
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
<< <i>Do you agree with this gold CAC sticker and what would your grade be? >>
Yes, I agree absolutely.
I'd have gone 64 PQ or 65 on that, personally.
<< <i>From the pics, it appears to be undergraded, but I didn't need some sticker to tell me that. >>
I'll agree absolutely with PerryHall, as well.
Collector since 1976. On the CU forums here since 2001.
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<< <i>That is a gorgeous OTC, and, based on the photographs, I believe it should grade at least 64. In hand, possibly 65. Here we have two conflicting opinions (TPG + FPG), which is why, without REAL standards, coin grading remains contentious. Cheers, RickO >>
What "real" standards would you apply to 1,000 different Morgans, all of which are the same grade but none of which are alike?
That label is supposed to be a green color, with the blue color ones of that design being very rare.
Is it green or is it blue?
<< <i>From the pics, it appears to be undergraded, but I didn't need some sticker to tell me that. >>
Where do you draw the line on making that statement? I think the consumer needs that sticker to protect himself or herself when he/she needs to sell that slab. What if the owner is the widow of a coin collector with three small children?
Keep in mind that it also appears to be dated 1938 but "I didn't need some label to tell me that."
<< <i>
<< <i>From the pics, it appears to be undergraded, but I didn't need some sticker to tell me that. >>
Where do you draw the line on making that statement? I think the consumer needs that sticker to protect himself or herself when he/she needs to sell that slab. What if the owner is the widow of a coin collector with three small children?
Keep in mind that it also appears to be dated 1938 but "I didn't need some label to tell me that."
You are making two assumptions---the widow knows what the gold sticker means and that the buyer agrees with CAC. Also, I'm glad for you that you didn't need the label to tell you the date on the coin yet you didn't trust the grade on this same label.
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
Isn't it nice we can disagree, still be friends, friendly and be civil (well at least on the surface
Of course we can wage our own private war by pm (but not until after my busy season ends 4/15).
<< <i>
<< <i>
<< <i>From the pics, it appears to be undergraded, but I didn't need some sticker to tell me that. >>
Where do you draw the line on making that statement? I think the consumer needs that sticker to protect himself or herself when he/she needs to sell that slab. What if the owner is the widow of a coin collector with three small children?
Keep in mind that it also appears to be dated 1938 but "I didn't need some label to tell me that."
You are making two assumptions---the widow knows what the gold sticker means and that the buyer agrees with CAC. Also, I'm glad for you that you didn't need the label to tell you the date on the coin yet you didn't trust the grade on this same label. >>
You seem to be ignoring the fact that CAC will make an offer commensurate with a higher grade, based on it being under-graded in their opinion. Thinking or knowing that you have an under-graded coin is only part of the battle - you need to find a buyer who will agree and pay accordingly.
<< <i>PerryHall:
Isn't it nice we can disagree, still be friends, friendly and be civil (well at least on the surface
Of course we can wage our own private war by pm (but not until after my busy season ends 4/15). >>
oreville---You're all right in my book and I value our friendship but sometimes we will see things differently all though we usually agree 99% of the time.
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
Of course, all opinions are worth little without seeing the coin in hand.
<< <i>Southcountry:
That label is supposed to be a green color, with the blue color ones of that design being very rare.
Is it green or is it blue? >>
This is the old green holder slab. I have glare spots over the label from my lights which are great for when you crop the coin down, but not exactly what I would do for a nice full slab shot.
This is the only CAC coin that I own, and I am on the fence with the CAC issue. I actually purchased this coin for the gold CAC sticker as I wanted to have an in hand example of a coin that got a gold CAC sticker for my own reference. Well that and I loved the coin, one of my all time favorite designs.
Seated Dollar Collection
Pretty coin and a joy to behold.
<< <i>To me, it looks like an average, boring Oregon commem. >>
<< <i>
<< <i>To me, it looks like an average, boring Oregon commem. >>
I have nothing against the design. In fact, I like it. I meant that it was an interesting example of the issue, not boring in the absolute sense.
<< <i>Yes, I agree. It's under graded. Judging by the photos, a 65! >>
The Oregon Trail is one of my favorite designs. Almost forgot to say that I would not be surprised to see gold stickers on lower grade Oregon Trails, rather than on higher grade ones. I have only two gold sticker Oregon Trails, both only PCGS 64s.
Liberty: Parent of Science & Industry
<< <i>Here's the question: which would bring more in the marketplace, the 63 with a gold sticker or the same coin in a 65 holder? Clearly, the novelty of the gold sticker has some cachet. >>
I'd take the 65 holder if the coin looked like it was properly graded.
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
its nice these little labels and stickers. So cute. I think the coin is undergraded at 63 from the images as shown. I'd not jump to 65 so fast tho. It would be neat to qantify the effect these tags have on buyers impulses and...frame of mind (generally speaking - not this coin etc. etc.).
Best,
Eric
<< <i>Hi All,
its nice these little labels and stickers. So cute. I think the coin is undergraded at 63 from the images as shown. I'd not jump to 65 so fast tho. It would be neat to qantify the effect these tags have on buyers impulses and...frame of mind.
Best,
Eric >>
I thought the gold sticker implied a 2 point bump in grade.
Hi there,
implied...that makes me nervous that term in relation to collectibles. The little sticker can imply what it wants but I can't jump to 65 from what is shown. More luster would be nice but we are grading from pictures here. I read that interview with John Albanese - that the CAC stickers represented the "A" (gold) and "B" (green) coins in a given grade, leaving the "C" coins as those "weaker for the grade" or however it was worded, "unstickered". Maybe I am getting old.
Best,
Eric
<< <i>...I thought the gold sticker implied a 2 point bump in grade. >>
No, the gold sticker simply means that CAC believes the coin is under-graded.
<< <i>The only thing potentially holding that coin back is luster and we'll never know that from the pictures. >>
Agree. Dull luster and hairlines may not be evident in the pic but they can certainly hold a coin back from a higher grade.
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
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