@ironmanl63 said:
My order shows to be in postgrading. No results are shown but looks like the coins have already been graded. Unbelievably fast movement so far.
My order was a day behind you when your went from received to Grading. Mine did go to grading the following day. It will be interesting to see if it goes to postgrading tomorrow.
That’s a span of 5 days……..lightning fast.
Edited: just checked, postgrading here also.
Email just received grades are in. Like @ironmanl63 my submission was a cross. Even with being a cross 7 days (received 10/5, finalized 10/12) is very fast. Included with the grades are 6 high res photos, 2 large size by side, one with light background, one with dark, a large obverse and a large reverse, and a slab shot of each side.
My submission included 6 Braided Hair Large Cents, 1850, 1851, 1852, 1853, 1854 and 1855 upright 5.
All were previously graded PCGS MS65BN except the 1850 which was MS66BN. The grades crossed at the same grade on all except the 1855 which picked up a +.
@ironmanl63 said:
My order shows to be in postgrading. No results are shown but looks like the coins have already been graded. Unbelievably fast movement so far.
My order was a day behind you when your went from received to Grading. Mine did go to grading the following day. It will be interesting to see if it goes to postgrading tomorrow.
That’s a span of 5 days……..lightning fast.
Edited: just checked, postgrading here also.
Email just received grades are in. Like @ironmanl63 my submission was a cross. Even with being a cross 7 days (received 10/5, finalized 10/12) is very fast. Included with the grades are 6 high res photos, 2 large size by side, one with light background, one with dark, a large obverse and a large reverse, and a slab shot of each side.
My submission included 6 Braided Hair Large Cents, 1850, 1851, 1852, 1853, 1854 and 1855 upright 5.
All were previously graded PCGS MS65BN except the 1850 which was MS66BN. The grades crossed at the same grade on all except the 1855 which picked up a +.
Congrats! Still waiting on mine. I did have one variety Flying Eagle. I hope to have my grades soon. Super impressed on the speed thus far.
@ironmanl63 said:
My order shows to be in postgrading. No results are shown but looks like the coins have already been graded. Unbelievably fast movement so far.
My order was a day behind you when your went from received to Grading. Mine did go to grading the following day. It will be interesting to see if it goes to postgrading tomorrow.
That’s a span of 5 days……..lightning fast.
Edited: just checked, postgrading here also.
Email just received grades are in. Like @ironmanl63 my submission was a cross. Even with being a cross 7 days (received 10/5, finalized 10/12) is very fast. Included with the grades are 6 high res photos, 2 large size by side, one with light background, one with dark, a large obverse and a large reverse, and a slab shot of each side.
My submission included 6 Braided Hair Large Cents, 1850, 1851, 1852, 1853, 1854 and 1855 upright 5.
All were previously graded PCGS MS65BN except the 1850 which was MS66BN. The grades crossed at the same grade on all except the 1855 which picked up a +.
Were these previously stickered coins that crossed as legacy?
Congrats on the upgrade @robec ! Would love to see the photos once you have them, I also requested photos of all my coins. I got tied up with life and work and was not able to send my submission until this past Monday. My coins were received and logged in yesterday, all raw coins under the econ tier so I don't expect to see any results for a few weeks.
@ironmanl63 said:
My order shows to be in postgrading. No results are shown but looks like the coins have already been graded. Unbelievably fast movement so far.
My order was a day behind you when your went from received to Grading. Mine did go to grading the following day. It will be interesting to see if it goes to postgrading tomorrow.
That’s a span of 5 days……..lightning fast.
Edited: just checked, postgrading here also.
Email just received grades are in. Like @ironmanl63 my submission was a cross. Even with being a cross 7 days (received 10/5, finalized 10/12) is very fast. Included with the grades are 6 high res photos, 2 large size by side, one with light background, one with dark, a large obverse and a large reverse, and a slab shot of each side.
My submission included 6 Braided Hair Large Cents, 1850, 1851, 1852, 1853, 1854 and 1855 upright 5.
All were previously graded PCGS MS65BN except the 1850 which was MS66BN. The grades crossed at the same grade on all except the 1855 which picked up a +.
Were these previously stickered coins that crossed as legacy?
Yes, all 6 were green stickered and are L’s. The 1850 was in an NGC slab as MS67BN before I had it. It was not stickered then. I don’t know if it had been sent in or not.
@coinbuf said:
Congrats on the upgrade @robec ! Would love to see the photos once you have them, I also requested photos of all my coins. I got tied up with life and work and was not able to send my submission until this past Monday. My coins were received and logged in yesterday, all raw coins under the econ tier so I don't expect to see any results for a few weeks.
