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 Replies: 40 / Views: 2,096 |
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Pillar of the Community
United States
4233 Posts |
The more I think about it, the more I think this is an odd (but interesting?) question. You're not asking how well the value of the coin will hold up, you're asking how well the value of the slab will hold up. What a world, huh? So, should you buy a CACG MS62 or a PCGS/NGC MS63 at a similar price? Or should you buy a PCGS/NGC MS62 with a CAC sticker, or a CACG MS62?
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Moderator
 United States
56855 Posts |
Here is my view for what it is worth: PCGS has a rep for their coins selling for a bit more. NGC has a rep for over grading by 1 point compaired to PCGS,NGC MS70 is a PCGS MS69.ANACS has a rep for grading coins for the "collector". CAC has a rep for grading "graders".And CACG has yet to build a rep. Right now they just charge more to grade than the others.I may be wrong, but that is how I see it. As always...buy the coin not the holder. John1  |
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Bedrock of the Community
Australia
21645 Posts |
I really do not think that CAC stickers can make all that much of a difference. They most probably been faked as well. Holders are OK for those that like them, but ' Buy the coin, not the sticker', and learn to grade accurately for yourself. TPGrading best utilized when you wish to sell to an unknown bidder on ebay. or, to buy from an unknown ebay seller. |
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Moderator
United States
54172 Posts |
"Buy the coin, not the holder." This is good advice, but it is ignored by a very large proportion of coin buyers. This means that you will generally get more selling a coin slabbed by the major grading companies, than a raw coin. ebay now recognizes CACG as an approved grader along with NGC, PCGS, ANACS, and ICG. Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Moderator
United States
164329 Posts |
 The market is going to do what it does regardless of our (hopefully) more educated intentions.
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Pillar of the Community
United States
4398 Posts |
Quote:
CACG has yet to build a rep. Right now they just charge more to grade than the others. It depends on the coin. Currently CACG has the best value deal for Morgans and Peace dollars under $500. The grading fee is $15. CACG economy rate is $20 coins under $500 PCGS economy rate is $23 coins under $300 NGC economy rate is $23 coins under $300
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Pillar of the Community
United States
4233 Posts |
Actually if you submit at a show, ANACS is $13/coin, 10 coin minimum, $500 max value. So that's the best deal. Personally I don't see what difference it makes which TPG grades it for common Morgan or Peace dollars. |
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Bedrock of the Community
United States
12046 Posts |
CACG requires membership in CAC as an authorized submitter to submit coins for grading. Membership in CAC is usually dealer-only although they do make exceptions for certain folks to join as "collector members." (long-time collectors with large or notable collections, collectors with a consistent history of large high-end purchases especially of CAC coins/from CAC member dealers, connections via membership in large national coin clubs such as the LSCC, etc.) To submit coins to CACG as a non-member, you have to submit them via an authorized CAC submission center - a CAC member dealer. I do not think CAC allows non-members to submit coins directly unless something has changed recently. If you're lucky enough to have one nearby, you can find CAC authorized submitters/dealers doing bulk submissions and get your coins included for grading, just like you can with the other TPG's. CACG coins are not eligible for CAC stickers, btw. All CACG coins are automatically considered to have CAC approval. Pre-requisites to join CAC (when membership is open again - the wait list is/was very long!) - Current ANA member in good standing - (At least) 3 professional or personal numismatic references from other CAC members - If you are not a dealer, you will need to submit a letter and/or conduct an interview explaining why you feel that you are qualified to join CAC as a collector member. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
United States
4398 Posts |
Quote:Actually if you submit at a show, ANACS is $13/coin, 10 coin minimum, $500 max value. So that's the best deal. Personally I don't see what difference it makes which TPG grades it for common Morgan or Peace dollars. It will make a difference when it comes time to sell as the CACG will bring more money than the ANACS. Do a little research on the selling prices and you might change your opinion.
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Valued Member
United States
450 Posts |
I've sent a lot of gold to CAC for stickering, and given my results... I would buy a CAC certified old gold coin sight unseen way before I would *unseen* from any other service. Silver coins not so much. I picked up a few 27 Peace dollars in CAC holders to take a look. I didn't know about the legacy "L" being on the holders, but the ones I have coming just have a two digit number in that area. Does anyone have a link with documentation on the CAC label? It would have probably been wise to research it a little before 'checking them out'. I'm hoping that two digit number isn't the reverse grade.  Edit: I just noticed the three I have coming are labeled 61, 62, and 63 so I have to assume it's an order line number like NGC uses. Although the base certification numbers are all over the place.  Edited by AES
01/13/2024 12:03 am
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Bedrock of the Community
United States
10975 Posts |
Quote:
Edit: I just noticed the three I have coming are labeled 61, 62, and 63 so I have to assume it's an order line number like NGC uses. Although the base certification numbers are all over the place. You are correct about the 61, 62, etc. Just regard them like NGC's -xxx on the end of their cert numbers. The "base" number is random as you noted.
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Bedrock of the Community
Australia
21645 Posts |
What are putting under the spotlight ? - the integrity of the submitter, or - the promotion of the TPG? Would either increase the accuracy of the grading?  |
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Pillar of the Community
 United States
4381 Posts |
I don't think it precisely matches up with NGC's cert line # which starts fresh for each cert. It's more like a line within a batch that might be multiple submissions.
The actual cert# does not seem to have any particular pattern.
PCGS' and ANACS' numbers seem to be generally sequential. Although there are often skips (not encapsulated?) probably because they are assigned when entered into the system.
NGC's too, but they often have several ranges active at the same time (esp. with the different branches).
-----Burton 50 year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, OnLine Coin Club Owned by four cats and a wife of 40 years (joined 1983) |
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Pillar of the Community
United States
4984 Posts |
CAC is known for very strict grading standards so I would assume they are just as good if not better than PCGS.
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Pillar of the Community
United States
4233 Posts |
I scanned it and the 61 is not embedded in the barcode. Not important, just a curiosity. My ANACS submission was all sequential. But I submitted at a show and they peel off a sticker in numerical order and put one on the flip and one on the submission form. I imagine in house they do the same. Odd that CACG seems to assign them randomly. Quote:
It will make a difference when it comes time to sell as the CACG will bring more money than the ANACS. Do a little research on the selling prices and you might change your opinion. As a buyer only, I'm happy when other bidders believe in that whole thing. |
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Replies: 40 / Views: 2,096 |
First Page
Posted 01/11/2024 03:55 am
