CAC Verification Boosts Coin Grades, Increases Market Value
Discovery

CAC Verification Boosts Coin Grades, Increases Market Value

Verdict:Takeaway: CAC influence on some PCGS/NGC coins can signal buying opportunity; ensure the quality certification for desired prices.
Summary

Collectors on an online forum are discussing the new CAC Coin Grading (CACG) service, citing examples of its coins commanding higher prices and sharing negative experiences with PCGS customer service as reasons for their interest.

A discussion about the new grading service CAC Coin Grading (CACG) has intensified on an online forum, sparked by a collector's post asking which coin authentication service they should use.

The user who started the thread mentioned they had not submitted coins for some time and were surprised to find NGC's fees were the highest, contrary to their impression that PCGS had historically been more expensive. The post prompted other collectors to share their own experiences and opinions on CACG.

CACG Pricing Examples: An AU50 Outselling a higher graded coin

One poster commented that CACG is a good option for those looking to maximize a coin's value, offering two specific examples of price differences.

The first example was a 1926-D Lincoln Cent in MS64 RB, where an NGC-graded coin was $550, compared to a CACG-graded coin of the same grade at $675 (a $125 difference).

The second example is even more interesting.For a coin, a PCGS-graded coin was reported at $640, whereas a CACG-graded AU50 was $675 ($35 higher). This user pointed out that the CACG coin was more expensive despite its lower grade, and offered their personal opinion that "if you have the funds, CACG is a better investment."

However, another poster expressed a more cautious view, stating, "I'll buy a coin in a CAC slab, but I won't pay more for it than for a coin of the same grade from another service."

Collectors Welcome CACG's Strict Grading as a 'Harsh Truth'

A poster with experience submitting coins to CACG voiced appreciation for its grading standards and slab (holder) design.

According to this user, CACG's grading is "very tough," but they do not see this as a negative. On the contrary, they welcome this approach because they are seeking the "harsh truth." They added that they also like the design of the slab.

Collectors Switching Services, Citing Poor Customer Service at PCGS

The growing interest in CACG appears to be fueled in part by dissatisfaction with established major grading services. In particular, several users posted about negative experiences with PCGS customer service.

One user reported that their last two submissions to PCGS were "a disaster." They explained that when they submitted a coin with a planchet flaw, they were not informed of the option to pay an additional fee to have it designated as a "Mint Error." Instead, the coin was unilaterally given a "details grade."

When they later requested a correction, they were reportedly told that the only way was to resubmit the coin and pay the full fees again.

This user also stated that they were denied the use of a grading voucher on their account because of the specific fee tier under which they had submitted. Echoing this sentiment, another user commented that they had a "similar experience" and revealed they did not renew their membership. They concluded by saying they would like to try CACG's grading at some point.

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