Wordsmyth

Thanks for the input, I'll start regularly checking the PCGS Facts page also. The coin was a MS66 1917-S Type 1 SLQ w/FH . Not particularly scarce population wise, though this one had minimal toning. As I noted above, I determined through research that CAC and PCGS both stated $4500 as the current market value. Dealer wanted 1750 over that, $6250. When I asked for the reasoning he said because it has a CAC sticker. Not much else to say. Did more comparison shopping , found same coin and serial number listed with different Ebay dealer, at $7250 !! These guys want us to be their winning lottery number. My post here was towards finding clarification on what was a typical/reasonable premium value of the CAC endorsement and the rationale behind it. Answer seems to be whatever the dealer wants it to be, along with hoping for a less informed or less cost sensitive buyer.

Sounds like we are pretty much birds of a feather then. The dealer dropped the price 750$ actually, but still wanted 1000$ more than current list on PCGS and CAC. If you are willing, could you message me with the dealers you are comfortable with ? I'd be appreciative, integrity should be rewarded....

Thanks, this makes the hobby a fair bit more challenging than I remember if from before, and not in a good way. There will always be sharks hoping to find whales to feed on, but this seems almost conspiracy like...

Thanks for your kindness in responding, the CAC "surcharge" wrinkle is still new to me. I'm not really interested in purchasing a specific "brand of plastic" that much although the population reports and price guides are helpful, meaning both NGC and PCGS. I'm flexible with paying above current market 10-15 % if the coin is strong for the grade and appealing to the eye. I do a lot of research; using comparison shopping, and recently realized auction prices to try to be as informed as possible. To answer your question, yes, the CAC website also showed $4500 being the value for the coin same as PCGS. (Type 1 1917-S SLQ MS-66FH ) So your observation that dealers want retail++ appears to be borne out in this instance, disheartening as it is. Speaking of research I'll throw another question to you. While researching prices, I discovered this very same PCGS coin w/same serial number is currently listed on a different dealers site on EBay for $7250 (APMEX) Is it common practice to sell a coin another dealer has listed and try to make the extra green on the coin, in this case $1000? Aside from being ethically questionable, doesn't this also seem like it's "cooking the books" by making artificially jacked up prices seem even more justified? Or is this just part of how the game works these days Thanks again... and yes, caveat emptor.

Returning collector here from a 20 year hiatus, so needing some seasoned insight. My apologies in advance if this has been discussed elsewhere.... Was trying to negotiate a price on a PCGS MS66 SLQ, and the dealer stated that the reason they were charging above the MS66+ price was because of the green sticker. My understanding is that the green sticker (bean) is acknowledgement by a second party that PCGS had graded the coin correctly and that it was solid for the grade. The PCGS list value of the coin was $4500, the ask price was $6250, which eventually they dropped down to $5500. I stopped talking when they insisted because the coin had a CAC sticker a higher premium was warranted. How is it that a 16$ submission fee to CAC translates into a 1000$ gain for the dealer? I seriously doubt that if I go to sell the coin with the CAC sticker I would get anywhere close to that $1000 back... Enlighten me please.....

Generally speaking, isn't toning really just another name for tarnished? From what I've observed it seems many dealers want to sell less attractive coins by extolling the dirt to be some form of unique attractiveness. I'm OK with people liking the colors if that suits there fancy, but as a collector of "shining" silver, not grayed or iridescent, I'm finding far fewer instances with full original mint luster being available, than I am those with some form of discoloration on them. Talking about US coins dated 1930 and earlier... I know lesser mintage numbers factor in as well, but still....