MS-65 1885CC Morgan-CAC

Discussion in 'US Coins Forum' started by Bman33, Sep 30, 2017.

  1. green18

    green18 Unknown member Sweet on Commemorative Coins

    Have you seen the coin? Is the strike and condition superb and agreeable to you? Then the price doesn't matter.........
     
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  3. Bman33

    Bman33 Well-Known Member

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  4. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    Theres not necessarily specific CAC pricing/premiums. Most of the time high value coins with stickers will sell for more (you can hate on CAC but if you don't understand why that is...when buying an expensive coin from pictures...then you are just blindly hating) but no set amount more and sometimes can find them right around where ones without stickers will go.

    I echo the sentiments that I wouldn't necessarily limit yourself to a stickered one. It's an extra security net when buying online in that price range but definitely don't pass on one you like. I've posted my 85CC in 65 here and no chance it would sticker (a little chatter in fields has it as a pretty average 65) but I wouldn't trade it for too many same graded examples out there cause the eye appeal is amazing.
     
  5. Bman33

    Bman33 Well-Known Member

    The Grey Sheet I have says they will have CAC Pricing for Morgans soon. They have them for Peace Dollars already.
     
  6. baseball21

    baseball21 Well-Known Member

    You could have a very long thread about the problems with the prices they have on a lot of things.
     
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  7. Santinidollar

    Santinidollar Supporter! Supporter

    Don't know if this helps, but one of my methods is to decide what a fair price (in other words what I am willing to pay) and tack on another 10 percent for the sticker. Of course, the coin still has to pass the eyeball test. There are a lot of ugly stickered coins out there. CAC is an aid and not a crutch.
     
  8. eddiespin

    eddiespin Fast Eddie

    Is there any picture of the coin anywhere in the thread up to the point of my observation? Is there any description of it, even? The defense rests...
     
  9. Santinidollar

    Santinidollar Supporter! Supporter

    The OP, I believe, hasn't settled on a particular coin and is talking in general terms. It's really tough to give any help until he actually settles on a candidate.
     
  10. Bman33

    Bman33 Well-Known Member

    This thread is asking about CAC Pricing on a future purchase. That's it. There is no coin in hand. Did you read the first post?
     
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  11. Beefer518

    Beefer518 Well-Known Member

    This PCGS MS65 CAC just sold the other day for $1,175, and IMO, it's a really pretty coin. LINK

    And this may help for use as a pricing guide - LINK It's the coinsociety price guide page for that coin in MS65 (PCGS) CAC, but you can look up anything.
     
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  12. eddiespin

    eddiespin Fast Eddie

    Of course I read it. You want to know how much a label is with a green bean on it. We have a saying, maybe you're unfamiliar with it. It's buy the coin, not the label.
     
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  13. Bman33

    Bman33 Well-Known Member

    Thank you! Finally someone understands. I now have a ball park ($1,175.00). I will grade the coin myself too, and make sure I like it before I buy.
     
  14. TheFinn

    TheFinn Well-Known Member

    I've got a 64 and would be hard pressed to find its better in a 65 holder. I bought the coin, and I think the guy wept when I told him I would take it. I think he thought he put enough of a premium on it to scare me away. I was working a table at a coin show, and he is a friend with a good eye for quality.
     
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  15. baseball21

    baseball21 Well-Known Member

    No he wanted to know a price range for a coin of PCGS MS 65 CAC quality
     
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  16. TheFinn

    TheFinn Well-Known Member

    From little to excessive. Whatever you feel comfortable spending. If it isn't comfortable, you aren't going to get that way further in the future.
     
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  17. imrich

    imrich Supporter! Supporter

    I personally generally love the coins that Mr. Albanese Et Al certify, and have a large "sight seen" collection of "beaned" scarce coins, including a coin similar to the specific coin you desire.

    I'm now an authorized submitter to CAC. finding that what established dealers might select for CAC approval may not get a CAC bean. My last submission through a dealer was with an established professional certifier. I had him, as I'd allowed others in the past, to choose from a large slection of Gem condition scarce date coins. He chose 9 coins, and I the tenth which he said would never pass. We each had one coin receive a CAC bean.

    I've seen similar opinions here of CAC selections.

    The point is: that a significant portion of "beaned" coins may not meet the desired current "market grading" choices of many "dealers" selling in the market-place today. The choice of currently offered coins may not meet your requirements in the price range you've stated!

    Individuals fail to remember that CAC is selecting coins that minimally meet the current average grade of the certifying firm!

    I personally believe that if you locate a coin as you desire, you may need to pay appreciably more than your stated budget. You may be looking for a Gold bean coin to be the premier item in your collection.

    JMHO
     
    Last edited: Oct 5, 2017
  18. imrich

    imrich Supporter! Supporter

    I believe this is a "bucket list" item desired based upon "blue sheet" type pricing. If the item ever appears in competent sales venues, I and others will venture offers significantly greater than those generally stated here.

    JMHO
     
  19. baseball21

    baseball21 Well-Known Member

    For the coin he's looking for a gold bean is pretty unrealistic. There are currently only two gold beans for it, a MS 61 and an MS 64. If you could even find either the 64 would be very expensive
     
  20. imrich

    imrich Supporter! Supporter

    You're correct, he's seemingly looking for the attached coin with a "bean" in a MS65 slab.

    JMHO $_1.jpg
     
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