Ep.8 - CAC Submission DOs & DON'Ts with Gil Comito
Welcome back to another episode of the CABG Coins Podcast. I've been super happy with the success of this podcast so far and the YouTube channel. If you're watching, if this is your first time, please hit the like button, you know, it, subscribe to it, comment down on it, all those types of things. It really helps out the channel. If you are, if you've been on the channel before and you're welcome back, appreciate you doing this podcast again.
Tony Gryckiewicz:I hope every time to kind of have a new topic or a new guest speaker. This time we actually have somebody that we've spoken to before and has been requested already to come back. So Gil Camito, you are our first like return guest and hopefully you're going to be kind of like a staple around here we as we see you again and again on the podcast and on YouTube, kind of raise your, you know, your level of fame within the industry. I mean, you're already pretty famous. You've been doing collecting and dealing since you're like 10 years old, right?
Tony Gryckiewicz:Something like Yeah. You're kind of a household name when it comes to the coin industry and to shows and things. But anyways, so today what we're going to talk about is submissions to CAC. CAC stands for Certified Acceptance Corporation, and this is a service that is offered to collectors or to dealers, whomever, and you can submit a coin to their service and you can get CAC's opinion about the quality of the coin for the stated grade. And I know Gil definitely has a lot of experience in this area.
Tony Gryckiewicz:He has amassed a huge collection of CAC certified stickered coins and slabs, and also a very large collection of Goldcak stickers as well, which we'll talk about that in a second. Now, cause like a lot of people are going to say, okay, we just did a good show about grading. The previous episode of this is about, it was about grading. Coins have numerical grades according to the Sheldon scale of numerical grading for numismatics. Now a coin can fall into an MS63 category, mint state 63 or a mint state 64 or mint state 65.
Tony Gryckiewicz:And you know, that already makes the coin kind of in a way kind of makes it a bit precise in terms of what the numerical grade of the coin would be. So this is an additional service that further looks at the coin and assesses it even further. Did I get that right?
Gil Comito:Yes. So basically what they do or what people do is they look into within the grade and they break it down into threes, A, B, and C. So you have a A level, B level, and a C level. Your A level coin is your top of the grade. That's the one that's just there's just something slightly wrong with it that it won't make the next grade.
Gil Comito:So it's right there on the cusp. Your Bs are your solid coins. Those are the coins that are solid for the grade. And your Cs are the marginal ones that kinda slipped into it. Like, is it really a five or is it really a four?
Gil Comito:It's okay. Yeah. We'll let it go as a five, and it's considered like an ugly five. So obviously, the trick was CAC. The A coins, obviously will get stickers.
Gil Comito:Basically, you're just reiterating that it's this is a top quality coin. Okay. It's got stickers.
Tony Gryckiewicz:Yeah, reinforcing it.
Gil Comito:It's the B and the C level coins that that's where you make the dealers are making their money on getting those coins in stickers. And CAC for a very are excellent at picking out the c's and the b's as in those don't get stickered.
Tony Gryckiewicz:One of the ways I've also described it to folks is if you, let's say you, you walk, go to a coin show and you find five different $18.81 S Morgan dollars in the grade of MS65. Now not gonna This be difficult to find at is about a $200 coin roughly, but if you get five examples of this $18.81 San Francisco Morgan dollar and you line them up, all five, you will start to, if you start looking at the coins, even though they all MS65 on them, you start looking at the coins, you'll start to see various differences in terms of the level of the imperfections on the coin. Take enough time with those five, you should be able to line them up from the worst to the best because coins are not identical. They're not, they're not exactly identical to one another. Even within the stated grade, there's going be kind of on the low end of the MS65 and then there's going be on the upper end of the MS65.
Tony Gryckiewicz:And if coins were to get any better than the upper end, it would probably classify or qualify for an MS66 probably. So even within that grade, there's this kind of like variance of quality even within the stated grade CAC's philosophy, understand, is to kind of identify those that are on that upper third, I guess, of that little example as being premium for the stated grade. Now they also have a different category for those that are premium at the next grade up. Now tell us a little bit about what that is and how many of these have you acquired or conquered in your lifetime? The gold CAC,
Gil Comito:Yeah. What the gold CAC signifies is in their in CAC's opinion that that coin in the very next grade so let's say you have your 81 s, Morgan dollar, MS 63 with a gold CAC. CAC is clearly saying that if this coin were to be graded in a grade of 64 at one of the grading services, that they would give it a green sticker. That's what they're saying with the gold. It doesn't mean that it's going to upgrade, but it should in their opinion.
Gil Comito:As we know playing in this market, CAC has been around for almost twenty years now. Gold CACs are, are the creme de la creme. They're the coins. I mean, right now the markets, they're two, three, four points above their, intended grade. And it's Yeah.
Gil Comito:It's a weird, weird market right now. It's extremely crazy. I've been trying to buy a few of them recently, and I'm blown away at what these things are getting. Yeah. It's it's one of those things that we've realized that they're not stickering that many anymore, the green or the gold.
Gil Comito:There's a reason
Tony Gryckiewicz:for It's Yeah. Can get into that a little bit here, here in a second. The gold CAC stuff is going to be basically like gold stating. So there's green stickers, which we're going to show here in just a second. We're going to bring up some, but do you have green stickers that solid for the state of grade?
Tony Gryckiewicz:And then you have those that will be sold at the next grade even up and they receive a gold sticker. In the market, these have kind of blown up, especially in the last like three, four, five years or so, right around COVID twenty twenty one, market really numismatics really kind of took off again after the pandemic. These coins, these gold CAC stickers ended up becoming sought out and traded and the demand for those kind of really went kind of haywire. So anyways, without any further ado, I want to bring up some examples that we've kind of collected together that will really kind of hit home the idea behind, you know, stickering and our experiences with this. Okay.
Tony Gryckiewicz:So I'm going get started and very humbly share one of my recent major successes. This is a $19.14 half dollar, barber half dollar. The $19.14 barber half is one of the lowest mintage barber halves of the entire series. They are very, very, very difficult to find in the MS65 grade. And if you were to look at populations and so forth, there's I think only one or so forth with a CAC sticker.
Tony Gryckiewicz:It might be this one and maybe, or maybe the population reports haven't been updated. I just got this coin back. This has, was awarded the CAC sticker. And so now what this does for the value of this coin is kind of a bit unknown because this, the nineteen fourteen half, Barbara half, just an MS65 alone is really difficult to come by and tough to, you know, really tough to find within the marketplace. The only example I found was a D.
