Home U.S. Coin Forum

CACG Slabs (how are they shaking out in the market price wise ?)

13»

Comments

  • ProofCollectionProofCollection Posts: 6,375 ✭✭✭✭✭

    @breakdown said:
    Proof collection
    I specifically mentioned stickered NGC
    coins, which I believe are what is allowed for NGC-graded classic coins on the CACG registry.

    And unstickered PCGS coins are often less valuable than stickered NGC coins to many discerning collectors.

    As for moderns like the coin you posted, I cannot comment as I don’t buy or sell in that space.

    Ah, sorry I missed that. that helps. If the requirement is to be stickered but that eliminates moderns. Clearly I haven't ventured into the CAC registry.

  • coinbufcoinbuf Posts: 11,492 ✭✭✭✭✭
    edited December 30, 2024 9:29AM

    @breakdown said:
    Proof collection
    I specifically mentioned stickered NGC
    coins, which I believe are what is allowed for NGC-graded classic coins on the CACG registry.

    And unstickered PCGS coins are often less valuable than stickered NGC coins to many discerning collectors.

    As for moderns like the coin you posted, I cannot comment as I don’t buy or sell in that space.

    Just a slight correction, the CACG registry allows both stickered and unstickered NGC and PCGS coins in the CACG registry. They have separate sets for the non stickered coins and sets that combine coins with stickers and those in CACG holders. Here is a quick screen shot of just one set, on the right you see the breakdown of universal sets (NGC and PCGS coins with and without stickers) and CAC only which is the combined CAC stickered and CACG coins.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • GoldminersGoldminers Posts: 4,190 ✭✭✭✭✭

    The CACG registry is clearly a work in progress when it comes to accepting modern PCGS coins. I tried to upload or import a few sets with my csv files from the PCGS registry and dozens of the coins are not recognized. Numerous errors where it states invalid grade on a coin with a PCGS SP70 is not accepted because it wants a MS70. Multiple errors because it cannot find the catalog entry for the coin. That is usually because the PCGS number on the certificate is one with some special label not in their catalog system. Basically, I gave up trying to figure out how to resolve these issues.

    That said, for modern coins, trying to get PCGS to do anything with existing registry set errors or adding new 2024 coins to sets is also a futile exercise.

    There are also plenty of PCGS coins in 69 and 70 grades that CACG would not even grade because they have very slight post mint damage. This does make the CACG moderns, in general, more valuable for those who want better looking coins for the same grade.

  • GotTheBugGotTheBug Posts: 1,664 ✭✭✭✭✭

    @Desert Moon said:

    @GotTheBug said:
    I'm a huge CAC fan, my personal collection is CAC driven, but CACG is nonsense.

    But they use identical grading standards for CAC stickering and CACG grading. If that half got a CACG grade, it means it would sticker at that grade. Do you mean to say that you have never seen coins you did not like in other TPG holders?

    Here is a better set of images for it. Mottled toning like this can form in many ways, it does not mean the coin had a “HEAVY old dip”. I have seen 10000s of coins in all 3 major TPG’s holders I don’t like. But that does not mean they are ’nonsense’…………..

    You have my quote mixed up with somebody else. My quote:

    "This is where I'm at for my mid-grade Barber half set. It doesn't make sense for me to pay a premium for a piece and then turn around and cross it over to PCGS for even more money."

  • cheezhedcheezhed Posts: 5,875 ✭✭✭✭✭

    @constitutional_halve said:

    HEAVY old dip and splotchy residue re-toning.

    This coin would NEVER see a sticker in a P or N holder due to surface issues and yet CACG straight graded.

    I'm a huge CAC fan, my personal collection is CAC driven, but CACG is nonsense.

    But they graded the coin in hand, we're looking at pictures.

    Many happy BST transactions
  • MFeldMFeld Posts: 13,839 ✭✭✭✭✭

    @constitutional_halve said:

    HEAVY old dip and splotchy residue re-toning.

    This coin would NEVER see a sticker in a P or N holder due to surface issues and yet CACG straight graded.

    I'm a huge CAC fan, my personal collection is CAC driven, but CACG is nonsense.

    I think it’s incredible that you can be so certain about the coin’s history and condition (as well as that CAC would “NEVER” sticker it in a PCGS or NGC holder) , just from the images provided.

