Ep.8 - CAC Submission DOs & DON'Ts with Gil Comito

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Keywords

CAC, coin grading, numismatics, coin collecting, gold CAC, coin value, originality, coin market, submission failures, coin investment, PCGS, NGC

Summary

In this episode of the Cabbage Coins podcast, host Tony Gryckiewicz welcomes back guest Gil Comito to discuss the Certified Acceptance Corporation (CAC) and its significance in the coin collecting community. They delve into the grading process, the importance of originality, and the value of CAC stickers. The conversation also covers the challenges of submitting coins for grading, the impact of CAC's new grading service, and the nuances of the coin market. Throughout the episode, they share personal experiences with successful and failed submissions, emphasizing the importance of eye appeal and quality in coin collecting.

Takeaways

CAC provides an additional layer of grading for coins.
Gold CAC stickers indicate a coin's potential for upgrade.
Coins can vary significantly in quality even within the same grade.
Originality is crucial for value in the coin market.
The market for CAC coins has seen significant growth recently.
Not all high-quality coins receive CAC stickers.
Collectors should not solely focus on CAC stickers when building their collections.
The new CAC grading service is still finding its place in the market.
Coins with stickers tend to hold their value better.
Personal stories of submission successes and failures highlight the complexities of coin grading.

Chapters

00:00 Introduction to the Cabbage Coins Podcast
01:37 Understanding CAC and Its Philosophy
03:28 Grading Coins: The A, B, C System
05:03 Gold CAC: Premium Coins and Market Trends
07:16 Showcasing Successful CAC Submissions
09:07 The Importance of Originality in Coins
14:31 The 1916 D Dime: A Personal Story
18:05 The Value of CAC Stickers in Collecting
23:49 Failures in CAC Submissions: Lessons Learned
29:50 Understanding Coin Grading and Quality
36:39 The Impact of CAC Grading on Coin Value
41:18 Evaluating Coin Holders and Security
47:58 Reconsideration Process for CAC Stickers
54:01 Balancing CAC Stickers with Personal Enjoyment

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Ep.8 - CAC Submission DOs & DON'Ts with Gil Comito
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