Tony Gryckiewicz:L. Hansen coin that was for sale that was like a thousand dollars more than the PCGS price guide was what the asking price was for that coin without a CAC sticker. And so now with this sticker, I really don't know what could be in terms of the value on this. My plan actually with this coin is to get this crossed over into a PCGS holder and then get it re stickered. And the reason for that is because all of the collectors, the registry set guys are probably gonna, you know, want this coin in a PCGS holder.
Tony Gryckiewicz:So yeah, but folks, that's basically what we're talking about when we say the CAC, you know, green sticker. This is a green sticker that they put on. What they're stating here is just that this coin is a premium example for the stated grade of MS65, ends up increasing the value considerably, you know, in the marketplace. Now this is one of your coins, right? And this is actually a gold CAC.
Tony Gryckiewicz:So when did you get this gold CAC and tell us a little bit about this coin? Do you think this is probably 67 or this could be higher?
Gil Comito:So that coin I purchased at Long Beach about eight years ago, and it was with a batch of walkers of similar dates. They were from the thirties and forties. It was a big batch I bought from a dealer and sent them in. I got six gold kegs out of the batch, and this is one of them. This was the best one.
Gil Comito:Yeah. I've been told that this coin would grade a 68 today.
Tony Gryckiewicz:I think so.
Gil Comito:Will it? Will it not? I I mean, most likely would. It's lustrous as all get out.
Tony Gryckiewicz:Yeah. Yeah. Yeah. I mean, that's so a couple of things really jump out at me. One is the luster of this coin, absolute booming luster.
Tony Gryckiewicz:There's no doubt that the coin and the surfaces are pretty original. I don't see any signs here of, dipping on the coin, which is a chemical kind of process that it brightens the coin up, but reduces the shine and appearance and the luster on the surface of the coin. The other thing I noticed is that the sun here is completely free of any kind of flaws. The coin looks very well struck. I don't see any raw kind of exposed planchet or unstruck planchet kind of in these high points, which is normally where you would see that.
Tony Gryckiewicz:You see a lot of Ms. Liberty's hand, which is usually what a poorly struck point.
Gil Comito:The hand is full.
Tony Gryckiewicz:Yeah, in this case, you know, the hand is very full. I don't see, I mean, I could totally see this thing in an MS68, but I don't think this is not super crazy expensive in a 68 holder though, is it?
Gil Comito:Oh yeah.
Tony Gryckiewicz:Oh, it is.
Gil Comito:So walkers in '68 are, that's where the spread is. For all
Tony Gryckiewicz:the years, For all the years, all the series.
Gil Comito:Yeah. '68 would be worth quite a bit.
Tony Gryckiewicz:So are you going to do it? Are you going
Gil Comito:to No, crack it I probably will never crack this coin. I've been offered some pretty good money four years ago, but it's actually been hidden away for the last three or four years. I really haven't been taking these out to shows, but one person in particular was very fond of this coin and, was trying to twist my arm to get it from me, but, I resisted selling I
Tony Gryckiewicz:see. Okay. All right. Take a look at this next one. So this is another, gold CAC sticker.
Tony Gryckiewicz:You guys can see, there's also this little like, whatever you want to call this thing, this little card that's kind of behind that they tape onto the reverse of gold CAC, basically just another pat on the back to say that you've achieved, you know, the gold sticker. I think I remember this coin. Is this the one that I'm thinking of?
Gil Comito:I that was when I was in Scottsdale. Yeah.
Tony Gryckiewicz:Yeah. I do remember this coin.
Gil Comito:That coin's one of those, it's a lock 65 today, but the price is, it's all blended. I mean, with gold being as, as crazy as it is, I mean, is it worth, it's not worth cracking out and regrading, but
Tony Gryckiewicz:it's A little bit of just a luster break right there, a little bit on the knee, but on the chest is just totally fine. Absolutely. This is certainly an MS65 coin overall and absolute luster bomb. I just remember this coin specifically, And I think that, I remember a couple of guys, we all wanted this coin. All wanted to buy it from you or whatever.
Tony Gryckiewicz:And this was one the ones that
Gil Comito:Yeah. That's the first gold sticker I got on a gold coin. Yeah. One thing about CAC is they are very, very picky when it comes to their gold coins. Even with the green stickers.
Gil Comito:I mean, my own personal success rate for getting stickers on gold coins about 25%. It's pretty bad compared to what I get on the other coins. Gold, they are, they're very, very tough. So stickered gold is, it's worth it. Now the market today is, is saying otherwise, but normally it's, it's really sought after.
Tony Gryckiewicz:Yeah. Yeah. And I like it quite a bit and gold on gold. I mean, are some collectors who just focus on that, you know, CAC stickers on gold coins. It's, it's, it's, it's an interesting pursuit.
Tony Gryckiewicz:It's gonna be really difficult to find these things. And when you do find them, there's a good chance you're gonna end up having to pay really through the nose for, you know, for that coin. In part because of this, the plastic that it sits in and the grade that it's on the coin. But still fantastic coin. $19.28 dollars 20 is a very common coin, but in this case, achievement here really is about the gold sticker on the gold coin.
Tony Gryckiewicz:So you've hunted through thousands of coins at various coin shows and you found an example that CAC put this gold sticker on to, and it's so rare that that occurs that it's kind of an achievement and people pay a lot of money for them. So this is a great one. This is a, this is a 1901 Indian scent in MS 64 brown, this one did achieve the the the CAC. What about this coin jumps at you that is clearly a, you know, CAC quality for MS 64?
Gil Comito:The coin is original. It's 100% original. It's not been tampered with at the chocolate brown color that it, it, that's completely natural. It's not, there's nothing about this that is unnatural. It hasn't been messed with.
Gil Comito:It's, it probably sat in an album for who knows how long and it just kind of turned like naturally and it's very pleasing. There's no distracting marks on this coin. The Yeah. Coin go 65? It's not it's not worth it, but it's just a cool coin.
Gil Comito:Now a lot of people would say, is it worth getting the sticker? On these on certain coins, it can be. Like this particular coin, it it is worth it because there aren't that many common date coin common date Indian head cents with green stickers in this grade range, in a brown. It's not something that people would really think, why would I send it? You know, it costs you quite a bit of money to send in for a sticker.
Tony Gryckiewicz:Yeah. And
Gil Comito:people would, most dealers and people would say, well, why would I do it? Well, yeah. The people that do want this, they're going to pay up for it.
Tony Gryckiewicz:Yeah. Yeah. It certainly helps with liquidity and the marketability of the coin from a dealing perspective, a 100% as a collector, everybody who owns coins should always be thinking about exit strategies eventually for, you know, for their, for the collection, unless they're going to just pass it on to, you know, somebody in which case, you know, a strategy or a plan with that is important too. Totally other, another episode. But in the case of even a common coin, which, you know, this is a great date, 1901, it's turn of the century.
