By CoinWeek News Staff….
The Certified Acceptance Corporation, also known as CAC, has notified collectors that beginning January 1, 2015, it will no longer accept Colonial coins for certification. A short email sent to collectors gives no reason for the decision, but does state that Colonial issues make up a very small percentage of CAC’s sale and submission volume.
CAC also published the news on Twitter.
CoinWeek will follow up with CAC founder John Albanese to find out what led up to this decision and to also find out whether the launch of the modern coin certification service Collectibles Quality Assurance Company (QA✓) will have any effect on CAC’s acceptance of 20th-century “modern” coins.