1843 Seated Dollar

Have had this one for several years now. Curious to know what the green cac sticker might add to its value.

 

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According to some recent articles, the CAC sticker does add a premium. I wouldn't hesitate a guess as to what that premium may be though.

 

read something between 10 and 30 percent according to AI. Seems like a lot to me.

 

Well from what I've heard, the Seated Dollar market has heated up the past few years and especially CAC'ed XF-AU ones. I would say it's worth $2000 on the lower end, possibly closer to $3000, but that's not a market I'm well acquainted with.

This one sold for $1,800 Sept. 2023 https://coins.ha.com/itm/seated-dol...5-7086.s?ic4=ListView-ShortDescription-071515



This one sold for $2,400 in Aug. 2023 (It's a nicer coin than the one above) https://coins.ha.com/itm/seated-dol...4-7094.s?ic4=ListView-ShortDescription-071515

 

Well seems like they run 1200 to 1500 - but the last CAC coins at heritage brought around 1800. So that 10 to 20 percent might be accurate. And being as that is a really nice coin I can see bidding up on it. Just my humble opinion.

 

Are CAC coins selling for more because they have a CAC sticker, or do they have a CAC sticker because they are premium for the grade and would sell for more anyways?

I think people are skewing the CAC thing the wrong way.

 

I would think it's because they are premium for the grade. Was just curious about value.

 

Not bad. If you added 10% to the expected value you may still be low. That green sticker draws peoples attention.

 

I don’t really get it either. A CAC sticker means the coin is A or B quality for the grade, C quality rejected. So all other things being equal, two-thirds of the coins in a particular grade should get the CAC. The implication of a premium for CAC is that the price guides are based on C-quality?

 

From what I've heard, the average CAC passing rate is about 10% and sometimes less in certain series like gold coins.

 

I believe the sticker makes more buyers slow down and take a longer look at the coin. That brings more bids.

 

So 90% of the coins are "C quality"? Oh well, we can discuss CAC all day; numerous threads already have. OP coin looks like a nice example. Here's the PCGS image of it. Premium all depends on the buyers.

 

Yes, or CAC deems them overgraded or they have an "unacceptable" issue like old cleaning, etc. I've heard John Albanese say he almost never gives a Gem graded coin a sticker if it is weakly struck or very unattractive.