Tony Gryckiewicz:It is a, you know, there's a lot of other 1901 coins that are really nice and are a little bit more important. I'm thinking of like the $19.00 1 Morgan dollar, for example, is a real rarity. You know, the $19.00 $1, right?
Gil Comito:Yeah. The O1P Morgan dollar, you got the O1S quarter. That's a monster.
Tony Gryckiewicz:Okay.
Gil Comito:Yeah. Yeah. There's, there's some O1s. There's, so there's a lot of coins in that early 1900s that are quite rare.
Tony Gryckiewicz:Yeah. Yeah. So, you know, somebody might want this for typeset and in the case of, wanting one example for the type and you have a fairly, you know, a fairly common coin, not a super, really valuable coin, you know, having one with the CAC sticker might really stand out, maybe something that they really, they like. And frankly, all it is is just a signifier to say, this is a high quality coin for the stated grade. The originality of it, like you stated, is, it's really, it's really great.
Tony Gryckiewicz:When we talk about originality folks, we're talking about basically you have the coins that come off the press and at the mint, you know, a hundred years ago, two hundred years ago, the level of surface preservation that still exists today that where the coin hasn't been like messed with at all, where the coin hasn't been chemically adjusted in some way, dipped out to try to improve the, the, the, the, the shine or the, the appearance of the coin. We call this originality. Just think of, you know, anything like any old piece of reclaimed wood or something you're going to put into your home or something, you know, whatever is, you know, whatever it looked like from when it was where you found it, you know, that would be considered to be more original. If you paint the thing over and you cover it up, you make it look in some way. You've taken away the originality of that.
Tony Gryckiewicz:It's the same thing, same concept with coins. In today's market, originality really brings premiums from collectors. People want stuff that's been preserved for all this time. Okay. So I know this coin hits pretty home for you.
Tony Gryckiewicz:It's pretty close to home. So should I flip to the other slide to show what this is? I guess I will do that. So what we have here is you guys see the little D mint mark right down there. Denver.
Tony Gryckiewicz:So we have a nineteen sixteen D. So tell us a story on this guy and and your that. That
Gil Comito:is my infamous 16 D dime that I acquired. I acquired it raw, submitted the coin to PCGS at my very first members only show. It got a 63 split bands grade, which I was ecstatic about. Originally, when I had this coin, I thought it was going to be anywhere between fifty eight and sixty two. I was still kinda, green to the grading game at the time.
Gil Comito:So I really wasn't a 100% sure where it was going to lie. And I got it back 63 split bands, immediately sent it to CAC and they failed it. It's actually failed twice. The second time I finally realized exactly what it is, it has on the obverse, there is a gouge right below on right there. There's a little gouge there and if you look right where her wing is in the in the headdress, there's a scratch, a little staple scratch that goes right down the middle.
Tony Gryckiewicz:This is Yeah. Right
Gil Comito:And it goes all the way down into the goes right in through the hair. Right there. Yeah. You just see it right there.
Tony Gryckiewicz:Yep. Yep.
Gil Comito:Little staple scratch there. CAC hates scratches. They hate scratches. Plain and simple. If you see any kind of little hairline scratch like that, it's it's not happening.
Gil Comito:So now the lucky thing for PCGS probably didn't they probably overlooked it because it is toned over. So it's those marked happened eons ago. Yeah. They're not recent. So they probably that's probably why they kind of overlooked and said, okay, it's market acceptable.
Gil Comito:But the CAC, it's not a top quality for a '63, plain and simple. Yeah.
Tony Gryckiewicz:The I keep getting my eye appealed in for I'm sorry. My eyes keep attracting or kind of being drawn to the mark right here on the cheek. Mean, it just looks like a scar on her face. It's really difficult to get to get past that one. I could totally see the issue there.
Tony Gryckiewicz:And you know, also, you know, I don't know. And this, this is a true view from the PCGS website. Yeah. So this is about a high def image as it is, but these full bands here, these full split bands
Gil Comito:they're full. On on the coin, they are they are solid full. That picture's not very good, but they are they're very they're very full. 16 typically come that way. I've only seen a handful that actually have the bands are combined.
Gil Comito:So, most of them even in those circulated AUs, you can still see a split band.
Tony Gryckiewicz:So Do you have any idea off the top of your head what the sticker would do for a value perspective? How much of a premium you'd get if this coin did get a CAC sticker?
Gil Comito:It would probably bump it $10.15 percent, I would imagine. Yeah.
Tony Gryckiewicz:Which is
Gil Comito:It's definitely, it was definitely worth it's that. 20 mean, dollars twice.
Tony Gryckiewicz:So This is roughly a $20,000 coin, right? Roughly?
Gil Comito:I think they're, they're right. $24.25 right now.
Tony Gryckiewicz:Oh, really? Okay.
Gil Comito:About 30 if it had a sticker.
Tony Gryckiewicz:Yeah. So, I mean, here's your thing that we'll kind of come back to here in a couple of times, think in this conversation, and that is that from a collecting perspective, should a person be happy with this? And it's obviously a very subjective question. Only a person who's collecting can answer that, but me personally, I'd be happy with owning this coin. I think I've tried to buy it from you multiple times.
Tony Gryckiewicz:Yeah. But
Gil Comito:That's because you know the origin of it. Like, if you were just seeing that coin in a showcase, I can see a lot of people passing on it because it is dark.
Tony Gryckiewicz:Because it's dark.
Gil Comito:It is subdued.
Tony Gryckiewicz:I think it's so I think it has that originality though. I I think it it it is dark, but it's not in a in a negative way. And I think the color on the reverse is actually quite nice. It doesn't have the CA stick C sticker probably because of the mark on the face, but, know, I just am not that hung up on it and to pay $5,000 less and to acquire an example of a 16D and 63 full bands to me would be a great opportunity.
Gil Comito:So Yeah. When when you're playing in this level, that $2,530,000 dollar level, it's it's basically the eye of the the beholder. You know what I mean?
Tony Gryckiewicz:Like Yeah.
Gil Comito:If you like the coin, you buy it. If if you don't, you don't. You know what I mean? Because
Tony Gryckiewicz:People want the best quality coins for the money. Yeah.
Gil Comito:Oh, that's true. That's the one thing about the 16 is there are it's not like it is very rare. Don't get me wrong. It's very rare, but there are I think there's like 250 in 63 split bands. You know?
Gil Comito:So
Tony Gryckiewicz:it's Okay.
Gil Comito:They're they're available.
Tony Gryckiewicz:They are.
