Are CAC stickers useless on MS?

Independently slabbed coins must come with a tube of super glue so I can lock the case up. Guarantees no switcharoos after they leave my sight.

 

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So the answer to the OP question is. As soon as enough people get my signature on their coins, yes they will be useless. For now they aren't. Weigh the cost of the pretty sticker against the value of the coin, and if you plan on keeping the coin in your family, I say don't bother, because it's a fad.

 

Why do people go completely off the rails because of JA?

 

There is a natural tendency in people to be distrustful of the motives and morals of the rich and successful. Beats the heck out of facing the fact that they simply worked harder and wanted it more than you.

 

There is nothing there I can disagree with. Seems maybe at the end of the day some of it is about ego?

 

Also there is a jealousy factor. Whether someone earned the money honestly, or bought diamonds for $5 a pound and sold them at $10,000 a ct, people will hate on them.

 

Only the boat, the train, and the plane.

Your blasting of CAC and JA is about the most uneducated I have ever had the displeasure to read on any forum. You make up history and motives to bash a market that you have absolutely no interaction with. Dealers of high end coins were tired of overgraded dreck devaluing coin prices and this created an opportunity for JA to create the CAC market.

These dealers are selling coins that are often times worth tens of thousands of dollars and the buyers of these coins have an investment component attached. When gradeflation increases populations and suppresses prices, these investors/collectors lose money and their natural instinct is to blame the dealer who sold them the coin/investment.

Furthermore, the separation of NGC & PCGS as tier1 TPGs happened long before the inception of CAC. ANACS, ICG et al have only themselves to blame for being left out in the cold.

You keep harping on his past dealings with PCGS and NGC. PCGS was first, and he left them to start NGC. To my knowledge, he has had no affiliation with NGC since the 1990's. If you want to understand his motives for starting the CAC, then listen to what he has to say rather than perpetuating silly conspiracy theories.

http://www.caccoin.com/cac-in-the-news/an-interview-with-john-albanese-by-maurice-rosen/

 

Man, am I glad that people here can distill the facts down to absolutes!

 

When I look at the two posts together it looks redundant : (

 

I think that very few people on this forum are even close the same league as the graders at the TPGs. If you are talking about the newer graders who handle moderns all day long, maybe, but no way are they as good as the graders who handle the classic coins.

Personally, I put my skills at grading Jefferson Nickels up against anybody, but that is only one series. I'm pretty good at grading 20th century silver, proficient with older silver, struggle with copper, and am completely lost grading gold coins.

If you don't understand that an overestimation of skill with respect to grading can cost you money while buying and selling coins, then I don't know what to tell you.

 

I apologize for the plagiarism it was unintentional.

 

GoldFinger1969, posted: "You read stuff into my post which is totally false."

I knew it was false, that's why I quoted the post. It was obvious to me that you have no idea what goes on inside a TPGS yet you claimed to know the differing opinions of the graders who work there rather than write that it was JUST your opinion that the graders differ on most/many coins - which is also false.

"I have never worked for CAC, a TPG, or anything coin-related and those here who know me will vouch for my background. I wouldn't even consider myself an expert grader, not by a longshot. I am talking about the numerous articles in which various coins are shown to "experts" who then disagree by up to 2 grades on the coins. Or you can read my link about the FBL Franklin Halfs which increased 1 1/2 grades + FBL and went up like 10-fold in value after being graded by a TPG and also turned down for a higher grade by the original owner."

I try not to read posts from self confessed non-experts.

"Happens all the time, I think the vets here will agree with me. And yes, many of the veterans here are very good at grading, comparable to many of the TPG graders, especially the more junior members."

Here we go again...and what TPGS junior members are you comparing the veterans here to? Do you have any idea of the of what a "junior grader" needs to prove before they are hired? I'll agree that many CT members are excellent graders (you mention one ) but to say they are better than TPGS employees who actually control the market is just plain... well, as @180IQ.

 

Rich means one thing... you have money. It makes no allusions to how you acquired it or whether or not you've earned it.

Did you know that most wealth in the US is inherited?

Yet, they are more deserving of success, (because they worked harder) than anyone else??? You have to explain that to me further.

 

In my opinion you just basically summed up the entire issue in one post

 

Did you know you are wrong?

Gates inherited it?
How abut Bezos?
Buffet?
Zuckerburg?


I guess they were all handed money?

 

That's a pretty small part of the list of accumulated wealth... wanna continue?

The Walton family... the Koch brothers... President Trump... the list goes on and on

 

Really not.

http://www.businessinsider.com/richest-people-in-the-world-2015-4

 

I think the whole concept of a grader being needed to keep The Graders in check is what irks some people.

For the purists, both a TPG and CAC drive up the price above what a normal supply-and-demand among coin collectors would imply.

 

I'm learning here. Thanks for continuing!

 

That list of people who "earned it" includes the Koch Brothers... they INHERITED their fortune... from Daddy