CAC vs the rest...
Carterofmars
Posts: 75 ✭✭✭
Where is it advisable to send a collection for grading today?
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Carterofmars
Posts: 75 ✭✭✭
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Depends on the type of material and the owner’s objectives for the set.
Nothing is as expensive as free money.
This is a good question to ask Heather or one of the other forum moderators.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
They recommended NGC to me.
This.
There is no single correct answer. If you don't know where to submit, you aren't ready to submit.
I would recommend US Bullion slabbing and stickering services.
US Commemoratives and US Half Dollars... the like.
That's why I'm inquiring. 🙂
That’s still too vague. Classic or modern commemoratives and of approximately what
grade and value range? What type(s) of half dollars and of approximately what grade and value range.
Additionally, what are your reasons for getting the coins graded?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Oh, sorry. I'm interested in Classic/Traditional era Commemoratives.
I'm wondering why there's a difference. Aren't all coins be treated equally? Or is it that a PCGS is much better at grading say Commemoratives, and a CAC is better at, say, Colonials?
>
Lots of help available but we would need more info'
As @MFeld suggested, we'll need to know specific series and approximate grade ranges to help more.
For example, our answers would vary from where to "if at all" depending on whether we're discussing a mildly cleaned but pseudo-market-acceptable EF Seated Half (which might be best at one service, and not at one of the others), a strictly Uncirculated Capped Bust Half, or a slider 30's Walking Liberty Half. And there are countless other scenarios.
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
I've seen videos indicating that CAC may have been somewhat a disruptor in the grading sphere. I'm wondering if they are and to what degree.
Is CAC the new go to for grading? If PCGS slabbed coins have depreciated since the intro of CAC, then it has been somewhat of a disruptor. Why send coins to PCGS or NGC?
It also depends on whether you are doing it for yourself or for resale. So you want to be in the registry game? Do you prefer the aesthetics of one company or the other? Is it for simple preservation or valuation?
I realize some grading services won't grade certain coins. That said is there really a preference for sending certain coins to PCGS and others to NGC or ANACS or CACG? If you were going to get a set of Franklin halves or Barber quarters or Mercury dimes or Morgan dollars or Liberty half eagles to be graded is there a general preference to send a particular set to a particular grading service?
It depends. Registry considerations, alone, might dictate the decision.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
And other reasons. For sale or just preservation, for example.
And aside from the series mentioned, if you just want variety attribution on an inexpensive coin , then ANACS (for example) may be preferable to the others because of cost.
Grade range MS64 and up.
Series: Barber, Walking, Franklin.
Commemoratives: All
Probably PCGS at this time. The answer next year might be CACG or PCGS as the market sorts itself out.
Modern commemoratives might be fine in NGC also, but if you're going PCGS for the others you might as well have them all in PCGS.
Depending upon how many coins you have, perhaps try a sample submission at a couple of the top grading companies and see how you feel about the results and experience, then go from there?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
If you want photos of your coins PCGS may not be the best place given that many members here over multiple threads have been very disappointed with the images PCGS took of their coins.
There are multiple considerations to be considered before you make a decision on a grading service, not the least of which is why you want to send coins to a grading firm at all.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Good info' and feedback while I was out and about. @MFeld suggesting a mix is a good idea too, just to see how you feel and what results you get.
For me I think for the Barbers especially (at that grade), you still can't go wrong with our hosts. I do not see CACG supplanting them this year, but it is still early in a long game and it is hard to predict 5 years out. The market is still undecided on that I think.
The Commem's and Walkers are probably better at PCGS too, only for the market, although this could change. This feels especially true for better issues.
And this is, of course, suggesting that all of these will straight grade at PCGS. if you've got some liners there, and I hate to say this, but NGC might be the better option.
Franklins, unless they are 65 or better may not warrant the fees at any of those three (NGC, PCGS or CACG).
my 2c ... no flaming please
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
The best coins are and will be CAC/CACG. So if you have a great coin, send it to them..................... And their photos of the coins sent to them are excellent.
No, a valid point... again, depending on what the OP's goal is. The same can be true of common date Walkers as well IF price is the reason. People have many reasons why they choose to slab.
Happy 4th of July all 👍
Depends how much you want and value pictures of your coins.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
I like how PCGS and NGC are now just the “rest.”
PCGS all the way. Why end up with a significant portion of your coins in CACG details holders?
NGC is second tier.
Without seeing the coins in-hand and being knowledgeable about grading, none of us have any idea whether the coins would end up in CACG details holders. And you don’t give NGC nearly enough credit.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
No. From my own experience and that of three other collectors I know, no sizable submission to CACG avoids the dreaded
detail grade holders, even for quality coins. Here are two quality coins submitted to CACG with no minimum grade requested that they wouldn't straight grade.