Gil Comito:Yeah. Is mine the best one? By no means. By no means is it
Tony Gryckiewicz:the best. Yeah. 16Ds are one of those coins that I am actually quite surprised at how expensive a lot of those are, but people, lot of people collect mercury dimes and it is the most rare mercury dime. And it is very, you know, it's very, very difficult find them, especially in higher grades, but they're very readily available in AG3 in the lowest grades and they're very easy to find. It's not a rare coin in my opinion at the So lowest let's keep moving.
Tony Gryckiewicz:All right, so this is one of my failures. This was an eighteen ninety one Carson City $10 I thought this coin was a lock because it's really hard to see just in a photograph, but this coin had very proof like surfaces. When we say proof like, we're talking about, okay, maybe it takes just a brief moment to explain what that means. This is a business strike, okay? So this coin was made for circulation, for commerce to be used, but the US Mint also made proof coins, which were made specifically for collectors.
Tony Gryckiewicz:And those coins had dyes that were heavily, highly polished and the planchets were polished and it produced like a reflective basically surface on the coin, within the fields. And there'd be contrast with the devices here, Miss Liberty's face. So you would have like a frosty, frosty Miss Liberty and you would have reflective, very liquidy reflective kind of field and that was called a proof. Then if it's really, you know, the contrast is really there, it's called a cameo and then even more it's called a deep cameo. But anyways, when business strike coins like this one have an appearance like a proof coin that's called proof like.
Tony Gryckiewicz:And I thought that this coin, even though PCGS did not call this a MS63 with a proof like designation, I thought that this coin, because of the luster and the shine and how this thing worked, I thought this was a lock for a sticker, but it failed. And it actually also failed a crossover to CAC grading as well. And I asked multiple opinions about what that is and it really came down to the chatter for everybody that looked at it. The cheek is fine, which is a major focal point for gold coins, but especially what the people that looked at it, they really zoomed in on this part right behind the head.
Gil Comito:Right behind the bun there.
Tony Gryckiewicz:This is just too chattery. Chatter is what we colloquially call dings and hits, bag mark coins that are banging up against this thing. It's just too much. And unfortunately, you know, for a premium MS63, you would just need to have less of that. So yeah, that was, this is an expensive coin too.
Tony Gryckiewicz:And I sat on it for, I don't know, six, seven months, eight months. And finally I actually took a loss when I sold it. I lost 500 on this coin. So, you know, it's just one of those things that I wanted to recycle capital and get, get, get my money working for me in another way. So it is what it is.
Tony Gryckiewicz:But anyways, so this is another one, I believe of your failures. Yes. Gil. I've talked to
Gil Comito:them about this is a one. Failure. Why it failed? I'm I'm clueless. It's gotta be the fingerprint on the cheek.
Gil Comito:It's that's the only thing I can think of. I mean, the coin has absolutely amazing luster for a 63. Yeah. I don't know. Was just It's one of those gorgeous points I color.
Tony Gryckiewicz:From a color perspective, I mean, is still a very expensive coin because of the color, Plus it's got two sides of color. You got some color here on the reverse as well.
Gil Comito:This coin was actually, when I acquired it, it was in a one of those Manila two by two paper flips.
Tony Gryckiewicz:Okay.
Gil Comito:That's how it got the color. One of my good clients had this coin and actually gave it to me as, for helping them out building a a Morgan dollar set. So this was my gift.
Tony Gryckiewicz:Okay.
Gil Comito:So that's why I kept it. Regardless whether it was gonna grade or sticker or anything, it's one of those coins I'm gonna keep forever. But, yeah, I was blown away when it didn't sticker because
Tony Gryckiewicz:Yeah. I was
Gil Comito:blown away that it got a 63. I thought it was a lot better than that. And I thought, well, it's got a good shot for a gold and it didn't even green. So
Tony Gryckiewicz:Yeah. The the I
Gil Comito:mean, it is what it is.
Tony Gryckiewicz:The thumbprint is just right there. Really bad. Yeah.
Gil Comito:I mean, it's you look at the coin in hand and it's like, man, you could probably identify whoever freaking put that thumbprint on there,
Tony Gryckiewicz:you know? Yeah. And we talked and we talked about yeah, we that's a good good point. We can find the, find the person. No.
Tony Gryckiewicz:We talked about toners in previous episodes and I know a lot of some, you know, some toners have a look called textile toning, which is having to do with like the, how the coin tone against the side of the bag, the treasury sack. This is not that, this is just clearly somebody's fingerprint oils that ended up affecting and turned on the surface. Yeah, it's still a very pretty coin. I mean, still overall, I would love to own this coin, but yeah, not good enough. I think for CAC from an I appeal perspective.
Tony Gryckiewicz:So, is a good point. CAC apparently doesn't look just about technical grading, just about the number of dings and imperfections and surfaces. Also eye appeal has to be there to receive, you know, a green sticker. So I want to get into a few more failures here and this is interesting because, well, I've shown some of these photos and other videos, past videos before I did the podcast on my channel, where I talked about CAC submissions and results of CAC submissions. If you request it, and I don't know if I want to publicize this, I don't know if they do this for everybody.
Tony Gryckiewicz:Maybe, maybe they absolutely do. You always can ask, I think my opinion, I think you should ask. You can ask for comments to be given back to you about why a coin did not, did not sticker. So something really simple like this, this $18.00 7 half dollar. I love the look of this coin when I bought it.
Tony Gryckiewicz:I just liked how I thought the eye appeal was, was, was fairly decent. But even here, I zoom in, because the, you know, the quality of photo is such that it can do that. I can probably see there are the striations of cleaning that have occurred. This is the eye polish up here, but there's striations that have occurred that made this coin to be cleaned. And this is going to fail CHC sticker.
Tony Gryckiewicz:They're pretty hard on clean coins. Would you agree with that?
Gil Comito:Yes. 100%.
Tony Gryckiewicz:It was kind of a, you know, no, no brainer. I love $10 Indian coins, gold coins. This is one of my favorite ones because this is I asked him why he did his sticker, and he said this is MS 63.
Gil Comito:Yep. Yep. Classic. Classic CAC.
Tony Gryckiewicz:Yeah. You know, and I still sold as a 64. I did it pretended it was an actual, you know, I didn't try to, like, knock myself down here to a 63. But yeah. I mean, he basically said that this coin had the the chatter and the, you know, the the look of a of a 63.
Tony Gryckiewicz:And not only so not only was it low quality for the stated grade of 64, but he's actually saying this is, So big, big L took on this one. Here's another one that, you know, some stuff that they should jump out of people about coins don't bother submitting. I mean, if a coin has a noticeable scratch, a stable scratch, especially in a very recognizable area. So I thought in this coin, if you look closely, you can obviously see where it is. Zoom in.
