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My first CAC coin

Feel free to chuckle a little. image

At Westford coin show I bought my first CAC coin. It a little bit of a joke since shipping and certicartion of this coin likely cost more than the coin itself.

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Comments

  • sparky64sparky64 Posts: 7,041 ✭✭✭✭✭
    Hey, the bottom line is that it's a really nice AU Lincoln and it's yours.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • WalkerfanWalkerfan Posts: 9,618 ✭✭✭✭✭
    Still cool---I like it.

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

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  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭
    That is something to be proud of.
    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭
    Is it a variety ?
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • FlatwoodsFlatwoods Posts: 4,245 ✭✭✭✭✭
    Nothing wrong with that one at all.

    I love AU Lincolns. Congratulations on a first.



  • AblinkyAblinky Posts: 628 ✭✭✭
    Congrats, and nice coin to match.

    Andrew Blinkiewicz-Heritage

  • orevilleoreville Posts: 12,121 ✭✭✭✭✭
    Cool cent and a tough one too.



    Not something to laugh at.



    Congrats on your purchase.
    A Collectors Universe poster since 1997!
  • HandHHandH Posts: 438 ✭✭✭
    Certainly not something to laugh at. Study it and determine why JA certified it, and learn from it. Enjoy it. It's yours. Contact him if necessary to explain to you why it's certified CAC. . I've never known him not to extend this courtesy. I have a 1861 3C silver that is certified. Retail $130. Wholesale probably $85. But not for sale. Im very proud of it. Enjoy it. Learn from it. Education is the key to eternal life. Okay, I got carried away a little at the end here

    US Civil War coinage
    Historical Medals

  • ElcontadorElcontador Posts: 7,625 ✭✭✭✭✭
    Question - Is there a trace of mint luster on this coin? I don't see it in the pic & was told that was required for a coin to be called AU today. It didn't used to be that way with respect to copper, a number of years ago. Please advise.
    "Vou invadir o Nordeste,
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  • FullStrikeFullStrike Posts: 4,353 ✭✭✭


    For some reason I've always liked the 1921 date. Maybe I ought to put together a 1921 Mint Set type of deal.



    It could get really pricey so the AU grades might be right for me. Maybe even VF for some Coins.
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    I've accidentally, (or incidentally?), bought a few CAC coins. At least one of which, I didn't know it was CAC'ed until I received it.



    We forgive you. image

    Easily distracted Type Collector
  • VanHalenVanHalen Posts: 4,277 ✭✭✭✭✭
    Not trying to steal your thread but yours is a $50 coin. Mine is a $25 coin. Actually paid $24 for it. image



    image
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
  • sadysta1sadysta1 Posts: 1,311 ✭✭✭
    Thank you. I bought it for no premium too.
  • msch1manmsch1man Posts: 809 ✭✭✭✭
    I'm always surprised when I see a $100 or less retail coin that is not only certified, but also has a CAC sticker. I guess I'm not so much surprised by seeing the occasional coin fitting this description, I guess I'm surprised how many of them you see. If you do standard grading, what does it cost to ship a $100 or so coin out, have it graded, ship it back, ship it to CAC, have it stickered, and finally ship it back?
  • Originally posted by: oreville
    Cool cent and a tough one too.

    Not something to laugh at.

    Congrats on your purchase.


    image
  • CuKevinCuKevin Posts: 1,734 ✭✭✭✭
    Originally posted by: msch1man
    I'm always surprised when I see a $100 or less retail coin that is not only certified, but also has a CAC sticker. I guess I'm not so much surprised by seeing the occasional coin fitting this description, I guess I'm surprised how many of them you see. If you do standard grading, what does it cost to ship a $100 or so coin out, have it graded, ship it back, ship it to CAC, have it stickered, and finally ship it back?


    Answer: Bulk submission. It's MUCH cheaper and some have quotas to fill.
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  • oih82w8oih82w8 Posts: 12,469 ✭✭✭✭✭
    image Heck yeah! I have seen lessor coins in PCGS holders and yours got the CAC nod to boot! image
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • bestdaybestday Posts: 4,242 ✭✭✭✭
    Nice ..I bought an el cheapo CAC... went on to collect many ..
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    No laughter here... nice old coin.... Cheers, RickO
  • Jackthecat1Jackthecat1 Posts: 1,122 ✭✭✭
    That is a nice coin, nothing to laugh at.
    Member ANS, ANA, GSNA, TNC



    image
  • johnny9434johnny9434 Posts: 28,934 ✭✭✭✭✭
    congrats on your first pick up of the sorts, funny or not
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .

    It a little bit of a joke since shipping and certicartion of this coin likely cost more than the coin itself.




    on bulk subs, you'd be surprised at the cost. the cac is odd but still not out of line. someone probably thought it was better tham 50. i do from that pic.



    tough to sell these xf-60 lincs sometimes as they can tend to look a lot alike. a holder helps that equation for some buyers.



    coulda been going for an au58 everyman set, got is real cheap and had option to cheap grading fees. perhaps a grading set.



    or i am plain wrong on every count and someone simply didnt know what they were doing or just want to keep subs up at pcgs. image

    .

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  • ashelandasheland Posts: 23,556 ✭✭✭✭✭
    I like it, too. Nice pickup!
  • FredFFredF Posts: 526 ✭✭✭
    I only sent one submission to PCGS and there were some coins that weren't worth slabbing technically but I was playing GTG with myself. If random people could send coins to CAC, I'd do the same thing, trying to see which would and which wouldn't and then see whether or not I was right. Only thing stopping me is that I'd have to find someone who could do the submission for me, and since I'm not trying to sell anything so don't need the bean for anything other than personal self-gratification, I haven't gotten around to it.

    Successful BST (me as buyer) with: Collectorcoins, PipestonePete, JasonRiffeRareCoins

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