CAC

CAC Reports Submission Statistics

Posted by John Feigenbaum at 19 February, 2010, 11:27 am - (1) Comment
Categories: CAC, Hot Topics, Stella info

The folks at CAC (Certified Acceptance Corp) have shared some information about submissions and acceptance percentages with us. CAC started their services in 2007. Coins Submitted: 144,137 Insurance Value of Coins Submitted: $ 801,093,163. Green stickers issued: 68,034 Gold stickers issued: 296 Wholesale Trading Volume: $139,000,000 Statistically, it looks like CAC is making a big impact in their first two years. From our perspective at David Lawrence Rare Coins, we know that CAC coins… Continued...

NCA Recovers Nearly $900,000 for Coin Consumers

Posted by Stella Admin at 1 July, 2009, 9:32 am - (0) Comment
Categories: CAC, News, Stella info

StellaCoinNews applauds the efforts and success of the Numismatic Consumer Alliance, a watchdog organization founded by CAC-founder, John Albanese, to protect the industry from the tactics of unsavory telemarketers and other unscrupulous dealers. FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION: John Albanese Numismatic Consumer Alliance, Inc. Bedminster, New Jersey 1-908-781-9101 A consumer watchdog organization has recovered nearly $900,000 for buyers who paid far more for coins than they were worth. The money represented full refunds… Continued...

Free Population Register Available for CAC Coins

Posted by CAC at 23 June, 2009, 3:54 pm - (1) Comment
Categories: CAC, Stella info

After months of careful preparation, the Certified Acceptance Corp. (CAC) has unveiled a Population Register on its Internet Web site giving detailed information - at no charge - on certified coins it has examined. The register encompasses all major types of federal U.S. coinage, but does not include Colonial coins or patterns. It lists the types and grades of coins - and the number of each - that CAC has… Continued...

CAC Defines a Standard for FBL Franklins

Posted by Stella Admin at 12 April, 2009, 4:17 pm - (0) Comment
Categories: CAC, DGS (Dominion Grading Service), Franklin Half Dollars * Appendices, News

Thanks to a thread on the Collectors Universe (PCGS) chat board, we've discovered a great reference page to a standard for Full Bell Franklins. DGS will use this standard as a basic for the criteria of assigning FBL Franklins. Continued...

CAC NOW ACCEPTING DEALER APPLICATIONS

Posted by CAC at 23 January, 2009, 12:31 pm - (0) Comment
Categories: CAC

January 23, 2009 Applications for membership in the Certified Acceptance Corp. (CAC) are now being accepted from full-time coin dealers, according to John Albanese, founder and president of the company. “We feel we’ve successfully completed our rapid initial growth and we’re now growing more steadily,” Albanese said. “We’ve added extra staff and we’re ready to continue our robust development.” Applications will be accepted through May 4. Applicants are subject to a review process… Continued...