Home U.S. Coin Forum
Options

POLL: What kind of PCGS/NGC graded coins will you cross to CAC 1.0 when they open for business?

Coin FinderCoin Finder Posts: 6,953 ✭✭✭✭✭

POLL: What kind of PCGS/NGC graded coins you own will you cross to CAC 1.0 when they open for business? Anonymous

POLL: What kind of PCGS/NGC graded coins will you cross to CAC 1.0 when they open for business?

Sign in to vote!
This is a private poll: no-one will see what you voted for.

Comments

  • Options
    BustDMsBustDMs Posts: 1,573 ✭✭✭✭✭

    Not crossing but will send in some submissions to see how they are handled.

    Q: When does a collector become a numismatist?



    A: The year they spend more on their library than their coin collection.



    A numismatist is judged more on the content of their library than the content of their cabinet.
  • Options
    DisneyFanDisneyFan Posts: 1,708 ✭✭✭✭✭

    Plus or Star graded PCGS/NGC & CAC

  • Options
    Cougar1978Cougar1978 Posts: 7,636 ✭✭✭✭✭
    edited December 11, 2022 3:42PM

    None. Pretty much well sold out of USA Classic at this time. At least ones that would justify cross over expense. Shifted to graded mods, bullion, world, and currency awhile back. But if deal is right no prob acquiring / retooling US Classic.

    Might buy some CACG to evaluate, etc. see how they really compare PCGS / NGC. IF can buy right. Otherwise not waste money on that. Can buy nice slabbed world, mods, bullion, graded currency for what cost 2 people go out to dinner. Stack nicely in my cases at shows / can get good margin. I would think CACG MV wb same as CAC in CDN. However I haven’t seen this confirmed. It wb interesting see how many CACG on eBay by 06/30/23. Will they surpass ICG?

    So Cali Area - Coins & Currency
  • Options
    oldabeintxoldabeintx Posts: 1,635 ✭✭✭✭✭

    None of the above, including "none". However, if stickered NGC coins don't begin to reflect the fact that they will cross at the same numeric grade, AND CACG is successful, then it will make sense to cross them. I will try for a plus with better stickered coins with a requested minimum, of a plus, again depending on how the market treats CACG. The poll is impossible to answer with any degree of certainty at this stage and the choices are too limited.

  • Options
    coinbufcoinbuf Posts: 10,768 ✭✭✭✭✭

    Zero, I will not be sending in any of my currently stickered coins for crossover. I do have five raw coins picked out and ready to send once they are open. But for myself this more about getting a new first gen holder than anything else, I may consider crossing some coins in the future when I'm ready to sell my collection if the market shows a strong preference for CACG at that time.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Options
    1madman1madman Posts: 1,295 ✭✭✭✭✭

    My vote would be any & all the dreck currently in pcgs & ngc holders. Makes it all more salable, even if it drops a grade. Think about it, worst coins in potentially best plastic.

  • Options
    Cougar1978Cougar1978 Posts: 7,636 ✭✭✭✭✭
    edited December 11, 2022 2:26PM

    Why would stickered Coins (PCGS /NGC) not cross to CACG? Unless the coin went bad in holder since stickering…

    So Cali Area - Coins & Currency
  • Options
    coinkatcoinkat Posts: 22,789 ✭✭✭✭✭
    edited December 11, 2022 2:41PM

    What seems lost in all of this is the coin. Some coins have the look others do not. Holders are less important as they are merely temporary. The quality of the coin does not change... opinions do change

    Experience the World through Numismatics...it's more than you can imagine.

  • Options
    DeplorableDanDeplorableDan Posts: 2,539 ✭✭✭✭✭

    @Cougar1978 said:
    Why would stickered Coins (PCGS /NGC) not cross to CACG? Unless the coin went bad in holder since stickering…

    Are you referring to @oldabeintx comment about NGC stickered coin values reflecting that they would cross? Otherwise, I don’t see any comments made about stickered coins not crossing.

