Popular Post KyleNumismatics Posted May 11, 2018 Popular Post Share Posted May 11, 2018 I don't post too often over here but thought you guys might like to see this; it's just back from CAC with a gold sticker. Just Bob, rrantique, Walkerfan and 1 other 4 Link to comment Share on other sites More sharing options...
MarkFeld Posted May 11, 2018 Share Posted May 11, 2018 I’m a fan of CAC, but curiously, why would you submit a coin in that value range? Link to comment Share on other sites More sharing options...
KyleNumismatics Posted May 11, 2018 Author Share Posted May 11, 2018 32 minutes ago, MarkFeld said: I’m a fan of CAC, but curiously, why would you submit a coin in that value range? I felt it had a strong chance of getting the gold sticker, since it looks severely undergraded in a MS-63 slab. Link to comment Share on other sites More sharing options...
Jade Collection Posted May 11, 2018 Share Posted May 11, 2018 I like it! Link to comment Share on other sites More sharing options...
WoodenJefferson Posted May 11, 2018 Share Posted May 11, 2018 ...another example of how grading standards may have change over the course of a few decades, that and this new concept of market acceptability. Link to comment Share on other sites More sharing options...
RWB Posted May 12, 2018 Share Posted May 12, 2018 It's a nice common-date WL half, but most of it's real value has been "used" in paying for a slab, postage, and a silly sticker. Link to comment Share on other sites More sharing options...
numisport Posted May 12, 2018 Share Posted May 12, 2018 Some of these early graded coins are under graded sometimes by 2 grades. I had a PCGS graded gold sticker coin that crossed to NGC a grade higher then green stickered at CAC. Boy that was a mouthful but bottom line is the coin is still worth the same...... I just blew fifty bucks or so to get it in a new holder ! What is relevant is that now the coin shows better in scratch resistant holder with the proper grade on the label. Link to comment Share on other sites More sharing options...
MAULEMALL Posted May 12, 2018 Share Posted May 12, 2018 and what exactly does the gold sticker mean Link to comment Share on other sites More sharing options...
MarkFeld Posted May 12, 2018 Share Posted May 12, 2018 3 minutes ago, MAULEMALL said: and what exactly does the gold sticker mean It means that in the opinion of CAC, the coin deserves a minimum of at least one grade higher. Link to comment Share on other sites More sharing options...
JIM F. Posted May 12, 2018 Share Posted May 12, 2018 (edited) Nice walker. Here is my old pcgs holder gold CAC coin. Edited May 12, 2018 by jimbucks Added info Curry 1 Link to comment Share on other sites More sharing options...
MAULEMALL Posted May 13, 2018 Share Posted May 13, 2018 21 hours ago, MarkFeld said: It means that in the opinion of CAC, the coin deserves a minimum of at least one grade higher. That's just a slap in the face huh... Thanks for the info.. Man if I had that Roanoke in that Rattler I could see a REAL Premium but for some reason a 63 for the walker gets what kind of Bump??? Link to comment Share on other sites More sharing options...
MarkFeld Posted May 13, 2018 Share Posted May 13, 2018 (edited) 16 minutes ago, MAULEMALL said: That's just a slap in the face huh... Thanks for the info.. Man if I had that Roanoke in that Rattler I could see a REAL Premium but for some reason a 63 for the walker gets what kind of Bump??? I don’t think there would be much of a premium for the gold-stickered Walking Liberty half, as even an MS65 doesn’t sell for a lot more than an MS63. That’s why I asked the OP why he submitted a coin in in that value range. The same could be said about the lack of a large value spread for the Roanoke, as well, however. A gold CAC sticker adds far more “value” in cases where coins of the next grade (or two) higher sell for significantly higher prices. Edited May 13, 2018 by MarkFeld Link to comment Share on other sites More sharing options...
JIM F. Posted May 13, 2018 Share Posted May 13, 2018 1 hour ago, MarkFeld said: I don’t think there would be much of a premium for the gold-stickered Walking Liberty half, as even an MS65 doesn’t sell for a lot more than an MS63. That’s why I asked the OP why he submitted a coin in in that value range. The same could be said about the lack of a large value spread for the Roanoke, as well, however. A gold CAC sticker adds far more “value” in cases where coins of the next grade (or two) higher sell for significantly higher prices. I tend to agree with Mark, however some collectors would pay a premium (perhaps small) for the gold CAC since it in itself is scarce and a bit of a novelty. In my case of the Roanoke a previous seller(s) absorbed the grading fees so I didn't mind paying a small premium over 65 money for it. Link to comment Share on other sites More sharing options...
Walkerfan Posted May 14, 2018 Share Posted May 14, 2018 Nice Walker! The gold looks good on that old fatty. Link to comment Share on other sites More sharing options...
mumu Posted May 15, 2018 Share Posted May 15, 2018 On 5/12/2018 at 6:28 PM, jimbucks said: Nice walker. Here is my old pcgs holder gold CAC coin. Photographed through PVC pipe? Link to comment Share on other sites More sharing options...
Raisethis2 Posted May 15, 2018 Share Posted May 15, 2018 It is generally understood that a gold sticker means the coin is "at least" one full grade higher than the grade on the label. Accordingly, the value of the coin should increase to the new grade (as a new starting point) with actual sales results varying higher from there. There are people paying huge premiums just for the fact that the coin got a gold sticker. Additionally, I too have sent JA an MS 63 Walker that I felt was seriously undergraded. Mine came back green beaned but as a Collector submitting there is no fee if the coin fails to get a bean so the Collectors expense is reduced to basically mailing costs. Link to comment Share on other sites More sharing options...
LINCOLNMAN Posted May 16, 2018 Share Posted May 16, 2018 I've sent in a common coin that did not make economic sense, purely for educational purposes. As part of a submitted group the cost is about the same as a mixed drink at my local watering hole, and a better value. Link to comment Share on other sites More sharing options...
JIM F. Posted May 19, 2018 Share Posted May 19, 2018 On 5/14/2018 at 10:11 PM, mumu said: Photographed through PVC pipe? Is this better? Link to comment Share on other sites More sharing options...
mumu Posted May 19, 2018 Share Posted May 19, 2018 1 hour ago, jimbucks said: Is this better? Is this a trick question? Link to comment Share on other sites More sharing options...
Joydeep Posted May 20, 2018 Share Posted May 20, 2018 (edited) 6 hours ago, jimbucks said: Is this better? 4 hours ago, mumu said: Is this a trick question? Is this an example of sarcasm Ping-Pong? Edited May 20, 2018 by joydeep Link to comment Share on other sites More sharing options...
physics-fan3.14 Posted July 27, 2018 Share Posted July 27, 2018 While I agree that it is a nice Walker, I must admit I too am confused as to why you sent it to CAC. A 63 is worth $45, and even a 66 is only $160. You'd have to jump up to a 67 to have a meaningful appreciation. Link to comment Share on other sites More sharing options...
rrantique Posted August 1, 2018 Share Posted August 1, 2018 (edited) Here is my gold walker. Edited August 2, 2018 by rrantique Walkerfan 1 Link to comment Share on other sites More sharing options...
