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 Replies: 22 / Views: 3,571 |
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Pillar of the Community
Canada
5417 Posts |
I was recently reviewing PCGS coins on various auction websites when I noticed something odd.
A PCGS/CAC AU58 1852 3 Cent sold for higher than a normal PCGS MS61 1852 3 Cent.
First I thought it was just an anomaly. Then I saw a 1907 PCGS/CAC AU55 Gold eagle that sold for slightly higher than a normal PCGS MS60 on a different website.
So I am wondering what you think a CAC sticker is really worth; both to you personally and on a market scale.
All opinions are appreciated.
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Pillar of the Community
United States
7840 Posts |
How does the "eye appeal" look? You could have a bland MS coin and a stunning AU coin and the "eye appeal" should win out 99 out 100 times.
Edited by oih82w8
07/18/2013 4:19 pm
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Moderator
 United States
56855 Posts |
To me a CAC sticker is just another TPG giving their grade opinion on a coin. If you value PCGS or NGC's opinion then why pay extra for CAC's opinion?,IMHO. John1  |
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Rest in Peace
United States
4078 Posts |
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If you value PCGS or NGC's opinion then why pay extra for CAC's opinion?,IMHO.  Thank you John1 |
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Rest in Peace
United States
10625 Posts |
I think it partly depends on the color of the CAC sticker. I think green means it meets the criteria for the assigned grade and a gold CAC sticker means it is better than the average for the assigned grade which I think may translate to people perceiving the gold label is a potential grade higher. I know, a lot of thinking...
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Rest in Peace
United States
4078 Posts |
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How does the "eye appeal" look? You could have a bland MS coin and a stunning AU coin and the "eye appeal" should win out 99 out 100 times.  Not sure how you answered the OP question. This was for oihw828  Edited by bpoc1
07/18/2013 4:52 pm
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Rest in Peace
United States
10625 Posts |
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Not sure how you answered the OP question An AU coin can look better than a low grade MS coin. Very true with Morgan dollars. Edited by dave700x
07/18/2013 4:42 pm
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Rest in Peace
United States
4078 Posts |
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I know, a lot of thinking... This leads me to believe a lot of companies want to get in on making money.  |
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Pillar of the Community
 Canada
5417 Posts |
Well the AU had a darker brown/yellow tone while the MS was all white and the sticker was green.
Edited by zxcccxz
07/18/2013 4:46 pm
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Bedrock of the Community
13014 Posts |
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So I am wondering what you think a CAC sticker is really worth; both to you personally and on a market scale. On the market they do better overall, especially when theres a huge jump in price with the next grade. The gold sitckers are highly coveted as well. Certain series they have more effect than others as well. For example high grade IKEs with a sticker do significantly better than ones without. One of the bigger reasons why they do better is because they sticker the best looking coins. Eye appeal is always a winner on the market. In terms of what its worth to people I'm pretty sure youre going to get a split opinion on demographic lines. Older collectors that dont like TPGs in general or just use them for authentication arent going to care. Younger collectors that started out with the TPGs though will for the most part like it and say its sought after. Afterall CAC didnt get where they are by not having anyone care. Overall though the market does assign a premium to them that may or may not exist to an individual depending on who you ask. Edited by basebal21
07/18/2013 5:34 pm
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Pillar of the Community
United States
1839 Posts |
Mark Ferguson did a study on this subject that was posted on coinweek.com about a year ago. There's even a link to download the data at the bottom. If I remember right on average a CAC certified coin sell for about 15% above the average for the grade. Anyway here's the link if anyone wants to check it out http://www.coinweek.com/coin-gradin...ce-premiums/Edited by Tbone
07/18/2013 10:56 pm
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Bedrock of the Community
United States
10982 Posts |
On 4 and 5 figure coins the CAC sticker means a lot. On 2 and 3 figure coins? Not so much.
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Moderator
United States
23522 Posts |
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On 4 and 5 figure coins the CAC sticker means a lot. On 2 and 3 figure coins? Not so much. There are a lot of people - especially the ones who collect the aforementioned 4-5 figure coins - who are thankful for CAC's reassertion of the ability to buy a slab truly sight-unseen in grade. The TPG's got away from that, CAC is forcing a return to it, and the midlevel dealer is benefiting most but the collector isn't hurting as a result. Point being, even if the dealer is snagging a given coin for a customer wantlist which is then refused by the customer, he knows he'll be able to move the coin reliably to an alternate buyer. |
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Valued Member
United States
123 Posts |
It's not worth much on my common date f12 pcgs Barber halves. Yes they really have a green bean on them! For more valuable and high condition coins it can mean a much higher price. 15-20% is pretty consistent with what I see at auction. As always, buy the coin not the holder and the sticker. |
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Bedrock of the Community
United States
10045 Posts |
The ability to buy coins "sight unseen" is one hobby I will thankfully pass on.  I prefer to look my coins in the eye.  |
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Moderator
United States
187702 Posts |
I agree with DVC.  |
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Replies: 22 / Views: 3,571 |
Posted 07/18/2013 4:23 pm
