Every dealer, collector and investor knows the routine: Get your coin graded by the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Company (NGC), and then send it to the Certified Acceptance Corporation (CAC) for a green sticker to verify that it’s solidly graded.
Now consumers have another option. CAC is becoming a full-fledged encapsulation service by also offering authentication and grading services, making it a one-stop shop.
GRADING THE COIN GRADING SERVICES
Since 2008, CAC has been evaluating coins and verifying them by placing holographic stickers on the holder or “slab” of each coin. It does this for coins that merit the grade they have been given by the authentication services.
Coins are rated or graded on a scale of one through 70, where one refers to a coin so well worn that it’s barely identifiable, and 70 represents a coin so flawless that the only imperfections visible can be seen under a five-power magnifying glass.
These oval stickers, which incorporate tamper-evident holograms, distinguish higher-quality coins from those which CAC believes are low-end or even over-graded.
CAC makes a market in these solidly graded coins and maintains a public access registry with the serial numbers of all coins it has verified.
The total value of coins submitted since CAC’s founding in 2008 is a breathtaking $7,121,537,442. CAC has evaluated 1,542,597 coins with an average value of $4,600 per coin.
STREAMLINING THE PROCESS
Esta historia es de la edición February - March 2023 de COINage Magazine.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February - March 2023 de COINage Magazine.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
13 Kenny Duncan Sr.
NUMISMATIST OF THE CENTURY
1935 Bank of Canada $500 English Text Boosts Heritage's World Paper Money Auction to Nearly $2M
Currency from Canada showed its might in the Heritage’s World Paper Money Signature Auction held earlier this year.
Central States Numismatic Society Honors Dennis Tucker
Publisher/author receives 2024 Q. David Bowers Award
GOLDEN OPPORTUNITIES FOR THE HOBBYIST
JOINING THE NATIONAL COIN CLUB AND WATCHING GOLD
Dwight N. Manley
NUMISMATIST OF THE CENTURY
Len Augsburger
IN CHARGE OF DIGITIZING EVERYTHING NUMISMATIC
New Photo Guide to Grading Morgan Silver Dollars
SECRETS OF THE CAC GRADING SYSTEM
British Rarities Are Shining Star
AUCTION FEATURES PEH COLLECTION HIGHLIGHTS
Coin Learning for Fun & Profit
ARE SUMMER SEMINARS THE FUTURE?
Canadian Coins Are Pretty COOL Eh?
Oh, Canada... The land of ice hockey, poutine, and Tim Horton's coffee has produced scores of beautiful coins that make collectors flip their toques.