I will have to resize the photos. The side by sides are roughly twice as large as the Max size TrueViews. The photos are shot through the slab but that doesn’t detract from the results. They all turned out first rate. These coins were all brown, from a lighter shade to a dark chocolate. I’m not sure how the result will be on some of the toners. On most colorful coins, especially proof and PL, the slab can be a great deterrent. I think the slab shots do need some work as the coin looks pretty flat with little relief.
You may be surprised on the turnaround. I don’t think it will take several weeks……..I’ll bet 2 weeks tops (fingers crossed).. I have a 3 coin Regular submission at our hosts here that is still in the Received stage even though it was logged in a week before CACG received this submission (9/28 at PCGS). You may get your grades back before my PCGS sub finally reaches the Grading stage.
...... I think the slab shots do need some work as the coin looks pretty flat with little relief.
I only have one coin, and I was not happy at all with the Slab shots. As you noted, disappointingly flat with little if any relief. As you're a professional coin photographer, how easy or difficult to fix is this significant Slab shot problem they're having?
Thanks.
Steve
A day without fine wine and working on your coin collection is like a day without sunshine!!!
...... I think the slab shots do need some work as the coin looks pretty flat with little relief.
I only have one coin, and I was not happy at all with the Slab shots. As you noted, disappointingly flat with little if any relief. As you're a professional coin photographer, how easy or difficult to fix is this significant Slab shot problem they're having?
Thanks.
Steve
I think Justin is concentrating more on making the lights look even across the whole slab. He could try moving lights around and put a little more emphasis on the coin, but then you’re dealing with possible hot spots on the slab. It might be easier and quicker to just adjust the levels in the photo editor.
When you are only working with a handful of coins you have the luxury of spending extra time, but when you are dealing with a large number of coins time is no longer your friend.
I have included the original slab shot, a slab shot with a slight levels adjustment and Justin’s original Obverse shot for comparison
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
@coinbuf said:
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
I understand, but I see a need for much better photos for when the time comes to sell if the potential buyer does not have the opportunity to see the coin in hand.
Separately, I don’t buy at all the phony excuse of a shortage of time. How do you then explain that GC, Heritage, Stacks, Legend, DLRC and many others ALL have slab shots that are FAR superior?
I just had a conversation with a few other collectors who swim in a deeper part of the pool than me. We were all discussing a lovely multi-million dollar 1881 Trade Dollar graded PR67 by CACG currently on the market. Here are two comments of theirs without me saying a word about the CACG slab shot: “Boy that slab photo is awful.”, and “Oh boy, that slab shot is pitiful. Yeesh!”
Steve
A day without fine wine and working on your coin collection is like a day without sunshine!!!
@coinbuf said:
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
Separately, I don’t buy at all the phony excuse of a shortage of time. How do you then explain that GC, Heritage, Stacks, Legend, DLRC and many others ALL have slab shots that are FAR superior?
I just had a conversation with a few other collectors who swim in a deeper part of the pool than me. We were all discussing a lovely multi-million dollar 1881 Trade Dollar graded PR67 by CACG currently on the market. Here are two comments of theirs without me saying a word about the CACG slab shot: “Boy that slab photo is awful.”, and “Oh boy, that slab shot is pitiful. Yeesh!”
Steve
You have a great point. I do like his individual shots, but the slab shots definitely do need improvement. I know Justin can do better on slab shots. As head of the photo department he will need to work with whichever assistant is assigned to do the slab shots to produce a better product. Once perfected it should be automatic and time no object. It almost looks like he’s using a light box and too much light is washing out the coin.
@coinbuf said:
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
Separately, I don’t buy at all the phony excuse of a shortage of time. How do you then explain that GC, Heritage, Stacks, Legend, DLRC and many others ALL have slab shots that are FAR superior?
I just had a conversation with a few other collectors who swim in a deeper part of the pool than me. We were all discussing a lovely multi-million dollar 1881 Trade Dollar graded PR67 by CACG currently on the market. Here are two comments of theirs without me saying a word about the CACG slab shot: “Boy that slab photo is awful.”, and “Oh boy, that slab shot is pitiful. Yeesh!”
Steve
You have a great point. I do like his individual shots, but the slab shots definitely do need improvement. I know Justin can do better on slab shots. As head of the photo department he will need to work with whichever assistant is assigned to do the slab shots to produce a better product. Once perfected it should be automatic and time no object. It almost looks like he’s using a light box and too much light is washing out the coin.
Bob, the process to get very good slab shots should be fully automated for CACG and would produce results miles ahead of where they are. It’s simple really, I’m surprised they haven’t figured it out.
@coinbuf said:
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
Separately, I don’t buy at all the phony excuse of a shortage of time. How do you then explain that GC, Heritage, Stacks, Legend, DLRC and many others ALL have slab shots that are FAR superior?
