To C.A.C., or not to C.A.C. this coin?
Moderator: Daniel
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Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
- CertifiedG
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To C.A.C., or not to C.A.C. this coin?
I have thought about sending some of my PCGS slabbed coins into C.A.C. most specifically my 1875-S quarter eagle. I think it looks great for a XF45 (when compared to the available AU slabbed examples). Would you send this in for the green bean, or have C.A.C. reslab it, or just keep it as is?
- Paul
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- Earle42
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Re: To C.A.C., or not to C.A.C. this coin?
It depends on what you enjoy in the hobby. If you have fun with slabs and stickers, that is the way you enjoy the hobby.
But the facts behind the current grading systems and stickers make me say don't waste the money if its not just for aesthetics or selling for higher profits.
The facts are a coin cracked out and resubmitted to the same grading company is never guaranteed the same grade again b/c the companies use absolutely no verifiable scientific standard. Only opinion is used and, as the resubmission game proves, grades are variables and not a solid constant like we would wish them to be.
CAC does the same thing - nothing verifiable is used...they just use their own opinion.
Hypothetical, but very possible scenario:
You send a PCGS slabbed MS64 Morgan to CAC. They Green Bean it.
Later someone buys the coin from you, cracks it out, and resubmits it thinking (right or wrong) they can get a higher grade. But this time the coin is graded an MS63 or maybe a higher grade at MS65.
So what was the CAC all about then? Well...it cost money, and it looks nice!
And since most people do not understand what the systems are all about will pay more for a "beaned" slab (normally unaware there is nothing verifiable and absolute to the grade or the slab)!
Examples: It is not hard to find these kind of things.
If you really want to see how deep this can go, and want to see the actual level of expertise behind this kind of thing, then read the essay in my signature.
But the facts behind the current grading systems and stickers make me say don't waste the money if its not just for aesthetics or selling for higher profits.
The facts are a coin cracked out and resubmitted to the same grading company is never guaranteed the same grade again b/c the companies use absolutely no verifiable scientific standard. Only opinion is used and, as the resubmission game proves, grades are variables and not a solid constant like we would wish them to be.
CAC does the same thing - nothing verifiable is used...they just use their own opinion.
Hypothetical, but very possible scenario:
You send a PCGS slabbed MS64 Morgan to CAC. They Green Bean it.
Later someone buys the coin from you, cracks it out, and resubmits it thinking (right or wrong) they can get a higher grade. But this time the coin is graded an MS63 or maybe a higher grade at MS65.
So what was the CAC all about then? Well...it cost money, and it looks nice!
And since most people do not understand what the systems are all about will pay more for a "beaned" slab (normally unaware there is nothing verifiable and absolute to the grade or the slab)!
Examples: It is not hard to find these kind of things.
If you really want to see how deep this can go, and want to see the actual level of expertise behind this kind of thing, then read the essay in my signature.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
- Daniel
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Re: To C.A.C., or not to C.A.C. this coin?
Can't answer that, you should ask the CAC dealer since that is the only way you can send it to CAC and they can see your coin in hand.
- CertifiedG
- Coining Around
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Re: To C.A.C., or not to C.A.C. this coin?
What does "beaned" slabbed mean? Is that when the coin is incased in plastic?
Thx.
Thx.
- Paul
- Master Die Variety Examiner
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- Location: Wisconsin
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Re: To C.A.C., or not to C.A.C. this coin?
The small green sticker they put on the slab is referred to as a "Bean"
- Earle42
- Administrator
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Re: To C.A.C., or not to C.A.C. this coin?
...b/c the CAC sticker is is green and oval shaped:
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
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