  • Options
    CatbertCatbert Posts: 6,603 ✭✭✭✭✭

    @DeplorableDan said:

    @Cougar1978 said:
    Why would stickered Coins (PCGS /NGC) not cross to CACG? Unless the coin went bad in holder since stickering…

    Are you referring to @oldabeintx comment about NGC stickered coin values reflecting that they would cross? Otherwise, I don’t see any comments made about stickered coins not crossing.

    He’s stuck on a coins “going bad in holder” theme.

    "Got a flaming heart, can't get my fill"
  • Options
    VanHalenVanHalen Posts: 3,809 ✭✭✭✭✭

    A couple of key categories are missing. This poll would likely result in near 0% for anybody.

  • Options
    gumby1234gumby1234 Posts: 5,428 ✭✭✭✭✭

    Why would I spend money for a crossover when my coins are just fine in their current holders? Maybe try some raw coins or purchase some already in CAC slabs thou.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • Options
    rickoricko Posts: 98,724 ✭✭✭✭✭

    None.... However, this will sure be interesting to watch. Fun times ahead... Cheers, RickO

  • Options
    jmlanzafjmlanzaf Posts: 31,935 ✭✭✭✭✭

    What an odd poll. Clearly not designed to gather opinions but to push an agenda.

  • Options
    oldabeintxoldabeintx Posts: 1,635 ✭✭✭✭✭

    Not sure I've made my point clear regarding crossing NGC coins. I've read that stickered NGC coins sell for less than stickered PCGS coins. I imagine this has something to do with registries, otherwise it wouldn't make any sense (not sure it makes sense in any event). With the cross guarantee, NGC and PCGS stickered coins may, absent the PCGS registry thing, achieve parity in the market. If this doesn't occur I may submit my more expensive stickered coins in to CACG. Again, this also assumes that CACG is successful in terms of added value. I'm agnostic when it comes to holders, but not when it comes to potential liquidation.

  • Options
    DeplorableDanDeplorableDan Posts: 2,539 ✭✭✭✭✭

    @jmlanzaf said:
    What an odd poll. Clearly not designed to gather opinions but to push an agenda.

    I too, question OP's original intention by creating a poll with these options. JA said himself that it would likely not be in anyone's best interest to cross stickered old holders, or any gold stickered coins, as the collectible value of either may outweigh the benefits of a CAC slab. As far as + graded coins with a CAC sticker, those could make sense to cross at the same grade only. You would then know if CAC considers it an A or B coin, which was previously unclear as CAC ignores plusses for the stickering service.

  • Options
    fiftysevenerfiftysevener Posts: 897 ✭✭✭✭

    Still unclear if my NGC/PCGS CAC coins will cross to CACG holders. Do they guarantee to cross ?

  • Options
    jmlanzafjmlanzaf Posts: 31,935 ✭✭✭✭✭

    @DeplorableDan said:

    @jmlanzaf said:
    What an odd poll. Clearly not designed to gather opinions but to push an agenda.

    I too, question OP's original intention by creating a poll with these options. JA said himself that it would likely not be in anyone's best interest to cross stickered old holders, or any gold stickered coins, as the collectible value of either may outweigh the benefits of a CAC slab. As far as + graded coins with a CAC sticker, those could make sense to cross at the same grade only. You would then know if CAC considers it an A or B coin, which was previously unclear as CAC ignores plusses for the stickering service.

    Agree. All of the poll options are special cases that you would be less likely to submit until or unless CACG proves itself to be superior in the marketplace.

  • Options
    coinbufcoinbuf Posts: 10,768 ✭✭✭✭✭
    edited December 12, 2022 10:34AM

    @fiftysevener said:
    Still unclear if my NGC/PCGS CAC coins will cross to CACG holders. Do they guarantee to cross ?

    Yes and no, they will cross at grade (plus not a guarantee) unless the coin has changed in the holder. This applies to copper color designations also, if in CACG's opinion the color has changed there is no automatic cross.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Options
    oldabeintxoldabeintx Posts: 1,635 ✭✭✭✭✭

    @coinbuf said:

    @fiftysevener said:
    Still unclear if my NGC/PCGS CAC coins will cross to CACG holders. Do they guarantee to cross ?

