What I really Don't Like About CAC...

I agree! Buy the coin! Never the Grade!

 

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We already have seen that to some extent at the upper levels. More than one major collection has pulled stickers off/had them reholdered when the sticker rate was to low to not taint the unstickered coins.

Would probably end up destroying the myth of the old white holders in all honesty, but there is very little chance they ever accept them.

 

You aren't reading it properly. He was saying that it COULD be a disadvantage when selling because enough buyers THINK that rattlers and older holders are automatic upgrade from a lot of bad information on forums. It DOESN'T matter whether or not it ACTUALLY would. The price damage would be done from the perception being shattered to the "older holders always upgrade crowd".

He was and remains right that it can be a detriment to much older holders and it is not uncommon for stickers to be removed before auction because of this. His initial point was about auction sale prices nothing more

 

Let me help you here, Baseball....

"Doubly in fact, a green CAC sticker on say, a PCGS Rattler, will be a negative since you know that it probably won't upgrade based on modern grading standards!"

Do you see the word "COULD" in there anywhere? No, you don't, yet here you are directly claiming that I'm the one who isn't "reading it properly" and continuing to deflect onto something else entirely.

This isn't rocket science. It has NOTHING TO DO WITH PERCEPTION, nor is it about "selling". The above is the EXACT quote I initially questioned (and iPen later clarified) and had only to do with upgrade potential. Again, if you wish to discuss perception, that's fine and is a perfectly reasonable consideration, but is NOT what was initially said and has absolutely nothing to do with why his original post, AS WRITTEN, was in fact a stretch. Very, very simple.

 

He's said could in another post yet you continue the crusade. I knew what he meant anyway from the first one. If you want to pick a fight for no reason knock yourself out. This pettiness is so old at this point it's not even funny anymore.

You are bored and want to start a fight as always, got it

 

Btw, the stickers are oval. How can you not like that?

 

Just understand what CAC actually is - a consortium of high-level dealers and bigtime collectors who have been burned too many times by crap coins in TPG holders. They got so tired of being burned by those slabbed dogs that they started a (non-profitable by their standards) labor-intensive effort to acknowledge the coins which actually deserved the grade assigned. They buy and sell coins for a living, unlike the TPG's, and all they want is for what they trade to be worth what they ask.

The CAC dealers don't get to live in some theoretical world of "perfect" grading, because they're betting dinner in the outcome. And they back their word by buying those coins, to the tune of a whole_bunch_of_money.

Sure, higher coin prices are in their favor. I personally believe they're right to an extent because of dilution of grading, and the truly good coins should be worth more than a market where roadkill can make MS65 (from people whose vested interest is in offering high grades so their customers make money on the submission).

ANACS doesn't make the grade simply because the market doesn't think ANACS makes the grade. If ANACS stuff sold for as much as PCGS and NGC, CAC would handle them.

Everybody makes mistakes. I've seen mistakes with a Bean (but not many). The difference is, CAC bets their own money on it - they buy and prefer to buy and sell CAC coins. They're betting their living on it, and backing it with their own cash.

Yeah, they're deliberately moving the market into their favor on this, with a high degree of success. But the question you should be asking yourself is not "why are they doing this?" but "why can they do this?"

Answer: because they're filling a hole that needed filled, before someone breaks an ankle.