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First CAC Acceptable Coins! Pics

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Author Previous TopicReplies: 24 / Views: 2,657Next Topic Page 2 of 2
Pillar of the Community
United States
7123 Posts
 Posted 10/27/2007  9:07 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
I doubt it Jim the sticker applies to coins in a slab !

Im still curious about what benefit if any these coins being slabbed and then stickered by this company may have ?


Lets keep the conversation reasonable !



Metalman

Pillar of the Community
United States
936 Posts
 Posted 10/27/2007  9:12 pm  Show Profile   Bookmark this reply Add chrsb to your friends list
I am thinking he got his free sticker at the coin show-
https://goccf.com/t/20035
I am also think they could at least put the sticker on straight, for what they are charging the sticker should be gold plated.
Edited by chrsb
10/27/2007 9:14 pm
Valued Member
Australia
372 Posts
 Posted 10/27/2007  11:06 pm  Show Profile   Bookmark this reply Add gnome to your friends list
Doen't look like a sticker to me. It looks like it's in a flip cover with a card insert, attached to the slabbed cover.

Also I can see writing on the back of the sticker/insert in the other pic. Why have writing there if it's stuck on?
Only my observations.
Edited by gnome
10/27/2007 11:26 pm
Member
United States
1154 Posts
 Posted 10/27/2007  11:37 pm  Show Profile   Bookmark this reply Add laxmaster92 to your friends list
Obviously it was free stickering at coin fest. You think I would pay for this scam?

The back thing is a card in a flip. These were the only 2 acceptable coins that I could have submitted. The other 2 I had planned to get sstickered were not up to par I guess.
I submitted 2 coins and 2 were stickered lol
Pillar of the Community
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2269 Posts
 Posted 10/28/2007  12:09 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list
Only time will tell, if this catches on.
Pillar of the Community
United States
7123 Posts
 Posted 10/28/2007  02:02 am  Show Profile   Bookmark this reply Add Metalman to your friends list
Man I gotta hope that it don't ! the TPG's have enough collectors chasing plastic now ,,it would be a shame for all of them to have to chase a sticker as well .

with as little info that is available ,such as how much of a value increase should be expected from dealers in the sticker loop when presented with coins which have these PQ stickers ?

I just can't see there being a very large increase to the collector when the coin are sold to one of these dealers, but I can see a considerable increase in costs when buying these stickered coins from a dealer .

Metalman
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United States
2443 Posts
 Posted 10/28/2007  03:15 am  Show Profile   Bookmark this reply Add Amazon99 to your friends list
I don't think this is going to catch on.

Lex, I see yours is on ebay.

quote:
YOU ARE BIDDDING ON-

PCGS MS64 Mercury dime! CAC STICKERED!!

THIS IS THE FIRST CAC APPROVED COIN ON ebay!

SINCE NONE HAVE EVER BEEN LISTED YET, THIS MAY BE EXTREMELY RARE!


Edited by Amazon99
10/28/2007 03:21 am
Member
United States
3242 Posts
 Posted 10/28/2007  04:23 am  Show Profile   Bookmark this reply Add amac44 to your friends list
If ebay going make this rule stick they need to add PCI hell they have ICG. at least PCI is noted in the Cherrypicker Guide
Pillar of the Community
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812 Posts
 Posted 10/28/2007  12:33 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list
My understanding is that the point of CAC stickers is to assist dealers buying "sight unseen." The theory is that one factor depressing the prices of "sight unseen" coins is that some of them are not especially attractive for the grade. Incidentally, CAC will only sticker PCGS and NGC slabs.

I guess this could also help collectors who need to have someone else tell them that a coin looks good.

I cannot imagine any collector wanting a coin with half the reverse covered up by a large red sticker. I'm kinda surprised that dealers want that.

Ah well, if I ever end up with one (which is profoundly unlikely), it won't be staying in its stickered plastic tomb for long anyway.
Forum Dad
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24170 Posts
 Posted 10/29/2007  10:02 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list
Just seems odd Laxmaster that you call it a scam here, but you're willing to sell it on eBay like it's the greatest thing since sliced bread.
Bedrock of the Community
United States
17884 Posts
 Posted 10/29/2007  10:57 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
quote:
My understanding is that the point of CAC stickers is to assist dealers buying "sight unseen."

Interesting, THAT was what the SLABS were for in the beginning.

And folks that is NOT a sticker on the back of the slabs, just an information card in a 2X2 that is taped to the slab. You are SUPPOSED to take that off. The only sticker is the little oval thing on the front.
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 Posted 10/29/2007  2:06 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list
I guess dealers need a lot of help to pay more when buying sight unseen.

Thanks for the clarification about the red sticker, Conder. Regarding my biggest problem with CAC, to quote Rosanne Rosanna Danna, "Never mind." (I'm still not a big fan, but then I'm not a dealer buying sight unseen, so CAC wasn't designed for me, anyway.)
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6394 Posts
 Posted 10/29/2007  5:40 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
The CAC sticker wouldn't bother me, but it would add exactly $0.00 worth of extra value IMO. If you can get the stickers for free, then there's no harm done. It's kind of like getting those free ANACS opinions on raw coins at major coin shows.

Wasn't it Emily Latella who said "never mind"?
Either way, it was the late, great Gilda Radner.
Bedrock of the Community
United States
14454 Posts
 Posted 10/29/2007  6:19 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
be nice if you can get your coins stickered and the TPG's honor them like Gold or something and if you resubmit a coin with a sticker they upgrade the coin or something, but I just don't see that happening. As Metalman said I don't see any difference when buying from a individual with these coins stickered but definately smell a price increase if you were to buy one from a dealer with a sticker on it
Edited by Bryan1315
10/29/2007 6:20 pm
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2443 Posts
 Posted 10/31/2007  12:34 am  Show Profile   Bookmark this reply Add Amazon99 to your friends list
Wow, it actually sold.
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