Here is a CAC approved coin in a Secure plus holder with out the plus

BigE · April 5, 2010 2:25PM

Translation, a coin that has been entered into the Secure scaning system that both companies feel is solid for the grade but not close to the next. Correct?

YES OR NO

Here is the description:1922 50C GRANT PCGS MS66 | Blazing gem luster with a bit of tab toning at 6 and 12 o'clock obverse and reverse respectively. PCGS green label. High end 66+++ CAC Approved. PCGS Secure (#9306)
------BigE

Unknown · April 5, 2010 2:27PM

This content has been removed.

Placid · April 5, 2010 2:30PM

"PCGS green label. High end 66+++ CAC Approved. PCGS Secure"

Green label

BigE · April 5, 2010 2:31PM

OK Realone, you translate then

------BigE

Placid · April 5, 2010 2:36PM

There is no picture of the label I would not be very sure what I was getting with that description.

BigE · April 5, 2010 2:41PM

Here is one with both, I am pretty sure.

CAC plus a plus

Here is the description: 1908 $2.50 PCGS MS65+ | Double PQ! When I first bought this premium example I thought it would slip into a 66 holder and be worth 10-12K. Well it's unanimous, everyone loves this coin. Secure Plus, CAC and me. Really Gem! Nice as a 65 can be and nice as 66 $6,500.00

Placid · April 5, 2010 2:44PM

Maybe someone is color blind

BigE · April 5, 2010 2:48PM

I am just getting a kick out of reading the new dealer descriptions since the Secure plus came out.

-----------BigE

notwilight · April 5, 2010 2:49PM

I'd call Harry and ask him. --Jerry

Placid · April 5, 2010 2:50PM

Buy the coin not the hype.

BigE · April 5, 2010 2:53PM

Here is the same listing on Collectors Corner, easier to read:

"Everyone loves this coin, CAC, PCGS and ME"

Type2 · April 5, 2010 3:10PM

So will it be a CAC+ sticker now?

Placid · April 5, 2010 3:20PM

<< <i>So will it be a CAC+ sticker now?

>>

No

“We don’t want buyers and sellers to get the impression that by stickering a coin, CAC is confirming someone else’s ‘PQ’ designation,” Albanese said.

keets · April 5, 2010 7:49PM

Here is a CAC approved coin in a Secure plus holder with out the plus
-------------PCGS green label. High end 66+++ CAC Approved.

please tell me how a coin in an OGH can be considered "SecurePlus".........................sounds like marketing BS to me.

BAJJERFAN · April 5, 2010 9:56PM

<< <i>Here is a CAC approved coin in a Secure plus holder with out the plus
-------------PCGS green label. High end 66+++ CAC Approved.

please tell me how a coin in an OGH can be considered "SecurePlus".........................sounds like marketing BS to me. >>

maybe it used to be in an OGH.

JRocco · April 5, 2010 10:26PM

<< <i>Buy the coin not the hype.

>>

Wait Wait

You mean there is a coin involved in this transaction

keets · April 5, 2010 11:11PM

maybe it used to be in an OGH.

short of "before and after" set of pictures with undeniable markers that is a load of crap.

messydesk · April 5, 2010 11:30PM

So it has a green label, 3 +, 2 6's, one sticker, no +™, and splotchy toning I don't like, anyway.

Wingsrule · April 5, 2010 11:35PM

Secure Plus denotes the service regarding the laser scanning of the coin. It does not have anything to do with the coin / grade itself.

From the PCGS home page...

"the PCGS Secure Plus system digitally captures the unique "fingerprint" of each coin, and enters it into a permanent data base"

Confusing? Very possibly, especially when you read some of the comments here.

PawPaul · April 6, 2010 7:57AM

........the laser scanning can't be done thru the holder .........

coindeuce · April 6, 2010 11:29AM

If a collector or dealer submits a PCGS holdered coin that has an existing CAC sticker on it, for Secure Plus reholdering, how can the submitter prove that the coin was previously awarded a CAC sticker once in the new PCGS holder ? Since the Secure Plus holders employ a new bar code and I presume different cert. number, wouldn't the CAC database be invalid as a reference for these coins ?

leothelyon · April 6, 2010 1:15PM

As long as it fits the bill, based on the buyer's experience, everything's hunky dory.

Leo

Bear · April 6, 2010 2:21PM

I think that the coin is not pleasing at all. I would not even
award it a green bean.

Elcontador · April 6, 2010 4:06PM

I am starting to get annoyed with all of this marketing hype. I sincerely believe it takes away some of the enjoyment of the hobby.

1) Learn how to grade coin(s) that interest you. If you need help, don't be shy in getting a second set of eyes to give you an opinion on such coin.
2) Have a ballpark idea of what the coin is worth. Very few coins have your name on it. Unless you're a TDN or Stewart Blay, chances are you'll see another one soon enough if you have doubts about the coin you're viewing at the moment.
3) If you like the coin & the price, buy it. If not, don't.
4) It's really that simple. If someone expects me to buy a coin just because it is in a specific holder, approved by specific people, he / she should try selling it to someone else, because I'm not interested.

ricko · April 6, 2010 10:12PM

There are a few voices of informed reason here... TomB, Elcontador, Keets...... I would say it comes from carefully listening to the presentation of the secure plus system, reading the lengthy Q&A thread by Don Willis and having the intellect to comprehend what was delivered. I imagine it will take a month or so for the rest of the 'sewing circle gossips' to finally understand what has been done. Until then, we will have to endure the confused babble of those who would rather hypothesize, criticize and construct ridiculous 'what if' scenarios. Ah well, carry on... soon all will be avidly seeking the designation and we will just endure the endless lamentations of those inept graders who do not get what they see as their 'just' grade. Cheers, RickO

leothelyon · April 6, 2010 10:42PM

<< <i>There are a few voices of informed reason here... TomB, Elcontador, Keets...... I would say it comes from carefully listening to the presentation of the secure plus system, reading the lengthy Q&A thread by Don Willis and having the intellect to comprehend what was delivered. I imagine it will take a month or so for the rest of the 'sewing circle gossips' to finally understand what has been done. Until then, we will have to endure the confused babble of those who would rather hypothesize, criticize construct ridiculous 'what if' scenarios. Ah well, carry on... soon all will be avidly seeking the designation and we will just endure the endless lamentations of those inept graders who do not get what they see as their 'just' grade. Cheers, RickO >>

Translation: As soon as you can jump on the bandwagon before others, there's money to be made.

Leo

Here is a CAC approved coin in a Secure plus holder with out the plus

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The more qualities observed in a coin, the more desirable that coin becomes!

My Jefferson Nickel Collection

The more qualities observed in a coin, the more desirable that coin becomes!

My Jefferson Nickel Collection

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