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<p>[QUOTE="fish4uinmd, post: 2214955, member: 74335"]Kee...I recently did an unscientific "study" on CAC (aka "green bean") stickered coins and here's what I came up with? The prices on some are a reasonable 5-10% premium over the same coin w/o the sticker. On the other hand, some of the more common dates with the sticker, were going for outrageous "ask" prices of plus 75%. Also, as I pointed out in previous posts, John Albanese, who founded CAC, is a co-founder of PCGS...and CAC will accept only PCGS and NGC graded coins. I'm sure I will be corrected if I am wrong. CAC also has a "gold bean" which, IMHO, is fairly rare.</p><p>Here's an excerpt from Wikipedia:</p><p>As a result, CAC-stickered coins fetch premiums in the coin market, including internet auctions conducted on eBay, and traditional floor auctions held by <a href="https://en.wikipedia.org/wiki/Heritage_Auctions" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Heritage_Auctions" rel="nofollow">Heritage Auctions</a> and <a href="http://www.stacks.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.stacks.com" rel="nofollow">Stack's Bowers Galleries</a>. CAC has become an important force in the coin industry as its stickered coins are sought after by collectors looking for high quality. According to coin expert Scott Travers:</p><p><br /></p><p><i>"Certified coins with CAC stickers have commanded bonus premiums because of the generally accepted perception that they are superior to 'unstickered' coins in the same grade – and coins with gold stickers have been selling for significantly more, often several times as much as coins of the same type, date, and grade that lack a CAC sticker."</i></p><p><i>"The green CAC are bringing 5 to 15 percent more on average, and coins with gold stickers are selling for roughly 80% to 90% percent as much as those already certified in the next higher grade"</i>[/QUOTE]</p><p><br /></p>
[QUOTE="fish4uinmd, post: 2214955, member: 74335"]Kee...I recently did an unscientific "study" on CAC (aka "green bean") stickered coins and here's what I came up with? The prices on some are a reasonable 5-10% premium over the same coin w/o the sticker. On the other hand, some of the more common dates with the sticker, were going for outrageous "ask" prices of plus 75%. Also, as I pointed out in previous posts, John Albanese, who founded CAC, is a co-founder of PCGS...and CAC will accept only PCGS and NGC graded coins. I'm sure I will be corrected if I am wrong. CAC also has a "gold bean" which, IMHO, is fairly rare. Here's an excerpt from Wikipedia: As a result, CAC-stickered coins fetch premiums in the coin market, including internet auctions conducted on eBay, and traditional floor auctions held by [URL='https://en.wikipedia.org/wiki/Heritage_Auctions']Heritage Auctions[/URL] and [URL='http://www.stacks.com']Stack's Bowers Galleries[/URL]. CAC has become an important force in the coin industry as its stickered coins are sought after by collectors looking for high quality. According to coin expert Scott Travers: [I]"Certified coins with CAC stickers have commanded bonus premiums because of the generally accepted perception that they are superior to 'unstickered' coins in the same grade – and coins with gold stickers have been selling for significantly more, often several times as much as coins of the same type, date, and grade that lack a CAC sticker." "The green CAC are bringing 5 to 15 percent more on average, and coins with gold stickers are selling for roughly 80% to 90% percent as much as those already certified in the next higher grade"[/I][/QUOTE]
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