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<p>[QUOTE="imrich, post: 2297854, member: 22331"]Some of the coins I regularly collect are mint state scarce date St. Gaudens Double Eagles. I was at a coin show last week-end where a dealer had a couple cac scarce date St. Gaudens. I looked at the NGC MS62 coins which shouldn't have graded MS61 with the severe bag marking and rub. I asked him what premium he gets with the "bean". He said a 10% premium is regularly requested and received. The premium on the each of the 2 coins was $2000. I've dealt with him for decades, and knew that he wasn't exaggerating. I told him I may be able to deliver some "bargains"</p><p><br /></p><p>I purchased another scarce undergraded date from him that I knew with proper "conservation" should realize a 2 grade advance. It will soon go to PCGS, and then to CAC with several other coins. CAC appears to be a "cash cow" for many dealers, but from my experience they generally aren't a representation of above average grade coins.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 2297854, member: 22331"]Some of the coins I regularly collect are mint state scarce date St. Gaudens Double Eagles. I was at a coin show last week-end where a dealer had a couple cac scarce date St. Gaudens. I looked at the NGC MS62 coins which shouldn't have graded MS61 with the severe bag marking and rub. I asked him what premium he gets with the "bean". He said a 10% premium is regularly requested and received. The premium on the each of the 2 coins was $2000. I've dealt with him for decades, and knew that he wasn't exaggerating. I told him I may be able to deliver some "bargains" I purchased another scarce undergraded date from him that I knew with proper "conservation" should realize a 2 grade advance. It will soon go to PCGS, and then to CAC with several other coins. CAC appears to be a "cash cow" for many dealers, but from my experience they generally aren't a representation of above average grade coins. JMHO[/QUOTE]
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