Just removed 3 green beans from some slabs.
GoldenEyeNumismatics
Posts: 13,187 ✭✭✭
Those CAC stickers sure do make a mess when you remove them.
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Comments
<< <i>Those CAC stickers sure do make a mess when you remove them. >>
Why did you remove them?
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<< <i>Those CAC stickers sure do make a mess when you remove them. >>
Why did you remove them? >>
Because genuinely PQ coins don't get the attention they deserve with a green sticker.
Well, done GEN. You're part of the solution and not the problem. For that, I applaud you.
<< <i>Because genuinely PQ coins don't get the attention they deserve with a green sticker. >>
Unless the much rumored gold sticker actually exists, I don't follow your logic.
GoldenEye, would you have removed a goldie? just curious
www.brunkauctions.com
www.brunkauctions.com
<< <i>i must have been typing at the same time as Bayard1908.....and its not a rumor; there is a gold sticker >>
It must be pretty rare. I've looked at thousands of proof type coins this year and haven't seen a single gold sticker.
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<< <i>i must have been typing at the same time as Bayard1908.....and its not a rumor; there is a gold sticker >>
It must be pretty rare. I've looked at thousands of proof type coins this year and haven't seen a single gold sticker. >>
I've seen probably about 15.
<< <i>i tend to agree that it takes something away from a coin to have a sticker because we are all looking for that 'extra quality' in a coin and the sticker points out that this has already been considered (presumably into the price)......by this logic would a gold CAC sticker actually be worse for a coin to bear??
GoldenEye, would you have removed a goldie? just curious >>
No, I would not have removed a gold sticker.
I've had a number of coins which bore the green sticker, but really should have been upgrades, or at least have a great shot at an upgrade. The green sticker makes people think there's little chance of an upgrade.
Goo Gone should remove the sticky stuff.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
I remember collecting stickers as a child...
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
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<< <i>i tend to agree that it takes something away from a coin to have a sticker because we are all looking for that 'extra quality' in a coin and the sticker points out that this has already been considered (presumably into the price)......by this logic would a gold CAC sticker actually be worse for a coin to bear??
GoldenEye, would you have removed a goldie? just curious >>
No, I would not have removed a gold sticker.
I've had a number of coins which bore the green sticker, but really should have been upgrades, or at least have a great shot at an upgrade. The green sticker makes people think there's little chance of an upgrade. >>
In that case maybe they shud put the green bean on vertical like.
you will have Pasta Fazool.
Camelot
In honor of the memory of Cpl. Michael E. Thompson
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab.
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<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab. >>
Money.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
Stickers don't protect a coin either...
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<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab. >>
Money. >>
No, I just don't want to have to wait 45 days to send a coin back out to a TPG when it comes time to sell, and I also don't want to have sit and wait for someone to come along and buy the piece raw. Some series sell great raw. Others do not. The pieces I removed the sticker from are not the types of coins that sell well raw: proof type.
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<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab. >>
Money. >>
No, I just don't want to have to wait 45 days to send a coin back out to a TPG when it comes time to sell, and I also don't want to have sit and wait for someone to come along and buy the piece raw. Some series sell great raw. Others do not. The pieces I removed the sticker from are not the types of coins that sell well raw: proof type. >>
Lots of words for the same answer; money.
In honor of the memory of Cpl. Michael E. Thompson
john
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<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab. >>
Money. >>
No, I just don't want to have to wait 45 days to send a coin back out to a TPG when it comes time to sell, and I also don't want to have sit and wait for someone to come along and buy the piece raw. Some series sell great raw. Others do not. The pieces I removed the sticker from are not the types of coins that sell well raw: proof type. >>
Makes sense to me
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>At this point in time, I think most potential buyers at coin shows view a "green bean" as, first and foremost, an indication that the seller is making every effort to squeeze every last dime out of the coin. Perversely, that makes the coin seem like it's not worth a closer look. However, as more and more people use the service, this dynamic will change, perhaps dramatically. >>
As an occasional buyer of coins with stickers, I have viewed the CAC sticker as largely incidental, and so have the sellers offering the coins that have the sticker. The only time I see the sticker impacting the price is when the coin is a generic.
I think that the logic of the OP in this thread is aligned with your notion above, not that there's anything wrong with it. By not having the coins displayed with the CAC sticker, you allow the potential buyer to consider the coin as an upgrade candidate. The green sticker seemingly closes the door on the possibility, though in fact, some of these CAC stickered coins will undoubtedly get upgraded at some future point in time.
