MAC sticker. What is this sticker all about?
jesbroken
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I sent a group of 30 odd coins to GC and they asked my permission to remove this sticker as it was not an approved application. Didn't know I sent a coin with this sticker. I've not heard of it.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
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MAC, or Modern Approved Coin, is a modern-only sticker. Not reputable as far as I know.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
Here is a Coin World article about the stickering and what it means:
https://www.coinworld.com/news/us-coins/florida-firm-stickering-certified-coins-with-grade-enhancements.html#:~:text=The “MAC” component of the,considered to be “MACABLE.”
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
it has been around a while but has no traction right now
How far back does it consider modern? This coin was a 1940 5c PCGS MS-66 FS.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
https://forums.collectors.com/profile/MACGE1
MAC was a good read in 2015 and even got BNB some mentions.
Check out the CW article.
At launch, "modern" started at 1960. However, the "grade enhancement" categories, at least the examples listed in the article, started earlier.
These are interesting.
It seems like the purveyor of these stickers manages to command a steep premium for MAC stickered coins. How they find customers I do not know but evidently they do. They charge more than I would ever pay. In the resale market, the market places little or no value on the stickers from what I can tell.
From my experience, their stickers are usually found on "correctly" and top graded modern coins. You could say they sticker "A" and "B" coins but in my experience a MAC stickered NGC coin may still fail to cross to PCGS.
http://ProofCollection.Net
I own two of these. Both are Ireland republic (1928-68), which is not modern even where world coinage is concerned. That said, while the sticker and associated claim were far from a thought when purchased, I must admit the quality is high within the grade. Along the lines of a star or plus designation. Both were EBAY purchases using the make an offer, which was roughly ten percent less of the opening. Knowing what these upper mint state grades trend at, my cost was actually a bargain rather than a premium which many assume they bring. Now this may be different on the more popular and collectible U.S. coinage, which I can not attest to. The bottom line, I think they are a reputable, honest dealer with a keen eye on qualty. Just my opinion.
I have read or been told from multiple sources that Alan Hager is involved with the MAC operation. If you are not familiar with that name he was the owner of ACG the now defunct grading service that was involved in multiple lawsuits.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I bought one and paid NO premium for the sticker, then removed it.
Auction firms should just leave the MAC, CMQ, Eagle Eye, or any other legitimate stickers on the slabs. Let the new owners decide if they want to remove them or not.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I guess each individual company has judgements as to what is its acceptable standards and some pass and some do not.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Voluntary dissolution about a decade ago....expired domain registration....
I'd be more reluctant to peel the Dole sticker off my banana 🍌.
Founder- Peak Rarities
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Why can't the current owner decide how they want to frame it for sale?
So you're saying this sticker supply is fixed and therefore rare and collectible...
I suppose so..... maybe even as rare as the collectors of them. Certainly don't have to worry about competition this guy 🙋♂️, but you go ahead and go get'em tiger.
Founder- Peak Rarities
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Facebook
The current owner did decide when they left the sticker on before they sent it to the auction house.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I believe this topic was already fully hashed out in that other thread.
http://ProofCollection.Net
Changed discussion title per request.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Perhaps they did or didn't. But they were asked by the auction house about removing it. At that point, they can decide.
I have a coin with a MAC sticker, to be honest, I was going to peel it off. I thought it was the sellers store.
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins
I have a few of those, even the Eagle Eye. Too bad they didn't add any extra value or weight to the grading and crossovers they became. This 1983-P Roosevelt is MS67 and is in the #1 set, 1983 Mint Set. I'd love to replace it with Full Bands someday. According to PCGS, there's one MS67+ 10C and 38 MS67. There's only 2 MS67FB. It is "finest" sorta.
I totally respect an Eagle Eye opinion.
The only MAC label I have held inhand was overgraded by both PCGS and MAC. JMO
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
NASCAR holders...
Somebody call Conder.
At> @PeakRarities said:
I would send your Dole banana to Chiquita first to see if it'll cross.
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Remember the $20 bill with the banana sticker?
My World Coin Type Set