I just had a conversation with a few other collectors who swim in a deeper part of the pool than me. We were all discussing a lovely multi-million dollar 1881 Trade Dollar graded PR67 by CACG currently on the market. Here are two comments of theirs without me saying a word about the CACG slab shot: “Boy that slab photo is awful.”, and “Oh boy, that slab shot is pitiful. Yeesh!”
Steve
You have a great point. I do like his individual shots, but the slab shots definitely do need improvement. I know Justin can do better on slab shots. As head of the photo department he will need to work with whichever assistant is assigned to do the slab shots to produce a better product. Once perfected it should be automatic and time no object. It almost looks like he’s using a light box and too much light is washing out the coin.
Bob, the process to get very good slab shots should be fully automated for CACG and would produce results miles ahead of where they are. It’s simple really, I’m surprised they haven’t figured it out.
I totally agree. These threads and posts should be a wake up call. So far the individual photos are looking great. Knowing Justin he’ll be working hard to get the slab problem dialed in.
@coinbuf said:
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
I understand, but I see a need for much better photos for when the time comes to sell if the potential buyer does not have the opportunity to see the coin in hand.
Separately, I don’t buy at all the phony excuse of a shortage of time. How do you then explain that GC, Heritage, Stacks, Legend, DLRC and many others ALL have slab shots that are FAR superior?
I just had a conversation with a few other collectors who swim in a deeper part of the pool than me. We were all discussing a lovely multi-million dollar 1881 Trade Dollar graded PR67 by CACG currently on the market. Here are two comments of theirs without me saying a word about the CACG slab shot: “Boy that slab photo is awful.”, and “Oh boy, that slab shot is pitiful. Yeesh!”
Steve
I'm not saying these slab shots couldn't be better, or even that they shouldn't be better; just that they are good enough for the purpose that they serve. Are you and @robec aware of how many "staff members are working with (under) Justin in the CACG imaging department? I have not seen any announcements that would lead me to know that there is anyone else besides Justin doing the imaging currently. Most of those firms that you mentioned are doing less volume and I would bet that some of those firms have more than one person doing imaging. GC certainly does a ton of volume, but they have operated for years and received a ton of criticism and disdain for their auction photos and only just this year improved that feature. CACG is in its infancy, improvements can still be made.
As to your concern for sellers, all you have to do is enter the cert # into the verification tool on the CAC website and the high-resolution photos also come up with the slab shots. I know that works because I just tried it with the slab that @robec posted. I mean anyone that can afford to buy a multi-million dollar coin can certainly afford to have professional photos taken of the slab if that is really needed. Your big spenders sound like cheap skates with comments like that.
@coinbuf said:
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
I understand, but I see a need for much better photos for when the time comes to sell if the potential buyer does not have the opportunity to see the coin in hand.
Separately, I don’t buy at all the phony excuse of a shortage of time. How do you then explain that GC, Heritage, Stacks, Legend, DLRC and many others ALL have slab shots that are FAR superior?
I just had a conversation with a few other collectors who swim in a deeper part of the pool than me. We were all discussing a lovely multi-million dollar 1881 Trade Dollar graded PR67 by CACG currently on the market. Here are two comments of theirs without me saying a word about the CACG slab shot: “Boy that slab photo is awful.”, and “Oh boy, that slab shot is pitiful. Yeesh!”
Steve
I'm not saying these slab shots couldn't be better, or even that they shouldn't be better; just that they are good enough for the purpose that they serve. Are you and @robec aware of how many "staff members are working with (under) Justin in the CACG imaging department? I have not seen any announcements that would lead me to know that there is anyone else besides Justin doing the imaging currently. Most of those firms that you mentioned are doing less volume and I would bet that some of those firms have more than one person doing imaging. GC certainly does a ton of volume, but they have operated for years and received a ton of criticism and disdain for their auction photos and only just this year improved that feature. CACG is in its infancy, improvements can still be made.
As to your concern for sellers, all you have to do is enter the cert # into the verification tool on the CAC website and the high-resolution photos also come up with the slab shots. I know that works because I just tried it with the slab that @robec posted. I mean anyone that can afford to buy a multi-million dollar coin can certainly afford to have professional photos taken of the slab if that is really needed. Your big spenders sound like cheap skates with comments like that.
I have no doubt Justin will solve the slab situation. I’m not sure how many staff members are working with Justin. I talked to him before the photo department was put together and was told he would have help working with him. This won’t be an issue for long.
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Congrats on the 3 upgrades, sounds like your results were close to your expectations.
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
We’ll await his answer, but the key is the bump up in value of each of the three with the plus upgrade.
I sent in 13 stickered PCGS whole grade coins to cross only at a plus increase in grade or better. Only one crossed, with a plus, but that bump in market value was roughly triple my total grading costs, including round trip shipping!
