Are you seeing folks now buying both the holder (OGH) and sticker (CAC) ? I am. Been looking at Saints in higher-grades since FUN 2026 and before and the prices for some MS-65 and MS-66 coins with both OGH and CAC are really up there. I'm seeing MS-66's WAY more $$$ than some MS-67's !!! I'm not talking rarities....I'm talking mid-1920's common Saints and even 1908 NMs. Are you seeing this with your gold or non-gold coins ?OG
I think it’s a coin-by-coin thing on an individual basis, and I don’t have enough personal participation in the market to comment, but OGH + CAC certainly isn’t a bad thing, and the idea that folks would seek that out certainly wouldn’t surprise me.
No doubt. With the high price for gold and silver, I think for are looking for a common that stands out, especially since the premiums for better dates hasn't caught up yet.
For me, I wasn't into collecting OGH or CAC....I was able to get my 2 DEs (1 Saint, 1 LH) with both at the MS-63 level for hardly any premium. I'm seeing the dichotomy at the MS65/66 level. Recall, I wanted a 1908 No Motto Saint at FUN 2026 (none with OGH+CAC) but I just saw one go off for $8,000 (total cost) wheresa with gold about the same price I saw some MS-67's (!!) asking $6,750. Now, maybe the latter were overgraded or maybe there was the proverbial One Dumb Bidder overpaying for the MS-66 CAC/OGH online.
Gold coins and any coin with a higher base value tends to limit the OGH premium but when combined with CAC, that can push up even a higher dollar coin based on the (real or perceived) belief that it is a better coin than something in a newer holder. The one thing OGH plus CAC has going for it, is that you know the coin is stable (been in the holder for many years now and unlikely to develop any issues if stored properly).
I'm going to look closer at the 1908 NM's, ddddd. Because of the 1908 NM's poor reputation (really, the non-Wells Fargo coins), I could see where the OGH+CAC (really, the CAC) would separate "ratty-looking" coins from those with good eye appeal and luster. The OGH's in this case also signified a slightly different pedigree, namely the Wells Fargo Hoard. But it's still a plentiful coin....with lots of coins in the MS-67 level at the cheapest cost for any Saint in the 67 grade....such that I really didn't see why an MS-66 with multiple add-ons (CAC, OGH) would trade at that kind of premium and even blow past the MS-67 price. I'll have to watch the auctions closely for MS-66s and MS-67's...and especially the 66's with BOTH OGH and CAC and those OGH only.
That point did not occur to me until just tonight. A friend of mine who’s paranoid about Red copper and bronze mentioned that over dinner tonight. He prefers to buy his RD copper in older holders, because he’s more certain the coins inside will be stable in terms of their surfaces, and to have formed a protective “skin”, so to speak. You know they’re not likely to change on you. Whereupon my other friend at the table (who primarily collects Ancients) pointed out that that’s not an issue with ancient bronze. It has a patina that’s thousands of years old. They’ve formed a really thick “skin”! And they’re perfectly OK to handle with ungloved hands.
Definitely worth considering and I've thought the same thing with oldered Morgans and modern ASEs. But I've had and seen even coins that were over 100 years...and have spent decades in a holder....turn and tone recently long after you figured they'd be immune to that. Same thing with milk spots and modern ASEs....you figure if it's an older ASE and hasn't developed the spots by now, they're unlikely to show up later on. I know this was a problem with a few people who purchased the 1995-W at a huge premium as it is a Key Date coin. Yeah, Ancients have had THOUSANDS of years to adapt, so you definitely wouldn't expect that problem with those coins. As long as you have a legit coin and not a fake (ancients are fertile ground for counterfeits), you don't have to worry about the problems that high-purity (silver) coins might develop today like toning, milk spots, etc.
