Does CAC keep a record of coins that don’t pass?

Discussion in 'US Coins Forum' started by DMPL_dingo, Jan 23, 2021.

  1. DMPL_dingo

    DMPL_dingo Well-Known Member

    I have a few coins that didn’t pass on first submission. I’d like to submit again them for reconsideration when I submit my next batch, but that may be pointless if they check the cert number and see it’s already been rejected.

    Does anybody know if they keep a record of rejected coins’ cert numbers?
    Beefer518 likes this.
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  3. Beefer518

    Beefer518 Well-Known Member

    I have no idea (never CAC'd anything), but I'd also like to know if they keep a record of coins they have stickered, and if that is accessible by mere mortals such as us. It would help verify the validity of a coin that has a CAC sticker that may be questionable (I'm thinking of a specific Morgan from another thread that has a misspelled word on the label).
  4. DMPL_dingo

    DMPL_dingo Well-Known Member

    Yes they do keep a record of coins that have passed. You can look up here
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  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

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  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I'm going to guess that they don't keep a record (it would have to be a photographic record, right ?) of coins that didn't make the cut.

    They have such high standards they probably figure if you want to re-submit and pay the fees again, do so. If the coin didn't make it on the 1st try, unless they (JA) made a big mistake the 1st try, it's not going to make it on the 2nd.

    If it did, problem corrected, and they made more $$$. :D
  7. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Yes, they keep a record of coins that do not pass.

    No, you do not have access to that record (for obvious reasons).

    You can find the census of coins which did pass at the link shared above.
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I brain-farted, forgot all the identifying info on the slab, so of course they can keep a record that way. Only if you changed holders would they not have a record of the coin.

    Thanks, PF.
  9. charley

    charley Well-Known Member

    call cac and review the piece with them. they are very accommodating. maybe save the effort and expense, if the review answers your questions. if you are going to crack it out, and then submit all over again to a tpg and then try cac again, i would want to do so after a review. i would have a bit more information at the very least, gto make that decision, which is never a bad thing.

    sure, cac makes errors, but they correct them when it is brought to their attention.
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  10. ddddd

    ddddd Member

    Yes they keep a record of the ones that don't pass (fairly easy to do using the cert number). Occasionally coins that failed will receive a sticker in a future attempt but that is not common.
    DMPL_dingo and GoldFinger1969 like this.
  11. mark943

    mark943 Member

    Yes, they do. I know because I had just bought a 1909-s v.d.b. MS65 rb from Blanchard and knew that the founder of CAC worked for them as well. I had also recently purchased an 1877 1c ms-65 rb from APMEX and mentioned it to the helpful sales guy who handled my 1909-s vdb purchase.He asked me to take a picture of the 1877 holder and told me he would get back to me. He did via e-mail the next day. He told me my 1877 had indeed been submitted and *sob* rejected for a CAC bean.
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  12. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    And this is why they don't usually tell you if a coin had been rejected.

    "Rejected" by CAC is treated as a death knell for a coin. Rejected does not mean that it has problems, rejected does not mean it is improperly graded. A rejected coin very well be absolutely pristine, original, and attractive. It just means that its on the lower end for the grade - a 65 coin which is worth a 65 price.

    If buyers knew a coin was rejected by CAC, there's a very high chance that buyers would also reject the coin and it would trade at a discount, without any good reason.
  13. mark943

    mark943 Member

    That's how I saw it as well. Is a PCGS graded coin and the grade was simply a fair one.
  14. eddiespin

    eddiespin Fast Eddie

    Then when a coin fails and you let some time pass and resubmit it they'll catch it in their failed database?
  15. ddddd

    ddddd Member

    They look at it again but I'm fairly sure they check their database (some coins sticker on a future attempt but it is not common).
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  16. eddiespin

    eddiespin Fast Eddie

    Thanks, didn't know that.
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