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Will these coins CAC
CalifornianKing
Posts: 1,259 ✭✭✭✭
Had a dealer friend tell me that the Indian, 2.5$, and the SLQ are worth sending in. What do y’all think? Also was thinking about the $10 and $1.
https://imgur.com/gallery/E73E95t
Edit, redid filming
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Maybe just set the coin down and then do the video. That way you could even use both hands to hold the camera. Just a thought.
I would send them all. The worst that could happen is they do not sticker. I think they all have a good chance of passing. Nice coins!
Very likely, but brace yourself, the average success rates are 40% so if you get 2/3 count yourself above average. I can't quite figure out their criteria; if you take the coin down a grade or two would it then sticker? Recently I sent a PCGS coin into cac which said that the straight graded coin was badly cleaned.
The videos don’t allow for a clear look at the coins and the movement is too fast. But from what I can see, due to rub on the leg, I don’t think the quarter would sticker.
In addition to assessing whether the coins might sticker, it’s important to consider the potential benefits if they do. At those grades, I don’t think it would make an appreciable difference.
I hope you will be able to enjoy the actual coins more and slow down a bit.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Understand. I will re-film. Also define rub, how did it get ms61 if there was rub on it?
Here is the new video(s)
https://imgur.com/gallery/E73E95t
done
There's only one way to find out for sure.......
Rub is discoloration or luster breaks on the high points of a coin and can be caused by stacking coins, "cabinet" friction, casual handling, etc. It it's minor and the coin otherwise shows no signs of circulation, a (lower) uncirculated grade is often assigned.
Yes but I A. Don't want to waste their time, and B don't want to have $15 per coin that doesnt cac locked up with them for however long it takes. Also my application is still processing.
I would not send the 1 dollar coin in or the $2.50. The dollar gold has to many large marks on the obverse for the grade.. I feel the same way on the $2.50...
The court jester does not play, but gently pulls the strings…
Ahh, thank you for enlightening a uncultured swine (joke) like me
After you read the opinions of 50 people here you still won't know, and you'll still need to send them in to find out.
Dealers who have been in the game for decades often have a hard time guessing if CAC will sticker coins and they have the advantage of viewing them in-hand, in ideal conditions. Gold is harder still, since the CAC "pass" rate on those is generally much lower than for silver coins of the same era.
I don’t buy a lot of US anymore so feel free to ignore my advice. But I do belong to CAC and have sent a few orders in.
In my opinion, based on the coins you are buying/posting, the $15 you spend per coin will be WELL worth the time, effort and money.
It’s like having an expert dealer share their opinion with you. It’s a fraction of the cost of the price you have paid. And it will sharpen your eye to help avoid problem or so-so purchases in the future.
My current "Box of 20"
I think clear, still shots of each coin would have been as good as or better than the videos.
From what I could see, I still believe that the quarter is the least likely to sticker. And that there’s extremely limited upside in submitting those coins of those grades to CAC.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Thanks everyone for your opinions, I will take them to a few more dealers at a coin show and then decide.
You have received good input regarding these coins. And, it appears, you will seek more input. None will be as effective as submitting the coins. Good luck. Cheers, RickO
It’s hard to tell from the pictures but unless you’re doing this as an academic exercise it’s a waste of money. There’s little upside to sticker these coins.
If you are sending in the coins, and assuming you are not a dealer, the downside is minimal if the coin does not sticker (you are only out postage/insurance both ways since there is no fee). If the dealer submits them, then you pay for CAC review regardless if it stickers or not.
Even though the "value" of the coin with a CAC sticker may be the same as a non-stickered coin, in my experience, coins with CAC are easier to sell than those without ... YMMV.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
i think the $10 has a good shot.
Those coins in those grades aren’t illiquid/tough/sells. If they’re priced realistically, they’ll sell just fine, with or without stickers.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Seems like this would be true for most everything.
Actually, I think that there are quite a few high value and/or unusual/esoteric coins, in particular, that don’t necessarily sell, just fine, even if priced realistically.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Would those sell better if priced unrealistically?
Absolutely. If coins don’t sell at realistic prices, simply keep raising the prices until they sell. Or not.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.