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HAS ANYONE DONE A CROSSOVER FROM CACG TO PCGS??

Herb_THerb_T Posts: 1,594 ✭✭✭✭✭

What were the results?

Comments

  • GoldbullyGoldbully Posts: 16,793 ✭✭✭✭✭

    I would think very doubtful.

  • cameonut2011cameonut2011 Posts: 10,055 ✭✭✭✭✭

    If the service is as tight as many claim, I’d expect the coins to be cracked out prior to submission.

  • CryptoCrypto Posts: 3,343 ✭✭✭✭✭

    @jmlanzaf said:

    @Goldbully said:
    I would think very doubtful.

    Not if you just bought it and want it in your PCGS registry set

    In the future sure but now the supply is so constricted that they go for a premium with mostly table filler readily available. It would have to be a special coin to not have a PCGS example available to justify the added cost. Little early for that scenario to pop up

  • johnny9434johnny9434 Posts: 27,306 ✭✭✭✭✭
    edited February 11, 2024 7:22AM

    No, I'd rather spend the money and put it towards a coin, just saying

  • VanHalenVanHalen Posts: 3,768 ✭✭✭✭✭

    Yes, it's happened there was one on eBay about a month ago that was crossed from CACG to PCGS. I'll see if I can find it later.

  • Cougar1978Cougar1978 Posts: 7,427 ✭✭✭✭✭
    edited February 11, 2024 10:22AM

    At a recent show setup at Nobody asked the price on 4 CACG pieces I had in my display case. Very surprising. A major dealer setup next to me when we discussed this “they look more like NTC than PCGs / NGC. Further more the rank and file public won’t pay the premium nor do they really care about or understand the holder game.” I had a really good show sales wise only purchase a $50 raw New Orleans Canal Bank Unc banknote offered at my table.

    So Cali Area - Coins & Currency
  • braddickbraddick Posts: 22,824 ✭✭✭✭✭

    @Cougar1978 said:
    At a recent show setup at Nobody asked the price on 4 CACG pieces I had in my display case. Very surprising. A major dealer setup next to me when we discussed this “they look more like NTC than PCGs / NGC. Further more the rank and file public won’t pay the premium nor do they really care about or understand the holder game.” I had a really good show sales wise only purchase a $50 raw New Orleans Canal Bank Unc banknote offered at my table.

    Now that you bring that up, they do- at a bit of a distance- kind of look like NTC slabs. . .

    peacockcoins

  • CryptoCrypto Posts: 3,343 ✭✭✭✭✭

    Holders for the most part only as desirable as the coin inside. While I trust CACG well enough what is the likelihood that I will find an above avg New Orleans gold coin at a below avg price in one? Since I aim for the grade before major price escalations, what is the likelihood that some dealer went to the trouble of maximizing a low AU gold dollar already? What is the likelihood the coin I want didn’t find a retail buyer after a dozen shows and is being blow out at auction and goes unnoticed by other retail bidders allowing me to grab it once the lowball opportunistic dealers dropout but before I am paying full price?

    CGCG is currently a novelty in the market that draws a premium attention that may often correlate to premium coins as those were the self selected early adapters. None of that helps me assemble a collection as I don’t really need the extra set of eyes or at least to the point of paying up for it. I’m the type of collector who always looks to see if NGC holders present an opportunity due to their lower market position comfortable in my own grading and price comprehension.

  • blitzdudeblitzdude Posts: 5,278 ✭✭✭✭✭
    edited February 11, 2024 12:20PM

    I wonder if anyone has crossed their coins from PCGS to the cacs then back to PCGS? :dizzy:

    The whole worlds off its rocker, buy Gold™.

  • goldengolden Posts: 8,955 ✭✭✭✭✭

    I saw a coin at FUN that was in a CACG 58+ holder. The dealer said that I could try and cross it. I said that it might come back as a 60,61 or 62. He said that I might be right. I passed on the coin.

  • alaura22alaura22 Posts: 2,435 ✭✭✭✭✭

    I don't play the game, but, if I had a coin that went from MS65-66 PCGS or NGC to a AU58 with CACG I'm sure they would crack them out and resubmit to PCGS or NGC to get there higher grade back.

