@davewesen said:
it seems +20% is a good rough number for CAC green
There isn’t a good rough number that applies to most coins. As just one very large example, consider the many thousands of generic $20 gold coins graded MS63 and lower. As another, the many thousands of common date Morgan dollars graded MS65 and lower. There are so many exceptions to any rough number that it’s far more practical to consider the type, grade and value of the coin in question.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I have noticed a reduction in the bidding for CAC stickers recently, probably because (1) people realize the likelihood at this late date of jumping a grade is not as high as years ago and (2) waiting for CACG holders.
As collectors we're told to "buy the coin and not the holder". After years of training and holding ourselves to this maxim, we now have to look past a green sticker too. For some, including myself on occasion, this has proved insurmountable. I can only comment on my own proclivities, but when the pictures in an auction are suboptimal but the coin still appears nice for the grade, I'll put a bit more faith in the sticker and bid. Maybe others feel the same way because I've noticed that there are usually more bidders for stickered coins. How much $$ this translates into for the seller is likely going to depend on many factors... the seller (with feedback if on ebay); images; and the Coin itself... is it rare... is it a Type piece... is it a widget...etc...
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
Yes the CACG slab material seeing very strong demand (got pocket)? 2 acquired a month ago or so sold, did well for me (cost plus). Had to pay up for them to get them.
Unless they release a flood of them can’t see demand decrease and even then who knows outlook seems strong.
About 35% of my collection is stickered. I’m glad that I got most of them for a decent price about 10 or 15 years ago before the heavy prices truly manifested themselves. I have no interest in the CACG slabs. To me they’re not worth the super high premium. I’m also a registry participant both here and ATS where they are currently not permitted.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@blitzdude said:
The cacs doesn't really increase value however it does cost the owner a bit more once they realize it's time to remove the nasty (aka bean) off the slab. Goo Gone ain't cheap. RGDS!
Your distaste for CAC causes you to spout bologna, which isn’t a good look for you.
Stick with glitter beans, I'll stick with the coins. THKS!
Answers
Sorry... I don't know what I did that made the closing sentence bold and larger- Good news- I fixed it.
Experience the World through Numismatics...it's more than you can imagine.
it seems +20% is a good rough number for CAC green
Varies per issue, grade - Consult CDN CAC CPG
There isn’t a good rough number that applies to most coins. As just one very large example, consider the many thousands of generic $20 gold coins graded MS63 and lower. As another, the many thousands of common date Morgan dollars graded MS65 and lower. There are so many exceptions to any rough number that it’s far more practical to consider the type, grade and value of the coin in question.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I have noticed a reduction in the bidding for CAC stickers recently, probably because (1) people realize the likelihood at this late date of jumping a grade is not as high as years ago and (2) waiting for CACG holders.
As collectors we're told to "buy the coin and not the holder". After years of training and holding ourselves to this maxim, we now have to look past a green sticker too. For some, including myself on occasion, this has proved insurmountable. I can only comment on my own proclivities, but when the pictures in an auction are suboptimal but the coin still appears nice for the grade, I'll put a bit more faith in the sticker and bid. Maybe others feel the same way because I've noticed that there are usually more bidders for stickered coins. How much $$ this translates into for the seller is likely going to depend on many factors... the seller (with feedback if on ebay); images; and the Coin itself... is it rare... is it a Type piece... is it a widget...etc...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Yes the CACG slab material seeing very strong demand (got pocket)? 2 acquired a month ago or so sold, did well for me (cost plus). Had to pay up for them to get them.
Unless they release a flood of them can’t see demand decrease and even then who knows outlook seems strong.
About 35% of my collection is stickered. I’m glad that I got most of them for a decent price about 10 or 15 years ago before the heavy prices truly manifested themselves. I have no interest in the CACG slabs. To me they’re not worth the super high premium. I’m also a registry participant both here and ATS where they are currently not permitted.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Stick with glitter beans, I'll stick with the coins. THKS!
The whole worlds off its rocker, buy Gold™.