Discussion in 'Coin Chat' started by ddddd, Feb 22, 2020.
Late, but I was gonna vote yes to a green sticker on the Saint.
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CAC is a sticker service, not a grading service. It’s like taking your coin to the table of a well known dealer and getting his opinion on the coin.
For valuation basis I go by the TPG grade on the holder and price it based on where it falls in the grade range. Some CAC coins I agree with the sticker some not. CAC stickers coins they consider A or B, C no sticker.
That's my goal, too !
Rd. 1: 1921 MS 65 Green CAC Morgan--> Yes: 4 vs No: 3
Rd. 2: 1835 AU 50 Green CAC 50c--> Yes: 2 vs No: 8
Rd. 3: 1939 Oregon MS 65 Gold CAC 50c--> Yes: 10 (8 Green and 2 Gold) vs No: 0
Rd. 4: 1838 AU 58 Green CAC (Gold $5)--> Yes: 1 vs No: 5
Rd. 5: 1908 MS 63 Green CAC (Gold $20)—> Yes: 5 vs No: 1
Green CAC on coin and deserves it: 2
Green CAC on coin and doesn't deserve it: 2
Gold CAC on coin and deserves it:
Gold CAC on coin but should only be Green: 1
Gold CAC on coin but should not sticker:
Failed to sticker but deserves a sticker:
Failed to sticker and should not sticker:
Unknown sticker status and deserves a sticker:
Unknown sticker status and does not deserve a sticker:
Note: if we don’t know the status of a coin before the reveal and more people say green CAC for a gold CAC coin, then it will go in the area of “Gold CAC on coin but should only be Green” ....see round 3 as the example case
@Jayyk38 you are up
@Coinsandmedals you are up afterwards
In looking over the results where a majority said the coin would not sticker the prospective buyers will be the ones who decide if the coin is even worth buying / worth a CAC premium. The laggard coins (even though stickered)will either be discounted or linger in inventories. This material won’t attract strong offers off the bourse either. The PQ material like Rd 3 should bring strong money.
It may nice to get a sticker but does not guarantee it will sell at retail or a premium. Ultimately its the marketplace that will decide.
RD 3 1939 Oregon was a slam dunk while RD 2 1935 50c bounced off the rim in terms of getting majority yes votes.
Consequently it’s important know how look at coins CAC or not.
Personally, I don't favor a coin if it has a bean. It has to meet my criteria; usually sharp strike, eye appeal, price.
Of course you'd say green, unless you change your CT name to gold18.
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