CAC Worthy?

Discussion in 'US Coins Forum' started by NewbietoCoins, Jan 23, 2020.

  1. NewbietoCoins

    NewbietoCoins Well-Known Member

    I am trying to get as much input as possible. I have this posted in another forum and so far have received good feedback. I figured I would ask here too because I have received nothing but great feedback here.

    I am considering having coins sent to CAC and I am curious, as difficult as it can be from pictures, what people's thoughts are on these.

    1) 1909-S VDB PCGS MS62BN

    2) 1914-D PCGS XF45 35148286_Extralarge.jpg

    3) 1916-D PCGS G4 37914734_Extralarge.jpg

    I also have a 1909-S and 1931-S that I may consider but these 3 are the main ones since they are keys.

    I have looked at some CACed 1916-D coins that are G4, and it may be bias, but my coin is nicer than most of the CAC G4 I have seen.
    Paul M. and alurid like this.
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  3. Treashunt

    Treashunt The Other Frank

    yes, yes, and possibly.
    on the '16 D there are some distracting marks, and CAC may or may not like it
  4. furham

    furham Good Ole Boy

    You've already got an expert opinion why ask for another?
    Penna_Boy, spirityoda and micbraun like this.
  5. NewbietoCoins

    NewbietoCoins Well-Known Member

    I have opinions from another forum. I am asking on this forum because there are members here who may have different advice/input. With the cost of submission and shipping, I want to make the most informed decision. I do not want to waste money.
  6. TheFinn

    TheFinn Well-Known Member

    Is it necessary. These are not rare or ultra-valuable coins.
    NewbietoCoins likes this.
  7. micbraun

    micbraun coindiccted

    As a US type set collector, I usually don’t even look at low MS coins. If I wanted a 9-S VDB, a CAC sticker on an MS62 could draw my attention as a potential buyer. I don’t see the point in submitting a G4 coin to CAC, but I guess collectors actively searching for a ‘16-D may have a different opinion :)
    Paul M. and NewbietoCoins like this.
  8. Collecting Nut

    Collecting Nut Borderline Hoarder

    The two cents, more than likely. The dime, no. Ask yourself why do you want a CAC sticker? Is it worth the cost if they say no. This forum, the other forum and anyone else you ask can give their honest opinion but thst doesn't make us right.
    Penna_Boy and NewbietoCoins like this.
  9. NewbietoCoins

    NewbietoCoins Well-Known Member

    I mean, they are not rare or ultra-valuable to some but they are ultra-valuable to me. My idea of a valuable coin is going to differ from yours. I'm sure others would agree as the majority of collectors do not have the money to purchase a 1909-S VDB, 1914-D or a 1916-D. But I appreciate the knock down.
  10. kSigSteve

    kSigSteve Active Member

    Agree here. The definition of rare and ultra valuable will mean much different to collectors of different financial restraints. To say these 3 coins are not rare nor valuable is a definite knock down. If they were passed down from a family member than any amount of money couldn’t pry them from my hands. Also when considering supply and demand each of these is rare and also valuable. A Lincoln set and a Mercury set cannot be completed without these coins. How many albums and folders have a hole here because these much desired coins cannot be obtained? The market dictates these as rare and valuable so the opinion of @TheFinn is just that (an opinion). The value in these keys that the market has dictated and likely grown in value is fact. That cannot be argued.

    Back to if these should be CACed or not. I think it makes cents, pun intended, to get both the first two identified as solid for the grade. For the dime I don’t think you really want a green bean on a coin that low identifying it as solid for the grade. Unless it was certain to obtain a gold bean meaning it’s under graded would make it worthwhile and even then I don’t think it’s value would make it worth the additional cost.

    Good luck. Great coins you got there.
    Paul M., robec and NewbietoCoins like this.
  11. robec

    robec Junior Member

    If you are submitting as a CAC member and not a dealer there is no charge for coins that don't receive the bean.
    Paul M. and NewbietoCoins like this.
  12. imrich

    imrich Supporter! Supporter

    I agree that the cents may CAC, and with your observation that your coin could generally have better appearance than some CACed 1916-D G-4 coins. I however was surprised that the coin received a grade from a firm that is believed to have trashed a coin in litigation because of its "no scratch" grading policy. I suspect that the Obverse device scratches may limit possibilities.

    Paul M. and NewbietoCoins like this.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    At least that's a help.
    NewbietoCoins likes this.
  14. BuffaloHunter

    BuffaloHunter Short of a full herd Supporter

    In my opinion, and not to take away from the other two, the only one that would bean would be the first cent.
    imrich and NewbietoCoins like this.
  15. Santinidollar

    Santinidollar Supporter! Supporter

    No.1 would bean, in my view. No. 2, maybe. I’m not sure about g grades, though I’ve seen CAC stickers on low grades. Doesn’t cost a fortune to find out.
    Paul M. and NewbietoCoins like this.
  16. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I don't think that I would send any to CAC if it was me, nd to guess as to which would. True views are sometimes a glorified view of the coin and not an actual interpretation used by all. The photographer, is it still Phil over there? at PCGS, wants to show you it's finest side, as per his job.

    If I had a 2/3 guess I would say the 14D and the 16D both these show a better state of originality.

    Just my 2 cents.
    Last edited: Jan 23, 2020
    Collecting Nut likes this.
  17. TheFinn

    TheFinn Well-Known Member

    Not a "knock down", just an observation. Getting green beans on them isn't going to make them more valuable. If they were in rare slabs, like black NGC slabs or even Doilies, that might make a difference.
    NewbietoCoins likes this.
  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    Personally I wouldn't CAC them either. When I buy a slabbed coin I buy the coin not the slab. I could care less about a green bean sticker.
    Paul M. likes this.
  19. Mainebill

    Mainebill Wild Bill

    I think the 09 would bean. Maybe the 14-d. The merc is too banged up and I don’t think it would. I had a coin graded poor 1 cac before so they will grade low graded coins
    Paul M. and Pickin and Grinin like this.
  20. Mainebill

    Mainebill Wild Bill

    A cac sticker does add value and make a coin more liquid
  21. kSigSteve

    kSigSteve Active Member

    Calling the coins not rare nor valuable is a knock down and is the type of attitude that could drive a fellow collector out of the hobby. We are all on the same team or should be at least.

    The OP never asked if a CAC sticker would make them more valuable. He actually didn’t even ask if they were even valuable to begin with.

    Securing a CAC sticker on them simply means they are solid for the grade which can potentially result in a stronger price from a buyer (experienced or not). Also to my knowledge CAC will buy back any coins they sticker so essentially they are creating a buy back market because of the confidence in their opinion.

    Lastly I think a rare slab is going to generate a premium simply due to the rare slab. CAC or not having nothing to do with it. That comment is funny to me because we always say “buy the coin and not the slab.” Getting a CAC sticker on a slab because a slab is rare is comical in of itself.
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