- 12/06/2019
- Warren Mills
- Winter of 2019
CAC Collection Review
Over the years we have sold many coins to customers. We have always tried to sell top quality for the grade. I’ve been trying to have our numismatists contact older clients to have their coins sent to CAC. The increased desirability and future liquidity alone are big reasons to do it, but also the immediate price increase in value makes it a winner.
I recently reviewed a collection of coins we sold to an older client. My recommendation was to re-submit four coins for re-grading and 19 coins to CAC. The results are listed below;
| Coins sent to PCGS |
Current Grade |
Result |
| 1835 Bust Dime |
MS-65 |
stayed the same |
| 1880 Seated Dime |
MS-66 |
MS-67 |
| 1873 Seated Half, No Arrows |
PR-65 |
PR-66 |
| *1870 Seated Dollar |
MS-64 |
MS-65 |
| *This coin increased in value by $30,000-$40,000 |
|
|
| Coins sent to CAC |
Current Grade |
Result |
| 1867 Seated Dime, beautiful color |
MS-67 |
Gold CAC |
| 1862 Seated Quarter |
PR-66 |
Gold CAC |
| 1879 Trade Dollar |
PR-65 |
Gold CAC |
Out of the nineteen coins sent to CAC, 18 received a sticker and the three coins above received a gold sticker.
The collection these coins came from was a premier quality collection. My recommendation to all of our clients is to have your coins reviewed for CAC or re-grade. If not, you could be leaving tens of thousands of dollars on the table. Why put that money in a dealer’s hands? Most dealers will buy your coins and send them to CAC for themselves. Don’t be a fool, do it yourself. If you bought the coins from us or another dealer, I will be happy to review them for you at no charge. This client's collection increased in value close to $100,000!
Partner and owner of Rare Coins of New Hampshire, Inc. since June, 1990 and a full time coin dealer since 1979. Warren is a full member of the Professional Numismatists Guild and a life member of the American Numismatic Association. He was selected by the Rosen Numismatic Advisory as one of the ten leading numismatists in the country for twelve consecutive years. He was selected by PCGS and written up in their newsletter as handling and submitting some of the nicest coins they have ever seen.
Partner and owner of Rare Coins of New Hampshire, Inc. since June, 1990 and a full time coin dealer since 1979. Warren is a full member of the Professional Numismatists Guild and a life member of the American Numismatic Association. He was selected by the Rosen Numismatic Advisory as one of the ten leading numismatists in the country for twelve consecutive years. He was selected by PCGS and written up in their newsletter as handling and submitting some of the nicest coins they have ever seen.