    Yes and no, they will cross at grade (plus not a guarantee) unless the coin has changed in the holder. This applies to copper color designations also, if in CACG's opinion the color has changed there is no automatic cross.

    But remember one can stipulate a minimum grade, as other TPG's do. If a coin, most likely copper, is doubtful, save the fees.

  • Options
    oldabeintxoldabeintx Posts: 1,635 ✭✭✭✭✭

    PS, the "plus" and "star" designations might be lost as well. One can stipulate a "plus" minimum as well.

  • Options
    Namvet69Namvet69 Posts: 8,672 ✭✭✭✭✭

    But I'll certainly enjoy the opinions of the playahs!

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall

  • Options
    ashelandasheland Posts: 22,694 ✭✭✭✭✭

    No crossing, but wouldn't mind buying some in their new holders when I see them, assuming I like the coin and all...

  • Options
    yspsalesyspsales Posts: 2,215 ✭✭✭✭✭

    Probably zero.

    Funny thing happened at the ANA grading seminar.

    I always worked with PCGS coins and it was conducted with NGC coins.

    Felt there was a gap of about a point on certain series between the two TPG's

    Have no interest in learning another system.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • Options
    WalkerfanWalkerfan Posts: 8,974 ✭✭✭✭✭
    edited December 12, 2022 3:42PM

    Ready for a mind blow? I’m still involved in the registry ATS and, so far, there has been no indication that these new CAC slabs will even be allowed to participate in that game. If this is true; I will probably avoid the new CAC slab, altogether, and stick to PCGS and NGC with or without the CAC sticker, unless the coin in the new CAC slab is spectacular. No way will I cross anything under any circumstances….

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set (1916-1947)

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • Options
    KoveKove Posts: 2,026 ✭✭✭✭

    I won't cross any.

    But I will continue to buy PCGS/CAC stickered as long as I can.

    I still find value in the "second opinion" concept of PCGS + CAC. I find less value in the single opinion of just CAC grading.

  • Options
    Jzyskowski1Jzyskowski1 Posts: 6,651 ✭✭✭✭✭
    edited December 12, 2022 4:36PM

    Absolutely none.
    I will add one to my collection for different types of holders but can wait until eBay starts handling them. Just one and one only
    I do hope that perhaps more anacs slabs become available. I really enjoy buying them as the grading quality is generally good as the other guys. 😁

    🎶 shout shout, let it all out 🎶

  • Options
    Cougar1978Cougar1978 Posts: 7,636 ✭✭✭✭✭
    edited December 12, 2022 6:14PM

    Absolutely none. Would rather spend that on dining, entertainment.

    I have never seen such a mess about the holder game lol. With how the poll is going looks people don’t give a hoot for it anyhow.

    Just list them on an excel spreadsheet and that way you can organize how you want. I do use the registry as an inventory manager for my Pcgs material which works just fine for me.

    So Cali Area - Coins & Currency
  • Options
    DeplorableDanDeplorableDan Posts: 2,539 ✭✭✭✭✭
    edited December 12, 2022 6:22PM

    @Cougar1978 said:
    Absolutely none. Would rather spend that on dining, entertainment.

    I have never seen such a mess about the holder game lol. With how the poll is going looks people don’t give a hoot for it anyhow.

    Just list them on an excel spreadsheet and that way you can organize how you want. I do use the registry as an inventory manager for my Pcgs material which works just fine for me.

    I’m not challenging your viewpoint in any way, but please don’t place much value on the results of this poll. The options are limited to the coins that are least likely to get crossed. Make another poll asking if anyone plans to cross modern NGC holdered coins with stickers, and the results would be vastly different.

  • Options
    jmlanzafjmlanzaf Posts: 31,935 ✭✭✭✭✭
    edited December 12, 2022 7:10PM

    @DeplorableDan said:

    @Cougar1978 said:
    Absolutely none. Would rather spend that on dining, entertainment.

