Estimate: 2.000.000 CHFTHE FIRST 100 ESCUDOS EVER STRUCK.
Spain.
Philip III,
100 Escudos 1609,
Segovia.
Unique.
314
Estimate: 100.000 CHFTHE FINEST PORTRAIT OF CLEOPATRA.
Roman Republic.
Cleopatra VII and Mark Antony,
Tetradrachm 36 BC,
Antioch on the Orontes.
152
Estimate: 300.000 CHFRoman Empire.
Augustus,
Aureus circa 27 BC-15 CE,
Pergamon (?).
153
Estimate: 500.000 CHFMexico.
Philip V,
8 Escudos 1729/7,
Mexico.
NGC MS65 (Top pop).
300
Estimate: 500.000 CHFTHE FIRST GOLD SOVEREIGN IN HISTORY.
Great Britain.
Henry VII,
Gold Sovereign,
type I, Cross Fitchee, n. d. (1492),
Tower mint.
231
Estimate: 100.000 CHFIslamic World.
Temp. 'Abd al-Malik b. Marwan,
Solidus
AH 72-74.
184
Estimate: 70.000 CHFItaly, Ferrara.
Alfonso I d'Este,
2 Ducats n. d.,
Ferrara.
289
Estimate: 200.000 CHFTauric Chersonese.
Pantikapaion,
Gold Stater
circa 380-370 BC.
72
Estimate: 3.000 CHFSarawak.
Charles Anthony Johnson Brooke,
50 Cents 1906,
Birmingham (Heaton).
NGC SP66 (Highest grade).
1166
Estimate: 1.000 CHFUSA.
50 Cents 1795,
Philadelphia.
1420
Archive: People and Markets

CAC Grading Service Begins Full Operations

CAC was previously known mainly for the evaluation of high-grade coins already certified by other grading services with their well-known green stickers. After a test phase, CAC has now fully launched as its own grading service. Nearly 50,000 coins were certified since June 2023.

John Albanese, CAC Grading Founder, and a CAC-graded 1883-S $1.

John Albanese, CAC Grading Founder, and a CAC-graded 1883-S $1.

Officials of CAC Grading, LLC say their “soft launch” of rare coin authentication, grading, and certification operations that began in mid-June went well and full operations begun Monday, October 2, 2023.

“We started a low-key launch to make sure everything from logistics to hardware and holders, and personnel were all in proper sync, and a few adjustments were successfully made where needed. We’ve certified nearly 50,000 coins in that time and will now begin accepting submissions from all existing CAC collectors and dealers,” said CAC Grading Founder John Albanese.

“We already have about 3,000 members, and the acceptance of CAC-graded coins in the marketplace during the soft launch has been quite positive. Dealers are telling me about brisk sales and the coins bringing premium prices. We were also recently informed by eBay that CAC-certified coins can now be listed for sale on that platform,” he added.

Albanese and two dozen veteran numismatists founded Certified Acceptance Corporation (CAC) in 2007 to provide buyers and sellers verification that their coins certified by third-party grading services met stringent standards. Coins that met their standards received a green CAC sticker on the encapsulation holders.

“Out of all the coins submitted to CAC over the years, less than half received the honorable CAC sticker. As a result, the CAC sticker serves as an unmistakable means of identifying premium coins for the grade,” stated Albanese who recently was named one of the “Numismatists of the Century” by COINage magazine.

In 2022, Albanese organized over 150 leading members of the numismatic community to expand their mission for accuracy and consistency by creating a new third-party grading and encapsulation service, CAC Grading.

“Our commitment is to apply the same stringent standards with an unparalleled level of expertise to every submitted coin,” he emphasized.

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