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Does CAC hurt prices of non stickered coins?
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<p>[QUOTE="Morgandude11, post: 1506024, member: 37839"]Okay, there is my contribution to this endless debate. Since the past week has had non-stop trashing of CAC, I decided to go out and find a nicely priced, really attractive Morgan Dollar that was a "CAC piece of dreck." It was not a very big challenge, as there were many coins that were not priced out of the stratosphere, by virtue of being CAC. Now, the PCGS price guide on this coin was $185.00, which is around the going rate for it in MS 65. Given that this was toned, a nice specimen, and CAC endorsed, it cost me $190.00. I'd hardly call that a back-breaking premium, given the fact that it is a clean 65 and has a nice tone. So, thanks for debating this one, as it prompted me to find a coin that was not overpriced with a CAC designation for my collection! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p>[ATTACH]193896.vB[/ATTACH][ATTACH]193897.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 1506024, member: 37839"]Okay, there is my contribution to this endless debate. Since the past week has had non-stop trashing of CAC, I decided to go out and find a nicely priced, really attractive Morgan Dollar that was a "CAC piece of dreck." It was not a very big challenge, as there were many coins that were not priced out of the stratosphere, by virtue of being CAC. Now, the PCGS price guide on this coin was $185.00, which is around the going rate for it in MS 65. Given that this was toned, a nice specimen, and CAC endorsed, it cost me $190.00. I'd hardly call that a back-breaking premium, given the fact that it is a clean 65 and has a nice tone. So, thanks for debating this one, as it prompted me to find a coin that was not overpriced with a CAC designation for my collection! :) [ATTACH]193896.vB[/ATTACH][ATTACH]193897.vB[/ATTACH][/QUOTE]
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