    I have never seen such a mess about the holder game lol. With how the poll is going looks people don’t give a hoot for it anyhow.

    Just list them on an excel spreadsheet and that way you can organize how you want. I do use the registry as an inventory manager for my Pcgs material which works just fine for me.

    I’m not challenging your viewpoint in any way, but please don’t place much value on the results of this poll. The options are limited to the coins that are least likely to get crossed. Make another poll asking if anyone plans to cross modern NGC holdered coins with stickers, and the results would be vastly different.

    Agree. Or even just ask whether anyone will use CACG as a grading service and I imagine you would find that most people will consider them. 3 of the 4 options in this poll (rattlers and gold CAC) carry such a high premium, you would be a fool to even ask PCGS to reconsider them for an upgrade. The 4th one (plus or star) will really depend on whether you can specify a cross with the equivalent. I'm happy to see that almost everyone chose none of the above.

  • Options
    jesbrokenjesbroken Posts: 9,303 ✭✭✭✭✭

    I have never lost money on PCGS, so I will stay with them. Not saying I have had hundreds of PCGS graded coins, but what I have I have always made a profit on when selling. If I had a $20k coin, that might change if the increased value pans out long term, but then I will never have a $20k coin. lol
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • Options
    goldengolden Posts: 9,062 ✭✭✭✭✭

    None.

  • Options
    robecrobec Posts: 6,603 ✭✭✭✭✭

    I may send a few non Registry coins in.

  • Options
    jonrunsjonruns Posts: 1,196 ✭✭✭✭✭

    A P/C 58+ gold coin that DW thinks is a UNC. And worth significantly more as a 61 or 62.

  • Options
    winestevenwinesteven Posts: 4,062 ✭✭✭✭✭

    @jonruns said:
    A P/C 58+ gold coin that DW thinks is a UNC. And worth significantly more as a 61 or 62.

    From my understanding, JA and CAC are super tough with friction. While I have a lot of respect for DW, I’d be surprised if many of the gold coins graded 58+ that DW thinks should be 61 or 62 will be agreed with by CACG.

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • Options
    BillJonesBillJones Posts: 33,484 ✭✭✭✭✭

    One might conclude from this poll that the new CAC holder might have a harder time gaining traction in the certification market than was first perceived. I prefer to spend more money on additional coins, tokens and medals in my collection than on certification fees.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    PerryHallPerryHall Posts: 45,433 ✭✭✭✭✭

    Will NGC and PCGS allow CAC slabs in their registries? I doubt it.
    Will CAC establish their own registry? Possibly.

    Worry is the interest you pay on a debt you may not owe.

  • Options
    BillJonesBillJones Posts: 33,484 ✭✭✭✭✭

    @PerryHall said:
    Will NGC and PCGS allow CAC slabs in their registries? I doubt it.
    Will CAC establish their own registry? Possibly.

    NGC might let the CAC into their registry for U.S. coins, but PCGS will never do that.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • Options
    winestevenwinesteven Posts: 4,062 ✭✭✭✭✭
    edited December 13, 2022 4:34AM

    @PerryHall said:
    Will NGC and PCGS allow CAC slabs in their registries? I doubt it.
    Will CAC establish their own registry? Possibly.

    Here are some thoughts, plus answers (in point #3):

    1. Since NGC allows PCGS slabs in their Registry, I believe chances are high they’ll also allow CACG slabs too.
    2. I agree that PCGS in all likelihood will NOT allow CACG slabs in their Registry. As such, since the PCGS Registry is important to me, that’s why I won’t cross my PCGS Registry coins to CACG.
    3. CACG will absolutely have their own Registries. Notice this is “Plural”. Each of their two separate Registries WILL indeed accept coins graded by PCGS and NGC (as well as their own holders). One of the two Registries will be for coins with OR without CAC stickers. The other registry will be limited to PCGS and NGC coins WITH CAC stickers and/or coins in the new CACG holders. Each of the two registries WILL recognize (and reward) “+” grades. Additionally, the Registry formula will take into account not only the grade, but also how tough that date is. So in Type Sets, coins in key dates and other tough dates will be rewarded compared to common dates in the same grades.

