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Longstrider's Blog

06 Mar 2015

1881-S CAC Would You??

Coins | Longstrider

So, here are some photos of a new coin I won from an online auction. It's a beautifully toned, in my opinion, MS 65 1881-S Morgan Dollar. It also happens to have a CAC sticker. The "Green Bean". My question to everyone is: "Would you pay more money for this coin, or any other, just because it has a CAC sticker?"

In this case I did not. I loved this coin and bid on it without regard to the CAC bean.
Before everyone says it wouldn't matter, I have tracked many coins that are as identical as can be, same grade, same grading company, same eye appeal, same everything except the CAC Sticker. The CAC'ed coin goes for more money nearly every time. Sometimes a lot of more money!
So what is your opinion.? Is CAC worth more money?? Be honest. That company isn't making money for nothing....

Comments

Coinfox441

Level 4

That is super neat! thx for sharing.

user_5225

Level 5

I wouldn't they are more expensive.

Ian Fenn

Level 5

As a foreign coin collector, both senses, encapsulation seems bizarre. I have been tempted to try it out...but the coins in the main part of my collection are often misattributed or misdescribed by the encapsulation companies. They just don't have the experience needed to be trusted( and I am talking about the big three). I have some interesting slabs....... I even asked NGC if they would correct one...never received a reply..... so in answer to you question an encapsulated coin would not effect my buying...I buy the coin not the slab

Fugio1787

Level 4

The CAC designation is irrelvant to me. It seems that it adds another unecessary layer. But these CAC coins carry a higher price. The important thing here, though, is you got a very attractive coin that you appreciate. It is, in the end, a hobby.

Isaiah1801

Level 4

I don't really care about the sticker, but really I don't think it adds much

Kepi

Level 6

I don't look for a coin with a CAC sticker, as I believe they go for a higher price... just because of that green sticker. However, if a coin really catches my eye and happens to be CAC'ed , I would add it to my collection : )

user_6683

Level 4

Sometimes I think they put that on them just to get a little more out of our pockets. Because many coins I look at they want way too much for compared to the same one I bought for have the price.

cool!

CMCC

Level 5

No, I wouldn't pay more. I'm not even sure exactly what CAC is. I thought it was just signifying it authenticity.

CMCC

Level 5

This extra comment is to get you over 8,000 points!

BossX

Level 5

Love the toning!

BossX

Level 5

No. All the cac sticker does is it signifies a quality coin. But really it is up to you.

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