Steve
A day without fine wine and working on your coin collection is like a day without sunshine!!!
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Were any of the coins that crossed stickered?
All of the coins had a green sticker with the exception of the 3.
This submission was mainly to try the new service and see how they would grade compared to what I thought.
I tend to like coins that have the eye appeal of a coin in the next grade or higher even if properly graded in the current holder. I can live with some marks on very eye appealing coins.
A few of the coins I just wanted in CACG holders. Along with the professional photos.
I will take a good look at the financials and let you know what I think.
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
Very hard to say since making a profit was not part of the calculus for this order. If it were it would have been a completely different submission. I do think value was added but I will not be realizing it soon as I plan to keep the coins for the foreseeable future.
The other tough thing is it is hard to know how a CACG plus will be valued in the marketplace. I could honestly see them selling for the price of the next grade higher or selling at the price of the whole grade on the holder.
It is also yet to be seen how much a CACG coin will be valued as opposed to a stickered NGC coin.
Looking at it all together I am going to have to answer I have no freaking idea! LOL.
As far as value I just read Legends Market Report.
Here is what they had to say.
HOT CAKES
We’ve been told from multiple retail dealers that CACG coins valued below $5,000.00 are selling like hot cakes. So far, Legend has only few CACG coins in our inventory. The ones we have posted, a $1 1921 Peace MS66 sold immediately and had a ton of interest. Another coin, a $20 1927 MS66 is for sale on our website.
Like many others, we are having trouble figuring out CACG coin values. Many dealers are commenting that there is no registry to help drive pricing and sales. Our opinion is the public needs to see more CACG pricing guides and actual trades. We do have a bunch of CACG coins in our Regency 61 sale, so that will help identify some values. for now, we are only going to dabble with CACG coins and snatch up any we see are truly undervalued. We would not be surprised at all if these early CACG coins take off one day in the near future.
That is an interesting approach by Legend, "for now, we are only going to dabble with CACG coins", considering that Legend is one of the investors of the new grading service.
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
We’ll await his answer, but the key is the bump up in value of each of the three with the plus upgrade.
I sent in 13 stickered PCGS whole grade coins to cross only at a plus increase in grade or better. Only one crossed, with a plus, but that bump in market value was roughly triple my total grading costs, including round trip shipping!
Steve
That makes me happy that the 3 coins I submitted for a plus all crossed with the plus. I am fairly confident that the coins I requested at a full point higher would have gotten the plus if I allowed it.
@coinbuf said:
That is an interesting approach by Legend, "for now, we are only going to dabble with CACG coins", considering that Legend is one of the investors of the new grading service.
Believe it or not, sometimes people/organizations can support something, even financially, but still act and advise in an unbiased manner! I find that refreshing!
Steve
A day without fine wine and working on your coin collection is like a day without sunshine!!!
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
I just looked at the CAC price guide and they do not have prices for a plus on my coins that did so. Looking at the price of the next grade higher if I went half way between the 2 I would make a substantial profit. Just 1 of the upgrades would easily pay for the whole submission. That is actually pretty surprising to me. Like I said though I am holding the coins for my sets so any profit will be the distant future.
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
I just looked at the CAC price guide and they do not have prices for a plus on my coins that did so. Looking at the price of the next grade higher if I went half way between the 2 I would make a substantial profit. Just 1 of the upgrades would easily pay for the whole submission. That is actually pretty surprising to me. Like I said thou I am holding the coins for my sets so any profit is in the distant future.
While I'm a CAC and CACG fan, I don't think going half way in general is a fair estimate. As a ROUGH estimate, i think the PCGS Guide Plus grade is quite possibly a more accurate guess. Obviously, we would need to see Auction activity for these CACG coins, and even then, as we all know, price variations for the same grade occur due to differences in eye appeal, etc. For my CACG plus upgrade, I based my value increase estimate on the PCGS Price Guide plus grade.
Steve
A day without fine wine and working on your coin collection is like a day without sunshine!!!
@ironmanl63 said:
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
I just looked at the CAC price guide and they do not have prices for a plus on my coins that did so. Looking at the price of the next grade higher if I went half way between the 2 I would make a substantial profit. Just 1 of the upgrades would easily pay for the whole submission. That is actually pretty surprising to me. Like I said thou I am holding the coins for my sets so any profit is in the distant future.
While I'm a CAC and CACG fan, I don't think going half way in general is a fair estimate. As a ROUGH estimate, i think the PCGS Guide Plus grade is quite possibly a more accurate guess. Obviously, we would need to see Auction activity for these CACG coins, and even then, as we all know, price variations for the same grade occur due to differences in eye appeal, etc. For my CACG plus upgrade, I based my value increase estimate on the PCGS Price Guide plus grade.