    To state that “CACG is nonsense” is just that - nonsense.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Cougar1978Cougar1978 Posts: 8,366 ✭✭✭✭✭
    edited December 30, 2024 5:43PM

    Each slabbed coin (it’s TPG accepted by ebay) is unique depending on where it falls in the grade range. So generalizations about TPG just nothing but player BS IMO. Now as far as CACG being undergraded a half point lower than the others perhaps agree on some them. But that does not replace ANA or PCGS grading standards. Jury still out but cull out the black tarnish ones. Have retailed a number of CACG strong money. So don’t mind carrying a few as long get my price.

    Coins & Currency
  • PeakRaritiesPeakRarities Posts: 4,016 ✭✭✭✭✭

    @Cougar1978 said:
    Each slabbed coin (it’s TPG accepted by ebay) is unique depending on where it falls in the grade range. So generalizations about TPG just nothing but player BS IMO. Now as far as CACG being undergraded a half point lower than the others perhaps agree on some them. But that does not replace ANA or PCGS grading standards. Jury still out but cull out the black tarnish ones. Have retailed a number of CACG strong money. So don’t mind carrying a few as long get my price.

    Would it be fair to say that a CACG graded 55+ could be something that you would need to charge 58 money to make your margin?

    Founder- Peak Rarities
    Website
    Instagram
    Facebook

  • Desert MoonDesert Moon Posts: 5,869 ✭✭✭✭✭

    @wondercoin said:
    ‘’Respectfully, it’s the answer only so long as the PCGS registry is the only game in town. Some of us like the flexibility of the CACG registry. It acknowledges that there are great coins in stickered NGC holders.’’

    Understood. And, for now, it’s “the only game in town” for most serious collectors. If (20) years from now, things change, I hope I’m here to not only watch it happen, but to consider participating in it too. Meanwhile, every time PCGS offers its $10 crossover special, massive hoards of some of the greatest NGC and ANACS (etc) coins migrate into PCGS holders. And, of course, some find their way back to other holders at higher grade levels where the “arbitrage” makes sense.

    As always, just my 2 cents.

    Wondercoin.

    And PCGS charges you a percentage of the value of the coin to cross. What great fun.

    My online coin store - https://desertmoonnm.com/
  • ProofCollectionProofCollection Posts: 6,375 ✭✭✭✭✭

    @Desert Moon said:

    @wondercoin said:
    ‘’Respectfully, it’s the answer only so long as the PCGS registry is the only game in town. Some of us like the flexibility of the CACG registry. It acknowledges that there are great coins in stickered NGC holders.’’

    Understood. And, for now, it’s “the only game in town” for most serious collectors. If (20) years from now, things change, I hope I’m here to not only watch it happen, but to consider participating in it too. Meanwhile, every time PCGS offers its $10 crossover special, massive hoards of some of the greatest NGC and ANACS (etc) coins migrate into PCGS holders. And, of course, some find their way back to other holders at higher grade levels where the “arbitrage” makes sense.

    As always, just my 2 cents.

    Wondercoin.

    And PCGS charges you a percentage of the value of the coin to cross. What great fun.

    Not if you crack it out.

  • ProofCollectionProofCollection Posts: 6,375 ✭✭✭✭✭

    @Desert Moon said:

    @ProofCollection said:

    That's a double edge sword. As a PCGS-only collector I do not want to compete with NGC collectors who can obtain coins at a significant discount to what they go for in PCGS slabs. If I were a CACG collector I would not want to compete with NGC or PCGS collectors for the same reason.

    Er. Ah. For the kinds of coins I collect NGC coins do not trade at a discount. For example:

    I assure you that the bad girl above did not cost me anywhere near as little as the published retail value of XF40, by any guide on wishes to choose. The cost, and the value of the coin is way above that, and even so more because it sits in a Fatty. So I am not sure your reasoning above is correct. I would much rather participate in a registry where I can buy a high quality coin in any TPG holder than be restricted to one TPG holder as @wondercoin suggests most ’serious collectors’ are. Oh wait, I guess I am not a serious collector because I don’t want such a restriction.

    Another example. Last nite at GC I was bidding way over 2X Retail for and NGC half dime with no CAC sticker. And I got blown away by 3 other bidders. Yup NGC coins are easy and inexpensive to get you imply. Think again……..

    I'm sure it's dependent on the series. In my world of moderns and DMPL Morgans, it's definitely there and is even reflected in Greysheet. Here's a snippet for demonstration:

  • Desert MoonDesert Moon Posts: 5,869 ✭✭✭✭✭

    @GotTheBug said:

    @Desert Moon said:

    @GotTheBug said:
    I'm a huge CAC fan, my personal collection is CAC driven, but CACG is nonsense.

