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CACG coin for sale; sticker or no sticker

fastfreddiefastfreddie Posts: 2,852 ✭✭✭✭✭

Ebay of course.

First, I have no affiliation with this listing.

The listing says 'it also has a CAC sticker'...

Let the confusion begin but to me the sticker is part of the slab and not a separate review. Is this seller confused or am I? I think the later.

https://www.ebay.com/itm/404434878601?hash=item5e2a328089:g:MF4AAOSwQVhk1q8Z&amdata=enc:AQAIAAAAwEJP3k+QXDXZjCawAyDOScXSnds5Sq5oou0XSJtIPNzJs9ADLMsl7gmpEtO+vCmyI4X/Tgc0FJbiGCVxg9PVx4gdmkgjkKBJjN90AiPjTN7DUtN2KFgGgJ5GXIPfpoJsCJubBrXtc+zO1Tm7PKefewaSl6Qpzr7boS9rcKQCgo8Evh5YSWRH9LCPb0Un74lPr/NHFxDbMeG0/3IeWuruS1vKxXdmbjPFeMdwR3Im70ih4nePEbjWdseqNcIJSQgv5Q==|tkp:Bk9SR7y536-_Yg

It is not that life is short, but that you are dead for so very long.

Comments

  • WalkerloverWalkerlover Posts: 952 ✭✭✭✭

    Apparently he is confused. The sticker is just the logo. I didn’t know that EBay was accepting CACG coins now for sale.

  • MFeldMFeld Posts: 13,899 ✭✭✭✭✭

    Why not message the seller and ask?

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

  • PeakRaritiesPeakRarities Posts: 4,046 ✭✭✭✭✭

    I know that seller, he's a YN that's active on FB. I just messaged him that he might want to fix the wording. The description reads like it was written by AI.

    Founder- Peak Rarities
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  • KoveKove Posts: 2,038 ✭✭✭✭

    @Walkerlover said:
    Apparently he is confused. The sticker is just the logo. I didn’t know that EBay was accepting CACG coins now for sale.

    If someone is launching a grading service, I think it'd be malpractice not to be ebay approved at launch.

  • coinbufcoinbuf Posts: 11,531 ✭✭✭✭✭
    edited August 15, 2023 1:24PM

    The CACG label has the bean as part of the label not an add-on like it would be for a PCGS or NGC slab. Either the seller is confused or unclear about this or is just using it as a hype/selling tool. Not real surprising, I figured there would be some confusion early on.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • ChrisH821ChrisH821 Posts: 6,558 ✭✭✭✭✭

    Is the grade assigned by CACG the grade that the coin would be given a bean in other TPG holders? Apologies if this has been asked and answered several times elsewhere.

    Collector, occasional seller

  • fastfreddiefastfreddie Posts: 2,852 ✭✭✭✭✭

    @MFeld said:
    Why not message the seller and ask?

    Because I was not sure, thought I'd ask here.

    It is not that life is short, but that you are dead for so very long.
  • coinbufcoinbuf Posts: 11,531 ✭✭✭✭✭

    @ChrisH821 said:
    Is the grade assigned by CACG the grade that the coin would be given a bean in other TPG holders? Apologies if this has been asked and answered several times elsewhere.

    In a nutshell yes, a CACG graded coin is equal to a PCGS/NGC coin with a green bean as the same criteria is used for either operation.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Cougar1978Cougar1978 Posts: 8,400 ✭✭✭✭✭
    edited August 15, 2023 2:55PM

    CAC CPG for that coin is $218. And they asking $650? Whoa…ol Rip if he was still alive wb rofl.

    Back in day dealers would ask him “Hey Rip what’s it worth.” He knew how to price coins and root out those that were BS.

    Coins & Currency
  • VanHalenVanHalen Posts: 4,121 ✭✭✭✭✭

    It is the equivalent of a green sticker on an XF 45. That's what a CACG XF 45 represents. Correct me if I'm wrong.

  • Cougar1978Cougar1978 Posts: 8,400 ✭✭✭✭✭
    edited August 15, 2023 3:19PM

    Yes the 2 mean same. IMO They wb shooting themselves in the foot to try say otherwise.

    However I can see some people bidding up CACG stuff to get one (well off players in bid war). Or some seller having one for moon money c if any bites.

    Coins & Currency
  • fastfreddiefastfreddie Posts: 2,852 ✭✭✭✭✭

    Received an offer from the seller....

    my response:

    Hi there,

    Thank you for your offer. I don't collect holders so the value to me is no more than $250. I understand the CACG is just starting to grade so they are new to the marketplace. I collect seated quarters and have a registry set. May I point out that there is no CAC sticker on this coin holder. It is part of their logo for the holders. They are not reviewing their own graded coins; only PCGS and NGC.

    John

    @MFeld

    It is not that life is short, but that you are dead for so very long.
  • Cougar1978Cougar1978 Posts: 8,400 ✭✭✭✭✭
    edited August 17, 2023 5:33AM

    There is no reason why they should. The CACG coin has been graded and holdered by CAC! Hence the CAC symbol on the CACG holder. Neat.

    Coins & Currency
  • FlyingAlFlyingAl Posts: 3,451 ✭✭✭✭✭

    I think the description was AI written. Seems like the seller knows that’s going on, but didn’t proofread his description.

    That’s a risky game if it’s what he’s doing…

    Coin Photographer.

  • Manifest_DestinyManifest_Destiny Posts: 6,900 ✭✭✭✭✭

    It's a pop 1!!!

  • Cougar1978Cougar1978 Posts: 8,400 ✭✭✭✭✭
    edited August 16, 2023 8:58PM

    Will deep pocket players be putting in nuke bids get the CACG coins? How high will you go? 2x retail, 3x?

    Coins & Currency

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