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<p>[QUOTE="Mark Feld, post: 719366, member: 11467"]John Albanese founded CAC, reviews every coin submitted to them and is the finalizer. The other two individuals who evaluate most of the coins submitted there, are a former grader from PCGS and from NGC, one of whom I worked with when I graded at NGC.</p><p><br /></p><p>To my knowledge, the backers of CAC put up $25,000,000. You don't need $100,000,000 to spend $100,000,000 over time, on coins when you are reselling the coins.</p><p><br /></p><p>For me, CAC is extremely useful in providing a second expert opinion, from one of, if not the best (for only $10/coin for coins valued up to $10,000). In a number of instances, CAC has caught problems that I and NGC or PCGS have missed. It also provides better liquidity for many coins. </p><p><br /></p><p>CAC is certainly not for all coins or all people, but a number of collectors and dealers, myself included, are happy that it is an option.[/QUOTE]</p><p><br /></p>
[QUOTE="Mark Feld, post: 719366, member: 11467"]John Albanese founded CAC, reviews every coin submitted to them and is the finalizer. The other two individuals who evaluate most of the coins submitted there, are a former grader from PCGS and from NGC, one of whom I worked with when I graded at NGC. To my knowledge, the backers of CAC put up $25,000,000. You don't need $100,000,000 to spend $100,000,000 over time, on coins when you are reselling the coins. For me, CAC is extremely useful in providing a second expert opinion, from one of, if not the best (for only $10/coin for coins valued up to $10,000). In a number of instances, CAC has caught problems that I and NGC or PCGS have missed. It also provides better liquidity for many coins. CAC is certainly not for all coins or all people, but a number of collectors and dealers, myself included, are happy that it is an option.[/QUOTE]
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