Just wondering, why aren't the major TPGs competing with CAC?

Discussion in 'Coin Chat' started by eddiespin, Aug 31, 2009.

  1. Leadfoot

    Leadfoot there is no spoon

    That doesn't change Jello's false inference that JA of CAC has a less than reputable reputation...Mike
     
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  3. Mark Feld

    Mark Feld Rare coin dealer

    Doug, I agree 100%. But if the poster didn't know of the person being discussed in the thread, he had absolutely no business making the comment that he did. And that's putting it nicely.

    And if it was an honest mistake, he should fess up, retract the remark and apologize.
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Not saying it does Mike. Just pointing out that mistakes can be made.
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    And for whatever else it's worth, he hasn't been here since he made that post.
     
  6. Mark Feld

    Mark Feld Rare coin dealer

    You mean you banned him?

    :eek:



    ;)
     
  7. CrustyCoins

    CrustyCoins Twilight Photographer

    Double :yawn:
     
  8. GDJMSP

    GDJMSP Numismatist Moderator


    LOL ! Glad to see you still have your sense of humor :whistle:
     
  9. Mark Feld

    Mark Feld Rare coin dealer

    I try.:rolleyes:
     
  10. HandsomeToad

    HandsomeToad Urinist

    That's why the first sentence says what it does. :D

    Ribbit :)
     
  11. HandsomeToad

    HandsomeToad Urinist

    I got banned? :eek:

    Doug! :goof:

    Ribbit :D
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    Nahhhhh. It's gotten so I kind of enjoy that feeling of stuff squishing up between my toes every time I step on you :D
     
  13. Mark Feld

    Mark Feld Rare coin dealer

    LOL, that was way too good of a visual for me.:eek:
     
  14. CrustyCoins

    CrustyCoins Twilight Photographer

    [​IMG]
     
  15. Lehigh96

    Lehigh96 Toning Enthusiast

    I don't really understand your comment about my Lafayette Dollar. I assume it was a joke, but I didn't get it.

    With regards to John Albanese, I think you guys are way off base. I think coin grading is analogous to watching the world series of poker on television. Anybody who watches the show and sees the hole cards becomes a genius poker player, and a fantastic critic of the actual players who can't see the cards. Likewise, we are all phenomenal graders when we can see the assigned grade on the slab. The ability to nail the grade of a coin without seeing that number is what makes professional graders professionals. Very similar to professional poker players with the skill to determine what cards the other players hold. There are many professional coin graders and many professional poker players. John Albanese would be the Doyle Brunson of coin grading. There is nobody better and nobody with more experience.

    Furthermore, if you guys want an exercise in humility, try this. Go to your coin club and have someone place 10 NGC/PCGS graded coins on the counter after covering the grade with some tape and black paper. Then see how many of the 10 coins you can grade correctly in 10 minutes. If you do this, my bet is you will gain a new found respect for the skills of professional graders.
     
  16. mark_h

    mark_h Somewhere over the rainbow

    Does this make them right and you wrong? Don't get me wrong I already have a profound respect for them and what they do - but I do not believe they are always correct. I mean I can study the pictures in auctions 2 or 3 times (and as long as I want)before I make a decision on my grade, but they need to be quicker than that. Now, lets make it 10 key date coins and I can tell you on most they were probably generous on the grade.
     
  17. Lehigh96

    Lehigh96 Toning Enthusiast

    The average collector would be lucky to get 5 out of 10 IMO. The guess the grade threads on this forum are proof of that. I don't always agree with the TPG grade either, but I would estimate they are right 90% of the time.
     
  18. kaparthy

    kaparthy Well-Known Member

    One man's treasure is another man's trash

    I'm sure it's a pretty coin. My point was only that there is no such thing as "the" market.

    US Type... Early Commemoratives... Errors and Varieties...
    ... ancients... Greek... Roman... Roman Imperial... LRC (Late Roman Copper, apparently a new subset of collecting)... Medieval, Merovingian, Carologinian... Anglo-Saxon... Viking Ireland... There's no such thing as "the" market.

    But, yes, I do place the Lafayette Dollar in with other NCLTs as medalliions of the Mints, exemplars of their work sold to collectors, not "real" coinage. My loss, apparently, such as it may be.
     
  19. Lehigh96

    Lehigh96 Toning Enthusiast

    I understand your point, but to call an MS65 DuVall 3-D Lafayette Dollar trash or compare it to a Liberian Elvis thingy is just a little harsh, wouldn't you say.

    [​IMG]
     
  20. green18

    green18 Unknown member Sweet on Commemorative Coins

    Liberian Elvis? Oh the humanity......
     
  21. eddiespin

    eddiespin Fast Eddie

    Yeah, and let me guess the ones you didn't read...mine! :eek: Somebody ought to step on you. :D

    OK, just kidding, let's get on with it. If we could just stick to stickers (no pun intended), that'd be great. By that, I mean, a "crossover," of course, is just one opinion on the slab. It's not a second opinion on the slab. In other words, for all that bidder at auction knows, that "crossover coin" had been submitted raw. I'm talking about a second opinion on the face of the slab. CAC already demonstrated, that has value.

    As such, I still don't see what's so crazy about opining on another party's slab. Or, should I say, another party's "homework." ;)
     
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