    But they use identical grading standards for CAC stickering and CACG grading. If that half got a CACG grade, it means it would sticker at that grade. Do you mean to say that you have never seen coins you did not like in other TPG holders?

    Here is a better set of images for it. Mottled toning like this can form in many ways, it does not mean the coin had a “HEAVY old dip”. I have seen 10000s of coins in all 3 major TPG’s holders I don’t like. But that does not mean they are ’nonsense’…………..

    You have my quote mixed up with somebody else. My quote:

    "This is where I'm at for my mid-grade Barber half set. It doesn't make sense for me to pay a premium for a piece and then turn around and cross it over to PCGS for even more money."

    No, here is what you said:

    @GotTheBug said:
    "I'm a huge CAC fan, my personal collection is CAC driven, but CACG is nonsense.”

    I am responding to the fact that you called CACG nonsense………...

    My online coin store - https://desertmoonnm.com/
  • Desert MoonDesert Moon Posts: 5,869 ✭✭✭✭✭

    @ProofCollection said:

    @Desert Moon said:

    @wondercoin said:
    ‘’Respectfully, it’s the answer only so long as the PCGS registry is the only game in town. Some of us like the flexibility of the CACG registry. It acknowledges that there are great coins in stickered NGC holders.’’

    Understood. And, for now, it’s “the only game in town” for most serious collectors. If (20) years from now, things change, I hope I’m here to not only watch it happen, but to consider participating in it too. Meanwhile, every time PCGS offers its $10 crossover special, massive hoards of some of the greatest NGC and ANACS (etc) coins migrate into PCGS holders. And, of course, some find their way back to other holders at higher grade levels where the “arbitrage” makes sense.

    As always, just my 2 cents.

    Wondercoin.

    And PCGS charges you a percentage of the value of the coin to cross. What great fun.

    Not if you crack it out.

    That would be smart, you never know what kind of day a grader is having. You really want to crack out an expensive coin just to cross to PCGS? Go for it and to each his own.

    My online coin store - https://desertmoonnm.com/
  • Cougar1978Cougar1978 Posts: 8,366 ✭✭✭✭✭
    edited December 30, 2024 7:16PM

    @PeakRarities said:

    @Cougar1978 said:
    Each slabbed coin (it’s TPG accepted by ebay) is unique depending on where it falls in the grade range. So generalizations about TPG just nothing but player BS IMO. Now as far as CACG being undergraded a half point lower than the others perhaps agree on some them. But that does not replace ANA or PCGS grading standards. Jury still out but cull out the black tarnish ones. Have retailed a number of CACG strong money. So don’t mind carrying a few as long get my price.

    Would it be fair to say that a CACG graded 55+ could be something that you would need to charge 58 money to make your margin?

    Sure, very likely.

    Whether I charge 55 CACG money (they don’t list plus do they) plus a tackon for plus or simply cost plus is proprietary with the business depending on the items cost and market conditions. I may research what somebody else selling his for. Is his a piece of trash vs mine? Sometimes just @if function Calc in ss: cost plus, CPG, xyz seller. We don’t leave any stone unturned.

    Many low pop rarities can trade high especially if PQ and it’s the only one in the room. But the seller probably paid thru the nose get them.

    In some instances some guy would say all knowingly lol “well your competition over there has it for less.” I go over there see the coin (those rare instances) and always its been inferior quality vs mine. Don’t let them talk you down especially some lame story.

    Coins & Currency
  • ProofCollectionProofCollection Posts: 6,375 ✭✭✭✭✭

    @Desert Moon said:

    @ProofCollection said:

    @Desert Moon said:

    @wondercoin said:
    ‘’Respectfully, it’s the answer only so long as the PCGS registry is the only game in town. Some of us like the flexibility of the CACG registry. It acknowledges that there are great coins in stickered NGC holders.’’

    Understood. And, for now, it’s “the only game in town” for most serious collectors. If (20) years from now, things change, I hope I’m here to not only watch it happen, but to consider participating in it too. Meanwhile, every time PCGS offers its $10 crossover special, massive hoards of some of the greatest NGC and ANACS (etc) coins migrate into PCGS holders. And, of course, some find their way back to other holders at higher grade levels where the “arbitrage” makes sense.

    As always, just my 2 cents.

    Wondercoin.

    And PCGS charges you a percentage of the value of the coin to cross. What great fun.

    Not if you crack it out.

    That would be smart, you never know what kind of day a grader is having. You really want to crack out an expensive coin just to cross to PCGS? Go for it and to each his own.