Tony Gryckiewicz:Yeah. I thought this scratch was a bit hidden. When I bought this coin, I was perfectly happy with the coin overall. I thought it had a great overall look. People who saw this coin even later, actually sold this to another very large dealer in the country who bought this coin from me and was happy to have it.
Tony Gryckiewicz:I thought the coin had an amazing look to it overall, but you know, the obvious scratch here was enough for them to fail this thing. I did not get a sticker on that one. And then we got something like this, which, you know, I thought had excellent eye appeal overall. I love the look of this coin. I thought this coin had nice color to it, but he was also able to identify that there was a clean, clean long ago was the note that I got Yeah, from
Gil Comito:it's a clean retoned.
Tony Gryckiewicz:Yeah. Yeah. And this is a, you know, a common, not pattern, but something you find when looking at coins is a lot of coins have gone through the course of history and have been cleaned by various dealers and collectors because it was normal to clean up or to brighten the surface of your coins. And so because of that, you know, then those coins in this case maybe got re toned over and toned back and it actually doesn't look bad today. It doesn't look horrible, but you know, for CAC's perspective, they want originality, especially for an MS 63.
Tony Gryckiewicz:I would say also this coin clearly doesn't have luster. It doesn't have the kind of luster you would expect out of a 63, you know, and that probably comes from the, probably came from the, from the cleaning. So another, another failure. Now let's talk about a couple of failures that I was super shocked with. So this coin, I did not submit this coin.
Tony Gryckiewicz:This coin, I also, when I got it, I saw the prices for what would happen with a $19.15 dollars 10 with a sticker and MS65, were just enormous. And considering the fact that I got this from another dealer, I said to myself, there's a very good chance this been submitted already. Oh yeah. Yeah. But you know, this coin had incredible luster.
Tony Gryckiewicz:It has a great overall eye appeal. I really liked now with, you know, zooming in, I can kind of see some issues. I see kind of a loss of luster here in a bit of the feathers, which on gold coins, I know for a fact CAC wants full luster, especially in MS65 grade and the gem grade needs to have luster on the coin. Can I have luster be subdued by kind of rub that you can see here through the, through the feathers? There's a little bit of, a little bit chattery.
Tony Gryckiewicz:There's a bit of almost like a wipe or something through here. So now as I'm looking at it super close like that, I can see why it failed. Yeah. What do you think? What do you think of this coin?
Gil Comito:Well, without seeing the reverse. Yeah. I mean, believe it or not, I thought that that looks like a standard five. I mean, it's not a, Yeah. It's not a top quality five, but it's a standard five.
Gil Comito:So I I mean, I wouldn't shy away from it. I still I'm definitely sending it. I'm definitely sending it because I know that coin's got a huge, huge bump with a sticker. So you you gotta try it. So.
Tony Gryckiewicz:Yeah. Yeah. This is a good coin. I mean, so I actually don't want to steal the thunder of the, of the next one here because here's a coin $19.00 9 S $10 It was part of this really famous collection called the Harborview collection. MS64.
Tony Gryckiewicz:I did submit this coin. I thought this I love the look of this coin. I love the color of the gold. I thought this was definitely going to sticker and he failed this one. And I can't remember.
Tony Gryckiewicz:I think he wrote a sticker, something about like a surface residue or some kind of a surface.
Gil Comito:Yeah. It looks like you got something going on like, from the center going out to like 09:00, you see where it's really dark in that little dark area, like
Tony Gryckiewicz:something's right
Gil Comito:in there. Yep. Something's going on right in there. Maybe there's a some kind of chem not an s I won't say chemical, but something somebody might have done something to it, maybe, thumbed it, putty, something of that nature.
Tony Gryckiewicz:Well, I've been told that some of these, $10 Indians have, like a film that was put on the surface that was a bit translucent that was meant to, I guess, hide some imperfections that this was something that we used to be done, on these coins. Today, some of these, this film still kind of exists on
Gil Comito:some Yeah. It looks like there's something on it right across there from 09:00 to 03:00. Cause you can tell the drastic difference in the tone from at 12:00 and 06:00. Like, it almost looks like it was in paper, but because that that color isn't circular all the way around it,
Tony Gryckiewicz:there's
Gil Comito:something some little off about it. You can't put your finger on it, but you know that there's something slightly off and that's probably why they shied away from it. Because that's that's another one of those coins that has a has a big bump if you get the sticker.
Tony Gryckiewicz:Yeah. All right? Yeah, absolutely. A 100% Any estimate $10 you get into these, you know, 12S, 13S, 15S, 14S, with these things are very difficult to get with CAC stickers and you get into MS64 and 65, these become really expensive coins. So yeah, it's a huge bump on this one.
Tony Gryckiewicz:So I want to get your opinion on the grading surface. CAC a couple of years ago launched this grading service. They are kind of bringing back a very strict standard, I guess you could say. The coins that go into these holders, believe are equivalent to a coin graded by another agent, another company like PCGS or NGC, but also with the sticker on them. What do you think?
Tony Gryckiewicz:This is a coin that I owned. I actually surprisingly owned this for quite a long time. I did sell it, but what do you think? What are your thoughts on the grading service?
Gil Comito:So the grading service right now, the market's still out.
Tony Gryckiewicz:Well, you mean the jury's still out on, on Yeah.
Gil Comito:There Okay. The market really hasn't figured out the price point on their coins, hasn't quite figured out what collectors are really looking, where are they going because they have they have started a registry, which we're realizing right now that that's kind of where collectors are focusing on. They're focusing on the registries.
Tony Gryckiewicz:Okay.
Gil Comito:We're not doing too many of the Dansko books, the Whitman books, that kind of stuff is that's past tense. Now everybody wants their coins certified. They're putting their coins together in a set, and they're doing the registries. Now, the CAC graded coins, they don't quite fit anywhere. And that's kind of seems to be where the problem is.
Gil Comito:Where does it fit? Like you have NGC registry, you have a PCGS registry, and then you've PCGS has got the got a sticker registry as well. So that's the other problem is, why would I get a coin in a CAC graded when I just get it at PCGS and get a sticker on it and it's the same thing?
Tony Gryckiewicz:Yeah.
Gil Comito:I think that's why a lot of people are kind of hesitant about it because it's a it's a change and, you know, people aren't keen to changing right now.
Tony Gryckiewicz:Sure.
Gil Comito:I guess. Where we kinda got used to that sticker thing. It took us about ten years to get used to the the sticker thing. We got used to it, now we're changing again, and people are like, hey, wait a minute. What's going on?
