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What is CAC Actually Saying with the Award of a Bean?
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<p>[QUOTE="Publius2, post: 4775219, member: 105571"]An editorial in the August, 2020 CDN Publishing "The CAC Rare Coin Market Review" discusses the increase in value of CAC coins and what appears to be the de-valuation of equivalent grade non-CAC coins. He gives an example of a type coin MS-65 SLQ in both CAC and non-CAC valuations over time and says that in October 2018 they had the same wholesale value but now, the non-CAC coin has dropped 16% while the CAC coin increased 17%. Just one coin and thus not dispositive. The author, John Feigenbaum, states that his firm is starting a project to track 250 to 300 coins to measure their performance over the last few years to "better demonstrate this metric".</p><p><br /></p><p>Anecdotally, I have noted much the same trend over the last couple of years but I certainly have not collected data to support any conclusion.</p><p><br /></p><p>Of course, Mr. Feigenbaum is writing for an audience that pays to subscribe to a publication that specifically addresses CAC coins so it would not be unreasonable to suspect a biased viewpoint.</p><p><br /></p><p>Now, back to my original question, restated differently: Has anyone ever seen a AU-62 (or 61 or 63) coin with a CAC sticker?[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 4775219, member: 105571"]An editorial in the August, 2020 CDN Publishing "The CAC Rare Coin Market Review" discusses the increase in value of CAC coins and what appears to be the de-valuation of equivalent grade non-CAC coins. He gives an example of a type coin MS-65 SLQ in both CAC and non-CAC valuations over time and says that in October 2018 they had the same wholesale value but now, the non-CAC coin has dropped 16% while the CAC coin increased 17%. Just one coin and thus not dispositive. The author, John Feigenbaum, states that his firm is starting a project to track 250 to 300 coins to measure their performance over the last few years to "better demonstrate this metric". Anecdotally, I have noted much the same trend over the last couple of years but I certainly have not collected data to support any conclusion. Of course, Mr. Feigenbaum is writing for an audience that pays to subscribe to a publication that specifically addresses CAC coins so it would not be unreasonable to suspect a biased viewpoint. Now, back to my original question, restated differently: Has anyone ever seen a AU-62 (or 61 or 63) coin with a CAC sticker?[/QUOTE]
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