    I would crack out a CACG coin if I agreed with the grade and felt there would be little or no controversy. I think the risk of a downgrade from CACG at our host is very low and it should easily re-grade at CACG if it came to that.

  • DisneyFanDisneyFan Posts: 2,143 ✭✭✭✭✭

    @Desert Moon said:

    Last nite at GC I was bidding way over 2X Retail for a NGC half dime with no CAC sticker. And I got blown away by 3 other bidders. Yup NGC coins are easy and inexpensive to get you imply. Think again……..

    Just curious, what gave you the confidence to bid on the coin? Did you or a friend see it in hand?

  • PeakRaritiesPeakRarities Posts: 4,016 ✭✭✭✭✭
    edited December 31, 2024 1:00AM

    @Cougar1978 said:

    @PeakRarities said:

    @Cougar1978 said:
    Each slabbed coin (it’s TPG accepted by ebay) is unique depending on where it falls in the grade range. So generalizations about TPG just nothing but player BS IMO. Now as far as CACG being undergraded a half point lower than the others perhaps agree on some them. But that does not replace ANA or PCGS grading standards. Jury still out but cull out the black tarnish ones. Have retailed a number of CACG strong money. So don’t mind carrying a few as long get my price.

    Would it be fair to say that a CACG graded 55+ could be something that you would need to charge 58 money to make your margin?

    Sure, very likely.

    Whether I charge 55 CACG money (they don’t list plus do they) plus a tackon for plus or simply cost plus is proprietary with the business depending on the items cost and market conditions. I may research what somebody else selling his for. Is his a piece of trash vs mine? Sometimes just @if function Calc in ss: cost plus, CPG, xyz seller. We don’t leave any stone unturned.

    Many low pop rarities can trade high especially if PQ and it’s the only one in the room. But the seller probably paid thru the nose get them.

    In some instances some guy would say all knowingly lol “well your competition over there has it for less.” I go over there see the coin (those rare instances) and always its been inferior quality vs mine. Don’t let them talk you down especially some lame story.

    I agree with you there, the reason I asked is because of some of your previous comments in the past year when you proclaimed that “you would never pay more than the grade on the holder”- which is your prerogative. But now what you’re saying his that a premium undergraded 55 might deserve 58 money.

    A slight contraction, but you’re totally allowed to change your mind, or stance on something. With this topic., I’d be glad to hear that you did. I respect when people do change their position in light of new information, that’s forward progress in my opinion 👍. Thanks for the reply.

    Founder- Peak Rarities
    Website
    Instagram
    Facebook

  • wondercoinwondercoin Posts: 16,979 ✭✭✭✭✭
    edited December 31, 2024 1:08AM

    ‘’And PCGS charges you a percentage of the value of the coin to cross. What great fun.’’

    Dear Desert Moon: Of course, there are exceptions to every rule. First, there are some (shall we call them “esoteric”) coin series where it really doesn’t matter what holder one collects the coins in as participation in the Registry is very light and in some cases the series contains some very rare and valuable coins (contributing to the light participation). The half dime series you mentioned may fit the bill. My pride and joy Pattern Liberty nickel Registry set (please check out my Registry set) fits the bill, etc, etc.

    Second, many old NGC “fatty’s” and other early holder graded NGC and ANACS coins, as well as select coin series where NGC or possibly even the old ANACS grading team are commonly recognized as the strictest grading services for a series can fit the bill (again, many of these coins being constantly lost forever over time to PCGS’ crossover specials, etc.). And so on.

    On a side note- while PCGS fees can be “painful” at times (including the added crossover fees for successful crosses) the vast majority of serious collectors once again know they are worth it and would wish PCGS crossed 100% of their submitted coins as opposed to just 10% or 20%. Simple fact here.

    I have personally crossed over some AMAZING NGC and ANACS graded coins, including bump ups in grade to create the finest known 1944 Steel Cent, a 1943 Copper cent (2 grade levels higher on the cross that sold at auction for incredible money, a spectacular Barber Half 3 grade levels higher!! And even a coin or two up to 5 grade levels higher adding in one case “six figures” to the value!! Obviously, others can likely boast (privately) about very high “six figure” scores, if not near MILLION DOLLAR pay days on successful crosses. And, the fees to PCGS in all these cases- WORTH EVERY PENNY!

    As always, just my 2 cents.

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • @PeakRarities said:

    A slight contraction, but you’re totally allowed to change your mind, or stance on something. With this topic., I’d be glad to hear that you did. I respect when people do change their position in light of new information, that’s forward progress in my opinion 👍.

