What about CAC do you like?

Discussion in 'Coin Chat' started by Endeavor, Aug 13, 2016.

  1. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter


    Actually, that implies that 99.9% of collectors don't NEED CAC; it says nothing at all about whether or not 99.9% of collectors either do or don't like CAC.

    CAC is a tool. PCGS is a tool. NGC is a tool. The old books Photograde or Brown and Dunn are tools. One can use them or not.
     
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  3. oval_man

    oval_man Elliptical member

    Oh, come on. In the context of the original comment, "like" and "need" mean essentially the same thing. Here's the comment:
    My point is that throwing out a rash, unsubstantiated figure (99.9%) and then defending it with an insult doesn't seem very constructive.
     
  4. devinpiedra

    devinpiedra New Member

    edited - forum rules
     
    Last edited by a moderator: Aug 17, 2016
  5. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I don't see where anyone said they were "looking", sir. I realize you meant no harm, and just so you know, blatant self promotion is a no-no on this site; once a mod sees your post it'll most certainly be taken down.
     
  6. Santinidollar

    Santinidollar Supporter! Supporter

    Can you make a post without insulting someone? Come on, try it. Bet you can do it.
     
    fiddlehead likes this.
  7. *wolf7*

    *wolf7* Member

    No such thing is implied. You also need to enhance your reading comprehension skills, or at least harness your imagination.
     
  8. Santinidollar

    Santinidollar Supporter! Supporter

    Guess not.
     
    Stevearino and baseball21 like this.
  9. NorthKorea

    NorthKorea Dealer Member is a made up title...

  10. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    This is a question that can be answered using their verification tool.

    I'd like to think the guy just made a poor assumption, but a search through his listings suggest otherwise. "Dumb" is putting it too nicely.
     
  11. baseball21

    baseball21 Well-Known Member

    As was pointed out above by oval man with the line "There is nothing to like about CAC sticker" as the start of the comment the poster was essentially saying CAC has no relevance to 99.9% of collectors which is clearly not the case. Whether someone wants to say like, want, need ect clearly far far more than .1 percent of collectors use them and respect their opinion

    Exactly everything is always a tool. No one has to agree with every single thing or like exactly the same thing as someone else, but to just dismiss something like CAC and not see the value in being able to learn from the opinions of someone like JA in my opinion is a mistake. Disagreeing with decisions is fine, but if someone really wants to learn the key would be in figuring out why the opinion differs. If it is just a matter of personal taste no big deal, people like what they like. But if it is something that you missed when looking at a coin they saw that is a learning experience and far more than .1 percent of collectors could benefit from this type of learning. It just comes off as foolish when someone tries to act like such a well established and respected part of the hobby is absolutely meaningless
     
    Paul M. likes this.
  12. Santinidollar

    Santinidollar Supporter! Supporter

    Looks like the reference to CAC is gone.
     
    Paul M. likes this.
  13. Stevearino

    Stevearino Well-Known Member

    Life is short. Too short for shortness, @wolf7. @Santinidollar is right on, and you insulted him, too. You are now blocked on my threads. I like to start the day with a good, strong cup of coffee, my wife at my side, something inspirational to read and the exchange of thinking on CT without pettiness or an edge to it.
    Steve
     
    Santinidollar likes this.
  14. C-B-D

    C-B-D Well-Known Member

    I just became a CAC dealer this year. Here's what I've learned so far:
    1. Green CAC stickers don't make a huge difference in sale prices unless it's a "bigger" coin like a top pop or, say, a $750 and up valued coin. For example, I recently sold a common MS63 Morgan with a green sticker that went for $65, almost exactly what the MS63 coin plus the $12.50 for the sticker cost me - so no profit. But I also tried to sell a PCGS MS62 Flying Eagle Cent for $595 and no one bit. But as soon as I got it green stickered, it sold within 36 hours for $745!

    2. CAC can still be inconsistent. Here is just one example (I have more, personally): I sent an NGC proof 64 Indian Cent that was already green stickered to PCGS for crossover. It crossed, and the client asked me to send it back to CAC. It failed to sticker.

    3. CAC generally helps the toned coin market. Whenever I have tried to sell a rainbow toned coin, it can be very slow to move without the sticker. On a couple of occasions, when the rainbow toned coin has failed to sell, and I sent it to CAC and it stickered, it would sell within a few days with the sticker.
     
    Paul M. likes this.
  15. Cascade

    Cascade CAC Grader, Founding Member

    Good to know your experiences. You know this but I too recently became a cac member. Have yet to submit though. Good to know about the toners as, as you know, that's my thing. What's the turnaround time? Thinking about sending a few in before I setup at Long Beach if there's time. I'm thinking it would cut it too close though
     
  16. C-B-D

    C-B-D Well-Known Member

    They're running about a week and a half to give you your results, but they ship registered mail which slows it all down getting back to you.
     
  17. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    I have very few coins with CAC stickers, and I am completely indifferent to them being on there. I buy coins that I like, and all a CAC sticker really does is inflate the price. As I'm not willing to pay more for there being a sticker on the slab, that usually means I end up passing on CACed coins. There are plenty of PQ coins out there in slabs without CAC stickers and I'd rather just buy those at a better price.

    I totally get that there are CAC collectors out there and that it makes sense for dealers to submit coins to CAC. Plus CAC's prices and policies are reasonable for what they do. For those that like CAC, more power to you, but it's not for me.
     
  18. Cascade

    Cascade CAC Grader, Founding Member

    Oh yeah. We were talking about that I think. Strange how my registered packages I send in priority flat rates only take a few days to get to their destinations. Stupid ngc sends back registered to Cali from FL and that can take a week+. I'm assuming since cac is on the right coast too it will be similar
     
  19. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Even if you send something Priority, Registered Mail adds a day or two to the shipping time. The reason is the packages must *apparently* be locked up nightly, whereby non-Registered packages can leave/enter hubs/distribution centers at all times of the night.
     
  20. Cascade

    Cascade CAC Grader, Founding Member

    Sure. But that only equates to a total of 4-6 days. Not a week or two
     
  21. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    That depends entirely on the location of the sender and the receiver. Registered mail must be locked up over night after each "hop", and then it will move again the next morning. A week or two can be common between various points in the US depending on the path the package has to take.
     
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