Before you speculate on the reasons why these two coins wouldn't straight grade at CACG, I'll mention that these same two coins were subsequently graded by PCGS as 1860-O - VF35, and 1873-S - XF40 and then stickered by CAC!
Next, for the two series that I'm very familiar with, barber quarters and liberty seated quarters, NGC almost always over grades. In my current set of liberty seated quarters, seven coins were previously in a higher-grade NGC holder, and are now PCGS CAC.
Here are two examples of NGC grading.
1861-S NGC VF35 CAC
This coin is probably VF25 tops, I have no idea why CAC stickered it.
1871-CC NGC F15
CACG refused to grade this coin as a F12.
Some good suggestions, this question would illicit a wide array of answers if asked on the forums hosted by CAC or NGC.
So you based your below conclusion on results from only four submitters.
“Why end up with a significant portion of your coins in CACG details holders?”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I could be wrong, but I would like to hear of any sizable submission (10 or more) raw classic U. S. circulated coins that all straight graded at CACG.
I have 104 CAC stickered liberty seated quarters in my collection. If I was crazy and cracked them out of their current holders and sent them in raw to CACG with no minimum grade requested, I'm guessing at least 10-15 coins would come back in details grade holders.
Doug
This.
If these coins were assembled raw long ago or in second tier holders, I would need to be supremely confident to send them to CACG. The CACG advantage is one shipping/grading fee. The biggest risk is some coins could be "details" or even worse, body bagged because of PVC.
To get the maximum value for your coins the safe thing would be to send them to PCGS and then to CAC.
If you have CAC coins, normally there would be no need to send them to CACG unless you had a special reason for doing so.
I was using this scenario to illustrate my belief that CACG is so strict that many stickered coins would fail to straight grade. I have no intention of doing this.
So, you want conservative when it suits you but not when it doesn't?
That's because they know you...
ANA 50 year/Life Member (now "Emeritus")
Have you forgotten the first rule of TPG grading? "My coins are undergraded, everybody else's coins are overgraded!"
ANA 50 year/Life Member (now "Emeritus")
I want consistent accuracy. I presented one of my coins as an example of over grading, and two more as examples of inconsistency at CAC/CACG.
Doug
I buy the coins I like in holders, and have not done the grading thing for quite a while.
The last items I had graded were some Confederate currency.
That's what everyone including the TPGs want. But with the human element and overlapping and compensating factors grading, there's a limit to how consistent any organization can be, and even that evaluation is subjective. Other than perhaps adding more graders to the process and having them spend more time with each coin which would add costs, I'm not sure anything else is going to be effective. And I doubt CACG is any better than PCGS, the only difference is that their policy is to assign "C" coins at the next grade lower which seems to delight their customer base but some like myself would argue is intellectually dishonest.
Just bought this. It used to be in an NGC AU58 holder.
NGC grades 1-2 increments loose on seated quarters, no reason to think they don't do that everywhere else.
I'm sure McCloskey chose NGC for a reason.
There are countless reasons to think "they don't do that everywhere else" - the huge number of coins in their holders that are graded as or more strictly than PCGS coins. Blanket generalizations such as yours, are simply incorrect in a great many cases.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I use PCGS exclusively. “ I had a dream” about CAC when it first started. Can’t get past the nightmare.
I agree wholeheartedly with this sentiment. Any coin I buy not in PCGS plastic will be crossed at any grade into PCGS plastic. Most of the time I win outright but occasionally I’ll lose a point. Still more valuable to me in PCGS plastic if for nothing else, homogeneity.
All that said, for easily collectible “stuff”, any grading service would do.
Empty Nest Collection
Matt’s Mattes
Silly question but if CACG is the most stringent, isn't it better to get coins graded by them?
IMO they're not "more stringent," they use a different standard altogether which among other things, fails to recognize the "C" part of the grading spectrum. It all depends what standard you want to be applied.
Possibly. If it will straight grade. If it will possibly get a details grade at CACG, then better to get it into PCGS plastic as a straight grade.
The market remains strong for PCGS w/CAC sticker material.
"Got a flaming heart, can't get my fill"
In failing to recognize C quality coins for given grade levels and grading them a point lower with a plus, they are grading more stringently.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
If by “get”, you meant “buy”, it depends upon what you have to pay for the coins. And if you meant submit for grading, it depends upon what you’ll be able to obtain for the coins. Grades shouldn’t be looked at in a vacuum.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.