high end
The term “plus” has been part of the everyday trading and grading lingo for years. The high end for any particular grade represents the top 30 percent of the scale within a grade and I estimate that the plus designation would apply to approximately 15 percent to 20 percent of the coins within any individual grade.
What does CAC mean on coins?
Certified Acceptance Corporation
Certified Acceptance Corporation (CAC) is a Far Hills, New Jersey coin certification company started in 2007 by coin dealer John Albanese. The firm evaluates certain numismatically valuable U.S. coins already certified by Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS).
What does a star mean on a graded coin?
NGC defines its star ( ) designated coins as those that have exceptional eye appeal. The coin itself could fall anywhere within the grade it is assigned, i.e.: if it were an MS 64 it could be at the lower end, mid-range or higher end of that grade.
What is a PQ coin?
PQ stands for Premium Quality, and it generally refers to coins that are above average in terms of grade and/or appearance. It’s not an official grading term, but a quick shorthand way of recognizing coins that are superior in some way.
What does PQ stand for in coin grading?
The term PQ stands for premium quality which would seem to belie the whole concept of a standardized grading system. It’s a confusing term because it makes it seem that a coin described this manner is really a higher grade than it is and therefore more valuable. It is just marketing hype. A coin graded MS66 is already premium quality by definition.
Can a coin be PQ approved by PCGS?
PQ Approved only reviews coins in either PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation) holders.
What makes a coin eligible for a plus grade?
Date and mintmark of coin must be detectable to be graded. “Plus Grades” exhibit exceptional eye appeal for the grade and constitute the top 30% of the coins in the grade. Only XF-45 through MS/PR-68 are eligible for Plus grades. Numerically, this includes 45, 50, 53, 55, 58, 62, 63, 64, 65, 66, 67, & 68.
What happens when you get a PQ sticker on a coin?
When a coin passes our PQ Approved process and is awarded the PQ sticker you can rest assured that a seasoned expert numismatist has confirmed that your PQ Approved coin is high-end (above average) for the grade! No Ugly Toning! Toning can be a thing of beauty, as many silver collectors/investors are well aware.