Steve
I went ahead and checked PCGS plus values. The three coins that plussed are valued a 2.5 times the value of the entire submission. That is the difference between the whole grade and the plus grade. The coin that went up the least was still over 3 times the grading for that individual coin.
Again I am holding the coins so it is all hypothetical. I still believe it is interesting for those who are curious. I am glad to share this valuable info with the forum.
For CAC plus would price at the CAC non plus grade (since they don’t have plus) then times the factor (Pcgs plus / Pcgs non plus). That’s how I roll. However if the Pcgs plus still higher go with that one.
@Cougar1978 said:
For CAC plus would price at the CAC non plus grade (since they don’t have plus) then times the factor (Pcgs plus / Pcgs non plus). That’s how I roll. However if the Pcgs plus still higher go with that one.
While CAC does not recognize plus grades, CACG DOES indeed grade using pluses. @ironmanl63 got his plus upgrade via CACG!
Steve
A day without fine wine and working on your coin collection is like a day without sunshine!!!
@Cougar1978 said:
For CAC plus would price at the CAC non plus grade (since they don’t have plus) then times the factor (Pcgs plus / Pcgs non plus). That’s how I roll. However if the Pcgs plus still higher go with that one.
For those who have a problem with this topic being here you should know I am a PCGS platinum member and send coins to them as well as NGC.
If PCGS has a problem with this thread they are free to do as they wish. I was just sharing coin experiences with fellow collectors whom I thought might like the info. If PCGS sees it differently my apologies to them as I mean no harm. Self appointed moderators not so much!
@ironmanl63 said:
As far as value I just read Legends Market Report.
Here is what they had to say.
HOT CAKES
We’ve been told from multiple retail dealers that CACG coins valued below $5,000.00 are selling like hot cakes. So far, Legend has only few CACG coins in our inventory. The ones we have posted, a $1 1921 Peace MS66 sold immediately and had a ton of interest. Another coin, a $20 1927 MS66 is for sale on our website.
Like many others, we are having trouble figuring out CACG coin values. Many dealers are commenting that there is no registry to help drive pricing and sales. Our opinion is the public needs to see more CACG pricing guides and actual trades. We do have a bunch of CACG coins in our Regency 61 sale, so that will help identify some values. for now, we are only going to dabble with CACG coins and snatch up any we see are truly undervalued. We would not be surprised at all if these early CACG coins take off one day in the near future.
Laura is way more in tune with the market than I am so I have no doubt CACG coins are selling like hot cakes. My question is at what price level? Are they realizing the same premiums as PCGS coins with a green bean? While, I know this was never CAC's intent I believe some of that premium is due to the belief/hope in a potential upgrade (and I'm not discounting the fact that the coins are obviously PQ or they wouldn't have a bean). The CACG coins are what they are, solid for the grade without a second opinion.
The only CACG coins I have seen are on ebay and they are all optimistically priced IMHO. I have been watching a few, and the ones on my watch list haven't exactly been flying off the shelves.
So what happens next? PCGS holdered coins are looked down on as not being worthy of the same grade at CACG ? I'm glad I collect coins and not plastic. Cant blame the "grading" companies though since its such a great moneymaker LOL!!
@ironmanl63 said:
As far as value I just read Legends Market Report.
Here is what they had to say.
HOT CAKES
We’ve been told from multiple retail dealers that CACG coins valued below $5,000.00 are selling like hot cakes. So far, Legend has only few CACG coins in our inventory. The ones we have posted, a $1 1921 Peace MS66 sold immediately and had a ton of interest. Another coin, a $20 1927 MS66 is for sale on our website.
Like many others, we are having trouble figuring out CACG coin values. Many dealers are commenting that there is no registry to help drive pricing and sales. Our opinion is the public needs to see more CACG pricing guides and actual trades. We do have a bunch of CACG coins in our Regency 61 sale, so that will help identify some values. for now, we are only going to dabble with CACG coins and snatch up any we see are truly undervalued. We would not be surprised at all if these early CACG coins take off one day in the near future.
Laura is way more in tune with the market than I am so I have no doubt CACG coins are selling like hot cakes. My question is at what price level? Are they realizing the same premiums as PCGS coins with a green bean? While, I know this was never CAC's intent I believe some of that premium is due to the belief/hope in a potential upgrade (and I'm not discounting the fact that the coins are obviously PQ or they wouldn't have a bean). The CACG coins are what they are, solid for the grade without a second opinion.
The only CACG coins I have seen are on ebay and they are all optimistically priced IMHO. I have been watching a few, and the ones on my watch list haven't exactly been flying off the shelves.
From what she writes it says below $5,000. As far as premiums seems like no one is sure yet and the market will hash that out. I have not purchased any CACG coins. I do not sell coins and my sub was just to see how they grade compared to where I was at with what I thought. If any future value is achieved that would be nice but that is not why I made this submission.