    “When new facts come to light, I change my mind. What do you do?”

    Attributed to the economist Paul Samuelson.

  • shishshish Posts: 1,161 ✭✭✭✭✭

    CACG graded coins in the series I collect are realizing strong prices as one would expect.

    The CACG graders are using the strictest grading standards. My friends combined with my experience of submitting to CAC and CACG has proven this over and over again. Perhaps even more important CAC has proven to be the most consistent by far. What J/A has accomplished at CAC and continues to do at CACG with Ron and John is very important. Their service has and will continue to reduce longtime industry problems such as over-grading, grade inflation, and problem certified coins. IMHO, to achieve these goals it requires the finest graders who work together and share their extensive knowledge. In addition, CAC has the finest registry.

    Liberty Seated and Trade Dollar Specialist
  • Cougar1978Cougar1978 Posts: 8,366 ✭✭✭✭✭
    edited December 31, 2024 9:30AM

    Once u crack a coin and send it in somewhere anything can happen. Sort of like poker. It amazes me how posters here are supposedly clairvoyant assuming what a TPG will grade it. Maybe the grader got griped out for his grading too liberal the day before your stuffed arrived.

    Coins & Currency
  • Desert MoonDesert Moon Posts: 5,869 ✭✭✭✭✭

    @wondercoin said:
    ‘’And PCGS charges you a percentage of the value of the coin to cross. What great fun.’’

    Dear Desert Moon: Of course, there are exceptions to every rule. First, there are some (shall we call them “esoteric”) coin series where it really doesn’t matter what holder one collects the coins in as participation in the Registry is very light and in some cases the series contains some very rare and valuable coins (contributing to the light participation). The half dime series you mentioned may fit the bill. My pride and joy Pattern Liberty nickel Registry set (please check out my Registry set) fits the bill, etc, etc.

    Second, many old NGC “fatty’s” and other early holder graded NGC and ANACS coins, as well as select coin series where NGC or possibly even the old ANACS grading team are commonly recognized as the strictest grading services for a series can fit the bill (again, many of these coins being constantly lost forever over time to PCGS’ crossover specials, etc.). And so on.

    On a side note- while PCGS fees can be “painful” at times (including the added crossover fees for successful crosses) the vast majority of serious collectors once again know they are worth it and would wish PCGS crossed 100% of their submitted coins as opposed to just 10% or 20%. Simple fact here.

    I have personally crossed over some AMAZING NGC and ANACS graded coins, including bump ups in grade to create the finest known 1944 Steel Cent, a 1943 Copper cent (2 grade levels higher on the cross that sold at auction for incredible money, a spectacular Barber Half 3 grade levels higher!! And even a coin or two up to 5 grade levels higher adding in one case “six figures” to the value!! Obviously, others can likely boast (privately) about very high “six figure” scores, if not near MILLION DOLLAR pay days on successful crosses. And, the fees to PCGS in all these cases- WORTH EVERY PENNY!

    As always, just my 2 cents.

    Wondercoin

    My 2-cents is obviously different than yours and apparently most ‘serious collectors’. I want the best coin I can find within my collecting goals and I don’t care about the holder but prefer CACG for many reasons that to me are obvious. To each collect how they wish.

    My online coin store - https://desertmoonnm.com/
  • GoldminersGoldminers Posts: 4,190 ✭✭✭✭✭
    edited January 4, 2025 10:23AM

    I think it is interesting that already 11 of the 230 PCGS graded, 2024 Flowing Hair Gold coins with privy, that were auctioned bay Stacks Bowers a few weeks ago were sent to CACG and crossed over as PR70DCAM coins.

    To me this indicates there is a subset of people who wanted the additional CAC grading confirmation, and/or the CAC registry, and/or feel there is added future market value with the CACG label.

    Since CAC does not sticker PCGS slabbed modern coins like these, the only way was to send the already graded PCGS coins in for crossover to get the green bean label.

  • pcgscacgoldpcgscacgold Posts: 2,938 ✭✭✭✭✭

    @cinque1543 said:

    @pcgscacgold said:
    For me it doesn't matter since all my coins go into Intercept Tech boxes.

    Is this the item you use for CACG-slabbed coins? Looks like a good solution for higher value coins.

    Sorry for the late reply. I took some time off from here.

    Yes, those are what I use. I buy an extra pack of 5 since I fit 11 in each box (only comes with 10). It is tight but that works for me.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file