My first PCGS + coin. A 1932 $10 Ind.

My Q is...Are MS64+ coins worth more than MS64 CAC coins?

This coin is very eye appealing, but I wouldn't call it a 64 +. maybe I'm too conservative when it comes to grading...

 

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Very nice eagle.

 

I would say yes . A CAC coin just means solid or high end for the grade , a plus is high end period .

 

This coin shows a generous amount of the original skin, I think it's a 1.500 Dollar Eagle.
And as told before a 64plus coin is better than a cac coin.

 

Very pretty Indian!

 

PCGS Cert Verification shows no auction records for this one. Perhaps it hasn't ever been to CAC.

In a "perfect world," a 64+ should be worth more than a 64/CAC for the reason rzage mentioned. In the "real" world, the opposite is probably true because a higher opinion is held of CAC than PCGS - that's why CAC coins draw large premiums at auction. Green Bean coins regularly exceed "+" coin prices at auction.

 

Best way to answer that is by checking auction prices realized. Curiously, there are four 1932 $10s that sold by Heritage at the same auction on March 4. All are CAC. Two are plus, two are not. The 64+ coins sold for $1410 (NGC) and $1762 (PCGS). The 64 coins sold for $1410 (PCGS) and $1762 (PCGS).

If I look at the PCGS coin facts prices realized, which includes these four, and ignores CAC, the 5 most recent prices for a PCGS 64 range from $1200 to $1762, while the prices for a 64+ range from $1300 to $1762. There is a meaningful spread between 64 and 64+ for NGC graded coins.

So the answer to your question comes down to how the coin looks.

 

To me this is a 63+ coins, but after looking at some auction photos of other 64 $10 Inds... then I guess this coin is a 64+ in comparison to many 64 coins out there.

 

The Plus is wildly inconsistent. As messydesk points out, there is no reliable premium for a plus or not.

There is a premium for nice coins.

CACd coins sometimes have premiums because they have a reputation for being nice coins. But, even this is variable - I've seen plenty of CAC coins that I wouldn't take home with me.

In the end, it comes down to the coin itself. The Plus and the CAC are tools to help you gauge if it might be nice - but you have to judge, grade, and value each individual coin.

 

Coincidentally, I recently acquired a PCGS MS-63, CAC approved 1932 eagle. I've wanted one because it's the latest date US gold coin most of us can aspire to own.
This thread tells me I made a good deal. Thanks.

P.S. It's really pretty.

 

With regard to CAC and plus together, I remember reading from a reliable source that CAC is silent with respect to a coin's plussiness. So an MS64+ with a green sticker is at least a solid 64 in CAC's eyes.

 

Send it to cac. Nearly every plus coin I ever had had a cac sticker as well unless they had surface issues

 

How, where to?? how much does it cost per coin?..

 

Either thru a dealer I think the cost is $12.50 pass or fail or thru a collector member which is $15 if it passes no charge for a fail

 

Personally, I see no sense sending a plus coin to cac. Why is there so an Hype with this company? Sure they make a good job, but I think I am able to see a good coin in a third party holder, too.

 

I think the reason cac coins are so popular and sell for a premium is that the tpgs are inconsistent and there's a lot of crap and problem coins in holders. Basically it's a second opinion. Especially handy when buying/ selling sight unseen

 

So, it'll cost like $40 after shipping and fee? Do they (CAC) have a table set up at major shows where they can do grading on site?

 

Collector is still the same 12.50 rate for the lower tier just a lower charge or no charge for coins that don't sticker unlike dealer submissions.

They do not do show grading like the TPGs do.

 

It's for the unfortunate plurality of collectors who buy the slab and not the coin, at least at retail. Having a sticker beats the heck out of learning to identify a nice coin with your own eyes, for some people.

 

I just received an e-mail from CAC confirming this:
"We only use the numeric grade when determining whether a coin gets a sticker or not."