Tony Gryckiewicz:Yeah. Well, if we know for a fact that like, for example, CC is increasing the prices on the stickering services, So you know it's becoming a lot more challenging and costly to make submissions. I mean, even at the lowest tier, their economy tier, which is for coins up to $3,000 I think the last time I checked, it was like $25
Gil Comito:$25 and you don't get much return. They used to give you your money back if it didn't sticker, but now they're not even doing that.
Tony Gryckiewicz:Yeah. There's a percentage that they give you back, but I think they've even made that smaller. There's less of an incentive here folks to be submitting for stickers. But now when I see coins like this next one in these holders, I think this is going to help them quite a bit because you know, this person submitted, I bought this coin off of pretty much from a person who walked up to her table at the fun show. I am in love with this coin.
Tony Gryckiewicz:This coin I'm still And attached what's that?
Gil Comito:That's a pretty big coin.
Tony Gryckiewicz:Yeah. I'm pretty attached to this coin. The level of originality that I see, the beauty of the color on this 1889 Carson City, which is the key date, the king of the Carson City Morgan dollars and an AE53 CAC. But as more of these big coins transfer into or get crossed over or end up getting graded by the CAC service, you know, for whatever reason it is, as more collectors are getting more keen to it, I think you're going to have more people that are going to warm up to it. They're going be totally fine with keeping this coin.
Tony Gryckiewicz:I would never think of, for example, crossing this into a PC holder and going through all of that mess to get this out of this, go into a PC holder, try to get a sticker back on it. I like it as a 53 CAC. I don't know. What do what would you do? What would you do?
Tony Gryckiewicz:Would you go
Gil Comito:for I'd leave it Personally, I'm leaving it alone. I like, I agree with you. I think that when it comes to the the big money coins like this, like an 89 CC, the 93 S, you're going to people are going to want their coins either with a sticker or with the CACG.
Tony Gryckiewicz:Yeah.
Gil Comito:And once we start getting that that registry where you can start crossing the different holders, you're going to see a lot more people going with their big money coins in this holder than anything else. I I that's where I see where it's going to be going. I don't see you're going see too many cheap stuff in the CACG stuff. Even though they're trying to push that, I I just don't I just don't see that happening. I see the big money coins like this.
Gil Comito:That's what's going to be in in those holders.
Tony Gryckiewicz:What do you what do you think about the holders? Do you like them? The whole just the holders.
Gil Comito:Okay. I will tell you because I've cracked many, many coins in my life. This holder is ridiculous at trying to crack open. It took me about twenty minutes to open one at the fun show, and I I was exhausted. And I've talked to a lot of other people that have that have actually talked to a guy that actually helps design these holders.
Tony Gryckiewicz:Uh-huh.
Gil Comito:And he says this this holder by far is the absolute best holder for security reasons. Like, there is absolutely zero chance of opening that holder and being able to reuse the two pieces. There is impossible to do that. The security of this coin and this holder is top notch.
Tony Gryckiewicz:Yeah. You brought up a really good point. I didn't even think about that, which is the design of these holders, a big part of them has to do with preventing any kind of tampering with the ability to crack apart and to break it into two, put another coin into it, seal it back up in some way and presented it as being real. In a very huge part of what the grading services provide is authentication, but then it also is, you know, I don't want to say guaranteed. Mean, is, there are guarantees involved in
Gil Comito:terms of
Tony Gryckiewicz:what they do, but it's security. Yeah. For, for, for the coin to protect it, but also to protect the collector and the investor, the dealer, people that are transacting with it, that is not being, you know, misused, reused, fakes put into it, etcetera. So, so what you're saying is that this particular holder, it's nearly impossible, virtually impossible to reuse this holder once you, you've opened it. Yeah.
Tony Gryckiewicz:The only thing I will, I do have a small story, well not story, but like, remember those sample slabs, the ones that came out? I was one of the idiots who like pay like a $100 for those things.
Gil Comito:I I do remember that. It was the the state quarter. Yeah. You you bought one and I'm like, dude, you know, got like 10,000 of those on the shelves. Yeah.
Gil Comito:They
Tony Gryckiewicz:were making they were making towers of them at the ANA show. They like, They made a tower of it and they knocked the whole thing over and I paid like a $125 for it. It was so stupid. But anyways, so I carried that in my backpack and I kind of threw it in, I think kind of loose in my backpack. And I don't know why I did that, but it was it was kind of moving around my backpack and I pulled it out and the edge of the the rail on the top had kind of like chipped and like three different chips, like chip chip chip chip kind of along the rail.
Tony Gryckiewicz:But that was, yeah, that was interesting. It's the only time I've ever seen these holders be chipped and it was from basically improper storage on my part. I should be completely honest. So that's where I keep going here and kind of wrap things up. We got a couple of interesting, awesome coins to show people.
Tony Gryckiewicz:So this is one of the failures, right? And you mentioned that you know exactly why this coin failed.
Gil Comito:This coin has an interesting story. So this coin started out in an NGC 65 split band holder.
Tony Gryckiewicz:Okay.
Gil Comito:I purchased it in that holder. Actually, I think I submitted it for the a client to NGC. The coin came back. I bought the coin from them. So I knew where it hadn't been to CAC, But I tried for the crossover first.
Gil Comito:PCGS upgraded to a five plus and I thought, surely, with a five plus, it's a lock. And it didn't get a sticker and it's because you can't really see it in that picture, but on the neck, there's a lot of, like, little tooling lines and there's some hairlines from a little bit of a wipe. And you rotate the coin just the right way, and you see it, and it's yeah. You can just see that one line. Is a line right there.
Gil Comito:That line right there, it when you rotate it and that pops, that line
Tony Gryckiewicz:will
Gil Comito:actually And then I'm like, that's gotta be that's gotta be it.
Tony Gryckiewicz:Yeah. Well, you also have some striking weakness here on the, this is what is, this is a 60 what?
Gil Comito:It's a 65 plus. So that's why it didn't get into a six because it, yeah, if you look around the rim, it is very weakly struck around the rim, almost like it was filled.
Tony Gryckiewicz:Yeah. Yeah. Okay. But, but yeah, so the, the, the point there is about these plus grades because as you mentioned in grading video, plus grades are supposed to be kind of like the PCGS or the NGC version of, hey, this coin is almost a 66, but it's not quite. So we're going to put it like between the two grades.
Tony Gryckiewicz:We're going say it's MS65 plus and they have a higher value of course in a separate price guide value. But typically, well, CAC historically has not looked at the plus grade. They kind of would look at this coin as being an MS65. So you would think logically, if it's an MS65 plus according to PCGS, that CAC would put their sticker on it because it's a premium example of a 65, Right? But in this case and in others, I don't have an I recently had this happen with one of my coins.
