Certified Acceptance Corp. will no longer accept Colonial coinage for
“stickering” as of Jan. 1, 2015.
A Dec. 10 Twitter post from CAC indicated the company “will remain
an active buyer of CAC Colonial coins.”
“They are just so different. We’ve been doing this for eight years
and the colonial community hasn’t really embraced us,” said John
Albanese, founder of CAC.
CAC verifies previously graded coins and awards its green sticker to
those possessing quality within the grade.
Albanese is also the co-founder of Professional Coin Grading Service
and founder of Numismatic Guaranty Corp.
“Essentially for something like the last three years I’ve been
saying we’re going to pull the trigger [to stop stickering colonial
coins],” Albanese said.
He said he is comfortable with the Colonial coins his company has
stickered but their striking makes it difficult to have a standard
“Colonials, the way they are struck they are just too crude [for an
overall standard],” Albanese said. “There are so many vagaries in the
minting process I cannot get a consensus on what should be stickered
and what shouldn’t.”