CAC announcement that they will be a grading service 2023

by Scarsdale Coin | Oct 17, 2022 | History, Coin Appraisals, Numismatics, Resources, Announcements

CAC announcement that they will be a grading service…

This news is not really new as the chatter in the background has been going around for the past year or so….

Officially here is part of the announcement…

There have been many rumors swirling about the possibility of CAC becoming a traditional grading service and I believe it is time to address them. Technically speaking, the transaction has not been completed yet. However, I am extremely confident that the transaction will close by the end of 2022. If everything goes according to plan, we anticipate a “soft opening“ in the first quarter of 2023. The new company, CAC Grading, will have the same logo and will be located in a 29,000 square ft. facility in Virginia Beach.

At Scarsdale Coin, we have always believed in JA and his ethics, drive, and contributions to the coin business and to collectors in general. While there are still many questions that folks have been asking us about the service, we look forward to the new service and embrace what certainly will be a new chapter in the coin industry.

Jon Lerner

Jon Lerner, Scarsdale Coin president, is a recognized expert in the numismatist field. Jon has spent over 30 years collecting and evaluating coins. He is often sought out by fellow coin collectors for his advice and knowledge of rare coins.

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Jon Lerner, a renowned figure in numismatics, discovered his passion for rare coins in his Scarsdale, New York upbringing. With a keen eye for quality, he founded Scarsdale Coin in 1985, quickly establishing it as a premier destination for collectors. Beyond dealing, Jon is a respected speaker and prolific writer, sharing his expertise with enthusiasts worldwide. His commitment to integrity and professionalism has earned him admiration throughout the numismatic community. Jon remains dedicated to enriching collectors' experiences and preserving the legacy of rare coins for future generations.