The gold sticker experience
ElmerFusterpuck
Posts: 4,884 ✭✭✭✭✭
At the last Central states show, I consigned a lot of 20 coins to Great Collections to auction off. I always check the box that says let GC decide which ones to send to CAC. They did select a handful, and all but one got stickered. But one did get the coveted gold sticker. It was a 1952 Washington Carver commemorative 50c dated 1952, nicely toned and in an old green PCGS holder with a grade of MS-64. I bought this coin long ago in an old Teletrade auction for around $60.
Fast forward to last night and I got this nice result. I know gold stickers do add premiums but was not expecting this result. Has anyone else here had a similar experience?
Just for comparison, here's a non-CAC PCGS MS-66+ coin that sold last night. It's attractive too, and was imagining if my coin got this grade without the sticker, would it get the same result, assuming my coin was 2+ points undergraded? We'll never know.
10-4,
Erik
My registry sets
Comments
Congratulations! Ian has a magnificent staff working for him.
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Yes, gold bean prices have gone through the roof and you were the beneficiary. I was watching your auction and very interested in acquiring the W/C until the price went from $700 to over $1000.
GC is a great place to sell but not so sure about the buying side now.
Tim
Wow. Interesting comparison.
The stickered coin may have been helped along by the beautiful toning as well.
Nice result! It does seem like 2 points or more lately.
Collector of Liberty Seated Half Dimes, including die pairs and die states
NICE!!! Congrats on the win!
"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
What a great result — congrats!
Awesome CAC result! Congrats!
"Another day, another Collectors Universe forum scrolling session."
- Someone, probably
I was watching this coin and you had the trifecta going for you in terms of older PCGS holder with stunningly toned coin and a gold CAC sticker. The coin you compared it to has a higher grade but is significantly less nice than the coin you sold, in my opinion.
In honor of the memory of Cpl. Michael E. Thompson
A gold sticker in an old green holder is money in the bank. The actual Value of the coin means very little, at that point..
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I thought coins weren't a good investment.
I'm shocked that went so high.
This is atypical for that coin. I've had plenty of old holder and gold stickers and have researched reasonable pricing or expectations. Keep in mind customers who pay that kind of money can return for refunds and GC will still have the positive press regardless.
OGH + Gold Bean = $$$
I'll add another observation: some of the other coins in my auction when for good prices, CAC or not. The biggest surprise there was my 1931-D dime in old holder PCGS MS-63 FB. I bought for $50 many years ago. I brought to to a couple of shows to sell for $175 to $200 range. No takers, dealers or collectors. In this auction, it hammered for $367. I'll take it!
10-4,
My Instagram picturesErik
My registry sets
"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
As others have said, OGH + Gold CAC is generally a winning combination.
I’ll just add that OGH + Gold CAC + Great Collections seems to be becoming a nuclear combination.
At those prices, I will be packing up my gold CAC commems tonight to consign to GC:
Tim
The coin sold for the high price because of the toning not the sticker. A 64 vs a 66 (id f you assume two grade points for the gold bean) is like $45 vs $125. I doubt folks are that silly to pay a thousand bucks for a sticker LOL. For toning apparently yes
Tim, If you do send them off make sure you space them out over time.
Take advantage of the hype, it won't last forever.
Mike
My Indians
Dansco Set
Hope you didn't pay dearly for them. Gold CACs were never cheap.
My comment was tongue in cheek, I'm enjoying the collection too much to sell. All I need is a Missouri and I will have a complete set of commem half dollars with the gold bean.
Tim
I only started collecting commems in 2024 but even then, the gold CAC's were relatively affordable. More recently, the prices have gone through the roof so I'm mostly on the sidelines (although I did pick up four more yesterday).
Tim