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

    Summary

    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?!!!

    [​IMG]
    [​IMG]
     
  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

    Green.......
     
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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!

    [​IMG]
     
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