First CAC and now PQ

Discussion in 'Coin Chat' started by Iceman444443, Jan 15, 2014.

  1. Iceman444443

    Iceman444443 Member

    I was looking through my Jan. 6, 2014 Coin World when I spotted an ad for PQ approved stickers. First time I saw this competition to CAC stickers. So, what makes a PQ coin worth having?

    Great eye appeal.
    Only PCGS and NGC certified coins
    Excellent Strike
    Great Mint Luster
    No major copper or carbon spots
    Above average for the grade
    No major mint defects.
    No ugly toning.

    Looks like this is the start of entities jumping on the CAC bandwagon to make a couple of bucks. Personally I could care less about CAC or PQ.
    According to PQapproved web site they want your name and address and then they will contact you abut pricing.
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    The stickers may be new but the term PQ is almost as old as I am. It's use became so commonplace that it's almost meaningless anymore.
     
  4. C-B-D

    C-B-D Well-Known Member

    PQ stickers have been around for quite a while... maybe the company got bought and they're restarting?
     
  5. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    It's Barry Stuppler, who as I understand it, has been stickering some of his own offerings for some time now and even before CAC was launched. I am very much a fan of CAC, but do not have the experience or possess enough knowledge of his "PQ" to give a fair opinion either way. At least for me, "PQ" will be given no considerations until or unless it becomes market proven.
     
  6. John Anthony

    John Anthony Ultracrepidarian

    Whatever happened to arriving at your own conclusions concerning a coin?
     
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  7. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Coins mean everything . . . stickers mean nothing!
     
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  8. BUncirculated

    BUncirculated Well-Known Member

    That ended when the TPGs showed up :mad:
     
    Endeavor likes this.
  9. BHPM Trader

    BHPM Trader Active Member

    That's the way that the business is going. Coins that are stickered as being on the higher end of the grade bring a premium. Coins that are certified by TPG that appear to be on the lower end for the grade are sold at a discount. Ebay is loaded with CAC and PQ rejects.
     
  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    That's something best left to the people who are willing to do the work and learn.
     
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  11. longnine009

    longnine009 Darwin has to eat too. Supporter

    I remember seeing PQ designations from Bowers & Merena in the mid 80's.
     
  12. rzage

    rzage What Goes Around Comes Around .

    I don't see why these companies wont sticker any tpgs slabs where the coins are either solid or high end for the grade . Why just PCGS and NGC ?
     
  13. saltysam-1

    saltysam-1 Junior Member

    They want to dance only with those percieved as the best. It elevates their image and helps justify the added expense. It's sticker name + slab name = added value. In this equation, it doesn't even include the coin perse.
     
  14. longnine009

    longnine009 Darwin has to eat too. Supporter

    The first PQ dispute.

     
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  15. Rassi

    Rassi #GoCubs #FlyTheW #WeAreGood

    Who has a link to an eBay auction from that guy who used to cover his coins with stickers? (Same as a Pizza, etc)... Do his stickers add value? LOL!
     
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  16. GDJMSP

    GDJMSP Numismatist Moderator

    Because they are the only 2 TPGs who are accepted by the numismatic community as a whole as having grading standards that mean anything. ANACS and ICG (and any others) are seen by the numismatic community as a whole as having grading standards that are way to loose, too lenient, and that coins graded by them are all over-graded.

    Fans of ANACS and or ICG like to shrug off this thinking and refuse to accept it as being true. But it is true.
     
  17. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Untrue . . . it only increased confidence on the part of those who can't grade. For those who can grade, they still make their buying decisions based on the coin inside the holder, and not on the sticker outside of it.

    By the way . . . how many people out there believe that the CAC stickers still have not been counterfeited?
     
    Endeavor likes this.
  18. BUncirculated

    BUncirculated Well-Known Member

    I like how you attributed someone else's post in a quote window to my name.

    Please don't do that anymore.
     
  19. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Sorry . . . I didn't know how to preserve context without bringing in both posts, so I copied / pasted both into the editor and, for some reason your name ended up on his post and I didn't notice. My apologies . . . Mike.
     
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  20. jolumoga

    jolumoga Active Member

    I respect your vast knowledge, GDJMSP, but I respectfully disagree. I have noticed that the more experienced members tend to be stricter on grading, but that the TPGs seem to have eased their grading over time, including NGC and PCGS. I agree though that some TPGs are stricter than others. But because grading standards are subject to change from generation to generation, it seems to me there is no objectively "correct" grading.

    In one of the coin shows I attend in South Florida, a well-respected dealer only submits to ICG. He is consulted by other vendors to determine value or authenticity, and his wife is the organizer.

    Again, I am not an expert and have a lot to learn on grading, but I am unabashedly a fan of ICG.
     
    Endeavor likes this.
  21. BUncirculated

    BUncirculated Well-Known Member

    Why?
     
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