How do I send a coin in for CAC consideration?

Thanks!

Northern Nevada Coin has soooo many amazing coins!

Sadly most of them are WAY beyond my budget.

I was practically drooling When I saw they had a $50 Gold Humbert which contains a full 2.5 oz of gold. O_O

 

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I would definitely prefer the CAC.

I’d be fine paying $75 to send it in since I feel I have like an 85% chance of getting it.

 

Yup! I actually have my eye out for a 1795 Flowing Hair Dollar in F-12 to VF-20 grade.

Sadly Northern Nevada Coin only has a 1794 Flowing Hair Dollar and it's PCGS VF Details (Damaged) and even then it's still $86,000. O_O Yes you read that right. $86,000.

I'm also keeping my eye out for a decent Trade Dollar and Seated Liberty Dollar.

Then I'm going to work on the tiny gold $1 coins xD.

 

I want to apologize up front for not reading all of the responses. Dinner is ready... For years I have piggybacked all my submissions with my dealer buddy. It helps us both to keep costs down. Yes, a dealer will absolutely submit for you.

 

OK.... You got your thing and I got mine..... There is no “over and out”.... It’s either “over” or it is “out”.... They are mutually exclusive.... And I know that because I was framed in the back with a rifle clearing tool by my sergeant when he heard me do that on a radio transmission. And I NEVER forgot!!

 

That is a bucket list coin to be certain. I have only seen three in person in all my years. Be aware that one will require very deep pockets.

 

Yeah the 1794 one is for sure. Less than 2,000 were minted.

But the 1795 FHD had a much higher mintage so fortunately the prices aren’t too unreasonable. More than 150,000 were minted.

An F-12 1795 can be had for $4000 whereas an F-12 1794 retails at $135,000 if problem free.

These are Red Book prices.

 

i dont waste money or time doing all this if my coins are great to me and already been graded i am sticking with that i have not sold any of my coins in the last 50 years so its a waste to me only my opinion

 

In our local auctions, coins with grade/slabbed always sell at a premium.

 

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Roger Dodger you old codger!

 

I think they should sell for a premium

A coin that has been slabbed has been verified for authenticity as well as graded with a guarantee to back it up.

Whereas a raw coin is basically just “buyer beware” with no guarantees of anything.

A dealer selling a raw coin could easily claim a coin is in AU condition when it’s really in XF condition and a beginner would have no clue they are being ripped off.

Whereas with a graded coin a buyer can search around for other similarly graded coins of the exact same type to make sure they get a fair deal.

All in all with the benefits grading provides and the cost of the grading it’s definitely worth a premium over raw coins.

 

Dealers are permitted to send in coins for clients, but an individual who has a CAC membership (such as myself) is NOT permitted to send in coins for anyone but themselves.

 

I like coins with green beans and have sent in a couple of submissions. The first one I think 15/20 got green beans. I didn't do nearly as well with my second submission, however. I got submission privileges a long time ago.

 

I think.. Is the key phrase.. Big Difference between I think and I know

 

You're right I just had a 1961 franklin proof in a rattler with cac. Only pr64. I put it up for 99.99 and it sold without anyone trying to get me down. I saw another nice coin sell at 4 times its value while I was looking at it. It was a nicely toned seated liberty dime in a rattler with gold cac. Some people will overpay because that sticker is on it.

 

I've seen people get down grades and not get compensated

 

Slabs and stickers make people feel good. It's nice to have the opinion of several experts on a coin. We all know that buying from images can be risky. Knowing that experts got to see the coin in person is a good thing.