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Buyer beware

October 3, 2016 in Blogs, Certified Acceptance Corporation (CAC), Coin Dealers, Coins, Collecting, Education, Numismatic Crimes, Numismatica, Numismatics, Opinion, USA Coins, World Coins

By: Laura Sperber Legend Numismatics Hot Topics

Auction buying

I want to make it clear this is not a self serving Hot Topics. I am writing this based upon several negatives I see happening. As many of you know, I tirelessly fight coin doctors and dealers who shill for them. For awhile, things chilled. Lately, I do not like a lot of what I see starting to happen again. The public needs a little reminder.

One thing I can proudly state-Legend and Legend Auctions do NOT deal in doctored coins. Legend Numismatics sells ONLY CAC beaned coins to its customers for a reason. Legend Auctions has myself, Greg Cohen, and George Huang… Full article at the source>

Source: Legend Numismatics Hot Topics

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A bad culture

June 19, 2016 in Blogs, Certified Acceptance Corporation (CAC), Coins, Collecting, Education, History, Investing, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins, World Coins

By: Laura Sperber  Legend Numismatics Hot Topics

REALLY?

For years now coin doctoring and gradeflation have been two if the biggest problems with the hobby. Coin doctoring actually has lessened to a small dgree, while gradeflation has not. Its one thing that’s standards have changed, but its another when EVERYONE keeps pushing the standards.

I have seen a very upsetting trend of late. I work very hard to help collectors build their dream sets. I buy them ONLY PCGS CAC coins that are all there and then some. In many cases, that is what the customers demand anyway. The disturbing thing I am experiencing has to do with the… Full article at the source>

Source: Legend Numismatics Hot Topics

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Cracking Out Top-Tier Holders

March 12, 2016 in Certified Acceptance Corporation (CAC), Coins, Collecting, Education, Grading, News, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

ngccrackout1

Some believe that when a top-tier grading company such as PCGS, NGC, ANACS or ICG slabs a coin, it is the last word on the grade. However, after a numismatist gains sufficient expertise, he or she can spot an under-graded coin, or what is perceived to be one.

In this article we are discussing crack-outs, not crossovers, or resubmissions. NGC only considers crossovers from PCGS, a policy I have criticized repeatedly here, especially when the coins are slabbed by ANACS and ICG. If you want to learn about choosing candidates for crossover and resubmission, click here.

The crack-out… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Civil War Eagles: A Rarity Study with Condition Census Information

February 22, 2016 in Antique Coins, Blogs, Certified Acceptance Corporation (CAC), Coins, Collecting, Education, Entertainment, Gold, Gold Coins, Gold Eagles, Grading, History, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, Precious Metals, Rare Coins, USA Coins

By: Doug Winter  RareGoldCoins.com (Douglas Winter Numismatics)

1861 $10.00 NGC MS62 CAC

This is the first of potentially many articles which focus on rarity and Condition Census information in the Liberty Head eagle series. The first sub-group I’m going to focus on is the 11 Civil War issues. These coins are, with one exception, rare in all grades and a number of them are either unknown or excessively rare in Uncirculated.

The 1861 is by far the most common Civil War eagle and it is among the more plentiful No Motto issues of this denomination. The mintage of 113,164 is many times more than all the other Civil War… Full article at the source>

 

Source: RareGoldCoins.com (Douglas Winter Numismatics)

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No Motto New Orleans Eagles: A Study of Condition Rarity

September 24, 2015 in Antique Coins, Blogs, Certified Acceptance Corporation (CAC), Coins, Collecting, Education, Gold, Gold Coins, Gold Eagles, Grading, History, Numismatica, Numismatics, Rare Coins, USA Coins

By: Doug Winter RareGoldCoins.com (Douglas Winter Numismatics)

The No Motto type of Liberty Head eagle was produced at the New Orleans mint from 1841 through 1860. By using CAC population figures, we can get an idea of which dates display condition or appearance rarity.

CAC is a service which is rewards good eye appeal, unlike the grading services which are grading more from a technical standpoint. In other words, a coin can technically be correctly graded as an AU55 but it may have below average overall eye appeal due to a combination of factors (dipped surfaces, detracting marks, questionable color). While CAC isn’t perfect, it does give us… Full article at the source>

Source: RareGoldCoins.com (Douglas Winter Numismatics)

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Cool Coins from the 2015 ANA: Part Three

September 8, 2015 in Antique Coins, Blogs, Certified Acceptance Corporation (CAC), Coin Shows, Coins, Collecting, Education, Entertainment, Gold, Gold Coins, History, Numismatic Societies and Clubs, Numismatica, Numismatics, Opinion, PCGS (Professional Coin Grading Service), Precious Metals, Proof Coins, Rare Coins, USA Coins

By: Doug Winter RareGoldCoins.com (Douglas Winter Numismatics)

Around two years ago, a good client from the Midwest tasked me with what seemed like a difficult but not impossible job: assemble a complete denomination set of Matte Proof gold. I upped the stakes by adding the following criteria: each coin had to be graded by PCGS and approved by CAC, and each coin had to be a different date. After a one and a half year search, I was finally able to find him an Indian Head eagle: this lovely 1914 in PCGS/CAC PR65.

