No, CAC's sticker service does not seem to be getting stricter as a consequence of their new slab service. In fact, CAC's grading criteria have always been remarkably consistent, at least for the previously rejected coins that I have resubmitted in slabs with different serial numbers. I did not buy the 41 aforementioned coins for their quality but because they are rare, underrated dates.
Curiously, four of the six NGC star coins were beaned. And a recent PCGS encapsulation garnered a gold sticker!
Some dealers would be upset by such a low approval rate but I am as happy as a vulture in a morgue because I will net a marginal $4,500 or so extra profit and I experienced the usual gambler's thrill, itself worth the modest expenses "gambled". Even such a small profit is better than any loss when you roll the CAC dice.
Comments
While many years ago I stopped buying coins without CAC stickers hoping they would sticker, I play this same game too of trying to maximize value. I do it via Reconsideration. Both methods can work successfully.
MANY collectors choose not to play that game.
Steve
Also, I did not have high hopes for the vast majority of the aforementioned 41 coins, which as noted were purchased for rarity, not quality. But the gambler in me forced me to invest the modest expenses to shoot for the beans, which netted a marginal upside this time around.
Very commendable.
Very commendable."
I have heard that, for bulk submissions of modern coins, PCGS charges a higher fee for MS70 and PR70 certifications.
Good to know. I do not send in bulk submissions of common coins, so I do not know the pricing structure. I deal only in key dates and low mintage coins. There are not too many original rolls of 1893-S Morgans out there. Then again, I used to think that about 1885 Liberty nickels but since then about 90 additional MS66 and finer examples have mysteriously appeared in the PCGS population report.