What Does CAC Certification Mean for Rare Coins?
Certified Acceptance Corporation is a corporation that began in 2007 under coin dealer John Albanese. The company’s purpose is to assess specific U.S. coins certified by NGC or PCGS. Specific numismatically valuable coins are granted with this certification to extend an additional confidence level in the authenticity and quality of collectors’ coins. For rare coins, the certification may indicate an increased market value.
The value of a coin is based on its relative rarity, as well as market demand and condition. If a coin contains a certification sticker, this adds to its value, as it gives collectors the understanding that the particular grade of coin met exceptionally high standards. A certification sticker can add nearly 90% to a coin’s overall value.
For coins that are already rare, this certification increases the value of these coins. The certification signifies that the given coin completely meets the grade that it was given. There are different levels of certification distinctions, and the level received affects the coin’s investment potential. For more on what CAC certification entails for rare coins, continue reading.
Why CAC Certification Is Important
For rare coins, CAC certification is essential. This is because they provide the highest standards that can be granted to certified coins. A coin with a green or gold sticker holds an additional value that influences the coin’s overall worth.
How Coins Are Classified
Keep in mind that there are distinctions between green and gold CAC stickers. A green sticker indicates that the coin is high-end for its grade. The gold reflects that the given coin is considered to be worth the grade given, though not as much as a green-stickered coin.
Preserved And Authentic Coins
The certification indicates that the authenticity of the coin conditions is preserved. CAC does not sticker coins that have been cleaned, scratched, or otherwise altered. This means the coin is even rarer, adding to its overall market value.
Rankings Of High To Low Grades
You can also view these rankings as high, medium, and low-grade coins. For investors and numismatics, sighting ranked coins indicates that your rare coins may be even rarer than previously thought. This may inform future investment decisions and financial decisions for wealth security down the road. Although CAC is a third-party corporation, it is well-regarded and influential in rare collector’s coins’ rarity and value rankings.
Coin Rarity Influences Total Market Value
A sticker does not automatically mean that a coin is of immense value. Every coin has its rarity, and the certification may boost that rarity by only one point if it’s gold. Different coins automatically hold more value than others, so do not fall for scams that make you believe you should overpay because of the distinction.
What This Means For Rare Coins Today
Do your research to consider the coin’s value before adding the CAC certification on top of it. If you have a desirable rare coin with a certification distinction, you’re likely working with an investment with a greater market value than previously thought.
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