Now can you imagine if there was a little sticker you could see also. ICG and ANACS grade more than plenty of coins worthy of a CA sticker. It's is a disservice to the market IMO.
Many if not most are less than impressed with their slabs. They could close the gap at least somewhat with NGC if they came out with an improved one
John knows the reason other slabs besides NGC and PCGS are not eligible for beans and he's not telling.
I would really like to know the reason "John" doesn't CAC ANACS or ICG. He needs to come out in writing and explain why he doesn't CAC other company's slabs. If it was a problem with the slab that can be easily corrected by any company. CAC isn't evaluating the slab. They are looking at the coin and then deciding if the grade on the slab matches the coin or if they feel the coin was under graded, they put a gold sticker on the slab. Nothing more. By the way no slab is perfect. None can guarantee that they are airtight. They may be airtight when they are shipped to the customer but, what if the customer drops the slab or will it still be airtight 20 years from now? Even if there is no visual damaged to the slab that doesn't mean it's seal is not affected. I have nothing against the idea of CAC but, I have a problem with them not doing the same for companies other than PCGS and NGC. I do believe the certification of coins is a great idea. It's a great way to protect those that don't have great grading skills.
i only have a few, one on a gold piece (got for 300 under list) and the others are on error coins, i buy the coin not the sticker..if i really want an error coin (or any other for my personal collection) then i might go over list price, but most of my buys are "bargain" buys from 1/4 to 1/2 below list price...ya just have to shotgun 100's of bids, some will hit, lol
I buy the coin and don't care if it has a bean or not. I do like beans but the ones I like give me gas.
This question can be presented to CAC via caccoins.com, on the new Forum. Just sign up. I would think, though, it is rooted in making a market, and marketing plan, going back to ca.2008. These days, the CAC service is closed to new members, due to the need to maintain the CAC level of scrutiny their marketing plan and customers demand. There are requests to re-open membership, on the Forum. It also important to note that certain U.S. coin categories are closed, PCGS or NGC, although there are members soliciting to re-open, such as Colonials. There is nothing to gain by not asking on the CAC Forum. Look the Forum over. You may be surprised. You don't have to join to read it. Truth in editing: added an 'h'.
Like Mountain Man, I have several that came with CAC, but I would not pay an inflated price simply because it has one. It's all in the coin, my eye appeal, and desire! And of course, cost and my wife's permission, duh!
1865King, posted: "I would really like to know the reason "John" doesn't CAC ANACS or ICG. [So do a lot of folks] He needs to come out in writing and explain why he doesn't CAC other company's slabs. [ Who are you? Do you think you are somebody important or just another collector who wants to get CAC stickers on your slabs? News Flash: JA does not NEED to do anything as it is apparent he is doing very well, has things handled, and does not want/need additional business from other TPGS's.]
PS Think about it. Why should anyone dealing with NGC and PCGS wish to acknowledge that other services are faster , less expensive, and put out just as good a product. That would be stupid and cut down on profit for all of them both TPGS, dealers, and CAC!
Well, I use the the other 2 TPGs for specific examples I wish slabbed; each of the 4 has their niche in my opinion, but have never submitted a coin to be CAC'd...
Faster and cheaper but also less accurate IMO. None are even close to perfect, nor consistent. But there’s a difference. For example: This is the same coin. All I did was crack and resubmit to NGC. Personally I graded it 58/61 when I bought it.
I’d say the CAC sticker is worth a premium as it *should* guarantee that a coin has original surfaces and no major issues. Some coins were lightly cleaned or have other issues which should have prevented a straight grade. Today most collectors buy online and have to grade from pictures, which may not show all flaws. It’s hard to say how much of a premium as it really depends on the coin.
Absolutely subjective. And arbitrary as well. So much so that one individual coin can be graded with a variance of five, yes five grades. That's unacceptable IMO.