@stockdude_ said:
So what happens next? PCGS holdered coins are looked down on as not being worthy of the same grade at CACG ? I'm glad I collect coins and not plastic. Cant blame the "grading" companies though since its such a great moneymaker LOL!!
I sure hope not because about 97% of my collection is PCGS graded coins! I highly doubt that will be the case and think PCGS graded coins will continue to hold their value and do well.
@robec said:
Here are the 6 Large Cents just crossed. All are 65BN except the 1850 (66BN) and the 1855 (65+BN).
>
Very nice group of coins. I tried to post a couple of my CACG photos but was unable. What is the process you used to post yours?
Since the size photos are so huge I doubt the forum software will down size them. The largest TrueView, the Max version, is around 5700x2900 (14mb). The CACG photo is 10000x5000, almost double. I opened the photo in the photo app that comes with the computer and reduced the size to 1100x550.
@stockdude_ said:
So what happens next? PCGS holdered coins are looked down on as not being worthy of the same grade at CACG ? I'm glad I collect coins and not plastic. Cant blame the "grading" companies though since its such a great moneymaker LOL!!
PCGS coins will never be looked down on nor would I ever pay more for CACG material than PCGS or NGC. Right now on eBay PCGS - 140,000 items, CACG 970. I don’t believe they will ever get close to PCGS.
Comments
Email just received grades are in. Like @ironmanl63 my submission was a cross. Even with being a cross 7 days (received 10/5, finalized 10/12) is very fast. Included with the grades are 6 high res photos, 2 large size by side, one with light background, one with dark, a large obverse and a large reverse, and a slab shot of each side.
My submission included 6 Braided Hair Large Cents, 1850, 1851, 1852, 1853, 1854 and 1855 upright 5.
All were previously graded PCGS MS65BN except the 1850 which was MS66BN. The grades crossed at the same grade on all except the 1855 which picked up a +.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Congrats! Still waiting on mine. I did have one variety Flying Eagle. I hope to have my grades soon. Super impressed on the speed thus far.
Were these previously stickered coins that crossed as legacy?
Founder- Peak Rarities
Website
Instagram
Facebook
Congrats on the upgrade @robec ! Would love to see the photos once you have them, I also requested photos of all my coins. I got tied up with life and work and was not able to send my submission until this past Monday. My coins were received and logged in yesterday, all raw coins under the econ tier so I don't expect to see any results for a few weeks.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Yes, all 6 were green stickered and are L’s. The 1850 was in an NGC slab as MS67BN before I had it. It was not stickered then. I don’t know if it had been sent in or not.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
I will have to resize the photos. The side by sides are roughly twice as large as the Max size TrueViews. The photos are shot through the slab but that doesn’t detract from the results. They all turned out first rate. These coins were all brown, from a lighter shade to a dark chocolate. I’m not sure how the result will be on some of the toners. On most colorful coins, especially proof and PL, the slab can be a great deterrent. I think the slab shots do need some work as the coin looks pretty flat with little relief.
You may be surprised on the turnaround. I don’t think it will take several weeks……..I’ll bet 2 weeks tops (fingers crossed).. I have a 3 coin Regular submission at our hosts here that is still in the Received stage even though it was logged in a week before CACG received this submission (9/28 at PCGS). You may get your grades back before my PCGS sub finally reaches the Grading stage.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
I only have one coin, and I was not happy at all with the Slab shots. As you noted, disappointingly flat with little if any relief. As you're a professional coin photographer, how easy or difficult to fix is this significant Slab shot problem they're having?
Thanks.
Steve
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
I think Justin is concentrating more on making the lights look even across the whole slab. He could try moving lights around and put a little more emphasis on the coin, but then you’re dealing with possible hot spots on the slab. It might be easier and quicker to just adjust the levels in the photo editor.
When you are only working with a handful of coins you have the luxury of spending extra time, but when you are dealing with a large number of coins time is no longer your friend.
I have included the original slab shot, a slab shot with a slight levels adjustment and Justin’s original Obverse shot for comparison
Original
Levels adjustment
Original Obverse
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Wonderful coin @robec I see the slab shots in the same way that I see the NGC slab shots. Not meant to be glamor shots but rather a useful tool for identification and security, as such I don't expect Justin to put lots of time into the shots.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Nice slabs. Almost as nice as SEGS slabs
I understand, but I see a need for much better photos for when the time comes to sell if the potential buyer does not have the opportunity to see the coin in hand.
Separately, I don’t buy at all the phony excuse of a shortage of time. How do you then explain that GC, Heritage, Stacks, Legend, DLRC and many others ALL have slab shots that are FAR superior?
