Why does a CAC sticker increase the value of a coin?

Why would someone pay more for a coin just because it has a sticker on it? Doesn't make sense to me.

 

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Not sure, but i had some made and put them on all my coins before i sell them.

 

I try not to get involved in these debates because I am somewhere in the middle but the way I invision it is that you take the scale of 70. Now designate a + (highest end of the grade) for each coin. Then you essentially have a scale of 140. With the higher end coins one grade can be the difference between a couple of hundred dollars. If it is a possible re-submit than it would be worth more.

 

I think with some of the "questionable" grades that have been given out to high end coins, (as well as low end) people want that extra opinion from a 4th party grader.

I say why stop there? I think every prominent dealer should have their own stickers made up and attach them to the slabs after grading them. One could go around the world and acquire them like they were collecting autographs from celebs. Some dealers might even limit themselves to 5 stickered slabs a year....making their sticker that much more sought after. By the time a slab made all the rounds, You might not even be able to see the coin....but who cares? We buy the slabs and not the coins.....right?

 

Most people buy coins online and it gives you that warm fuzzy feeling that someone else other than the third party grader agrees with the grade.

 

The truth is...many people will pay a little more for a coin with a CAC sticker on it...for the same reason many people pay a little more for a slabbed coin. When you purchase a coin in a slab, you get a coin that has been professionally evaluated by an expert. That evaluation increases the security that the coin is authentic and properly graded. That professional assessment and increase in security does have inherent value. A CAC sticker is simply another expert evaluating the coin...it's a second opinion. So, with the sticker...you get two independent professions evaluating the coin which increases the security. So, yes...there is a premium there.

 

Because people see value in there opinion!

We all need to remember coin grading is Subjective...as much as everyone would like to think its an exact science it's not! No two coins are alike and there beauty is in the eye of the beholder...meaning people like different qualities...some love color some love snow white coins..the coin collector needs to learn what they like in a coin and enjoy the coins they have bought.....and over time the higher quality coins get taken out of holders and the lower quality coins become a larger and larger part of the coin pool....and yes graders make mistakes and after 25 years of grading its only human to have low end coins in the market place. Grade flation is here and always will be...coins are not for everyone...cac is the new idea to help the uneducateded coin collectors...cac is a good idea, wish them the best, but after 25 years of cac there will be a high and low based on personal opinions of coin graders...

 

Thanks guys. Here's why I'm asking. I'm interested in a coin I found online but the price is a bit too high for me, so I offered the seller a little below his asking price. He told me the price I offered would be reasonable and even a little high if the coin didnt have a CAC on it. Personally I dont care about the sticker and dont want to pay more just for a green sticker.

 

What is the coin and the grade (and who graded it)?

 

1806 bust half eagle graded f15 by ngc

 

IMHO, that is a very high dollar coin and it is worth a little premium having the grade and authenticity confirmed (and re-confirmed). Let me ask you this, would you pay a premium for a slabbed example of that coin verses a raw example? If so, the same reasoning applies to the sticker. That said, it depends how much of a premium the seller is asking.

 

Tell him to peel the sticker off then.

You should have seen the looks I got when I bought a CAC stickered large cent from my friend's shop and I promptly used the door of their safe to crack the coin out and threw the slab in the trash. You would have thought I just knifed a baby. For some it's added value. For others it's nothing at all. Pay accordingly. I got that piece for under grey sheet by the way.
Guy

 

I look at it like buying a house. Would you have a house professionally inspected and appraised prior to buying? I would, so I know what I'm buying when it comes to high dollar items. Once I have made the purchase, who cares what I do with it...it's mine. But, just because I don't want the sticker/slab doesn't mean it has no value.

 

I've bought 'stickered' coins and haven't paid a premium. The sticker does add an edge of confidence in buying the coin on-line but I don't feel it always warrants a premium. After all, what does one pay CAC when they get their slabs evaluated? It ain't nowhere near the cost of getting a coin graded. Just a humble collectors opinion.......

 

I think the real key is onlilne. CAC makes people much more comfortable about buying sight unseen slabs, since there is a world of difference between coins of the same grade. I believe sight seen and all collectors being knowledgable a CAC sticker really would add nothing. However, since at some point in its life it may get sold online or in a mail bid sale, it gives the buyers a better comfort level, and they would probably bid accordingly.

 

Doesn't pay for the holder and never would pay for a sticker either

 

I personally don't think the sticker increases the value of the coin. BUT that does not mean for the right coin I will not pay a premium for a coin with a cac sticker. I have - and I also have paid a premium for a coin without a sticker. The coin is what attracts me and will determine if I bid(or pay) a premium.

 

I don't think it increases the value of the coin per se, but it represents a coin that has been graded by a TPG and then another unbiased third party not only agrees with the TPG grade given, but believes the coin is solid for the grade or better. So I think the real question is why would you pay as much for a non-CAC coin, when that coin may easily be in the bottom third of the grade. Many of us are buying coins on-line (sight un-seen, pics don't count) and I really don't think there are many folks who can determine thirds of a grade by pics. I'll take the green bean, thank you.

Mike