CAC coin Premium

Discussion in 'US Coins Forum' started by Derek2200, Dec 5, 2021.

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What is the most premium you would pay (or paid) for a CAC Coin?

Poll closed Dec 26, 2021.
  1. None

    26 vote(s)
    60.5%
  2. 5 pct

    4 vote(s)
    9.3%
  3. 10 pct

    3 vote(s)
    7.0%
  4. 25 pct

    6 vote(s)
    14.0%
  5. 50 pct

    0 vote(s)
    0.0%
  6. 100 pct or more

    4 vote(s)
    9.3%
  1. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    I think the premiums go higher as you go up in grade or are already in condition rarity for a particular type.

    To the extent that the CAC sticker also creates an additional "condition rarity" it can also be a self-fulfilling circular thing.

    Also, JA tends to be "tougher" on certain coins -- gold coins in general, Saints in particular -- than rare types where there aren't hundreds or thousands of coins to choose from.
     
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  3. St Gaudens collector

    St Gaudens collector Active Member

    Far too many CAC saints appear to be technical grade "C" with a luster bump.
    His opinion doesn't really help me find coins I like.
    Several years ago, I sent him some of my saints & he didn't like them either.
    I think "tougher" is relative.
     
    GoldFinger1969 and Jack D. Young like this.
  4. baseball21

    baseball21 Well-Known Member

    Picky is probably a better word but yea its hard to get stickers on gold coins especially high end ones. CAC isn't any easier on rare types either theres plenty of those with minuscule sticker rates
     
    GoldFinger1969 likes this.
  5. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    Plus, it's a big coin with big fields relative to many other coins aside from Morgans.

    A Mercury Dime has less chance of showing marks than a Saint or Morgan.
     
  6. baseball21

    baseball21 Well-Known Member

    The problem with most Saints is the friction. Gold is softer too which makes it more prone to things happening with a heavy coin. A lot of gold in general has been processed in the past too
     
    GoldFinger1969 likes this.
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