To CAC or not to CAC - official game thread

Discussion in 'Coin Chat' started by ddddd, Feb 22, 2020.

  1. longshot

    longshot Enthusiast Supporter

    Late, but I was gonna vote yes to a green sticker on the Saint.
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  3. Derek2200

    Derek2200 Active Member

    On the 1838 half eagle. I grade it AU55 no bean. It does not have the luster / eye appeal I expect for an AU58.

    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.
    Last edited: Feb 27, 2020
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  4. GoldFinger1969

    GoldFinger1969 Well-Known Member

    That's my goal, too ! :D
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  5. ddddd

    ddddd Member


    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
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  6. ddddd

    ddddd Member

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  7. Jayyk38

    Jayyk38 Member

    Randy that's sweet! JA does not give out beanies very much for Saints so that one must be pretty special!
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  8. Jayyk38

    Jayyk38 Member

    Ok so heres one I grabbed a few weeks ago. It's just the run of the mill 1885cc graded by NGC ms63PL... what do you think, beenie or no?!!!

  9. ddddd

    ddddd Member

    It’s hard to judge the mirrors from photos, but the grade appears correct. The reverse is clean; while the obverse has plenty of contact marks, it’s in line with what I’d expect from a 63. It’s no slam dunk, but I would say YES for a Green CAC.
  10. wxcoin

    wxcoin Getting no respect for 64 years

    I will say no to a green bean; too many deep marks on the face.
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  11. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    This Morgan is one I would have a problem with. The fullness of the strike sucks me right in. I say yes to a green bean
  12. Derek2200

    Derek2200 Active Member

    I would say 85cc Dollar slightly a B coin yes to sticker. It appears wellstruck with nice luster.
    Last edited: Feb 27, 2020
  13. Coinsandmedals

    Coinsandmedals Well-Known Member

    I am in no way a “Morgan” kind of guy, but that coin seems pretty average for the grade. I would say it gets a green bean.
  14. Derek2200

    Derek2200 Active Member

    Thanks for the summary!

    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.
    Last edited: Feb 27, 2020
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  15. wxcoin

    wxcoin Getting no respect for 64 years

    Personally, I don't favor a coin if it has a bean. It has to meet my criteria; usually sharp strike, eye appeal, price.
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  16. Mainebill

    Mainebill Wild Bill

    I think the Morgan a green bean. Typical baggy 63 with good luster and eye appeal
  17. longshot

    longshot Enthusiast Supporter

    I'd like it better without a couple of those deeper marks on the cheek. But I'll guess it nabbed a green bean.
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  18. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

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  19. wxcoin

    wxcoin Getting no respect for 64 years

    Of course you'd say green, unless you change your CT name to gold18.
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  20. messydesk

    messydesk Well-Known Member

    I don't see why the Morgan wouldn't have a bean, so I say yes.
  21. Jayyk38

    Jayyk38 Member

    Ok I'll keep it moving along. Here she is and wearing a nice green beenie!

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