1914 $10.00 PCGS PR65 CAC

The 1914 eagle has a mintage of just 50 which is… Full article at the source>

Source: RareGoldCoins.com (Douglas Winter Numismatics)

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Proxibid Adopts Bidder-Friendly Coin Listing Rules

September 2, 2015 in Certified Acceptance Corporation (CAC), Coins, Coins for sale, Collecting, Ebay, Education, Fake Coins, Fun, Grading, News, Numismatic Crimes, Numismatica, Numismatics, Online Tools, Opinion, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins, World Coins

By: Michael Bugeja News.CoinUpdate.com (Coin Update News)

proxibid

I’ve been writing about self-slabbed and hyped coins for more than five years on Coin Update News, not only because of the inherent dishonesty of auctioneers calling a silver-melt Morgan MS67, but also because of concerns about the hobby.

One bad transaction in which a significant sum is lost, based on misleading or even fraudulent information, and the buyer will typically cease collecting coins.

In a 2010 Coin Update News article, I noted that eBay (but not Proxibid) had changed its coins and currency rules to exclude grades and values from titles, item specifics, and descriptions for any lot not… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Cool Coins from the 2015 ANA: Part Two

August 31, 2015 in ANA (American Numismatic Association), Antique Coins, Blogs, Certified Acceptance Corporation (CAC), Coins, Collecting, Gold, Gold Coins, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Precious Metals, Rare Coins, USA Coins

By: Doug Winter RareGoldCoins.com (Douglas Winter Numismatics)

At the recent 2015 ANA convention, I was able to purchase a number of really exciting choice and rare 18th and 19th century United States gold coins. Some of these never made my website; others did and sold quickly. In the latter category was a fresh-to-the-market 1840-C half eagle, graded MS63 by PCGS and later approved by CAC.

1840-C $5.00 PCGS MS63 CAC

This coin was offered to me by one of my favorite wholesale suppliers, and he was quick to tell me that this piece had never appeared on the market before being offered for sale at the 2015 ANA show… Full article at the source>

Source: RareGoldCoins.com (Douglas Winter Numismatics)

Related: Part One

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A Dozen Undervalued United States Gold Coins Priced Below $7,500: The 2015 Edition

May 1, 2015 in Antique Coins, Blogs, Certified Acceptance Corporation (CAC), Coins, Collecting, Education, Gold, Gold Coins, History, Numismatica, Numismatics, Opinion, Precious Metals, Rare Coins, USA Coins

By: Doug Winter RareGoldCoins.com (Douglas Winter Numismatics)

It’s been quite a while since I wrote an article about the topic of affordable, undervalued 19th century U.S. gold coins, and I think it’s time to do a more current version of this article. I’m going to change things up ever so slightly this time and include some market overviews on each denomination and make some suggestions which include multiple coins as opposed to “singles.”

1864 $1.00 PCGS MS63 CAC

1. 1864 Gold Dollar

I think I’ve done a good job at popularizing the formerly-undervalued 1863, and the last time I did one of these articles, I plugged the 1865. Which… Full article at the source>

Source: RareGoldCoins.com (Douglas Winter Numismatics)

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The L. Clark Gould Collection of Toned Classic Commemoratives and Morgan Dollars

April 28, 2015 in Antique Coins, Blogs, Certified Acceptance Corporation (CAC), Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Coins, Numismatica, Numismatics, PCGS (Professional Coin Grading Service), Rare Coins, USA Coins

By: (Leo Frese) www.leofresecoins.com

It is with great pleasure I announce the consignment by Mr. Gould of his colorful collections. Although there are a number of offerings that are not toned, the majority of the coins have colors that will appeal to the collector of totally original coins. As the majority of the collection was purchased prior to 2002, there are a large number of solid upgrade coins and coins which will certainly obtain the CAC stickers. Before submitting the coins for regrade, and having them removed from their old PCGS and NGC holders, I will be offering the coins for several weeks here… Full article at the source>

Source: Leo Frese Numismatic Blog

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