Will It CAC? #01

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That one will sticker. The number one reason is it is dripping with luster plus attractive toning.

 

I love the light toning and darn I think NGC did real good on the grade. It's a gem all the way and CAC is blind in one eye and doesn't see too good out of the other eye if it can't see that.

 

Great looking coin but will the added value of a CAC sticker be greater than the cost of getting that sticker?

 

It think it's high end for the grade but not under graded, so I will say it green beaned.

It's definitely not my series, but I'll give my opinion on the attributes you asked for. From the picture, it looks to me to have a weak strike with neutral toning and above average luster and skin, with only relatively few marks.

 

Matt, thank you for the explanation as to your motive. It does make sense that in assembling a CAC type set that the more common modern types should have the sticker for the uniformity of the set. I really like the earthiness of the toning of this half dollar just enough to enhance an otherwise bland obverse design. If I were a Franklin half collector and I saw this one for sale I would buy it but, my collecting interests at the moment are the Liberty Seated coinage.

 

When reading my reply please take into account I'm viewing this on my phone.
I think this one got the green sticker. 54 is one of the dates in the series that tend to have nicer luster and this coin sure does have nice luster, I would say better than average for the date. The surfaces look nice, high end 65 I believe. And as far as strike I think it looks about average for an S mint, it's not particularly weak but I wouldn't say it was sharp either. The toning looks pretty good as well.
I would definitely like to have that one in my collection.

 

Quite frankly, after a few CAC threads recently, I'm not sure what to think of CAC anymore. Despite what their website says, more than one savvy collector and big name dealer has said that the sticker means nothing more than that John Albanese is willing to make a market in the coin.

The "A" and "B" versus "C" stuff seems to be something they can use to describe their business model to the submitting dealers and collectors -- but I don't honestly think that they can consistently tell the difference between a coin that's A, B, or C.

So, to answer your question, I have no idea if it CACed or not. The main reason why is because I am not John Albanese, so I can't know what he is thinking. I have seen far too many coins that I find to be highly attractive, original, and high end for the grade that have failed at CAC. And, I have seen others that passed CAC that are real dogs and I wouldn't touch if they were graded 2 grades lower than their assigned grade. In the end, collect what you like -- if you like what JA likes, then I guess collect CACed coins.

 

I look for good deals. Cacs are never good deals. I ignore them. Cacs schmacks.

 

Thanks Matt. The take away message for me has been that, 1) Many coins that have the CAC sticker I find very attractive, and high-end -- but not all. 2) Many coins that do not have the CAC sticker I find very attractive, and high-end -- so the absence of a magic bean doesn't mean the coin isn't worthy of the label high-end.

Some other food for thought: It is to CAC's advantage to limit the number of beans they apply. Keeping the supply of CAC coins low ensures the current high demand (and premiums) will sustain themselves. One of my (many) concerns with CAC is their possible lack of consistency over time. A coin stickered early on in their business (e.g., 2008) was advantageous to build their image and get enough coins on the market with the green bean that it would be noticed. That same coin submitted today may be held to a different standard, and may not sticker. I think this is part of the reason that some people are confused when they submit their coins to CAC. They have seen probably a dozen similar coins with stickers -- they submit theirs, and it doesn't sticker. Why? In my opinion, part of the "why" is probably because the standard has changed.

 

I like the coin and will choose a green sticker.

 

I'm saying cac is a selling tactic, not a buying one. Learn to grade and train ur eye and you don't need no stinkin' cac. They were designed for lazy/busy investors.

 

This is my question too you is it really worth all of that effort to make 12 dollars i see more of a profit in buying 10 dollar unslabbed coins like franklins, buffalos and indian head and selling them for 15 to 20. Thats a lot less work and the profit will be more for 70 dollars worth of coins you will make 20-40 dollars that a lot more then your 12 and if you figure in all the time it took you to work all this out imo you made not a dime !!

 

I understand where you are coming from completely this is how a look at it, when one is trying to make a profit slabbing coins and get the CAC sticker on coins is not the best idea unless the coin is of high value !! More money is to be had in selling to people who will buy raw and have the coin slabbed for their collection also a good profit can be made from buying already slabbed coins for as cheap as possible put in the hard work finding the good prices on ebay or at your LCS or at a flea market, make friends and people will help you along the way. I just think the way you are doing it you will be disappointed even with getting the green bean on this coin i think the max you will get from it is 50-55 basically you will break even and all the time you spent will actually cause you to lose money !!

 

Awesome buffalo by the way i just saw it !! Also remember he who has his heart set will succeed !!