Tony Gryckiewicz:Yeah, not necessarily the case. There could still be major issue. Like, I wouldn't call this a major issue, but on a focal area, which is the neck of mercury, the Liberty, Mercury, Liberty, the neck of Liberty focal area. This is going be a big problem,
Gil Comito:But man. Yeah, there's a little bit of tooling in that area too.
Tony Gryckiewicz:Tooling is, yeah, when people, literally there's like, you know, a tool or something that was applied to the surface to remove something, a spot perhaps, but I was just going to say terms of eye peel, man, I think his coin is absolutely gorgeous.
Gil Comito:My original thought was like, he didn't like the color. Because if you look in the blue band from 12:00 to 03:00, it's kind of splotchy. I was thinking maybe that was the reason why they didn't like it. But once I looked at it and you can see the that couple hairlines on the neck and when you rotate it just right and it just pops out in your face, you're just like, oh, that's why.
Tony Gryckiewicz:So Yeah. Okay. So the last three, we're talking about a little quick about reconsideration. So one of the things that CAC offers is that you can have a reconsideration for the sticker, just like at the grading services, can have them reconsider the grade and consider it again for a higher grade, you know, whatever. The same thing is a case with CAC stickers.
Tony Gryckiewicz:This is a coin that I acquired a few years ago from a fellow, a common friend, a mutual friend of I toasted him on this coin pretty
Gil Comito:bad. Joke.
Tony Gryckiewicz:That's bad. He did submit this for reconsideration because this came back with a green sticker. This is a $18.85. This is a proof, proof 63. For a 63, you would expect this coin, I mean, it was just pretty much gorgeous and achieved the green CAC sticker, but he was pretty adamant and I kind of agreed with him that this coin probably should have had a, maybe a gold CAC been at the 64 level.
Tony Gryckiewicz:Definitely there's some cameo contrast here between the Liberty and the field. So, know, why not get the get the gold, but, this did not achieve the gold on the reconsideration.
Gil Comito:That that's one of those coins that would almost guarantee to upgrade into a four, maybe even a five. But for whatever reason, maybe there's a little bit of PVC on it somewhere, or like maybe there's a little bit of a wipe somewhere or something that he didn't like, and that's why it only got the green and not the gold because although, yeah, it probably will upgrade, in his mind, it wouldn't get a sticker at the next level.
Tony Gryckiewicz:Sure. That's what
Gil Comito:he's thinking.
Tony Gryckiewicz:It's a good point, which is what's a requirement for the, for the, for the gold, for the gold CAC. And also, I mean, I wouldn't even bother trying to upgrade this because it's super cool in the Rattler. You
Gil Comito:you mess with that. You wouldn't For have
Tony Gryckiewicz:sure. And in case I haven't before described it and explained it on this podcast before, what we're referring to as a rattler is a colloquial term. It's kind of a, just a term that we use, a nickname that we use for this old PCGS holder from the very first generation or earliest generation of making these coins, making these holders and grading coins. They put them into these plastic slabs and they're called rattler holders because some series might be this one, but I'm not exactly sure off the top of my head if I remember, but some series would not sit completely kind of secure within that. And so you could kind of rattle it and kind of move it around.
Tony Gryckiewicz:It would create like a rattling sound and the coin was actually able to kind of like move a little bit. The, you know, the coin was perfectly safe and fine and secure from a preservation perspective, but the coin just, there was just ever so slight kind of clearance within the slab. And those are called the rattlers. So anyways, but here's a reconsideration win that I had. This was probably one of the best reconsiderations I ever pursued this in 1857 flying eagle scent, AU55.
Tony Gryckiewicz:I bought this with the green CAC sticker on it. And I looked at this and I said to myself, you know, I just do not see any real Why does this coin Why is this coin exactly? Why is this coin not an AE 58? So, I did submit this for the reconsideration and I came back with here with the, with the gold CAC and the flying Eagle with the Rattler gold cack posted to Instagram. Everybody's going wild.
Tony Gryckiewicz:Everybody's trying to buy it from me, blah, blah, blah. And you know, I knew this
Gil Comito:is A rare bird right there.
Tony Gryckiewicz:Yeah. Yeah. No no pun intended.
Gil Comito:Literally a rare bird. Yeah.
Tony Gryckiewicz:So, and I think I ended up selling this kind of in the middle of that real wild time that the heyday of gold cac stuff that occurred a couple of years ago, you know, to a collector who was kind of just paying, you know, really, really, really top dollar for any cold packs. And this is a tough one to find. So, but, all right, I'm going to stop the, the, the presentation and just kind of wrap it up with just like a question or two. Alright. So when evaluating a coin from your perspective, what qualities make you think this is a strong candidate for a green sticker?
Gil Comito:For a green sticker, I'm looking first and foremost, I'm looking at originality. Is this coin original or has it been tampered with? If I can clearly see that the coin has been played with in some way, it goes in the the no pile. If I see anything distracting, the scratches, the hairlines, any of that kind of stuff that we talked about, it goes into the no pile. PVC is a huge thing now.
Gil Comito:I kind of learned about that in recent years. I got lucky when I was first submitting coins. I I didn't really understand it, but if you look at the older holders, that's a major problem with the Rattlers and the OGHs and the fatty NGCs that you have a PVC problem. Because you see a lot of these coins, you say, man, that coin's awesome. And you think, oh, it's definitely going to get a gold and it doesn't even get a green.
Gil Comito:And you sit there and you scratch your head and then you look at it just right. And you, once you learn how to identify what PVC looks like on a coin, you spot it every time. If I see spots of PVC, no, I'm selling it. Get rid of it.
Tony Gryckiewicz:Yeah. Just to explain real briefly. So coins used to be stored in these plastic flips, plastic holders that were kind of flexible and pliable and that flexibility and pliability comes from PVC, which I'm just going to find a definition. I'll throw it up on the screen here. But PVC was an element in that plastic that with over time and with heat and with storage or however it was stored, it would leach onto the coins.
Tony Gryckiewicz:And so many, so many coins had that on the surface and then were submitted for grading and put it into holders and still have that PVC that's on the surface of the coin. It's not too difficult to get off honestly with some acetone. It's not that difficult to get off of the coin, but that is usually completely a no go. So the big question that I really wanted to get your thoughts on, which is, you know, for the average collector, is it worth holding out for a CAC sticker example of every coin that they buy, you know, or can that mindset kind of limit their enjoyment of the hobby?
Gil Comito:That mindset will limit you. Yes. The right now, the way if you really look at the pop the pops of a lot of the graded coins, like I've been studying this stuff for the last couple years.