  • coinkatcoinkat Posts: 22,659 ✭✭✭✭✭

    No- and no plans to do so as I do not own any CACG slabs.

    And unless the coins in question have significant spreads between grades, there comes a point when the Law of Diminishing Returns applies.

    Buy the coin in the holder that you want and use the money budgeted for coins for actual coins.

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

  • Cougar1978Cougar1978 Posts: 7,427 ✭✭✭✭✭
    edited February 11, 2024 3:05PM

    Players looking get upgrade would crack the CACG coin.

    I Don’t gamble money on the cross game.

    The CACG slabs I have bought did not buy to cross. I will retail them at a my markup or keep them as advertising display. If they don’t pay the money they don’t get the coin lol.

    So Cali Area - Coins & Currency
  • Mr_SpudMr_Spud Posts: 4,185 ✭✭✭✭✭

    If a CACG coin graded 58 or 58+, is there a way to try and cross it over to PCGS and have them only cross it over if they agree it is 58 or 58+ and not take the risk that it would come back as MS? I’m still trying to finish off my #1 circulated 7070 type sets across the street and still need the modern ones that no-one bothers submitting. I need these ones:

    I can find the St. Gaudens easily enough, but the other more modern ones are really hard to find in 58 grades. I don’t want to put lower grade ones in and lower my sets overall grade average and when I tried carrying some around in my pocket for a month til they had noticable rub, they all came back as MS64 and MS65. If CACG is super strict and grades sliders as 58 that’s what I’m looking for. Only across the street doesn’t accept CACG, just NGC and PCGS the last time I checked.

    Mr_Spud

  • BStrauss3BStrauss3 Posts: 3,023 ✭✭✭✭✭

    @blitzdude said:
    I wonder if anyone has crossed their coins from PCGS to the cacs then back to PCGS? :dizzy:

    Yesterday, I spoke with a dealer at the Grapevine show who said people are doing exactly that. Backups are building at the other TPGs too. He has made three trial submissions to CACG and got slaughtered on each of them. He kept hauling slabs out of his case challenging me to find the scratch or rim filings.

    He's going to let the coins go at auction or crack and submit them back to PCGS/NGC.

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • blitzdudeblitzdude Posts: 5,278 ✭✭✭✭✭

    @BStrauss3 said:

    @blitzdude said:
    I wonder if anyone has crossed their coins from PCGS to the cacs then back to PCGS? :dizzy:

    Yesterday, I spoke with a dealer at the Grapevine show who said people are doing exactly that.

    I must confess, I don't hold out much hope for the future evolution of the human race. Wacked out World. Off to watch the big game. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • Herb_THerb_T Posts: 1,594 ✭✭✭✭✭

    Recent Great Collections auction had CACG slabbed CBH, went for 53% of PCGS Price Guide.

  • jmlanzafjmlanzaf Posts: 31,245 ✭✭✭✭✭

    @Herb_T said:
    Recent Great Collections auction had CACG slabbed CBH, went for 53% of PCGS Price Guide.

    That might say more about the PCGS price guide

  • cameonut2011cameonut2011 Posts: 10,055 ✭✭✭✭✭

    @Herb_T said:
    Recent Great Collections auction had CACG slabbed CBH, went for 53% of PCGS Price Guide.

    Link?

  • Herb_THerb_T Posts: 1,594 ✭✭✭✭✭

    @cameonut2011 said:

    @Herb_T said:
    Recent Great Collections auction had CACG slabbed CBH, went for 53% of PCGS Price Guide.

    Link?

    https://www.greatcollections.com/Coin/1523813/1827-Capped-Bust-Half-Dollar-Overton-134-Square-Base-2-CACG-AU-58-Toned

  • Davidk7Davidk7 Posts: 194 ✭✭✭

    The price of that CACG coin looks to be in line with others in the same grade at the other grading services.

    Collector of Capped Bust Halves, SLQ's, Commems, and random cool stuff! @davidv_numismatics on Instagram

  • DisneyFanDisneyFan Posts: 1,537 ✭✭✭✭✭

    It sold for $868.50. 79 CAC : 4 CACG
    CAC Price guide is $871

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