Bought any CACG Coins?

I have purchased a few - what about you?

 

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Nary a one yet. Do I have to pay more for them? Oh bloody dear........

 

Yes I have had to pay up for mine. I have been working on a spreadsheet eBay seller price vs CPG. EBS avg 1.25 x CACG CPG (CDN retail) so far. One I tried in auction to win via Auction Sniper but that piece bid up over CAC CPG by 70-80 pct. So dropped out of that auc. Yay for the high bidder I guess.

 

The same blasted thing happened with green beanism way back in 2010 with onset of the ship sailing. Take two......

 

Yes will be backing off on them until some kind of sanity appears.

 

Sane position. I was at at a FUN show many years ago, and one of the dealers there had nothing but green beans for sale. Everything was overpriced in my estimation and I fear the same thing is happening again with Sir Johns new look at things. I do applaud his hard line grading practices though. I'll wait till the dust settles. He's probably doing the hobby a favor by (buy?) hard lining things a bit.

 

Not yet, never say never though, right.

 

Question mark and the mysterians.....

 

You should read his interviews with Maurice Rosen (2008) on CAC stickers and with CoinWeek in late-2022 on CACG.

He acknowledges how "market grading" infiltrated the hobby and he is suprisingly respectful and not disdainful of those who accomodated it (says they had no choice).

Will be interesting to see if CACG can hold the line with STRICT technical grading or what others are calling it that.

The big issue will be coins with rub/wear/friction that in the past didn't leave the MS bucket and now some are getting downgraded to the AU rankings.

 

I saw one the other day wasn't a coin I was interested in so didn't look
I have no need to feed an overpriced coin entity that tells me "for more money" than the one who controls the Market. I can do that myself! CAC lost my respect when they beaned an egregious Franklin.

Fairly hypoctritical that a company that made money from stickering overgraded coins....
Has suddenly gone strict.

 

no

 

Not yet. Prices seem high.

 

Yes the prices are high and the number they have on the market at present (using eBay as a measure) are very small vs Pcgs and NGC.

 

None, likely overpriced and hyped.

 

I’ve bought one so far; I’d have bought the coin raw (1810’s O-101s are surprisingly tough to find nice/original despite being a common date and marriage) so I don’t care what holder it is in. I do like the clarity of the plastic on these holders though.

 

That one used to be in a P45 holder, so technically CACG upgraded the coin.

 

I saw a double eagle that I really liked in a CAC slab. Trouble is, I didn't like the price which was more than would have paid for the same thing in an NGC or PCGS holder