If CAC is willing to pay the next highest grade up, then why is the market in these generally two grades higher?
Because some people have actually looked at the coins and decided that the coins are worth more. Many of the gold sticker coins that I have seen in my area are under graded by 2-3 grades. YMMV
<< <i>If CAC is willing to pay the next highest grade up, then why is the market in these generally two grades higher?
Because some people have actually looked at the coins and decided that the coins are worth more. >>
For a while there was strong demand (and premiums realized) for gold CAC coins that had nothing to do with the actual quality of the coin. They were bringing premiums the same way doily slabs, black NGC slabs, and the like bring premiums. Those premiums, however, have diminished significantly. Just look at what many of the gold CAC coins brought in the recent Heritage sale.
<< <i>If CAC is willing to pay the next highest grade up, then why is the market in these generally two grades higher?
Because some people have actually looked at the coins and decided that the coins are worth more. >>
For a while there was strong demand (and premiums realized) for gold CAC coins that had nothing to do with the actual quality of the coin. They were bringing premiums the same way doily slabs, black NGC slabs, and the like bring premiums. Those premiums, however, have diminished significantly. Just look at what many of the gold CAC coins brought in the recent Heritage sale. >>
I can only speak to the coins I have seen and gold stickers I have made. Perhaps that was the case when the SPQR collector was buying them all. I know for the gold sticker coins that. Made, I generally had to buy them at least a grade or two higher (before there were stickers). Ultimately, it comes coin to the coin. The bells and whistles are nice, but it's the coin that matters for me.
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SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Because some people have actually looked at the coins and decided that the coins are worth more. Many of the gold sticker coins that I have seen in my area are under graded by 2-3 grades. YMMV
<< <i>If CAC is willing to pay the next highest grade up, then why is the market in these generally two grades higher?
Because some people have actually looked at the coins and decided that the coins are worth more. >>
For a while there was strong demand (and premiums realized) for gold CAC coins that had nothing to do with the actual quality of the coin. They were bringing premiums the same way doily slabs, black NGC slabs, and the like bring premiums. Those premiums, however, have diminished significantly. Just look at what many of the gold CAC coins brought in the recent Heritage sale.
<< <i>
<< <i>If CAC is willing to pay the next highest grade up, then why is the market in these generally two grades higher?
Because some people have actually looked at the coins and decided that the coins are worth more. >>
For a while there was strong demand (and premiums realized) for gold CAC coins that had nothing to do with the actual quality of the coin. They were bringing premiums the same way doily slabs, black NGC slabs, and the like bring premiums. Those premiums, however, have diminished significantly. Just look at what many of the gold CAC coins brought in the recent Heritage sale. >>
I can only speak to the coins I have seen and gold stickers I have made. Perhaps that was the case when the SPQR collector was buying them all. I know for the gold sticker coins that. Made, I generally had to buy them at least a grade or two higher (before there were stickers). Ultimately, it comes coin to the coin. The bells and whistles are nice, but it's the coin that matters for me.
<< <i>What's the earliest date gold CAC coin? A colonial maybe? >>
I've never seen one if it exists. I doubt it does.
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