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It’s one of two things - either he doesn’t agree with the grade (eg overgraded) or the coin has a problem (under CAC standards) - eg old cleaning, too big a scratch, repair, etc.

My pleasure! Thanks for the kind words ❤❤

Thanks for the kind words! ❤

Thank YOU! See ya soon :)

There's no one-sided view -- no grade is perfect or singular. That's the biggest thing to learn about grading: All coins have multiple grades at any time. Sometimes details grades are right, sometimes they're wrong, and sometimes they're both right and wrong :)

"As a coin person you should crack and restore" - No, sorry I respectfully disagree. OGH holders are very collectible as a part of coin history and many folks enjoy seeing the coins in the original slabs they were encased in from 30+ years ago (same with rattlers). There are of course certain examples where a spot of "live" damage (Verdigris aka copper acetate) will start to spread, but in most cases it's just not something to worry too much about. Of course you are always entitled to do / restore / crack / whatever to the coins you own. But there's no universal rule in play here.

There's no one "real" opinion -- it's really important to understand that all coins (and yes, I mean ALL coins) have multiple grades at any given time. One day you might say 65, another day you might think 64+, and another day you might think 65+. And a different person might think the same/different. So don't get hung up on one specific grading event. I don't blame any person for changing their opinion with different viewings - it's part of the process and how it happens. PCGS thought the $10 Indian was 64 at one point and 64+ at another point and I wouldn't be surprised if a grader might think 63+. Same with CAC -- 63+, 64, 64+ -- it's all on a continuum. Grading is a VERY inexact science/art - it's just all part of the process.

CAC has tougher standards than PCGS or NGC on certain coins and that's a good thing for collectors. They want to sticker/holder only the best of the best. Doesn't mean that a non-CAC coin is bad -- just that the CAC coins are premium for the grade and the highest quality.

Grading is a continuum and all coins have multiple grades. I don't blame them or anyone else for having different opinions at different times. Until we're all grading with AI, humans have opinions that change and grading is more art than science. PCGS thought 64 and 64+, and CAC thought 63+ and 64 at different times. Perfectly within reason and part of the process.

@ I definitely agree it was just funny

Hey, thanks!

Great to hear! Thanks for watching and for the nice feedback.

Hear hear!

Excellent question - sorry for not explaining more in the video. First, with mint state coins, they all start out life as 65s-70s (depending on strike & luster) and as they get jostled around in mint bags or bank rolls or change drawers or even during/just after the minting process, they acquire hits, ticks, scrapes, and other marks that bring them down, and then once they reach circulation they can get down to 58 and below. With proof coins - since they were all struck with "perfect" dies and specially prepared for collectors, there are no mint bags or rolls or things like strike or luster variations to make the difference between a 62 and a 70 -- what makes the big difference for proofs is how they were handled by collectors. In the 1800s and 1900s, it was very common for proofs to be kept in velvet boxes or coin trays or otherwise on display, and as they gathered dust they would be regularly wiped off! (I know we shudder to think about it but that's how it was). As they got wiped, their mirrored fields would take on hairlines, haze, or other impairments like that, and that's how we get PR61s, 62s, 63s, etc. So really, all proofs in the lower 60s have been cleaned at one time or another, and when you see some PR61s or 62s you can really tell! I even handled a PR64 Morgan recently that had obvious horizontal hairlines that would put any MS coin in a Details holder. When I spoke to JA about this (and the PR63 Seated Dollar in particular), he clarified that CAC's standards for proofs are that "wipes" are ok (and part of the grading process), but that those should look more like gentle overall hairlines (like the PR63 Trade Dollar in the video). When you get more concentrated signs of real abrasive cleaning, like the field of the seated dollar, that's where he draws the line between a wipe (ok for CAC) and cleaning (not CAC).

@Rarity7Coins thanks. That definitely helped me understand what you mean. I've only been collecting now for about 4 years. I found a 1878 8 tail feather morgan that looks proof like but I'm not sure about it. Could I send you some pics? Or is it too hard to tell from pictures? Either way thanks for the explanation.

@@biggiethecat4896 Absolutely -- noah@rarity7.com

@@Rarity7Coins thanks. I'll send it on my lunch break

Yes! I called him and spoke about a few of the coins. Essentially when you over-dip a coin it gets a literal chemical burn look to it (since dip is stripping a tiny layer of the metal off via chemical reaction). That's what happened on the 3CS reverse. Grade-wise it's all there but the reverse was just done a touch too long. If you're going to play with dip it's really important to be careful about the timing -- even a few seconds too long can do it.

Ha! He's been really great about this stuff lately, and I know I'm not alone or special. Lots of collectors get the yellow/red stickers too (upon request). It's just the big dealers who send 100s/1000s of coins at a time who nobody ain't got time for :)

Yeah I had a gut about it. It's got a nice original look and I really (still do) like the coin, but I had my fears.

@Rarity7Coins i don't know or think that it was in fact cleaned but I think it just has a similar look to that of an old cleaning on an AU coin so CAC just couldn't take the risk with a sticker. I think it's a great AU example. Original look.

Thanks for the kind words!

Amazing Richard! You have good taste :) Thanks for the business.

You guys are the best. I appreciate the kind words but I’ve got a long way to go before I’m the RUclips guy! You guys are the kings and an inspiration.

Amazing! Thanks so much Donald. More to come soon (I'm editing the next one as we speak...)

Thank you very much!

Agreed! Follow-up coming in the next video (this week). I sent it back to CAC for reconsideration.

@@Rarity7Coins nice! Looking forward to seeing your future vids!

Thanks for the kind words! More to come soon...

Thank you!! More to come soon....

@@NicolasBlouin-s1s thanks for watching!!

Not bad at all! Welcome to the club :)

Right on!

Thanks!! More to come for sure :)

Much appreciated! 🎉❤

maybe due to the internet making the world smaller the dealers now have to compete with collectors at the auctions or buy from other dealers who are paying near market value. I haven't bought from a dealer in many years because I would rather outbid them in auction.