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Buy the holder, not the coin. CAC Gold AU58 Steel Cent brings silly money.

ProofCollectionProofCollection Posts: 6,937 ✭✭✭✭✭

Thought this was an interesting auction. I had always wondered if there were any AU58 CAC Gold coins out there which I guess means this coin is UNC. But even in MS67 is a price guide of $200. Maybe collecting AU58 Gold CAC holders is a thing?
ebay: https://www.ebay.com/itm/297332335402

Comments

  • MsMorrisineMsMorrisine Posts: 35,797 ✭✭✭✭✭

    everyman's?

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  • coinbufcoinbuf Posts: 11,817 ✭✭✭✭✭

    @MsMorrisine said:
    everyman's?

    Would not matter as neither the PCGS or NGC registry can currently "see" or add points for the CAC bean, could not even be added to a PCGS CAC only registry set currently. There are very few gold bean Lincoln cents in total and this might be the only AU58, that is what drove the price.

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  • Project NumismaticsProject Numismatics Posts: 1,699 ✭✭✭✭✭

    Gold CACs that are not late date buffs or mercs generally bring at least $400 regardless of the coin.

  • MsMorrisineMsMorrisine Posts: 35,797 ✭✭✭✭✭

    @coinbuf said:

    @MsMorrisine said:
    everyman's?

    Would not matter as neither the PCGS or NGC registry can currently "see" or add points for the CAC bean, could not even be added to a PCGS CAC only registry set currently. There are very few gold bean Lincoln cents in total and this might be the only AU58, that is what drove the price.

    p58's are plentiful?

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  • U1chicagoU1chicago Posts: 6,515 ✭✭✭✭✭

    @MsMorrisine said:

    @coinbuf said:

    @MsMorrisine said:
    everyman's?

    Would not matter as neither the PCGS or NGC registry can currently "see" or add points for the CAC bean, could not even be added to a PCGS CAC only registry set currently. There are very few gold bean Lincoln cents in total and this might be the only AU58, that is what drove the price.

    p58's are plentiful?

    There are currently 105 AU 58s of the 1943 (P) cent in the PCGS population.

  • Cougar1978Cougar1978 Posts: 8,765 ✭✭✭✭✭

    Yes they go crazy over the gold stickers don’t they?

    Investor
  • oih82w8oih82w8 Posts: 12,581 ✭✭✭✭✭

    Die Crack rim into head. Is there a split serif on the top left of the 1? There is a DDO in the cherrypickers guide, but it has "extremely thick letters and very thick digits", which i can't see.

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  • coinbufcoinbuf Posts: 11,817 ✭✭✭✭✭

    @MsMorrisine said:

    @coinbuf said:

    @MsMorrisine said:
    everyman's?

    Would not matter as neither the PCGS or NGC registry can currently "see" or add points for the CAC bean, could not even be added to a PCGS CAC only registry set currently. There are very few gold bean Lincoln cents in total and this might be the only AU58, that is what drove the price.

    p58's are plentiful?

    As U1 posted there are many AU58's for this particular date/mm, in addition to the PCGS census NGC shows 62 in AU58 for 1943 cents. I checked the CAC census and there are only 8 stickered AU58 1943 cents and as I suspected this is the only gold stickered coin in AU58 for 1943. In fact in the entire Lincoln cent series CAC has only awarded 4 gold beans out of the 1,100 AU58's that have been reviewed and awarded a sticker by CAC. A true condition rarity for those that are motivated to collect gold bean coins.

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  • P0CKETCHANGEP0CKETCHANGE Posts: 3,027 ✭✭✭✭✭

    @coinbuf said:
    Would not matter as neither the PCGS or NGC registry can currently "see" or add points for the CAC bean, could not even be added to a PCGS CAC only registry set currently. There are very few gold bean Lincoln cents in total and this might be the only AU58, that is what drove the price.

    It’s worth noting that the CAC and MyCollect registries do add points for the bean, although I’m not disputing your reason(s) for the hammer price of this particular coin.

    Nothing is as expensive as free money.

  • pcgsregistrycollectorpcgsregistrycollector Posts: 1,447 ✭✭✭✭✭

    @Morgan White said:
    They bought the sticker not the holder.

    They bought it for clout.

    God comes first in everything I do. I’m dedicated to serving Him with my whole life. Coin collecting is just a hobby—but even in that, I seek to honor Him. ✝️

  • coinbufcoinbuf Posts: 11,817 ✭✭✭✭✭

    @P0CKETCHANGE said:

    @coinbuf said:
    Would not matter as neither the PCGS or NGC registry can currently "see" or add points for the CAC bean, could not even be added to a PCGS CAC only registry set currently. There are very few gold bean Lincoln cents in total and this might be the only AU58, that is what drove the price.

    It’s worth noting that the CAC and MyCollect registries do add points for the bean, although I’m not disputing your reason(s) for the hammer price of this particular coin.

    You are correct, and I suspect that this coin might be highly prized by one of the CAC Collectors Cabinet sets, the equivalent of the PCGS everyman set capped at AU58.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • WalkerfanWalkerfan Posts: 9,734 ✭✭✭✭✭

    People always seem to pay multiples of guide for a gold sticker, even for the next grade up. I’ll never understand why.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

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  • coinkatcoinkat Posts: 23,825 ✭✭✭✭✭

    Let’s not loose site of the fact that we need to hold ourselves accountable for the decisions we make and what we buy.

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  • EbeneezerEbeneezer Posts: 332 ✭✭✭

    To each their own, but not this guy. Ever. It's still an AU58.

  • marmacmarmac Posts: 1,503 ✭✭✭

    Agreed, to each their own. I don't quite get it...

  • Cougar1978Cougar1978 Posts: 8,765 ✭✭✭✭✭
    edited May 28, 2025 8:58PM

    Amazing big spenders on those lol - I go by the grade on the holder. If they think it sb higher go get that grade then. Otherwise take a flying leap.

    A $10 coin went for $501 lol what a screwball situation.

    Investor
  • ProofCollectionProofCollection Posts: 6,937 ✭✭✭✭✭
    edited May 28, 2025 7:06PM

    There is something about the novelty and rarity of a coin that PCGS deemed to be circulated and JA disagrees about.

    In this case it's probably even more rare because the coin itself is worth less than $10.

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