I just had a conversation with a few other collectors who swim in a deeper part of the pool than me. We were all discussing a lovely multi-million dollar 1881 Trade Dollar graded PR67 by CACG currently on the market. Here are two comments of theirs without me saying a word about the CACG slab shot: “Boy that slab photo is awful.”, and “Oh boy, that slab shot is pitiful. Yeesh!”
Steve
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
You have a great point. I do like his individual shots, but the slab shots definitely do need improvement. I know Justin can do better on slab shots. As head of the photo department he will need to work with whichever assistant is assigned to do the slab shots to produce a better product. Once perfected it should be automatic and time no object. It almost looks like he’s using a light box and too much light is washing out the coin.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Bob, the process to get very good slab shots should be fully automated for CACG and would produce results miles ahead of where they are. It’s simple really, I’m surprised they haven’t figured it out.
Coin Photographer.
I couldn't find his comments on his site, hard to navigate. I'm assuming he has pre-grading estimations, curious how he assessed their toughness.
I totally agree. These threads and posts should be a wake up call. So far the individual photos are looking great. Knowing Justin he’ll be working hard to get the slab problem dialed in.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
I'm not saying these slab shots couldn't be better, or even that they shouldn't be better; just that they are good enough for the purpose that they serve. Are you and @robec aware of how many "staff members are working with (under) Justin in the CACG imaging department? I have not seen any announcements that would lead me to know that there is anyone else besides Justin doing the imaging currently. Most of those firms that you mentioned are doing less volume and I would bet that some of those firms have more than one person doing imaging. GC certainly does a ton of volume, but they have operated for years and received a ton of criticism and disdain for their auction photos and only just this year improved that feature. CACG is in its infancy, improvements can still be made.
As to your concern for sellers, all you have to do is enter the cert # into the verification tool on the CAC website and the high-resolution photos also come up with the slab shots. I know that works because I just tried it with the slab that @robec posted. I mean anyone that can afford to buy a multi-million dollar coin can certainly afford to have professional photos taken of the slab if that is really needed. Your big spenders sound like cheap skates with comments like that.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I have no doubt Justin will solve the slab situation. I’m not sure how many staff members are working with Justin. I talked to him before the photo department was put together and was told he would have help working with him. This won’t be an issue for long.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Received my results today. They were not as good as I had hoped but I am happy with the results I received.
3 coins upgraded by a plus.
4 crossed at grade on the holder.
5 did not cross looking for a full point upgrade. All older holder coins that I would rather keep than cracking for a plus!
3 did not cross at grade on holder. These were coins that did not sticker and I was trying to get them to cross but failed.
I like the consistency from CAC to CACG. Small sample but right on the mark.
Awesome turnaround time! I will definitely use the service again!
Were any of the coins that crossed stickered?
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Congrats on the 3 upgrades, sounds like your results were close to your expectations.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Just curious
After all the fee's in submitting your coins( don't know what they are and it's none of my business)
Did you gain, loose or break even?
Mike
My Indians
Danco Set
Gotta crack some P/N CAC Stickering fails first.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
We’ll await his answer, but the key is the bump up in value of each of the three with the plus upgrade.
I sent in 13 stickered PCGS whole grade coins to cross only at a plus increase in grade or better. Only one crossed, with a plus, but that bump in market value was roughly triple my total grading costs, including round trip shipping!
Steve
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
All of the coins had a green sticker with the exception of the 3.
I honestly have not gone thru all the numbers.
This submission was mainly to try the new service and see how they would grade compared to what I thought.
I tend to like coins that have the eye appeal of a coin in the next grade or higher even if properly graded in the current holder. I can live with some marks on very eye appealing coins.
A few of the coins I just wanted in CACG holders. Along with the professional photos.
I will take a good look at the financials and let you know what I think.
Very hard to say since making a profit was not part of the calculus for this order. If it were it would have been a completely different submission. I do think value was added but I will not be realizing it soon as I plan to keep the coins for the foreseeable future.
The other tough thing is it is hard to know how a CACG plus will be valued in the marketplace. I could honestly see them selling for the price of the next grade higher or selling at the price of the whole grade on the holder.
It is also yet to be seen how much a CACG coin will be valued as opposed to a stickered NGC coin.
Looking at it all together I am going to have to answer I have no freaking idea! LOL.
As far as value I just read Legends Market Report.
Here is what they had to say.
HOT CAKES
We’ve been told from multiple retail dealers that CACG coins valued below $5,000.00 are selling like hot cakes. So far, Legend has only few CACG coins in our inventory. The ones we have posted, a $1 1921 Peace MS66 sold immediately and had a ton of interest. Another coin, a $20 1927 MS66 is for sale on our website.
