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How long until ??

soty27soty27 Posts: 1,956
in U.S. Coin Forum
So how long until a CAC sticker no longer means anything? Recently I have seen SEVERAL high end coins with a CAC sticker not cross to one of the big TPG services. Usually a CAC on a high end coin helps that coin sell for top dollar when brought to auction. With so many high end coins with CAC stickers not crossing at a TPG in the assigned grade then whats the point of a CAC sticker. I know a cac sticker is jsut another opinion but its a proven fact that it does help when it comes to resale but if a major TPG wont agree with the assigned grade even with a CAC sticker then whats the point.

Comments

  • TexasNationalsTexasNationals Posts: 3,837 ✭
    It's funny I never thought it did mean anything??
  • RobbRobb Posts: 2,034 ✭
    In the eyes of many it never meant much to begin with but it will take a while before that attitude spreads hobby wide. Barring any corruption on CAC's part it'll likely never happen.
    imageRIP
  • CoinosaurusCoinosaurus Posts: 9,645 ✭✭✭✭✭
    March 25th image
    Newman Numismatic Portal, www.NewmanPortal.org
  • soty27soty27 Posts: 1,956
    It may or may not mean much to some here but like I previously stated it is a proven fact that a CAC coin will usually pull more money at auction then a non cac coin.
  • MoldnutMoldnut Posts: 3,113 ✭✭✭✭
    <Usually a CAC on a high end coin helps that coin sell for top dollar when brought to auction. >



    Im sure it was the coin and not that sticker that brought that strong price.
    Derek

    EAC 6024
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>March 25th image >>



    ....image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • coinguy1coinguy1 Posts: 13,484 ✭✭✭


    << <i>....With so many high end coins with CAC stickers not crossing at a TPG in the assigned grade then whats the point of a CAC sticker. I know a cac sticker is jsut another opinion but its a proven fact that it does help when it comes to resale but if a major TPG wont agree with the assigned grade even with a CAC sticker then whats the point. >>

    You have, in part, provided your own answer/opinion already: "... but its a proven fact that it does help when it comes to resale".
  • yellowkidyellowkid Posts: 5,486 ✭
    Buy the coin etc, but what is wrong with having another opinion already there, knowing that it will probably help, and certainly won't hurt at resale time? I bought three commems in Baltimore, the most expensive was NGC no bean, the middle PCGS w/ CAC, the cheapest a PCGS, no sticker. I would have bought any of them with or without a bean but I feel the stickered one has a little "bonus" attached. When I'm looking at a 66 or 67 commem where sometimes the difference in grade can be minimal, a CAC sticker is like having an expert there with you. Not everyone in this hobby has been gradin for years, or will ever acquire the eye to pick a 67 from a 68. Having said that, I certainly would never buy a coin just because it has a sticker.


    PS there was a corresponding thread running, I think it went "poof".

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