Tony Gryckiewicz:Yeah.
Gil Comito:There is a very small pop of coins that have stickers. So if your focal if your focus is only on coins that have stickers, I'm not saying you're gonna have a hard time, but you're gonna have a hard time because there are some coins that there's very very few. And if you've got another collector that wants that coin, it's you're not gonna get it. Whereas, you know, like my 16 d and 63 split bands, yeah, there's 250 of them out there, but there might only be 30 of them with a sticker. Well, I'm sure 20 to 25 of them that are that are out there are already gobbled up by collectors, so there's not too many of them that are gonna be available.
Gil Comito:And then there's the other the other factor. If they were stickered ten years ago, there was a major thing of people cracking these coins out and getting the upgrades or trying to get the upgrade. Yeah. So you're playing that game. So even the pops aren't a 100%, but if you look at a coin that has a small pop and a sticker, let's say it's only got 20 coins, it's probably there's probably not even 20 coins.
Gil Comito:There's probably maybe 12 to 15 left with stickers. There's probably some of them that are no longer in with the sticker is what I'm saying. You know what I mean? So if you're if you're dealing with some of these coins, there's only a few. I mean, you either gotta have deep pockets or you just gotta be really, really lucky and know how to identify how to get these stickers and way the or the way CC's going right now with they're not just stickering too much.
Gil Comito:And there's two reasons for that. I think one is is they're kind of hesitant to sticker because they're trying to push the grading. There's one theory. The other theory is, which I'm starting to realize is probably more accurate, is the fact that all the coins that were worthy of a sticker have been stickered. I mean, if you're talking the 20% of a coin in that grade range, and you let's say you have a thousand coins in MS 63, and let's say 200 of them have stickers.
Gil Comito:Well, you probably already got the the top end of that grade. How many more can you get? You know what I mean? So it's Yeah. I don't think there's very many coins out there available to get stickered.
Tony Gryckiewicz:So the collector came to you today with a budget. He has set budget for her and said, I want the best coins I can get for my money. Would you tell them to focus entirely on CAC or to mix, you know, to get some non CAC coins or to just forget the stickering completely and just buy what they love? You know? And I would tell advice and why?
Gil Comito:I would tell them do the mix, but focus primarily on on the sticker. Personally, I'm as you can see, I wear the shirt, so I'm kind of partial to PCGS. Not that NVC is bad. I like NGC. They have their they have their quirks.
Gil Comito:I have coins I specifically send to them because I like them for certain things and I like to suggest for certain things. Yeah, yeah, yeah. But, you know, to me, the best coin right now is a PCGS stickered coin.
Tony Gryckiewicz:That's what most people say. Yeah.
Gil Comito:That's what most people are liking right now. It's Yeah. There's very good return. You hold your value. It it's a pleasing piece.
Gil Comito:You know? It's just it's got a full package and what everybody wants. If you're gonna if you're gonna spend money, you might as well spend money on something that you're gonna get a return on. You know? So
Tony Gryckiewicz:Yeah. In my opinion, if I were answering this question, you know, and somebody came to me specifically, they were trying to build a set of $10 in needs. It kind of depends a lot on the series. And I think that Yes, there's just some it's series very important. There's some series where CAC stickered coins are simply available.
Tony Gryckiewicz:And if they're available, they're not difficult to find and absolutely why are you wasting your time with like a lower quality example when the better quality ones, maybe you're going to pay 5% more, 10% more max. It's not that, you you can find those, buy those, buy they're good quality, etcetera. But in the case of some series, which are really just difficult, very, very difficult to get stickers on. And I think one great example of that is going to be the the $10 Indian, which I just want to flash this again, this guy again on the screen. This gentleman who built this Harborview collection and had one of the top PCGS registry set coins did not have CAC stickered coins.
Tony Gryckiewicz:But I would be, and I was happy to own this and I'd be ecstatic to have this coin in my collection. The color of it is incredible. The luster, the eye appeal of this coin, this is a very pleasing coin and you know, there's a top high end collectors that didn't bother, you know, waiting and searching and searching and searching to try to find the one example that has a sticker and then be chart out the nose for because it happens to have the sticker. That's like the case with my $19.14, $19.14 half dollar. Like that's one of the few ones that have one.
Tony Gryckiewicz:So it's probably going to go to auction, frankly. Yep. Let some per some fanatic for stickers and wants the best of the best go and pay, pay crazy. Let two people compete over the thing and let drive the price up. You can build an incredible collection with stuff that, that doesn't have, that doesn't have stickers on them.
Tony Gryckiewicz:So I would not let that prevent you or preclude you from just buying good quality. The biggest rule is eye appeal, in my opinion. Eye appeal, luster, color, etcetera, you know, and that that that's the primary thing. So anyway, any closing thoughts before we kind of wrap it up? Advice for collectors out there, people watching this video, not, you know, whatever.
Gil Comito:Don't live and die by the sticker. Okay. Like you're you're saying, like, I mean, just because it doesn't have a sticker doesn't mean it's a bad coin. I mean, I've got plenty of coins in my collection, like my 16 d dime. I love that coin, and it's I clearly see why it didn't sticker.
Gil Comito:Yeah. Is it is it really a 63? Maybe, maybe not. But it's it's something that I'm gonna keep because it has a story to me. It's more than just the grade of the coin.
Tony Gryckiewicz:Like, And that you coin is absolutely a 63 and it's absolute 63 full bands. It's just-
Gil Comito:It's, well, like the 20, the 20 Merck dime that I have. I mean, I, I've kept it. I've had this thing for ten years and yeah, it failed sticker. I think I sent it twice. And it's one of those coins that's like, yeah, you know what?
Gil Comito:Forget it. I'll just keep it. You know? Eventually I'm going to sell it, but am I going to get sticker money for it? I probably will get sticker money for it because it's got the color.
Tony Gryckiewicz:Cause it got the color.
Gil Comito:So I'm going get the premium, but it's not going to get it doesn't have the sticker. Okay. It is what it is. You know? Yeah.
Tony Gryckiewicz:Well, thank you so much for doing this again. And Thank hope to, you know, do of course some more in the future. And so I'll be seeing you at the ANA World's Fair Money. I know. So we'll do dinner.
Tony Gryckiewicz:We get some steaks. Yep. We'll do our, we'll do our thing and and hang out.
Gil Comito:Absolutely.
Tony Gryckiewicz:Awesome. Alright. Take care. Safe driving. And I will I'll see you there.
Gil Comito:Appreciate it. Thank you again.
Tony Gryckiewicz:Alright. Yep. See you.
Gil Comito:Yep.
