Certified Acceptance Corporation

Certified Acceptance Corporation
(CAC)
Company typePrivate
Founded2007 (2007)
FounderJohn Albanese
Headquarters
Far Hills, New Jersey
,
United States
Number of locations
1
Area served
United States
Key people
John Albanese
WebsiteCACCoin.com

Certified Acceptance Corporation (CAC) is a Far Hills, New Jersey third-party coin certification company started in 2007 by coin dealer John Albanese. The firm evaluates certain numismatically valuable U.S. coins already certified by Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS).[1][2]

Coins that CAC deems high-end for their grades receive green stickers,[3] which usually add premiums ranging from single digit percentages to 92% or more.[1][4][2][5][6] Coins that are definitely undergraded -- and would receive at least a green sticker in the next highest grade -- are bestowed gold stickers,[7] which on average increase values up to 90% or more of PCGS/NGC coins already graded the next highest grade.[1][4][2][5][6]

CAC and certain dealers buy and sell CAC-certified coins via their affiliated 180-plus-member trading network, CDN Exchange.[8][1] As of September 2015, CAC had purchased over $425 million worth of its stickered coins.[1][4][2][5][6]

CAC has evaluated over 650,000 certified coins with a value of over $2.9 billion. The company has over 400 dealer members and over 500 collector members. The firm's website maintains a free serial number verification service, which helps deter CAC sticker counterfeiting, and Population Report, which assists in determining coin rarity.[9][10][1][11]

  1. ^ a b c d e f Ferguson, Mark. "CAC Begins Eighth Year of Brand Recognition and Market Influence". coinweek.com. Coin Week. Retrieved 2015-09-24.
  2. ^ a b c d "Certified Acceptance Corp. plans fee increase". coinworld.com. Coin World. Retrieved 2015-09-12.[permanent dead link]
  3. ^ "Frequently Asked Questions". CACcoin.com. Certified Acceptance Corporation. Retrieved 5 September 2016. [Question:] 5. I noticed that CAC uses the term "premium quality" to describe coins that receive a CAC sticker. How does CAC define premium quality? [Answer:] For many years, coin dealers and advanced collectors have used the letters A, B, and C among themselves to further describe coins. C indicates low-end for the grade, B indicates solid for the grade, and A indicates high-end. CAC will only award stickers to coins in the A or B category. C coins, although accurately graded, will be returned without a CAC sticker
  4. ^ a b c Ferguson, Mark. "Comprehensive Market Study". coinweek.com. Coin Week. Retrieved 2015-09-12.
  5. ^ a b c Roach, Steve. "The value of a CAC sticker". coinworld.com. Coin World. Archived from the original on November 28, 2020. Retrieved 2015-09-12.
  6. ^ a b c Travers, Scott A. (2010). The Coin Collector’s Survival Manual (7th ed.). New York, NY: House of Collectibles. pp. 1–432. ISBN 978-0375723391.
  7. ^ "Mysterious CAC gold stickers". News: U.S. Coins. Coin World. Retrieved 5 September 2016. What kind of coin gets a CAC gold sticker? CAC founder John Albanese describes it as a coin that could 'easily green sticker at the next highest grade level.'
  8. ^ "About CDNX". cdnexchange.com. CDN Exchange. Retrieved 9 December 2017.
  9. ^ Winter, Doug. "What Can CAC Population Figures Tell". 2015-09-12.
  10. ^ "Heritage adds CAC Population Data to Rare Coin Auction Archives". coinlink.com. Coin Link. Archived from the original on 2014-02-05. Retrieved 2015-09-12.
  11. ^ "CAC". caccoin.com. CAC. Retrieved 2015-09-05.