1881-S CAC Would You??
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....
Who gives a coin. CAC sticker pwcoyle47
That is super neat! thx for sharing.
I wouldn't they are more expensive.
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
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.
I don't really care about the sticker, but really I don't think it adds much
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 : )
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.
Quarter quiz dude
No, I wouldn't pay more. I'm not even sure exactly what CAC is. I thought it was just signifying it authenticity.
I have the same question as CMCc above. Exactly what is CAC? pwcoyle47
This extra comment is to get you over 8,000 points!
Love the toning!
No. All the cac sticker does is it signifies a quality coin. But really it is up to you.