Q. About this sticker 1 1

[Mel_in_PNW]

Hi,

Just bought this silver eagle. I know it's not MS70, I couldn't get near those for less than $200-$400, but it's still a good MS69.

What's the deal with the "MAC" sticker? Do those even mean anything???

Thank You,

Mel

[Coinbuf]

The answer will depend on who you ask, in my opinion that sticker is worthless, not even worth the price of the material to print the sticker.   There may be some that will attach some value to it.

[Mohawk]

On 1/8/2022 at 1:22 PM, Coinbuf said:

The answer will depend on who you ask, in my opinion that sticker is worthless, not even worth the price of the material to print the sticker.   There may be some that will attach some value to it.

I'm with Coinbuf on all counts here.  There may be some who attach a value to that sticker, but I'm not one of them.  But, to be fair, I hate all of the stickers.  Even CAC.  Thankfully, CAC doesn't sticker World coins, so they don't impact my collecting in any way.  

[Lem E]

I refer to this as the “almost” sticker. The GE on the end of MAC stands for grade enhancement I believe if I remember correctly. They will put stickers on like “4 full steps” on a nickel or “PL” or “DMPL” on coins that don’t actually have that attribution on the TPG label, and then charge a substantial premium. CAC stickers are one thing and will bring a premium, but these MAC stickers, IMO are a whole different box of frogs, and don’t mean a whole lot for the markups you will pay. Like I said, this is my opinion only, and others may feel different about it. Here is an article from coinworld on these stickers. https://www.coinworld.com/news/precious-metals/florida-firm-stickering-certified-coins-with-grade-enhancements.html

Edited January 8, 2022 by Lem E

[Just Bob]

On 1/8/2022 at 12:11 PM, Mel_in_PNW said:

 

What's the deal with the "MAC" sticker? Do those even mean anything???

 

 

They mean something to the guys who own the company, but not to the coin collecting public. Designating coins as "90 percent Full Bands," "4 Full Steps," and other such nonsense is just a way to take money from unknowing buyers. 

[Mel_in_PNW]

Thanks for the info!

I wasn't paying a lot of attention to the sticker when I bought it, just the fact it was slabbed and graded. I paid 60 for it, if anyone cares. I figured: 40 for the bullion + 20 (more like 35) for the grading. So I did okay.

Whether it will appreciate I don't know.

Anybody have any experience with late model coins graded below 70?

[RWB]

It means that the holder will withstand a scoop of MAC & Cheese, and not leak.

[asdfgh]

I peal them off any coin I get that has one. Use a little goo gone to get the crud off.

I just dont like the look for my collection and like was said it means nothing.

[Woods020]

I hope you didn’t pay the crazy eBay prices this insufficiently_thoughtful_person behind MAC is scamming people out of. It makes me mad every time I see his nonsense on eBay. 

[asdfgh]

I never buy from MAC. Sometimes other people are selling a coin at the right price and it just happens to have a sticker on it. I dont know how they came by it. I have been collecting for a long time and always looking for bargain prices for the grade.

[Coinbuf]

I remember reading either here or ATS that the MAC sticker guy was part of the now defunct Accugrade ACG grading firm.  I do not know if that information is truly factual or mere speculation or gossip.   However if true it would explain much about the sticker.

[GBrad]

On 1/9/2022 at 9:29 PM, Coinbuf said:

the MAC sticker guy was part of the now defunct Accugrade ACG grading firm.

I think this pretty much says it all regardless if it is gossip or speculation Coinbuf.... As I have learned here on this wonderful NGC forum of experts, BUY the COIN..... NOT the STICKER!!!!  Just MHO.

[J P M]

I used to have stickers on my Hot-Rod in the 70's but it didn't make it worth more money or go any faster.

[Mel_in_PNW]

Again, thanks for the info! I pulled the sticker off.

>Whether it will appreciate I don't know.

>>>Anybody have any experience with late model coins graded below 70?

Thanks again.

[Conder101]

On 1/9/2022 at 9:29 PM, Coinbuf said:

I remember reading either here or ATS that the MAC sticker guy was part of the now defunct Accugrade ACG grading firm.  I do not know if that information is truly factual or mere speculation or gossip.

I don't know if he is the owner of the company, but he is involved with it.

[Coinbuf]

On 1/10/2022 at 9:38 AM, Mel_in_PNW said:

Again, thanks for the info! I pulled the sticker off.

>Whether it will appreciate I don't know.

>>>Anybody have any experience with late model coins graded below 70?

Thanks again.

I would not expect much in the way of value appreciation for the coin as a collectable, far too many were minted, saved, and graded for these to ever be rare.   But if silver values were to rise and find a new higher equilibrium then your coin would be valued higher.    The old saying : "a rising tide lifts all boats"; your boat needs the rising tide to give it a lift.

[Mel_in_PNW]

Thanks Coinbuf for the info.

[RWB]

On 1/12/2022 at 3:28 PM, Coinbuf said:

Anybody have any experience with late model coins graded below 70?

Gas, diesel or electric? Do you mean street-legal or something else?

[James Zyskowski]

I’m still laughing at 4 of 5 steps. It’s like saying “it’s a Le Mans , it almost a GTO “. Those are known as “pompous stickers”. I think you did just fine on the ase. Sometimes it’s just wise to be able to understand a little compromise and grab a 69. Should I tell the story of the 70 that spotted after slabbing and how much value was lost 😢 ? No.  Ok but I sure learned to appreciate a good 69 😉

[Coinbuf]

On 1/14/2022 at 10:28 AM, RWB said:

Gas, diesel or electric? Do you mean street-legal or something else?

You did the quote wrong, I did not write "Anybody have any experience with late model coins graded below 70?".   The op wrote that.

Edited January 14, 2022 by Coinbuf