Like many others, we are having trouble figuring out CACG coin values. Many dealers are commenting that there is no registry to help drive pricing and sales. Our opinion is the public needs to see more CACG pricing guides and actual trades. We do have a bunch of CACG coins in our Regency 61 sale, so that will help identify some values. for now, we are only going to dabble with CACG coins and snatch up any we see are truly undervalued. We would not be surprised at all if these early CACG coins take off one day in the near future.
That is an interesting approach by Legend, "for now, we are only going to dabble with CACG coins", considering that Legend is one of the investors of the new grading service.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
That makes me happy that the 3 coins I submitted for a plus all crossed with the plus. I am fairly confident that the coins I requested at a full point higher would have gotten the plus if I allowed it.
Believe it or not, sometimes people/organizations can support something, even financially, but still act and advise in an unbiased manner! I find that refreshing!
Steve
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
I just looked at the CAC price guide and they do not have prices for a plus on my coins that did so. Looking at the price of the next grade higher if I went half way between the 2 I would make a substantial profit. Just 1 of the upgrades would easily pay for the whole submission. That is actually pretty surprising to me. Like I said though I am holding the coins for my sets so any profit will be the distant future.
While I'm a CAC and CACG fan, I don't think going half way in general is a fair estimate. As a ROUGH estimate, i think the PCGS Guide Plus grade is quite possibly a more accurate guess. Obviously, we would need to see Auction activity for these CACG coins, and even then, as we all know, price variations for the same grade occur due to differences in eye appeal, etc. For my CACG plus upgrade, I based my value increase estimate on the PCGS Price Guide plus grade.
Steve
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
I went ahead and checked PCGS plus values. The three coins that plussed are valued a 2.5 times the value of the entire submission. That is the difference between the whole grade and the plus grade. The coin that went up the least was still over 3 times the grading for that individual coin.
Again I am holding the coins so it is all hypothetical. I still believe it is interesting for those who are curious. I am glad to share this valuable info with the forum.
No I just submit to PCGS.
For CAC plus would price at the CAC non plus grade (since they don’t have plus) then times the factor (Pcgs plus / Pcgs non plus). That’s how I roll. However if the Pcgs plus still higher go with that one.
O.K. Though I think the thread has moved way past the original question. You should give CACG a try. My experience with them has been top notch!
This is a Pcgs board. Would suggest u take that convo over there.
While CAC does not recognize plus grades, CACG DOES indeed grade using pluses. @ironmanl63 got his plus upgrade via CACG!
Steve
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
That is exactly what I did.
Here are the 6 Large Cents just crossed. All are 65BN except the 1850 (66BN) and the 1855 (65+BN).
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Very nice group of coins. I tried to post a couple of my CACG photos but was unable. What is the process you used to post yours?
For those who have a problem with this topic being here you should know I am a PCGS platinum member and send coins to them as well as NGC.
If PCGS has a problem with this thread they are free to do as they wish. I was just sharing coin experiences with fellow collectors whom I thought might like the info. If PCGS sees it differently my apologies to them as I mean no harm. Self appointed moderators not so much!
Laura is way more in tune with the market than I am so I have no doubt CACG coins are selling like hot cakes. My question is at what price level? Are they realizing the same premiums as PCGS coins with a green bean? While, I know this was never CAC's intent I believe some of that premium is due to the belief/hope in a potential upgrade (and I'm not discounting the fact that the coins are obviously PQ or they wouldn't have a bean). The CACG coins are what they are, solid for the grade without a second opinion.
The only CACG coins I have seen are on ebay and they are all optimistically priced IMHO. I have been watching a few, and the ones on my watch list haven't exactly been flying off the shelves.
Philippians 4:4-7
So what happens next? PCGS holdered coins are looked down on as not being worthy of the same grade at CACG ? I'm glad I collect coins and not plastic. Cant blame the "grading" companies though since its such a great moneymaker LOL!!
From what she writes it says below $5,000. As far as premiums seems like no one is sure yet and the market will hash that out. I have not purchased any CACG coins. I do not sell coins and my sub was just to see how they grade compared to where I was at with what I thought. If any future value is achieved that would be nice but that is not why I made this submission.
I sure hope not because about 97% of my collection is PCGS graded coins! I highly doubt that will be the case and think PCGS graded coins will continue to hold their value and do well.
Since the size photos are so huge I doubt the forum software will down size them. The largest TrueView, the Max version, is around 5700x2900 (14mb). The CACG photo is 10000x5000, almost double. I opened the photo in the photo app that comes with the computer and reduced the size to 1100x550.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
One of the coins that crossed at grade Legacy.
i think i might try with some modern coins. it's a trip seeing a cac bean on a modern coin holder.
PCGS coins will never be looked down on nor would I ever pay more for CACG material than PCGS or NGC. Right now on eBay PCGS - 140,000 items, CACG 970. I don’t believe they will ever get close to PCGS.