CAC price increase

The wife would kill me......not to mention that I'd probably succumb to a heart attack. I'll stick with coins......much safer.

 

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Not if you buy one from China.....

 

I have an idea, everyone. How about we slab slabs? You know, they will specify the condition of the slab. Whether it has any scratches, or the label still has original luster and crispness. We will put the entire slab inside another slab. In addition, we will have stickers that certify the authenticity of a CAC sticker.

No one cares about the coin inside the slab, we only care about the slab and the sticker, right? Well, this way, we can certify and grade our slabs!

In addition, we will have a grading company that slabs every collectible from cars to Yap stones. Great idea, huh?

Edit: We will have an additional bean tied to CAC that is given to slabbed slabs that are accurately graded or undergraded.

 

I have an idea, we never ever ever ask anyone an opinion or a question about a coin. We never talk to a dealer, a friend, a specialist at all. We know it all and never ever ever should get any other opinion on anything. We should just assume everything is nonsense because we know best, I mean what does JA actually know about coins hes just grading plastic right?....

Obviously what I just wrote is nonsense, which your post was as well. If you cannot see the value in an opinion from someone with the reputation and experience that JA and his staff have well that is your opinion. If you believe in talking to dealers and friends and specialists and getting opinions well then you believe in what CAC is doing and just letting personal bias get in the way of seeing that

 

Geez!Knew I should have sent you these other coins last week to get CACd. Oh well ,seems typical for my case as soon as I start doing something,the prices increase .

 

It takes effect Dec 1, so you still have time.

 

I got the same letter yesterday.

 

Reviewing two coins through CAC costs more than grading three coins through ANACS.

 

Indeed! Looking at the big picture, as opposed to assuming and running with it, is so last century...

Of course this may just be part of the ever-present echo...

 

Total apples to oranges

 

I'm aware.

 

Totally. CAC won't sticker Dan Carr pieces.

 

No worries Frank I think the draft board will give you a pass

 

Only because they're modern & in ANACS slabs

 

I've wondered, why does CAC only sticker NGC/PCGS? If they feel the other companies overgrade, they should still allow them to be submitted... they'll just regularly get returned without a sticker.

 

Dunno, but if they even just accepted old white ANACS slabs, that would make a ton of people happy and create a lot of excitement in the market.

 

Because they cannot say they will pay X for a stickered PCGS/NGC and Y for an ANACS. Their sticker has to carry the same weight.

 

That makes no sense.

What I mean is:

If the coin is MS65 (or whatever grade) by CAC "green bean" standards, and the coin is in an ANACS MS65 (or SEGS or PCI or ICG or whatever other slab company that the slab shows tampering), then CAC is simply validating that the grade is in the top-third of coins for that grading tier. Same for the "gold bean" standards: If the coin is undergraded by whoever, then the coin would get a gold bean.

If the coin fails to meet CAC standards, it doesn't get a bean. Again, I don't understand the logic of limiting it to PCGS/NGC other than perceptions of cachet.

 

The logic is probably that they are a small operation and want to keep it simple which is why they stopped accepting blanket members

 

It makes all the sense in the world actually.

You really expect CAC to pay PCGS prices for those other companies wont happen. And the market expect in rare toning cases rejects them all besides PCGS and NGC. CAC buys and sells what they sticker, they aren't going bankrupt trying to promote 2nd and 3rd tier grading

PS just occurred to me you may not be aware they will buy their stickered coins which is one of the things that made them successful, standing behind the product.