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CAC will offer free services at Coinfest

Collectors attending a Connecticut coin show will be able to get their certified coins evaluated and stickered at no charge by the Certified Acceptance Corp. (CAC).

The company will provide the free service at the second annual Coinfest on Nov. 8 at the Hilton Stamford in Stamford, Conn. The show is a three-day event, from Nov. 7-9, but CAC’s special offer is available on just the middle day.

Showgoers will be allowed to submit up to 20 coins apiece for review by CAC grading evaluators, and CAC stickers will be affixed when this is deemed appropriate.

CAC experts examine coins previously certified by either the Professional Coin Grading Service or the Numismatic Guaranty Corporation of America. CAC then affixes a distinctive green sticker to the holder of each coin which, in its judgment, is at minimum “solid for the grade.” Each sticker incorporates a tamper-resistant hologram.

CAC offered similar free evaluation at the inaugural Coinfest last year and examined about 800 coins, according to John Albanese, founder and president of the New Jersey-based company.

“This program is intended to familiarize collectors with the services we offer and, in the process, to generate enthusiasm and help boost attendance at the show,” Albanese said.
Coinfest’s co-founders, Jon Lerner and Laura Sperber, said CAC’s participation has been a major plus for the show.

Lerner said 150 dealers have reserved tables at the show and an attendance of about 5,000 is anticipated.

Sperber noted that a collector submitting 20 coins for evaluation would realize savings of several hundred dollars – the normal cost for processing that many coins.

“This,” she added, “is also a good opportunity for collectors to become better acquainted with CAC, since under normal circumstances, submissions are not made directly by collectors but rather through a network of member dealers.”

New Jersey-based CAC, which began operations late last year, has more than 150 dealer members, Albanese said. Members are authorized to serve as CAC Submission Centers, accepting coins submitted for the firm’s evaluation.

Further information about the company is available at its Web site, www.caccoin.com.

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