Are CAC stickers useless on MS?

Discussion in 'US Coins Forum' started by Endeavor, Feb 7, 2017.

  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

    :D
    You must not have excelled at Reading Comprehension 101. :D

    It's not my post which included falsehoods, it was what you were implying about my post which was false. Namely, "...it seems to me that your post is based on when you worked at a TPGS or CAC" -- which I never stated or implied.

    Your whole attack on my post was based on something I never said nor implied.


    Probably why you are a bit lacking in the reading comprehension department.....:D

    Since I wasn't commenting on grading expertise, my post wasn't necessarily useless as I was offering an opinion on CAC, TPGs, and overgrading.


    I am talking about all the graders employed during "boom times" when grading standards are seemingly relaxed. I have great respect for anybody who is a grader full-time. However, many may be hired prematurely...many in the past were thrown into the job very quickly without 100% supervision and training....many left the profession.

    Specifically, there is the time pressure and the volume pressure to spend very little time grading each coin.


    Maybe all of the TPG junior graders are better than all of the graders here (I doubt it, FWIW). However, the conditions under which they work -- time and volume -- make their grading expertise less valuable.

    Imagine a top-notch surgeon being told that for monetary reasons he/she needed to double his workload and not have any reduction in quality:wideyed:.
     
    Last edited: Feb 9, 2017
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Most of the people on the Forbes 400 made their money, not inherited.

    If there was an inheritance, it was 1 generation back meaning their parent or relative earned/created the $$$.

    IOTW...not many Rockefellers, Vanderbilts, or Astors on the list.:D
     
  4. Insider

    Insider Talent on loan from...

    I only see one major problem with CAC. If CAC actually makes a market in the coins they sticker then they are not truly independent in the sense that it is to their advantage to sticker only coins that are "solid" for the grade. To me, that might mean mid-grade and above.

    I have never used CAC. So, I'm :bucktooth: ignorant of their grading standards. However, please humor me and this post. Then, forget about it and consider it typical CT nonsense.

    Here goes, if I were a dealer and sent hundreds of NGC and PCGS coins to CAC over a period of several months, and 90% did not sticker, I would believe there was a problem with CAC and not the grading services. :facepalm:
     
  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

    While there were inheritances involved there, the BULK of their fortunes were made by THEM....not given by a family member.

    The Waltons benefitted from stock appreciation, so I guess you can say they did "nothing".

    Trump, Koch, etc.....all took millions or billions and multiplied it many fold.
     
  6. Insider

    Insider Talent on loan from...


    ;) Nice try. :yawn: ZZZZZZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzz :dead:
     
  7. baseball21

    baseball21 Well-Known Member

    Jealousy is weak
     
    GoldFinger1969 likes this.
  8. baseball21

    baseball21 Well-Known Member

    Actually that means they believe in it more. Nothing says you stand by your call than backing it with money
     
    GoldFinger1969 likes this.
  9. mikenoodle

    mikenoodle The Village Idiot Supporter

    this is so useless to get into...

    I just named 5 people of the Top 20 that inherited their wealth (not including the current sitting President, who is not in the Top 20). That's 25% of the TOP 20! What part of that confuses you?
     
    Last edited: Feb 9, 2017
  10. mikenoodle

    mikenoodle The Village Idiot Supporter

    I'm not jealous. I work hard and come from very humble means. I also don't begrudge people what they have, but to assume that because you have a lot of money, that you somehow wanted it more than anyone else, or worked harder for it is just patently ridiculous.
     
    Paul M. likes this.
  11. baseball21

    baseball21 Well-Known Member

    Jealously is rough isn't it?
     
  12. GoldFinger1969

    GoldFinger1969 Well-Known Member

    But most of the Forbes 400 did not.

    Even in the examples you cited: Trump (millionaire) and Koch's ($2 billion net worth) multiplied the wealth many fold AFTER they got their inheritance.
     
  13. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Nobody says luck didn't play a role in it.

    Plus the law of numbers: some people in society WILL be rich and many times it's being in the right place at the right time (Gates and DOS, for example).
     
    mikenoodle likes this.
  14. mikenoodle

    mikenoodle The Village Idiot Supporter

    but what you simply dismiss is that they had this GIGANTIC leg up on the rest of the world, and it put them at an advantage. That was my whole point.

    I have made piles of money more than my inheritance, but I appear on no list. I also don't make excuses, nor do I complain about my lot in life.

    COL. E.H.R. Green would likely not be known to the numismatic world if he had not been Hetty's son.
     
    Paul M. likes this.
  15. baseball21

    baseball21 Well-Known Member

    All you've done here
     
  16. mikenoodle

    mikenoodle The Village Idiot Supporter

    you know, baseball, I have often wondered how someone could be a bigger jerk and have been lost for an answer... up until this post.
     
  17. baseball21

    baseball21 Well-Known Member

    Facts were presented to you multiple times about wealth. Your feelings dictated your responses
     
  18. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    So they've done nothing (same with Trump)? You're a good dude, Mike, and have a valid point even if the great CT oracle thinks otherwise, but give credit where credit is due. A head start is one thing, but to suggest all their wealth was inherited is a different story altogether.
     
  19. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    You may want to avoid them from the self-confessed "experts" as well... ;)

    And I changed the color of your post, as a courtesy, for those among us who have trouble seeing colors offering less contrast.
     
    Insider and mikenoodle like this.
  20. mikenoodle

    mikenoodle The Village Idiot Supporter

    have never and would never insinuate that... and thanks books...

    What I suggested is that if others were given that same head start, they may have done better (or worse).

    I get tired of people equating wealth to hard work and desire and poverty to the lack of both. They sometimes are not correlated.
     
    Paul M. likes this.
  21. baseball21

    baseball21 Well-Known Member

    Your jealousy is showing again
     
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