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996
  • Options
    MFeldMFeld Posts: 12,053 ✭✭✭✭✭

    @BillJones said:
    One might conclude from this poll that the new CAC holder might have a harder time gaining traction in the certification market than was first perceived. I prefer to spend more money on additional coins, tokens and medals in my collection than on certification fees.

    Based on the way the poll was set up, it's not surprising to see that someone might come to that conclusion regarding traction for CAC holders.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Options
    jmlanzafjmlanzaf Posts: 31,935 ✭✭✭✭✭

    @winesteven said:

    @jonruns said:
    A P/C 58+ gold coin that DW thinks is a UNC. And worth significantly more as a 61 or 62.

    From my understanding, JA and CAC are super tough with friction. While I have a lot of respect for DW, I’d be surprised if many of the gold coins graded 58+ that DW thinks should be 61 or 62 will be agreed with by CACG.

    Steve

    I'd also love to know what the coin is. While it may be a pop 1, I would think that at auction a 58+ CAC would sell for more than a 61/62 for most coins. 58+ CAC in gold is really special in the current market.

  • Options
    jmlanzafjmlanzaf Posts: 31,935 ✭✭✭✭✭
    edited December 13, 2022 5:56AM

    @MFeld said:

    @BillJones said:
    One might conclude from this poll that the new CAC holder might have a harder time gaining traction in the certification market than was first perceived. I prefer to spend more money on additional coins, tokens and medals in my collection than on certification fees.

    Based on the way the poll was set up, it's not surprising to see that someone might come to that conclusion regarding traction for CAC holders.

    Which might have been the (silent) OP's point in creating the poll.

  • Options
    DollarAfterDollarDollarAfterDollar Posts: 3,214 ✭✭✭✭✭

    I like eye appealing coins, can't afford rare ones. CAC will be getting a submission from me when the flood gates open.

    If you do what you always did, you get what you always got.
  • Options
    jonrunsjonruns Posts: 1,196 ✭✭✭✭✭

    From my understanding, JA and CAC are super tough with friction. While I have a lot of respect for DW, I’d be surprised if many of the gold coins graded 58+ that DW thinks should be 61 or 62 will be agreed with by CACG.

    Steve

    I'd also love to know what the coin is. While it may be a pop 1, I would think that at auction a 58+ CAC would sell for more than a 61/62 for most coins. 58+ CAC in gold is really special in the current market.

    The OP's question was what kind of coins will you try to cross to CAC 1.0 and personally I will try to cross a P/C 58+ rare gold coin that I own. I'm not cracking it out, so if it doesn't cross no problem.

  • Options
    Cougar1978Cougar1978 Posts: 7,636 ✭✭✭✭✭
    edited December 13, 2022 12:52PM

    Frankly have none (Classic Coins - sold out or not material enough justify hassle / cost). So would just buy the CACG coins when they come out if even going in that direction.

    So Cali Area - Coins & Currency
  • Options
    jmlanzafjmlanzaf Posts: 31,935 ✭✭✭✭✭

    @jonruns said:

    From my understanding, JA and CAC are super tough with friction. While I have a lot of respect for DW, I’d be surprised if many of the gold coins graded 58+ that DW thinks should be 61 or 62 will be agreed with by CACG.

    Steve

    I'd also love to know what the coin is. While it may be a pop 1, I would think that at auction a 58+ CAC would sell for more than a 61/62 for most coins. 58+ CAC in gold is really special in the current market.

    The OP's question was what kind of coins will you try to cross to CAC 1.0 and personally I will try to cross a P/C 58+ rare gold coin that I own. I'm not cracking it out, so if it doesn't cross no problem.

    I understand that. What I'm saying is that a successful cross might LOSE you money. Depending on the specific coin, of course.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file