Let us talk a bit about CAC Coins and what to expect?

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  • Let us talk a bit about CAC Coins and what to expect?   by bear on 22 May, 2011 21:48
  • On an overall bases, I have found that CAC  coins, appear to look nicer then

    the average non CAC Coins. Now, having said that, I must add that I have seen many

    CAC coins that make me wonder what CAC was thinking that day. Other coins fail to get

    the green bean that are so top quality it makes one wonder. Thus, even with CAC coins, one

    must be very selective and not rely on a green bean to do your thinking for you. Now, If the coin

    meets your own strict standards and you really like the coin, for the grade, then the green

     bean is a definite  plus at sale time. All grading is subject to a variance in grade and CAC

    is no different.When you are spending your hard earned money, demand nothing but the finest

    quality for the grade of coin you wish to purchase. If a coin is a just made it, weak and average coin,

    it will never be any better when it is time to sell or trade it in for another coin. Be smart, be selective

    and do your own evaluation. Never depend on the slab grade, star, green bean or plus grade. While these

    things may indicate the possibility of a quality coin, it is never an absolute sure thing.
  • Reply #1   by coinsarefun on 22 May, 2011 21:58
  •  Yes, on the whole if it has a green bean  it is a properly graded or PQ coin
    But only your eyes and knowledge can decide if they have made the right decision.

    I actually have a few that I have been meaning to send in, but haven't yet.
  • Reply #2   by walmann on 22 May, 2011 22:22
  • There are , and mostly likely will be for sometime, many great coins without the bean on them. Many collectors that hold great coins purely for their pleasure do not feel the need to spend funds for validating a coin again. And then there are many lower tier dealers that also will not utilize CAC, so the lack of the sticker should never take a coin out of consideration.
  • Reply #3   by bear on 23 May, 2011 16:53
  • What you say is very true, however, I am still hoping and praying that some day

    I get the magic GOLDEN BEAN. I am sure, that is what Jack had when he grew the

    giant beanstalk and found the goose that laid golden eggs, as well as the magic singing harp.
  • Reply #4   by AnkurJ on 24 May, 2011 22:43
  • I have gotten almost my entire collection CAC'd. I have gotten three gold stickers out of them. What I like is talking to John afterwards and learning from him. Its amazing what you see when he points it out that you did not notice at first. It gives you an appreciation of what true quality is. The other thing the CAC sticker says, is that John will buy the coin at fair market value at any time. I think that says a lot. The fact that you technically will always have a buyer for a coin with a CAC sticker.
  • Reply #5   by coinsarefun on 24 May, 2011 23:20
  • I have gotten almost my entire collection CAC'd. I have gotten three gold stickers out of them. What I like is talking to John afterwards and learning from him. Its amazing what you see when he points it out that you did not notice at first. It gives you an appreciation of what true quality is. The other thing the CAC sticker says, is that John will buy the coin at fair market value at any time. I think that says a lot. The fact that you technically will always have a buyer for a coin with a CAC sticker.



    I was not aware of that.......I do like that in case I need to sell.
  • Reply #6   by bear on 25 May, 2011 12:04
  • I have to say, when a coin truly deserves it, a CAC sticker is of true value at sale time.

    However, you must determine if the CAC is truly deserved. Human beings do in fact

    make mistakes, even CAC.

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