CAC question

JimTyler

If you look up a CAC coin and it says Legacy Yes what does that mean ? Thanks

edwardjulio

.

lermish

@edwardjulio said:
Previously housed in PCGS or NGC.

Or currently holdered in PCGS or NGC if stickered before (I think) June 2023.

winesteven

Stickered before June 5, 2023.

Steve

TomB

@winesteven has provided the correct answer.

JimTyler

@winesteven said:
Stickered before June 5, 2023.

Steve

Thanks. That’s interesting currently NGC. When I put the CERT # in it shows up but when I check population it says 0

BAJJERFAN

Speaking of CAC are they already resorting to this?

alaura22

@JimTyler said:

@winesteven said:
Stickered before June 5, 2023.

Steve

Thanks. That’s interesting currently NGC. When I put the CERT # in it shows up but when I check population it says 0

CAC pop reports are NOT up to date

Insider3

@BAJJERFAN said:
Speaking of CAC are they already resorting to this?

Every TPGS does it; give the collector what they want, right?

TomB

@BAJJERFAN said:
Speaking of CAC are they already resorting to this?

They never said they wouldn't (if I recall correctly) and everyone certifies them, so why not?

PeakRarities

Those were among the first coins they graded, and yes, TPGs need moderns for revenue. Theres only so many classic coins to be certified...

BAJJERFAN

@DeplorableDan said:
Those were among the first coins they graded, and yes, TPGs need moderns for revenue. Theres only so many classic coins to be certified...

How long was PCGS in business before they started grading them? Seems like a waste of talent to me unless some junior grader is doing them.

PeakRarities

@BAJJERFAN said:

@DeplorableDan said:
Those were among the first coins they graded, and yes, TPGs need moderns for revenue. Theres only so many classic coins to be certified...

How long was PCGS in business before they started grading them? Seems like a waste of talent to me unless some junior grader is doing them.

Apples to oranges, In 1986 when PCGS opened the majority of classics were not yet graded.

CACG has interns/junior graders so I doubt that John butler is the one grading ASE's.

BAJJERFAN

If you want to be considered the creme de la creme of grading services it sort of cheapens the brand in my view. I suppose one plus is that instead of ordering blank slabs 25,000 at a time you can order 250,000 at a time.

BAJJERFAN

@TomB said:

@BAJJERFAN said:
Speaking of CAC are they already resorting to this?

They never said they wouldn't (if I recall correctly) and everyone certifies them, so why not?

Remember how selective they were when first stickering coins? No moderns, no ANACS, no PCI, no SEGS, no ICG, etc.

PeakRarities

I don't really disagree with you, I just dont think its feasible in this day and age if they want to keep the lights on at their new facility with all that extra overhead. Even PCGS, I wouldnt be surprised if 90% of the revenue was generated by modern mint products.

jmlanzaf

@DeplorableDan said:

@BAJJERFAN said:

@DeplorableDan said:
Those were among the first coins they graded, and yes, TPGs need moderns for revenue. Theres only so many classic coins to be certified...

How long was PCGS in business before they started grading them? Seems like a waste of talent to me unless some junior grader is doing them.

Apples to oranges, In 1986 when PCGS opened the majority of classics were not yet graded.

CACG has interns/junior graders so I doubt that John butler is the one grading ASE's.

This.

The volume is all in moderns. Go look at the pops.

P0CKETCHANGE

@BAJJERFAN

MFeld

@BAJJERFAN said:

@TomB said:

@BAJJERFAN said:
Speaking of CAC are they already resorting to this?

They never said they wouldn't (if I recall correctly) and everyone certifies them, so why not?

Remember how selective they were when first stickering coins? No moderns, no ANACS, no PCI, no SEGS, no ICG, etc.

This is a different company and it grades coins, rather than sticker them.

Catbert

I'm going to predict that the founder label will bomb. Who wants an unknown name on their slab?

Catbert

At least confound them with a gold modern for "Nugget"!

PeakRarities

@Catbert said:
At least confound them with a gold modern for "Nugget"!

Ironically, Paul Nugget is known for being a classic gold dealer. Not someone I would expect to see on a silver eagle slab, seems pretty gimmicky imo.

BAJJERFAN

@MFeld said:

@BAJJERFAN said:

@TomB said:

@BAJJERFAN said:
Speaking of CAC are they already resorting to this?

They never said they wouldn't (if I recall correctly) and everyone certifies them, so why not?

Remember how selective they were when first stickering coins? No moderns, no ANACS, no PCI, no SEGS, no ICG, etc.

This is a different company and it grades coins, rather than sticker them.

I'm certainly aware of that.

Cougar1978

Not much of nothing. I had one guy at recent show come to my table try tout that in selling it / high asking price. The coin was a dog - referred him to guy across the aisle. Heard that convo - when that dealer offered him bluesheet seller walked off in a huff.