Certified Acceptance Corporation
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Certified Acceptance Corporation
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). Coins that CAC deems high-end for their grades receive green stickers, which usually add premiums ranging from single digit percentages to 92% or more. Coins that are definitely undergraded -- and would receive at least a green sticker in the next highest grade -- are bestowed gold stickers, which on average increase values up to 90% or more of PCGS/NGC coins already graded the next highest grade. CAC and certain dealers buy and sell CAC-certified coins via their affiliated 180-plus-member trading network, CDN Exchange. As of September 2015, CAC had purchased over $425 million worth of its stickered coins. CAC has evaluated over 650,000 certified coins with a value ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the fifth-smallest state in land area; but with close to 9.3 million residents, it ranks 11th in population and first in population density. The state capital is Trenton, and the most populous city is Newark. With the exception of Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Philadelphia. New Jersey was first inhabited by Native Americans for at least 2,800 years, with the Lenape being the dominant group when Europeans arrived in the early 17th century. Dutch and Swedish colonists founded the first European settlements in the state. The British later seized control o ...
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Third-party Grading
Third Party Grading (TPG) refers to coin grading & banknote grading, grading of stamps, cards, comic books, etc., authentication, attribution, and encapsulation by independent certification services. These services will, for a tiered fee, "slab" an item. Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Independent Coin Graders (ICG), and ANACS are the most popular and credible services. Together they have certified over 80 million coins. All four firms guarantee the grades and authenticity of their certified coins. Certified Acceptance Corporation (CAC) is a coin certification service which certifies—and makes a market in—certain high-end coins already certified by PCGS or NGC. History Modern third-party coin grading service is presently defined by the tamper-resistant plastic "slab," which encapsulates both the item and its certification. Before the slab, there was no way to permanently tie the certificate to the actual item being certifie ...
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Numismatic Guaranty Corporation
Numismatic Guaranty Company (NGC) is an international third-party coin grading and certification service based in Sarasota, Florida. It has certified more than 50 million coins. NGC certification consists of authentication, grading, attribution, and encapsulation in clear plastic holders. NGC is a subsidiary of Certified Collectibles Group (CCG), which owns six collectible certification services and is in turn owned by Blackstone, a multibillion dollar New York City hedge fund. History NGC was founded in 1987 in Parsippany, N.J. as one of the first independent third-party coin grading companies. In 1995, NGC was named the official grading service of the ANA, though this is purely for marketing purposes as the ANA does not encapsulate coins in its collection, and those that are encapsulated are a mix of donated coins by different services including rivals such as PCGS. NGC commenced operations at its new location in Sarasota, Florida in 2002. That same year, NGC was named the ...
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Professional Coin Grading Service
Professional Coin Grading Service (PCGS) is an American third-party coin grading, authentication, attribution, and encapsulation service founded in 1985. The intent of its seven founding dealers, including the firm's former president David Hall, was to standardize grading.Laibstain, Harry. ''Investing, collecting & trading in certified commemoratives: an in-depth analysis of gold & silver issues 1892-1954''. DLRC Press, 1995, p. 1-134. The firm has divisions in Europe and Asia, and is owned by parent company Collectors Universe. PCGS has graded over 42.5 million coins, medals, and tokens valued at over $36 billion. History PCGS was founded in 1985 by seven dealers, including the firm's former president, David Hall. The founders' intent was to establish definitive grading standards, backed by a guarantee of grading accuracy. PCGS began operations on February 3, 1986. The firm has since started grading foreign coins and established divisions in Europe and Asia, and was purchased by ...
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The Coin Collector’s Survival Manual
''The Coin Collector's Survival Manual'' is a coin collecting and investing reference book authored by Scott A. Travers that was first published by Arco, a Prentice-Hall imprint, in July 1984 simultaneously in hardcover and paper editions. Its then 22-year-old author bluntly detailed the coin industry's perils and pitfalls in buying, selling and storing valuable coins based on his experiences as a dealer. The book has since been updated and published in multiple editions. In 1988, when its second edition was published by Prentice Hall Trade, a division of Simon & Schuster, it was considered an important part of the coin literature. The third (1994); revised third (1996); fourth (2000); and revised fourth (2003) editions were published by Bonus Books of Chicago. Beginning with the fifth edition, ''The Coin Collector's Survival Manual'' incorporated another book authored by Scott A. Travers, ''How to Make Money in Coins Right Now'', and the combination work was published in 2006 by ...
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Sheldon Scale
The Sheldon Coin Grading Scale is a 70-point coin grading scale used in the numismatic assessment of a coin's quality. The American Numismatic Association based its ''Official ANA Grading Standards'' in large part on the Sheldon scale. The scale was created by William Herbert Sheldon. Original Sheldon Scale (1949) In 1949, the original scale was first presented in "Dr. William H. Sheldon's Early American Cents" titled "A Quantitative Scale for condition" as a way to grade Large cents. The scale is known today as the Sheldon scale. Adapted scale (1970s–present) By 1953 the original Sheldon scale had become outdated. It was not until the 1970s, however, that the ANA chose to adapt the scale for use on all US coins. The scale used today is a modification of the original Sheldon scale, with added adjustments, additions, deletions, and modifications to it. ''Note'': Some early American coin varieties are almost always found to be weakly struck in places. This does not bring t ...
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Heritage Auctions
Heritage Auctions is an American multi-national auction house based in Dallas, Texas. Founded in 1976, Heritage is an auctioneer of numismatic collections, comics, fine art, books, luxury accessories, real estate, and memorabilia from film, music, history, and sports. History In 1982, Heritage Auctions became an equal partnership between two collectors, Steve Ivy and Jim Halperin. In 1967, Ivy dropped out of the University of Texas at Austin to form Steve Ivy Rare Coin Co. in Dallas, Texas. In 1971, Halperin founded New England Rare Coin Galleries while still a freshman at Harvard University and would also later drop out of school. It was Ivy who first formed Heritage Auctions in Dallas in 1976 from his earlier, smaller business. The two often met at industry trade shows and auctions. In 1982, Halperin sold his Boston-based business and moved to Dallas to join Ivy. With him, he brought Marc Emory, a partner who heads what is now part of Heritage's European operations. Greg R ...
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Scott A
Scott may refer to: Places Canada * Scott, Quebec, municipality in the Nouvelle-Beauce regional municipality in Quebec * Scott, Saskatchewan, a town in the Rural Municipality of Tramping Lake No. 380 * Rural Municipality of Scott No. 98, Saskatchewan United States * Scott, Arkansas * Scott, Georgia * Scott, Indiana * Scott, Louisiana * Scott, Missouri * Scott, New York * Scott, Ohio * Scott, Wisconsin (other) (several places) * Fort Scott, Kansas * Great Scott Township, St. Louis County, Minnesota * Scott Air Force Base, Illinois * Scott City, Kansas * Scott City, Missouri * Scott County (other) (various states) * Scott Mountain, a mountain in Oregon * Scott River, in California * Scott Township (other) (several places) Elsewhere * 876 Scott, minor planet orbiting the Sun * Scott (crater), a lunar impact crater near the south pole of the Moon *Scott Conservation Park, a protected area in South Australia People * Scott (surname), including a l ...
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