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To CAC or not to CAC. That is the question.

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  • LeeBoneLeeBone Posts: 4,490 ✭✭✭✭✭

    And now, having seen your Morgan Dollar Set on the Registry, and none have a Bean, I'm guessing you haven't sent any?

  • DisneyFanDisneyFan Posts: 2,158 ✭✭✭✭✭

    @ARCO said:

    I prefer CAC coins, but usually don't buy because sellers have their heads up their asses on prices. :D

    Where you lost us is not using more specific words than "sellers." :)

  • ARCOARCO Posts: 4,414 ✭✭✭✭✭

    @winesteven said:

    "Oh, I see" said the blind man. :)

    Steve

    @DisneyFan said:

    @ARCO said:

    I prefer CAC coins, but usually don't buy because sellers have their heads up their asses on prices. :D

    Where you lost us is not using more specific words than "sellers." :)

    Well, an auction house is not a seller, it is an auction, so the market participants dictate the final price. A coin dealer/seller is "seller" in my example because they afix their often, unrealistic price because the coin has a green bean. Sometimes it is warranted, often it is not.

    Hope that helps.

  • winestevenwinesteven Posts: 4,627 ✭✭✭✭✭

    @ARCO said:

    @winesteven said:

    @ARCO said:
    CAC coins, without a doubt fetch the highest premiums. Well, PCGS+CAC is the winning combo...IMO. I prefer CAC coins, but usually don't buy because sellers have their heads up their asses on prices. :D

    Gee, that's quite a broad negative statement, and it happens to be incorrect as well.

    Like me, many sellers of coins in PCGS holders with CAC stickers consign their coins to Heritage, GC, Stacks, etc. As such, it's the BUYERS of those coins that determine the price sold, NOT the sellers. When you don't buy because the pricing is too high for YOU, don't blame the sellers.

    Steve

    It was tongue in cheek Steve. Take a deep breath. Also, a retail price is different than an auction...you agree?

    First, retail prices from dealers/sellers and auction prices mutually impact each other. Second, my experience, is that if I can find coins I need/want from dealers/sellers, they are very often less than auction prices, so I still have difficulty agreeing with any of your points.

    My guess is you still just get hung up and upset on the higher prices that PCGS holdered coins with CAC stickers are bringing in today’s market compared to coins that don’t merit CAC stickers, whether from dealers/sellers or auctions. 😉

    Steve

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    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
  • HillbillyCollectorHillbillyCollector Posts: 637 ✭✭✭✭✭

    @LeeBone said:
    All I know is that those OGH's would look good with oval bling added on

    >
    Exactly! OGH and rattlers with a bean are a perfect combo, IMO. These, at least with rare gold, will often command a premium over Guide prices.
    Also, I feel that a bean makes a coin more liquid, selling more quickly.
    >
    Just my .02c

  • MFeldMFeld Posts: 13,875 ✭✭✭✭✭

    @ARCO said:

    @winesteven said:

    "Oh, I see" said the blind man. :)

    Steve

    @DisneyFan said:

    @ARCO said:

    I prefer CAC coins, but usually don't buy because sellers have their heads up their asses on prices. :D

    Where you lost us is not using more specific words than "sellers." :)

    Well, an auction house is not a seller, it is an auction, so the market participants dictate the final price. A coin dealer/seller is "seller" in my example because they afix their often, unrealistic price because the coin has a green bean. Sometimes it is warranted, often it is not.

    Hope that helps.

    Don’t you also often see sellers of non-CAC coins asking unrealistic prices? I have for the past 40+ years.

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

  • ProofCollectionProofCollection Posts: 6,394 ✭✭✭✭✭

    @ARCO said:
    CAC coins, without a doubt fetch the highest premiums. Well, PCGS+CAC is the winning combo...IMO. I prefer CAC coins, but usually don't buy because sellers have their heads up their asses on prices. :D

    Are you making that assessment by comparing the asking price to the Greysheet retail price guide, and are you complaining about sellers who price above the GS retail price? As others have pointed out, dealers and sellers have always done this, but if they are listed at GS retail, I wouldn't say they have they've done something anatomically impossible with their head.

    @MFeld said:

    @ARCO said:

    @winesteven said:

    "Oh, I see" said the blind man. :)

    Steve

    @DisneyFan said:

    @ARCO said:

    I prefer CAC coins, but usually don't buy because sellers have their heads up their asses on prices. :D

    Where you lost us is not using more specific words than "sellers." :)

    Well, an auction house is not a seller, it is an auction, so the market participants dictate the final price. A coin dealer/seller is "seller" in my example because they afix their often, unrealistic price because the coin has a green bean. Sometimes it is warranted, often it is not.

    Hope that helps.

    Don’t you also often see sellers of non-CAC coins asking unrealistic prices? I have for the past 40+ years.

    For sure!

  • FrickFrick Posts: 90 ✭✭✭

    @LeeBone said:
    And now, having seen your Morgan Dollar Set on the Registry, and none have a Bean, I'm guessing you haven't sent any?

    Correct. I left collecting for 18++ years and just recently got back into it....

  • nencoinnencoin Posts: 1,255 ✭✭✭✭

    Send them in. Too much upside to not try.

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