What percentage of coins you buy are CAC?
chesterb
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I know CAC can bring some feisty discussion but this is a legitimate question that I'm curious about. For those that collect US classic coins, what % of your new purchases are CAC stickered? Do you try to buy stickered coins because you feel they'll be easier to sell or the CAC sticker makes them more valuable?
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About 20%. I buy coins I like and may pay a little more for a CAC coin, but it factors little in the decision of buying the coin or not. I may regret that when and if I sell some.
Maybe 5-10%? I personally ignore stickers, although selling would likely be easier. I’m focused on the coin.
Dave
100%. I know my limitations.
He who knows he has enough is rich.
99% because I’m focused on the coin. The sticker is just always on the slab as well.
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
20 out of 21 gold coins
1/14= 0.0714285714285714%
I buy lots of coins that aren’t CAC eligible - bullion, foreign, ancient, modern US.....
When it comes to CAC-eligible coins, I probably average about 60-70%.
All, with the exception of those that are not CAC-able.
I use the opposite approach. I buy coins I like that I think are solid for the grade assigned, then send them to CAC myself. I'm successful about 75% of the time with 5 gold beans.
I have never thought about it, maybe 5% or so, it is not a factor in my buying decision at all. If I like a coin and feel the price is what I'm willing to pay then I buy it sticker or not.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I'm doing more selling than buying now. But of those I buy, if they're already slabbed, I only buy CAC.
Here's a warning parable for coin collectors...
Roughly 21% of my coins are stickered. Many of them were purchased before CAC's inception but I still buy unstickered coins, today, if I like them. Some of these newer purchases may never have been to CAC, as well...don't know. I have quite a few that I'd like to possibly send in some day.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Honestly, I have coins in my collection that when I pull them out to look at them I am surprised to see a CAC sticker. It seems to matter now more than ever, but a year ago going back, it was as irrelevant to me as the color of the label on the holder.
The bean looks cool and other collectors seem to be comforted by it, but the coin either has a quality and eye appeal I am looking for or it does not. CAC stickers have never changed that fact.
I buy about 30%.
All of my varied-metal bullion, whether it is in a slab or not, has no value added stickers.
Probably 5% or less.....maybe more.....I really don't know and don't care. Like others here have already mentioned....I buy coins I like or need. If it has a sticker it is TOTTALY irrelevant.
Haha . I think a "rough" number would be 20
ditto, and love how you phrased it.
When I did the math it was 20.65 %, so I round it up. LOL. That's just the techie in me coming out.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I sat down and did the math to come up with this exact number ....
Zero.
Same here....
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
Most end up CACed eventually (even if in new plastic), but going in it's about 50/50 for me. Obviously I'm only counting PCGS/NGC coins here and not the raw or other holder stuff I buy to crack out.
I haven't found a coin I'd buy in over a month!
Very few-two out of my 200+ slabs. Stickers are meaningless to me-I can usually tell whether a coin is undergraded, overgraded, or on the money. I don't need a third party telling me that.
I generally buy at a level below "CAC saturation". I buy the coin, and if it's CACed, well that's fine.
Recently bought a 1976D Ike, Type 1, MS65, and an 1874 Seated Half, w/Arrow, XF-40. Both were CACed(!), so maybe they are getting some traction down where I live.....
I currently collect 2 Cent Pieces and happen to have more than one of them approved by CAC.
Now what?
Zero unless it's a stunner.
(in my case 2 out of 18 & one I'm having 2nd thoughts about)
My Saint Set
Admittedly I do have a biggie with a sticker but it came that way when I bought it. I didn't pay a "sticker premium" for it. The sticker was irrelevant when I bought it. If it brings a little more when it's sold so be it.
Sometimes it’s not even the more money. It’s that they usually are easier to sell
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I have a few CAC coins but generally avoid them since coin dealers usually add a CAC Tax to the retail price of their CAC coins. Unfortunately too many of these CAC coins are nothing special. There are just too many nice PCGS/NGC coins in the marketplace that don't require paying the CAC Tax.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
About 90%. Cacked coins are much easier for me to sell when the time comes.