<< <i>At this point in time, I think most potential buyers at coin shows view a "green bean" as, first and foremost, an indication that the seller is making every effort to squeeze every last dime out of the coin. Perversely, that makes the coin seem like it's not worth a closer look. However, as more and more people use the service, this dynamic will change, perhaps dramatically. >>
Isn't their claim that after they concur on existing grade...and then they say WOWEE...."this here coin sho is purdy!!"...I like this one real good, for this here coin is a scosh better than grade, we think!!!
OK OK...this is my kind 'o coin!!!
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<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab. >>
Money. >>
No, I just don't want to have to wait 45 days to send a coin back out to a TPG when it comes time to sell, and I also don't want to have sit and wait for someone to come along and buy the piece raw. Some series sell great raw. Others do not. The pieces I removed the sticker from are not the types of coins that sell well raw: proof type. >>
Lots of words for the same answer; money. >>
No. Efficient and effective.
And what is wrong with money anyway? Is it taboo to make a buck?
You mean, like, off a coin collector?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab. >>
Money. >>
No, I just don't want to have to wait 45 days to send a coin back out to a TPG when it comes time to sell, and I also don't want to have sit and wait for someone to come along and buy the piece raw. Some series sell great raw. Others do not. The pieces I removed the sticker from are not the types of coins that sell well raw: proof type. >>
Lots of words for the same answer; money. >>
No. Efficient and effective.
And what is wrong with money anyway? Is it taboo to make a buck? >>
You are reading more into my statements than I have put into them. No where in this exchange will you find that I have stated it is wrong, unethical or incorrect to make money. In fact, I think it can be a good thing to make money.
You answered early in the thread that you remove the stickers "because genuinely PQ coins don't get the attention they deserve with a green sticker". I then asked if this extended to your view on slabbed coins and, if not, why not. Your response was about liquidity of sales, which has everything to do with the intake of money and the turnover of money. There is nothing wrong with that and I agree that if your business model is improved by the removal of the sticker then you are wise to do so. When I pointed out that the underlying reason was actually "money" you then expanded on your reasons and added the time frame issue to the liquidity issue. Again, this is entirely money.
I did not make a value judgement on any of your motives in this thread. Improving the liquidity and reducing dead time due to evaluations are terrific ideas as are using slabs for protection of your inventory, for opinions on grades or market acceptability and for an assurance of a genuine US Mint product. Of course, it all comes down to money, which is what I wrote earlier.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>And what is wrong with money anyway? Is it taboo to make a buck?
You mean, like, off a coin collector? >>
(gasp!) Of course not!
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<< <i>By your logic I would imagine that you also crack out all of your coins and keep, display or sell them raw "because genuinely PQ coins don't get the attention they deserve with a green sticker" or while housed in a slab. If you don't crack the coins out then I would be curious as to your rationalization. >>
It's easy to sell a coin that doesn't have a sticker. It's much harder to sell a coin that doesn't have a slab. >>
Money. >>
No, I just don't want to have to wait 45 days to send a coin back out to a TPG when it comes time to sell, and I also don't want to have sit and wait for someone to come along and buy the piece raw. Some series sell great raw. Others do not. The pieces I removed the sticker from are not the types of coins that sell well raw: proof type. >>
Lots of words for the same answer; money. >>
No. Efficient and effective.
And what is wrong with money anyway? Is it taboo to make a buck? >>
You are reading more into my statements than I have put into them. No where in this exchange will you find that I have stated it is wrong, unethical or incorrect to make money. In fact, I think it can be a good thing to make money.
You answered early in the thread that you remove the stickers "because genuinely PQ coins don't get the attention they deserve with a green sticker". I then asked if this extended to your view on slabbed coins and, if not, why not. Your response was about liquidity of sales, which has everything to do with the intake of money and the turnover of money. There is nothing wrong with that and I agree that if your business model is improved by the removal of the sticker then you are wise to do so. When I pointed out that the underlying reason was actually "money" you then expanded on your reasons and added the time frame issue to the liquidity issue. Again, this is entirely money.
I did not make a value judgement on any of your motives in this thread. Improving the liquidity and reducing dead time due to evaluations are terrific ideas as are using slabs for protection of your inventory, for opinions on grades or market acceptability and for an assurance of a genuine US Mint product. Of course, it all comes down to money, which is what I wrote earlier. >>
I apologize. I incorrectly assumed it was the beginning of another hostile thread about why dealers are the devil for trying to grow a business.
In honor of the memory of Cpl. Michael E. Thompson
Who put CAC down here?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
merse
Probably when dealers stop promoting it as the latest, greatest invention in coin collecting...and it is more common, my view will change.
``https://ebay.us/m/KxolR5