There are 10 types of people in the world, those who understand binary and those who do not.
0% so far.
I buy circulated coins and it seems CAC is mainly for uncirculated coins. Very rarely do I come across a circulated seated dime with a CAC sticker. So I have very few CAC’ed coins.
LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
They'll also add a huge DISCOUNT if you ever decide to sell.
I don't like it, but it's reality now.
Oh, to the point of the topic, if it's over 2K and doesn't have the blessing, it can wait for Perry.
90%. Most of the non CAC ones ended up getting stickers. The rest are world coins or coins CAC doesn’t look at.
My Type Set & My Complete Proof Nickel Set!
Since the sticker thing In fairly new in terms of collectors years I would say close to none % but would have to check. I buy the coin not the holder nor the label.
Best place to buy !
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Less than 1% for me. It really has little to do with my purchase decision but I am not buying monster coins that cost over $5,000. If I was, then I would utilize CAC more.
Over the past few years, I think I’ve only bought CAC’d coins for my personal collection.
Andrew Blinkiewicz-Heritage
Coins in the CAC price range, maybe 15%.
Only 3 coins out of 20 are not CAC. I’ve made a few but most were bought with the sticker.
for the type of coins i buy (gold), i would say 90%. Sometimes CAC is not an option and in those cases i take extra precaution to make sure the non cac coin has not been doctored.
One thing i dont understand (this comment only applies to coins $5000 or more) when people say "i buy the coin, not the holder" is : 1) do you think there is no correlation between the coin and the grade on the holder as well as cac vs non cac? 2) its great that you like the coin but does your opinion carry any weight when the time comes to sell and PCGS and CAC see things differently?
I also judge the ...COIN. However, to get to the buy stage, it will probably have one.
I had 3 serious burns thinking a coin would pass.
i agree ---i have passed on many pcgs cac coins that i just didnt like for whatever reason.
I collect mostly old gold and most of my purchases have a CAC sticker. Like @Gazes previously mentioned sometimes CAC isn’t an option. I see CAC gold coins which I don’t particularly care for and I’ll pass on them. I have sold enough gold coins either to dealers or via auction consignment and the CAC ones out perform the non-CAC ones. I don’t have the skill to buy non-CAC coins hoping they will CAC. And it’s pretty safe to assume that most old gold coins without stickers probably have made a trip to CAC at one point.
If a coin strikes me as solidly graded and exhibits eye appeal (to my eye), I buy it. A CAC sticker is an added bonus (as long as the CAC tax isn’t too high). I’ve only sent one coin to CAC, which got a green sticker.
Very few. They are basically non existent at the Houston shows and overall people could care less. Not the rabid pro CAC atmosphere have sometimes seen here (don’t miss those threads - did some those guys get nerfed lol). The wholesaler who sets up next to me who does a huge volume of slab of sales - have not seen any CAC. Perhaps they are back in his shop retail only marked up accordingly.
I do have CAC coins but not that easy of a sell bc many won’t pay the extra money. I am a buyer of CAC Commems - around 80 pct CDN CAC bid. I have retailed numerous CAC coins online (around CPG for that particular CAC issue). Shows this has been more difficult. Have not encountered any walk up sellers of CAC material at shows.
As I know how to grade and look at coins (been in the business since 1990) the really a really factor for me bc if they cost me more I have to recover that. I can see where somebody doing some esoteric issue 5000 and higher material wb more into CAC or perhaps some novice on 5 star material (over $400). But for 4 star (200- 400) who cares.
In my view really PQ A CAC Coins sell quicker (than other CAC material) especially brilliant with super luster perhaps lite russet / gold toning near the rims.
I will be doing the upcoming Bellaire show and c if any CAC out there. If it’s an A coin and CAC may be buyer. Yes many CAC coins nice but am in the business not lookin be end user.
I have a pretty high percentage, but this is purely coincidental. I buy the coin, not the sticker or the grade as I'm not concerned about resale. I'm at exactly 26.67%
Donato
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